SIMON PROPERTY GROUP INC.

For the period ended May 13, 2026. Filed Apr 1, 2026.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

May 13, 2026 · Filed Apr 1, 2026

SPG$228.42+0.8%Stored close · as of Nov 6, 2026

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UNITED STATES**

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the**

**Securities Exchange Act of 1934

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Filed by a Party other than the Registrant☐

Check the appropriate box:

☐	Preliminary Proxy Statement

☐	Confidential, For Use of the Commission Only (as Permitted by Rule 14a-6(e)(2))

☒	Definitive Proxy Statement

☐	Definitive Additional Materials

☐	Soliciting Material Pursuant to §240.14a-12

Simon Property Group, Inc.

(Name of Registrant as Specified in Its Charter)

(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

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Track Record of Outperformance

Eli SimonChief Executive Officer,President and Chief Operating OfficerApril 1, 2026
Letter to Shareholders
Dear Fellow Shareholders,This is my first letter to shareholders inviting you to please join me and the Board of Directors at our 2026 Annual Meeting of Shareholders on May 13, 2026, at 8:30 a.m. Eastern Daylight Time. Our Annual Meeting will be a completely virtual meeting, conducted via live audio webcast on the Internet. You will be able to attend the meeting online, vote your shares and submit questions during the live webcast. The business to be conducted at the meeting is described in the accompanying Notice of Annual Meeting and this Proxy Statement.In 2025, our team delivered exceptional performance through discipline, creativity, and relentless execution resulting in another record-breaking year. The Company continues redefining the shopping experience and differentiating itself as we deliver our unique-to-market properties.We are driving value through disciplined reinvestment in our assets and by curating the right mix of retail, dining, and entertainment experiences at our properties. Assets matter and ours endure because they remain essential to retailers and communities alike—and they continue to perform for our shareholders. We see significant opportunities ahead across all of our operating platforms.Whether or not you plan to attend the virtual 2026 Annual Meeting, please read the Proxy Statement and vote your shares. Your vote is important to us, and we encourage you to vote as soon as possible. Instructions for voting by Internet, telephone or mail are included in your Notice of Internet Availability of Proxy Materials or proxy card (if you receive your materials by mail), and you may also vote during the meeting via the virtual platform. We are pleased to furnish proxy materials to our shareholders over the Internet. We believe that this e-proxy process expedites shareholders’ receipt of proxy materials, while also lowering the costs. After you have reviewed the Proxy Statement, we hope you will vote in accordance with the Board’s recommendations.Our 2025 Annual Report to Shareholders accompanies, but is not part of, or incorporated into, this Proxy Statement.Sincerely,Eli Simon

Notice of 2026 Annual Meeting of Shareholders

Dear Fellow Shareholders:I invite you to attend the 2026 Annual Meeting of Shareholders of Simon Property Group at 8:30 a.m. Eastern Daylight Time on Wednesday, May 13, 2026. Our Annual Meeting will be a completely virtual meeting, conducted via live audio webcast on the Internet.You will be able to attend the Annual Meeting as well as vote and submit your questions and examine our shareholder list during the live audio webcast of the meeting by visiting and entering the 16-digit Control Number included in your Notice, on your proxy card or in the instructions that accompanied your proxy materials. Although the meeting will not begin until 8:30 a.m., you will have the option to log in beginning at 8:00 a.m., on May 13, 2026, and we encourage you to log in and access the webcast at least 15 minutes before the Annual Meeting’s start time.For further details on how to participate, please see “Admission Requirements—What Do I Need to do to Attend the 2026 Annual Meeting?” in the “Frequently Asked Questions and Answers” on page 90 of the Proxy Statement.The following items of business will be conducted at our 2026 Annual Meeting of Shareholders:		DATE AND TIMEWednesday, May 13, 20268:30 a.m. Eastern Daylight Time
	VIRTUAL WEBCASTwww.virtualshareholdermeeting.com/SPG2026See pages 89-90 for additional instructions
	RECORD DATEShareholders of record at the close of business on March 16, 2026, are entitled to vote.


ITEMS OF BUSINESS	Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on May 13, 2026. This Proxy Statement and accompanying form of Proxy are first being made available to you on or about April 1, 2026. Proxy materials are available at proxyvote.com. Please be aware that our 2025 Annual Report to Shareholders accompanies, but is not a part of, or incorporated into, this Proxy Statement.
1	Elect 13 directors to our Board of Directors, including 2 directors to be elected by the voting trustee who votes the Class B common stock, to serve until the next Annual Meeting of our Shareholders and until their successors are duly elected and qualified
2	Advisory vote to approve the compensation of our Named Executive Officers
3	Ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for 2026
4	Other business as may properly come before the meeting or any adjournments or postponements of the meeting

	By Order of the Board of Directors,Steven E. FivelGeneral Counsel and SecretaryApril 1, 2026

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