$HOPE·8-K

HOPE BANCORP INC · May 22, 4:28 PM ET

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HOPE BANCORP INC 8-K

Research Summary

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Hope Bancorp Reports 2026 Annual Meeting Voting Results

What Happened

  • Hope Bancorp, Inc. announced the results of its virtual 2026 Annual Meeting held May 21, 2026 (record date March 23, 2026). A total of 113,267,099 shares were represented and voted (88.53% of 127,946,655 shares outstanding).
  • All nine director nominees were elected to serve until the next annual meeting. Stockholders also ratified the appointment of Crowe LLP as the Company’s independent registered public accounting firm for 2026 and approved, on an advisory basis, the 2025 compensation of the Company’s Named Executive Officers.

Key Details

  • Shares outstanding (record date): 127,946,655; shares represented at meeting: 113,267,099 (88.53%).
  • Director elections: each of the nine nominees was elected; For votes by nominee ranged (examples) — Kevin S. Kim: 96,785,654 For; Rachel H. Lee: 97,336,914 For; Dale S. Zuehls: 89,757,186 For.
  • Auditor ratification: Crowe LLP approved with 109,712,291 For, 3,522,166 Against, 32,642 Abstain (~97% For of votes cast).
  • Advisory say-on-pay: 95,925,166 For, 10,788,481 Against, 57,394 Abstain (For ≈ 90% of votes cast); 6,496,057 broker non-votes were recorded.

Why It Matters

  • Board continuity: Election of all nominees provides continuity in governance and guidance for corporate strategy and oversight.
  • Audit oversight confirmed: Ratification of Crowe LLP establishes the firm that will audit Hope Bancorp’s financial statements for 2026, affecting financial reporting integrity.
  • Shareholder support for pay: The strong advisory approval of 2025 executive compensation indicates substantial shareholder backing for the Company’s recently disclosed pay practices (non-binding).

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