Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 139

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 139
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 any other tax consequences to them of participating in the 2025 Equity Incentive Plan.

#### Interest of Directors and Executive Officers.
All members of our board of directors and all of our executive officers are eligible for awards under the 2025 Equity Incentive Plan and, thus, have a personal interest in the approval of the 2025 Equity Incentive Plan.

#### New Plan Benefits
We cannot currently determine the benefits or number of shares subject to awards that may be granted in the future to eligible participants under the 2025 Equity Incentive Plan because the grant of awards and the terms of such awards are to be determined in the sole discretion of the Committee at the time of grant.

The fair market value of our common stock is $12.16 per share based on the closing price of our common stock on June 16, 2025.

#### Vote Required for Approval
**The approval of the HomeStreet new equity incentive plan proposal by holders of HomeStreet common stock is not a condition to the completion of the merger. The vote on the HomeStreet new equity incentive plan proposal is a vote separate and apart from the votes on the HomeStreet share issuance proposal, the HomeStreet articles amendment proposal, the HomeStreet merger-related compensation proposal and the HomeStreet adjournment proposal. Accordingly, if you are a holder of HomeStreet common stock, you may vote to approve the HomeStreet share issuance proposal, the HomeStreet articles amendment proposal, the HomeStreet merger-related compensation proposal and/or the HomeStreet adjournment proposal and vote not to approve the HomeStreet new equity incentive plan proposal, and vice versa.

If a quorum is present at the HomeStreet special meeting, approval of the HomeStreet new equity incentive plan proposal requires that the number of votes cast at the HomeStreet special meeting favoring the HomeStreet new equity incentive plan proposal exceeds the number of votes cast opposing the HomeStreet new equity incentive plan proposal. If you are present at the HomeStreet special meeting and abstain from voting, or respond by proxy with an “ABSTAIN,” it will have no effect on such proposal. Assuming a quorum is present, if you are not present at the HomeStreet special meeting, do not respond by proxy and do not provide your bank, broker, trustee or other nominee with instructions, as applicable, it will have no effect on such proposal.

THE HOMESTREET BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT HOMESTREET SHAREHOLDERS VOTE “FOR” THE H