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BBCN BANCORP INC FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

July 2, 2014



Item 5.07 Submission of Matters to a Vote of Security Holders.

The annual meeting of stockholders of BBCN Bancorp, Inc. (the "Company") was held on June 26, 2014. Proxies were solicited by the Company's management pursuant to Section 14 of the Securities Exchange Act of 1934, as amended. At the meeting, the stockholders voted on the following items:

(1) election of directors;

(2) ratification of the selection of KPMG LLP as the Company's independent

registered public accounting firm for the year ending December 31, 2014;

(3) approval, on an advisory and nonbinding basis, of the compensation paid to

the Company's "named executive officers" as described in the proxy statement for the meeting;



(4) approval, on an advisory and nonbinding basis, of an annual frequency for

the stockholder nonbinding vote to approve executive compensation; and

(5) adjournment of the meeting if necessary or appropriate in the judgment of

the Company's board of directors to solicit additional proxies or votes in

favor of the above proposals to be presented at the meeting.

A total of 73,691,409 shares of the Company's common stock were represented and voted at the meeting, constituting 92.70% of the issued and outstanding shares of common stock entitled to vote at the meeting.

The final results of the stockholder votes were as follows:

1. Election of directors of the Company:

Authority Given Authority Withheld Louis M. Cosso 63,707,122 2,878,666 Jin Chul Jhung 63,683,993 2,901,795 Kevin S. Kim 62,193,843 4,391,945 Peter Y.S. Kim 63,011,165 3,574,623 Sang Hoon Kim 63,011,271 3,574,517 Chung Hyun Lee 63,706,995 2,878,793 David P. Malone 63,718,519 2,867,269 Scott Yoon-Suk Whang 63,062,899 3,522,889 Dale S. Zuehls 63,718,519 2,867,269



There were approximately 7,103,957 broker non-votes received with respect to this item.

2. Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2014. Total Shares For: 73,573,959 Against: 103,697 Abstain: 10,753



The number of shares voting "for" constituted 99.84% of the total number of shares represented and voting at the meeting.

3. Approval, on an advisory and nonbinding basis, of the compensation paid to the Company's "named executive officers" as described in the proxy statement dated May 30, 2014. Total Shares For: 63,894,103 Against: 1,229,083 Abstain: 1,464,266 Broker non-vote: 7,103,957



The number of shares voting "for" constituted 95.96% of the total number of shares represented and voting at the meeting.

4. Approval, on an advisory and nonbinding basis, of an annual frequency for the stockholder nonbinding vote to approve executive compensation. Total Shares 1 Year: 57,346,290 2 Years: 654,008 3 Years: 7,261,141 Abstain: 1,326,013 Broker non-vote: 7,103,957



The number of shares voting "for" an annual frequency constituted 86.12% of the total number of shares represented and voting at the meeting.

5. Adjournment of the meeting if necessary or appropriate in the judgment of the Company's board of directors to solicit additional proxies or votes in favor of the above proposals that are to be presented at the meeting. Total Shares For: 65,643,666 Against: 6,940,308 Abstain: 1,107,435



The number of shares voting "for" constituted 89.08% of the total number of shares represented and voting at the meeting.

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Source: Edgar Glimpses


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