Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 98

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 98
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         | 2,769,291 |     | $     | 3,729,362 |
| Anthony Maretic         |     | $             | 433,202 |     | $         | 1,228,549 |     | $     | 1,661,751 |

For further details regarding the value of accelerated compensatory awards, see “-Treatment of Compensatory Awards” above.

| (2) | Includes accelerated vesting as of immediately prior to the Effective Time of the outstanding RSU Awards and                                                                                                                                             
 PSU Awards held by each named executive officer. This accelerated vesting is a “single trigger” benefit and becomes payable as of the Effective Time. For more details regarding treatment of outstanding RSU Awards and PSU Awards in                   
 connection with the Merger, see the section entitled “-Interests of Our Directors and Executive Officers in the Merger.” In the case of the PSU Awards, as of the date hereof, the estimated dollar values assume (i) that PSU Awards granted            
 in 2023 will vest at 78% of the target number of shares of Common Stock underlying such PSU Awards, (ii) that PSU Awards granted in 2024 will vest at 150% of the target number of shares of Common Stock underlying such PSU Awards, and (iii) that PSU 
 Awards granted in 2025 will vest at 150% of the target number of shares of Common Stock underlying such PSU Awards. The actual level of achievement and the applicable payout factor of the PSU Awards will be measured in accordance with the terms of  
 the applicable awards over the truncated performance period ending immediately prior to the Closing Date and may be more or less than reflected.                                                                                                         |

| (3) | Consists of the estimated cost to provide for health and welfare benefits continuation for a period of 12                                                                                                                                     
 months after each named executive officer’s termination. The health and welfare continuation benefits are “double trigger,” and are payable, subject to the named executive officer’s signing and not revoking a release of                   
 claims, upon the named executive officer’s termination in connection with the Merger. For more details regarding this health and welfare benefit, see the section entitled “-Interests of Our Directors and Executive Officers in the Merger. |

Regulatory Matters We are unaware of any material federal, state or foreign regulatory requirements or approvals that are required for the execution of the Merger Agreement or the completion of the Merger, other than the acceptance for record of the Articles of Merger with respect