BANC OF CALIFORNIA, INC. — fact timeline

BANC OF CALIFORNIA, INC. shareholders approved Approval of the Company's Second Amended and Restated 2018 Omnibus Stock Incentive Plan at the 2026-05-06 meeting.

“Proposal IV . Approval of the Company's Second Amended and Restated 2018 Omnibus Stock Incentive Plan: The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved with the following vote: For Against Abstentions Broker Non-Vote 115,167,771 2,216,600 227,011 N/A”

BANC OF CALIFORNIA, INC. shareholders approved Approval, on an advisory and non-binding basis, of the compensation paid to the Company’s named executive officers, as disclosed in the Proxy Statement (Say-on-Pay) at the 2026-05-06 meeting.

“Proposal III . Approval, on an advisory and non-binding basis, of the compensation paid to the Company’s named executive officers, as disclosed in the Proxy Statement (Say-on-Pay): The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved with the following vote: For Against Abstentions Broker Non-Vote 94,559,017 22,541,537 510,828 N/A”

BANC OF CALIFORNIA, INC. shareholders approved Ratification of the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-06 meeting.

“Proposal II . Ratification of the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026: The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved with the following vote: For Against Abstentions Broker Non-Votes 129,027,721 263,457 54,203 N/A”

BANC OF CALIFORNIA, INC. shareholders approved Election of the ten director nominees at the 2026-05-06 meeting.

“Proposal I . Election of the ten director nominees: The Company’s directors were each elected by a majority of the votes cast. Accordingly, the following ten director nominees were elected, each for a term of one year expiring at the Company’s 2027 Annual Meeting of Stockholders: Nominee For Against Abstentions Non-Votes James A. “Conan” Barker 116,750,933 799,009 61,440 N/A Paul R. Burke 116,405,677 1,123,230 82,475 N/A Mary A. Curran 116,451,893 1,083,943 75,546 N/A John M. Eggemeyer 116,220,115 1,225,967 165,300 N/A Shannon F. Eusey 116,322,604 1,198,215 90,563 N/A Susan E. Lester 116,704,750 813,333 93,299 N/A Joseph J. Rice 116,762,079 787,759 61,544 N/A Vania E. Schlogel 116,321,555 1,198,686 91,141 N/A Andrew Thau 115,517,996 2,044,971 48,415 N/A Jared M. Wolff 116,196,466 1,375,265 39,651 N/A”

BANC OF CALIFORNIA, INC. reported first quarter ended March 31, 2026 results: revenue $286.9 million, EPS $0.39 per diluted common share.

“growth, supported by strong pipelines, embedded asset repricing opportunities, and our attractive market position.” First Quarter 2026 Financial Highlights: • Total revenue of $286.9 million, up 8% year over year, with pre-tax pre-provision income (1) of $105.6 million, up 28% year over year . • Net interest margin expanded 4 basis points to 3.24% compared to fourth”

Jeffrey Krumpoch departed as Interim Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“Jeffrey Krumpoch, who ceased to serve as Interim Chief Accounting Officer, pending his retirement.”

Karen Hon was appointed as Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“the appointment of Karen Hon, age 48, as Chief Accounting Officer of the Company and the Bank, effective as of the same date.”

John Sotoodeh departed as Executive Vice President and Chief Operating Officer at BANC OF CALIFORNIA, INC..

“John Sotoodeh, Executive Vice President and Chief Operating Officer of Banc of California, Inc. (the “Company”) and its wholly owned subsidiary Banc of California, will depart from the Company effective November 7, 2024 to pursue other opportunities and relocate to Texas to spend more time with his family.”

Jeffrey Krumpoch was appointed as Interim Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“the Company and the Bank appointed Jeffrey Krumpoch, age 68, to serve as Interim Chief Accounting Officer, effective upon Ms. Sparks’s departure.”

Monica Sparks resigned as Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“On August 23, 2024 , Monica Sparks notified Banc of California, Inc. (the “Company”) and Banc of California (the “Bank”), a wholly owned subsidiary of the Company, of her decision to resign as Executive Vice President, Chief Accounting Officer of the Company and the Bank.”

