Company: MCHB
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001518715-25-000066
Chunk: 3

Company: Mechanics Bancorp
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 3
---
  |     | Executive Chair                                                                                |
| Scott M. Boggs         |     |  70 |     | 13 years  |     | Audit, Enterprise Risk Management and Executive                                                |
| Sandra A. Cavanaugh    |     |  70 |     | 7 years   |     | Compensation Chair, Enterprise Risk Management, Executive, Audit and Nominating and Governance |
| Jeffrey D. Green       |     |  61 |     | 5 years   |     | Audit Chair, Nominating and Governance                                                         |
| Joanne R. Harrell      |     |  70 |     | 3 years   |     | Nominating and Governance Chair, Enterprise Risk Management and Compensation                   |
| James R. Mitchell, Jr. |     |  75 |     | 5 years   |     | Audit, Compensation and Executive                                                              |
| Nancy D. Pellegrino    |     |  68 |     | 6 years   |     | Enterprise Risk Management Chair, Compensation and Nominating and Governance                   |
| S. Craig Tompkins      |     |  74 |     | 2 years   |     | Enterprise Risk Management, Compensation and Nominating and Governance                         |

(1) Rounded to the nearest year.

### CORPORATE GOVERNANCE HIGHLIGHTS
ü Lead Independent Director with clearly defined responsibilities

ü Seven of eight current directors are independent

ü Each Board committee, other than the Executive Committee, is comprised of independent directors

ü Average director tenure of director nominees is 7 years

ü Average age of director nominees is 69

ü Board inclusion and belonging policy

ü Directors can be removed without “cause”

ü Shareholders with at least 10% of outstanding shares are permitted to call a special meeting of shareholders

ü Majority voting standard for uncontested director elections with a director resignation policy

ü No supermajority shareholder vote requirements in the Articles of Incorporation

ü Annual election of directors

ü Board policy limits director membership on other public company boards

ü Regular Board, committee and director evaluations

ü Regular comprehensive succession planning for management

ü Each current director attended at least 75% of the meetings of the Board and the committees on which the director served in 2024

ü Policies prohibiting hedging of the Company’s securities

ü Meaningful stock ownership and retention guidelines for directors

<div align='center'>2</div>

### SHAREHOLDER ENGAGEMENT OVERVIEW
The Board welcomes feedback from shareholders on our