The Macerich Enterprise
June 30, 2021
ownership passions because of provisions in particular joint enterprise agreements relating to distributions of hard cash move based mostly on cash account balances, allocations of profits and losses, payments
of most popular returns and control over important conclusions. Moreover, the Enterprise does not management its unconsolidated joint ventures and the presentation of specific things, these kinds of as assets, liabilities, revenues and expenditures, from these unconsolidated
joint ventures does not represent the Companys lawful claim to these things.
Be aware: This document contains statements that represent
ahead-searching statements which can be recognized by the use of words, this sort of as will, expects, anticipates, assumes, believes, estimated, guidance,
projects, scheduled and related expressions that do not relate to historic issues, and contains anticipations about the Companys upcoming operational success as nicely as growth, redevelopment and growth
pursuits. Stockholders are cautioned that any this kind of forward-looking statements are not ensures of potential performance and contain dangers, uncertainties and other components that may possibly cause real success, effectiveness or achievements of the Business to
range materially from these predicted, expected or projected. These factors consist of, among the some others, normal industry, as nicely as nationwide, regional and area economic and organization disorders, which will, between other matters, impact demand from customers for retail
area or retail products, availability and creditworthiness of recent and possible tenants, anchor or tenant bankruptcies, closures, mergers or consolidations, lease rates, phrases and payments, interest charge fluctuations, availability, terms and
cost of financing and functioning bills adverse adjustments in the genuine estate markets together with, between other points, levels of competition from other organizations, retail formats and technological know-how, risks of authentic estate growth and redevelopment, and acquisitions
and inclinations the continuing adverse effect of the novel coronavirus (COVID-19) on the U.S., regional and international economies and the fiscal situation and effects of functions of the Enterprise and its
tenants the liquidity of serious estate investments governmental actions and initiatives (including legislative and regulatory modifications) environmental and safety specifications and terrorist functions or other acts of violence which could adversely
have an effect on all of the previously mentioned aspects. The reader is directed to the Companys various filings with the Securities and Exchange Commission, which include the Once-a-year Report on Sort 10-K for the calendar year ended
December 31, 2020 and our Quarterly Report on Kind 10-Q for the quarter finished March 31, 2021 for a dialogue of this kind of dangers and uncertainties, which dialogue is integrated herein by reference.
You are cautioned not to location undue reliance on these ahead-hunting statements, which communicate only as of the day of this document. The Enterprise does not intend, and undertakes no obligation, to update any forward-hunting data to replicate
activities or situation just after the day of this doc or to reflect the event of unanticipated occasions until expected by regulation to do so.
(See attached tables)