Epstein Secrets

h expected yields in the 4-11% range Color on the recent opening of the Broadway Plaza expansion that is over 90% leased and the Fashion Outlets of Philadelphia that recently commenced construction Update on Country Club Plaza plans and opportunity • Update on 22 ARO stores • Update on WithMe partnership

2016 3016 Earrings "us Actual Actual DIM Cons FFO/sh S101 51 02 $1 01 FFO/sh as adjusted SI 01 SI 02 $1 04 SI 05 INtrotirq Matins Actusl AMA Pet CoBo Occupancy (Total centers. signed) 954% 950% 953% Aq Ch -1 Obp Old 2500 vN Ch CON, .soop -15to °person/closing rent sprea

h expected yields in the 4-11% range Color on the recent opening of the Broadway Plaza expansion that is over 90% leased and the Fashion Outlets of Philadelphia that recently commenced construction Update on Country Club Plaza plans and opportunity • Update on 22 ARO stores • Update on WithMe partnership

2016 3016 Earrings "us Actual Actual DIM Cons FFO/sh S101 51 02 $1 01 FFO/sh as adjusted SI 01 SI 02 $1 04 SI 05 INtrotirq Matins Actusl AMA Pet CoBo Occupancy (Total centers. signed) 954% 950% 953% Aq Ch -1 Obp Old 2500 vN Ch CON, .soop -15to °person/closing rent sprea

h expected yields in the 4-11% range Color on the recent opening of the Broadway Plaza expansion that is over 90% leased and the Fashion Outlets of Philadelphia that recently commenced construction Update on Country Club Plaza plans and opportunity • Update on 22 ARO stores • Update on WithMe partnership

2016 3016 Earrings "us Actual Actual DIM Cons FFO/sh S101 51 02 $1 01 FFO/sh as adjusted SI 01 SI 02 $1 04 SI 05 INtrotirq Matins Actusl AMA Pet CoBo Occupancy (Total centers. signed) 954% 950% 953% Aq Ch -1 Obp Old 2500 vN Ch CON, .soop -15to °person/closing rent sprea