Schedule Of Allocation Of Plan Assets

	Minimum allotment		Maximum allotment		2020		2019
Equity	0	%	70	%	38	%	36	%
Debt securities	0	%	100	%	60	%	62	%
Popular related securities	0	%	5	%	1	%	1	%
Cash and cash equivalents	0	%	100	%	1	%	1	%

		2020										2019
(In thousands)		Level 1		Level 2		Level 3		Measured at NAV		Total		Level 1		Level 2		Level 3		Measured at NAV		Total
Obligations of the U.S. Government, its agencies, states and political subdivisions	$	-	$	187,065	$	-	$	7,377	$	194,442	$	-	$	171,744	$	-	$	7,239	$	178,983
Corporate bonds and debentures		-		326,344		-		8,180		334,524		-		304,958		-		7,730		312,688
Equity securities - Common Stocks		101,081		-		-		-		101,081		116,254		-		-		-		116,254
Equity securities - ETF's		94,009		38,229		-		-		132,238		52,083		35,559		-		-		87,642
Foreign commingled trust funds		-		-		-		98,431		98,431		-		-		-		82,030		82,030
Mutual fund		-		4,526		-		-		4,526		-		4,490		-		-		4,490
Mortgage-backed securities		-		-		-		-		-		-		5,777		-		-		5,777
Private equity investments		-		-		70		-		70		-		-		74		-		74
Cash and cash equivalents		9,626		-		-		-		9,626		7,401		-		-		-		7,401
Accrued investment income		-		-		3,847		-		3,847		-		-		4,596		-		4,596
Total assets	$	204,716	$	556,164	$	3,917	$	113,988	$	878,785	$	175,738	$	522,528	$	4,670	$	96,999	$	799,935

Schedule Of Information Popular Inc Shares Of Common Stock Held By The Plans

(In thousands, except number of shares information)		2020		2019
Shares of Popular, Inc. common stock		162,936		156,444
Fair value of shares of Popular, Inc. common stock	$	9,177	$	9,191
Dividends paid on shares of Popular, Inc. common stock held by the plan	$	238	$	177

Schedule Of Aggregate Status Of The Plans And The Amounts Recognized In The Consolidated Financial Statements

			Pension Plans				OPEB Plan
(In thousands)			2020		2019		2020		2019
Change in benefit obligation:
Benefit obligation at beginning of year		$	852,551	$	754,558	$	168,681	$	153,415
Service cost			-		-		713		759
Interest cost			23,389		28,439		4,913		5,955
Actuarial loss^[1]			83,277		113,642		11,247		15,752
Benefits paid			(44,864)		(44,088)		(6,344)		(7,200)
Benefit obligation at end of year		$	914,353	$	852,551	$	179,210	$	168,681
Change in fair value of plan assets:
Fair value of plan assets at beginning of year		$	799,935	$	685,823	$	-	$	-
Actual return on plan assets			123,484		137,970		-		-
Employer contributions			230		20,230		6,344		7,200
Benefits paid			(44,864)		(44,088)		(6,344)		(7,200)
Fair value of plan assets at end of year		$	878,785	$	799,935	$	-	$	-
Funded status of the plan:
Benefit obligation at end of year		$	(914,353)	$	(852,551)	$	(179,210)	$	(168,681)
Fair value of plan assets at end of year			878,785		799,935		-		-
Funded status at year end		$	(35,568)	$	(52,616)	$	(179,210)	$	(168,681)
Amounts recognized in accumulated other comprehensive loss:
Net loss			265,899		288,882		32,152		21,472
Accumulated other comprehensive loss (AOCL)		$	265,899	$	288,882	$	32,152	$	21,472
Reconciliation of net (liabilities) assets:
Net liabilities at beginning of year		$	(52,616)	$	(68,735)	$	(168,681)	$	(153,415)
Amount recognized in AOCL at beginning of year, pre-tax			288,882		304,330		21,472		5,720
Amount prepaid at beginning of year			236,266		235,595		(147,209)		(147,695)
Net periodic benefit cost			(6,165)		(19,559)		(6,193)		(6,714)
Contributions			230		20,230		6,344		7,200
Amount prepaid at end of year			230,331		236,266		(147,058)		(147,209)
Amount recognized in AOCL			(265,899)		(288,882)		(32,152)		(21,472)
Net liabilities at end of year		$	(35,568)	$	(52,616)	$	(179,210)	$	(168,681)
[1]	For 2020, significant components of the Pension Plans actuarial loss that changed the benefit obligation were mainly related to a decrease in discount rates partially offset by a greater return on the fair value of plan assets. For OPEB Plans significant components of the actuarial loss that change the benefit obligation were mainly related to a decrease in discount rates partially offset by the per capita claim assumption at year-end which was lower than expected and the healthcare trend rate assumption which was updated at year-end. For 2019, significant components of the Pension Plans actuarial loss that changed the benefit obligation were mainly related to updates in discount and mortality rates. For OPEB Plans significant components of the actuarial loss that change the benefit obligation were mainly related to updates in discount and mortality rates partially offset by update in healthcare election rates and expected annual healthcare costs.

Schedule of Assumptions Used

	Pension Plans						OPEB Plan
Weighted average assumptions used to determine net periodic benefit cost for the years ended December 31:	2020		2019		2018		2020		2019		2018
Discount rate for benefit obligation	3.22 - 3.27	%	4.20 - 4.23	%	3.54 - 3.56	%	3.38	%	4.30	%	3.62	%
Discount rate for service cost	N/A		N/A		N/A		3.72	%	4.49	%	3.74	%
Discount rate for interest cost	2.81 - 2.83	%	3.87 - 3.90	%	3.16 - 3.20	%	2.98	%	3.99	%	3.32	%
Expected return on plan assets	5.00 - 5.80	%	5.30 - 6.00	%	5.50 - 6.00	%	N/A		N/A		N/A
Initial health care cost trend rate	N/A		N/A		N/A		5.00	%	5.00	%	5.50	%
Ultimate health care cost trend rate	N/A		N/A		N/A		5.00	%	5.00	%	5.00	%
Year that the ultimate trend rate is reached	N/A		N/A		N/A		2020		2019		2019
					Pension Plans				OPEB Plan
Weighted average assumptions used to determine benefit obligation at December 31:					2020		2019		2020		2019
Discount rate for benefit obligation					2.41-2.48	%	3.22-3.27	%	2.65	%	3.38	%
Initial health care cost trend rate					N/A		N/A		5.00	%	5.00	%
Ultimate health care cost trend rate					N/A		N/A		4.50	%	5.00	%
Year that the ultimate trend rate is reached					N/A		N/A		2023		2019

Schedule of employer contribution to benefit plan

(In thousands)	2021
Pension Plans	$	229
OPEB Plan	$	6,333

Schedule Of Breakdown Postretirement Health Care Benefit Plan Liabilities

		Pension Plans				OPEB Plan
(In thousands)		2020		2019		2020		2019
Current liabilities	$	229	$	227	$	6,328	$	6,456
Non-current liabilities		35,339		52,389		172,882		162,225