Company: MCHB
Filing Date: 2025-03-31
Form Type: 425
Source: 0001518715-25-000043
Chunk: 0

Company: Mechanics Bancorp
Filing Date: 2025-03-31
Form: 425
Chunk 0
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Filed by: HomeStreet, Inc. Pursuant to Rule 425 under the Securities Act of 1933, as amended and deemed filed pursuant to Rule 14a-12 of the Securities Exchange Act of 1934, as amended Subject Company: HomeStreet, Inc. Commission File No.: 001-35424 The following FAQS for Single Family Lending and CREG customers were made available to certain employees of HomeStreet, Inc. and HomeStreet Bank in connection with the proposed transaction between HomeStreet, Inc. and Mechanics Bank.

Mechanics Bank – HomeStreet Bank, Inc./HomeStreet Bank Merger Information INTERNAL USE ONLY | Not for Public Distribution | March 31, 2025 3/31/25 Employee FAQs for Commercial Real Estate Group – Internal Only - Not for Public Distribution What did Mechanics Bank and HomeStreet, Inc. recently announce? On March 31, 2025 — Mechanics Bank and HomeStreet, Inc. (NASDAQ: HMST) (“HomeStreet”), the holding company of HomeStreet Bank, jointly announced today that they have entered into a definitive merger agreement (the “Merger Agreement”) providing for an all-stock business combination between HomeStreet and Mechanics Bank. Under the terms of the Merger Agreement, which was unanimously approved by the boards of directors of both companies, HomeStreet Bank will be merged with and into Mechanics Bank (the “Merger”), with Mechanics Bank surviving as a banking corporation incorporated under the laws of the State of California and as a wholly owned subsidiary of HomeStreet (the resulting holding company of Mechanics Bank following the Merger, the “combined company”). Existing shareholders of Mechanics Bank will receive common stock in HomeStreet in exchange for their Mechanics Bank shares. Upon completion of the Merger, HomeStreet will be renamed Mechanics Bancorp and remain a publicly traded company. Who is Mechanics Bank? Mechanics Bank is a 120-year-old full-service community bank based in Walnut Creek, California, with 112 branches throughout California and more than $16 billion in assets. Once combined with HomeStreet, the company will expand Mechanics Bank’s West Coast footprint and create a combined company with 168 branches and $23 billion in assets. Visit www.MechanicsBank.com to learn more. Why is HomeStreet Bank combining with Mechanics Bank? Joining forces makes great sense. Mechanics Bank, like HomeStreet, is deeply committed to their clients and local communities. Once the merger is complete, Mechanics will become a premier West Coast community bank with approximately $23 billion in total assets and