Company: BPOPM
Filing Date: 2025-06-25
Form Type: 11-K
Source: 0001193125-25-147021
Chunk: 2

Company: POPULAR, INC.
Filing Date: 2025-06-25
Form: 11-K
Chunk 2
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 conjunction with the audit of the Plan’s financial statements. The supplemental schedule is the
responsibility of the Plan’s management. Our audit procedures included determining whether the supplemental schedule reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures
to test the completeness and accuracy of the information presented in the supplemental schedule. In forming our opinion on the supplemental schedule, we evaluated whether the supplemental schedule, including its form and content, is presented in
conformity with the Department of Labor’s Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental schedule is fairly stated, in all material respects, in
relation to the financial statements as a whole.

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| San Juan, Puerto Rico                                                                                            
 June 25, 2025                                                                                                    |
|:-----------------------------------------------------------------------------------------------------------------|
| We have served as the Plan’s auditor since 1999.                                                                 
 CERTIFIED PUBLIC ACCOUNTANTS                                                                                     
 (OF PUERTO RICO) Stamp                                                                                           
 DLLP216-375 of the P.R. Society of Certified Public Accountants has been affixed to the file copy of this report |

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Popular, Inc. U.S.A. 401(k) Savings and Investment Plan Statements of Net Assets Available for Benefits December 31, 2024 and 2023

| Assets                                                     |     | 2024 |             |     | 2023 |             |
|:-----------------------------------------------------------|:----|:-----|------------:|:----|:-----|------------:|
| Investments, at fair value                                 |     | $    | 151,709,835 |     | $    | 131,760,187 |
| Annuity contract with insurance company, at contract value |     |      |  15,420,430 |     |      |  15,133,734 |
| Receivables                                                |     |      |             |     |      |             |
| Employer contributions                                     |     |      |     300,780 |     |      |     230,857 |
| Participant contributions                                  |     |      |     247,853 |     |      |     157,278 |
| Dividend, interest and other receivables                   |     |      |      88,131 |     |      |      83,131 |
| Notes receivable from participants                         |     |      |   2,630,314 |     |      |