Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 314

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 314
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 330.1092 to shares of outstanding Mechanics non-voting common stock. |

| (u) | Adjustment to HomeStreet's DUS mortgage servicing rights which are carried at amortized cost of $5.7 million. |

199

#### TABLE OF CONTENTS

### DESCRIPTION OF CAPITAL STOCK OF THE COMBINED COMPANY
As a result of the merger, Mechanics shareholders who receive shares of HomeStreet common stock in the merger will become shareholders of the combined company. Your rights as HomeStreet shareholders (or shareholders of the combined company) will be governed by Washington law, the amended and restated articles and the amended and restated bylaws. The following description of the material terms of the capital stock of the combined company reflects the anticipated state of affairs upon consummation of the merger. The following description summarizes the material terms of the capital stock of the combined company but does not purport to be complete, and is qualified in its entirety by reference to the applicable provisions of federal law governing bank holding companies, Washington law, the amended and restated articles and the amended and restated bylaws, each as amended in connection with the merger. We urge you to read the applicable provisions of Washington law, the amended and restated articles and the amended and restated bylaws and federal law governing bank holding companies carefully and in their entirety. The amended and restated articles are attached as

#### Annex B
and amended and restated bylaws are attached as

#### Annex C
to this proxy statement/prospectus/consent solicitation statement and incorporated in their entirety by reference herein.

#### General
As of the date of this proxy statement/prospectus/consent solicitation statement, HomeStreet has 160,000,000 shares of authorized common stock, no par value, and 10,000 shares of preferred stock. If the HomeStreet articles amendment proposal is approved, after the closing of the merger, HomeStreet will have 1,900,000,000 shares of authorized common stock, no par value per share, divided into two (2) classes of which 1,897,500,000 shares are designated as Class A common stock and 2,500,000 shares are designated as Class B common stock, and 120,000 shares of authorized preferred stock. All existing shares of HomeStreet common stock will be designated as HomeStreet Class A common stock pursuant to the amended and restated articles. As of July 14, 2025, the last date before the date of this proxy statement/pro