other
confidence high
sentiment neutral
materiality 0.15
First BanCorp shareholders elect all eight director nominees, approve say-on-pay
FIRST BANCORP /PR/
- All eight director nominees elected; support ranged from 72.2% (Roberto R. Herencia) to 99.6% (Félix M. Villamil).
- Non-binding say-on-pay passed with 128.5M votes for (89.6% of cast) against 15.0M, 0.3M abstain, 8.4M broker non-votes.
- Ratification of Crowe LLP as auditor for 2025 approved with 151.7M for, 12K against, 0.4M abstain.
- Broker non-votes of 8.4M shares (5.3% of outstanding) on director and say-on-pay proposals.
item 5.07