Company: CIO
Filing Date: 2025-03-12
Form Type: DEF 14A
Source: 0001193125-25-052437
Chunk: 33

Company: City Office REIT, Inc.
Filing Date: 2025-03-12
Form: DEF 14A
Chunk 33
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 of Bosa’s decision-making with a primary responsibility for growing the business through new acquisitions. Mr. Tylee received a bachelor’s degree in accounting from Brock University and is a chartered accountant. Mr. Tylee brings accounting and finance skills as well as over 20 years of diverse real estate experience that includes acquisitions of various types of income-producing property and high-rise development.Anthony MareticMr. Maretic, age 53, has been our chief financial officer, secretary and treasurer since our IPO in April 2014. Prior to joining affiliates of Second City Real Estate in May of 2013, Mr. Maretic served as the chief operating officer and chief financial officer of Earls Restaurants Ltd., one of North America’s premier privately held restaurant companies from 2006 to 2013. Mr. Maretic’s experience in the real estate industry includes his role as the chief financial officer for a portfolio of U.S.-based senior living facilities, where he served from 2005 to 2006. Mr. Maretic has also held several financial management positions with the predecessor of BentallGreenOak, one of North America’s premier institutional real estate advisory companies. Mr. Maretic is a chartered professional accountant and holds a bachelor’s degree in commerce and business administration from the University of British Columbia.The business address of all of our directors and NEOs is 666 Burrard Street, Suite 3210, Vancouver, British Columbia, Canada V6C 2X8.24
Executive Summary Overview of 2024 Business Performance The Company is focused on owning and operating office properties located predominantly in Sun Belt markets with strong economic fundamentals. During 2024, the Company believes it executed well on its operational objectives and per share results. The Company has focused on optimally positioning its portfolio to benefit from trends in office leasing. A key focus in 2024 was driving leasing results through execution on the Company’s spec suite and property enhancement programs. Given the challenging financing markets, the Company’s key objectives of 2024 also included driving optimal outcomes at properties with maturing loans, continuing to enhance overall liquidity and generating cash flow in excess of the Company’s common stock dividend payments. Throughout 2024, the Company also sought to progress creative ideas to unlock or preserve value at the Company’s properties, including through redevelopment planning at certain properties. The Company believes its active steps to enhance the position of the portfolio will benefit shareholders in the long term. Summary of Key 2024 Accomplishments