Company: CIO
Filing Date: 2025-09-08
Form Type: DEFM14A
Source: 0001193125-25-198418
Chunk: 16

Company: City Office REIT, Inc.
Filing Date: 2025-09-08
Form: DEFM14A
Chunk 16
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ger Agreement will not be effective until we have paid the Company Termination Fee); or |

8

| • |     | all of the following requirements are satisfied: |

| • |     | all of the mutual conditions to the parties’ obligations to consummate the Merger and the additional                                                                                                                                                
 conditions to the obligations of Parent and Merger Sub to effect the Merger have been satisfied (other than those conditions that by their terms are to be satisfied by actions taken at the closing, so long as such conditions are at the time of 
 delivery of the notice referred to in the third sub-bullet of this section capable of being satisfied as if such time were the closing);                                                                                                            |

| • |     | Parent and Merger Sub fail to consummate the Merger on the date the closing should have occurred pursuant to the 
 Merger Agreement;                                                                                                |

| • |     | on or after the date the closing of the Merger should have occurred pursuant to the Merger Agreement, we have                                                                                                                                                                                                                                                                               
 delivered written notice to Parent confirming that all of the mutual conditions to the parties’ obligations to effect the Merger and the additional conditions to the obligations of Parent and Merger Sub to consummate the Merger have been                                                                                                                                               
 satisfied or waived by Parent (other than those conditions that by their terms are to be satisfied by actions taken at the closing, so long as such conditions are at the time of delivery of the notice referred to in this sub-bullet of this section capable of being satisfied as if such time were the closing) and we are willing and able to consummate the Merger at such time; and |

| • |     | Parent fails to consummate the Merger within three business days after the delivery of the notice described in 
 the immediately preceding sub-bullet.                                                                          |

Termination by Parent Parent may also terminate the Merger Agreement by written notice to us at any time prior to the Effective Time, even after we have obtained the required Company Stockholder Approval (except as otherwise specified below), if:

| • |     | (i) there is any breach by the Company of any representation, warranty, covenant or agreement of the Company set                                                                                                                                  
 forth in the Merger Agreement that would give rise to the failure of any closing condition relating to our representations, warranties, covenants or agreements, (ii) Parent has delivered written notice to the Company of such breach, and      
 (iii) such breach cannot or be or has not been cured by the Company on or before the earlier of (