Company: HPP
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-038079
Chunk: 113

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 113
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 | ​ |        — | ​ | ​ |
| ​ | One-time straight-line rent reserve—HPP’s share                                     | ​ | ​ | ​                       | ​ |    3,871 | ​ | ​ | ​ | ​    | ​ |        — | ​ | ​ |
| ​ | One-time gain on debt extinguishment                                                | ​ | ​ | ​                       | ​ |        — | ​ | ​ | ​ | ​    | ​ |  -10,000 | ​ | ​ |
| ​ | One-time tax impact of gain on debt extinguishment                                  | ​ | ​ | ​                       | ​ |        — | ​ | ​ | ​ | ​    | ​ |    2,751 | ​ | ​ |
| ​ | FFO (excluding specified items) to common stockholders and unitholders              | ​ | ​ | ​                       | $ |   77,410 | ​ | ​ | ​ | ​    | $ |  129,797 | ​ | ​ |
| ​ | Weighted average common stock/units outstanding—diluted                             | ​ | ​ | ​                       | ​ |  145,603 | ​ | ​ | ​ | ​    | ​ |  144,552 | ​ | ​ |
| ​ | FFO per common stock/unit—diluted                                                   | ​ | ​ | ​                       | $ |    -0.28 | ​ | ​ | ​ | ​    | $ |     0.90 | ​ | ​ |
| ​ | FFO (excluding specified items) per common stock/unit—diluted                       | ​ | ​ | ​                       | $ |     0.53 | ​ | ​ | ​ | ​    | $ |     0.90 | ​ | ​ |

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TABLE OF CONTENTS

| ​ | HUDSON PACIFIC PROPERTIES, INC. 
 Proxy Statement  |  2025        | ​ | ​ |     | ​ |

The following table presents our FFO for the first, second, third and fourth quarters of 2024 and a reconciliation of net loss to FFO, excluding specified items (in thousands, except per share amounts):

| ​ 
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 ​ | ​ 
 ​ | QUARTER 
 Q1 2024 |   |         |   | ​ | ​ | Q2 2024 |   |         |   | ​ | ​ |