Company: CIO
Filing Date: 2025-08-22
Form Type: PREM14A
Source: 0001193125-25-186443
Chunk: 20

Company: City Office REIT, Inc.
Filing Date: 2025-08-22
Form: PREM14A
Chunk 20
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 Stock do not have appraisal rights, dissenters’ rights or the rights of an objecting stockholder under the MGCL in
connection with the Merger because such holders are not entitled to vote on the Merger Proposal.

Material U.S. Federal Income Tax Consequences (page 62)

The receipt of cash for each share of Common Stock pursuant to the Merger will be a taxable
transaction for U.S. federal income tax purposes. Generally, for U.S. federal income tax purposes, you will recognize gain or loss as a result of the Merger measured by the difference, if any, between the cash you receive and your adjusted tax basis
in your shares. In addition, under certain circumstances, we may be required to withhold a portion of your Common Stock Merger Consideration under applicable tax laws, including, in the case of non-U.S.
holders, pursuant to the Foreign Investment in Real Property Tax Act of 1980 (“FIRPTA”). Tax matters can be complicated, and the tax consequences of the Merger to you will depend on your particular tax situation. We encourage you to
consult your tax advisor regarding the tax consequences of the Merger to you.

For a more complete description of the material U.S. federal income tax
consequences of the Merger, see the section entitled “The Merger—Material U.S. Federal Income Tax Consequences of the Merger”.

Delisting and Deregistration of Shares of Our Common Stock and Preferred Stock (page 68)

If the Merger is completed, the
Common Stock and Preferred Stock will no longer be traded on the NYSE and will be deregistered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

11

QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING AND THE MERGER The following questions and answers address briefly some questions you may have regarding the Special Meeting and the Merger. These questions and answers may not address all questions that may be important to you as a stockholder. Please refer to the more detailed information contained elsewhere in this proxy statement, as well as the additional documents to which it refers or which it incorporates by reference, including the Merger Agreement, a copy of which is attached to this proxy statement as Annex A.

| Q: | What is the proposed transaction? |

| A: | The proposed transaction is the acquisition of the Company and its subsidiaries by affiliates of Elliott                                                                                                                                                  
 Investment Management L.P. and Morning Calm Management, LLC pursuant to the Mer