Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 143

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 143
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| • |     | (i) prior to receipt of the required Company Stockholder Approval, the Board has effected an Adverse 
 Recommendation Change, or (ii)                                                                       
 we or any of our subsidiaries enters into any Alternative Acquisition Agreement.                     |

Termination Fees Company Termination Fee We have agreed to pay Parent a termination fee of $16 million (the “Company Termination Fee”), if:

| • |     | we terminate the Merger Agreement pursuant to the provision described in the second bullet in the section 
 entitled “The Merger Agreement—Termination of the Merger Agreement—Termination by the Company”;           |

| • |     | Parent terminates the Merger Agreement pursuant to the provision described in the second bullet in the section 
 entitled “The Merger Agreement—Termination of the Merger Agreement—Termination by Parent”; or                  |

| • |     | All of the following requirements are satisfied; |

| • |     | we or Parent validly terminate the Merger Agreement pursuant to the provision described in the first bullet in                                                                                                                   
 the section entitled “The Merger Agreement—Termination of the Merger Agreement—Termination by Either the Company or Parent” (and at the time of such termination we are not able to terminate the Merger Agreement pursuant to   
 the provision described in the third bullet in the section entitled “The Merger Agreement—Termination of the Merger Agreement—Termination by the Company” or the provision described in the third bullet in the section entitled 
 “The Merger Agreement—Termination of the Merger Agreement—Termination by Either the Company or Parent”), or Parent validly terminate the Merger Agreement pursuant to the provision described in the first bullet in the section 
 entitled “The Merger Agreement—Termination of the Merger Agreement—Termination by Parent”; and                                                                                                                                   |

| • |     | (1) a third party has made an Acquisition Proposal to us or our representatives or has publicly proposed or 
 made (or publicly announced an intention, whether or not conditional, to make) an                           |

91

| Acquisition Proposal (and in the case of a termination pursuant to the provision described in the third bullet in the section entitled “The Merger Agreement—Termination of the Merger                                                               
 Agreement—Termination by Either the Company or Parent,” such Acquisition Proposal or publicly proposed or announced intention was made prior to the date of the Special Meeting (including any adjournments and postponements thereof)), and         
 (2) within 12