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Banc of California, 7.00% Non-Cumulative Perpetual Preferred Stock Series E

May only be redeemed on a dividend payment date

Redeemed 03/15/2022

Ticker: BANC-E

Parent Ticker: BANC

OTC Grey Market Temporary Ticker: NA

Issuance Date: 02/01/2016

1st Call Date: 03/15/2021

Maturity Date: None

Shares Issued: 5,000,000

Overallotment Shares: 750,000

Coupon: 7.00%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.437

Payment Months: MAR, JUN, SEP, DEC

Payment Day: 15

S&P Rating: NR

III Rating (In Regards to Dividend Safety Only): C

Moody Rating: NR

Fitch Rating: NR