Michael Masin to Retire from Popular, Inc. Board of Directors

Popular, Inc.

announced today that Michael T. Masin informed the Board of Directors on December 22, 2011 of his decision to retire as a director of the Corporation, effective December 31, 2011. Mr. Masin's decision was based on his desire to devote greater time to other professional responsibilities and was not related to a disagreement with the Corporation over its operations, policies or practices.