Simon 2021 Annual Report

Simon Property Group, Inc. Simon Property Group, L.P. Notes to Consolidated Financial Statements (Dollars in thousands, except share, per share, unit and per unit amounts and where indicated as in millions or billions)

12. Quarterly Financial Data (Unaudited) Quarterly 2021 and 2020 data is summarized in the table below. Quarterly amounts may not sum to annual amounts due to rounding. First Second Third Fourth Quarter Quarter Quarter Quarter 2021 Total revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,239,951 $ 1,254,146 $ 1,296,554 $ 1,326,138 Operating income before other items. . . . . . . . . . . . . . 604,612 604,723 612,324 591,533 Consolidated net income . . . . . . . . . . . . . . . . . . . . . . 510,460 705,869 778,648 573,730 Simon Property Group, Inc. Net income attributable to common stockholders . . . . . $ 445,860 $ 617,257 $ 679,936 $ 503,241 Net income per share — Basic and Diluted . . . . . . . . . $ 1.36 $ 1.88 $ 2.07 $ 1.53

Weighted average shares outstanding — Basic and Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Simon Property Group, L.P. Net income attributable to unitholders . . . . . . . . . . . . . $ Net income per unit — Basic and Diluted. . . . . . . . . . . $ Weighted average units outstanding — Basic and Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2020 Total revenue (1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Operating income before other items. . . . . . . . . . . . . . Consolidated net income . . . . . . . . . . . . . . . . . . . . . . Simon Property Group, Inc. Net income attributable to common stockholders . . . . . $ Net income per share — Basic and Diluted . . . . . . . . . $ Weighted average shares outstanding — Basic and Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Simon Property Group, L.P. Net income attributable to unitholders . . . . . . . . . . . . . $ Net income per unit — Basic and Diluted. . . . . . . . . . . $ Weighted average units outstanding — Basic and Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

328,514,497

328,594,136

328,619,163

328,619,248

510,085 $

706,087 $

777,740 $

575,596

1.36 $

1.88 $

2.07 $

1.53

375,836,653

375,875,290

375,882,318

375,872,212

1,353,360 $

1,062,041 $

1,060,674 $

1,131,429 462,047 312,726

654,869 505,404

450,868 290,548

404,024 168,646

437,605 $

254,213 $

145,926 $

271,483

1.43 $

0.83 $

0.48 $

0.86

306,504,084

305,882,326

305,913,431

316,595,345

504,263 $

292,863 $

168,086 $

311,238

1.43 $

0.83 $

0.48 $

0.86

353,191,960

352,410,392

352,420,845

363,050,401

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