Item 5.07 Submission of Matters to a Vote of Security Holders

At the Annual Meeting of Stockholders of First BanCorp (the "Corporation") held on May 21, 2021, stockholders of the Corporation voted on the following proposals, which are described in more detail in the Corporation's Definitive Proxy Statement on Schedule 14A for the 2021 Annual Meeting of Stockholders filed by the Corporation with the Securities and Exchange Commission on April 7, 2021. The voting results are as follows:

Proposal 1 - Election of Directors

Director Nominees: Votes For Votes Against Votes Abstained Juan Acosta Reboyras 170,948,185 5,922,418 19,065 Aurelio Alemán 175,724,586 1,153,218 11,864 Luz A. Crespo 173,581,749 3,288,829 19,090 Tracey Dedrick 175,639,979 1,223,264 26,425 Patricia M. Eaves 175,694,042 1,163,696 31,930 Daniel E. Frye 175,627,142 1,227,617 34,909 John A. Heffern 174,562,322 2,298,329 29,017 Roberto R. Herencia 149,209,140 27,661,470 19,058 Félix M. Villamil 175,714,909 1,155,500 19,259

Broker Non- Vote 17,038,115 shares for each director.

Proposal 2 - Non-binding Approval of 2020 Executive Compensation of the Corporation's named executive officers



 Votes For    Votes Against   Votes Abstained   Broker Non-Votes
143,583,575    32,599,076         707,017          17,038,115

Proposal 3 - Ratify the Appointment of Crowe LLP as the Corporation's Independent Registered Public Accounting Firm for 2021 Fiscal Year



 Votes For    Votes Against   Votes Abstained
193,387,198      161,292          379,293



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