Company: BANC-PF
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001169770-25-000015
Chunk: 46

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 46
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TI Award                                   
 •Three-year performance period                                       
 •Target values consider data from our peer group and other variables 
 •Earned shares vest at the end of the performance period             
 •Earned shares can range from 0% to 200% of Target                   |     | •Assessed against pre-established performance measures                                      
 •Rewards for return-based measures and total stockholder return                             
 •Value directly linked to our stock price                                                   
 •Based on Absolute and Relative performance                                                 
 •Continued employment                                                                       |
| Restricted Stock                  |     | To create alignment with our stockholders' interests, balance risk-taking, encourage ownership, and retain key executives |     | •Three equal installments over three years                           
 •Target values consider data from our peer group and other variables |     | •Value directly linked to our stock price                                                   
 •Continued employment                                                                       |

The foregoing components fit into our overall compensation objectives by allocating between long-term and short-term compensation to ensure adequate base compensation to attract and retain personnel, while providing incentives with an appropriate level of risk to maximize long-term value for our Company and our stockholders. We believe our overall compensation package, including benefits and equity-related awards, is competitive within the marketplace and consistent with the philosophy and objectives of our compensation program.

#### Elements of our Compensation Decision Making
The CNG Committee considers information from a variety of sources when reviewing and designing the Company’s compensation program and pay levels. These sources include, but are not limited to, publicly available compensation data regarding executive officers within the industry, the Company’s understanding of compensation arrangements at other financial institutions, Board and management perspectives, feedback from key stakeholders (including common stockholders, holders of our other securities and regulators), and advice from the CNG Committee’s consultants.

Stockholder Engagement and Input from Stockholders. At our 2024 annual meeting of stockholders, 96% of voting stockholders approved our overall executive compensation program. It is the Board's and the CNG Committee's belief, that based on the results of the advisory vote at that meeting and our ongoing dialogue with stockholders, our stockholders generally support our program.

In addition to the above, in late 2024 and early 2025 we continued our engagement with stockholders. The CNG Committee values these discussions as we seek to continuously enhance our compensation practices to ensure our program motivates and retains our leadership team. We reached out to all of our 1% or greater stockholders, which accounted for approximately 67% of

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