X0306 4 2020-07-31 0 0000946673 BANNER CORP BANR 0001817497 Rice Jill M 10 SOUTH FIRST AVENUE WALLA WALLA WA 99362 0 1 0 0 Executive VP, Banner Bank Common Stock, $.01 par value per share 2020-07-31 4 A 0 1086 35.43 A 8132 D Common Stock, $.01 par value per share 337 I By 401(k) Plan Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on July 31, 2020 and ending on the third anniversary thereof. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest. Closing price on July 31, 2020. Includes 1,522 shares jointly with her husband. /s/Jill M. Rice 2020-07-31