BANC OF CALIFORNIA, INC. shareholders approved Approval, on an advisory and non-binding basis, of the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement for the Annual Meeting (Say-on-Pay) at the 2024-05-09 meeting.

“Proposal II Approval, on an advisory and non-binding basis, of the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement for the Annual Meeting (Say-on-Pay): The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved with the following vote: For Against Abstain Broker Non-Vote 112,451,310 4,436,360 261,146 N/A”

BANC OF CALIFORNIA, INC. shareholders approved Election of the twelve director nominees at the 2024-05-09 meeting.

“Proposal I Election of the twelve director nominees: The Company’s directors are elected by a majority of the votes cast. Accordingly, the following twelve director nominees were elected, each for a term of one year: Nominee For Against Abstain Broker Non-Vote James A. "Conan" Barker 115,025,875 1,971,518 151,423 N/A”

BANC OF CALIFORNIA, INC. reported first quarter ended March 31, 2024 results: net income $28.2 million, or $0.17 per diluted common share, EPS $0.17 per diluted common share.

“The Company recorded net earnings available to common and equivalent stockholders of $28.2 million, or $0.17 per diluted common share, for the first quarter of 2024.”

BANC OF CALIFORNIA, INC. reported fourth quarter and year ended December 31, 2023 results: net income -492.9 million.

“The Company recorded a net loss of $492.9 million , or a loss o”

BANC OF CALIFORNIA, INC.: Amended Section F of Article 6 of the Banc of California Charter to exempt Warburg Investors and affiliates from certain provisions (effective 2023-11-30).

“The Articles of Amendment amended Section F of Article 6 of the Banc of California Charter in a manner to exempt the Warburg Investors and their affiliates (but not any other stockholder of Banc of California) from the application of Section F of Article 6 (other than paragraph 4 thereof, which deals mainly with the quorum requirement for meetings of Banc of California stockholders) of the Banc of California Charter. The Articles of Amendment became effective on November 30, 2023.”

BANC OF CALIFORNIA, INC. completed a disposition involving PacWest Bancorp (merged into Banc of California) (closed 2023-12-01).

“Effective as of December 1, 2023, Banc of California, National Association, a national banking association and a wholly-owned subsidiary of Banc of California (the “ Bank ”), merged with and into PacWest Bank (the “ Bank Merger ”)”

BANC OF CALIFORNIA, INC. completed an acquisition involving PacWest Bancorp for 0.6569 of a share of Banc of California Common Stock per share of PacWest Common Stock (closed 2023-11-30).

“of PacWest (“ PacWest Common Stock ”) issued and outstanding immediately prior to the Effective Time, subject to certain exceptions, was converted into the right to receive 0.6569 of a share (the “ Exchange Ratio ”) of common stock, par value $0.01 per share, of Banc of California (“ Banc of California Common Stock ” and such consideration, the “ Merger”

BANC OF CALIFORNIA, INC. incurred debt of $539,040,000 of subordinated notes at weighted average interest rate of 7.98%.

“On the Closing Date, in connection with the Closing, Banc of California assumed PacWest’s obligations with respect to an aggregate principal amount of $539,040,000 of subordinated notes, which were issued or previously assumed through mergers by PacWest as issuer or guarantor”

BANC OF CALIFORNIA, INC. engaged KPMG LLP as its auditor.

“PacWest’s independent registered public accounting firm, KPMG LLP, is expected to be appointed on December 4, 2023 to audit the financial statements of Banc of California for the year ended December 31, 2023, as authorized by the Banc of California Board.”

Ernst & Young LLP resigned as auditor of BANC OF CALIFORNIA, INC..

“The independent registered public accounting firm previously engaged by Banc of California, Ernst & Young LLP (" E&Y "), has resigned because it is no longer independent as a result of the merger with PacWest from having performed certain non-audit services for PacWest during the year ended December 31, 2023.”

Raymond Rindone changed role as Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“As of December 1, 2023, Raymond Rindone, Executive Vice President, Chief Accounting Officer and Deputy Chief Financial Officer, will step down from his role as Chief Accountin”

Monica Sparks was appointed as Executive Vice President and Chief Accounting Officer at BANC OF CALIFORNIA, INC..

