BANC OF CALIFORNIA, INC.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the “Safe-Harbor” provisions of the Private Securities

Litigation Reform Act of 1995. These statements include, but are not limited to, statements related to our expectations regarding the

performance of our business, profitability, liquidity and capital ratios; the anticipated benefits of our strategic repositioning including,

among others, a strengthened credit profile, possible net interest income and net interest margin expansion and an enhanced earnings

profile; and other non-historical statements. Words or phrases such as “believe,” “will,” “should,” “will likely result,” “are expected to,”

“will continue,” “is anticipated,” “estimate,” “project,” “plans,” “strategy,” or similar expressions are intended to identify these forward-

looking statements. You are cautioned not to place undue reliance on any forward-looking statements. These statements are necessarily

subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including those set

forth from time to time in the documents filed or furnished by the Company with the Securities and Exchange Commission ("SEC"). The

Company undertakes no obligation to revise or publicly release any revision or update to these forward-looking statements to reflect events

or circumstances that occur after the date on which such statements were made, except as required by law.

Factors that could cause actual results to differ materially from the results anticipated or projected include, but are not limited to: (i)

changes in general economic conditions, either nationally or in our market areas, including the impact of tariffs and retaliatory tariffs,

supply chain disruptions, and the risk of recession or an economic downturn; (ii) changes in the interest rate environment, including the

recent and potential future changes in the FRB benchmark rate, which could adversely affect our revenue and expenses, the value of assets

and obligations, the realization of deferred tax assets, the availability and cost of capital and liquidity, and the impacts of continuing or

renewed inflation; (iii) the credit risks of lending activities, which may be affected by deterioration in real estate markets and the financial

condition of borrowers, and the operational risk of lending activities, including the effectiveness of our underwriting practices and the risk

of fraud, any of which may lead to increased loan delinquencies, losses, and non-performing assets, and may result in our allowance for

credit losses not being adequate; (iv) fluctuations in the demand for loans, and fluctuations in commercial and residential real estate values

in our market area; (v) the quality and composition of our securities portfolio; (vi) our ability to develop and maintain a strong core deposit

base, including among our venture banking and private banking clients, or other low cost funding sources necessary to fund our activities

particularly in a rising or high interest rate environment; (vii) the rapid withdrawal of a significant amount of demand deposits over a short

period of time; (viii) our ability to achieve or maintain the anticipated benefits of our strategic repositioning due to one or more of the other

factors described herein or otherwise; (ix) our ability to successfully implement new business initiatives, such as our private banking

service, and to realize their anticipated benefits; (x) our ability to raise capital or incur debt on reasonable terms; (xi) the costs and effects

of litigation; (xii) risks related to the Company’s acquisitions, including disruption to current plans and operations; difficulties in customer

and employee retention; fees, expenses and charges related to these transactions being significantly higher than anticipated; and our

inability to achieve expected revenues, cost savings, synergies, and other benefits; (xiii) the competitive and other impacts on our business

of emerging technologies, including stablecoins and other digital currencies, tokenized deposits, blockchain, artificial intelligence,

quantum computing, and related innovations affecting both the Company and the banking industry; (xiv) results of examinations by

regulatory authorities of the Company and the possibility that any such regulatory authority may, among other things, limit our business

activities, restrict our ability to invest in certain assets, refrain from issuing an approval or non-objection to certain capital or other actions,

increase our allowance for credit losses, result in write-downs of asset values, restrict our ability or that of our bank subsidiary to pay

dividends, or impose fines, penalties or sanctions; (xv) legislative or regulatory changes that adversely affect our business, including

changes in tax laws and policies, accounting policies and practices, privacy laws, and regulatory capital or other rules; (xvi) the risk that

our enterprise risk management framework may not be effective in mitigating risk and reducing the potential for losses; (xvii) errors in

estimates of the fair values of certain of our assets and liabilities, as well as the value of collateral supporting our loans, which may result

in significant changes in valuation or recoveries; (xviii) cybersecurity threats and failures or security breaches with respect to the network,

applications, vendors and computer systems on which we depend; (xix) our ability to attract and retain key members of our senior

management team; (xx) the effects of climate change, severe weather events, natural disasters such as earthquakes and wildfires,

pandemics, epidemics and other public health crises, geopolitical conflicts and military activity (including the ongoing Iran war) or acts of

terrorism, and other external events on our business; (xxi) the impact of bank failures or other adverse developments at other banks on

general depositor and investor sentiment regarding the stability and liquidity of banks; (xxii) the possibility that our recorded goodwill

could become impaired, which may have an adverse impact on our earnings and capital; (xxiii) our existing indebtedness, together with

any future incurrence of additional indebtedness, could adversely affect our ability to raise additional capital and to meet our debt

obligations; (xxiv) changes in market conditions or strategic balance sheet actions, which may result in realized losses on investment

securities or other assets; (xxv) the effects of any damage to our reputation resulting from developments related to any of the items

identified above; and (xxvi) other economic, competitive, governmental, regulatory, and technological factors affecting our operations,

pricing, products and services and the other risks described in our Annual Report on Form 10-K for the fiscal year ended December 31,

2025 and from time to time in other documents that we file with or furnish to the SEC.