Sustainability Report 2017

SUSTAINABILITY FOCUSAREAS

PROPERTIES | CUSTOMERS | COMMUNITIES | EMPLOYEES

Simon has invested over $5.0BILLION

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. Across the country, Simon centers are established as gathering places in the local community, where consumers can shop, dine, and make memories together. We continue to focus on investments in our physical product to enhance the shopping experience. Over the past five years, we have invested more than $5.0 billion in redevelopment and new development projects and expect to spend approximately $1.0 billion per year in 2017 and 2018. Also, through social initiatives, we embed ourselves in the local culture of the communities. For example, by supporting nonprofit organizations in a range of activities throughout the year, we take a localized approach for identifying social initiatives to meet the specific needs of each community. 100% of our centers engage with their communities. Select examples are listed on the following page.

in redevelopment and new projects over the past five years. We expect to invest approximately

COMMUNITIES

$1.0BILLION per year in 2017 and 2018 of our centers offer local 100%

engagement activities that better the communities.

39

SUSTAINABILITY REPORT 2017