This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Directors of Popular, Inc. (the “Corporation”) for use at the Annual Meeting of Stockholders of the Corporation (the “Meeting”) to be held on April 27, 2012, beginning at 9:00 a.m., local time, on the third floor of the Centro Europa

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the Corporation’s proxy statement: November 9, 2016 • Period for submitting stockholder proposals and nominations for directors to be considered at the 2017 annual meeting: October 28, 2016 – January 26, 2017 Popular, Inc. 2016 Proxy Statement 3

A proxy war is a conflict where the two main sides avoid direct conflict. They do this by supporting other forces to fight on their behalf. An example might be the current Syrian civil war, where Western-backed forces seem to be fighting against Russian-backed forces.