Pacific Premier Bancorp Announces Additions to Board of Directors

IRVINE, Calif.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/search?q=%24PPBI&src=ctag” target=”_blank”gt;$PPBIlt;/agt; lt;a href=”https://twitter.com/hashtag/PPBI?src=hash” target=”_blank”gt;#PPBIlt;/agt;–Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) today announced the
appointments of Barbara S. Polsky and Jaynie Miller Studenmund as
directors of both Pacific Premier Bancorp, Inc. (the “Company”) and
Pacific Premier Bank, the Company’s wholly-owned bank subsidiary,
effective May 22, 2019.

Ms. Polsky is a partner in the Financial Services Department at the law
firm of Manatt, Phelps & Phillips, LLP in Los Angeles. Ms. Studenmund is
a seasoned independent director who brings significant executive
experience across a number of industries, including financial services,
digital, health care and consumer businesses.

Each of Ms. Polsky and Ms. Studenmund is independent pursuant to
applicable NASDAQ rules and has no material relationship with the
Company. We anticipate that Ms. Polsky will serve on the Governance and
Compensation Committees of the Company’s Board of Directors (the
“Board”), and that Ms. Studenmund will serve on the Compensation and
Enterprise Risk Committees of the Board.

The director appointments bring the total number of directors to 11 for
both the Company and Pacific Premier Bank.

“We are very pleased to add Barbara and Jaynie to our Board of
Directors,” said Steve Gardner, Chairman, President and Chief Executive
Officer of Pacific Premier Bancorp. “Collectively, they bring
significant financial services experience to our board with particular
expertise in mergers and acquisitions, technology, payments systems,
regulatory matters and consumer banking. Their addition will enhance the
diversity of perspectives on our board, which we believe is essential
for effective strategic planning and value creation for our
shareholders.”

Barbara S. Polsky

Ms. Polsky has extensive experience representing numerous domestic and
foreign banks, financial holding companies, savings associations,
mortgage, other specialty finance and financial technology companies in
a wide range of lending and securities transactions, mergers and
acquisitions, governance and regulatory and compliance matters.
Previously, Ms. Polsky served as Executive Vice President and General
Counsel of City National Corporation and City National Bank and
Executive Vice President and General Counsel of Aames Financial
Corporation and Aames Home Loan.

Ms. Polsky frequently lectures at investment banking and commercial
banking seminars on mergers and acquisitions, bank capital augmentation
and compliance matters. She also serves as a director of ConnexPay LLC.
She graduated magna cum laude from the University of Michigan Law
School, and earned her bachelor’s degree from the University of Michigan.

Jaynie Miller Studenmund

Ms. Studenmund served as a banking executive for 20 years, serving as
Executive Vice President and head of retail banking at Great Western
Bank and Home Savings of America (now part of JP Morgan Chase) and as
Executive Vice President, head of retail banking and Chief Marketing
Officer at First Interstate Bank of California (now part of Wells
Fargo). Ms. Studenmund also has served as President and Chief Operating
Officer for PayMyBills.com and Chief Operating Officer of Overture
Services. Ms. Studenmund began her career as a management consultant
with Booz, Allen & Hamilton.

Ms. Studenmund is currently on the Boards of CoreLogic, ExlService
Holdings, Inc. and select funds for Western Asset Management. She serves
as a life trustee and board chair for Huntington Hospital, a member of
the Board of Flintridge Preparatory School and is a co-founder and
executive committee member for the Enduring Heroes Foundation. She
received a masters in business administration from Harvard Business
School and is a Phi Beta Kappa graduate of Wellesley College.

About Pacific Premier Bancorp, Inc.

Pacific Premier Bancorp, Inc. is the holding company for Pacific Premier
Bank, one of the largest banks headquartered in Southern California with
approximately $11.6 billion in assets. Pacific Premier Bank is a
business bank primarily focused on serving small and middle market
businesses in the counties of Orange, Los Angeles, Riverside, San
Bernardino, San Diego, San Luis Obispo and Santa Barbara, California, as
well as markets in the states of Arizona, Nevada and Washington. Through
its more than 40 depository branches, Pacific Premier Bank offers a
diverse range of lending products including commercial, commercial real
estate, construction, and SBA loans, as well as specialty banking
products for homeowners’ associations and franchise lending nationwide.

Contacts

Pacific Premier Bancorp, Inc.
Steven R. Gardner
Chairman,
President and Chief Executive Officer
(949) 864-8000

Ronald J. Nicolas, Jr.
Senior Executive Vice President and Chief
Financial Officer
(949) 864-8000

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