CINCINNATI 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

CINCINNATI PREMIUM OUTLETS® MONROE, OH

MAJOR METROPOLITAN AREAS SELECT TENANTS

Cincinnati: 23 miles Saks Fifth Avenue OFF 5TH, adidas, Banana Republic Factory Store,

Dayton: 25 miles BCBGMAXAZRIA, Brooks Brothers Factory Store, Calvin Klein 75 Lexington, KY: 110 miles Company Store, Coach Factory Store, Cole Haan Outlet, The Converse Columbus 70 , IN: 120 miles Outlet, Disney Store Outlet, Elie Tahari Outlet, Gap Factory Store, Indianapolis HanesBrands Outlet, J.Crew Factory, Le Creuset, Michael Kors Outlet, 70 71 Dayton 675 NikeFactoryStore, The North Face, Polo Ralph Lauren Factory Store, RETAIL 35 Reebok Outlet, Talbots Outlet, Tommy Hilfiger Company Store, True GLA (sq. ft.) 399,000; 100 stores Religion, Under Armour Factory House 75 Monroe 71 63 35 OPENING DATES TOURISM / TRAFFIC

Opened August 2009 The Cincinnati market consists of a three-state (Southwest , Cincinnati Northern Kentucky and Southeast Indiana), 15-county region comprising 275 over 2.1 million people. This ranks it the nation’s 25th top metro area RADIUS POPULATION by population. Cincinnati/Northern Kentucky International Airport is a CINCINNATI PREMIUM OUTLETS 15 mile population: 706,437 major hub for regional and international travel, servicing over 22.5 million MONROE, OH 30 mile population: 2,379,095 passengers annually. 45 mile population: 3,141,763 Cincinnati is headquarters to nine Fortune 500 companies, including Proctor & Gamble and Kroger. Along with a vibrant business AVERAGE HH INCOME environment, Cincinnati also offers world-class arts, cultural events 30 mile average: $72,193 and major league sporting attractions. The region has more than 100 museums and galleries, and is home to the Cincinnati Symphony, Ballet, Opera and Pops. In addition, the Cincinnati Zoo is one of the top five zoos in the nation. The site is visible to 90,000 vehicles which pass on I-75 each day.

LOCATION / DIRECTIONS

SE Quadrant, I-75 to Exit 29 (SR 63)

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

CORRIDOR DR.

SR 63

PREMIUM OUTLETS DR.

Exit to SR 63

I-75

NORTH I-75 SURROUNDING AREA CENTERS

Unionville Ce Bradford St Paris Covington P Greenville Urbana Mutual Blountsville Pleasant Hill Casstown Modoc Lynn Palestine Troy Losantville Wayne Lakes SURROUNDING AREA CENTERS Tremont City Plumwood Mooreland Hollansburg Ludlow Falls Catawba Pitsburg North Hampton Northridge Economy Simon Centers New Madison Potsdam Tipp City Choctaw Lake Whitewater New Carlisle 17 Competition Castine Ithaca 17 Lafayette Clayton South Vienna Hagerstown Donnelsville e Eldorado Phillipsburg Greens Fork London Vandalia Crystal Lakes Green Meadows 1 Cincinnati Premium Outlets® New Paris Englewood Spring Grove Lewisburg 2 Crestview Hills Town Center Huber Heights Centerville 1111 South Charleston Straughn East Germantown 3 Fairborn Clifton Trotwood Milton Dayton 4 Deerfield Towne Center Riverside 9 Eaton 9 5 Eastgate Mall Boston West AlexandriaNew Lebanon Cedarville Drexel Beavercreek South Solon Midway 6 Florence Mall Oakwood Wilberforce Mo Moraine Lake Lakengren 77 Xenia 7 The Greene Towne Center Farmersville Kettering Connersville West Carrollton Jamestown 8 Gratis Liberty Camden Bellbrook Glenwood Germantown 3 9 The Mall at Fairfield Commons 14 Spring Valley Octa14 Bloomingburg 10 West Elkton Springboro Milledgeville Bowersville Carlisle West College Corner Somerville 11 Richmond Square Mall Franklin Five Points Port William Jacksonburg Washington Court House 12 Rookwood Commons Corwin Laurel Oxford Middletown Harveysburg 13 Streets of West Chester Darrtown 1515 Hunter Sabina Seven Mile Trenton 14 Tanger Outlets―Jeffersonville Monroe Metamora Williamsdale Good Hope 15 Towne Mall burg 1 Wilmington Brookville Lebanon 16 Tri-County Mall Lake Santee Mount Carmel Clarksville Millville Hamilton 15 MILES Four Bridges 17 Upper Valley Mall Cedar Grove Wetherington Kings Mills Morrow Highland Oldenburg Olde West Chester Ross Martinsville New Vienna Batesville New Trenton 1313 Landen Maineville w Point 4 Blanchester Midland St Leon 1616 Highpoint Mount Healthy Heights Loveland Pleasant Plain West Harrison 30 MILES Woodlawn Montgomery Sunman Taylor Creek1010 Pleasant Hills Lynchburg Remington Bright Miamitown White Oak Arlington Heights St Martin Hillsboro oleon 8 Camp Dennison Hooven 8 Highland Holiday Dent Elmwood Place Newtonsville Fayetteville Hidden Valley Milford Cynthiana Cleves Norwood Mack Cheviot 1212 Plainville Osgood Addyston Cincinnati Milan Greendale Summerside Owensville 45 MILES Moores Hill Lawrenceburg Francisville Bellevue 5 Bromley Fort Thomas Cherry Grove Batavia Buford Sinking Spring Versailles Aurora Hebron Southgate Withamsville Erlanger Williamsburg Highland Heights Mowrystown Dillsboro Burlington 2 Amelia Mount Orab Sardinia Edgewood2 Cold Spring Oakbrook6 Alexandria Belleview Ryland Heights New Richmond Bethel Rising Sun Union Independence Lake Waynoka Peebles Rabbit Hash Seaman Claryville California Hamersville Mentor Cherry Fork East Enterprise Georgetown Canaan Walton Moscow Russellville Patriot Felicity Verona Foster Chilo Florence Butler Higginsport West Union Crittenden Augusta Dover Bentonville Brooksburg Vevay Ripley Glencoe OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Tri-County Mall 1,350,000 sf Dillard’s, Macy’s, Sears 14 miles / 15 minutes Cincinnati, OH

Dayton Mall 1,350,000 sf JCPenney, Macy’s, Sears 18 miles / 20 minutes Dayton, OH

Northgate Mall 1,100,000 sf Macy’s, Sears 23 miles / 30 minutes Cincinnati, OH

Kenwood Towne Centre 1,113,000 sf Dillard’s, Macy’s, Nordstrom 25 miles / 38 minutes Cincinnati, OH

OUTLET SHOPPING GROSS LEASABLE AREA DISTANCE / DRIVE-TIME

Tanger Outlets―Jeffersonville 341,000 sf 49 miles / 1 hour Jeffersonville, OH 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).