Company: BANC-PF
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001169770-25-000015
Chunk: 75

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 75
---
 week of weekly base pay per full year of service, subject to a minimum of 16 weeks for Executive Vice President roles, and continuation of certain health benefits through the month of Employment Loss.

Under the terms of respective equity award agreements with our NEOs, the executives are entitled to accelerated vesting of equity awards after termination of employment following a change in control, with PSUs vesting based on the greater of target performance or actual performance (if measurable), and subject to a pro-rata calculation, as applicable.

The following chart summarizes the payments and other benefits that the NEOs could have received in connection with certain employment termination scenarios based on the applicable employment agreements, CIC Severance Plan and/or award agreements. For purposes of the employment agreements, the CIC Severance Plan and the equity award agreements, a change in control was deemed to have occurred upon the completion of the PacWest Merger.

#### 66Banc of CaliforniaAnnual Proxy Statement2025
| Summary of Benefits |

| Summary of Benefits and Payments Upon Involuntary Termination of Employment 
 without Cause or Voluntary Termination of Employment for Good Reason(1)     |     |                    |     |          |     |                               |     |     |     |                 |     |                  |
|                                                                             |     | Severance Payments |     |          |     | Acceleration of Equity Awards |     |     |     |                 |     |                  |
| Name and                                                                    
 Triggering Event                                                            |     | Base Salary        
 Multiple           |     | Bonus    
 Multiple |     |                           RSA 
                        or RSU |     | PSU |     | Health Benefits |     | Non-Solicitation 
 Restrictions     |
| Jared Wolff(1)                                                              |     |                    |     |          |     |                               |     |     |     |                 |     |                  |
| Termination                                                                 |     | X 2                |     | X 2      |     |                               |     | —   |     | 36 months       |     | 24 months        |
| Termination - Change in Control                                             |     | X 3                |     | X 3      |     |                               |     |     |     | 36 months       |     | 24 months        |
| Death or Disability                                                         |     |                    |     | X 1      |     |                               |     |     |     |                 |     |                  |
| Joseph Kauder(2)                                                            |     |                    |     |          |