Company: MCHB
Filing Date: 2025-07-15
Form Type: S-4/A
Source: 0001140361-25-025920
Chunk: 49

Company: Mechanics Bancorp
Filing Date: 2025-07-15
Form: S-4/A
Chunk 49
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**Committees of the Combined Company Board of Directors Following the Merger**

The HomeStreet board of directors has an established standing executive committee, audit committee, compensation committee, enterprise risk management committee, and nominating and governance committee, each of which operate pursuant to a charter adopted by the HomeStreet board of directors. After completion of the merger, the combined company’s board of directors will continue to have such standing committees, other than the executive committee. Because the combined company will be a “controlled company” under the corporate governance standards of NASDAQ or the NYSE, the combined company is not required to have a compensation committee composed of independent directors or a nominating and corporate governance committee composed of independent directors.

### Management of the Combined Company after the Merger
HomeStreet and Mechanics have announced members of the resulting executive management team of the combined company will consist of certain current executive officers of HomeStreet or Mechanics. For more information, see the sections entitled “ Management Following the Merger ” and “ The Merger—Governance of the Combined Company Following the Merger—Management of the Combined Company After the Merger .”

#### Name and Headquarters
The merger agreement, the amended and restated articles and the amended and restated bylaws provide that the names of the combined company and the surviving bank will be Mechanics Bancorp and Mechanics, 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.

#### Regulatory Approvals (page164)
Subject to the terms of the merger agreement, HomeStreet and Mechanics have agreed to cooperate with each other and use their 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 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 governmental entities. As of the date of this proxy statement/prospectus/consent solicitation statement, all initial bank-regulatory applications, notices, petitions and filings in respect of the requisite regulatory approvals have been made. These approvals include, among others, the approval of the Board of Governors of the Federal Reserve System (the “Federal Reserve”), the FDIC, the CDFPI and the Washington State Department of Financial Institutions, Division of