Company: MCHB
Filing Date: 2025-07-16
Form Type: 424B3
Source: 0001140361-25-026051
Chunk: 259

Company: Mechanics Bancorp
Filing Date: 2025-07-16
Form: 424B3
Chunk 259
---
 and Mechanics Bank, respectively. The headquarters of the combined company will be located in Walnut Creek, California. The headquarters of the surviving bank will be located in Walnut Creek, California.

163

#### TABLE OF CONTENTS

#### Regulatory Approvals
To complete the merger, HomeStreet and Mechanics need to obtain approvals or consents from, or make filings with, a number of U.S. federal and state bank and other regulatory authorities. Subject to the terms of the merger agreement, HomeStreet and Mechanics have agreed to cooperate with each other and use their respective reasonable best efforts to promptly prepare and file all necessary documentation, to effect all applications, notices, petitions and filings, to obtain as promptly as practicable all permits, consents, approvals and authorizations of all third parties, regulatory agencies and governmental entities which are necessary or advisable to consummate the transactions contemplated by the merger agreement (including the merger), and to comply with the terms and conditions of all such permits, consents, approvals and authorizations of all such regulatory agencies and governmental entities. The term “requisite regulatory approvals” means all regulatory authorizations, consents, waivers, orders and approvals (and the expiration or termination of all statutory waiting periods in respect thereof) from the Federal Reserve Board, the FDIC, the CDFPI and the WDFI and as otherwise set forth in the merger agreement that are necessary to consummate the transactions contemplated by the merger agreement or those the failure of which to be obtained would reasonably be expected to have a material adverse effect on the combined company.

Notwithstanding anything in the merger agreement to the contrary, Mechanics and its affiliates are not required (and without the consent of Mechanics, HomeStreet and its subsidiaries are not permitted) to take, or agree to take, any action or agree to any condition or restriction in connection with obtaining the required permits, authorizations, consents, orders or approvals of governmental entities that would reasonably be expected to have, either individually or in the aggregate, a material adverse effect (as defined in the merger agreement) on HomeStreet and its subsidiaries, taken as a whole, measured on a pro forma basis after giving effect to the transactions contemplated by the merger agreement (a “material burdensome condition”).

The approval of an application means only that the statutory and regulatory criteria for approval have been satisfied or waived. It does not mean that the approving authority has determined that the consideration to be received by Mechanics shareholders in the merger is fair. Regulatory approval does not constitute an endorsement or recommendation of the merger.

HomeStreet and Mechanics