Company: WBS-PG
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0000801337-25-000015
Chunk: 69

Company: WEBSTER FINANCIAL CORP
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 69
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 are Messrs. Morse (Chair), Atwell, Haas, Pettie, and Whiston.

None of the members of the Compensation and HR Committee, including those persons who served as members during 2024, was a current or former officer or employee of Webster or any of its subsidiaries or engaged in certain transactions with Webster required to be disclosed by regulations of the SEC. Additionally, there were no compensation committee “interlocks” during 2024, which generally means that no executive officer of Webster served as a director or member of the compensation committee of another entity, one of whose executive officers served as a director or member of the Compensation and HR Committee of Webster.

Compensation and Human Resources Committee Report

The Compensation and HR Committee met with management to review and discuss the Compensation Discussion and Analysis disclosures. Based on such review and discussion, the Compensation and HR Committee recommended to the Board that the Compensation Discussion and Analysis be included in this Proxy Statement and incorporated by reference in the Company’s Form 10-K for its 2024 fiscal year, and the Board approved the recommendation.

<div align='center'>Compensation and Human Resources Committee

Laurence C. Morse (Chair)

William L. Atwell

William D. Haas

Mark Pettie

William E. Whiston</div>

The foregoing report of the Compensation and Human Resources Committee does not constitute soliciting material and shall not be deemed filed, incorporated by reference into or a part of any other filing by the Company (including any future filings) under the Securities Act or the Exchange Act, except to the extent the Company specifically incorporates such report by reference therein.

<div align='center'>50</div>

| WebsterFinancial Corporation |     | SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT |

| SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT |

Securities Owned by Management

The following table sets forth information as of April 1, 2025 (unless otherwise indicated below) with respect to the amount of common stock beneficially owned by each director of Webster, each nominee for election as a director, each of the NEOs and all directors and executive officers of Webster as a group.

| Name and Position(s) with Webster                                                                     |     | Number of Shares and  
 Nature of             
 Beneficial Ownership1 |     |          |     | Percent of   
 Common Stock 
 Outstanding  |     |   |
| Named Executive:                                                                                      |     |                       |     |          |     |              |     |   |
| John