Washington Prime : Back-To-School Celebrations Honor Students and Teachers

WPG

Washington Prime Group town centers start the new school year with events that support and excite the community

COLUMBUS, OH - September 27, 2021 - The back-to-school season is an exciting time for students, teachers and families each year. The promise of new experiences, learning fresh ideas and reconnecting with teachers and friends has exhilaration built right in. Regardless of whether students are reentering the classroom for in-person learning, continuing virtual classes or a hybrid of both, Washington Prime Group town centers across the country found ways to celebrate the fresh start of a new school year for dedicated teachers, students of all ages and families navigating costly supply lists, through more than 110 events.

Honoring Amazing Educators

Washington Prime Group town centers showed teachers appreciation through some educator-exclusive promotions and discounts at retail spaces. Town centers like Scottsdale Quarter® and Ashland Town Center's Teacher Appreciation Nights featured educator giveaways, snacks, sips, sweets, swag bags and deep discounts.

At Indian Mount Mall's Teacher Appreciation event, local educators enjoyed instructor-led canvas painting, tote bags with goodies from the town center's tenants and a complimentary dinner. Dozens of teachers gathered to recharge, connect with each other and boost their creativity before heading back to the classroom.

Back-To-School Bashes

School spirit started before the school year. Through the KidX Club®, students got to enjoy back-to-school parties with hands-on activities. Craft stations, selfie stations, face painting, chalk art, dance parties, giveaways and field day games were enjoyed at town centers across the country like Keauhou Shopping Center, Sunland Park Mall, WestShore Plaza and Ashland Town Center.

Mesa Mall partnered with Colorado Mesa University on a Mav Attack event to welcome students back to campus. The event included music, a photo booth, giveaways and free supplies. The local health department also was on-hand to administer COVID vaccines and boosters during the event.

Stuffing the Bus with Supplies

To help local students and teachers prepare for the upcoming year, town centers hosted school supply drives where guests were encouraged to drop off a variety of school supply items. These donations benefitted school districts within the community and eased the burden on families and educators who navigated costly school supply lists.

Some town centers received local media attention for the tremendous amount of supplies secured for children in need, like Paddock Mall who donated 3,000 backpacks to local students, and Pearlridge Center, who collected nearly 4,000 school supplies for students at local public schools.

Many town centers put their own custom community twist on this important initiative, including:

Additionally, town centers helped guests prepare for a new academic year by participating in Tax Free Weekends to ease costs during the back-to-school shopping season. Town centers like The Mall at Johnson City, Indian Mound Mall and Dayton Mall helped cut the cost of back-to-school expenses for clothing, school supplies and even computers.

Chalk It Up to School Spirit

Town centers like Scottsdale Quarter created interactive Chalk It Up walls for the community to share excitement about the school year. These messages ranged from their favorite school memory, words of encouragement for new students and their favorite parts about being in school.

Washington Prime Group's back-to-school events had an impact far beyond each individual town center, garnering more than 550 news and broadcast stories with an estimated reach of 630 million, according to Meltwater Media Intelligence. Content about the events generated 2.6 million impressions and hundreds of social media mentions, according to Fusion Alliance.

Above all, the robust roster of back-to-school celebrations brought communities together and started the new school year with excitement and anticipation for the year ahead.

About Washington Prime Group

Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties. The Company combines a national real estate portfolio with its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S. Washington Prime Group® is a registered trademark of the Company. Learn more at www.washingtonprime.com.

Contact

Media: [email protected]

Forward-Looking Statements

This press release contains "forward-looking statements" related to future events. Forward-looking statements contain words such as "expect," "anticipate," "could," "should," "intend," "plan," "believe," "seek," "see," "may," "will," "would," or "target." Forward-looking statements are based on management's current expectations, beliefs, assumptions and estimates and may include, for example, statements regarding the company's proceedings under Chapter 11 of the U.S. Bankruptcy Code (the "Chapter 11 Cases"), the Company's ability to complete the restructuring and its ability to continue operating in the ordinary course while the Chapter 11 Cases are pending. These statements are subject to significant risks, uncertainties, and assumptions that are difficult to predict and could cause actual results to differ materially and adversely from those expressed or implied in the forward-looking statements, including risks and uncertainties regarding the Company's ability to successfully complete a restructuring under Chapter 11, including: consummation of the restructuring; potential adverse effects of the Chapter 11 Cases on the Company's liquidity and results of operations; the Company's ability to obtain timely approval by the Bankruptcy Court with respect to the motions filed in the Chapter 11 Cases; objections to the recapitalization process or other pleadings filed that could protract the Chapter 11 Cases; employee attrition and the Company's ability to retain senior management and other key personnel due to the distractions and uncertainties imposed in part by the Chapter 11 Cases; the Company's ability to comply with financing arrangements, including the DIP Facility; the Company's ability to maintain relationships with its tenants, suppliers, customers, employees, sponsors, and other third parties and regulatory authorities as a result of the Chapter 11 Cases; the effects of the Chapter 11 Cases on the Company and on the interests of various constituents, including holders of the Company's common stock and other equity securities; the Bankruptcy Court's rulings in the Chapter 11 Cases, including the approvals of the terms and conditions of the restructuring and the outcome of the Chapter 11 Cases generally; the length of time that the Company will operate under Chapter 11 protection and the continued availability of operating capital during the pendency of the Chapter 11 Cases; risks associated with third party motions in the Chapter 11 Cases, which may interfere with the Company's ability to consummate the restructuring or an alternative restructuring; increased administrative and legal costs related to the Chapter 11 process; potential delays in the Chapter 11 process due to the effects of the COVID-19 virus; and other litigation and inherent risks involved in a bankruptcy process. Forward-looking statements are also subject to the risk factors and cautionary language described from time to time in the reports the Company files with the U.S. Securities and Exchange Commission, including those in the Company's most recent Annual Report on Form 10-K and any updates thereto in the Company's Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These risks and uncertainties may cause actual future results to be materially different than those expressed in such forward-looking statements. The Company has no obligation to update or revise these forward-looking statements and does not undertake to do so.

The Company cautions that trading in the Company's securities during the pendency of the Chapter 11 Cases is highly speculative and poses substantial risks. Trading prices for the Company's securities may bear little or no relationship to the actual recovery, if any, by holders of the Company's securities in the Chapter 11 Cases. Holders of shares of the Company's common stock and other equity securities could experience a complete loss on their investment, depending on the outcome of the Chapter 11 Cases.

Disclaimer

Washington Prime Group Inc. published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2021 19:21:04 UTC.