UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32268 Kite Realty Group Trust Commission File Number: 333-202666-01 Kite Realty Group, L.P. KITE REALTY GROUP TRUST KITE REALTY GROUP, ...

Kite Realty Group Trust (NYSE:KRG) Q3 2022 Earnings Conference Call November 3, 2022 11:00 AM ET Company Participants Bryan McCarthy - SVP, Marketing and Communications John Kite - Chairman and CEO Tom McGowan - President and COO Heath Fear - EVP and CFO Conference Call Participants Todd Thomas - KeyBanc Capital Markets Craig Mailman - Citi Jeff Spector - Bank of America Wes Golladay - Baird Connor Mitchell - Piper Sandler Linda Tsai - Jefferies Christopher Lucas - Capital One Paulina Rojas Schmidt - Green ...

KÍTE DITION VILLAGE CENTER MSA: Port St. Lucie, FL HOLLY SPRINGS TOWNE CENTER MSA: Raleigh, NC ONE LOUDOUN DOWNTOWN MSA: Washington, D.C. / Baltimore SOUTHLAKE TOWN SQUARE MSA: Dallas / Fort Worth, TX KITE REALTY GROUP INVESTOR UPDATE Q3 2022 KRG © 2022 Kite Realty Group | kiterealty.com LISTED NYSE Number of Operating Retail Properties Total Owned Retail GLA (SF) Operating Retail Portfolio Percent Leased Annualized Base Rent (ABR) per SF % of ABR from assets with a grocery component1 | --- | --- | |------- ...

Financial Data and Key Metrics Changes - Kite Realty Group achieved FFO per share of $0.49, exceeding consensus estimates by $0.06, representing a 44% year-over-year increase [8][24][29] - Same-property NOI growth for the quarter was 3.8%, with a year-to-date growth of 4.9% [9][30] - Net debt to EBITDA improved to 5.3x, down from 5.7x in the previous quarter and 6.4x from the same period in 2021 [33][34] Business Line Data and Key Metrics Changes - The company signed 206 leases totaling nearly 1.2 million square feet in the quarter, with blended cash spreads for comparable new and renewal leases at 13.2% [10][11] - Retention ratio for the quarter and year-to-date remained high at 90% [11] - The signed-not-open pipeline is valued at $41 million, with additional growth opportunities expected from leasing active developments [13][15] Market Data and Key Metrics Changes - The company reported strong leasing demand across its portfolio, with record low retail bankruptcies and high leasing volumes [12][25] - The average household income within a 3-mile radius of properties increased by 13%, and the population grew by 34% [25][24] Company Strategy and Development Direction - The company is focused on delivering its signed-not-open pipeline and enhancing its portfolio through strategic acquisitions and developments [13][21] - The company aims to leverage its strong balance sheet to capitalize on market opportunities while maintaining a disciplined approach to capital allocation [34][35] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for retail space and the company's ability to navigate macroeconomic challenges [7][73] - The company raised its 2022 FFO guidance to a range of $1.80 to $1.86 per share and same-property NOI growth assumption to 3.5% to 4.5% [26][31] Other Important Information - The company completed $102 million in acquisitions and $66 million in dispositions year-to-date, with a blended cap rate on acquisitions at 5.75% [17][18] - The company is in discussions to add up to 1,000 multifamily units through joint ventures [19] Q&A Session Summary Question: Comments on stock price despite strong performance - Management acknowledged the market's cautious approach post-merger but emphasized the strong operational performance and potential for stock price appreciation [40][41][42] Question: Future capital deployment opportunities - Management indicated a focus on pairing trades and capitalizing on market disconnects while continuing to invest in leasing and development [46][47][49] Question: Lease to occupied spread contraction - Management explained that the contraction was due to the mix of deals being signed and opened, with expectations for continued strong leasing activity [56] Question: Update on bad debt expectations - Management lowered bad debt expectations to 1% of revenues, reflecting improved collection rates and a smaller watch list [57][58] Question: SNO pipeline growth expectations - Management expects the SNO pipeline to remain steady, with significant rent commencements anticipated in the coming quarters [62] Question: Retail demand and tenant performance - Management reported strong demand across various tenant categories, with no significant weakness observed in the retail sector [72][73][76] Question: Recovery metrics from RPAI portfolio - Management noted improvements in recovery ratios due to operational efficiencies and the conversion of leases to fixed CAM [83][84] Question: Balance sheet and refinancing plans - Management indicated confidence in refinancing maturing debt at favorable rates, with expectations for neutral interest expense impact [96][99] Question: Monitoring tenant performance for weakness - Management stated that they are not currently seeing significant weakness among tenants, with a focus on monitoring specific segments [107][108]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32268 Kite Realty Group Trust Commission File Number: 333-202666-01 Kite Realty Group, L.P. KITE REALTY GROUP TRUST KITE REALTY GROUP, L.P. ...

