Webster Financial (WBS) EGM 2026 summary

Opening remarks and agenda

• Meeting convened to consider and vote on proposals related to the acquisition by Santander.

• Agenda and rules of conduct were made available on the virtual meeting portal.

• Notice of meeting and proxy materials were properly distributed to all stockholders of record.

Specific resolutions to be voted on

• Approval and adoption of the transaction agreement for acquisition by Banco Santander.

• Advisory approval of compensation payments to named executive officers in connection with the transaction.

• Approval of adjournment or postponement of the meeting if more proxies are needed.

Corporate governance

• Inspector of Election confirmed a quorum was present, and the meeting was lawfully convened.

• Voting procedures and requirements for each proposal were outlined.