Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 36

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 36
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 of the Compensation and HR Committee, Nominating and Corporate Governance Committee, and Technology Committee.

Webster continues to reimburse directors for reasonable travel expenses incurred in connection with attending Board meetings and our director education program.

STOCK OWNERSHIP GUIDELINES FOR NON-EMPLOYEE DIRECTORS

The Webster stock ownership guidelines require non-employee directors to own Webster common stock with a market value equal to that of five times the annual board member cash retainer (or $475,000 for 2024 and 2025 following the Annual Meeting). Non-employee directors who do not meet the guidelines agree to hold all long-term incentives, which include vested shares of restricted shares (net of exercise price and taxes), until they achieve the required ownership threshold of Webster common stock.

Additionally, the 2021 Stock Incentive Plan, as amended on April 26, 2023, establishes a shareholder-approved annual limitation of $500,000 on the value of shares (determined on the date of the grant) granted to any non-employee director in a calendar year.

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#### WebsterFinancial CorporationEXECUTIVE OFFICERS
| EXECUTIVE OFFICERS |

The following table sets forth information regarding the executive officers of Webster and Webster Bank. Executive officers are appointed annually by the Board. All ages are provided as of April 1, 2025.

| Name                |     | Age |     | Positions with Webster and Webster Bank, unless otherwise indicated below                                                        |
| John R. Ciulla      |     |  59 |     | Chairman of the Board and Chief Executive Officer of Webster and Chairman, President and Chief Executive Officer of Webster Bank |
| Neal Holland2       |     |  47 |     | Chief Financial Officer                                                                                                          |
| Luis Massiani       |     |  48 |     | President and Chief Operating Officer of Webster and Chief Operating Officer of Webster Bank                                     |
| Christopher J. Motl |     |  54 |     | President of Commercial Banking                                                                                                  |
| Kristy Berner       |     |  50 |     | General Counsel and Corporate Secretary                                                                                          |
| Daniel H. Bley      |     |  56 |     | Chief Risk Officer                                                                                                               |
| Elzbieta Cieslik    |     |  63 |     | Chief Audit Officer                                                                                                              |
| Javier L. Evans     |     |  63 |     | Chief Human Resources Officer                                                                                                    |
| James Griffin       |