ELLENTON PREMIUM OUTLETS® THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER

More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets.

From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be.

We deliver:

SCALE Largest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills®

QUALITY Iconic, irreplaceable properties in great locations

INVESTMENT Active portfolio management increases productivity and returns

GROWTH Core business and strategic acquisitions drive performance

EXPERIENCE Decades of expertise in development, ownership, and management That’s the advantage of leasing with Simon. PROPERTY OVERVIEW

ELLENTON PREMIUM OUTLETS® ELLENTON, FL

MAJOR METROPOLITAN AREAS SELECT TENANTS Clearwater Tampa

Tampa: 42 miles Saks Fifth Avenue OFF 5TH, American Eagle Outfitters, Ann Taylor Factory Tampa Bay US St. Petersburg: 26 miles Store, Banana Republic Factory Store, Brooks Brothers Factory Store, 41 St. Petersburg Calvin Klein Company Store, Coach, Dooney & Bourke, Gap Factory Store, Sunshine Skywa J.Crew Factory, kate spade new york, Kenneth Cole Company Store, 75 RETAIL US LACOSTE Outlet, Lucky Brand Outlet, Michael Kors Outlet, Movado, 301

GLA (sq. ft.) 477,000; 130 stores NikeFactoryStore, Polo Ralph Lauren Factory Store, Tommy Hilfiger 275 Company Store, Under Armour Factory House Gulf of Mexico y

OPENING DATES Ellenton TOURISM / TRAFFIC Opened October 1991 Ellenton Premium Outlets is located 30 miles from popular vacation Bradenton areas including Longboat Key, Siesta Key and Fort DeSoto Beach. US PARKING RATIO 301 Manatee and Sarasota Counties are international premier sports Fruitville Road 5.6:1 destinations with IMG Academy; The Premier Sports Campus; ELLENTON and Nathan Benderson Park, home to the 2017 World Rowing Sarasota PREMIUM OUTLETS Championships. The center also draws from a strong international ELLENTON, FL RADIUS POPULATION customer base of Canadians and Europeans on holiday. 15 mile population: 473,448 30 mile population: 1,544,667 MAJOR ATTRACTIONS 45 mile population: 3,126,197 Busch Gardens, John & Mable Ringling Museum of Art, Longboat Key, Lowry Park Zoo, Mote Aquarium, Pittsburgh Pirates Spring Training at AVERAGE HH INCOME McKechnie Field, and South Museum. 30 mile average: $69,546 LOCATION / DIRECTIONS

Between the metropolitan areas of Tampa and Sarasota at I-75 and US 301 (Exit 224). Center has strong visibility on I-75. — From Bradenton: Take I-75N to Exit 224 — From Sarasota: Take I-75N to Exit 224 — From Tampa: Take I-75S to Exit 224 — From St. Petersburg: Take I-275S to I-75S to Exit 224

Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). SITE AND PLAN

TAMPA I-75 SARASOTA

NORTH I-75 SURROUNDING AREA CENTERS

Meadow Oaks St Leo Bayonet Point Celebra Jasmine Estates Connerton Pasadena Hills Four Corners Port Richey River Ridge Zephyrhills North New Port Richey Wesley Chapel SURROUNDING AREA CENTERS Loughma Beacon Square Land O' Lakes Zephyrhills South Key Vista 8 Trinity Odessa 7 Crystal Springs Simon Centers Holiday 7 Polk City Pebble Creek Davenport Competition Tarpon Springs Cheval Lutz Kathleen Auburndale Haines City Lake Alfred East Lake Northdale Lake Magdalene Palm Harbor University Grenelefe 1 Ellenton Premium Outlets® Westcha1s1e Combee Settlement 12 109 Temple Terrace Dunedin Lake Hamilton 2 DeSoto Square Oldsmar Crystal Lake Inwood Plant City Green131b2riar Egypt Lake-Leto er Winter Haven Dundee 3 International Plaza Safety Harbor Tampa Mango Dover Eagle Lake Clearwater Highland City Waverly 4 The Mall at University 163 Brandon Lakeland Highlands Wahneta Town Center Belleair Beach Belleair 15 5 1110 Willow Oak Mulberry Belleair Shore South Highpoint 5Palm River-Clair Mel Valrico Lake Wales 5 Old Hyde Park Village Ridgecrest Feather Sound Fuller Heights 3 Progress Village Bloomingdale Bartow 6 Port Charlotte Town Center Bardmoor Highland P Indian Shores Riverview Fish Hawk Alturas West Lealman 7 The Shops at Wiregrass Gibsonton North Redington Beach Kenneth City Homeland Hillcrest 8 Tampa Premium Outlets (2015) Madeira Beach Bradley Junction 89 St Petersburg 9 Tyrone Square Apollo Beach Bear Creek Balm Brewster Fort Meade 10 University Mall St Pete Beach Ruskin Sun City Center Frost 11 Westfield Brandon Wimauma Tierra Verde 12 Westfield Citrus Park

Fort Green Bowling Green 13 Westfield Countryside

Av 14 Westfield Sarasota Square Fort Green Springs Lemon Grove 15 Westfield Southgate Memphis Wauchula 16 Westshore Plaza Anna Maria 1 Ellenton 15 MILES Bradent West Bradenton Zolfo Springs Ona Bradenton Beach West2 Samoset Bayshore Gardens eld

Longboat Key Desoto Lak4es Limestone Gardner The Meadows 30 MILES Fruitville Southgate Ridge Wood Heigh151ts4 Lake Sarasota

Gulf Gate Estates

14Va13mo Arcadia

Osprey Southeast Arcadia

45 MILES Laurel Nokomis Venice Venice Gardens South Venice Plantation North Port Warm Mineral Springs Port Charlotte6 Harbour Heights Charlotte Harbor Englewood Solana Cleveland

Grove City Charlotte Park Rotonda

Burnt Store Marina OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

DeSoto Square 690,000 sf JCPenney, Sears, Hudson’s Furniture 6 miles / 20 minutes Bradenton, FL

The Mall at University Town Center 880,000 sf Dillard’s, Macy’s, Saks Fifth Avenue 10 miles / 15 minutes Sarasota, FL

Westfield Southgate 422,000 sf Macy’s 16 miles / 30 minutes Sarasota, FL

Westfield Sarasota Square JCPenney, Macy’s, Sears, 894,000 sf 20.7 miles / 38 minutes Sarasota, FL Costco Warehouse

Tyrone Square 1,094,000 sf Dillard’s, Macy’s, JCPenney, Sears 22.5 miles / 38 minutes St. Petersburg, FL

Old Hyde Park Village Anthropologie, Brooks Brothers, 226,000 sf 27.9 miles / 47 minutes Tampa, FL Pottery Barn

Brandon Town Center 1,420,000 sf Dillard’s, Macy’s, JCPenney, Sears 35 miles / 36 minutes Brandon, FL

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Miromar Outlets 606,000 sf 60 miles / 1 hour 40 minutes Estero, FL

Tanger Outlets - Fort Myers 199,000 sf 80 miles / 1 hour 51 minutes Ft. Myers, FL

Orlando Vineland Premium Outlets® 655,000 sf Saks Fifth Avenue OFF 5TH 98 miles / 1 hour 33 minutes Orlando, FL

Outlet Marketplace 199,000 sf 105 miles / 1 hour 43 minutes Orlando, FL

Orlando International Premium Outlets® Neiman Marcus Last Call, 774,000 sf 106 miles / 1 hour 44 minutes Orlando, FL Saks Fifth Avenue OFF 5TH 60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).