Company: HPP
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-038079
Chunk: 68

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 68
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 million and $1.0 million, or $39.2 million and $0.5 million at HPP’s share, of undrawn capacity under construction loans secured by Sunset Pier 94 and Sunset Glenoaks, respectively                        
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 HPP’s share of net debt to HPP’s share of undepreciated book value was 38.7% with 90.7% of debt fixed or capped, with no maturities until November 2025                                                            
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(1) Reflects the January 2025 amendment to the unsecured revolving credit facility to favorably adjust certain definitions and covenant calculations beginning with the period ending December 31, 2024, in light of which lender commitments are $775 million compared to the prior amendment amount of $900 million. The facility matures in December 2026 (including extension options). 2024 Cash Bonus Payouts Based on achievements described above and in consideration of each NEO’s considerable efforts and individual achievements in 2024, the Compensation Committee awarded a payout at 100% of target under the discretionary component of the cash bonus program.

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TABLE OF CONTENTS

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

The 2024 annual cash bonuses paid to our NEOs are as follows:

| ​ | EXECUTIVE         | ​ | ​ | 2024 Bonus($) |   |           |   | ​ |
|:--|:------------------|:--|:--|:--------------|:--|----------:|:--|:--|
| ​ | Victor J. Coleman | ​ | ​ | ​             | $ | 2,187,501 | ​ | ​ |
| ​ | Mark T. Lammas    | ​ | ​ | ​             | $ | 1,238,251 | ​ | ​ |
| ​ | Harout Diramerian | ​ | ​ | ​             | $ |   679,938 | ​ | ​ |
| ​ | Arthur X. Suazo   | ​ | ​ | ​             | $ |   830,876 | ​ | ​ |
| ​ | Drew Gordon       | ​ | ​ | ​             | $ |   794,220 | ​ | ​ |

Long-Term Equity Incentives The goals of our long-term, equity-based awards are to incentivize