Simon Sustainability Report 2020-2021

GRI 401: EMPLOYMENT

Disclosure number

Disclosure title

2020 Response

103-1

Explanation of the material topic and its boundary The management approach and its components Evaluation of the management approach New employee hires and employee turnover Benefits provided to full-time employees that are not provided to temporary or part-time employees

Materiality Assessment

103-2

See chapter: Employees

103-3

See chapter: Environment

401-1

401-2

Simon provides part-time and full-time employees with life insurance; health care, disability, and invalidity coverage; as well as retirement provisions, though these may vary based on employment contracts.

401-3

Parental leave

Simon provides disability income benefits for full-time employees that are unable to work because of non-work-related illness or injury, which includes the birth of a child. The disability benefits can help provide income protection while an employeeis temporarily disabled and unable to work. Benefit amounts and duration of benefits vary by position. In addition to leave under the Family and Medical Leave Act of 1993 (FMLA), Simon abides by State family and medical leave laws that may apply.

GRI 413: LOCAL COMMUNITIES

Disclosure number

Disclosure title

2020 Response

103-1

Explanation of the material topic and its boundary The management approach and its components Evaluation of the management approach Operations with local community engagement, impact assessments, and development programs Operations with significant actual and potential negative impacts on local communities

Materiality Assessment

103-2

See chapter: Communities

103-3

See chapter: Environment

413-1

100%. All Simon properties have specific community involvement plans. Environmental impact assessments for all projects are undertaken to gain development approval.

413-2

No Simon operation has been identified to have posed a significant actual or potential negative impact on local communities. Potential negative impacts are typically identified in the planning and approval phase and tackled in accordance with local laws and regulations.

| CREATING SUSTAINABLE COMMUNITIES 64