Company: HPP
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-038079
Chunk: 65

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 65
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 the overall FFO per share payout capped at target to the extent the full-year FFO per share target was not achieved. • Increased weighting on Operational and Financial Goals . We have been the market leader in the sector in corporate responsibility and have made significant progress in achieving our priorities. In acknowledgement of these achievements, and as we continue to work towards longer-term goals, we increased the overall weighting tied to operational and financial metrics and subsequently reduced the weighting on corporate responsibility priorities.

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TABLE OF CONTENTS

| ​ | HUDSON PACIFIC PROPERTIES, INC. 
 Proxy Statement  |  2025        | ​ | ​ |     | ​ |

The 2024 cash bonus program included the following measures:

| ​ | METRIC AND RATIONALE FOR                                                                                                                                                   
 INCLUSION                                                                                                                                                                  | ​ | ​ | ​     | ​ | ​ | WEIGHTING | ​ | ​ |                                      THRESHOLD | ​ | ​ |  TARGET | ​ | ​ |  MAXIMUM | ​ | ​ |     ACTUAL | ​ |
| ​ | Quarterly FFO(1)                                                                                                                                                           | ​ | ​ | 1Q    | ​ | ​ |     6.25% | ​ | ​ |                                          $0.15 | ​ | ​ |   $0.17 | ​ | ​ |    $0.19 | ​ | ​ |      $0.17 | ​ |
| ​ | 2Q                                                                                                                                                                         | ​ | ​ | 6.25% | ​ | ​ |     $0.15 | ​ | ​ |                                          $0.17 | ​ | ​ |   $0.19 | ​ | ​ |    $0.17 | ​ |   |            |   |
| ​ | 3Q                                                                                                                                                                         | ​ | ​ | 6.25% | ​ | ​ |     $0.08 | ​ | ​ |                                          $0.10 | ​ | ​ |   $0.10 | ​ | ​ |    $0.10 | ​ |   |            |   |
| ​ | 4Q                                                                                                                                                                         | ​ | ​ | 6.25% | ​ | ​ |     $0.09 | ​ | ​ |                                          $0.11 | ​ | ​ |   $0.13 | ​ | ​ |    $0.11 | ​ |   |            |   |
| ​ | Leasing Volume.(in thousands of square feet)                                                                                                                               | ​ | ​ | ​     |