OVERVIEW ADDRESS GROSS LEASABLE AREA DAILY TRAFFIC COUNT MAJOR CITIES POPULATION

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2 MARKET OVERVIEW Founded as America's 13th colony in 1733, Savannah's captivating beauty, heritage and charm make it one of the world's most fascinating cities. With a rich culture that offers the best of old and new in art, music and history, Savannah truly has something for everyone. Explore the breathtaking architecture, historic park squares, worldfamous southern cuisine and maritime charm that make Savannah a unique tourist destination. With over 13.7 million visitors each year, the tourism industry continues to be one of the largest economic drivers in the market. 83% of tourists are considered to be from the "leisure" segment. The remaining 17% are traveling to the area for business or meetings/conventions. The Savannah regional trade area has a population of about 860,000 people. Savannah offers an average of 2,758 hours of Savannah International Airport sees 1.6 million travelers each year. There are more than 1800 hotel rooms at the site exit. There are more than 500 restaurants in the Savannah area. sunshine per year with an average annual high temperature of 77 degrees. Port of Savannah sees approximately 2,500 cargo vessels loading and unloading each year. TANGER OUTLETS SAVANNAH 2

3 ADDRESS 200 Tanger Outlet Blvd Pooler, GA GROSS LEASABLE AREA 427,547 SF DAILY TRAFFIC COUNT I-95 / 89,700 MAJOR CITIES Savannah, GA (9 miles) Charleston, SC (87 miles) OVERVIEW POPULATION (60 Miles) / 907,606 Savannah is the second largest tourism market on the regional coast with 13.7 million tourists per year as compared to Myrtle Beach, SC at 14 million. The Savannah International Airport sees 1.6 million travelers per year. The tourism industry continues to be one of the largest economic drivers in this market. MSA Population 370,063 - Savannah, GA TANGER OUTLETS SAVANNAH 3

4 GALLERY TANGER OUTLETS SAVANNAH 4

5 LOCATION The center is located off I-95 at Pooler Parkway, Exit 104 or I-16 at Pooler Parkway, Exit 155 REGIONAL MAP LOCAL MAP TANGER OUTLETS SAVANNAH 5

6 SHOPPER SERVICES CENTER MAP C1 C2 C3 C C5 C C SERVICE LEGEND SHOPPER SERVICES COUPON BOOKS PURCHASE GIFT CARDS 101 C STROLLER & WHEELCHAIR RESTAURANT/FOOD D C C9 C VENDING MACHINE RESTROOMS MOTHERS ROOM 100A 871 CHARGING STATION ELECTRIC VEHICLE CHARGING STATIONS BUS LOADING ZONE FREE WI-FI CENTERWIDE TANGER OUTLETS SAVANNAH 200 Tanger Outlet Boulevard Pooler, GA TANGER OUTLETS SAVANNAH 6

7 AERIAL Tanger Outlets Savannah is conveniently located on Interstate 95, with convenient access to Interstate 16 going to and from Atlanta. TANGER OUTLETS SAVANNAH 7

