Company: HPP
Filing Date: 2025-02-26
Form Type: POS AM
Source: 0001193125-25-035303
Chunk: 32

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-26
Form: POS AM
Chunk 32
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 the ten consecutive trading days immediately preceding, but not including, the effective date of the Change of Control as reported on the principal U.S. securities exchange on which the
Company’s common stock is then traded, or (y) the average of the last quoted bid prices for the Company’s common stock in the over-the-counter market as
reported by OTC Markets Group, Inc. or similar organization for the ten consecutive trading days immediately preceding, but not including, the effective date of the Change of Control, if the Company’s common stock is not then listed for trading
on a U.S. securities exchange.

If, prior to the Change of Control Conversion Date, the Company provided or provides a redemption notice, whether
pursuant to its special optional redemption right in connection with a Change of Control or its optional redemption right, holders of series C preferred stock will not have any right to convert the series C preferred stock into shares of the common
stock in connection with the Change of Control and any shares of series C preferred stock selected for redemption that have been tendered for conversion will be redeemed on the related date of redemption instead of converted on the Change of Control
Conversion Date.

Except as provided above in connection with a Change of Control, the series C preferred stock is not convertible into or exchangeable
for any other securities or property.

No Maturity, Sinking Fund or Mandatory Redemption

The series C preferred stock has no maturity date and the Company not required to redeem the series C preferred stock at any time. Accordingly, the series C
preferred stock will remain outstanding indefinitely, unless the Company decides, at its option, to exercise its redemption right or, under circumstances where the holders of the series C preferred stock have a conversion right, such holders convert
the series C preferred stock into the Company’s common stock. The series C preferred stock is not subject to any sinking fund.

Limited Voting Rights

Holders of series C preferred stock generally have no voting rights. However, if the Company is in arrears on dividends on the series C
preferred stock for six or more quarterly periods, whether or not consecutive, holders of the series C preferred stock and the holders of all other classes or series of parity preferred stock upon which like voting rights have been conferred and are
exercisable, voting together as a single class, will be entitled to vote at a special meeting called upon the written request of at least 10% of the holders of outstanding shares of series C preferred stock and holders of all other classes or series
of parity