Simon Sustainability Report 2018

SUSTAINABILITY FOCUSAREAS

PROPERTIES | CUSTOMERS | COMMUNITIES | EMPLOYEES

“The development, construction, and operation of shopping centers support local and national economies through job creation, small and local business development, and other investments that contribute to economic development. Brick and mortar shopping enhances the quality of life and wellbeing of communities in numerous ways, including the support of vital local interests such as education, public safety, and infrastructure. Additionally, in the ever-growing age of digitalization, shopping centers create gathering spaces for visitors to shop, dine, socialize, and share in-person experiences with family, friends, and other members of their local communities.”

COMMUNITY ENGAGEMENT MEANS CREATING POSITIVE SOCIAL AND ECONOMIC IMPACTS WHERE WE OPERATE We understand that engaging with our communities is essential to our business success. We are committed to being a responsible corporate citizen, building strong communities through promoting development activities and social initiatives. In 2018 Simon conducted research titled “The Impact of Brick and Mortar Shopping” to measure the true impact of brick and mortar shopping in communities. The results of this study provides Simon a baseline from which to measure future progress and help shape our sustainability strategy towards best serving our retailers and customers. The findings of the report highlight the scale of the impact that retail destinations continue to have on local communities: —The development, construction, and operation of shopping centers support local and national economies through job creation, small and local business development, and trigger other investments that contribute to the community’s local economic development. —Brick and mortar shopping is not just about consumers purchasing goods and services; shopping malls also contribute to improvements in quality of life and the communities’ wellbeing, for example our properties work with community members to provide fundraising relating to youth education and development. —Shopping malls generate carbon emissions, send waste to landfills, and consume water throughout daily operations, but present many opportunities to reduce environmental impact. —Shopping centers create new destinations for consumers to shop, dine, entertain, and have in-person connections and experiences with friends, family, and community members in the ever-growing age of digitalization.

COMMUNITIES

David Simon Chairman and Chief Executive Officer

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SUSTAINABILITY REPORT 2018

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