Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 13

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 13
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, other senior leaders, and representatives of our Business Resource Groups (“ BRGs ”) meet quarterly to shape the strategy and actions of our inclusion and belonging efforts. The Inclusion and Belonging Council reports on their conclusions to the Corporate Responsibility Committee (“ CRC ”). The CRC reports to the Nominating and Corporate Governance Committee of the Board.

Open to all colleagues on a voluntary basis, Webster’s BRGs enhance the success of Webster’s strategic objectives and contribute meaningfully to the neighborhoods where we live and work. Through market development, client attraction and retention, networking, mentoring and community outreach, the BRGs help colleagues to better understand our markets and community stakeholders, and support Webster’s business strategy. Webster’s BRGs further align with corporate strategy by leveraging and capitalizing on the benefits of an inclusive, talented workforce, which may include increased innovation, improved problem-solving and enhanced employee engagement and satisfaction. Our BRGs are designed to unite Webster colleagues with a range of backgrounds and skills with the purpose of facilitating their growth and development. Our BRGs provide support for innovative programs and initiatives that drive Webster’s efforts in recruitment and hiring, talent and leadership acquisition and development and colleague retention and productivity. Our eight BRGs are:

• African and Caribbean Heritage Connection

• Allies for Disabilities and Accessibility

• Amigos Connected @ Webster

• Military Veterans Community Network

• Multi-Generations

• Pan Asian Collective

• Webster PRIDE

• Webster Women’s Network

As a values-driven organization, we are committed to offering competitive and comprehensive compensation, professional development opportunities, and robust health and welfare programs. We offer medical, dental and vision plans, prescription benefits, life insurance and disability benefits, Health Savings Accounts, wellness incentives, health coaching, paid parental leave, paid time off, matching 401(k) retirement savings plan, employee stock purchase plan, employee assistance program, backup child and elder care, pet insurance, and wellness programs. We are committed to pay equity and regularly review our compensation model to ensure fair pay practices across our business.

We are focused on investing in our current and future talent by actively supporting the success, growth, and career progression of our colleagues. Our colleagues have access to our internal learning resource that offers on-demand virtual instructor-led training and on-demand programs. Webster also provides unlimited access to self-directed e-learning courses taught by industry experts with curated learning paths designed for specific professional interests.

We also make significant investments in formal development programs to build our talent pipeline. In 2024:

• Our Internship Program hosted 31 individuals, who