Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 318

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 318
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 require the approval of a majority of the outstanding Class A common stock and Class B common stock entitled to vote on such combination or amendment, voting as a single class or group, unless a separate class or group vote is required by applicable law, in which case the approval

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#### TABLE OF CONTENTS
of a majority of all the votes entitled be cast by such voting group on such matter is required. The amended and restated articles also provide that if an amendment would adversely affect the rights, preferences or powers of the Class B common stock, including in connection with a merger, consolidation or similar transaction, it 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 10 (ten) 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).

**Advance Notice Requirements for Shareholder Proposals and Director Nominations**

The amended and restated bylaws provide that shareholders seeking to bring business before a meeting of shareholders, or to nominate candidates for election as directors at a meeting of shareholders, must provide the combined company with timely written notice of their proposal. The amended and restated bylaws also specify requirements as to the form and content of a shareholder’s notice. These provisions may preclude shareholders from bringing matters before a meeting of shareholders or from making nominations for directors at a meeting of shareholders.

#### Washington Law Antitakeover Provisions
Chapter 23 of the WBCA, which is applicable to the combined company, may be deemed to have certain anti-takeover effects by proscribing certain transactions, with certain exceptions, between the combined company and an “ac