Tanger® (NYSE:SKT), a leading owner and operator of outlet and other open-air retail shopping destinations, has received a 2026 Leader in the Light Award for Transparency from Nareit, the National Association of Real Estate Investment Trusts, in recognition of the Company's exceptional corporate governance practices.

Tanger achieved this recognition in its first year of participation in the long-standing, prestigious awards program. The Leader in the Light Awards recognize Nareit member REITs for demonstrating leadership in responsible business practices that create value and positively impact communities within their portfolios and across the REIT industry. The Transparency category recognizes REITs that demonstrate strong corporate governance and provide comprehensive and impactful decision-making information on the company's opportunities and risks, as determined through an independent panel of judges.

"This recognition is a reflection of our deep commitment to transparency and communication at every level of our company," said President and CEO Stephen Yalof. "Integrity has always been a foundation of our culture at Tanger, and I am incredibly proud of how the Tanger team diligently demonstrates that value on a daily basis across our operations. We are grateful to Nareit for this honor and remain committed to providing open communication to our stakeholders and to generating a positive impact for the communities in which we operate."

The Leader in the Light awardees were announced this week at Nareit's REITwise: 2026 Educational Conference. For 2026, Nareit recognized three REITs—at low, mid, and high total enterprise values—in each of three categories: Transparency, Operations, and Responsibility. Tanger was the mid-cap recipient in the Transparency category.

Tanger also earned the Nareit Investor CARE (Communications and Reporting Excellence) Gold Award in June 2024 and June 2025 and was named by Newsweek as one of America's Greatest Midsize Workplaces for Culture, Belonging and Community 2026 and one of America's Greatest Midsize Workplaces for Women 2026.

For more information on Nareit and the 2026 Leader in the Light Awards, please visit https://www.reit.com/nareit/industry-awards/leader-light-award.

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 tanger.inc.

Tanger Inc. (together with its subsidiaries, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260327417122/en/

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

Tanger Honored with Nareit's 2026 Leader in the Light Award for Transparency