On August 19, 2021, Director Robb Evans announced his retirement and tendered his resignation as a director of Sierra Bancorp and the Company's wholly owned subsidiary, Bank of the Sierra, effective immediately. Additionally, effective on August 20, 2021, the Company, Bank of the Sierra, and Mr. Matthew Macia, the Company's and Bank of the Sierra's Executive Vice President and Chief Risk Officer, mutually agreed to the termination of his employment and employment agreement. Effective August 20, 2021, Mr. Hugh Boyle, the Company's and Bank of the Sierra's Executive Vice President and Chief Credit Officer was appointed Chief Risk Officer and will continue to serve as both Chief Credit Officer and Chief Risk Officer, a joint role he previously held at a prior financial institution. Prior to serving the Company and Bank of the Sierra, Mr. Boyle was the Chief Risk Officer and Chief Credit Officer for Banc of California in Santa Ana, California, positions he held from 2013 to 2019.