Popular Sells 5.8M Shares of EVERTEC in Secondary Public Offering

On December 13, 2013, Popular, Inc. (“Popular”)

completed the sale of 5,800,000 shares of common stock of EVERTEC

. The shares were sold to the public as part of an underwritten public offering of 15,233,273 shares of EVERTEC's common stock at $20.60 per share. The selling stockholders included an affiliate of Apollo Global Management, LLC (“Apollo”), Popular, Inc. (“Popular”), and certain officers and employees of EVERTEC. Apollo sold 9,205,743 million shares of EVERTEC. Following the sale, Popular retained a stake of 14.9% in EVERTEC. As part of the transaction, EVERTEC repurchased from the underwriters 3,690,036 shares of its common stock being sold by the selling stockholders in the