Simon Sustainability Report 2019

THIS IS SIMON

Building the Shopping Destinations of the Future

Simon at the Epicenter of Commerce and Community

Domestic Properties Significant Redevelopment and Expansions Completed in 2018 & 2019 Aventura Mall North Miami Beach, Fl 217,000 SF expansion Burlington Mall Burlington (Boston), MA Redevelopment of the former Sears TBA into The Village at Burlington Mall

International Properties New Development and Expansions Opened in 2018 & 2019 Premium Outlet Collection Edmonton International Airport Edmonton, Canada 424,000 SF upscale Premium Outlets center Shisui Premium Outlets Shisui, Japan 68,000 SF Phase II expansion Toronto Premium Outlets ® Toronto, Canada Redevelopment and 145,000 SF expansion Addition of parking deck Premium Outlets ® Querétaro Querétaro, Mexico 294,000 SF upscale Premium Outlets center Malaga Designer Outlet Malaga, Spain 191,000 SF upscale Designer Outlet center

Creating the Mixed-Use Destinations of the Future The new live, work, play, stay, shop experience

$5B Investment Over Next 5 Years

$7B Investment Over Past 7 Years

3,000+ Market Leading Tenants Curating Creative Retail World's leading collection of brands

Southdale Center Edina (Minneapolis), MN

Redevelopment of the former JCPenney building with Life Time Athletic, Life Time Work/Sport, and restaurants The Shops at Riverside ® Hackensack (New York), NJ Completion of multi-year transformation with dramatic luxury redevelopment

Creating Sustainable Communities Creating a positive economic, social, and environmental impact

Creating an Interactive Future Industry leading programs that provide a seamless shopping experience

95% Occupancy Over Last 7 Years

3,000 Retailer Designers on Shoppremiumoutlets.com 450+ Interactive Directories

Paju Premium Outlets Seoul, South Korea 116,000 SF Phase II expansion

New Development Completed in 2018 Denver Premium Outlets ® Denver, CO 328,000 SF upscale Premium Outlets center

Vancouver Designer Outlet Vancouver (British Columbia), Canada 84,000 SF Phase II expansion Ashford Designer Outlet Kent, United Kingdom 98,000 SF Phase II expansion Tosu Premium Outlets Tosu, Japan 38,000 SF Phase IV expansion Noventa Di Piave Designer Outlet

Driving Traffic and Sales Innovative advertising and programming that resonates with consumers and provides results for our retailers

$4.6B Advertising Impressions

182M Website Visits

Noventa di Piave (Venice), Italy 29,000 SF Phase V expansion

| SIMON PROPERTY GROUP, INC.

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SUSTAINABILITY REPORT 2019 |