Business Wire | Jan 19, 2021 04:06PM EST

SITE Centers Corp. Announces Tax Allocations of 2020 Dividend Distributions

Jan. 19, 2021

BEACHWOOD, Ohio--(BUSINESS WIRE)--Jan. 19, 2021--SITE Centers (NYSE: SITC) today announced the tax allocations of 2020 distributions on its common shares and two series of preferred shares.

For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2020 distributions. The amounts indicated on Form 1099-DIV should be reported on shareholders' 2020 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Please note that the January 7, 2020 common share distribution is included in the tax allocations for 2020 and the January 7, 2021 common share distribution will be included in the tax allocations for 2021.

Common Shares (NYSE:SITC)

Total Return Unrecaptured Record Payable Ordinary of Total SectionPeriod CUSIP Capital 199A Sec. 1250 Date Date Dividends Gain Capital Distributions Dividends (1) Gain

4Q19 82981J109 12/13/ 01/07/ 0.115023 0.000000 0.084977 0.200000 0.115023 0.000000 2019 2020

1Q20 82981J109 03/10/ 04/02/ 0.115023 0.000000 0.084977 0.200000 0.115023 0.000000 2020 2020

Total 0.230046 0.000000 0.169954 0.400000 0.230046 0.000000

Preferred Class A Depositary Shares (NYSE:SITC_pa)

Total Return Unrecaptured Record Payable Ordinary of Total SectionPeriod CUSIP Capital 199A Sec. 1250 Date Date Dividends Gain Capital Dividends Dividends (1) Gain

01/15/20 - 82981J877 03/30/ 04/15/ 0.398440 0.000000 0.000000 0.398440 0.398440 0.00000004/14/ 2020 202020

04/15/ 06/29/ 07/15/20- 07 82981J877 2020 2020 0.398440 0.000000 0.000000 0.398440 0.398440 0.000000/14/20

07/15/20 - 82981J877 09/29/ 10/15/ 0.398440 0.000000 0.000000 0.398440 0.398440 0.00000010/14/ 2020 202020

10/15/20 - 82981J877 12/28/ 01/15/ 0.398440 0.000000 0.000000 0.398440 0.398440 0.00000001/14/ 2020 202121

Total 1.593760 0.000000 0.000000 1.593760 1.593760 0.000000

Preferred Class K Depositary Shares (NYSE:SITC_pk)

Total Return Unrecaptured Record Payable Ordinary of Total SectionPeriod CUSIP Capital 199A Sec. 1250 Date Date Dividends Gain Capital Dividends Dividends (1) Gain

01/15/20 - 82981J802 03/30/ 04/15/ 0.390630 0.000000 0.000000 0.390630 0.390630 0.00000004/14/ 2020 202020

04/15/20 - 82981J802 06/29/ 07/15/ 0.390630 0.000000 0.000000 0.390630 0.390630 0.00000007/14/ 2020 202020

07/15/20 - 82981J802 09/29/ 10/15/ 0.390630 0.000000 0.000000 0.390630 0.390630 0.00000010/14/ 2020 202020

10/15/20 - 82981J802 12/28/ 01/15/ 0.390630 0.000000 0.000000 0.390630 0.390630 0.00000001/14/ 2020 202121

Total 1.562520 0.000000 0.000000 1.562520 1.562520 0.000000

(1) Represents a return of stockholders' original investment

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers located in suburban, high household income communities. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company's e-mail distributions for press releases and other investor news, please click here.

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CONTACT: Conor Fennerty, EVP and Chief Financial Officer 216-755-5500