Company: BPOPM
Filing Date: 2025-06-25
Form Type: 11-K
Source: 0001193125-25-147021
Chunk: 14

Company: POPULAR, INC.
Filing Date: 2025-06-25
Form: 11-K
Chunk 14
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 respectively, which were paid in January 2025 and 2024, respectively.

Included in the Plan assets are notes receivable from participants. At December 31, 2024 and 2023, notes receivable from participants amounted to
$2,630,314 and $2,189,451, respectively. For the year ended December 31, 2024, interest income related to notes receivable from participants amounted to $196,918. These transactions qualify as party-in-interest transactions permitted under provision of ERISA.

PLIC, a member of PFG, manages the pooled
separate accounts and the single annuity contract. PFG is the trustee of the Plan and, therefore, these transactions are permitted party-in-interest transactions under
provisions of ERISA and the regulations promulgated thereunder.

8. Subsequent Events

The Plan has evaluated subsequent events through the date the financial statements were issued.

12

Popular, Inc. U.S.A. 401(k) Savings and Investment Plan Schedule H, Line 4i - Schedule of Assets (Held at End of Year) December 31, 2024 Supplemental Schedule

| (a) |     | (b) Identity of Issue, Borrower, Lessor, or Similar 
 Party                                               |     | (c) Description of Investment                                                                        |     | (d) Cost |   |   |     | (e) Current Value |             |
|:----|:----|:----------------------------------------------------|:----|:-----------------------------------------------------------------------------------------------------|:----|:---------|:--|:--|:----|:------------------|------------:|
|     |     | American Funds AMER BAL R6 Fund                     |     | Mutual Fund 41,942 shares                                                                            |     |          | * | * |     | $                 |   1,440,720 |
|     |     | BrandywineGLBL Glbl Opps Bd IS                      |     | Mutual Fund 60,409 shares                                                                            |     |          | * | * |     |                   |     495,357 |
|     |     | DODGE & COX INCOME X FUND                           |     | Mutual Fund 316,104 shares                                                                           |     |          | * | * |     |                   |   3,916,530 |
|     |     | Franklin US Govt Sec R6 Fund                        |     | Mutual Fund 163,445 shares                                                                           |     |          | * | * |     |