KILROY REALTY CORPORATIONUnderwriting Agreement • March 22nd, 2012 • Kilroy Realty, L.P. • Real estate investment trusts • New York
Introductory. Kilroy Realty Corporation, a Maryland corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule A (the “Underwriters”) an aggregate of 4,000,000 shares (the “Firm Shares”) of its 6.875% Series G Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Series G Preferred Stock”). In addition, the Company has granted to the Underwriters an option to purchase up to an additional 600,000 shares (the “Optional Shares”) of Series G Preferred Stock, as provided in Section 2. The Firm Shares and, if and to the extent such option is exercised, the Optional Shares are collectively called the “Shares.” The terms of the Shares will be set forth in articles supplementary (the “Articles Supplementary”) to be filed by the Company with the State Department of Assessments and Taxation of Maryland (the “SDAT”). Wells Fargo Securities, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated have agreed to act as representatives of
