Hudson Pacific Properties Announces 2022 Dividend Tax Treatment

LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced the tax treatment for its 2022 common stock and preferred stock dividends.

The Company's dividends related to its common stock (CUSIP #444097109) will be classified for United States federal income tax purposes as follows:

			Ordinary Dividends
Record Date	Payment Date	Distribution Per Share	Total	Non-Qualified^1	Qualified	Capital Gain Distributions	Return of Capital
3/21/22	3/31/22	$0.25000	$0.10717	$0.10717	$0.00000	$0.00000	$0.14283
6/20/22	6/30/22	$0.25000	$0.10717	$0.10717	$0.00000	$0.00000	$0.14283
9/19/22	9/29/22	$0.25000	$0.10717	$0.10717	$0.00000	$0.00000	$0.14283
12/19/22	12/29/22	$0.25000	$0.10717	$0.10717	$0.00000	$0.00000	$0.14283
	Totals	$1.00000	$0.42868	$0.42868	$0.00000	$0.00000	$0.57132
		100.00%	42.87%			0.00%	57.13%

The Company's dividends related to its Series C preferred stock (CUSIP #444097307) will be classified for United States federal income tax purposes as follows:

			Ordinary Dividends
Record Date	Payment Date	Distribution Per Share	Total	Non-Qualified^1	Qualified	Capital Gain Distributions	Return of Capital
3/21/22	3/31/22	$0.445313	$0.445313	$0.445313	$0.00000	$0.00000	$0.00000
6/20/22	6/30/22	$0.296875	$0.296875	$0.296875	$0.00000	$0.00000	$0.00000
9/19/22	9/29/22	$0.296875	$0.296875	$0.296875	$0.00000	$0.00000	$0.00000
12/19/22	12/29/22	$0.296875	$0.296875	$0.296875	$0.00000	$0.00000	$0.00000
	Totals	$1.335938	$1.335938	$1.335938	$0.00000	$0.00000	$0.00000
		100.00%	100.00%			0.00%	0.00%

¹On December 22, 2017, the Tax Cuts and Jobs Act enacted Section 199A that generally allows a deduction for non-corporate taxpayers equal to 20% of ordinary dividends distributed by a REIT (excluding capital gain dividends and qualified dividend income). Ordinary Dividends eligible for the Section 199A benefit are a subset of, and included in, the Taxable Ordinary Dividend Amount. All the “Non-Qualified” dividends listed above are eligible for the Section 199A benefit.

About Hudson Pacific Properties
Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific’s unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. For more information visit HudsonPacificProperties.com.

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