Hudson Pacific Properties, L.P. Fifth Amendment to Credit Agreement

Hudson Pacific Properties, L.P. entered into a Fifth Modification Agreement to its Fourth Amended and Restated Credit Agreement on September 10, 2025. The amendment extends the maturity date of a portion of the revolving commitments, increasing the aggregate amount of commitments under its unsecured revolving credit facility to $795,250,000. The amendment also modifies certain financial maintenance covenants, including increasing the minimum ratio of adjusted EBITDA to fixed charges and temporarily reducing the minimum ratio of unencumbered net operating income to unsecured interest expense. The maturity date of the Extended Revolving Commitments is December 31, 2028, with options to extend for up to one additional year. The amendment is part of the company's efforts to manage its financial obligations and maintain liquidity.