Mission Statement, Vision, & Core Values (2026) of Tanger Factory Outlet Centers, Inc.

Step into the world of Tanger Factory Outlet Centers, Inc., a leader in outlet retailing that manages 41 upscale open‑air centers across 20 U.S. states and Canada, hosts over 3,000 stores from more than 700 brand partners and draws upward of 120 million annual visitors - a scale that powers a mission to "deliver the best value, experience, and opportunity for our communities, stakeholders, and partners," a vision to "use customer insights and experience to inform the future of shopping," and a set of core values that prioritizes community first, shared success, integrity, initiative, trust and innovation to shape how Tanger translates customer data and real‑world foot traffic into experience‑led, sustainable growth.

Tanger Factory Outlet Centers, Inc. (0LD4.L) - Intro

• Portfolio footprint: 41 outlet centers across 20 U.S. states and Canada
• Store base: more than 3,000 stores
• Brand partners: over 700 national and international brands
• Annual foot traffic: approximately 120 million visitors

• Deliver exceptional outlet shopping experiences by curating strong brand assortments and attractive value propositions for shoppers.
• Create long-term value for shareholders through disciplined property and capital management, strategic redevelopment, and tenant performance optimization.
• Foster community relationships by investing in local engagement, employment, and place-making at each center.

• Be the premier owner-operator of open-air outlet destinations that consistently attract broad regional shopper bases and top-tier brand partners.
• Evolve centers into resilient, experience-driven retail hubs that blend value retailing with enhanced amenities, convenience, and sustainability.

• Customer Focus - prioritize value, convenience, and service to maximize shopper satisfaction and repeat visitation.
• Partnership - cultivate collaborative, long-term relationships with retail tenants and brand partners to optimize center performance.
• Operational Excellence - apply rigorous asset management, leasing discipline, and capital allocation to protect and grow NAV.
• Community & Sustainability - commit to responsible environmental practices, local hiring, and community programming that strengthen centers' local relevance.
• Accountability & Integrity - maintain transparent governance, prudent financial stewardship, and alignment with stakeholders.

• Tenant Mix Optimization - focusing on high-performing national brands, outlet-first concepts, and experience-oriented offerings to sustain traffic and sales per square foot.
• Capital Recycling & Redevelopment - active redevelopment and selective dispositions to invest in higher-return opportunities across the portfolio.
• Digital & Marketing - leveraging omnichannel marketing, events, and analytics to drive visitation and conversion.
• Sustainability Initiatives - implementing energy efficiency, waste reduction, and community programs to reduce operating costs and enhance brand reputation.

Tanger Factory Outlet Centers, Inc. (0LD4.L) - Overview

• Deliver the best value, experience, and opportunity for our communities, stakeholders, and partners.
• Focus on exceptional shopping experiences through curated brand mix, property upkeep, and targeted marketing.
• Foster strong, long-term relationships with retailers, local communities, capital partners, and shareholders.

• Operate a portfolio of high-quality outlet centers that attract consistent, repeat regional and tourist visitation.
• Enhance tenant productivity and occupancy through proactive leasing, experiential programming, and cost-efficient asset management.
• Balance capital allocation between selective redevelopment, accretive acquisitions, and returning capital to shareholders.

• Customer-first: investments in amenity upgrades, digital marketing, and events to improve shopper experience and dwell time.
• Partnership-oriented: flexible leasing structures, co-marketing programs, and data-sharing with key tenants to drive mutual sales growth.
• Community stewardship: collaboration with local governments and charities, and initiatives that support local employment and tourism.
• Disciplined capital stewardship: focus on cash flow stability, conservative leverage, and liquidity management to support operations through cycles.

• Revenue mix emphasizes long-term tenant relationships with contractual minimum rents plus percent rent participation for higher-performing retailers.
• Capital allocation priorities: targeted redevelopment, maintenance capex to preserve NOI, opportunistic acquisitions, and shareholder returns where appropriate.
• Balance-sheet focus: maintain liquidity and conservative leverage to navigate retail-cycle variability and support landlord capital projects.

• Tenant productivity improvements (sales per sq. ft.) increase percentage rent realizations and drive same-center NOI growth.
• Occupancy optimization through renewal strategies and tenant mix upgrades supports stable cash flows for stakeholders.
• Experiential programming and marketing campaigns strengthen community ties and elevate foot traffic, benefiting tenants and local economies.

Tanger Factory Outlet Centers, Inc. (0LD4.L) - Mission Statement

• Mission focus: deliver compelling value to shoppers through curated brand assortments, convenient center layouts, and seasonal events that increase dwell time and repeat visits.
• Customer insight-driven decisions: use shopper behavior, loyalty program data, and market analytics to refine tenant mix, marketing, and capital improvements.
• Operational excellence: pursue disciplined leasing, cost control, and asset-light capital strategies to maximize center performance and shareholder returns.

• Customer centricity - design experiences and promotions around measured shopper preferences and trends.
• Partnership - build collaborative, long-term relationships with national chains and local specialty retailers.
• Place-making - invest in center amenities, signage, and events to enhance destination appeal.
• Data-informed agility - adapt leasing and marketing tactics quickly based on empirical insights.
• Sustainability & stewardship - pursue energy efficiency and community engagement where it supports long-term asset value.

• Enhance digital-to-physical integration: use shopper data and omnichannel marketing to drive center visits and conversions.
• Optimize tenant mix dynamically: prioritize brands that deliver traffic, category depth, and experiential programming.
• Targeted capital investments: prioritize projects that improve wayfinding, amenities, and seasonal activation to boost dwell time and sales per visit.
• Operational KPIs: track metrics such as tenant sales per square foot, occupancy, lease renewal rates, and net operating income to align with mission outcomes.

Tanger Factory Outlet Centers, Inc. (0LD4.L) Vision Statement

• Consider Community First - integrate diverse perspectives into center programming, tenant mix, and local partnerships to make each Tanger destination welcoming and relevant.
• Seek the Success of Others - align retailer performance, shopper satisfaction, and team development so value is co-created and shared across stakeholders.
• Act Fairly and with Integrity - maintain transparent leasing, reporting, and governance practices to preserve stakeholder trust and long-term relationships.
• Make It Happen - empower teams to take initiative, solve problems, and implement operational improvements that enhance center performance.
• Build Trust - operate with accountability, consistent standards, and data-driven decision-making to ensure fair outcomes for tenants and investors.
• Challenge the Status Quo - pursue innovative retail concepts, omnichannel integrations, and experiential initiatives to strengthen competitive positioning.

• Optimize portfolio occupancy and tenant mix to drive foot traffic and sales per square foot.
• Invest in targeted capital projects and placemaking to enhance shopper dwell time and repeat visits.
• Expand omnichannel support for tenants (click-to-collect, experience zones) to capture changing consumer behavior.
• Maintain disciplined balance sheet management to preserve liquidity and investor returns.

• Community-first programming includes local events, charity partnerships, and support for minority- and women-owned retailers.
• Sustainability efforts focus on energy efficiency projects in centers, waste reduction programs, and tenant engagement on green practices.
• Workforce development emphasizes internal promotion, training, and safety standards to align with the 'Seek the Success of Others' value.

• Prioritize capital expenditures that enhance shopper experience and generate above-hurdle returns.
• Preserve liquidity and manage leverage to maintain operational flexibility through retail cycles.
• Seek joint-venture or strategic partnerships to de-risk development while scaling best-in-class outlet concepts.