Company: BANC-PF
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001169770-25-000015
Chunk: 3

Company: BANC OF CALIFORNIA, INC.
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 3
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Important Notice Regarding the Availability of Proxy Materials for the Stockholder Meeting to be Held on May 7, 2025:

The Company's proxy statement and the Annual Report are publicly available under the "Financials and Filings" section on the Company’s Investor Relations website at https://investors.bancofcal.com .

March 27, 2025

By Order of the Board of Directors,

| /s/ Ido Dotan                                                          |
| Ido Dotan                                                              |
| General Counsel, Chief Administrative Officer, and Corporate Secretary |
| Los Angeles, California                                                |

#### Banc of CaliforniaAnnual Proxy Statement2025

#### Table of Contents

#### Proxy Statement

#### Annual Meeting of Stockholders
May 7, 2025

1 Proxy Statement Summary 1 Our Annual Meeting Logistics 1 Our Annual Meeting Agenda 2 Information About the Merger of Banc of California and PacWest Bancorp

3 Stock Ownership 3 Stock Ownership of Greater than Five Percent Stockholders 4 Stock Ownership of Directors and Executive Officers

6 Proposal I 6 Election of Directors | Board Overview 6 Current Board of Directors 7 Summary of Director Nominees' Qualifications and Experience 8 Board Composition 9 Director Nominations and Proposals by Stockholders 9 Nominees for Director at the Annual Meeting 10 Director Nominees

17 Corporate Governance Matters 17 Director Independence 17 Board Leadership Structure 17 Risk Oversight 18 Information Security and Data Privacy 18 Board Membership and Meetings 18 Committee Structure of the Board of Directors 19 Role and Composition of the Audit Committee 20 Role and Composition of the Compensation, Nominating and Corporate Governance Committee 22 Role and Composition of the Finance Committee 23 Role and Composition of the Enterprise Risk Committee 24 CNG Committee Delegation of Authorities 24 Compensation Committee Interlocks and Insider Participation 24 Communications with the Board

25 Director Compensation 25 Overview 25 Current Non-Employee Director Compensation Program 26 Employee Directors 26 2024 Summary Table of Director Compensation

28 Corporate Sustainability 28 Responsible Business Practices 30 Sound Corporate Governance 32 Investment in Our Human Capital 33 Supporting our Communities

35 Executive Officers 35 Designation of Executive Officers 36 Executive Officer Biographies

40 Compensation Discussion and Analysis 40 Overview 40 Executive Summary | 2024: Successful Integration and Repositioning for Growth 41 Key Accomplishments in 2024 43 Strong Alignment with Stockholders - What We Do and What We Don't Do 44 Compensation Program and Philosophy