Corporations control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. Risks and uncertainties include without
limitation the effect of competitive and economic factors, and our reaction to those factors, the adequacy of the allowance for loan losses, delinquency trends, market risk and the impact of interest rate changes, capital markets conditions, capital
adequacy and liquidity, and the effect of legal and regulatory proceedings and new accounting standards on the Corporations financial condition and results of operations. All statements contained herein that are not clearly historical in
nature are forward-looking, and the words anticipate, believe, continues, expect, estimate, intend, project and similar expressions and future or conditional verbs
such as will, would, should, could, might, can, may or similar expressions, as well as variations or negatives of these words, are generally intended to identify
forward-looking statements. You can also identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. Such forward-looking statements are based on current expectations and involve inherent risks
and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes to differ materially from current expectations.
Forward-looking statements are not guarantees of future performance and our actual results could differ materially from the results discussed
in the forward-looking statements we make. Various factors, some of which are beyond Populars control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. In particular, you
should consider the risks described in the Risk Factors section and the Note Regarding Forward-Looking Statements and Certain Risks section of our most recent Annual Report on Form 10-K
and in subsequent Quarterly Reports on Form 10-Q, which are incorporated by reference in this prospectus, and the risk factors contained in any applicable prospectus supplement or free writing prospectus. See
Where You Can Find More Information.
As a result of these and other factors, we may not actually achieve the plans,
intentions or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. The forward-looking statements contained in this prospectus reflect our views as of the date hereof.
We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
POPULAR, INC.
Popular is a diversified, publicly-owned financial holding company, registered under the Bank Holding Company Act of 1956, as amended (the
BHC Act), and subject to supervision and regulation by the Board of Governors of the Federal Reserve System (the Federal Reserve). Headquartered in San Juan, Puerto Rico, Popular offers financial services in Puerto Rico, the
mainland United States and the U.S. and British Virgin Islands. Popular was incorporated in 1984 under the laws of the Commonwealth of Puerto Rico and is the largest financial institution based in Puerto Rico, with consolidated assets of
$66.9 billion, total deposits of $58.7 billion and stockholders equity of $5.9 billion at March 31, 2021. Popular also owns, as of March 31, 2021 approximately a 16.15% interest in EVERTEC, Inc., which provides
transaction processing services in the Caribbean and Latin America, including servicing many of Populars system infrastructures and transaction processing businesses, and a 15.84% interest in Centro Financiero BHD León, S.A, a
diversified financial services institution operating in the Dominican Republic. At December 31, 2020, we ranked among the top 50 U.S bank holding companies by assets. Our executive offices are located at 209 Muñoz Rivera Avenue, Hato
Rey, Puerto Rico 00918, and our telephone number is (787) 765-9800.
POPULAR NORTH AMERICA, INC.
Popular North America, Inc. (PNA or Popular North America) functions as the holding company for our operations in the
mainland United States. PNA, a wholly-owned subsidiary of Popular, was organized in 1991 under the laws of the State of Delaware and is a registered bank holding company under the BHC Act. As
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