Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 27

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 27
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 Compensation and Human Resources                  |

SELECTED DIRECTOR QUALIFICATIONS:

• Over 50 years of business experience in the areas of finance, financial services and e-Commerce

• As a former bank executive, has experience in a wide range of roles and provides the Board with a unique perspective on business management matters

CAREER HIGHLIGHTS

• Retired Chief Financial Officer (2002-2024) and current Senior Advisor for the Archdiocese of New York, a religious nonprofit organization

• Acting Chief Executive Officer of New York Catholic Healthcare Plan, Inc. (Legacy Fidelis Care) since 2018

• Serves as a Trustee of St. Patrick’s Cathedral, St. Patrick’s Landmark Foundation and St. Joseph’s Seminary and serves as a member of the respective Audit Committees

• Member of Board of Provident Healthcare, the member of Archcare, the healthcare arm of the Archdiocese of New York

• Serves on the board of MoA Funds Corp. since 2011, and serves on the Audit Committee

• Chairman and Director of Catholic Indemnity Insurance Company (captive)

• Former Executive Vice President and Member of U.S. Management Committee of Allied Irish Bank (1972-2002), responsible for a number of key functions, including Head of Acquisitions and Brand Development, Head of e-Commerce and Information Technology, Head of Church/Not-for-Profit Lending Group, Head of Financial Consulting Services and Head of Operations

| üThe Board unanimously recommends that you voteFORthe election of each of the nominees listed above. |

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| WebsterFinancial Corporation |     | BOARD MEETINGS, COMMITTEES OF THE BOARD AND RELATED MATTERS |

| BOARD MEETINGS, COMMITTEES OF THE BOARD AND RELATED MATTERS |

Commitment to Good Governance Practices

The business and affairs of Webster are managed under the direction of the Board. Members of the Board are kept informed of Webster’s business through discussions with the Chairman of the Board and Chief Executive Officer and Webster’s other executive officers, by reviewing materials provided to the directors and by participating in meetings and strategic planning sessions of the Board and its Committees. The Board is also kept apprised by the Chairman of the Board and Chief Executive Officer, senior management, and Webster’s legal department of continuing education programs on corporate governance and fiduciary duties and responsibilities and existing directors also participate in Webster’s formal continuing education program for directors. In addition, new directors