Curbline to receive $800M cash from SITE Centers upon spin-off expected Oct 1, 2024

Curbline Properties Corp.

SITE Centers will transfer $800M unrestricted cash to Curbline at spin-off closing.
Spin-off expected to occur on October 1, 2024, subject to conditions.
Cash transfer stems from recent SITE Centers disposition activity.
Spin-off governed by Separation and Distribution Agreement among Curbline, Curbline Properties LP, and SITE Centers.

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