Most Recent Quarter (3Q) Annual Financial Results [caption id="attachment_59425" align="aligncenter" width="820"] Latest year-end: December 31, 2017. TTM = trailing 12 months[/caption] Company Profile Taubman Centers is a self-administered and self-managed real estate investment trust (REIT), incorporated in 1973 and headquartered in Michigan. The Taubman Realty Group Limited Partnership is a majority-owned partnership subsidiary of Taubman Centers that directly or indirectly holds interests in all Taubman Centers’ real estate properties. Taubman Centers owns, leases, acquires, disposes of, develops, expands, and manages shopping centers and related interests. Strategy Taubman Centers operates a large, diverse selection of retail stores, aiming to increase retailers’ sales by leasing to a constantly changing mix of tenants, seeking to anticipate retail trends and providing innovative initiatives, including online and other technology solutions. Property Portfolio and Employees Taubman Centers’ portfolio includes 24 urban and suburban shopping centers in 11 US states, Puerto Rico, Korea and China. The company had 468 full-time employees as of December 31, 2017. Recent Developments

Date	Development
Dec 6, 2018	Taubman announces board changes including two new independent directors, two director retirements and new committee appointments.
Dec 12, 2018	Taubman and Express Image Digital launch an innovative wayfinding experience at the reimagined Beverly Center in Los Angeles.
Nov 2, 2018	Taubman announces $500 million renovation of iconic Beverly Center in Los Angeles.

Management Team

• Robert S. Taubman, Chairman, CEO and President
• Simon J. Leopold, Executive VP, CFO & Treasurer
• William S. Taubman, COO

Source: Company reports/S&P Capital IQ/Coresight Research