Company: HPP
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001193125-25-140284
Chunk: 34

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 424B5
Chunk 34
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ends” in the accompanying prospectus.

Constructive Distributions on Pre-FundedWarrants.A U.S. holder of Pre-Funded Warrants may, in some circumstances, be deemed to have received a distribution subject to U.S. federal income tax as a result of an

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adjustment or the non-occurrence of an adjustment to the exercise price or number of shares of common stock issuable upon exercise of such Pre-Funded Warrants. U.S. holders should consult their tax advisors regarding the proper treatment of any adjustments or the non-occurrence of an adjustment to Pre-Funded Warrants.

The following discussion, which relates solely to the Pre-FundedWarrants offered hereby, is included as a new section immediately preceding the heading “Federal Income Tax Considerations—Material U.S. Federal Income Tax Consequences to Holders of Our Capital Stock and Our Operating Partnership’s Debt Securities—Taxation of Non-U.S.Holders of Our Capital Stock—Capital Gain Dividends and Distributions Attributable to a Sale or Exchange of United States Real Property Interests” in the accompanying prospectus.

Constructive Distributions on Pre-FundedWarrants.A non-U.S. holder of Pre-Funded Warrants may, in some circumstances, be deemed to have received a
distribution subject to U.S. federal income tax as a result of an adjustment or the non-occurrence of an adjustment to the exercise price or number of shares of common stock issuable upon exercise of such Pre-Funded Warrants. Non-U.S. holders should consult their tax advisors regarding the proper treatment of any adjustments or the
non-occurrence of an adjustment to the Pre-Funded Warrants.

Prospective investors in the Pre-FundedWarrants should consult their tax advisors regarding the U.S. federal income and other tax consequences to them of the acquisition, ownership and disposition of the Pre-FundedWarrants offered by this prospectus supplement and the accompanying prospectus.

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UNDERWRITING BofA Securities, Inc., Wells Fargo Securities, LLC and RBC Capital Markets, LLC are acting as representatives of each of the underwriters named below. Subject to the terms and conditions set forth in an underwriting agreement among us, our operating partnership and the underwriters, we have agreed to sell to the underwriters, and each of the underwriters has agreed, severally and not jointly, to purchase from us, the number of shares of common stock and Pre-FundedWarrants set forth opposite its name below.