Company: MCHB
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001518715-25-000066
Chunk: 22

Company: Mechanics Bancorp
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 22
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.7% of the votes cast, and S. Craig Tompkins received support from 94.6% of the votes cast.

For the “say-on-pay” vote approving our executive compensation, we received approval from 90.2% of votes cast (for and against). Based on this high approval rating and the feedback we received from our investors generally in 2024, we do not believe our shareholders have significant concerns about our executive compensation program.

We routinely provide opportunities for our shareholders to connect with our leadership team. In 2024, our Chief Executive Officer and Chief Financial Officer attended a number of investor and industry conferences where we were able to engage with active managers of hedge funds and mutual funds who are investors or potential investors in HomeStreet. We also routinely attend ad hoc meetings with individual current or prospective investors.

#### Shareholder Interest in Sustainability Matters
Several of our larger investors have provided statements to the market and to their portfolio companies generally regarding matters relating to sustainability matters in recent years. These have often focused on issues of inclusion and belonging for boards of directors and senior management, concerns about addressing climate change and environmental issues and social justice and equality. While we have not engaged individually with our investors on these matters in any significant depth, we are aware of the issues many have raised.

Our N&G Committee, consistent with our Principles of Corporate Governance, continues to make inclusion and belonging a priority in identifying and considering potential director candidates. In addition, in 2020 the Washington State Legislature adopted a new law that applies to companies like ours that are incorporated in Washington providing that at least 25% of our Board must be comprised of individuals who identify as women for our Board to be considered “gender diverse”, and if we do not have a gender diverse board for at least 270 days of any year, we will be required to provide discussion and analysis to our shareholders regarding the Board’s approach to developing and maintaining inclusion and belonging on the Board. Our board is gender diverse, with 38% of our Board comprised of individuals who identify as women.

We have also listened to concerns raised generally by investors and proxy advisory firms regarding environmental issues such as climate change and sustainability. See the Corporate Governance — Sustainability Matters below for additional information.

#### Ongoing Shareholder Engagement
We encourage all of our shareholders to reach out to us with questions or comments they may have regarding our Company. We maintain an investor relations website at http://ir.homestreet.com and shareholders can reach our investor relations department by email at ir@homestreet.com;