8 MARKET SNAPSHOT AERIAL TANGER OUTLETS SAVANNAH 8

9 RETAIL SNAPSHOT MAP TANGER OUTLETS SAVANNAH 9

10 MARKET SNAPSHOT MAP TANGER OUTLETS SAVANNAH 10

11 0-60 MILES DEMOGRAPHICS 340,140 Households STATISTICS 0-5 MILES 0-10 MILES 0-30 MILES 0-45 MILES 0-60 MILES Population 41, , , , ,606 Households 15,275 49, , , ,140 Families 10,502 32, , , ,505 Median Age Avg Household Income $82,034 $66,462 $73,363 $70,305 $68,030 $68,030 Avg. Household Income HOUSEHOLD INCOME 0-5 MILES 0-10 MILES 0-30 MILES 0-45 MILES 0-60 MILES Less than $15, % 13.9 % 12.0 % 13.2 % 14.0 % $15,000-$24, % 11.4 % 10.0 % 10.4 % 10.9 % $25,000-$34, % 9.6 % 9.8 % 10.4 % 10.7 % $35,000-$49, % 14.5 % 14.4 % 14.8 % 14.8 % $50,000-$74, % 19.0 % 19.4 % 19.1 % 18.8 % $75,000-$99, % 11.5 % 12.4 % 12.0 % 11.7 % $100,000-$149, % 13.1 % 13.2 % 12.0 % 11.5 % $150, % 16.0 % 17.4 % 16.0 % 15.2 % AGE DISTRIBUTION 0-5 MILES 0-10 MILES 0-30 MILES 0-45 MILES 0-60 MILES 0-14yrs 21.6 % 20.8 % 19.2 % 19.1 % 19.1 % 15-24yrs 11.0 % 14.8 % 13.7 % 15.3 % 14.9 % 25-44yrs 34.4 % 30.4 % 27.1 % 26.6 % 26.5 % 45-64yrs 22.9 % 22.8 % 23.9 % 23.3 % 23.7 % 65+ yrs 10.1 % 11.2 % 16.2 % 15.7 % 15.8 % 227,505 Families 36.2 Median Age 907,606 Population TANGER OUTLETS SAVANNAH 11

12 SALES & TRAFFIC SEASONALITY JAN FEB MAR APR MAY JUN 4.8% 6.6% 9.4% 8% 8.2% 8.7% JUL AUG SEP OCT NOV DEC 10.3% 7.3% 6.4% 6.1% 10.2% 14.1% ZIP CODE STUDIES MARKET AREA 2/18/ /3/2017 9/17/2017 6/11/2017 Augusta, GA Golden Isles Hilton Head/Beaufort Co Local Savannah Area Statesboro, GA Other GA Other SC Florida Other US Other Countries TANGER OUTLETS SAVANNAH 12

13 SHOPPER SNAPSHOT SHOPPER PROFILE Savannah Portfolio Females No Local Study Available 71% Average Age n/a 41 Average Household Income n/a $64,993 Race-Caucasian n/a 65% Race-Hispanic or Latino n/a 11% Race - African American n/a 16% Race - Asian n/a 5% Marital Status- married n/a 56% Local Resident Shoppers n/a 53% Tourist (self-defined) n/a 41% International n 6% GENERAL SHOPPING PATTERNS Savannah Portfolio Shopping Frequency (trips per yr) No Local Study Available 6.6 Percentage of First Time Visitors n/a 17% Avg # of Stores Visited n/a 7.6 Avg # of Stores Purchased In n/a 3.4 % of shoppers making a purchase n/a 96% Length of Shopping Visit n/a 123 minutes Average Size of Shopping Party n/a 3.5 Average Shopping Expenditure n/a $254 Average Perceived Savings n/a 25% TANGER OUTLETS SAVANNAH 13

14 TANGER S REPUTATION WITHIN THE INDUSTRY CONTINUES TO DRIVE TENANT DEMAND FOR SPACE IN TANGER CENTERS CORPORATE HEADQUARTERS Greensboro, NC LOCATIONS Tanger Outlets owns and operates 43 upscale outlet shopping centers in 22 U.S. states coast to coast and in Canada, attracting over 188 million loyal customers each year. CENTER LISTING ON NEXT PAGE TANGER OUTLETS GRAND SAVANNAH RAPIDS 13 14

