Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 14

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 14
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and outside legal advisors, that such acquisition proposal constitutes, or could reasonably be expected to lead to, a Superior Proposal (as defined below in the section entitled “The Merger Agreement—No Solicitation of Acquisition
Proposals”) and (3) the Board determines in good faith (after consultation with outside counsel) that the failure to take the actions referred to in clauses (A) or (B) below would reasonably be expected to result in a breach of its fiduciary
duties under applicable law, then we and our representatives may (A) enter into an acceptable confidentiality agreement with such third party and/or its representatives and, pursuant to an acceptable confidentiality agreement, furnish

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non-publicinformation, and afford access to the books or records or officers of the acquired companies, to such third party and its representatives and (B) engage in discussions and negotiations with such third party and its representatives with respect to the acquisition proposal; providedthat (i) we provide Parent a non-redactedcopy of each confidentiality agreement the Company has executed; and (ii) that any non-publicinformation provided to any such third-party shall have been previously provided to Parent or shall be provided to Parent prior to or concurrently with the time it is provided to such third party. Under certain circumstances and after following certain procedures and adhering to certain restrictions, we are permitted to terminate the Merger Agreement if the Board approves, and substantially concurrently with the termination of the Merger Agreement, we enter into an alternative acquisition agreement providing for the implementation of a Superior Proposal (provided that such termination will not be effective until we have paid the Company Termination Fee (as described below in the section entitled “The Merger Agreement—Termination Fees—Company Termination Fee”)). Conditions to the Merger (page 88) Completion of the Merger depends upon the satisfaction or, to the extent permitted by law, waiver of a number of conditions, including, among others, that:

| • |     | the required Company Stockholder Approval has been obtained; |

| • |     | the absence of any law, statute, ordinance, rule, code, regulation, injunction, judgment, order, decree or other 
 legally enforceable requirement restraining, prohibiting or making illegal the consummation of the Merger;       |

| • |     | the receipt of certain third party consents; |

| • |     | we, Parent and Merger Sub must have performed in all material respects all obligations required to be performed 
 by us and them under the Merger Agreement