Simon 2021 Annual Report

(Jacksonville), FL — 6,090 57,670 2 13,850 6,092 71,520 77,612 39,632 2004 (4)

Great Mall Milpitas (San Jose), CA — 69,853 463,101 — 60,466 69,853 523,567 593,420 175,704 2007 (4) (5) Gurnee Mills Gurnee (Chicago), IL 257,710 41,133 297,911 — 31,134 41,133 329,045 370,178 113,342 2007 (4) (5) Mills at Jersey Gardens, The Elizabeth, NJ — 120,417 865,605 — 14,991 120,417 880,596 1,001,013 229,102 2015 (4) Opry Mills Nashville, TN 375,000 51,000 327,503 — 16,927 51,000 344,430 395,430 112,976 2007 (4) (5)

Name Location Encumbrances (6) Land Improvements Land Improvements Land Improvements Total (1) Depreciation (2) Acquisition Rio Grande Valley Premium Outlets Mercedes (McAllen), TX — 12,229 41,547 — 28,036 12,229 69,583 81,812 43,037 2005 Round Rock Premium Outlets Round Rock (Austin), TX — 13,485 82,252 — 5,259 13,485 87,511 100,995 55,956 2005 San Francisco Premium Outlets Livermore (San Francisco), CA — 21,925 308,694 46,176 75,532 68,102 384,226 452,328 110,323 2012 San Marcos — — 103,722 — 55,323 — 159,045 159,045 81,104 2004 (4)

$ — $ 7,720 $ 172,931 $ — $ 19,407 $ 7,720 $ 192,338 $ 200,058 $ 93,873 2004 (4) — 12,508 69,677 — 5,649 12,508 75,326 87,834 19,786 2015 — 9,420 84,850 — 18,490 9,420 103,340 112,760 58,544 2004 (4) — 22,630 77,316 — 19,863 22,630 97,179 119,809 50,647 2004 (4) — 3,230 75,277 — 14,620 3,230 89,897 93,127 49,967 2004 (4) 185,000 10,323 223,789 — 8,947 10,323 232,736 243,059 95,160 2010 (4) Woodburn (Portland), OR — 9,414 150,414 — 2,987 9,414 153,401 162,815 50,987 2013 (4) Central Valley (New York), NY — 11,010 862,559 1,771 270,451 12,781 1,133,010 1,145,790 480,423 2004 (4) — 4,900 282,031 — 49,664 4,900 331,695 336,595 155,589 2004 (4) Marana (Tucson), AZ Vacaville, CA Waipahu (Honolulu), HI Waterloo, NY Williamsburg, VA

Outlets at Orange, The Orange (Los Angeles), CA 215,000 64,973 211,322 — 3,544 64,973 214,866 279,840 25,872 2007 (4) (5) Potomac Mills Woodbridge

San Marcos (Austin/San Antonio), TX — 13,180 287,179 — 14,047 13,180 301,226 314,406 125,685 2010 (4) — 14,298 97,188 121 5,911 14,419 103,099 117,518 27,571 2015 Tulalip (Seattle), WA St. Augustine

(Washington, DC), VA 416,000 61,608 425,370 — 40,194 61,608 465,564 527,172 165,137 2007 (4) (5) Sawgrass Mills Sunrise (Miami), FL — 192,981 1,641,153 5,395 227,774 198,376 1,868,927 2,067,302 592,984 2007 (4) (5) Designer Outlets

Arizona Mills Tempe (Phoenix), AZ 99,682 41,285 297,289 — 15,079 41,285 312,368 353,653 85,269 2007 (4) (5)

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

Lutz (Tampa), FL

Tannersville, PA

Wrentham (Boston), MA

Premium Outlets

Seattle Premium Outlets

St. Augustine

Premium Outlets

Tampa Premium Outlets

The Crossings

Premium Outlets

Wrentham Village The Mills Premium Outlets

Tucson Premium Outlets

Vacaville Premium Outlets

Waikele Premium Outlets

Waterloo Premium Outlets Williamsburg

Woodbury Common Premium Outlets

Premium Outlets

Woodburn Premium Outlets

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