Simon 2021 Annual Report

Michigan City (Chicago, IL), IN — 6,630 94,138 — 13,130 6,630 107,268 113,898 61,728 2004 (4) Merrimack, NH Napa, CA — 11,400 45,023 — 7,418 11,400 52,441 63,841 29,189 2004 (4)

Leesburg (Washington, DC), VA — 7,190 162,023 — 21,692 7,190 183,715 190,905 92,572 2004 (4) — 14,975 118,428 — 2,501 14,975 120,929 135,904 47,885 2012

North Bend (Seattle), WA — 2,143 36,197 — 5,281 2,143 41,478 43,621 20,845 2004 (4)

Petaluma (San Francisco), CA — 13,322 13,710 — 3,632 13,322 17,342 30,664 11,293 2004 (4)

Name Location Encumbrances (6) Land Improvements Land Improvements Land Improvements Total (1) Depreciation (2) Acquisition Jersey Shore Premium Outlets Tinton Falls (New York), NJ — 15,390 50,979 — 78,779 15,390 129,758 145,148 70,019 2007 Johnson Creek Premium Outlets Johnson Creek, WI — 2,800 39,546 — 7,221 2,800 46,767 49,567 24,617 2004 (4) Kittery Premium Outlets Kittery, ME — 11,832 94,994 — 11,059 11,832 106,053 117,885 49,905 2004 (4) Las Americas — 45,168 251,878 — 11,203 45,168 263,081 308,249 110,122 2007 (4)

Dawsonville (Atlanta), GA — 4,300 137,020 — 1,877 4,300 138,897 143,197 69,520 2004 (4) Orlando, FL — 31,998 472,815 — 17,633 31,998 490,448 522,446 198,096 2010 (4)

Limerick (Philadelphia), PA — 16,676 105,249 — 25,050 16,676 130,299 146,975 77,436 2006 — — 63,082 — 485 — 63,567 63,567 26,526 2013 32,975 4,317 19,044 — 2,833 4,317 21,877 26,194 14,177 2010 (4)

48,604 9,167 52,212 — 4,213 9,167 56,425 65,592 32,727 2010 (4)

— 13,085 160,777 — 32,579 13,085 193,356 206,441 92,359 2004 (4)

IL/Milwaukee), WI 145,000 16,823 126,686 — 8,524 16,823 135,210 152,033 60,263 2010 (4) 160,000 20,586 114,021 — 8,467 20,586 122,488 143,074 55,420 2010 (4)

— 25,435 134,973 16,536 151,229 41,971 286,202 328,173 141,918 2004 (4)

— 14,040 382,949 36,023 25,087 50,063 408,036 458,099 190,674 2004 (4)

(Baltimore), MD 57,928 8,129 61,950 — 5,000 8,129 66,950 75,079 31,396 2010 (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

Pleasant Prairie (Chicago,

Barceloneta, PR

Queenstown

Chandler (Phoenix), AZ Pismo Beach, CA

Orlando, FL

San Diego, CA

Las Vegas, NV

Las Vegas, NV Lee, MA

Premium Outlets Puerto Rico

Premium Outlets Queenstown

Premium Outlets

Phoenix Premium Outlets Pismo Beach

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Pleasant Prairie

Petaluma Village Philadelphia Premium Outlets

Premium Outlets

Merrimack Premium Outlets Napa Premium Outlets

North Bend

Premium Outlets North Georgia Orlando

Premium Outlets International

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Orlando Vineland

Premium Outlets

Lighthouse Place

Premium Outlets

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Las Vegas North

Premium Outlets

Las Vegas South

Premium Outlets Lee Premium Outlets

Leesburg Corner

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