Company: BPOPM
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010189
Chunk: 63

Company: POPULAR, INC.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 63
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    1,718,067 |     |            |
| Manuel Chinea                             
 Executive Vice President                  
 and Chief Operating Officer Popular Bank  |     |      2024 |     |     564,991 |     |         — |     |     552,041 |     |        380,132 |     |             — |     |       48,606 |     |  1,545,770 |
| 2023                                      |     |   560,340 |     |           — |     |   464,082 |     |     384,031 |     |          4,799 |     |        47,725 |     |    1,460,977 |     |            |
| 2022                                      |     |   537,605 |     |           — |     |   423,294 |     |     587,892 |     |              — |     |        50,387 |     |    1,599,178 |     |            |

| (a) | Minor salary differences for the NEOs between 2023 and 2024 are due to payroll administration. The only NEO who received a salary adjustment was Mr. García. The Committee approved a base salary adjustment for Mr. García, increasing his salary from $406,249 to $590,000, effective April 1, 2024, in connection with his promotion to the role of CFO. |

| (b) | Includes Popular’s customary Christmas bonus provided to its Puerto Rico-based employees, equal to 4.17% of annual base salary. Due to Mr. Vázquez’s retirement on March 31, 2024, he was not eligible for the customary Christmas bonus provided to Puerto Rico-based employees. Mr. Vázquez received a $600 Christmas bonus as required by Puerto Rico law for employees hired before January 1, 2018, who worked 700 hours or more between October 1, 2023 and September 30, 2024, and who are no longer employed by the Corporation. |

| (c) | The awards reported in the “Stock Awards” column were provided in the form of restricted stock and performance shares granted on February 22, 2024. The value in the column above represents the aggregate grant date fair value of the restricted stock and performance shares determined in accordance with FASB ASC Topic 718. The fair value applicable to restricted stock and performance share grants based on internal