Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 140

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 140
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 the date hereof and as of the closing date as if made at and as of the closing date (except to the extent that any such representation and warranty expressly speaks as of an earlier date, in which case such representation and warranty must be true 
 and correct in all material respects only as of such earlier date);                                                                                                                                                                                     |

| • |     | each of Parent and Merger Sub must have performed in all material respects all obligations required to be 
 performed by it under the Merger Agreement on or prior to the closing date; and                           |

| • |     | we must have received at the closing a certificate signed on behalf of Parent by an executive officer of Parent 
 certifying that the conditions specified in the first and second bullet points above have been satisfied.       |

Termination of the Merger Agreement We and Parent may mutually agree to terminate the Merger Agreement and abandon the Merger at any time prior to the Effective Time, even after we have obtained the required Company Stockholder Approval. Termination by Either the Company or Parent In addition, we, on the one hand, or Parent, on the other hand, may terminate the Merger Agreement upon notice to the other party at any time prior to the Effective Time (with respect to the first two bullets below, even after we have obtained the required Company Stockholder Approval), if:

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| whose failure (and in the case of Parent, the failure of Merger Sub) to perform any covenant or obligation under the Merger Agreement has been the primary factor that resulted in, the failure of 
 the Merger to be consummated by the Outside Date;                                                                                                                                                  |

| • |     | any governmental authority of competent jurisdiction has issued a judgment, order, injunction, rule or decree                                                                                                                             
 that has the effect of permanently restraining, enjoining, rendering illegal or otherwise prohibiting consummation of the Merger and such law or governmental order has become final and non-appealable                                   
 provided, however, that the right to terminate the Merger Agreement pursuant to this bullet may not be exercised by any party to the Merger Agreement whose failure (and in the case of Parent, the failure of Merger Sub) to perform any 
 covenant or obligation under the Merger Agreement has been the has been the primary cause of, or the primary factor that resulted in the issuance of such judgment, order, injunction, rule or decree; or                                 |

| • |     | the Special Meeting (including any adjournments and postponements thereof) has been held