Company: CVBF
Filing Date: 2025-04-08
Form Type: DEF 14A
Source: 0000950170-25-051966
Chunk: 97

Company: CVB FINANCIAL CORP
Filing Date: 2025-04-08
Form: DEF 14A
Chunk 97
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 percentile up to the 75th percentile (with no additional shares to be awarded for performance above the 75th percentile) and (y) performance below the 50th percentile down to the 25th percentile (with no shares to be awarded for performance below the 25th percentile) as follows:

|                                           |     |           |     |                           |     | Performance and Payout |     |            |     |            |     |            |
| Performance Measure                       |     | Weighting |     | Measured Against          |     | Below                  
 Threshold              |     | Threshold  |     | Target     |     | Maximum    |
| Relative Return on                        |     |           |     | KBW Nasdaq Regional       |     | <25th                  |     | 25th       |     | 50th       |     | 75th       |
| Average Assets (“ROAA”)                   |     | 50%       |     | Banking Index Peers (KRX) |     | Percentile             |     | Percentile |     | Percentile |     | Percentile |
| Relative Return on                        |     |           |     | KBW Nasdaq Regional       |     | <25th                  |     | 25th       |     | 50th       |     | 75th       |
| Average Tangible Common Equity (“ROATCE”) |     | 50%       |     | Banking Index Peers (KRX) |     | Percentile             |     | Percentile |     | Percentile |     | Percentile |
| Payout as of % of Target                  |     |           |     |                           |     | 0%                     |     | 75%        |     | 100%       |     | 125%       |

By way of example, using Mr. Brager’s PRSU grant for 2024 of 32,600 shares, if performance by the Company under each of the Relative ROAA and Relative ROATCE measures was achieved at the 45th percentile for the Performance Period, the percentage of the target number of shares vesting under those performance criteria for that Performance Period would be 95% (100% - 5%) on each measure, and the final number of such shares vesting for Mr. Brager would be 30,970 (95% x 32,600 share target), which is the mathematical calculation rounded up or down to the nearest whole share.

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Equity