Docusign Envelope ID: 34FEC081-CD7D-4154-920B-7D0201110B83
Power of Attorney
(Exchange Act, Section 16(a), Forms 3, 4, 5)
The undersigned hereby appoints Stacey L. Rocha, SVP, Director, Total Rewards &
Operations of Central Pacific Financial Corp. (the ?Company?)
and Central Pacific Bank, signing singly, the undersigned's true and lawful
attorneyin-fact to:
(1) prepare, execute for and in the undersigned's name and on the undersigned's
behalf, and in the undersigned'scapacity as an officer or
director of the Company, and submit to the United States Securities and
ExchangeCommission (the "SEC"),
Forms 3, 4 and 5, including amendments thereto, in accordance with Section
16(a) of theSecurities Exchange Act of 1934 (?Exchange Act?) or
any rule or regulation of the SEC, and any other forms orreports the
undersigned may be required to
file in connection with the undersigned's ownership, acquisition,
or disposition of securities of the Company, and any other documents
necessary or appropriate to obtain codes and passwords enabling the
undersigned to make electronic filings
with the SEC of reports required by Section 16(a) of the Exchange Act
or any rule or regulation of the SEC;
(2) do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete and execute
any such Form 3, 4, or 5, or other form or report required by the SEC,
and timely file such form or report
with the SEC and any stock exchange or similar authority; and,
(3) take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact,
may be of benefit to, in the best interest of, or legally required by,
the undersigned, it being understood
that the documents executed by such attorney-in-fact on behalf of the
undersigned pursuant to this Power of Attorney shall be in
such form and shall contain such terms and conditions as such
attorney-in-fact may approve in such attorney-in-fact's
discretion. The undersigned hereby grants to each such attorney-in-fact
full power and authority to do and perform any and every
act and thing whatsoever requisite, necessary, or proper to be done
in the exercise of any of the rights and powers
herein granted, as fully to all intents and purposes as the undersigned
might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that
such attorney-in-fact, or such attorneyin-fact's
designees, shall lawfully do or cause to be done by virtue of this power
of attorney and the rights and powers herein granted.
The undersigned acknowledges that (i) the foregoing attorneys-in-fact,
in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company or Central Pacific Bank
assuming any of the undersigned's responsibilities
to comply with Section 16 of the Exchange Act; (ii) this Power of Attorney
does not relieve the undersigned from responsibility
for compliance with the undersigned?s obligations under Section 16 of the
Exchange Act or any other rule or regulation promulgated by the SEC,
including,without limitation, the reporting requirements under
Section 16 of the Exchange Act; (iii) this Power of Attorney authorizes,
but does not require, any attorney-in-fact,
to act in his or her discretion on information provided to such attorney-
in-fact without independent verification of such information.
This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4, and 5
with respect to the undersigned's holdings of and transactions in securities
issued by the Company, unless earlier
revoked by the undersigned in a signed writing delivered to the foregoing
attorneys-in-fact.
The undersigned has executed this Power of Attorney on 1/14/2025.
DocuSigned by: Diane Paloma
Print Name: Diane Paloma
Docusign Envelope ID: 34FEC081-CD7D-4154-920B-7D0201110B83
1/14/2025 | 6:21:10 PM