Office Properties Income Trust (OPITQ) Registration Filing summary

Company overview and business model

• Organized as a Maryland real estate investment trust (REIT) focused on acquiring, holding, managing, and disposing of property and interests in property, with the intent to qualify as a REIT under the Internal Revenue Code.

• The trust is not considered a general partnership, limited partnership, joint venture, joint stock company, or corporation, but may be treated as an association for tax purposes.

• The Board of Trustees has broad authority to manage the business and affairs, including the power to terminate REIT status, amend bylaws, and issue shares.

Management team and governance

• The Board of Trustees manages the trust, with the number of trustees set by the bylaws and divided into classes until 2023, after which all trustees are elected annually.

• Trustees can be removed with cause by a supermajority of shareholders or with/without cause by a supermajority of remaining trustees.

• Officers and trustees are protected by indemnification provisions and liability limitations to the fullest extent permitted by Maryland law.

Offering details and pricing

• Registration statement filed on Form S-3 for the offer and sale of securities from time to time after the effective date.

• Estimated total expenses for the offering are $90,000, including SEC registration, legal, accounting, and miscellaneous fees.

• The offering may be conducted on a delayed or continuous basis under Rule 415.