Central Valley Community Bancorp Completes Community West Bancshares Merger, Adopts Name, Announces Board and Executive Reorganization - Seite 2

“Our combined company represents decades of unwavering commitment to our communities,” said Doyle. “We are grateful for the steadfast stewardship of our retiring directors, and we are honored to welcome new directors whose strengths enhance our Board’s leadership.”

Joining the Bank’s Executive Management Team via the merger are two well-respected industry executives: William “Bill” F. Filippin, Executive Vice President (EVP) and Regional Executive for the Coast region, and T. Joseph Stronks, EVP and Chief Risk Officer. Teresa Gilio, EVP and Chief Administrative Officer, will retire after 15 years with the Bank, effective October 1, 2024. She will lead the systems integration expected to be completed mid-August 2024.

To provide focused leadership in strategic areas of the expanded Bank, several members of existing executive management will reorganize. These include: Blaine C. Lauhon who will serve as EVP and Chief Administrative Officer, Jeffrey M. Martin who will serve as EVP and Chief Banking Officer and A. Ken Ramos who will serve as EVP and Regional Executive for the Greater Sacramento and San Joaquin Valley regions. Shannon Livingston, EVP and Chief Financial Officer, Patrick A. Luis, EVP and Chief Credit Officer, and Dawn Cagle, EVP and Chief Human Resources Officer, will continue in their current executive roles and leadership positions.

"On behalf of our Board and the entire team, we thank Teresa Gilio for her leadership and unwavering dedication,” said Kim. “The success of our growing Bank is driven by our dedicated banking professionals and guided by our seasoned Executive Management Team, which shares unparalleled commitment to our clients and community.”

About Community West Bancshares and Bank

Community West Bancshares (the ”Company”) (NASDAQ: CWBC) and its wholly owned subsidiary, Community West Bank (the “Bank”), are headquartered in Fresno, California. The Company was established in 1979 with the vision to help businesses and communities by exceeding expectations at every opportunity, and opened its first Banking Center on January 10, 1980. Today, the Bank operates 27 full-service Banking Centers throughout Central California from Sacramento in the north, throughout the San Joaquin Valley and west to the Coast.