SITE Centers Corp. Debt Disclosure

For the year ended December 31, 2025, the Company had no indebtedness. For the year ended December 31, 2024, the Company had mortgages outstanding with a fixed rate of 6.7% and a carrying value of $98.5 million (Nassau Park Pavilion) and a variable rate of 7.1% and a carrying value of $202.9 million (Mortgage Facility).

Nassau Park Pavilion Mortgage

During 2025, in conjunction with the sale of Nassau Park Pavilion, the fixed rate mortgage loan was paid off and the Company recorded Debt extinguishment costs (including a make-whole premium) of $8.0 million.

Mortgage Facility

On August 7, 2024, the Company closed and funded a $530.0 million mortgage loan (the “Mortgage Facility”) provided by affiliates of Atlas SP Partners, L.P. and Athene Annuity and Life Company, which was secured by 23 properties at closing. Throughout the term of the Mortgage Facility, the Company was in compliance with the financial covenants of the agreement.

As of December 31, 2025, the Mortgage Facility had been repaid in full. As of December 31, 2024, the outstanding principal balance of the Mortgage Facility was $206.9 million and 13 properties continued to serve as collateral for the Mortgage Facility. The Company recorded Debt extinguishment costs of $2.3 million and $10.1 million in the years ended December 31, 2025 and 2024, respectively, in conjunction with the repayment of the Mortgage Facility in December 2025 and the release of nine and 10 properties from the Mortgage Facility in connection with dispositions occurring during 2025 and 2024, respectively.

Total gross facility and administrative fees paid by the Company for its revolving credit facilities and term loans in 2024 and 2023 aggregated $1.3 million and $2.1 million, respectively.

Senior Notes

In August 2024, the Company used cash on hand and proceeds from the Mortgage Facility to repay all of its outstanding senior unsecured indebtedness, including redeeming its senior unsecured notes due in 2025, 2026 and 2027 (collectively, the “Senior

Notes”), and recorded Debt extinguishment costs of $6.7 million which included a make-whole amount of $4.1 million related to the redemption of its Senior Notes due in 2027. The make-whole premium was partially offset by $1.3 million of cash received upon the termination of the swaption which was recorded in (Loss) gain on derivative instruments (Note 6).

During 2024, the Company repurchased $88.3 million aggregate principal amount of its outstanding Senior Notes at a discount to par. In connection with these purchases, the Company recorded a net Gain on debt retirement of $1.0 million.

Term Loan

In August 2024, the Company repaid in full all outstanding amounts under the Third Amended and Restated Term Loan Agreement, dated as of June 6, 2022 (the “Term Loan Agreement”), by and among the Company, Wells Fargo National Bank, as administrative agent, and the lenders from time to time party thereto. At the time of the repayment, the principal amount outstanding under the Term Loan Agreement was $200.0 million and the Company recorded Debt extinguishment costs of $0.9 million. The Company received $6.8 million of cash related to an interest rate swap that was also terminated in connection with the repayment of the Term Loan Agreement (Note 6).

Revolving Credit Facility

In conjunction with the termination of its revolving credit facility in August of 2024, the Company recorded $3.9 million in Debt extinguishment costs in the year ended December 31, 2024.