Company: BPOPM
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010189
Chunk: 2

Company: POPULAR, INC.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 2
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 approximately 9,200 talented and committed employees that demonstrate their unwavering commitment to all our stakeholders. Their dedication is the driving force behind Popular’s achievements. During 2024, we continued to make significant progress in our Transformation, which is already generating tangible results in the modernization of our customer channels and the enhancement of our customers’ experience. As the pace of our Transformation accelerates, we continue unlocking benefits and growth opportunities to better serve our clients. We remain committed to our renewed corporate purpose “Putting People at the Center of Progress”, which entails meeting the rapidly changing needs of our customers, providing our colleagues a workplace where they can thrive, promoting progress in the communities we serve and generating sustainable value for our shareholders. We enter 2025 on a strong footing and optimistic about Popular’s prospects for the year. As recently announced, after 15 very rewarding years at Popular and careful thought and consideration, I have decided to retire as CEO of Popular effective June 30, 2025. Popular is a special institution and leading it has been a privilege and the opportunity of a lifetime. I am grateful for our successes as well as the challenges we faced, as they both demonstrate the talent, resolve and heart of this organization. I would like to thank our Board and colleagues, as well as our customers and shareholders, for their trust and support, which have made this journey a truly exceptional one. I remain confident about Popular’s strength and future path and believe it is the right time for Javier D. Ferrer to become Popular’s new CEO. I am especially grateful to Javier for his friendship and partnership for more than 30 years. Javier is a talented leader who cultivates a collaborative, high-performance culture. He will bring new energy while ensuring a smooth transition into the CEO role. I firmly believe Popular’s best days are ahead, and I am positive that Javier will lead us to even greater successes.

| On behalf of all of us, thank you for your support. 
 IGNACIO ALVAREZ                                     
 Chief Executive Officer                             
 Popular, Inc.                                       |

TABLE OF CONTENTS

| NOTICE OF                      
 ANNUAL MEETING OF SHAREHOLDERS 
 AND PROXY STATEMENT            |

| DATE AND TIME |     | Thursday, May 8, 2025 9:00 a.m. (Atlantic Standard Time)                                                                                                                                                                                                                                                                                            |
|:--------------|:----|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| PLACE         |     | Popular Center Building, PH Floor, 209 Muñoz Rivera Avenue,