Hudson Pacific Properties, Inc.

As required by the Securities and Exchange Commission, the following table is intended to illustrate compensation actually paid (or “CAP”) to our NEOs for each of the fiscal years ended December 31, 2021, 2022, 2023, 2024 and 2025, in each case, as compared to (i) our cumulative TSR performance, (ii) our peer group TSR performance, (iii) net income, and (iv) FFO per share (“FFO”), the company’s selected measure. Differences in our Summary Compensation Table amounts and compensation actually paid reflect changes in the fair value of equity awards, both outstanding and vested in each year, which take into account a discount for lack of marketability or illiquidity due to post-vesting restrictions and the future performance of the Company and relative performance indices based on Monte Carlo simulations for any market-based awards.

For the time-based LTIP units, fair value represents stock price at the end of each fiscal year multiplied by an illiquidity discount due to their post-vesting restrictions and a discount for book-up risk, where applicable.

The methodology used to develop the valuation assumptions as of each applicable measurement date is consistent with those disclosed at the time of grant. The valuation assumptions used to calculate the fair values were updated as of each measurement date and will differ from those disclosed as of the grant date. For market-based awards, the fair values were calculated by a Monte Carlo simulation model as of the applicable measurement dates, which utilizes multiple input variables, including expected volatility of our stock price and other assumptions appropriate for determining fair value, to estimate the probability of satisfying the performance objective established for the award, including the expected volatility of our stock price relative to the applicable comparative index and a risk-free interest rate.

HUDSON PACIFIC PROPERTIES** | ** 59 |2026 Proxy Statement

Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:

HUDSON PACIFIC PROPERTIES** | ** 60 |2026 Proxy Statement

Relationship Between CAP and Financial Measures

The following graphs illustrate the relationship between the pay and performance figures that are included in the pay versus performance table above.

HUDSON PACIFIC PROPERTIES** | ** 61 |2026 Proxy Statement

Tabular List of Important Financial Measures

The following is an unranked list of the Company’s financial performance measures we consider most important in linking the compensation actually paid to performance for 2025:

These performance measures were used in our 2025 short-term incentive (cash bonus) performance measurement framework. For a discussion of these measures, see “2025 Cash Bonus Scorecard” on page 43.