Investor Presentaiton

Transaction Details Financially Compelling BANC OF CALIFORNIA $24 million purchase price Asset purchase structure results in tax deductible intangibles, including goodwill Approximately 2.7% dilutive to TBVPS, including estimated closing costs of ~$1.5M(1) 70% cash and 30% stock consideration using the 20 trading-day volume weighted average closing price of $17.46 per share Three year earn out beginning in 2023 to be paid from operating profits of the new operating subsidiary Expect the transaction to be neutral to earnings in 2023 and increasingly accretive to EPS thereafter Internal rate of return expected to exceed 25% The payments vertical will continue to operate under the Deepstack Technologies name as an operating subsidiary of Banc of California, N.A and Jayme Amirie continues as the President of Deepstack A veteran technology entrepreneur, Jayme Amirie founded the company in 2010 Three year employment agreements with the key principals: Jayme Amirie, President Jason Kafer, CTO Software engineer; 20 Years Card Processing and ACH Experience, PCI Security Expert Taylor Lilley, CIO Military veteran; Long track record of architecting and delivering custom software solutions across multiple industries Deepstack leadership team has been working together for over 15 years at Deepstack and previous companies Experienced Deepstack Leadership • • (1) Calculated using a 29.6% tax rate 4

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