Company: BPOPM
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001140361-25-010189
Chunk: 79

Company: POPULAR, INC.
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 79
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 ($) |     | Fair value as 
    of vesting 
       date of 
        equity 
        awards 
   granted and 
 vested in the 
          year 
        ($)(A) |     | Year over year 
 change in fair 
       value of 
  equity awards 
     granted in 
    prior years 
 that vested in 
       the year 
            ($) |     | Fair value at  
 the end of the 
 prior year of  
 equity awards  
 that failed to 
 meet vesting   
 conditions in  
 the year       
 ($)            |     |  Value of dividends 
   or other earnings 
    paid on stock or 
   option awards not 
 otherwise reflected 
    in fair value or 
               total 
        compensation 
                 ($) |     | Total equity 
        award 
  adjustments 
       ($)(B) |
| CEO          |     | 2024 |     |    $3,430,584 |     |     $1,124,567 |     |       $53,177 |     |        $82,645 |     | —              |     |            $175,554 |     |   $4,866,526 |
| Non-CEO NEOs |     | 2024 |     |       744,470 |     |        175,016 |     |        33,308 |     |         14,084 |     | —              |     |              34,613 |     |    1,001,492 |

| (A) | The values in this column reflect the fair value of a portion of a restricted stock award that was vested and withheld upon the grant of such award to a retirement eligible NEO for purposes of satisfying applicable tax obligations of the retirement eligible NEO in connection with the restricted stock award. |

| (B) | The values shown in this column have been rounded to the nearest dollar. |

| (v) | Adjusted Return on Average Tangible Common Equity (“ROATCE”)measures how well the Corporation’s management is using its capital from investors to generate profits. ROATCE is computed by dividing net earnings applicable to common shareholders by average tangible common shareholders’ equity. Goodwill, other intangible assets (i.e., intellectual property, licenses, patents, etc.), and unrealized gains and losses from available for sale and held to maturity investments are excluded from the equity calculation. The value derived from the foregoing calculation is adjusted for items that are non-recurring, unusual or not indicative of ongoing operations. |