Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 32

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 32
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 statements. We caution that you should not place undue reliance on any of our forward-looking statements. You should specifically consider the factors identified in this
communication that could cause actual results to differ. Furthermore, new risks and uncertainties arise from time to time, and it is impossible for us to predict those events or how they may affect the Company.

19

PROPOSAL 1

MERGER PROPOSAL

We are asking our
stockholders to vote on a proposal to approve the Merger of the Company with and into Merger Sub in accordance with the terms of the Merger Agreement.

For detailed information regarding this proposal, see the information about the Merger and the Merger Agreement throughout this proxy statement, including the
information set forth under “The Merger” and “The Merger Agreement.” A copy of the Merger Agreement is attached as Annex A to this proxy statement.

Approval of the Merger Proposal requires the affirmative vote of the holders of a majority of the outstanding shares of our Common Stock entitled to vote on
the matter at the Special Meeting. If you properly authorize your proxy by mail, by telephone or through the Internet, but do not indicate instructions to vote your shares “FOR,” “AGAINST” or “ABSTAIN” on this Proposal 1, your shares will be voted in accordance with the recommendation of the Board, which is “FOR” this Proposal 1. Because the required vote for this proposal is based on the number of votes our stockholders are entitled to
cast rather than on the number of votes cast, failure to vote your shares (including failure to give voting instructions to your broker, bank or other nominee) and abstentions will have the same effect as voting “AGAINST” the Merger
Proposal.

Approval of this proposal is a condition to the completion of the Merger. In the event this proposal is not approved, the Merger cannot be
completed.

Recommendation of the Board of Directors

The Board unanimously recommends that our stockholders vote “FOR” the Merger Proposal.

20

PROPOSAL 2

ADVISORY COMPENSATION PROPOSAL

Pursuant
to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and Rule 14a-21(c) under the Exchange Act, we are asking our stockholders to vote at the Special Meeting on an advisory basis regarding
the compensation that may be paid or become payable to our named executive officers that is based on or otherwise relates to the Merger. Information intended to comply