Southern California Bancorp announced that Anne Williams notified the Company that she will retire from her position as Executive Vice President and Chief Credit Officer of the Bank, effective as of May 31, 2023. She will continue to serve on the Board of Directors of each of the Company and the Bank. As a non-employee director, Ms. Williams will be entitled to the same compensation as is provided to the other non-employee directors of the Company and the Bank.

A description of this compensation is set forth under the heading “Director Compensation” in the Company's Registration Statement on Form 10, as amended, and is incorporated herein by reference. In addition, any equity awards held by Ms. Williams will vest for the remainder of their original terms.