• Update on the health of luxury street retail • View on the health of SLG's structured finance business 3015 2010 Actsal Maid $1 65 S339 Acbal Actual 533.697 621,150 926% 956% 156% 161% 268% 118% 131.366 177.684 798% 806% -38% 25% -52% 28% 65% 6.6% 3010 Actual DB* SI 4

CIO 3015 3016 9016 Earnings Mud Actual Pepsi Dee Cons FFQ'sh SO 17 SO 19 Cote PFOIsh SO 33 $O 22 SO 26 9) 26 CipsoWn9 Make AoIsal Acbal Ablui Des SS NO! growth v/v .9 3% Oectpancy 'Commenced. 949% 882% 92 6% PP CM 90tp 90bp 439bp ch 320b0 .690bp .231bp Occupwcy Ugncd