Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 24

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 24
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 the presence of a quorum because it is expected that all proposals to be voted on at the HomeStreet special meeting will be “non-routine” matters, as discussed in the section entitled “The HomeStreet Special Meeting—Broker Non-Votes.” |

| Q: | What vote is required for the approval of each proposal at the HomeStreet special meeting? |

| A: | Proposal 1: The HomeStreet articles amendment proposal: The affirmative vote of a majority of the outstanding shares of HomeStreet common stock entitled to vote thereon is required to approve the HomeStreet articles amendment proposal. |

Proposal 2: The HomeStreet share issuance proposal : Assuming a quorum is present, approval of the HomeStreet share issuance proposal requires that the votes cast in favor of such proposal exceed the votes cast opposing such proposal. Proposal 3: The HomeStreet new equity incentive plan proposal : Assuming a quorum is present, approval of the HomeStreet new equity incentive plan proposal requires that the votes cast in favor of such proposal exceed the votes cast opposing such proposal. Proposal 4: The HomeStreet merger-related compensation proposal : Assuming a quorum is present, approval of the merger-related compensation proposal requires that the votes cast in favor of such proposal exceed the votes cast opposing such proposal. Proposal 5: The HomeStreet adjournment proposal : Approval of the HomeStreet adjournment proposal requires that the votes cast in favor of such proposal exceed the votes cast opposing such proposal.

| Q: | What happens if HomeStreet shareholders do not approve, by non-binding, advisory vote, the HomeStreet merger-related compensation proposal? |

| A: | The vote on the proposal to approve the merger-related compensation arrangements for each of HomeStreet’s named executive officers is separate and apart from the votes to approve the other proposals being presented at the HomeStreet special meeting. Because the vote on the proposal to approve the merger-related compensation is advisory in nature only, it will not be binding upon HomeStreet, Mechanics or the combined company. Accordingly, the merger-related compensation will be paid to HomeStreet’s named executive officers to the extent payable in accordance with the terms of their compensation agreements and other contractual arrangements even if HomeStreet shareholders do not approve the proposal to approve the merger-related compensation. |

| Q: | How can I attend, vote and ask questions at the HomeStreet special meeting? |

| A: | Record Holders.If you hold shares directly in your name as the holder of record of HomeStreet common stock, you are a “record holder” and your shares