Company: BANC-PF
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001169770-25-000015
Chunk: 66

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 66
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 ended December 31, 2024, 2023 and 2022 below.

(4) Compensation paid to or earned by Mr. Wolff, Mr. Kauder, Mr. Dotan, Mr. Hussain, and Mr. Sotoodeh for the year ended December 31, 2024 included the grant date fair values of the Stockholder Value Creation Award PSUs. These awards vest upon the Company stock achieving a volume-weighted average price of $28.73 for a consecutive twenty trading-day period within four years from the date of grant and continued service through the fourth anniversary of the date of grant.

(5) Bonus paid to Mr. Wolff represents a cash retention bonus subject to prorated clawback until April 30, 2027 if he voluntarily resigns or is terminated by the Company for cause. This amount was paid in cash as Mr. Wolff's holdings of Company stock significantly exceeded the Stock Ownership guidelines requirement.

(6) Compensation paid to or earned by Mr. Wolff and Mr. Dotan for 2022 included the grant date fair values of the Stockholder Value Creation Award PSUs. Such awards were cancelled at the effective time of the PacWest Merger. The proxy rules do not permit us to reverse a previously reported grant date fair value in the 2022 row of the Summary Compensation Table. See the Treatment of our Outstanding Equity Awards upon the PacWest Merger section in the 2024 proxy statement.

(7) Mr. Kauder joined the Company as Executive Vice President and Chief Financial Officer effective July 10, 2023, and thus was not an NEO in fiscal year 2022.

(8) Mr. Corsini became the Company's Executive Vice President and Chief Credit Officer effective April 30, 2024, and thus was not an NEO in fiscal years 2022 and 2023. Bonus paid to Mr. Corsini represents the portion of his cash retention bonus paid in 2024 pursuant to his retention agreement.

#### 58Banc of CaliforniaAnnual Proxy Statement2025
| Summary Compensation Table |

(9) Mr. Hussain and Mr. Sotoodeh were not NEOs in fiscal year 2022.

(10) Mr. Sotoodeh departed from the Company effective November 7, 2024. In connection with his departure, Mr. Sotoodeh was entitled to receive severance payments under the Company's Executive Change in Control Severance Plan (the CIC Severance Plan). Mr