X0306 4 2021-05-03 0000946673 BANNER CORP BANR 0001402220 Layman John R 10 SOUTH FIRST AVENUE WALLA WALLA WA 99362 1 Common Stock, $0.01 par value per share 2021-05-03 4 A 0 887 57.45 A 25516 D Represents award pursuant to 2014 Omnibus Incentive Plan; shares vest fully on April 18, 2022. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. The closing trading price of the common stock on the date of the grant was $57.45. Includes direct ownership of 6,472 shares through Deferred Compensation Plan and 711 shares through an IRA. /s/ John R. Layman 2021-05-04