Company: HPP
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-038079
Chunk: 40

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 40
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 compensate our directors for the time and effort necessary to serve on the Board. 2024 DIRECTOR COMPENSATION PROGRAM The 2024 Director Compensation Program consists of the components listed below:

| ​ | Annual Cash Retainer(1)                | ​ | ​ | ​ | $ |  70,000 | ​ | ​ |
| ​ | Additional Cash Retainers(1):          | ​ | ​ | ​ | ​ |       ​ | ​ | ​ |
| ​ | Lead Independent Director              | ​ | ​ | ​ | $ |  35,000 | ​ | ​ |
| ​ | Chair of the Audit Committee           | ​ | ​ | ​ | $ |  25,000 | ​ | ​ |
| ​ | Chair of the Compensation Committee    | ​ | ​ | ​ | $ |  15,000 | ​ | ​ |
| ​ | Chair of the Governance Committee      | ​ | ​ | ​ | $ |  12,500 | ​ | ​ |
| ​ | Chair of the Sustainability Committee  | ​ | ​ | ​ | $ |   7,500 | ​ | ​ |
| ​ | Member of the Audit Committee          | ​ | ​ | ​ | $ |  12,500 | ​ | ​ |
| ​ | Member of the Compensation Committee   | ​ | ​ | ​ | $ |   7,500 | ​ | ​ |
| ​ | Member of the Governance Committee     | ​ | ​ | ​ | $ |   7,500 | ​ | ​ |
| ​ | Member of the Sustainability Committee | ​ | ​ | ​ | $ |   5,000 | ​ | ​ |
| ​ | Annual equity award value(2)           | ​ | ​ | ​ | $ | 120,000 | ​ | ​ |

(1) Paid in quarterly installments in arrears. (2) Valued on the date of grant and vests in three equal installments. We also reimburse each of our non-employee directors for travel expenses incurred in connection with attendance at full Board and committee meetings. In accordance with our 2010 Plan, the maximum aggregate value of cash compensation and equity-based awards granted to any non-employee director during any calendar year is $500,000. Ownership Guidelines We have stock ownership guidelines for our non-employee directors, which require them to hold a number of shares of Company stock having a market value equal to or greater than four times their annual cash retainer. Non- employee