Investor Presentaiton

☐ ப RECENT HIGHLIGHTS AND 2023 OUTLOOK THIRD QUARTER 2023 Core FFO per share of $0.34 and AFFO per share of $0.15 Executed 119,000 SF of new and renewal leases in the quarter Same Store Cash NOI increased 2.2% as compared to the third quarter of 2022 2023 GUIDANCE (1) Bloc 83, Raleigh Full Year 2023 Acquisitions Low High Dispositions $0.0M $0.0M $38.6M $60.0M Net Operating Income $109.0M $110.0M Interest Expense Core FFO per Share December 31, 2023 Occupancy Same Store Cash NOI Change Updated in Q2 2023, reiterated in Q3 2023 On track for positive Same Store Cash NOI growth in 2023 Assumes no share issuances or repurchases $32.5M $33.0M $1.38 $1.40 85.0% 86.0% 3.0% 4.0% CITY OFFICE REIT (1) See the Company's Q2 2023 and Q3 2023 earnings press releases and the Company's Annual Report on Form 10-K for the year ended December 31, 2022 under the heading "Cautionary Statement Regarding Forward-Looking Statements" and "Risk Factors" for further discussion of the material assumptions underlying the Company's guidance. This outlook reflects management's current view of current and future operations and market conditions, which management cannot guarantee will occur as expected, or at all, including the impact of the COVID-19 pandemic, which is impossible to predict 10

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