Management Change/Compensation Form 8 K

On November 20, 2024, the respective Boards of Directors of CVB Financial Corp. ("CVBF") and its wholly-owned subsidiary, Citizens Business Bank (the "Bank," and collectively with CVBF, the "Company"), appointed Ms. Sheryl P. Laygo as CVBF's and the Bank's Senior Vice President and Chief Accounting Officer, effective as of the same date. Ms. Laygo, age 44, has been serving as the Company's Senior Vice President and Controller since October 2021. Prior to joining Citizens Business Bank, she served as Senior Vice President, Corporate Controller, of Pacific Premier Bank between August, 2017 and September, 2021. Ms. Laygo's professional career includes over 20 years of various leadership roles in corporate accounting and internal audit, within the financial services industry, and she has been a licensed Certified Public Accountant since 2009. Ms. Laygo holds a Bachelor's Degree in Accountancy from De La Salle University in the Philippines.

As the Company's Senior Vice President and Chief Accounting Officer, Ms. Laygo will serve as the principal accounting officer of the Company, succeeding Francene LaPoint, who announced her resignation on October 21, 2024, effective November 22, 2024. E. Allen Nicholson, the Company's Executive Vice President and Chief Financial Officer, will continue to serve as the Company's principal financial officer.

There are no other arrangements or understandings between Ms. Laygo and any other persons pursuant to which Ms. Laygo was appointed to serve as the Company's Chief Accounting Officer. There are no related party transactions between Ms. Laygo and the Company requiring disclosure pursuant to Item 404(a) of Regulation S-K.There are no family relationships among any of CVBF's or the Bank's respective directors or executive officers and Ms. Laygo.