Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 96

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 96
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 otherwise relates to the Merger. For additional details regarding the terms of the payments described below, see the discussion under “-Interests of Our Directors and Executive Officers in the Merger” above. The following table sets forth the amount of payments and benefits that may be paid or become payable to each of our named executive officers in connection with the Merger pursuant to all applicable compensation plans or agreements, assuming that the Effective Time occurred on October 31, 2025 solely for purposes of this merger-related compensation disclosure and that each named executive officer incurs a severance-qualifying termination immediately following the Effective Time. The amounts in the table below are estimates based on multiple assumptions that may or may not actually occur or be accurate on the relevant date, including the assumptions described below, and do not reflect any reduction in payments pursuant to the employment agreements to the extent necessary to prevent any portion of each named executive officer’s merger-related payments and benefits from becoming subject to excise tax by reason of Section 4999 of the Code. The actual value to be received by our named executive officers may be greater or less than the amounts presented below.

| Name            |     | Cash(1) |           |     | Equity(2) |           |     | Perquisites/ 
 Benefits(3)  |        |     | Total |           |
|:----------------|:----|:--------|----------:|:----|:----------|----------:|:----|:-------------|-------:|:----|:------|----------:|
| James Farrar    |     | $       | 5,351,598 |     | $         | 3,729,362 |     | $            | 50,961 |     | $     | 9,131,921 |
| Gregory Tylee   |     | $       | 5,351,598 |     | $         | 3,729,362 |     | $            | 18,141 |     | $     | 9,099,101 |
| Anthony Maretic |     | $       | 3,184,726 |     | $         | 1,661,751 |     | $            | 18,141 |     | $     | 4,864,618 |

| (1) | Consists of a lump sum cash severance payment, payable within 10 days following the named executive                                                                                                                                           
 officer’s termination, equal to the sum of (i) 2 times the