Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 120

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 120
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 leases pursuant to which the Pool Property Owners or any of their Affiliates is the lessee, conditional sales
agreements, title retention agreements, liens or other monetary encumbrances except Permitted Liens.

§15.4
Financial Statements. REIT Guarantor has furnished to Agent: (a) the consolidated balance sheet of REIT Guarantor and its Subsidiaries as of the Balance Sheet Date and the related consolidated statement of income and cash flow for the most
recent period then ended (and available) certified by an Authorized Officer or the chief financial or accounting officer of REIT Guarantor, (b) as of the Closing Date, an unaudited statement of Net Operating Income for each of the Pool
Properties (if any) for the most recent period then ended (and available) certified by the chief financial or accounting

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officer of Borrower as fairly presenting in all material respects the Net Operating Income
for such parcels for such periods, and (c) certain other financial information relating to the Borrower and the Real Estate (including, without limitation, the Pool Properties). Such balance sheet and statements have been prepared in accordance
with generally accepted accounting principles and fairly present in all material respects the consolidated financial condition of the REIT Guarantor and its Subsidiaries as of such dates and the consolidated results of the operations of the REIT
Guarantor and its Subsidiaries for such periods.

§15.5 No Material Changes. Since the later of Balance Sheet
Date or the date of the most recent financial statements delivered pursuant to §7.4, as applicable, except as otherwise disclosed to Agent, there has occurred no materially adverse change in the financial condition, management, or business of
the Borrower, and their respective Subsidiaries taken as a whole as shown on or reflected in the consolidated balance sheet of the REIT Guarantor as of the Balance Sheet Date, or its consolidated statement of income or cash flows for the calendar
year then ended, other than changes that have not and could not reasonably be expected to have a Material Adverse Effect. As of the date hereof, except as set forth on hereto, there has occurred no materially adverse change in
the financial condition, prospects, operations or business activities of any of the Pool Properties from the condition shown on the statements of income delivered to the Agent pursuant to §6.4 other than changes in the ordinary course of
business that have not had a Material Adverse Effect.

§15