Company: CVBF
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0000950170-25-051966
Chunk: 42

Company: CVB FINANCIAL CORP
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 42
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 the State of California adopted SB 826, which purported to require that all publicly held companies with principal executive offices in California have a specified number of female directors on their boards of directors. Both AB 979 and SB 826 were challenged in courts that subsequently ruled such statutes were unconstitutional.

Notwithstanding these judicial decisions invalidating the Nasdaq and State of California diversity rules, respectively, the Company has remained in full compliance with the specific requirements imposed by such rules, because the Company presently has three female directors among our total of eight directors, and two of these three female directors also identify as members of underrepresented communities (e.g., as Asian and as Hispanic, individually). In addition, as set forth below, the Company has elected to maintain the standardized matrix format originally specified by the Nasdaq rules for the purpose of disclosing our directors’ self-identified diversity characteristics.

#### page33
Board Diversity Matrix (as of the Record Date)

| Board Size:                                  |     |      |     |        |     |            |     |             |
| Total Number of Directors                    |     |    8 |     |        |     |            |     |             |
| Part I: Gender Identity                      |     | Male |     | Female |     | Non-Binary |     |      Gender 
 Undisclosed |
| Number of directors based on gender identity |     |    5 |     |      3 |     |          0 |     |           0 |
| Part II: Demographic Background              |     |      |     |        |     |            |     |             |
| African American or Black                    |     |    0 |     |      0 |     |          0 |     |           0 |
| Alaskan Native or American Indian            |     |    0 |     |      0 |     |          0 |     |           0 |
| Asian                                        |     |    0 |     |      1 |     |          0 |     |           0 |
| Hispanic or Latinx                           |     |    0 |     |      1 |     |          0 |     |           0 |
| Native Hawaiian or Pacific Islander          |     |    0 |     |      0 |     |          0 |     |           0 |
| White                                        |     |    5 |     |      1 |     |          0 |     |           0 |
| Two or More Races or