Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 288

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 288
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 to the transactions contemplated by the merger agreement, (ix) amending the HomeStreet articles of incorporation and bylaws and (x) exemption of dispositions and acquisitions of HomeStreet common stock in the merger under Rule 16b-3.

### Combined Company Governance

#### Corporate Governance
At the effective time of the merger, in accordance with the HomeStreet bylaws and organizational documents, HomeStreet will take all actions necessary or appropriate to appoint to its board of directors the directors of Mechanics as of immediately prior to the effective time, as well as one member of the board of directors of HomeStreet as of immediately prior to the effective time, as selected by Mechanics. The amended and restated articles, as amended and restated in accordance with the merger agreement and pursuant to the articles amendment, will provide that the name of HomeStreet will be “Mechanics Bancorp.”

The directors and officers of Mechanics immediately prior to the effective time will become the directors and officers of the surviving bank immediately following the effective time. The legal name of the surviving bank will be “Mechanics Bank.”

**Written Consent of Mechanics Shareholders, HomeStreet Special Meeting and Recommendation of HomeStreet’s Board of Directors**

Shortly after the execution of the merger agreement, HomeStreet obtained executed voting agreements that require certain of Mechanics’ key shareholders to deliver written consents approving the merger proposal, with such written consents to be executed after the registration statement of which this proxy statement/prospectus/consent solicitation statement forms a part is declared effective under the Securities Act by the SEC. The key shareholder voting agreements are described in the section entitled “ Key Shareholder Voting Agreements .”

HomeStreet has agreed to call a special meeting of its shareholders to be held as soon as reasonably practicable after the Form S-4 is declared effective, for the purpose of obtaining approval of (i) the HomeStreet articles amendment proposal, (ii) the HomeStreet share issuance proposal, (iii) an equity compensation plan on terms as determined in good faith jointly by HomeStreet and Mechanics (and the adoption of such plan) and (iv) if agreed by both HomeStreet and Mechanics, other matters of the type customarily brought before a special meeting.

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#### TABLE OF CONTENTS
HomeStreet and its board of directors must use their reasonable best efforts to obtain from the HomeStreet shareholders the requisite HomeStreet shareholder approval, including by communicating to the HomeStreet shareholders the HomeStreet board of directors’ recommendation that the HomeStreet shareholders approve the Home