Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 24

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 24
---
 |

| A: | Approval of the Adjournment Proposal requires the affirmative vote of a majority of the votes cast on the                                                                                                                                                
 proposal. For the purpose of this proposal, failure to vote your shares (including failure to give voting instructions to your broker, bank or other nominees) and abstentions will have no effect on the proposal. Pursuant to our bylaws, the chairman 
 of the meeting may also adjourn the Special Meeting from time to time without the approval of the stockholders, subject to the terms of the Merger Agreement.                                                                                            |

| Q: | Why is my vote important? |

| A: | If you do not authorize your proxy or voting instructions or vote at the Special Meeting, it will be more                                                                                                                                             
 difficult for us to obtain the necessary quorum to hold the Special Meeting. In addition, because the Merger Proposal must be approved by the affirmative vote of the holders of a majority of the outstanding shares of our Common Stock entitled to 
 vote on the matter at the Special Meeting, your failure to authorize your proxy or voting instructions or to vote at the Special Meeting will have the same effect as a vote “AGAINST” the approval of the Merger Proposal.                           |

| Q: | How does the Common Stock Merger Consideration compare to the market price of the Common Stock? |

| A: | The Common Stock Merger Consideration of $7.00 per share represents a premium of approximately 26.0% over the                                                                                                                                   
 closing price of our Common Stock on July 23, 2025, the last trading day prior to the announcement of the Merger Agreement, and an approximately 39.0% premium to the volume weighted average share price on the NYSE over the previous 30 days 
 prior to the announcement of the Merger Agreement.                                                                                                                                                                                              |

| Q: | How does the Board recommend that I vote? |

| A: | The Board recommends that you vote “FOR” the Merger Proposal, “FOR” the Advisory 
 Compensation Proposal and “FOR” the Adjournment Proposal.                        |

| Q: | Why am I being asked to consider and cast a vote on the Advisory Compensation Proposal? |

| A: | The SEC has adopted rules that require companies to seek a nonbinding, advisory vote to approve certain                                                               
 compensation that may be paid or become payable to their named executive officers that is based on or otherwise relates to corporate transactions such as the Merger. |

| Q: | What will happen if stockholders do not approve