Company: CVBF
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0000950170-25-051966
Chunk: 81

Company: CVB FINANCIAL CORP
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 81
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15%  |
| Noninterest Income(3)                                     |     | 10%                                                    |     | 10%       |     | 0%         |     | 10%    |     | 10%  |
| Noninterest (Operating) Expenses(4)                       |     | 20%                                                    |     | 20%       |     | 10%        |     | 20%    |     | 15%  |
| Delinquencies (Quarterly Average)                         |     | 0%                                                     |     | 0%        |     | 10%        |     | 0%     |     | 0%   |
| Nonperforming Loans + REO/Total Loans (Quarterly Average) |     | 0%                                                     |     | 0%        |     | 10%        |     | 0%     |     | 0%   |
| Legal Expenses and Recoveries(5)                          |     | 0%                                                     |     | 0%        |     | 0%         |     | 0%     |     | 10%  |
| Total incentive award opportunity under Plan              |     | 100%                                                   |     | 100%      |     | 100%       |     | 100%   |     | 100% |

Noninterest-bearing.

Net of deferred loan fees. Calculation does not include any deduction for loan loss allowance.

Excludes gains or losses on other real estate owned, and gains or losses on sales of branches and investment securities.

Excludes acquisition expenses.

Aggregate annual outside counsel expenses, net of any recoveries related to judgments, settlements and reimbursements, and not including any outside counsel expenses related to mergers and acquisitions.

For each performance measure, we established three business performance achievement levels (Threshold-Level 1, Target-Level 2 and Maximum-Level 3) to determine the performance incentive amounts for which the applicable NEO would be eligible. The business performance achievement levels for Mr. Brager, as a percentage of his base salary, were set at Level 1 — 75%, Level 2 — 100% and Level 3 — 150%. The business performance achievement levels for each of our other NEOs, as a percentage of their respective base salaries, were set at Level 1 — 20%, Level 2 — 40% and Level 3 — 60%. Based on the percentage weighting assigned to each applicable performance measure, a