On December 6, 2023, Carlos J. Vázquez announced his retirement as Chief Financial Officer of Popular, Inc., effective March 31, 2024. Mr. Vázquez has served as CFO of the Corporation since 2013 and has held various other leadership positions in Popular since 1997. On December 8, 2023, the Corporation appointed Jorge J. García as Chief Financial Officer of the Corporation, succeeding Carlos J. Vázquez.

Mr. García?s appointment will become effective April 1, 2024. Mr. García, age 51, has served as Senior Vice President, Corporate Comptroller and Chief Accounting Officer of the Corporation since March 2012. Before assuming his current role as Corporate Comptroller and Chief Accounting Officer, Mr. García served as Senior Vice President and Director of Finance and Accounting of Popular Bank, the Corporation?s banking subsidiary in the mainland United States, from June 2009 to March 2012.

Mr. García holds a B.B.A. in accounting from the University of Iowa. In his role as Chief Financial Officer, Mr. García will report to Ignacio Alvarez, the Corporation?s President and Chief Executive Officer.