Company: MCHB
Filing Date: 2025-03-31
Form Type: 425
Source: 0001518715-25-000037
Chunk: 1

Company: Mechanics Bancorp
Filing Date: 2025-03-31
Form: 425
Chunk 1
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 more locations for convenience and a greater capacity to meet their banking and lending needs. It will also create new opportunities for many of our employees enabling us to retain and attract top talent. Both organizations share very similar banking strategies, strong credit and risk management cultures and a deep commitment to our customers, community service and being good corporate citizens. In short, California-based Mechanics is highly aligned with HomeStreet. Joining forces makes great sense. Pillars in our respective markets for well over a century, Mechanics Bank and HomeStreet are widely respected for being genuine, customer-first banks with deep community ties. Combined, our organizations have 224 years of service! Additionally, we expect the combined company to be one of the highest performing banks in the country. This week is just the beginning of the process and there are no immediate impacts on your day-to- day responsibilities. It is important to remember that until the transaction closes, we are operating as separate, independent companies. In the coming months we will work with the Mechanics team on integration and begin the thoughtful process of learning more about each other’s organizations and laying the groundwork for our exciting future together. There will obviously be a lot more

All-Employee Email information to come in the days and weeks ahead. A Merger Resource Center will be available soon on MyHomeStreet for Employee FAQs, Customer Talking Points, and additional reference materials. I recognize we’ve been here before, and I know you all will have many questions about the future and the changes this may bring. I will be hosting an all-employee Webex today at 1p.m. PDT and will be joined by Mechanics Bank President and CEO, C.J. Johnson. We look forward to speaking with you and taking your questions at that time. This transaction would not have been possible without our best-in-class operations, outstanding customer service, and all of you – our dedicated employees. Thank you for your commitment and dedication! Mark Mason Chairman, President & CEO Direct: 206.442.5380 Seattle Corporate Office 601 Union Street, Suite 2000 Seattle, WA 98101 Cautionary Note Regarding Forward Looking Statements When used in this all-employee e-mail and in other documents filed with or furnished to the U.S. Securities and Exchange Commission (the “SEC”), in press releases or other public shareholder communications, or in oral statements made with the approval of an authorized executive officer, the words or phrases “believes,” “expects,” “anticipates,” “plans,” “trend,” “objective,” “continue,” or