First BanCorp (FBP) Proxy filing summary

Executive summary

• Annual meeting scheduled for May 6, 2026, with virtual participation available for shareholders.

• Shareholders are encouraged to review proxy materials and vote by May 5, 2026.

Voting matters and shareholder proposals

• Election of nine directors is up for shareholder vote.

• Proposal to adopt the 2026 Omnibus Incentive Plan.

• Advisory vote on 2025 executive compensation (say-on-pay).

• Ratification of Crowe LLP as independent auditor for fiscal year 2026.

• Proxies may vote on other business arising at the meeting.

Board of directors and corporate governance

• Director nominees include Juan Acosta Reboyras, Aurelio Alemán, Luz A. Crespo, Tracey Dedrick, Patricia M. Eaves, Daniel E. Frye, John A. Heffern, Roberto R. Herencia, and Félix M. Villamil.