Simon 2021 Annual Report

$ 50,000 $ — $ 27,949 $ — $ 7,694 $ — $ 35,643 $ 35,643 $ 19,001 2010 (4) (Baltimore/Washington, DC), MD 71,901 3,576 85,883 — 1,973 3,576 87,856 91,432 42,753 2010 (4) Cypress (Houston), TX — 8,695 69,350 — 44,528 8,695 113,878 122,573 58,104 2007 Edinburgh (Indianapolis), IN — 2,857 47,309 — 20,544 2,857 67,853 70,710 38,049 2004 (4) — 6,413 104,013 3 8,245 6,416 112,258 118,674 55,053 2004 (4)

Folsom (Sacramento), CA — 9,060 50,281 — 5,956 9,060 56,237 65,297 34,092 2004 (4) — 9,630 194,122 — 16,955 9,630 211,077 220,707 109,942 2004 (4)

Name Location Encumbrances (6) Land Improvements Land Improvements Land Improvements Total (1) Depreciation (2) Acquisition Premium Outlets Albertville Premium Outlets Albertville (Minneapolis), MN — 3,900 97,059 — 10,069 3,900 107,128 111,028 56,242 2004 (4) Allen Premium Outlets Allen (Dallas), TX — 20,932 69,788 — 44,770 20,932 114,558 135,490 39,846 2004 (4) Aurora Farms — 2,370 24,326 — 9,045 2,370 33,371 35,741 25,244 2004 (4) 123,000 11,477 77,856 — 8,978 11,477 86,834 98,311 40,083 2010 (4)

Grand Prairie (Dallas), TX — 9,497 194,245 — 1,330 9,497 195,575 205,072 61,119 2012

Grove City (Pittsburgh), PA 140,000 6,421 121,880 — 8,365 6,421 130,245 136,666 78,970 2010 (4) Gulfport, MS Hagerstown

Cabazon (Palm Springs), CA — 3,440 338,679 — 116,191 3,440 454,870 458,310 200,331 2004 (4) 178,000 15,807 182,412 — 8,034 15,807 190,446 206,253 116,060 2010 (4)

— 2,060 107,556 1,532 6,730 3,592 114,286 117,878 64,861 2004 (4)

— 14,117 71,520 — 3,367 14,117 74,887 89,004 38,032 2008

— 11,001 45,335 10 73,657 11,011 118,992 130,003 18,076 2018

Carlsbad (San Diego), CA — 12,890 184,990 96 10,584 12,986 195,574 208,560 93,869 2004 (4) — 3,175 59,863 5,311 7,682 8,486 67,545 76,031 39,192 2004 (4) — 659 118,005 13,050 96,798 13,709 214,803 228,512 89,810 2004 (4)

Camarillo (Los Angeles), CA — 16,599 224,721 395 73,858 16,994 298,579 315,572 155,743 2004 (4)

Initial Cost (3) Acquisition (3) Carried At Close of Period Construction Buildings and Buildings and Buildings and Accumulated or

Subsequent to Gross Amounts At Which Date of

Cost Capitalized

December 31, 2021

(Dollars in thousands)

Simon Property Group, Inc. Simon Property Group, L.P.

Real Estate and Accumulated Depreciation

Jackson (New York), NJ

Gilroy (San Jose), CA

Ellenton (Tampa), FL

Smithfield (Raleigh), NC Aurora (Chicago), IL Clinton, CT

Thornton (Denver), CO

Birch Run (Detroit), MI

Monroe (Cincinnati), OH

Aurora (Cleveland), OH

Jackson Premium Outlets

Houston Premium Outlets

Indiana Premium Outlets

Grove City Premium Outlets

Gulfport Premium Outlets Hagerstown

Premium Outlets

Gilroy Premium Outlets

Grand Prairie

Premium Outlets

Ellenton Premium Outlets

Folsom Premium Outlets

Clinton Crossing

Premium Outlets

Denver Premium Outlets Desert Hills

Premium Outlets

Birch Run Premium Outlets

Camarillo Premium Outlets

Carlsbad Premium Outlets

Carolina Premium Outlets

Chicago Premium Outlets

Cincinnati Premium Outlets

Premium Outlets

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