FIRST BANCORP /PR/

First BanCorp announced the appointment of Said Ortiz as Executive Vice President and Chief Financial Officer, effective July 1, 2026, with an annual base salary of $475,000 and eligibility for bonuses and benefits. The company also entered into a Professional Services Agreement with Orlando Berges, who retired on June 30, 2026. Mr. Berges will provide consulting services as an independent contractor from July 1, 2026, through December 31, 2026, at an hourly rate of $300.

First BanCorp stockholders approved the adoption of the 2026 Omnibus Incentive Plan at their Annual Meeting on May 6, 2026, making 5,000,000 shares available for issuance. Additionally, all nine director nominees were elected for a one-year term. Stockholders also approved the 2025 executive compensation in a non-binding advisory vote and ratified Crowe LLP as the independent auditor for the fiscal year ending December 31, 2026.

First BanCorp announced its unaudited results of operations for the quarter ended March 31, 2026, via a press release issued on April 22, 2026. The company also provided a presentation for its conference call to discuss these financial results. The conference call was scheduled for April 22, 2026, at 10:00 a.m. Eastern time, accessible via webcast or dial-in.