Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d) Election of Directors

On January 27, 2021, Hanmi Financial Corporation (the "Company"), a Delaware corporation and its wholly-owned subsidiary, Hanmi Bank (the "Bank"), appointed Gideon Yu to the Board of Directors of Company and Bank.

Mr. Yu is currently a co-owner and former President of the San Francisco 49ers. Mr. Yu holds the distinction of being the first President of color of any team in the history of the National Football League. Mr. Yu previously served as the Chief Financial Officer of Facebook and YouTube. Mr. Yu was also a General Partner at Khosla Ventures, a venture capital firm focused on early-stage technology companies, where he led the firm's investment in Square, Inc. and was its first outside board member.

Mr. Yu serves on the Board of Trustees of the Monterey Bay Aquarium and the Council of Korean Americans, and is on the National Leadership Council of the Navy SEAL Foundation.

Upon his appointment to the Board, Mr. Yu became entitled to the Company's customary non-employee director compensation. Mr. Yu was appointed to the Compensation and Human Resources Committee and the Risk, Compliance and Planning Committee of the Company Board, as well as the Asset Liability Committee of the Bank.

There are no arrangements or understandings between Mr. Yu and any other persons pursuant to which he was selected as a director. There are no family relationships between Mr. Yu and any director, executive officer or any person nominated or chosen by the Company to become a director or executive officer. No information is required to be disclosed with respect to Mr. Yu pursuant to Item 404(a) of Regulation S-K.

A copy of the Company's press release announcing Mr. Yu's appointment is included as Exhibit 99.1 to this report and incorporated herein.

Item 9.01. Financial Statements and Exhibits.

(a) Financial Statements of Businesses Acquired. Not applicable.

(b) Pro Forma Financial Information. Not applicable.

(c) Shell Company Transactions. Not applicable.



(d) Exhibits       Description

      99.1           Press release issued by Hanmi Financial Corporation dated
                   January 28, 2021
    104            Cover Page Interactive Data File (embedded within Inline XBRL
                   document).

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