On February 2, 2024, Mr. Joseph Garrett, a current member of the Board of Directors (the ?Board?) of Pacific Premier Bancorp, Inc. (the ?Company?) and the Board of Directors (the ?Bank Board?) of Pacific Premier Bank, advised the Board Chair that he will be retiring from the Board and the Bank Board effective as of the Company?s 2024 Annual Meeting of Stockholders (the ?Annual Meeting?), and as such, will not stand for re-election as a member of the Board at the Annual Meeting. Mr. Garrett currently serves as a member of the Board?s Compensation Committee and Nominating and Governance Committee and will retire from those roles when he retires from the Board. Mr. Garrett?s decision to retire did not involve any disagreement with Company management, the Board or the Bank Board on any matter relating to the Company?s operations, policies or practices.