Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 27

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 27
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 proxy prior to the Special Meeting, your shares will be voted as you direct. If you                                                                                                      
 authorize a proxy but no direction is otherwise made, your shares will be voted “FOR” the Merger Proposal, “FOR” the Advisory Compensation Proposal and “FOR” the Adjournment Proposal. Pursuant to our bylaws, only 
 the matters set forth in the notice of special meeting may be brought before the Special Meeting.                                                                                                                    |

| Q: | What happens if I sell my Common Stock before the Special Meeting? |

| A: | If you held shares of Common Stock on the Record Date but transfer them prior to the Effective Time, you will                                                                                                                                             
 retain your right to vote at the Special Meeting, but not the right to receive the Common Stock Merger Consideration for those shares. The right to receive such consideration when the Merger becomes effective will pass to the person who at that time 
 owns the shares you previously owned.                                                                                                                                                                                                                     |

| Q: | Can I change my vote after I have mailed my proxy card? |

| A: | Yes. If you own Common Stock as a record holder on the Record Date, you may revoke a previously authorized                                                                                                                                               
 proxy at any time before it is exercised by filing with our Corporate Secretary a notice of revocation or a duly authorized proxy bearing a later date or by attending and voting at the Special Meeting. Attendance at the Special Meeting will not, in 
 itself, revoke a previously authorized proxy. If you have instructed a broker, bank or other nominee to vote your shares, the foregoing options for changing your vote do not apply and instead you must follow the instructions received from your      
 broker, bank or other nominee to change your vote.                                                                                                                                                                                                       |

| Q: | Is the Merger expected to be taxable to me? |

| A: | Yes. The receipt of the Common Stock Merger Consideration for each share of Common Stock pursuant to the Merger                                                                                                                                          
 will be a taxable transaction for U.S. federal income tax purposes. Generally, for U.S. federal income tax purposes, you will recognize gain or loss as a result of the Merger measured by the difference, if any, between the cash you receive and your 
 adjusted tax basis in your Common Stock. In addition, under certain circumstances, we may be required to withhold a portion of your Common Stock Merger Consideration under applicable tax laws, including, in the case of                               
 non-U.S. holders, pursuant to FIRPTA. Tax matters can be complicated, and