CVB Financial Corp. (NASDAQ:CVBF) and its principal subsidiary, Citizens Business Bank, National Association ("CBB," and together with CVBF, the "Company"), today announced a planned leadership transition as part of its ongoing commitment to strong governance and continuity. At the conclusion of the Company's annual meeting on May 20, 2026, it was decided that Hal W. Oswalt will transition from his role as Chairman to Vice-Chairman of the Boards of CVBF and CBB. At the same time, the Company's Board of Directors also elected current director and Vice-Chairman George A. Borba Jr. as Chairman of the Boards of CVBF and CBB. Mr. Borba and Mr. Oswalt will assume their respective new roles immediately.

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