Mechanics Bancorp (MCHB) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order by the Executive Chairman, with administrative procedures and participation rules outlined.

• Corporate Secretary and independent inspector of elections introduced, with confirmation of quorum and meeting notice procedures.

Shareholder proposals

• Three proposals presented: election of eight Directors, advisory vote on executive compensation for 2025, and ratification of Crowe LLP as independent auditor for 2026.

• All nominees and proposals were duly introduced and nominations for Directors declared closed.

Overview of voting outcomes

• Voting procedures explained, with polls opened and closed during the meeting; proxies and ballots counted by the inspector of elections.

• Quorum confirmed, allowing business to proceed.