Company: HPP
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001193125-25-140284
Chunk: 77

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 424B5
Chunk 77
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 However, unless full cumulative dividends on the series C preferred stock for all past dividend periods have been, or contemporaneously are, paid or an amount in cash sufficient for the payment thereof is set apart, no shares of series C preferred stock may be redeemed unless all outstanding shares of series C preferred stock are simultaneously redeemed. The Company may also redeem shares of series C preferred stock from time to time for cash at a redemption price of $25.00 per share, plus all accrued and unpaid dividends thereon (whether or not authorized or declared) up to but excluding the date fixed for redemption (other than any dividend with a record date before the applicable redemption date and a payment date after the applicable redemption date, which will be paid on the payment date notwithstanding prior redemption of such shares), without interest, if the Company’s board of directors has determined that such redemption is necessary to preserve the Company’s status as a REIT. Any partial redemption will be pro rata or by lot as determined by the Company. Special Optional Redemption Upon the occurrence of a Change of Control (as defined below), the Company may, at its option, redeem the series C preferred stock, in whole or in part within 120 days after the first date on which such Change of Control 22

occurred, by paying $25.00 per share, plus any accrued and unpaid dividends to, but not including, the date of redemption. If, prior to the Change of Control Conversion Date (as defined below), the Company has exercised any of its redemption rights with respect to the series C preferred stock (whether pursuant to its optional redemption right or its special optional redemption right), the holders of series C preferred stock will not have the conversion right described below under “Description of Preferred Stock—Series C Preferred Stock—Conversion Rights.” A “Change of Control” is when each of the following have occurred and are continuing:

| • |     | the acquisition by any person, including any syndicate or group deemed to be a “person” under                                                                                                                                                       
 Section 13(d)(3) of the Exchange Act, of beneficial ownership, directly or indirectly, through a purchase, merger or other acquisition transaction or series of purchases, mergers or other acquisition transactions of stock of the Company        
 entitling that person to exercise more than 50% of the total voting power of all stock of the Company entitled to vote generally in the election of the Company’s directors (except that such person will be deemed to have beneficial ownership of 
 all securities that such person has the right to acquire, whether