Company: CIO
Filing Date: 2025-08-22
Form Type: PREM14A
Source: 0001193125-25-186443
Chunk: 119

Company: City Office REIT, Inc.
Filing Date: 2025-08-22
Form: PREM14A
Chunk 119
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 that would restrict or limit, in any material respect, the operations of the Company or any of its Subsidiaries; |

| • |     | take any action that would, or fail to take any action, the failure of which to be taken would, reasonably be                                                                                                                
 expected to cause (i) the Company to fail to qualify as a REIT, or (ii) any subsidiary of the Company to cease to be treated as any of (A) a partnership or disregarded entity for U.S. federal income tax purposes or (B) a 
 Qualified REIT subsidiary, a Taxable REIT subsidiary or a REIT under the applicable provisions of Section 856 of the Code, as the case may be;                                                                               |

| • |     | enter into or modify in a manner adverse to the Company or Parent or their respective Subsidiaries any Tax                                                                                    
 Protection Agreement applicable to the Company or any subsidiary of the Company, make, change or rescind any income or other material election relating to Taxes, change a material method of |

78

| Tax accounting, file any federal income Tax Return (except to the extent prepared in a manner in accordance with past practice, except as required by applicable Law) or amend any income Tax                                                           
 Return, settle or compromise any material federal, state, local or foreign Tax liability, audit, claim, assessment or dispute, enter into any closing agreement related to Taxes, surrender any right to claim any Tax refund, or request or consent to 
 any extension or waiver of the limitation period applicable to any Tax claim or assessment;                                                                                                                                                             |

| • |     | take any action that would, or fail to take any action, the failure of which to be taken would, reasonably be     
 expected to cause any of the Company Properties to be in violation of any applicable Law or Property Requirement; |

| • |     | take any action (or omit to take any action) if such action (or omission) could reasonably be expected to result 
 in any of the conditions to the Merger not being satisfied; or                                                   |

| • |     | authorize any of, or commit, resolve or agree to take any of, the foregoing actions. |

Notwithstanding the foregoing, nothing contained in the Merger Agreement shall give to Parent or Merger Sub, directly or indirectly, rights to control or direct the operations of the Company or its Subsidiaries prior to the Effective Time. Stockholders Meeting Under the Merger Agreement, we are required to use commercially reasonable efforts, as promptly as