Company: MCHB
Filing Date: 2025-03-31
Form Type: 425
Source: 0001518715-25-000041
Chunk: 3

Company: Mechanics Bancorp
Filing Date: 2025-03-31
Form: 425
Chunk 3
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 timely updates, in accordance with all disclosure laws and regulations, via branch displays, our website, written correspondence and other channels. Will compensation and benefits change? Upon receipt of regulatory approval and the merger closing, HomeStreet employees will be carefully mapped into the appropriate compensation plans at Mechanics Bank. Any changes to compensation will be clearly communicated.

Mechanics Bank - HomeStreet, Inc./HomeStreet Bank Merger Information – INTERNAL USE ONLY INTERNAL USE ONLY | Not for Public Distribution | March 31, 2025 What happens next (before regulatory approval)? Mechanics will retain the services of a third-party to help us navigate the complex job of planning for integration. More information on next steps, participation and planning will be shared as soon as it’s available. I have never been involved in a merger and am not sure what to expect. What should I do? Your Human Resources (HR) department and your supervisor or management team will each have information to share at various times. You should continue to perform your job at the direction of your manager and if you have questions, simply ask. You may have a chance to develop new working relationships and to learn new skills to help grow your own skillsets along the way. Until additional information and guidance is provided, every employee should continue in a ‘business-as-usual' manner. One of the biggest challenges during a time like this is the flow of information. A Merger Resources Center page has been created on MyHomeStreet so you may easily reference merger-related communications that have already been shared. You should feel free to ask your supervisor questions to get the answers you need. During M&A transactions like this, it is possible senior leaders may not have the answers to some questions. The experiences you will have will be individual to you, yet you are not alone. We will work together and support each other. It is important during this time that you support your fellow employees. What if I have additional questions that are not covered in the Q&A? If you have personal questions about your situation, you may send an email to hr@homestreet.com. If you would like guidance on how to find important information or if you feel you need additional resources please reach out to your supervisor or HR. As a reminder, HomeStreet Bank offers all employees access to our free Employee Assistance Program (EAP). This service, staffed by experienced clinicians, gives you access to issues that matter to you like confidential counseling, work-life needs, legal information and consultation, and financial resources and tools. What should I say if I