Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 311

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 311
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 capital stock are fully paid and non-assessable.

#### Class A Common Stock and Class B Common Stock.
Voting Rights. The combined company shareholders are entitled to one vote for each share of Class A common stock and Class B common stock held of record voting as a single class on all matters to be voted on by shareholders. Class A common stock and Class B common stock will vote together as a single class or group on all matters (including the election of directors) submitted to a vote of shareholders, unless otherwise required by law or the amended and restated articles. Under the amended and restated articles, if an amendment would adversely affect the rights, preferences or powers of the Class B common stock, such amendment is required to be approved by the affirmative vote of a majority of all of the votes entitled to be cast by holders of the shares of Class B common stock, voting as a separate voting group (other than in connection with a merger, consolidation or similar transaction where (i) the Class A common stock and Class B common stock are treated equally, except that each receives securities that mirror the rights and other attributes applicable to such class, other than in an immaterial respect, or (ii) the Class A common stock is converted into shares, other securities, interests, obligations, rights to acquire shares, other securities or interests, cash, other property, or any combination of the foregoing, and each share of Class B common stock is treated for purposes of calculating the economic rights of such share as if each such share were converted into ten (10) shares of Class A common stock, unless otherwise adjusted pursuant to the amended and restated articles, immediately prior to the merger or consolidation or similar transaction, where holders of Class B common stock have no right to vote as a group). The amended and restated articles provide that combined company shareholders are not entitled to vote as a separate class or group on (A) an amendment to the amended and restated articles with respect to which such class or series would otherwise be entitled in connection with increases the aggregate number of shares of a class or series, the creation of, or amendment of rights with respect to, preferred stock under RCW 23B.10.1040(1)(a), (1)(e) or (f), or (B) any plan of merger, share exchange or any other corporate action with respect to which such class or series would otherwise be entitled to vote as a separate class under RCW 23B.11A.041(1)(a)(i) or