Company: CIO
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052437
Chunk: 50

Company: City Office REIT, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 50
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 with Rule 10D-1under the Exchange Act, the Company’s Board of Directors adopted the Clawback 36

Policy that requires the Company to recoup any cash bonus awarded and any equity-based awards granted to the Named Executive Officers pursuant to the EIP during a specified look-back period in the event that the Company is required to restate its financial statements due to material noncompliance with any financial reporting requirement under federal securities laws. This remedy would be in addition to, and not in lieu of, any actions imposed by law enforcement agencies, regulators or other authorities. Stock Ownership Policy The Company’s Board of Directors adopted the Stock Ownership Policy for our NEOs and independent directors. This policy requires that each of our independent directors achieve ownership of our common stock having an aggregate value of at least three times his or her total annual base compensation in effect as of the date he or she first became an independent director prior to the fifth anniversary of the date he or she was first elected or appointed an independent director. In addition, we adopted a policy requiring each of our NEOs to achieve ownership of our common stock having an aggregate value of a certain multiple of the executive’s annual base salary. Such multiples are as follows:

| Position                                         |     | Multiple |    |
| Chief Executive Officer                          |     |          | 4x |
| Chief Operating Officer and President            |     |          | 3x |
| Chief Financial Officer, Secretary and Treasurer |     |          | 3x |

Say-on-PayVote Results At the Company’s 2024 Annual Meeting, over 81% of the votes cast supported the Company’s approval, on an advisory basis, of the compensation for the NEOs for 2023, or the “say-on-pay”vote. Given this strong support, the Board of Directors and the Compensation Committee did not implement any significant changes to the Company’s compensation programs in 2024. The Board of Directors and the Compensation Committee will continue to consider the outcome of future say-on-payvotes, as well as stockholder feedback received throughout the year, in determining the appropriate compensation techniques and levels to be utilized by the Company. Say-on-FrequencyVote Results At our 2020 Annual Meeting, we asked our stockholders to approve, on an advisory basis, the frequency of future advisory votes on executive compensation every “one year,” or the “say-on-frequency”vote. Our stockholders approved holding an advisory vote on executive compensation every “one year,” with approximately 85% of the votes cast voting in