15 LOCATION LISTING Southaven Mississippi UNITED STATES 1 Foley, AL Gulf Coast Resort Area I-10, Exit 44, Highway 59S 2 Phoenix (Glendale), AZ 9 miles Northwest of Phoenix Loop 101 and Glendale Avenue 3 Foxwoods (Mashantucket), CT Foxwoods Resort Casino, 50 miles East of Hartford 4 Rehoboth Beach, DE Coastal Resort Area 3 Locations on Delaware s Coastal Highway Route 1 5 Daytona Beach, FL Coastal Resort Area I-95 & LPGA Boulevard 6 Commerce, GA Between Atlanta and Greenville, SC I-85, Exit Locust Grove, GA Between Atlanta and Macon I-75, Exit Savannah, GA Southwest Quadrant of I-95 and Pooler Parkway 9 Williamsburg, IA Between Des Moines and Iowa City I-80, Exit Gonzales, LA Between New Orleans and Baton Rouge I-10 at Highway 30, Exit National Harbor, MD 8 Miles Southeast of Washington, D.C. I-95/495 and I Ocean City, MD Coastal Resort Area Route 50, One Mile West of the Beach 13 Grand Rapids, MI Southwest Quadrant of US-131 and 84th Street 14 Howell, MI Between Lansing and Detroit I-96 at M-59, Exit Memphis (Southaven, MS) Northeast Quadrant of I-69/55 and Church Road 16 Branson, MO Ozark Mtn/Lakes Region Resort Area West Highway 76, 2 miles West of US Highway Tilton, NH Lakes Region Resort Area I-93, Left off Exit Atlantic City, NJ Coastal Resort Area 2014 Baltic Avenue 19 Deer Park, NY Minutes from Manhattan I-495, LIE Exit 52 on Commack Road and Grand Boulevard 20 Riverhead, NY Long Island Resort Area I-495 East, LIE Exits 72 and Blowing Rock, NC Blue Ridge Mountains Resort Area 1/2 Mile South of the Blue Ridge Parkway on US Highway Mebane, NC Between Raleigh-Durham and Greensboro/Winston-Salem I-40/85, Exit Nags Head, NC Outer Banks Resort Area Highway 158 Bypass at Mile Post Columbus, OH 22 Miles Northeast of Columbus I-71 and US 36/R Jeffersonville, OH Between Cincinnati and Columbus I-71, Exit Hershey, PA Hershey Park Resort Area Off PA-743/Hershey Park Drive 27 Lancaster, PA Amish Country Resort Area Route 30 East 28 Pittsburgh (Washington), PA 20 Minutes South of Pittsburgh I-79, Exit Charleston, SC Coastal Resort Area I-26, Exit 213 or 213A 30 Hilton Head, SC 31 Hilton Head Island Resort Area I-95, SC Exit 8 onto Highway Locations on Highway Myrtle Beach, SC Myrtle Beach Resort Area Highway 17N at Highway 22 Veterans Highway 33 Myrtle Beach, SC Myrtle Beach Resort Area Highway 501, 3 Miles West of the Intracoastal Waterway 34 Sevierville, TN Smoky Mountain Resort Area Highway 441/Parkway at Traffic Lights #13 and # Fort Worth, TX I-35W & SH 114 North Fort Worth, across from the Texas Motor Speedway 36 Houston (Texas City), TX I-45, Exit 17 to Holland Road 5885 Gulf Freeway 37 San Marcos, TX Between San Antonio and Austin I-35, Exit Terrell, TX 30 Minutes East of Dallas I-20 at Highway 34, Exit Park City, UT Mountain Resort Area I-80, Exit 145, West on Ute Boulevard CANADA 40 Cookstown, ON Toronto and Lake Resort Area 3311 Simcoe Road 89, Highway 400 at Highway Ottawa, ON Kanata, Highway 417 at Hutmar Drive 42 Bromont, QC 45 Miles East of Downtown Montreal Bromont Boulevard Interchange at Highway Saint-Sauveur, QC 37 Miles from Montreal Exit 60 off Highway 15 North TANGER OUTLETS GRAND SAVANNAH RAPIDS 14 15

16 Tanger Factory Outlet Centers, Inc. (NYSE:SKT), is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 43 upscale outlet shopping centers and one additional center currently under construction. Tanger s operating properties are located in 22 states coast to coast and in Canada, totaling approximately 14.8 million square feet, leased to over 3,100 stores which are operated by more than 500 different brand name companies. The Company has more than 36 years of experience in the outlet industry. Tanger Outlet Centers continue to attract more than 188 million shoppers annually. TANGER OUTLETS SAVANNAH 200 Tanger Outlet Blvd Pooler, GA TANGEROUTLETS.COM