On February 28, 2018, Hanmi Financial Corporation (Company) and its wholly-owned subsidiary, Hanmi Bank (Bank), announced that the Boards of Directors of the Company and Bank had appointed Mr. Scott R. Diehl to the Board of Directors of Company and Bank, effective February 28, 2018. Mr. Diehl is a 34 year veteran of the banking and financial industry, having spent his entire career at Wells Fargo Capital Finance and its predecessor corporation, Foothill Capital Corporation. Mr. Diehl brings extensive experience across a broad range of risk and lending activities. Prior to his retirement in July 2017, Mr. Diehl was a Group Head overseeing the Factoring, Receivable Securitization and Supply Chain Finance lending units. Prior to this role, he was the Head of the Industries Group and oversaw the Lender Finance, Technology Finance, Healthcare Finance and Supply Chain Finance business units. Mr. Diehl also served in various other leadership positions related to asset based lending and commercial finance for Wells Fargo Capital Finance and Foothill Capital Corporation. Mr. Diehl was appointed to the Risk, Compliance and Planning Committee of the Company Board, as well as the Loan and Credit Policy Committee and Asset Liability Committee of the Bank.