Simon Property — Shareholder Meeting (May 2025)

4 slides from Simon Property's shareholder meeting presentation, May 2025

Slide 1: Simon Property Group May 2025
This document supplements our definitive proxy statement filed by Simon Property Group, Inc. with the U.S. Securities and Exchange Commission on April 1, 2025, in connection with the Company’s 2025 annual meeting of shareholders to be held on May 14, 2025. SIMON PROPERTY GROUP MAY 2025
Slide 2: Say on Pay
SAY ON PAY • A&R OPI Program was adopted in November 2023 after substantial engagement with and feedback from shareholders • The Compensation Committee worked extensively with outside counsel, consultants and other outside advisors in formulating a program responsive to feedback • ISS Recommended “F
Slide 3: Class B
CLASS B • Class B structure has been in place since IPO in 1993 and never an issue for shareholders before ISS arbitrarily discontinued its grandfather policy in 2023 • Class B structure is not typical dual class with “golden vote” or “super-majority” voting control; simply the right to elect up to
Slide 4: Redomestication
REDOMESTICATION • The Board and Management have discussed redomestication from Delaware for a long time • The Company was originally a Maryland corporation and became a Delaware corporation through 1998 merger with CPI • More than 70% of publicly traded REITs are not incorporated in Delaware • India