SITE Centers Corp. (NYSE: SITC) today announced the tax allocations of 2018 distributions on its common shares and three series of preferred shares.

For shareholders of SITE Centers Corp. common and preferred shares, the Form 1099-DIV summarizes the allocation of 2018 distributions including the spin-off of Retail Value Inc. (NYSE: RVI) on July 2, 2018. The amounts indicated on Form 1099-DIV should be reported on shareholders’ 2018 federal income tax returns. The schedule below, presented on a per share basis, is provided for informational purposes only and should only be used to clarify the Form 1099-DIV.

Please note that the January 5, 2018 common share distribution is included in the tax allocations for 2018 and the January 4, 2019 common share distribution will be included in the tax allocations for 2019. Additionally, the company’s name and ticker symbol changed from DDR Corp. on October 12, 2018 and is reflected in the CUSIP column on the chart below.

Common Shares (NYSE:SITC)

																		Unrecaptured
				Record		Payable		Ordinary		Total		Return of		Total		Section 199A		Sec. 1250
Period		CUSIP		Date		Date		Dividends		Capital Gain		Capital (1)		Distributions		Dividends		Gain
4Q17		23317H102		12/12/2017		01/05/2018		0.034188		0.000000		0.155812		0.190000		0.034188		0.000000
1Q18		23317H102		03/16/2018		04/03/2018		0.034188		0.000000		0.155812		0.190000		0.034188		0.000000
2Q18		23317H102		06/13/2018		07/03/2018		0.068376		0.000000		0.311624		0.380000		0.068376		0.000000
RVI		23317H102		06/26/2018		07/01/2018		0.578503		0.000000		2.636547		3.215050		0.578503		0.000000
3Q18		23317H102		09/26/2018		10/10/2018		0.035987		0.000000		0.164013		0.200000		0.035987		0.000000
Total								0.751242		0.000000		3.423808		4.175050		0.751242		0.000000

Preferred Class A Depositary Shares (NYSE:SITC_pa)

																		Unrecaptured
				Record		Payable		Ordinary		Total		Return of		Total		Section 199A		Sec. 1250
Period		CUSIP		Date		Date		Dividends		Capital Gain		Capital (1)		Dividends		Dividends		Gain
01/15/18 – 04/14/18		23317H870		03/29/2018		04/16/2018		0.398440		0.000000		0.000000		0.398440		0.398440		0.000000
04/15/18 – 07/14/18		23317H870		06/29/2018		07/16/2018		0.398440		0.000000		0.000000		0.398440		0.398440		0.000000
07/15/18 – 10/14/18		23317H870		09/28/2018		10/15/2018		0.398440		0.000000		0.000000		0.398440		0.398440		0.000000
10/15/18 – 01/14/19		82981J885		12/28/2018		01/15/2019		0.398440		0.000000		0.000000		0.398440		0.398440		0.000000
Total								1.593760		0.000000		0.000000		1.593760		1.593760		0.000000

Preferred Class J Depositary Shares (NYSE:SITC_pj)

																		Unrecaptured
				Record		Payable		Ordinary		Total		Return of		Total		Section 199A		Sec. 1250
Period		CUSIP		Date		Date		Dividends		Capital Gain		Capital (1)		Dividends		Dividends		Gain
01/15/18 – 04/14/18		23317H607		03/29/2018		04/16/2018		0.406250		0.000000		0.000000		0.406250		0.406250		0.000000
04/15/18 – 07/14/18		23317H607		06/29/2018		07/16/2018		0.406250		0.000000		0.000000		0.406250		0.406250		0.000000
07/15/18 – 10/14/18		23317H607		09/28/2018		10/15/2018		0.406250		0.000000		0.000000		0.406250		0.406250		0.000000
10/15/18 – 01/14/19		82981J703		12/28/2018		01/15/2019		0.406250		0.000000		0.000000		0.406250		0.406250		0.000000
Total								1.625000		0.000000		0.000000		1.625000		1.625000		0.000000

Preferred Class K Depositary Shares (NYSE:SITC_pk)

																		Unrecaptured
				Record		Payable		Ordinary		Total		Return of		Total		Section 199A		Sec. 1250
Period		CUSIP		Date		Date		Dividends		Capital Gain		Capital (1)		Dividends		Dividends		Gain
01/15/18 – 04/14/18		23317H805		03/29/2018		04/16/2018		0.390630		0.000000		0.000000		0.390630		0.390630		0.000000
04/15/18 – 07/14/18		23317H805		06/29/2018		07/16/2018		0.390630		0.000000		0.000000		0.390630		0.390630		0.000000
07/15/18 – 10/14/18		23317H805		09/28/2018		10/15/2018		0.390630		0.000000		0.000000		0.390630		0.390630		0.000000
10/15/18 – 01/14/19		82981J869		12/28/2018		01/15/2019		0.390630		0.000000		0.000000		0.390630		0..90630		0.000000
Total								1.562520		0.000000		0.000000		1.562520		1.562520		0.000000

(1) Represents a return of stockholders’ original investment

About SITE Centers Corp.

SITE Centers is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. The Company is a self-administered and self-managed REIT operating as a fully integrated real estate company, and is publicly traded on the New York Stock Exchange under the ticker symbol SITC. Additional information about the Company is available at www.sitecenters.com. To be included in the Company’s e-mail distributions for press releases and other investor news, please click here.

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Matthew Ostrower, 216-755-5500
EVP and Chief Financial Officer

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