East West Bancorp (EWBC) Proxy Filing summary

Executive summary

• Annual meeting scheduled for May 20, 2025, with record date April 3, 2025, to be held virtually.

• Company achieved record revenue, net income, and EPS in 2024, with a 15.93% ROE and 1.60% ROA.

• Deposits grew by over $7 billion and fee income increased 12% year-over-year.

• Recognized for top performance among large banks and for workplace culture.

Voting matters and shareholder proposals

• Election of 10 directors for a one-year term.

• Advisory vote on 2024 executive compensation (Say-on-Pay).

• Ratification of KPMG LLP as independent auditor for 2025.

• Board recommends voting FOR all proposals.

• Shareholder proxy access allows groups holding 3%+ of shares for 3 years to nominate directors.

Board of directors and corporate governance

• Board consists of 10 members, 9 of whom are independent; strong lead independent director role.

• Directors bring expertise in finance, risk, technology, governance, and international markets.

• Annual director elections, majority voting, and regular board self-assessment.

• Five standing committees: Audit, Compensation, Nominating/Corporate Governance, Risk Oversight, Executive.

• Stock ownership guidelines for directors and executives; no hedging or pledging allowed.