Tanger Inc. ( SKT ) Q3 2025 Earnings Call November 5, 2025 8:30 AM EST Company Participants Ashley Curtis - Assistant Vice President of Investor Relations Stephen Yalof - President, CEO & Director Michael Bilerman - Executive VP, CFO & Chief Investment Officer Justin Stein - Executive Vice President of Leasing Leslie Swanson Conference Call Participants Craig Mailman - Citigroup Inc., Research Division Jeffrey Spector - BofA Securities, Research Division Viktor Fediv - Scotiabank Global Banking and Markets, Research Division Michael Griffin - Evercore ISI Institutional Equities, Research Division Juan Sanabria - BMO Capital Markets Equity Research Richard Hightower - Barclays Bank PLC, Research Division Floris Gerbrand Van Dijkum - Ladenburg Thalmann & Co. Inc., Research Division Hong Zhang - JPMorgan Chase & Co, Research Division Harrison Alexander Slater Todd Thomas - KeyBanc Capital Markets Inc., Research Division Presentation Ashley Curtis Assistant Vice President of Investor Relations Good morning. I'm Ashley Curtis, Assistant Vice President of Investor Relations, and I would like to welcome you to Tanger Inc.'s Third Quarter 2025 Conference Call.