Company: CIO
Filing Date: 2025-08-22
Form Type: PREM14A
Source: 0001193125-25-186443
Chunk: 137

Company: City Office REIT, Inc.
Filing Date: 2025-08-22
Form: PREM14A
Chunk 137
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 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 and completed and our                                                                                                                                           
 Common Stockholders have voted on a proposal to approve the Merger and the Merger has not been approved at the Special Meeting (and has not been approved at any adjournment or postponement of the Special Meeting) by the required Company Stockholder 
 Approval.                                                                                                                                                                                                                                                |

Termination by the Company We may also terminate the Merger Agreement by written notice to Parent at any time prior to the Effective Time, even after we have obtained the required Company Stockholder Approval (except as otherwise specified below), if:

| • |     | (i) there is any breach by Parent or Merger Sub of any representation, warranty, covenant or agreement of Parent                                                                                                                                     
 or Merger Sub set forth in the Merger Agreement that would give rise to the failure of any closing condition relating to their representations, warranties, covenants or agreements, (ii) we have delivered written notice to Parent of such breach, 
 and (iii) such breach cannot or be or has not been cured by Parent or Merger Sub on or before the earlier of (a) the third Business Day prior to the Outside Date and (b) the date that is 30 calendar days following the date of our                
 delivery of such written notice to Parent; provided, however, that we do not have the right to terminate the Merger Agreement pursuant to this bullet if we are then in breach of any of our covenants or obligations under the Merger Agreement;    |

| • |     | prior to receipt of the required Company Stockholder Approval, the Board has effected an Adverse Recommendation                                                                                                                              
 Change in order to enter into a definitive agreement with respect to a Superior Proposal; provided that we have complied with the requirements described below in the sections entitled “The Merger Agreement—No Solicitation of Acquisition 
 Proposals” and “The Merger Agreement—Obligation of Our Board of Directors with Respect to Its Recommendation,” simultaneously such termination, we enter into the Alternative Acquisition Agreement with respect to such Superior            
 Proposal and prior to or concurrently pay the Company Termination Fee