Board approves $2.5M equity award for new CEO Eli Simon

SIMON PROPERTY GROUP INC.

Eli Simon appointed CEO and President effective March 23, 2026.
On May 13, 2026, independent directors approved a $2.5M 2026 LTI award to Mr. Simon.
Award consists of LTIP units and restricted stock units valued at SPG closing price.
No other components of Mr. Simon's compensation were changed.

item 5.02

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.