St. Johns Town Center, Jacksonville, FL
COMMUNITY IMPACT ■ Engaging with our communities means creating positive social and economic impacts where we operate. We recognize the essential role our properties play in their communities. ■ Our centers engaged in the planning and execution of more than 200 events that brought together shoppers and causes important to the neighboring communities. Through our localized approach, we raised money and collected thousands of donated items for these important causes. Additionally, our centers across the country held a Do Good With Denim drive during the back-to-school season resulting in close to 10,000 pieces of denim collected. The donated denim went back to local partners to distribute in our communities. ■ Our centers, a source of pride for
■ With our global footprint of physical outlets, our complementary investment in Rue Gilt Groupe (“RGG”) allows our shopper to connect to world-class brands in a digital shopping environment. RGG operates three distinct brands—Rue La La, Gilt and Shop Premium Outlets (“SPO”). RGG is a trusted online fashion authority featuring over 5,000 premium and luxury brands up to 70% off full-price retail. Gross merchandise value through the SPO marketplace grew 124% in 2022 with more growth to come as we link our physical properties with the SPO marketplace. ■ We formed a strategic partnership with Jamestown, a global real estate investment and management firm. We see great opportunity together to capitalize on the growing asset and investment management businesses. The Jamestown team are experienced, mixed-use operators, developers, property managers and asset managers. We are pleased to expand our other investment platform with this best-in-class company, and we expect to grow their asset management business and accelerate our densification opportunities.
American Heart Association, United States Armed Forces, Make-A-Wish, Autism Speaks, Susan G. Komen, Feeding America, Salvation Army, and American Red Cross, among others. ■ Since its inception in 1998, Simon Youth Foundation (“SYF”) has helped more than 26,000 students graduate from our nationwide network of 44 Simon Youth Academies in 16 states. In the 2021-2022 academic year, SYF students achieved a 93% graduation rate—eclipsing the national average. Each year, SYF awards up to $1 million in Simon Youth Scholarships to high school students in every community that is home to a Simon Mall. SYF has awarded more than $21 million in scholarships to nearly 6,000 students thus far. Please support SYF. RETURNING CAPITAL TO SHAREHOLDERS ■ Capital returned to shareholders in 2022 totaled approximately $2.8 billion, comprised of $2.6 billion in dividends and $180 million in share buybacks. ■ Common stock dividends paid in 2022 were $6.90 per share, an increase of 17.9% from 2021. ■ We have paid more than $39 billion in dividends over our history as a public company.
those that live and work in the communities we serve, hosted
over 3,500 lifestyle events such as job fairs, farmers markets, fitness classes and movie nights, and fulfilled community needs with blood drives and vaccination locations. ■ By supporting nonprofit organizations in a range of activities, we identify social initiatives to meet the specific needs of each community. In 2022, our people supported organizations including Pediatric Cancer Foundation,
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SIMON PROPERTY GROUP, INC.
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