Simon Sustainability Report 2014

PLASTIC FILM RECYCLING PROGRAM Engaging with our retailers to align on sustainability initiatives and to gain an understanding of their concerns is a key component to our tenant engagement strategy. Through our partnership with the Retail Industry Leaders Association, we gained a better understanding of how the retail industry has evolved, specifically in terms of plastic film usage for packaging merchandise and the challenges it brings along for retailers and for us to manage the impact on our waste stream. Simon worked with retailers and the American Chemistry Council to pilot a plastic film recycling initiative at five of our centers. Since the launch of the pilot, over 36 tons of plastic have been recycled. Upon successful completion of the pilot, we expect to scale the program and implement it at selected mall properties in 2015.

SUSTAINABILITY REPORT 2014

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