CIM Commercial Trust Corporation

Consolidated Office Portfolio

1 Kaiser Plaza · Lake Merritt · 537,929 · 55.2 · 55.2 · 16,791 · 56.50

San Francisco, CA

1130 Howard Street · South of Market · 21,194 · 100.0 · 100.0 · 549 · 25.90

11620 Wilshire Boulevard · West Los Angeles · 197,054 · 90.0 · 90.0 · 8,862 · 49.95

11600 Wilshire Boulevard · West Los Angeles · 56,881 · 79.0 · 79.0 · 2,822 · 62.80

9460 Wilshire Boulevard · Beverly Hills · 97,655 · 94.5 · 94.5 · 11,554 · 125.21

8944 Lindblade Street (2) · West Los Angeles · 7,980 · 100.0 · 100.0 · 630 · 78.95

8960 & 8966 Washington Boulevard (2) · West Los Angeles · 24,448 · — · — · — · —

1037 N Sycamore Avenue · Hollywood · 5,031 · 100.0 · 100.0 · 351 · 69.77

Austin, TX

3601 S Congress Avenue (3) · South · 233,579 · 92.4 · 92.4 · 9,888 · 45.81

1021 E 7th Street (4) · East · 11,180 · 100.0 · 100.0 · 689 · 61.63

1007 E 7th Street (5) · East · 1,352 · 100.0 · 100.0 · 50 · 36.98

Total Consolidated Office Portfolio · 1,194,283 · 73.2 · 73.2 · 52,186 · 59.69

Unconsolidated Office Portfolio

1910 Sunset Boulevard - 44.2% (6) · Echo Park · 107,824 · 91.8 · 91.8 · 5,030 · 50.84

Total Unconsolidated Office Portfolio · 107,824 · 91.8 · 91.8 · 5,030 · 50.84

Total Office Portfolio · 1,302,107 · 74.8 · 74.8 · 57,216 · 58.78

Total Office Portfolio - CMCT Share of Annualized Rent · 54,407

Development Pipeline Properties

2 Kaiser Plaza (7) · Lake Merritt · N/A · N/A · N/A · N/A · N/A

1015 Mansfield - 29% (8) · Hollywood · N/A · N/A · N/A · N/A · N/A

Total Development Pipeline Properties · N/A · N/A · N/A · N/A · N/A

Total Office and Development Portfolio · 1,302,107 · 74.8 · 74.8 · 57,216 · 58.78

(1)Based on leases signed as of December 31, 2025.

(2)The three buildings making up 8960 & 8966 Washington Boulevard and 8944 Lindblade Street were formerly known as Lindblade Media Center.

(3)3601 S Congress Avenue consists of twelve buildings. The Company is evaluating different development options including multifamily development.

(4)The Company is evaluating different development options including multifamily development.

(5)The property is located on a land site of approximately 7,450 square feet.

(6)CMCT and a CIM-managed separate account purchased the property in February 2022 through a joint venture (the “1910 Sunset JV”). CMCT owns 44.2% of the property. The amounts shown in the table represent 100% of the property.

(7)2 Kaiser Plaza Parking Lot is a 44,642 square foot parcel of land currently being used as a surface parking lot. We are entitled to develop an office building with a maximum of 800,000 rentable square feet. Alternatively, we are also evaluating a multifamily development.

(8)The Company owns approximately 29% of the property through an Unconsolidated Joint Venture. The amounts shown in the table represent 100% of the property. The property has a site area of approximately 44,141 square feet and currently contains a parking garage which is being leased to a third party. The site is being evaluated for different development options, including creative office space or other commercial space.

(9)Giving effect to abatements, net annualized rent per occupied square foot for the total portfolio was $54.90.

Classification / Market / Address · Sub-Market · Units · % Occupied · Annualized Rent (in thousands) · Monthly Rent Per Occupied Unit (1) (10)

