2023 SIMON® Annual Report

Simon Property Group, Inc. Simon Property Group, L.P. Notes to Consolidated Financial Statements (Dollars in thousands, except share, per share, unit and per unit amounts and where indicated as in millions or billions)

12. Quarterly Financial Data (Unaudited) Quarterly 2023 and 2022 data is summarized in the table below. Quarterly amounts may not sum to annual amounts due to rounding. First Second Third Fourth Quarter Quarter Quarter Quarter 2023 Totalrevenue......................... $ 1,350,849 $ 1,369,601 $ 1,410,948 $ 1,527,438 Operating income before other items . . . . . . 662,723 657,925 694,234 792,139 Consolidated net income. . . . . . . . . . . . . . . . 519,255 557,505 680,762 859,496 Simon Property Group, Inc. Net income attributable to common stockholders ........................ $ 451,827 $ 486,343 $ 594,139 $ 747,480 Net income per share — Basic and Diluted. . $ 1.38 $ 1.49 $ 1.82 $ 2.29

Weighted average shares outstanding — Basic and Diluted .................... Simon Property Group, L.P. Net income attributable to unitholders ..... $ Net income per unit — Basic and Diluted. . . $ Weighted average units outstanding — Basic and Diluted ....................

326,954,294

327,189,785

327,158,743

325,933,832

517,180 $

556,556 $

680,598 $

858,783

1.38 $

1.49 $

1.82 $

2.29

374,245,604

374,423,175

374,816,882

374,864,197

2022 Total revenue . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,295,922 $ 1,279,842 $ 1,315,786 $ 1,399,898 Operating income before other items . . . . . . 620,391 626,761 652,196 684,205 Consolidated net income. . . . . . . . . . . . . . . . 488,310 569,480 621,847 772,748 Simon Property Group, Inc. Net income attributable to common stockholders ........................ $ 426,630 $ 496,743 $ 539,038 $ 673,786 Net income per share — Basic and Diluted. . $ 1.30 $ 1.51 $ 1.65 $ 2.06

Weighted average shares outstanding — Basic and Diluted .................... Simon Property Group, L.P. Net income attributable to unitholders ..... $ Net income per unit — Basic and Diluted. . . $ Weighted average units outstanding — Basic and Diluted ....................

328,606,352

328,444,627

327,286,003

326,953,791

487,993 $

568,289 $

616,918 $

771,195

1.30 $

1.51 $

1.65 $

2.06

375,870,183

375,754,363

374,589,771

374,257,136

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