THE SIMON EXPERIENCE WHERE BRANDS & COMMUNITIES COME TOGETHER

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OUTLET MARKETPLACE

THE SIMON EXPERIENCE WHERE BRANDS & COMMUNITIES COME TOGETHER More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets. From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be. We deliver: SCALE Largest global owner of retail real estate including Malls, Simon Premium Outlets and The Mills QUALITY Iconic, irreplaceable properties in great locations INVESTMENT Active portfolio management increases productivity and returns GROWTH Core business and strategic acquisitions drive performance EXPERIENCE Decades of expertise in development, ownership, and management That s the advantage of leasing with Simon.

PROPERTY OVERVIEW OUTLET MARKETPLACE ORLANDO, FL MAJOR METROPOLITAN AREAS SELECT TENANTS SR-435 Conroy Orlando: Daytona Beach: Tampa: RETAIL GLA (sq. ft.) 199,000; 40 stores OPENING DATES Opened 1985 Renovated July 2008 PARKING RATIO 3.8:1 10 miles 65 miles 80 miles American Eagle Outfitters, Calvin Klein Company Store, GUESS Factory Store, Nine West Outlet, Perfumania, Reebok, rue21, SKECHERS USA, Sunglass Hut, Tommy Hilfiger Company Store, VF Outlet Restaurants: Texas de Brazil Services: Flex Gym, Simon Youth Academy TOURISM / TRAFFIC Outlet Marketplace is conveniently located on International Drive, within minutes of major theme parks, over 450 hotels and the Orange County Convention Center. The highly desirable Orlando location attracts affluent visitors from all over the world. Orlando brings in over 59 million tourists annually. In addition to the tourism industry, Orlando hosts more than 10 million business travelers annually who come to take advantage of the area s strong economic climate. Orlando ranks second in the U.S. for overall population growth and first in Florida. Exit 75A Universal Studios Wet n Wild I-4 Kirkman Exit 75A International Dr. Oakridge Florida Turnpike OUTLET MARKETPLACE ORLANDO, FL John Young Pkwy. RADIUS POPULATION MAJOR ATTRACTIONS 15 mile population: 1,319,923 30 mile population: 2,297,359 45 mile population: 3,230,670 AVERAGE HH INCOME 30 mile average: $70,222 This center is within easy reach of favorite attractions like Universal Studios, Sea World, Walt Disney World, and I-Drive 360. LOCATION / DIRECTIONS Outlet Marketplace is conveniently located at 5269 International Drive within minutes of the major theme parks, over 450 hotels and the Orange County Convention Center. It is adjacent to Orlando International Premium Outlets. From Orlando: Take I-4W to FL-435/South Kirkman Road toward International Drive From Daytona Beach: Take I-4W, merge to FL-435/South Kirkman Road toward International Drive Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