Consolidated Multifamily Portfolio

Channel House · Jack London District · 333 · 89.5 · 9,145 · 2,557

1150 Clay · Downtown · 288 · 87.2 · 7,190 · 2,387

Total Consolidated Multifamily Portfolio · 621 · 88.4 · 16,335 · 2,480

Unconsolidated Multifamily Portfolio

1902 Park Avenue - 25.5% (2) · Echo Park · 76 · 93.4 · 1,680 · 1,972

701 S Hudson - 20% (3) · Mid-Wilshire · 68 · 83.8 · 2,349 · 3,434

1915 Park Avenue - 44.2% (4) · Echo Park · 36 · 16.7 · 97 · 1,352

Total Unconsolidated Multifamily Portfolio · 180 · 74.4 · 4,126 · 2,480

Total Multifamily Portfolio · 801 · 85.3 · 20,461 · 2,497

Total Multifamily Portfolio - CMCT Share of Annualized Rent · 17,276

Development Pipeline Properties

3101 S. Western Avenue (5) · Jefferson Park · N/A · N/A · N/A · N/A

3022 S. Western Avenue (6) · Jefferson Park · N/A · N/A · N/A · N/A

3109 S. Western Avenue (6) · Jefferson Park · N/A · N/A · N/A · N/A

4750 Wilshire Boulevard (Backlot) (7) · Mid-Wilshire · N/A · N/A · N/A · N/A

F3 Land Site (8) · Jack London District · N/A · N/A · N/A · N/A

466 Water Street Land Site (9) · Jack London District · N/A · N/A · N/A · N/A

Total Multifamily and Development Portfolio · 801 · 85.3 · 20,461 · 2,497

(1)Represents gross monthly base rent under leases commenced as of December 31, 2025, divided by occupied units.

(2)The Company owns 25.5% of the property through an Unconsolidated Joint Venture. The amounts shown in the table represent 100% of the property.

• 3109 S. Western (Los Angeles) Owner, L.P. Delaware⁵
• 466 Water Street (Oakland) Holdings Venture, LLC Delaware⁵
• 466 Water Street (Oakland) Investor, LLC Delaware⁵
• 466 Water Street (Oakland) Owner, LLC Delaware⁵
• 4750 Co-Investor, LLC Delaware⁵
• 4750 Wilshire Blvd. (LA) Owner, LLC Delaware⁵
• 8944 Lindblade Street (LA) Owner LLC Delaware⁵
• 9460 Wilshire Blvd (BH) Owner, L.P. Delaware⁵
• 9460 Wilshire Blvd GP, LLC Delaware⁵
• CIM 11620 Wilshire (Los Angeles) GP, LLC Delaware⁵
• CIM 11620 Wilshire (Los Angeles), LP Delaware⁵
• CIM Small Business Loan Trust 2018-1 Delaware⁵
• CIM Urban Holdings, LLC Delaware⁵
• CIM Urban Partners, L.P. Delaware⁵
• CIM Urban REIT GP I, LLC California⁵
• CIM Urban REIT GP II, LLC Delaware⁵
• CIM Urban REIT Holdings, LLC Delaware⁵
• CIM Urban REIT Properties IX, L.P. Delaware⁵
• CIM Urban REIT Properties XIII, L.P. Delaware⁵
• CIM Wilshire (Los Angeles) Investor, LLC Delaware⁵
• CIM Wilshire (Los Angeles) Manager, LLC Delaware⁵
• CIM/11600 Wilshire (Los Angeles) GP, LLC Delaware⁵
• CIM/11600 Wilshire (Los Angeles), LP Delaware⁵
• CIM/Eisen Hollywood, LLC California⁵
• CIM/J Street Garage Sacramento GP, LLC California⁵
• CIM/J Street Garage Sacramento Owner, LLC Delaware⁵
• CIM/J Street Garage Sacramento, L.P California⁵
• CIM/J Street Hotel Sacramento GP, LLC California⁵
• CIM/J Street Hotel Sacramento ML, LLC Delaware⁵
• CIM/J Street Hotel Sacramento Owner, LLC Delaware⁵
• CIM/J Street Hotel Sacramento, Inc. California⁵
• CIM/J Street Hotel Sacramento, L.P. California⁵
• CIM/Oakland 1 Kaiser Plaza GP, LLC Delaware⁵
• CIM/Oakland 1 Kaiser Plaza, LP Delaware⁵
• CMCT 1015 N. Mansfield (LA) Member, LLC Delaware⁵
• CMCT 1100 Clay (Oakland) Holdings, LLC Delaware⁵
• CMCT 1100 Clay (Oakland) LTC, LLC Delaware⁵
• CMCT 1100 Clay (Oakland) Manager, LLC Delaware⁵
• CMCT 1100 Clay (Oakland) Owner, LLC Delaware⁵
• CMCT 4750 GP, LLC Delaware⁵
• CMCT NAV REIT Maryland⁵
• Channel House (Oakland) Holdings, LLC Delaware⁵
• Channel House (Oakland) LTC, LLC Delaware⁵
• Channel House (Oakland) Manager, LLC Delaware⁵
• Channel House (Oakland) Owner, LLC Delaware⁵
• FW Asset Holding, LLC Delaware⁵
• JLS F-3 (Oakland) Holdings Venture, LLC Delaware⁵
• JLS F-3 (Oakland) Investor, LLC Delaware⁵
• JLS F-3 (Oakland) Owner, LLC Delaware⁵
• Jack London Square Development (Oakland) Holdings Venture, LLC Delaware⁵
• Jack London Square Development (Oakland) Investor, LLC Delaware⁵
• Jack London Square Development (Oakland) Owner, LLC Delaware⁵
• Lindblade Media Center (LA) Owner, LLC Delaware⁵
• PMC Commercial Lending, LLC Delaware⁵
• PMC First Western SBLC II, LLC Delaware.⁵
• PMC Funding Corp. Florida⁵
• PMC Mortgage Corp., LLC Delaware⁵
• PMC Preferred Capital Trust-A Delaware⁵
• PMC Properties, Inc. Delaware⁵
• Parcel D 466 Water Street (Oakland) Holdings, LLC Delaware⁵
• Parcel D 466 Water Street (Oakland) LTC, LLC Delaware⁵
• Parcel D 466 Water Street (Oakland) Manager, LLC Delaware⁵
• Parcel D 466 Water Street (Oakland) Owner, LLC Delaware⁵
• Parcel F-3 (Oakland) Holdings, LLC Delaware⁵
• Parcel F-3 (Oakland) LTC, LLC Delaware⁵
• Parcel F-3 (Oakland) Manager, LLC Delaware⁵
• Parcel F-3 (Oakland) Owner, LLC Delaware⁵
• TO-4750 Wilshire Co-Investor, L.P. Cayman Islands⁵
• Two Kaiser Plaza (Oakland) Owner, LLC Delaware⁵
• Urban Partners GP Manager, LLC Delaware⁵
• Urban Partners GP, LLC Delaware⁵

