Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 57

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 57
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         — |     |                |   116,462 |     |               |      — |     |              |  15,599 |     |       | 2,271,676 |
| Executive Chairman (retired)                      |     |      |     | 2023 |     |        | 1,100,000 |     |       | 2,000,000 |     |        | 3,307,718 |     |                | 1,031,250 |     |               |      — |     |              |  66,873 |     |       | 7,505,841 |
|                                                   |     |      |     | 2022 |     |        | 1,003,270 |     |       | 1,000,000 |     |        | 3,154,142 |     |                | 1,718,750 |     |               |      — |     |              |  41,629 |     |       | 6,917,791 |

1 Amounts shown in this column for Mr. Holland reflect an agreed upon signing bonus, guaranteed pro-rated 2024 cash incentive award, and relocation benefits made as part of his offer to join Webster Bank, for Ms. Berner reflect an agreed upon signing bonus made as part of her offer to join Webster Bank, and for Mr. Kopnisky are in recognition of services performed by the Executive Chairman to close and integrate the Sterling Merger and to compensate for agreement to certain restrictive covenants defined in his Letter Agreement made effective upon the Sterling Merger 2 Amounts shown in this column represent cash awards paid under the performance-based annual cash incentive plan 3 Webster Bank maintains a frozen Pension Plan as of December 31, 2007. The Pension Plan is described more fully below under the heading “ Pension Plan Benefits.” The amounts in this column reflect the change in the actuarial present value of the NEOs’ benefits under the Pension Plan determined using interest rate and mortality assumptions consistent with those used in the Company’s financial statements. Specifically, the assumptions used to value the accumulated benefits at December 31, 2024 consisted of a 5.43% interest rate for the Pension Plan versus 4.76% in 2023, and the Pri-2012 with MP-2021 Mortality Table 4 All Other Compensation includes amounts contributed or allocated, as the case may be, to the 401(k) Plan in which the NEO