Company: HPP
Filing Date: 2025-04-23
Form Type: DEF 14A
Source: 0001104659-25-038079
Chunk: 63

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-04-23
Form: DEF 14A
Chunk 63
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3, the Compensation Committee reviewed base salaries for the NEOs based on competitive market data, internal equity factors, individual performance, and individual roles and responsibilities. Based on this competitive review, the Compensation Committee determined to not increase executives’ base salaries for 2024. The following table sets forth the 2024 base salaries for each of our NEOs:

| ​ | EXECUTIVE         | ​ | ​ | 2024 BASE SALARY($) |   |           |   | ​ |
| ​ | Victor J. Coleman | ​ | ​ | ​                   | ​ | 1,000,000 | ​ | ​ |
| ​ | Mark T. Lammas    | ​ | ​ | ​                   | ​ |   762,000 | ​ | ​ |
| ​ | Harout Diramerian | ​ | ​ | ​                   | ​ |   473,000 | ​ | ​ |
| ​ | Arthur X. Suazo   | ​ | ​ | ​                   | ​ |   578,000 | ​ | ​ |
| ​ | Drew Gordon       | ​ | ​ | ​                   | ​ |   552,500 | ​ | ​ |

Cash Bonuses During 2024, our NEOs were eligible for annual cash bonus payments based in part upon: • Achieving objective financial performance goals during the year, and • The Compensation Committee’s review of other key corporate performance factors and each NEO’s individual performance. 2024 Cash Bonus Opportunities Each executive’s annual cash bonus amount is based upon threshold, target and maximum percentages of base salary and were set at a level that would provide NEOs with total cash compensation dependent on Company and individual performance.

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

For 2024, cash bonus opportunities at threshold, target and maximum for the NEOs remained unchanged from 2023 levels, as follows:

| ​ | EXECUTIVE         | ​ | ​ | THRESHOLD |   |      |   | ​ | ​ | TARGET |   |      |   | ​ | ​ | MAXIMUM |   |        |   | ​ |
| ​ | Victor J. Coleman | ​ | ​ | ​         | ​ | 105% | ​ | ​ | ​ | ​      | ​ | 175% | ​ | ​ | ​ | ​       | ​ | 262.5