Company: BANC-PF
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001169770-25-000015
Chunk: 34

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 34
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 Plan.

We have a number of initiatives focused on supporting our communities, with our primary support delivered through our Community Reinvestment Act (CRA) Program. The Risk Committee reviews: examination reports from regulatory authorities concerning CRA compliance; our annual Community Development/CRA Plan; and CRA-related community relationships and special initiatives, as appropriate. Our Community Benefit Plan (the Plan) outlines the Bank’s commitment to achieving community development goals that benefit the communities we serve in our assessment areas. These goals and parameters are subject to safe and sound banking practices, and compliance with applicable laws and regulations. The Plan offers communities tangible, measurable and meaningful benefits to small businesses, consumers, nonprofit and for-profit community-based organizations, and others involved in advancing community and economic development initiatives.

#### 3-Year Community Benefits Plan (2024-2026)
Following the transformational merger between Banc of California and PacWest in 2023, the Company announced a $4.1 billion, three-year Plan, designed to create a significant and lasting impact in communities served by the bank. The Plan includes the following goals and targets:

• Small business lending of $1.45 billion, including increasing participation in state programs and promotion of products through a range of media outlets;

• Community development lending of $2.3 billion focused on supporting long-term affordable housing;

• $300 million in community development investments and $11 million in charitable donations to support low-income housing, homelessness prevention, small business investment companies, and community development financial institutions;

• The development of a strategy to support climate resiliency programs in low- and moderate- income communities which will include a minimum of $250,000 in donations and other opportunities;

• $500,000 to focus on strategic outreach, investment, support and engagement with tribal and indigenous communities; and

• In addition, the combined institution will increase its charitable donations and community service goals, as well as continue to discuss community needs with community organizations going forward.

| Our Community Support (2022-2024)* |     |              |     |                |     |               |
| $254 million                       |     | $3.5 billion |     | $781 million   |     | 17,758+ hours |
| Community                          
 Development                        
 Investments                        |     | Community    
 Development  
 Loans        |     | Small Business 
 CRA            
 Loans          |     | Employee      
 Volunteer     
 & Service     |

*The community impact numbers represent the combined total for legacy PacWest and Banc of California from 2022-2024.

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