Macerich Company (the) · NYSE:MAC
Macerich Company (the) — Citi's 2026 Global Property CEO Conference
10 slides from Macerich Company (the)'s conference presentation, Mar 2, 2026
Slide 1: Citi's 2026 Global Property CEO Conference Business Update
Exhibit 99.1 MACERICH CITI’S 2026 GLOBAL PROPERTY CEO CONFERENCE BUSINESS UPDATE March 2026 NYSE: MAC | Macerich.com Scottsdale Fashion Square | Scottsdale, AZ
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER Note: This document contains statements that constitute forward-looking statements, which can be identified by the use of words, such as “will,” “expects,” “pro forma”, “anticipates,” “assumes,” “believes,” “estimated,” “guidance,” “potential,” “target,” “projects,” “scheduled” and
Slide 3: Record-Breaking Leasing Activity
RECORD-BREAKING LEASING ACTIVITY STRONG LEASING PRODUCTIVITY & MOMENTUM Strong leasing volumes and productivity (1) (1) FY 2024 FY 2025 3.9M 7.1M New and Renewal Space Signed 819 1,199 Signed Leases 197 291 Store Openings 65 99 New-to-Macerich Brands (2) 94.6% 94.9% Go-Forward Leased Occupancy 92.0%
Slide 4: 2024-2025 Tenant Openings
2024 – 2025 TENANT OPENINGS 400+ NEW STORES OPEN DIGITALLY NATIVE & EMERGING BRANDS LUXURY RETAIL Hermès – Scottsdale Fashion Abercrombie & Fitch – Broadway, Corte Madera Alo Yoga – Los Cerritos, SanTan Village Loro Piana – Scottsdale Fashion Aerie – Danbury, Eastland, FlatIron, SanTan, Beyond Yoga
Slide 5: Leasing Speedometer Ahead of Plan
LEASING SPEEDOMETER AHEAD OF PLAN NEW LEASE DEAL COMPLETION PERCENTAGE The five-year plan has ~1,000 new tenant openings, with ~800 either 1. Leasing dashboard tool to committed (~650) or in LOI negotiations (~150) improve visibility and efficiency 2. Tracks revenue completion percentage for all new
Slide 6: Substantial Leasing Pipeline to Drive Growth
SUBSTANTIAL LEASING PIPELINE TO DRIVE GROWTH SIGNED NOT OPEN (SNO) PIPELINE SUMMARY (1) ~$107 million of in-place SNO committed – Includes new store leases which have or will commence from 2024 through 2028, and are expected to produce total gross revenue of ~$107 million in excess of the revenue ge
Slide 7: New Anchors Expected to Drive Traffic, Sales & Inline Leasing
NEW ANCHORS EXPECTED TO DRIVE TRAFFIC, SALES & INLINE LEASING ANCHORS OPENING BY YEAR 12 Committed for 30 out of 30 anchor and big box replacements (1) • 30 anchors totaling 2.9 million square feet to replace outdated ~1.2M SF or vacant retail 8 • We have 5 anchors open, 5 under construction, 11 exe
Slide 8: Path Forward Plan Projected Permanent Physical Occupancy
Path Forward Plan estimated to increase permanent occupancy by 500bps ü Curated mix of top-tier and emerging brands – elevating the customer PATH FORWARD PLAN PROJECTED experience PERMANENT PHYSICAL OCCUPANCY ü Boost traffic and engagement – maximizing center productivity Represents an Annual Averag
Slide 9: Significant Progress on Leverage Reduction
SIGNIFICANT PROGRESS ON LEVERAGE REDUCTION PATH FORWARD ASSET SALES AND GIVE-BACK SUMMARY OUTPARCELS COMPLETED AND UNDER CONTRACT → (~$135 million) MALLS COMPLETED → (~$1.2 billion) ü~$135 million sold or under contract against 2025 target of $100-$150 million ü Santa Monica Place - defaulted on $30
Slide 10: Macerich: Leading Owner, Operator & Developer of Major Retail Properties
MACERICH (NYSE: MAC) ONE OF THE NATION’S LEADING OWNERS, OPERATORS & DEVELOPERS OF MAJOR RETAIL PROPERTIES IN ATTRACTIVE U.S. MARKETS, INCLUDING CALIFORNIA, PHOENIX/SCOTTSDALE, PACIFIC NORTHWEST, GREATER NEW YORK, NORTH CAROLINA AND WASHINGTON, D.C. 10
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