• If we fail to maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results.
• The outbreak of a pandemic could negatively affect and will likely continue to negatively affect our business, financial condition, results of operations and cash flows.
• The COVID-19 pandemic has had, and may continue to have, significant impacts on workplace practices and those changes, or other office space utilization trends, could impact our business.
• Neither the Master Services Agreement nor the Investment Management Agreement may be terminated by us (except in limited circumstances for cause in the case of the Master Services Agreement) and the Master Services Agreement may be assigned by the Administrator in certain circumstances without our consent, either or both of which may have a material adverse effect on us.
• The Administrator and Operator are entitled to receive fees for the services they provide regardless of our performance, which may reduce their incentive to devote time and resources to our portfolio.
• The Fee payable to the Operator depends in large part on annual appraisals of our real estate properties.
• We may be obligated to pay the Operator quarterly incentive compensation even if we incur a net loss during a particular quarter.
• The Operator may undertake transactions that are motivated, in whole or in part, by a desire to increase its compensation.
• Each of the Administrator and Operator provides services to us under broad mandates, and our Board of Directors may not necessarily be involved in each acquisition, disposition or financing decision made by the Administrator or Operator.
• The Operator, the Administrator and their respective affiliates engage in real estate activities that could compete with us and our subsidiaries, which could result in decisions that are not in the best interests of our stockholders.
• Certain of our directors and executive officers may face conflicts of interest related to positions they hold with the Operator, the Administrator, CIM Group and their affiliates, which could result in decisions that are not in the best interest of our stockholders.
• The business of CIM Urban is managed by Urban GP Administrator and we agreed in the Master Services Agreement to appoint an affiliate of CIM Group as the manager of the general partner of CIM Urban, and the general partner of CIM Urban may only be removed from such position under limited circumstances as provided in the CIM Urban Partnership Agreement.
• Provisions of our charter and bylaws and the MGCL may deter takeover attempts, which may limit the opportunity of our stockholders to sell their shares at a favorable price.
• Restrictions on transfer and ownership of our stock.
• The Operator may change its acquisition process, or elect not to follow it, without stockholder consent at any time, which may adversely affect returns on our assets.
• The power of the Board of Directors to revoke our REIT election without stockholder approval may cause adverse consequences to our stockholders.
• The MGCL or our charter may limit the ability of our stockholders or us to recover on a claim against a director or officer who negligently causes us to incur losses.
• The liability of the Administrator and the Operator to us under the Master Services Agreement and the Investment Management Agreement, respectively, is limited and we and CIM Urban have agreed to indemnify the Administrator and the Operator, respectively, against certain liabilities. As a result, we could experience poor performance or losses for which neither the Administrator nor the Operator would be liable.
• Our operating performance is subject to risks associated with the real estate industry.
• A significant portion of our properties, by aggregate net operating income and square feet, are located in California. We are dependent on the California real estate market and economy, and are therefore susceptible to risks of events in the California market that could adversely affect our business, such as adverse market conditions, changes in local laws or regulations and natural disasters.
• Capital and credit market conditions may adversely affect demand for our properties and the overall availability and cost of credit.
• Tenant concentration increases the risk that cash flow could be interrupted.
• If a major tenant declares bankruptcy, we may be unable to collect balances due under relevant leases, which could have a material adverse effect on our financial condition and ability to pay distributions on our Preferred Stock or any renewed distributions on our Common Stock.
• We have assumed, and in the future may assume, liabilities in connection with our property acquisitions, including unknown liabilities.
• We may be adversely affected by trends in the office real estate industry.
• We may be unable to renew leases or lease vacant office space.
• A significant portion of our net operating income is expected to come from our hotel and, as a result, our operating performance is subject to the cyclical nature of the lodging industry.
• The outbreak of a highly infectious, contagious or widespread disease, such as COVID-19, can result (and has resulted) in reductions in travel and adversely affect demand for our hotel.
• The seasonality of the lodging industry may cause quarterly fluctuations in our revenues.
• The increasing use of online travel intermediaries by consumers may adversely affect our profitability.
• Increased use of technology may reduce the need for business-related travel.