“Monica Sparks, age 44, was appointed as Executive Vice President and Chief Accounting Officer on and effective as of December 1, 2023.”

Robert D. Sznewajs retired as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) retired from the Banc of California Board effective as of the Effective Time.”

Jonah F. Schnel retired as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) retired from the Banc of California Board effective as of the Effective Time.”

Denis P. Kalscheur retired as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) retired from the Banc of California Board effective as of the Effective Time.”

Bonnie G. Hill retired as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) retired from the Banc of California Board effective as of the Effective Time.”

Todd Schell was appointed as Director at BANC OF CALIFORNIA, INC..

“Todd Schell, designated by the Warburg Investors, was appointed to serve as a director of Banc of California, pursuant to the Warburg Investment Agreement”

Susan E. Lester was appointed as Director at BANC OF CALIFORNIA, INC..

“the following three (3) former directors of PacWest were appointed to serve as directors on the Banc of California Board, effective as of the Effective Time: John M. Eggemeyer, III, Paul R. Burke and Susan E. Lester”

Paul R. Burke was appointed as Director at BANC OF CALIFORNIA, INC..

“the following three (3) former directors of PacWest were appointed to serve as directors on the Banc of California Board, effective as of the Effective Time: John M. Eggemeyer, III, Paul R. Burke and Susan E. Lester”

John M. Eggemeyer, III was appointed as Chairman at BANC OF CALIFORNIA, INC..

“John M. Eggemeyer, III was appointed as the Chairman of the Banc of California Board.”

John M. Eggemeyer, III was appointed as Director at BANC OF CALIFORNIA, INC..

“the following three (3) former directors of PacWest were appointed to serve as directors on the Banc of California Board, effective as of the Effective Time: John M. Eggemeyer, III, Paul R. Burke and Susan E. Lester”

BANC OF CALIFORNIA, INC. shareholders approved Approval of amendment to Section F of Article 6 of the Banc of California Charter to exempt Warburg Investors and affiliates from certain provisions.

“Item 3 - Banc of California Exemption Amendment Proposal . A proposal to approve the amendment of Section F of Article 6 of the Second Articles of Restatement of Banc of California”

BANC OF CALIFORNIA, INC. shareholders approved Approval of amendment and restatement of Banc of California, Inc. 2018 Omnibus Stock Incentive Plan.

“Item 2 - Banc of California Incentive Plan Proposal . A proposal to approve the amendment and restatement of Banc of California’s existing 2018 Omnibus Stock Incentive Plan, to be renamed the Amended and Restated Banc of California, Inc. 2018 Omnibus Stock Incentive Plan”

BANC OF CALIFORNIA, INC. shareholders approved Approval of issuance of Banc of California common stock to PacWest stockholders and to investors pursuant to investment agreements.

“Item 1 - Banc of California Issuance Proposal . A proposal to approve (i) the issuance of Banc of California common stock to holders of PacWest common stock pursuant to the Merger Agreement, and (ii) the issuance of Banc of California common stock, a new class of non-voting, common-equivalent stock of Banc of California and certain warrants to affiliates of funds managed by Warburg Pincus LLC”

Robert D. Sznewajs departed as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.”

Jonah F. Schnel departed as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.”

Denis P. Kalscheur departed as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.”

Bonnie G. Hill departed as Director at BANC OF CALIFORNIA, INC..

“Bonnie G. Hill, Denis P. Kalscheur, Jonah F. Schnel and Robert D. Sznewajs (the “ Retiring Directors ”) each informed Banc of California that he or she intends to retire as a director of Banc of California, in each case, effective as of and contingent upon the Closing.”

Jared M. Wolff changed role as President and Chief Executive Officer at BANC OF CALIFORNIA, INC..

“Jared M. Wolff, the current Chairman, President and Chief Executive Officer of Banc of California, will cease serving as Chairman of the Board.”

John M. Eggemeyer, III was appointed as Chairman of the Board at BANC OF CALIFORNIA, INC..

“John M. Eggemeyer, III has been appointed as the Chairman of the Board, effective as of and contingent upon the Closing.”

BANC OF CALIFORNIA, INC. reported the third quarter of 2023 results: net income $42.6 million, EPS $0.74 per diluted common share.

