Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 32

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 32
---
 Mechanics board unanimously recommends that Mechanics shareholders entitled to consent approve the Mechanics merger proposal by executing and returning the written consent furnished with this proxy statement/prospectus/consent solicitation statement. |

| Q: | What shareholder consent is required to approve the merger? |

| A: | HomeStreet and Mechanics cannot complete the merger unless the Mechanics shareholders approve the Mechanics merger proposal. |

The approval of the Mechanics merger proposal requires the affirmative consent of the holders of a majority of the outstanding shares of Mechanics voting common stock entitled to vote thereon (such approval, the “requisite Mechanics shareholder approval”). Subsequent to the execution of the merger agreement, HomeStreet and the key shareholders entered into the key shareholder voting agreements. Pursuant to the key shareholder voting agreements, each of the key shareholders has agreed, promptly (and in any event within five (5) business days) after the registration statement of which this proxy statement/prospectus/consent solicitation statement forms a part is declared effective under the Securities Act by the SEC, to execute and deliver written consents approving the Mechanics merger proposal with respect to all of such key shareholder’s shares of Mechanics common stock entitled to act by written consent with respect thereto. The shares of Mechanics voting common stock that are owned by the key shareholders and subject to the key shareholder voting agreements represent approximately [ ]% of the Mechanics voting common stock issued and outstanding as of the consent record date. The execution and delivery of written consents by the Ford Entities, who are key shareholders, will constitute receipt by Mechanics of the shareholder approval required for the Mechanics merger proposal and, therefore, Mechanics expects to receive a number of written consents sufficient to satisfy the requisite Mechanics shareholder approval required under the merger agreement.

| Q: | Who is entitled to give a written consent? |

| A: | The Mechanics board has set the close of business on the record date of [ ] (the “consent record date”) for determining the holders of Mechanics voting common stock entitled to execute and deliver written consents with respect to this consent solicitation. Holders of Mechanics voting common stock on the consent record date will be entitled to give or withhold a consent using the written consent furnished with this proxy statement/prospectus/consent solicitation statement. |

| Q: | How can I return my written consent? |

| A: | If you hold shares of Mechanics voting common stock as of the consent record date and you wish to submit your consent, you must fill out the enclosed written consent, date and sign it, and