Company: HPP
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001193125-25-140284
Chunk: 17

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 424B5
Chunk 17
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ISK FACTORS Investing in any securities offered pursuant to this prospectus supplement and the accompanying prospectus involves risks. You should carefully consider the following risks, the risks described in the Annual Report on Form 10-Kof Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. for the year ended December 31, 2024, as well as the other information and data set forth in this prospectus supplement, the accompanying prospectus and the documents incorporated by reference herein and therein before making an investment decision with respect to our securities. The occurrence of any of the following risks could materially and adversely affect our business, prospects, financial condition, results of operations and our ability to make cash distributions to our stockholders, which could cause you to lose all or a part of your investment in our common stock. Some statements in this prospectus supplement, including statements in the following risk factors, constitute forward-looking statements. See “Forward-Looking Statements.” Risks Related to this Offering The per share trading price and trading volume of our common stock may be volatile following this offering. The per share trading price of our common stock, and therefore the value of the shares underlying the Pre-FundedWarrants, may be volatile. In addition, the trading volume in our common stock may fluctuate and cause significant price variations to occur. If the per share trading price of our common stock declines significantly, you may be unable to resell your shares (including any shares received upon exercise of the Pre-FundedWarrants) at or above the purchase price. We cannot assure you that the per share trading price of our common stock will not fluctuate or decline significantly in the future. Some of the factors that could negatively affect our share price or result in fluctuations in the price or trading volume of our common stock include:

| • |     | actual or anticipated variations in our quarterly operating results or dividends; |

| • |     | changes in our funds from operations or earnings estimates; |

| • |     | publication of research reports about us or the real estate industry; |

| • |     | prevailing interest rates; |

| • |     | the market for similar securities; |

| • |     | changes in market valuations of similar companies; |

| • |     | adverse market reaction to any additional debt we may incur in the future; |

| • |     | additions or departures of key management personnel; |

| • |     | actions by institutional stockholders; |

| • |     | speculation in the press or investment community;