CBL Properties Joins Time to Vote Movement

Encourages Voter Registration And Participation Among Employees

CBL Properties (NYSE:CBL) today announced that it has joined more than 700 companies nationwide that have partnered with Time to Vote to ensure that all of its employees have access to voter registration information and deadlines as well as paid time off to vote on or before Election Day.

“We have long advocated for our employees to be active participants in the communities where we work and live,” said Stephen Lebovitz, chief executive officer. “We realize that the ongoing pandemic may present additional challenges to voter participation, so we want to reiterate that commitment by taking proactive steps to encourage all CBL team members to make their voices heard by voting and helping others to vote.”

The pandemic has left many precincts across the nation with unexpected shortages in poll workers and volunteers, causing local election commissions to fill these gaps. To help address this issue in the markets where CBL operates, the company will expand its corporate volunteer policy to allow employees to use paid volunteer hours to work the polls in their respective precincts.

About CBL Properties Headquartered in Chattanooga, TN, CBL Properties owns and manages a national portfolio of market-dominant properties located in dynamic and growing communities. CBL’s portfolio is comprised of 108 properties totaling 68.2 million square feet across 26 states, including 68 high-quality enclosed, outlet and open-air retail centers and nine properties managed for third parties. CBL continuously seeks to strengthen its company and portfolio through active management, aggressive leasing and profitable reinvestment in its properties. For more information visit cblproperties.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200917005617/en/

Investor Contact: Katie Reinsmidt, EVP & Chief Investment Officer, 423.490.8301, [e-mail] Media Contact: Stacey Keating, Sr. Director of Public Relations & Corporate Communications, 423.490.8361, [e-mail]