Simon 2021 Annual Report

ABQ Uptown Albuquerque, NM — 6,374 75,333 4,054 7,572 10,428 82,905 93,333 32,112 2011 (4) Northgate Station Seattle, WA — 23,610 115,992 11,947 81,738 35,557 197,730 233,286 55,568 1987 University Park Village Fort Worth, TX 53,408 18,031 100,523 — 8,245 18,031 108,768 126,799 26,205 2015 (4)

$ 17,552 $ 1,745 $ 12,529 $ — $ 2,188 $ 1,745 $ 14,717 $ 16,462 $ 10,845 2010 (4) 17,000 1,112 1,748 — 4,735 1,112 6,483 7,595 3,976 2010 (4) (Greenville/Charlotte), SC 28,352 4,056 32,371 — 5,785 4,056 38,156 42,212 22,623 2010 (4) — 3,367 1,557 — 3,726 3,367 5,283 8,650 3,164 2010 (4) — 1,397 8,874 — — 1,397 8,874 10,272 1,364 2004 (4) Southridge Mall Greendale (Milwaukee), WI 112,087 12,359 130,111 1,939 12,244 14,298 142,355 156,653 58,663 2007 (4) (5) Other pre- development costs 73,854 102,451 259,687 959 — 103,410 259,687 363,097 78 Other — 3,537 133,632 31 — 3,568 133,632 137,201 17,798 Currency Translation Florida Keys Outlet Center Florida City, FL Gaffney Marketplace Gaffney Orlando Outlet Marketplace Osage Beach Marketplace Orlando, FL Osage Beach, MO

Name Location Encumbrances (6) Land Improvements Land Improvements Land Improvements Total (1) Depreciation (2) Acquisition La Reggia Designer Outlet Marcianise (Naples), Italy 148,397 37,220 233,179 — 34,674 37,220 267,853 305,073 60,272 2013 (4) (5) (7) Noventa Di Piave Designer Outlet Venice, Italy 314,876 38,793 309,283 — 73,479 38,793 382,762 421,555 77,400 2013 (4) (5) (7) Ochtrup Designer Outlet Ochtrup, Germany 56,715 11,770 99,221 — — 11,770 99,221 110,991 7,188 2016 (4) (5) (7) 208,273 14,903 223,156 — 4,924 14,903 228,080 242,983 59,149 2013 (4) (5) (7) Parndorf Designer Outlet Vienna, Austria

260,891 15,035 400,094 — 16,700 15,035 416,794 431,829 110,259 2013 (4) (5) (7)

92,899 41,321 78,279 6,169 — 47,490 78,279 125,769 30,462 2017 (4) (5) (7)

Netherlands 65,105 22,191 108,069 — 6,917 22,191 114,986 137,178 28,406 2017 (4) (5) (7)

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

Adjustment — 5,940 11,216 — 36,025 5,940 47,242 53,182 (33,934) $ 5,366,190 $ 3,270,099 $ 25,016,217 $ 369,254 $ 8,841,645 $ 3,639,353 $ 33,857,863 $ 37,497,216 $ 15,304,461

Cost Capitalized

December 31, 2021

(Dollars in thousands)

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

Real Estate and Accumulated Depreciation

Calhoun, GA

Provence, France

Roermond, Netherlands Roosendaal,

Lifestyle Centers

Other Properties Calhoun Marketplace

Provence Designer Outlet

Roermond Designer Outlet Roosendaal

Designer Outlet

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