Company: HPP
Filing Date: 2025-02-26
Form Type: POS AM
Source: 0001193125-25-035303
Chunk: 31

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-02-26
Form: POS AM
Chunk 31
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25.00 liquidation preference plus the amount of any accrued and unpaid dividends to, but not including, the Change of Control Conversion Date (unless the Change of  
 Control Conversion Date is after a record date for a series C preferred stock dividend payment and prior to the corresponding series C preferred stock dividend payment date, in which case no additional amount for such accrued and unpaid dividend 
 will be included in this sum) by (ii) the Common Stock Price (such quotient, the “Conversion Rate”); and                                                                                                                                              |

| • |     | 1.9121 (i.e., the Share Cap). |

subject, in each case, to provisions for the receipt of alternative consideration as described in the articles supplementary relating to the Series C preferred stock. The Share Cap is subject to pro rata adjustments for any share splits (including those effected pursuant to a distribution of our common stock), subdivisions or combinations (in each case, a “Share Split”) with respect to the Company’s common stock as follows: the adjusted Share Cap as the result of a Share Split will be the number of shares of the Company’s common stock that is equivalent to the product obtained by multiplying (i) the Share Cap in effect immediately prior to such Share Split by (ii) a fraction, the numerator of which is the number of shares of the Company’s common stock outstanding after giving effect to such Share Split and the denominator of which is the number of shares of the Company’s common stock outstanding immediately prior to such Share Split. 23

The “Change of Control Conversion Date” is the date the series C preferred stock is to be
converted, which will be a business day fixed by us that is no fewer than 20 days nor more than 35 days after the date on which the Company provides the notice described above to the holders of series C preferred stock.

The “Common Stock Price” will be (i) if the consideration to be received in the Change of Control by the holders of the Company’s common
stock is solely cash, the amount of cash consideration per share of the Company’s common stock or (ii) if the consideration to be received in the Change of Control by holders of the Company’s common stock is other than solely cash
(x) the average of the closing sale prices per share of the Company’s common stock (or, if no closing sale price is reported, the average of the closing bid and ask prices or, if more than one in either case, the average of the average
closing bid and the average closing ask prices) for