Company: CIO
Filing Date: 2025-08-22
Form Type: PREM14A
Source: 0001193125-25-186443
Chunk: 65

Company: City Office REIT, Inc.
Filing Date: 2025-08-22
Form: PREM14A
Chunk 65
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 GAAP. The SEC rules that would otherwise require a reconciliation of a non-GAAPfinancial measure to the most directly comparable financial measure calculated and presented in accordance with GAAP do not apply to non-GAAPfinancial measures included in a disclosure relating to a proposed business combination such as the Merger if the disclosure is included in a document such as this proxy statement. In addition, reconciliations of non-GAAPfinancial measures were not relied upon by the Board in connection with its evaluation of the Merger or by either JLL Securities and Raymond James for purposes of its financial analyses and opinion. Accordingly, we have not provided a reconciliation of the non-GAAPfinancial measures included in the financial projections to the most directly comparable GAAP financial measures. Non-GAAPfinancial measures should not be considered in isolation from, or as a substitute for, financial information calculated and presented in accordance with GAAP, and non-GAAPfinancial measures as used by us may not be comparable to similarly titled amounts used by other companies. Accordingly, these non-GAAPfinancial measures should be considered together with, and not as an alternative to, financial measures calculated and presented in accordance with GAAP. The financial projections should be evaluated, if at all, in conjunction with the historical financial statements and other information contained in our public filings with the SEC. The financial projections do not take into account any circumstances or events occurring after the date they were prepared, including the Merger. Further, the financial projections do not take into account the effect of any failure of the Merger to be consummated and should not be viewed as accurate or continuing in that context. Financial Projections The following table summarizes the financial projections of the Company that were provided to the Board in connection with the evaluation of a possible transaction. The following financial projections were also provided to JLL Securities and Raymond James by us for use in connection with their financial analyses and the opinions rendered to the Board (summarized under the section entitled “-Opinions of Our Financial Advisors” below). The following table presents a summary of the financial projections:

| (amounts in thousands)                                 |     | Stub     
 3Q-4Q’25 |        |   |     | CY’26      
 12/31/2026 |        |   |     | CY’27      
 12/31/2027 |        |   |     | CY’28      
 12/31/2028 |        |   |     | CY’29      
 12/31/2029 |        |