Company: MCHB
Filing Date: 2025-04-15
Form Type: DEF 14A
Source: 0001518715-25-000066
Chunk: 47

Company: Mechanics Bancorp
Filing Date: 2025-04-15
Form: DEF 14A
Chunk 47
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 for Better Entrepreneurship at the University of Washington Tacoma. He also serves on the Government Relations Committee for the Washington Bankers Association.

Darrell S. van Amen, Executive Vice President, Chief Investment Officer and Treasurer of HomeStreet, Inc . and HomeStreet Bank. Mr. van Amen joined HomeStreet Bank in 2003 and since 2010 has served as Executive Vice President and Treasurer of HomeStreet Bank and since 2012 as Executive Vice President and Chief Investment Officer and Treasurer of the Company. Prior to his current position with HomeStreet Bank, he was the Vice President, Asset/Liability Manager and Treasurer of HomeStreet Bank and the Company from 2003 to 2010. Mr. van Amen is also a director of Habitat for Humanity Seattle/King County and serves on the Seattle University Advisory Board. He holds a bachelor’s degree in economics from Weber State University and a master’s degree in economics from Claremont Graduate University.

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#### 2024 EXECUTIVE COMPENSATION PROGRAM

#### Base Salary
Base salary represents annual fixed compensation and is a standard element of compensation necessary to attract and retain executive leadership talent. In making base salary decisions, the Compensation Committee considers the CEO’s recommendations, as well as each NEO’s position and level of responsibility within the Company. The Compensation Committee also takes into account factors such as the NEO’s individual performance, experience, contributions and length of service, and relevant market data. The Compensation Committee determined the appropriate annual base salary rate, effective March 2024, for each NEO as follows:

| NEO                 |     | 2024 BaseSalary                      ($)(1) |         |     | 2023 BaseSalary                 ($)(2) |         |     | %Adjustment |     |   |
| Mark K. Mason       |     |                                             | 855,088 |     |                                        | 830,180 |     |             | 3.0 | % |
| John M. Michel      |     |                                             | 489,398 |     |                                        | 475,150 |     |             | 3.0 | % |
| William D. Endresen |     |                                             | 430,300 |     |                                        | 417,768 |     |             | 3.0 | % |

(1) This is the base salary in effect as of March 4, 2024

(2) This is the base salary in effect as of March 6, 2023

####