Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 312

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 312
---
 (b). The combined company shareholders are not entitled to cumulative voting rights for the election of directors.

Dividends. The combined company shareholders are equally entitled to dividends, based on such shareholder’s pro rata ownership interest in the combined company, as and when declared by the combined company board of directors

<div align='center'>200</div>

#### TABLE OF CONTENTS
out of funds legally available for the payment of dividends, except that each share of Class B common stock will be treated as if such share had converted, as of the record date of such dividend or distribution, to ten (10) shares of Class A common stock (subject to adjustments for stock splits, subdivisions and combinations). No distributions of Class A common stock will be made in respect of Class B common stock and no distributions of Class B common stock will be made in respect of Class A common stock. When a dividend or a distribution of shares of combined company common stock is declared, holders of Class A common stock will receive Class A common stock and holders of Class B common stock will receive one-tenth (1/10th) of Class B common stock for each share of Class A common stock that the holders of Class A common stock receive (subject to adjustments for stock splits, subdivisions and combinations).

Liquidation. In the event of the combined company’s liquidation or dissolution, the combined company shareholders are entitled to equally share in all assets remaining for distribution to shareholders of combined company common stock based on such shareholder’s pro rata ownership interest in the combined company, except that each share of Class B common stock will be treated as if such share had converted to ten (10) shares of Class A common stock for purposes of calculating the economic rights of such Class B common stock.

Conversion Rights . The Class A common stock is not convertible. The Class B common stock will convert into Class A common stock in connection with a transfer of Class B common stock to a person that is not an affiliate (as defined in the BHC Act) of such holder (i) in a widely dispersed public offering, (ii) in a transfer to the combined company, (iii) in a private sale in which no purchaser (or group of associated purchasers) would acquire Class A common stock and/or Class B common stock in an amount that, after the conversion of such Class B common stock, represents two percent (2%) or more of a class of the combined company’s voting securities; or (iv) where such transferee would control a majority of the combined company’s voting securities notwithstanding such