Company: WBS-PG
Filing Date: 2025-09-05
Form Type: 424B5
Source: 0001193125-25-197211
Chunk: 85

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-09-05
Form: 424B5
Chunk 85
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     | reimbursement and other obligations relating to letters of credit, bankers’ acceptances and similar 
 obligations;                                                                                        |

| • |     | obligations under various hedging arrangements and agreements, including interest rate and currency hedging 
 agreements;                                                                                                 |

| • |     | all our obligations issued or assumed as the deferred purchase price of property or services, but excluding trade 
 accounts payable and accrued liabilities arising in the ordinary course of business; and                          |

| • |     | deferrals, renewals or extensions of any of the indebtedness or obligations described in the eight clauses above. |

However, “senior debt” excludes:

| • |     | any indebtedness, obligation or liability referred to in the nine clauses above as to which, in the instrument                                                                                                                                           
 creating or evidencing that indebtedness, obligation or liability, it is expressly provided that the indebtedness, obligation or liability is not senior in right of payment to subordinated debt securities or ranks equally with the subordinated debt 
 securities,                                                                                                                                                                                                                                              |

| • |     | any indebtedness, obligation or liability that is subordinated to indebtedness of Webster to substantially the                                         
 same extent as or to a greater extent than the subordinated debt securities are subordinated, and, unless expressly provided in the terms thereof and, |

| • |     | any indebtedness of Webster to its subsidiaries. |

As used above, the term “ purchase-money obligations” means indebtedness, obligations or guarantees evidenced by a note, debenture, bond or other instrument, whether or not secured by a lien or other security interest, and any deferred obligation for the payment of the purchase price of property but excluding indebtedness or obligations for which recourse is limited to the property purchased, issued or assumed as all or a part of the consideration for the acquisition of property or services, whether by purchase, merger, consolidation or otherwise, but does not include any trade accounts payable. There will not be any restrictions in an indenture relating to subordinated debt securities upon the creation of additional senior debt. The applicable prospectus supplement may further describe the provisions, if any, applicable to the subordination of the subordinated debt securities of a particular series. The applicable prospectus supplement or the information incorporated by reference in the applicable prospectus supplement or in this prospectus will describe as of a recent date the approximate amount of our senior debt outstanding as to which the subordinated debt securities of that series will be subordinated. Structural Subordination Because Webster is a holding company, our cash flows and consequ