DEFA14A: Popular, Inc. Sets Date for 2025 Annual Shareholder Meeting, Outlines Voting Matters

Popular, Inc. announces its 2025 Annual Meeting of Shareholders to be held on May 8, 2025, outlining key proposals for voting, including the election of directors, executive compensation approval, and ratification of the independent auditor.

Summary

• Popular, Inc. will hold its Annual Meeting of Shareholders on May 8, 2025, at 9:00 a.m. AST in San Juan, Puerto Rico.
• Shareholders are entitled to vote on several key proposals.
• The proposals include the election of eleven directors for a one-year term.
• Shareholders will also vote on an advisory basis to approve the corporation's executive compensation.
• The ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2025 is also on the agenda.
• Shareholders can access meeting materials and vote online at www.ProxyVote.com.
• The deadline to vote shares held in a plan is May 5, 2025, at 11:59 PM ET.
• The deadline to vote other shares is May 7, 2025, at 11:59 PM ET.
• Shareholders can request a free paper or email copy of the materials before April 24, 2025.

Sentiment

Score: 7

Explanation: The document is a routine proxy statement, indicating a neutral sentiment. It reflects standard corporate governance procedures.

Positives

• Shareholders have multiple avenues to access proxy materials and cast their votes, including online, by phone, and by email.
• The company provides a clear timeline for shareholders to request materials and submit their votes.

Future Outlook

The document outlines the matters to be addressed at the upcoming annual meeting, providing a framework for the company's governance and financial oversight for the coming year.

Industry Context

This announcement is a standard part of corporate governance, ensuring shareholders have the opportunity to participate in key decisions regarding the company's direction and oversight.

Stakeholder Impact

• Shareholders have the opportunity to influence the company's direction through their votes.
• The outcome of the votes will impact the composition of the Board of Directors and the approval of executive compensation.

Next Steps

• Shareholders should review the proxy materials and cast their votes before the applicable deadlines.
• The company will proceed with the Annual Meeting on May 8, 2025.

Key Dates

Keywords

Annual Meeting, Shareholders, Proxy Statement, Directors, Executive Compensation, PricewaterhouseCoopers, Voting, Popular, Inc.