Tanger also selected as a 2026 Green Lease Leader by the Institute for Market Transformation

GREENSBORO, N.C.--(BUSINESS WIRE)--May 21, 2026-- Tanger® (NYSE: SKT), a leading owner and operator of outlet and other open-air retail shopping destinations, has released its 2025 Impact Report for the annual period ending December 31, 2025, marking a decade of reporting on the company’s sustainability and corporate responsibility initiatives. Also today, the Institute for Market Transformation announced that Tanger has been named a 2026 Green Lease Leader at the Silver level.

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Tanger’s 2025 Impact Report highlights notable achievements the company has made to advance its environmental, social and governance practices and programs, as well as progress on Tanger’s Impact Goals. Tanger’s sustainability achievements in 2025 included increasing onsite solar energy generation capacity by 12 percent, bringing the company’s total solar capacity to nearly 17.5 megawatts (MW) across 11 centers, including Tanger Outlets Deer Park (pictured).

Launched in 2014, Green Lease Leaders recognizes landlords, tenants, and teams who modernize their leases to spur collaborative action on energy and water efficiency, shared cost-savings, air quality improvement, and sustainability in buildings. Tanger received this recognition for our work to align with retailer partners around shared goals for energy efficiency, water conservation, utility data tracking and sharing, and broader environmental responsibility. This achievement marks the completion of a goal outlined in Tanger’s Impact Report and reflects the company’s proactive approach to integrating environmental considerations into its leasing strategy and day-to-day operations.

“Our 2025 Impact Report highlights the disciplined, long-term approach that guides Tanger’s corporate responsibility initiatives,” said Stephen Yalof, President and CEO of Tanger. “We remain focused on practical actions that strengthen our portfolio and our partnerships, anchored by our Mission, Vision, and Values. Tanger’s recognition as a Green Lease Leader reflects the progress we’re making, as well as our belief that collaboration with retailers can accelerate our efforts to advance efficiency, manage costs, and deliver measurable impact for our stakeholders.”

Tanger’s 2025 Impact Report enumerates the environmental, social, and governance practices and programs—referenced collectively as Tanger’s "Impact Program”—through which the company strives to create positive social and economic impact in line with its Mission, Vision, and Values. Notable achievements highlighted in the Report, as well as progress on Impact Program goals, include:

• Multiple recognitions Tanger has achieved in 2025 and 2026 for its approach to caring for stakeholders with integrity, including being named a “Leader in the Light” for Transparency by the National Association of Real Estate Investment Trusts (Nareit) and one of “America’s Greatest Midsized Companies for Women,” and “for Culture, Belonging and Community” by Newsweek, as well as receiving the Nareit Investor CARE Award for a second consecutive year, for Communications and Reporting Excellence.
• The achievement of Tanger’s first 3-Star Rating from the Global Real Estate Sustainability Benchmark (GRESB).
• The expansion of Tanger’s employee-founded and -led Employee Resource Groups (ERGs) initiative, which serves all employees, and other programming to promote belonging and empowerment within the company’s diverse workforce.
• The completion of two additional LEED Building Operations & Maintenance (O+M) certifications: for Tanger Outlets Nashville (Gold) and Bridge Street Town Centre, a Tanger property in Huntsville, AL (Silver).
• A 12 percent increase in Tanger’s solar energy generation capacity, increasing its total solar capacity to nearly 17.5 megawatts (MW) across 11 centers.
• Completion of a portfolio-wide utility audit and gap analysis, supporting the advancement of infrastructure improvements for data accuracy and transparency.

Tanger’s 2025 Impact Report is now available on its company website at: https://www.tanger.inc/our-impact/our-responsibility

About Tanger^®

Tanger Inc . (NYSE: SKT) is a leading owner and operator of outlet and other open-air retail shopping destinations, with 45 years of expertise in the retail and outlet shopping industries. Tanger’s portfolio of 38 outlet centers and three open-air lifestyle centers includes more than 16 million square feet well positioned across tourist destinations and vibrant markets in 22 U.S. states and Canada. A publicly traded REIT since 1993, Tanger continues to innovate the retail experience for its shoppers with over 3,000 stores operated by more than 800 different brand name companies. For more information on Tanger, call 1-800-4TANGER or visit www.tanger.inc.

The Company uses, and intends to continue to use, its Investor Relations website, which can be found at investors.tanger.inc, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Additional information about the Company can also be found through social media channels. The Company encourages investors and others interested in the Company to review the information on its Investor Relations website and on social media channels. The information contained on, or that may be accessed through, our website or social media platforms is not incorporated by reference into, and is not a part of, this document.

Safe Harbor Statement

This release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," or similar expressions.

These forward-looking statements are based upon the beliefs and expectations of management at the time of this release. You should not rely on forward-looking statements since they involve known and unknown risks and uncertainties which could cause actual results to differ materially from those presented in the forward-looking statements. Please refer to the documents filed by the Company with the SEC, including specifically the "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, and the Company's other filings with the SEC, which identify additional factors that could cause actual results to differ from those contained in forward-looking statements. The Company does not undertake any obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as may be required by law.

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Media Contact
ICR Inc.
(646) 277-1200
tangerpr@icrinc.com

Investor Relations Contact
Doug McDonald
SVP, Treasurer and Investments
(336) 856-6066
TangerIR@tanger.com

Source: Tanger