Company: CIO
Filing Date: 2025-08-22
Form Type: PREM14A
Source: 0001193125-25-186443
Chunk: 134

Company: City Office REIT, Inc.
Filing Date: 2025-08-22
Form: PREM14A
Chunk 134
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 our classification as a REIT, or would reasonably be expected to adversely affect the intended tax treatment of the transactions
contemplated by the Merger Agreement.

87

Certain Other Covenants The Merger Agreement contains certain other covenants of the parties to the Merger Agreement relating to, among other things:

| • |     | the filing of this proxy statement with the SEC, and cooperation in preparing this proxy statement and in 
 responding to any comments received from the SEC on this proxy statement;                                 |

| • |     | giving Parent and its representatives reasonable access during normal business hours and upon reasonable advance 
 written notice to our and our subsidiaries’ properties and other facilities, personnel and books and records;    |

| • |     | confidentiality; |

| • |     | actions necessary to eliminate or minimize the effects any applicable anti-takeover statutes on the Merger 
 Agreement , the Merger and the transactions contemplated by the Merger Agreement.;                         |

| • |     | provide notice of any communication received from any governmental entity in connection with the Merger or the 
 transactions contemplated thereby;                                                                             |

| • |     | the indemnification of our and our subsidiaries’ directors and officers; |

| • |     | the interim operations of Merger Sub; |

| • |     | providing notice to Parent, and giving Parent the opportunity to participate in, any legal proceeding relating to 
 the Merger Agreement, the Merger or the transactions contemplated by the Merger Agreement;                        |

| • |     | the delisting of our Common Stock and Preferred Stock from the NYSE and the deregistration of our Common Stock 
 and Preferred Stock under the Exchange Act;                                                                    |

| • |     | the consultation regarding any press releases or other public statements with respect to the Merger Agreement or 
 the transactions contemplated by the Merger Agreement;                                                           |

| • |     | certain accrued dividends; |

| • |     | obtain required consents in connection with certain loan documents; |

| • |     | actions necessary to effect the redemption of our preferred stock; |

| • |     | certain tax matters; |

| • |     | make certain amendments to the Phoenix PSA without the prior written consent of Parent; |

| • |     | certain employee benefit matters; and |

| • |     | certain matters related to Section 16(a) of the Exchange Act and Rule 16b-3 thereunder; |

Conditions to the Merger The respective obligations of each party to the Merger Agreement to consummate