KILROY REALTY CORP

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities

Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-

looking statements are based on our current expectations, beliefs, and assumptions, and are not guarantees

of future performance. Forward-looking statements are inherently subject to uncertainties, risks, changes in

circumstances, trends, and factors that are difficult to predict, many of which are outside of our control.

Accordingly, actual performance, results, and events may vary materially from those indicated or implied in

the forward-looking statements, and you should not rely on the forward-looking statements as predictions of

future performance, results, or events. Numerous factors could cause actual future performance, results, and

events to differ materially from those indicated in the forward-looking statements, including, among others:

global market and general economic conditions, including actual and potential tariffs and periods of

heightened inflation, and their effect on our liquidity and financial conditions and those of our tenants;

adverse economic or real estate conditions generally, and specifically, in the States of California, Texas, and

Washington; risks associated with our investment in real estate assets, which are illiquid, and with trends in

the real estate industry; defaults on or non-renewal of leases by tenants; any significant downturn in tenants’

businesses, including bankruptcy, lack of liquidity or lack of funding, and the impact labor disruptions or

strikes, such as episodic strikes in the media industry, may have on our tenants’ businesses; our ability to re-

lease property at or above current market rates; reduced demand for office space, including as a result of

remote working and flexible working arrangements that allow work from remote locations other than an

employer's office premises; costs to comply with government regulations, including environmental

remediation; the availability of cash for distribution and debt service, and exposure to risk of default under

debt obligations; increases in interest rates and our ability to manage interest rate exposure; changes in

interest rates and the availability of financing on attractive terms or at all, which may adversely impact our

future interest expense and our ability to pursue development, redevelopment, and acquisition opportunities

and refinance existing debt; a decline in real estate asset valuations, which may limit our ability to dispose

of assets at attractive prices, or obtain or maintain debt financing, and which may result in write-offs or

impairment charges; significant competition, which may decrease the occupancy and rental rates of

properties; potential losses that may not be covered by insurance; the ability to successfully complete

acquisitions and dispositions on announced terms; the ability to successfully operate acquired, developed,

and redeveloped properties; the ability to successfully complete development and redevelopment projects on

schedule and within budgeted amounts; delays or refusals in obtaining all necessary zoning, land use, and

other required entitlements, governmental permits and authorizations for our development and

redevelopment properties; increases in anticipated capital expenditures, tenant improvement, and/or leasing

costs; defaults on leases for land on which some of our properties are located; adverse changes to, or

enactment or implementations of, tax laws or other applicable laws, regulations, or legislation, as well as

business and consumer reactions to such changes; risks associated with joint venture investments, including

our lack of sole decision-making authority, our reliance on co-venturers’ financial condition, and disputes

between us and our co-venturers; environmental uncertainties and risks related to natural disasters; risks

associated with climate change and our sustainability strategies, and our ability to achieve our sustainability

goals; and our ability to maintain our status as a REIT. These factors are not exhaustive and additional

factors could adversely affect our business and financial performance. For a discussion of additional factors

that could materially adversely affect our business and financial performance, see the factors included under

the caption “Risk Factors” in our annual report on Form 10-K for the year ended December 31, 2025, and

our other filings with the Securities and Exchange Commission. All forward-looking statements are based

on currently available information and speak only as of the dates on which they are made. We assume no

obligation to update any forward-looking statement made in this press release that becomes untrue because

of subsequent events, new information, or otherwise, except to the extent we are required to do so in

connection with our ongoing requirements under federal securities laws.