Company: CIO
Filing Date: 2025-08-15
Form Type: DEFA14A
Source: 0001193125-25-181889
Chunk: 25

Company: City Office REIT, Inc.
Filing Date: 2025-08-15
Form: DEFA14A
Chunk 25
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 of the members of the Board then in office;

(b)
Any Person (including a Person’s Affiliates and associates) or group (as that term is understood under Section 13(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the rules and
regulations thereunder), shall have acquired beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of a percentage (based on voting power, in the event different classes of stock or voting interests shall have different
voting powers) of the voting stock or voting interests of the REIT Guarantor equal to at least twenty percent (20%) who did not hold such beneficial ownership as of the date of this Agreement;

(c) the REIT Guarantor shall fail to own at least fifty five percent (55%) of the limited partner Equity
Interests of the Borrower and own and control the general partner of Borrower, shall fail to own such interests in Borrower free of any lien, encumbrance or other adverse claim, or shall fail to control (along with City Office Real Estate
Management, Inc., through an advisory agreement) the management and policies of Borrower;

10

(d) Any Credit Party consolidates with, is acquired by, or
merges into or with any Person (other than a merger permitted by Section 8.4); or

(e) Except as
expressly permitted in this Agreement, Borrower fails to own directly or indirectly, free of any lien, encumbrance or other adverse claim, one hundred percent (100%) of the economic, voting and beneficial interest of each Subsidiary Guarantor.

Class. When used with respect to (a) a Commitment, refers to whether such Commitment is a Revolving Credit Commitment, Swing Loan Commitment, or any tranche of Term Loan Commitments, (b) when used with respect to any Loan, refers to whether such Loan is a Revolving Credit Loan, Swing Loan, or Term Loan, and (c) when used with respect to a Lender, refers to whether such Lender has a Loan or Commitment with respect to a particular Class of Loans or Commitments.For the avoidance of doubt,each tranche of Term Loans may, if agreed by the Borrower, the Agent, and the applicable Term Lenders, be treated as a separate Class.

City Center Property. That certain Real Estate known as City Center, located at 100 2 ndA