Company: MCHB
Filing Date: 2025-07-03
Form Type: S-4
Source: 0001140361-25-024872
Chunk: 16

Company: Mechanics Bancorp
Filing Date: 2025-07-03
Form: S-4
Chunk 16
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 respect to the merger, the HomeStreet special meeting or the Mechanics consent solicitation. See the section entitled “Where You Can Find More Information” for additional information. Questions and Answers for HomeStreet and Mechanics Shareholders

| Q: | Why am I receiving this proxy statement/prospectus/consent solicitation statement? |

In order to complete the merger, among other things:

| • | Mechanics shareholders must approve (such approval, the “requisite Mechanics shareholder approval”) the merger agreement and the transactions contemplated thereby, including the merger, and the principal terms thereof, which proposal we refer to as the “Mechanics merger proposal”; and |

| • | HomeStreet shareholders must approve (such approvals, the “requisite HomeStreet shareholder approval”) (a) a proposal to amend the HomeStreet articles, in the form attached asAnnex Bto the proxy statement/prospectus/consent solicitation statement, to, among other things (i) change the name of HomeStreet from “HomeStreet Inc.” to “Mechanics Bancorp”, (ii) increase the number of authorized shares of HomeStreet common stock from 160,000,000 to 1,900,000,000 and HomeStreet preferred stock from 10,000 to 120,000, and (iii) authorize the issuance of two (2) classes of HomeStreet common stock, 1,897,500,000 shares of which will be designated Class A common stock, no par value, and 2,500,000 shares of which will be designated Class B common stock, no par value (such amendment, the “articles amendment” and such proposal, the “HomeStreet articles amendment proposal”); and (b) a proposal to approve the issuance of shares of HomeStreet common stock required in connection with the merger, which will represent (i) more than 20% of the shares of HomeStreet common stock outstanding immediately prior to the merger and (ii) a change of control pursuant to applicable exchange listing rules (including, as applicable, Nasdaq Listing Rules 5635(a) and 5635(b) and Sections 312.03(c) and 3.12.03(d) of the New York Stock Exchange Listed Company Manual) (the “share issuance,” and such proposal, the “HomeStreet share issuance proposal”). |

HomeStreet shareholders will be further asked to consider and vote on:

| • | a proposal to approve and adopt the HomeStreet 2025 Equity Incentive Plan, which proposal we