On July 6th, 2015, Seritage Growth Properties rang the bell on the New York Stock Exchange and SRG was born. Today, on our five year anniversary, we thank our dedicated team, our Board, partners, tenants, shareholders and stakeholders for their continued commitment and support. We take this moment to reaffirm our core principles:

• -Be a culture based on respect
• -Build relationships for the long term
• -Create an environment of constant improvement
• -Be entrepreneurial and proactive
• -Inspire people and communities through our projects

In recognition of this milestone , and consistent with our efforts to promote racial equality in the communities in which we operate, and to advance diversity in our industry, Seritage is:

• -Donating to organizations focused on ending racial inequality in the country
• -Donating to organizations that promote the advancement of minority professionals and diversity in the real estate industry

As we look forward, we are energized by the continued opportunity to be a leader in the transformation of real estate that is vital to the larger economic recovery in our communities.