Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 18

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 18
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 days from the date the election results are certified. The director who failed to receive a majority of the votes cast will not participate in the Board’s decision.

Director Nominees

The following provides biographical information regarding each of the nominees, including the specific business experience, qualifications, attributes, and skills that were considered, in addition to prior service on the Board. Each nominee brings significant experience to the Board and the Committees on which he or she serves, and the Board believes that each of the nominees is well qualified to serve as a director on Webster’s Board.

| JOHN R. CIULLA                                    
 Chairman of the Board and Chief Executive Officer 
 Age:59                                            
 Director since:2018                               |     | Current Committees: 
 Executive (Chair)   |     | Committees pending re-election at Annual Meeting: 
 Executive (Chair)                                 |

SELECTED DIRECTOR QUALIFICATIONS:

• Over 20 years of leadership experience in financial services industry

• Extensive experience as President and Chief Executive Officer of Webster, providing a thorough understanding of Webster’s opportunities, challenges and operations

• Substantial knowledge about regional banks and the Connecticut market from experience on the Boards on which he served

CAREER HIGHLIGHTS

• Chairman of the Board from April 2020 to January 2022 and again effective February 1, 2024

• Chief Executive Officer since January 2018

• Joined Webster in 2004 and served in a variety of management positions, including President, Executive Vice President and Head of Commercial Banking, and Chief Credit Risk Officer and Senior Vice President, Commercial Banking, responsible for several lines of business

• Managing Director of The Bank of New York (1997-2004)

• Board member, American Bankers Association

• Serves on the Mid-Size Bank Coalition of America’s (the “ MBCA ”) Executive Committee

• Board member, AdvanceCT

• Served as former Chair and board member of the Connecticut Business Roundtable

| WILLIAM L. ATWELL                       
 Director                                
 Age:74                                  
 Director since:2014                     
 Former President of Cigna International |     | Current Committees:                         
 Compensation and Human Resources            
 Nominating and Corporate Governance (Chair) 
 Executive                                   |     | Committees pending re-election at Annual Meeting: 
 Risk                                              
 Nominating and Corporate Governance (Chair)       
 Executive                                         |

SELECTED DIRECTOR QUALIFICATIONS:

• Over 50 years of executive experience in the financial services industry, including banking, brokerage, healthcare and insurance

•