| --- | --- | --- | --- | --- | --- | --- | |-------|--------------------------------------------------|---------------------------------------------------------------------|----------------------------------------------------------------------|-------|--------------------------------------------|---------| | | | | | | | | | | | | | | | | | | THE LANDING AT TRADITION MSA: Port St. Lucie, FL | SOUTHLAKE TOWN SQUARE MSA: Dallas/Ft. Worth, TX MSA: South Bend, IN | RAMPART COMMONS MSA: Las Vegas, NV EDDY STREET ...

© 2021 Kite Realty Group | kiterealty.com KOTE BRPAI KITE REALTY GROUP + RPAI STRATEGIC MERGER Investor Presentation © 2021 Kite Realty Group | kiterealty.com NYSE KRG KITE REALTY GROUP SAFE HARBOR Forward Looking Statements This communication contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the proposed transaction between Kite Re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q KITE REALTY GROUP TRUST KITE REALTY GROUP, L.P. (Exact name of registrant as specified in its charter) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware Kite Realty Group, L.P. 20-1453863 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Num ...

Financial Data and Key Metrics Changes - Kite Realty Group reported FFO per share of $0.46, exceeding consensus estimates by $0.05 and representing a 35% increase year-over-year [7][23] - Same property NOI growth for the quarter was 5.9% compared to the same period in 2021, driven by higher minimum rent and lower bad debt [8][24] - The company raised its 2022 FFO as adjusted guidance to $1.77 per share at the midpoint and increased same property NOI growth assumption to a range of 2.25% to 3.25% [17][25] Business Line Data and Key Metrics Changes - KRG signed 182 leases totaling over one million square feet, including nine anchor leases, with blended cash spreads on comparable new and renewal leases at 16%, which is 3% higher than the previous quarter [8][9] - The cash spread on first quarter comparable non-option renewals was approximately 12% with a retention ratio of 90%, indicating strong demand and market rent trends [9][10] Market Data and Key Metrics Changes - The portfolio has signed not open NOI of approximately $37 million, expected to come online in the latter half of 2022 and the first half of 2023, an increase of $4 million from the previous quarter [12][13] - The spread between leased and occupied for the retail operating portfolio has grown to 320 basis points, indicating a positive growth trajectory [12] Company Strategy and Development Direction - The company is focused on capital allocation, having acquired two Sunbelt assets for a total of $66 million, and plans to match fund these acquisitions with dispositions [14][30] - KRG aims to maximize value from its entitled land bank, which has historically been undervalued, and is taking a bespoke approach to each parcel [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong leasing results and the ability to keep pace with inflation due to the nature of their assets and liabilities [18][19] - The company is well-positioned to weather economic uncertainties and capitalize on opportunities, with a solid balance sheet and improving liquidity profile [24][27] Other Important Information - The company is focused on ensuring timely tenant build-outs and has referred to 2022 as the year of the rent commencement date, highlighting their hands-on management style [19] - KRG is aware of the disconnect between its stock price and underlying fundamentals, emphasizing the quality of its real estate and operational performance [20] Q&A Session Summary Question: Capital recycling plans post-merger - Management confirmed plans to acquire and dispose of assets strategically, ensuring that acquisition and disposition activities remain neutral to earnings [30] Question: Goals for the upcoming ICSC conference - The focus will be on leveraging current momentum and expanding relationships with existing and new tenants, particularly in lifestyle centers [34][35] Question: Guidance conservatism and bad debt assumptions - Management acknowledged the conservative guidance due to macro uncertainties but expressed optimism based on strong leasing performance [39][40] Question: Potential for monetizing land holdings - Management indicated that land holdings could be candidates for monetization, providing flexibility in capital allocation [44] Question: Trends in leasing spreads and tenant categories - The company noted strong performance across various property segments, particularly in lifestyle centers, contributing to higher leasing spreads [70][71] Question: Thoughts on Kohl's as a tenant - Management expressed confidence in Kohl's as a customer and indicated that any potential changes would be managed effectively [96]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to___________ Commission File Number: 001-33268 Kite Realty Group Trust Commission File Number: 333-202666-01 Kite Realty Group, L.P. KITE REALTY GROUP TRUST KITE REA ...