SITE AND PLAN I-4 W. OAK RIDGE RD. ADRIANA AVE. ALTAMIRA DR. INTERNATIONAL DR. FUN SPOT WAY NORTH

ADRIANA AVENUE INTERNATIONAL DRIVE

SURROUNDING AREA CENTERS Holly Hill Pierson Ocala Daytona Beach Shores South Daytona Astor De Leon Springs Silver Springs Shores Belleview Pittman ando Floral City Bushnell indsey Center Hill Webster Nobleton sville Hill 'n Dale Spring Lake Lacoochee Trilby Polk City ss Village verview ton h Auburndale Davenport Lake Alfred Combee Settlement Valrico Bloomingdale 11 1 9 4 15 8 Campbell 77 Clair Mel 16 10 17 Loughman Kathleen andon 13 2 Inwood Crystal Lake Jan Phyl Village Highland City Lakeland Highlands Willow Oak Mulberry Fuller Heights 12 St Cloud Poinciana Dundee Wahneta 3 3 Lake Wales Port St John Sharpes Cocoa Cocoa West Cape Canaveral Cocoa Beach 30 MILES Patrick AFB Indian Harbour Beach Melbourne Indialantic Melbourne Village Melbourne Beach June Park 45 MILES Palm Bay Malabar Grant-Valkaria Bartow Alturas Homeland Bradley Junction Fort Meade Highland Park Hillcrest Heights 13 14 15 16 17 18 19 Rockledge South Patrick Shores Palm Shores Satellite Beac Haines City Waverly Titusville Viera East Grenelefe Lake Hamilton Eagle Lake Fish Hawk Brewster Mims 19 Crystal Springs Plant City Geneva Black Hammock Winter Springs Forest City Fern Park 2 Apopka 13 Oviedo South Apopka Maitland Casselberry Chuluota Mascotte Ferndale Eatonville Paradise Heights Goldenrod 19 Groveland Montverde Pine Hills Union Park Bithlo Clermont Oakland 10 16 17 Orlovista Tildenville Rio Pinar Christmas 18 Alafaya Windermere Holden Heights 9 Conway Sky Bay Hill Orlando 11 Lake Tangelo Park Pine Castle 15 4 Horizon West Taft Bay Lake Williamsburg Lake Mary Jane Lake Hart Lake Buena 12 Vista Four Corners Hunters Creek 5 8 Buenaventura Lakes 15 MILES Celebration Kissimmee ble Creek Dover Longwood Wekiwa Springs Zephyrhills North Zephyrhills West Zephyrhills South Mango Midway Lake Mary Zellwood 5 Pasadena Hills le Terrace Oak Hill 12 Dade City North Dade City n Antonio St Leo apel Yalaha 18 Ridge Manor Heathrow Tangerine Howey-in-the-HillsAstatula Leesburg Istachatta Sanford 14 14 Sorrento Mount Plymouth Tavares Okahumpka Wildwood Deltona DeBary 6 Coleman Highlands South 1 2 3 4 5 6 7 8 9 10 11 Orange City Eustis Mount Dora Silver Lake 6 Inverness New Smyrna Beach Edgewater Pine Lakes Lisbon Fruitland Park Glencoe Lake Helen Paisley Umatilla Lady Lake Simon Centers Competition DeLand Southwest Lake Kathryn Altoona SURROUNDING AREA CENTERS Ponce Inlet Samsula-Spruce Creek North DeLand The Villages lands North Port Orange Micco Rose Sebastian Fellsmere Outlet Marketplace Altamonte Mall Eagle Ridge Mall The Florida Mall Lake Buena Vista Factory Stores Lake Square Mall Lakeland Square The Loop The Mall at Millenia Orlando Fashion Square Orlando International Premium Outlets Orlando Vineland Premium Outlets Oviedo Marketplace Seminole Towne Center Terrace at Florida Mall Waterford Lakes Town Center West Oaks Mall Winter Garden Village at Fowler Groves Winter Park Village

OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME The Mall at Millenia The Florida Mall 1,200,000 sf Bloomingdale s, Macy s, Neiman Marcus 1.5 miles / 5 minutes 1,676,000 sf Dillard s, Macy s, JCPenney, Sears 6 miles / 20 minutes Orlando Fashion Square 1,070,000 sf Dillard s, JCPenney, Macy s, Sears 18 miles / 20 minutes West Oaks Mall Ocoee, FL 1,043,000 sf Dillard s, JCPenney, Sears 22 miles / 26 minutes Seminole Towne Center Sanford, FL 1,105,000 sf Dillard s, Macy s, JCPenney, Sears, Burlington, Dick s Sporting Goods 40 miles / 45 minutes OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Orlando International Premium Outlets 774,000 sf Neiman Marcus Last Call, Saks Fifth Avenue OFF 5TH 1 mile / 2 minutes Orlando Vineland Premium Outlets Lake Buena Vista Factory Stores Ellenton Premium Outlets Ellenton, FL 655,000 sf Saks Fifth Avenue OFF 5TH 10 miles / 17 minutes 238,000 sf 12 miles / 35 minutes 476,000 sf Saks Fifth Avenue OFF 5TH 105 miles / 1 hour 43 minutes

60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).