Company: WBS-PG
Filing Date: 2025-09-05
Form Type: 424B5
Source: 0001193125-25-197211
Chunk: 83

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-09-05
Form: 424B5
Chunk 83
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 or similar transaction involving Webster . The applicable indenture may contain provisions that would afford debt security holders protection in the event of a change of control. You should refer to the applicable prospectus supplement for information with respect to any deletions from, modifications of or additions to the events of default or covenants of Webster that are described below, including any addition of a covenant or other provision providing event risk or similar protection. For purposes of the descriptions under the heading “—Description of Senior Debt Securities and Subordinated Debt Securities”:

| • |     | “subsidiary” means a corporation or a partnership or a limited liability company a majority of                                                                                                                                                     
 the outstanding voting stock or partnership or membership interests, as the case may be, of which is owned or controlled, directly or indirectly, by Webster or by one or more other subsidiaries of Webster. For the purposes of this definition, 
 “voting stock” means stock having voting power for the election of directors, or trustees, as the case may be, whether at all times or only so long as no senior class of stock has voting power by reason of any contingency;                     
 and                                                                                                                                                                                                                                                |

| • |     | “significant subsidiary” means any subsidiary of Webster that is a “significant                    
 subsidiary,” within the meaning of Regulation S-X promulgated by the SEC under the Securities Act. |

Ranking Senior Debt Securities Payment of the principal of and premium, if any, and interest on debt securities we issue under the senior debt indenture will rank equally with all of our unsecured and unsubordinated debt. Subordination of Subordinated Debt Securities To the extent provided in the subordinated debt indenture and any supplemental indenture, and as described in the prospectus supplement describing the applicable series of subordinated debt securities, the payment of the principal of and premium, if any, and interest on any subordinated debt securities, including amounts payable on any redemption or repurchase, will be subordinated in right of payment and junior to senior debt, which is defined below. If there is a distribution to creditors of Webster in a liquidation or dissolution of Webster, or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding relating to Webster , the holders of senior debt will first be entitled to receive payment in full of all amounts due on the senior debt (or provision shall be made for such payment in cash) before any payments may be made on the subordinated debt securities. Because of this subordination, general creditors of Webster may recover more, ratably,