• We are subject to risks associated with the employment of hotel personnel, particularly with respect to unionized labor.
• We may be unable to renew leases or release apartment units as leases expire, or the terms of renewals or new leases may be less favorable than current leases.
• We may be unable to deploy capital in a way that grows our business and, even if consummated, we may fail to successfully integrate and operate acquired properties.
• We may be unable to successfully expand our operations into new markets.
• We have experienced in the past, and may in the future, impairment charges to our properties.
• We may obtain only limited warranties when we purchase a property and typically have only limited recourse in the event our due diligence did not identify any issues that lower the value of our property.
• We may be unable to sell a property if or when we decide to do so, including as a result of uncertain market conditions or high inflation.
• We may be unable to secure funds for our future long-term liquidity needs.
• Income from our long-term leases at our office properties is an important source of our cash flow from operations and is subject to risks related to increases in expenses and inflation.
• We may finance properties with lock-out provisions, which may prohibit us from selling a property or may require us to maintain specified debt levels for a period of years on some properties.
• Increased operating expenses could reduce cash flow from operations and funds available to deploy capital or make distributions.
• The market environment may adversely affect our operating results, financial condition and ability to pay distributions on our Preferred Stock or any renewed distributions on our Common Stock.
• Real estate-related taxes may increase, and if these increases are not passed on to tenants, our income will be reduced.
• Proposition ULA may reduce the proceeds that we will receive when we sell our Los Angeles properties.
• We face risks associated with development, redevelopment, repositioning or construction of real estate projects.
• We face significant competition.
• War and terrorism could harm our operating results.
• In connection with the ownership and operation of real estate assets, we may be liable for costs and damages related to environmental matters.
• Our real estate business is subject to risks from climate change.
• Compliance with the ADA and fire, safety and other regulations may require us to make unanticipated expenditures and/or increase our operating costs that could significantly reduce the cash available for distributions on our Preferred Stock or any renewed distributions on our Common Stock.
• Inflation may adversely affect our real estate operations.
• Supply chain disruption and increased costs in labor and materials may adversely affect our real estate operations.
• Our participation in co-investments may subject us to risks that otherwise may not be present in other real estate assets.
• Our manager faces conflicts of interest relating to joint ventures or other co-investment arrangements that we may enter into with CIM or its affiliates, which could result in a disproportionate benefit to CIM or its affiliates.
• We have incurred significant indebtedness and may incur significant additional indebtedness on a consolidated basis.
• We intend to rely in part on external sources of capital to fund future capital needs and, if we encounter difficulty in obtaining such capital, we may not be able to meet maturing obligations or make additional acquisitions.
• High interest rates may make it difficult for us to finance or refinance assets, which could reduce the number of properties we can acquire and the amount of cash distributions we can make.
• Increases in interest rates could increase the amount of our debt payments and adversely affect our ability to pay distributions on our Preferred Stock or any renewed distributions on our Common Stock.
• We may not be able to generate sufficient cash flow to meet our debt service obligations.
• Lenders may require us to enter into restrictive covenants relating to our operations, which could limit our ability to make distributions on our Preferred Stock or any renewed distributions on our Common Stock.
• Interest-only indebtedness may increase our risk of default and ultimately may reduce our funds available for distribution on our Preferred Stock or any renewed distributions on our Common Stock.
• We may in the future enter into hedging transactions that could expose us to contingent liabilities in the future and materially adversely impact our financial condition and results of operations.
• Failure to qualify and maintain our qualification as a REIT would have significant adverse consequences to us and the value of our securities.
• Dividends payable by REITs do not qualify for the reduced tax rates available for some dividends.
• Our ownership of and relationship with our taxable REIT subsidiaries will be limited, and a failure to comply with the limits would jeopardize our REIT status and may result in the application of a 100% excise tax.
• We may be subject to adverse legislative or regulatory tax changes that could increase our tax liability or reduce our operating flexibility.
• In certain circumstances, we may be subject to certain federal, state and local taxes as a REIT, which would reduce our cash available for distribution on our Preferred Stock or any renewed distributions on our Common Stock.