FBP shareholders approve 2026 Omnibus Incentive Plan; all nine directors elected

FIRST BANCORP /PR/

• Stockholders approved the 2026 Omnibus Incentive Plan with 5M new shares authorized plus forfeited prior-plan shares.
• All nine director nominees elected; Roberto R. Herencia received 36.1M against votes (26.7% of votes cast).
• Non-binding say-on-pay passed with ~97% of votes cast in favor.
• Ratification of Crowe LLP as independent auditor for FY 2026 approved with ~99% of votes cast.
• Plan caps non-employee director annual grant value plus cash fees at $1M and requires minimum one-year vesting.

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