“Banc of California Reports Net Income of $42.6 million”

BANC OF CALIFORNIA, INC. entered into Agreement and Plan of Merger with PacWest Bancorp (effective 2023-07-25).

“On July 25, 2023, Banc of California, Inc., a Maryland corporation (“ Banc of California ”), PacWest Bancorp, a Delaware corporation (“ PacWest ”), and Cal Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Banc of California (“ Merger Sub ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”).”

BANC OF CALIFORNIA, INC. reported the second quarter of 2023 results: net income $17.9 million, or $0.31 per diluted common share.

“Banc of California, Inc. (NYSE: BANC) today reported net income of $17.9 million, or $0.31 per diluted common share, for the second quarter of 2023.”

Joseph Kauder was appointed as Executive Vice President and Chief Financial Officer at BANC OF CALIFORNIA, INC..

“the appointment of Joseph Kauder, age 55, as Executive Vice President and Chief Financial Officer, effective July 10, 2023.”

BANC OF CALIFORNIA, INC.: Adopted Sixth Amended and Restated Bylaws to address universal proxy rules, revise special meeting and director nomination procedures, permit remote meetings and electronic signatures, and make technical edits (effective 2023-05-11).

“On May 11, 2023, the Board of Directors of Banc of California, Inc. (the “Company”) adopted the Company’s Sixth Amended and Restated Bylaws (the “Bylaws”), effective May 11, 2023, in light of the universal proxy rules recently adopted by the Securities and Exchange Commission (the “SEC”).”

BANC OF CALIFORNIA, INC. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-05-11 meeting.

“Proposal III Approval, on an advisory and non-binding basis, of the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement for the Annual Meeting (Say-on-Pay): The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved with the following vote: For Against Abstain Broker Non-Vote 41,051,688 10,445,034 119,954 3,294,470”

BANC OF CALIFORNIA, INC. shareholders approved Ratification of the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023 at the 2023-05-11 meeting.

“Proposal II Ratification of the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023: The vote required to approve this proposal was the affirmative vote of a majority of the votes cast on the proposal. Accordingly, this proposal was approved with the following vote: For Against Abstain Broker Non-Vote 54,434,508 272,984 203,654 0”

BANC OF CALIFORNIA, INC. shareholders approved Election of the twelve director nominees at the 2023-05-11 meeting.

“Proposal I Election of the twelve director nominees: The Company’s directors were elected by a majority of the votes cast. Accordingly, the following twelve director nominees were elected, each for a term of one year: Nominee For Against Abstain Broker Non-Vote James A. "Conan" Barker 50,925,363 689,708 1,605 3,294,470 Mary A. Curran 45,975,390 5,640,164 1,122 3,294,470 Shannon F. Eusey 45,657,735 5,957,519 1,422 3,294,470 Bonnie G. Hill 45,566,782 6,048,623 1,271 3,294,470 Denis P. Kalscheur 50,515,759 1,099,596 1,321 3,294,470 Richard J. Lashley 50,572,010 1,042,017 2,649 3,294,470 Joseph J. Rice 50,738,898 852,955 24,823 3,294,470 Vania E. Schlogel 50,500,425 1,114,981 1,270 3,294,470 Jonah F. Schnel 45,617,514 5,997,739 1,423 3,294,470 Robert D. Sznewajs 45,562,222 6,052,994 1,460 3,294,470 Andrew Thau 45,660,324 5,954,850 1,502 3,294,470 Jared M. Wolff 50,568,108 1,047,393 1,175 3,294,470”

BANC OF CALIFORNIA, INC. reported first quarter of 2023 results: net income $20.3 million, EPS $0.34 per diluted common share.

“Banc of California, Inc. (NYSE: BANC) today reported net income of $20.3 million, or $0.34 per diluted common share, for the first quarter of 2023.”

Raymond Rindone was appointed as Interim Chief Financial Officer at BANC OF CALIFORNIA, INC..

“Raymond Rindone, age 52, currently the Company’s Deputy Chief Financial Officer and Chief Accounting Officer, has been appointed Interim Chief Financial Officer, effective March 31, 2023.”