TANGER INC. — Director's Dealing 2025

Feb 22, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TANGER INC. (SKT)
CIK: 0000899715
Period of Report: 2025-02-20

Reporting Person: TANGER STEVEN B (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-20	Limited Partnership Units exchangeable for Common Stock	$	A	5060	Acquired		Common Stock (5060)	Direct

Footnotes

F1: Reflects an award of Basic LTIP Units of Tanger Properties Limited Partnership, which, if and as they become vested, are convertible, conditioned upon the satisfaction of minimum allocations to the
capital accounts of the Basic LTIP Units for federal income tax purposes, into non-voting Class C Common Units. Class C Common Units may be exchanged by the reporting person for Tanger Inc.
common shares on a one-for-one basis. Basic LTIP Units are intended to qualify as profits interests for US federal income tax purposes.

F2: Reflects an award of Basic LTIP Units, issued in lieu of an award of restricted common shares. These Basic LTIP Units are scheduled to vest on February 15, 2026 (subject to accelerated vesting in certain cases, such as death and certain involuntary terminations).

F3: Includes 5,060 Basic LTIP Units subject to time-based vesting.

F4: Does not include 2,879,797 Limited Partnership Units held by Tango 7 LLC that are exchangeable into shares of Tanger Inc. and considered indirectly beneficially owned by the Reporting Person.