Banc of California and Rise Economy (formerly the California Reinvestment Coalition) leaders worked collaboratively to develop the expansive plan in connection with Banc of California's transformational merger with Pacific Western Bank, a wholly-owned subsidiary of PacWest Bancorp (Nasdaq: PACW). The Plan is intended to make a meaningful and positive impact in communities served by the combined institution. The Plan includes the following goals and targets, among others, of the combined institution for the three years following the closing of the merger: In addition, the combined institution will increase its charitable donations and community service goals, as well as continue to discuss community needs with Rise Economy and other community organizations going forward. In formulating the Plan, Banc of California and Rise Economy members worked together to identify the initiatives of greatest impact to low-income and BIPOC communities.