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POPULAR, INC.

State Commercial Banks·HATO REY, PR·FY end 12/31·CIK 763901

Named Executive Officers

FY 2025
ExecutiveSalaryStockOptionsBonus / Inc.OtherTotal
Ignacio AlvarezChief Executive Officer (“CEO”)
$1.1M$3.5M$1.5M$50.5K$6.2M
Javier D. FerrerPresident and Chief Operating Officer (“COO”)
$790.0K$1.3M$631.2K$15.8K$2.7M
Lidio V. SorianoExecutive Vice President and Chief Risk Officer (“CRO”)
$590.0K$666.7K$453.7K$13.2K$1.7M
Jorge J. GarcíaExecutive Vice President and Chief Financial Officer (“CFO”)
$540.5K$666.7K$406.8K$10.9K$1.6M
Manuel ChineaExecutive Vice President and Chief Operating Officer of Popular Bank
$565.0K$552.0K$380.1K$48.6K$1.5M
Carlos J. VázquezFormer Executive Vice President and Chief Financial Officer (“Former CFO”)
$220.7K$612.0K$153.6K$296.2K$1.3M

CEO pay mix

Ignacio Alvarez · FY 2025
Total$6.2M
Stock awards$3.5M57%
Performance bonus$1.5M24%
Salary$1.1M18%
Other$50.5K1%

Performance vs. pay

TSR % vs. CEO comp actually paid · 6 fiscal years · Item 402(v) disclosure
FY
TSR
CEO comp
FY20
+0%
$5M
FY21
+49%
$3M
FY22
+24%
$2M
FY23
+59%
$3M
FY24
+88%
$3M
FY25
+155%
$7M

CEO comp · median worker · ratio — 5-year trend

CEO total compMedian employeePay ratio (right axis)
$7M146$5M110$3M73$2M37$0M0FY25FY25FY25FY25FY25