SPG · Simon Property Group, Inc.

Simon Property Group filed an 8-K/A to disclose the compensation terms for Eli Simon, who was appointed CEO and President effective March 23, 2026. On May 13, 2026, the independent board members approved a $2.5 million award under the 2026 LTI Program, consisting of LTIP units and restricted stock units. The award's value is based on the closing stock price on that date and includes performance conditions. No other compensation components were changed. This filing updates the initial 8-K filed on March 24, 2026, which had not yet set compensation.