Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 17

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 17
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| Technology, Cybersecurity and Data Management                                                                                                                                                                                                                                                                   |     | Financial Services Industry                                                                                                                                                                                                            |     | Strategic Planning and M&A                                                                                                                                                                                                              |
| Expertise in cybersecurity, data management, and information technology systems and developments, either through academia or industry experience.                                                                                                                                                               |     | Experience in one or more of the Company’s specific financial services areas, including commercial banking, healthcare financial services, and consumer banking.                                                                       |     | Experience leading strategic planning initiatives and complex mergers, acquisitions, or divestitures, including direct involvement in the integration of people, systems, data, and operations.                                         |
| Executive Leadership                                                                                                                                                                                                                                                                                            |     | Compensation and Human Capital Management                                                                                                                                                                                              |     | Legal and Regulatory                                                                                                                                                                                                                    |
| Chief Executive Officer or other senior executive officer who is a direct report to the Chief Executive Officer.                                                                                                                                                                                                |     | Experience in workforce management, compensation, culture, succession planning and talent management.                                                                                                                                  |     | Experience in legal and regulatory affairs, including experience acquired through positions in a regulated industry and/or with government organizations and regulatory bodies as well as experience working with government officials. |

The Board has no reason to believe that any of its nominees will be unable or unwilling to serve if elected. If a nominee becomes unable or unwilling to accept nomination or election, either the number of the Company’s directors will be reduced or the persons acting under the Proxy will vote for the election of a substitute nominee that the Board recommends.

As required by Webster’s Bylaws, as amended (the “ Bylaws ”), directors must be elected by a majority of the votes cast with respect to such director in uncontested elections (meaning the number of shares voted “for” a director must exceed the number of votes cast “against” that director). There

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| WebsterFinancial Corporation |     | ELECTION OF DIRECTORS |

are no cumulative voting rights in the election of directors. In addition, under the Bylaws, incumbent directors nominated for re-election are required, as a condition to such nomination, to submit a conditional letter of resignation. In the event an incumbent nominee for director fails to receive a majority of the votes cast at an annual meeting, the Nominating and Corporate Governance Committee will consider the conditional resignation and make a recommendation to the Board as to whether to accept or reject the resignation, or whether other action should be taken. The Board will act on the Nominating and Corporate Governance Committee’s recommendation and publicly disclose its decision and the rationale behind it within 90