Kimco Realty : Fourth Quarter 2022 Environmental, Social and Governance at Kimco

Environmental,

Social, and

Governance

at Kimco Realty®

ESG Fourth Quarter 2022

2200 Westlake

Seattle, WA

Safe Harbor

This communication contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with the safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company's future plans, strategies and expectations, including the Company's sustainability and diversity goals, strategies, targets, commitments, projects, objectives, plans and programs, are generally identifiable by use of the words "believe," "expect," "intend," "commit," "anticipate," "estimate," "project," "will," "target," "forecast" or similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which, in some cases, are beyond the Company's control and could materially affect actual results, performances or achievements, including the Company's ability to achieve the goals, targets and commitments set forth in this communication. Factors which may cause actual results to differ materially from current expectations include, but are not limited to, (i) general adverse economic and local real estate conditions, (ii) the impact of competition, including the availability of acquisition or development opportunities and the costs associated with purchasing and maintaining assets, (iii) the inability of major tenants to continue paying their rent obligations due to bankruptcy, insolvency or a general downturn in their business, and the reduction in the Company's income in the event of multiple lease terminations by tenants or a failure of multiple tenants to occupy their premises in a shopping center, (iv) the potential impact of e-commerce and other changes in consumer buying practices, (v) the availability of suitable acquisition, disposition, development and redevelopment opportunities, and risks related to acquisitions not performing in accordance with our expectations, (vi) the Company's ability to raise capital by selling its assets, (vii) disruptions and increases in operating costs due to inflation and supply chain issues, (viii) risks associated with the development of mixed-use commercial properties, including risks associated with the development and ownership of non-retail real estate, (ix) changes in governmental laws and regulations, including, but not limited to, changes in data privacy, environmental (including climate change), safety and health laws, and management's ability to estimate the impact of such changes, (x) our ability to achieve and maintain favorable environmental, social and governance-related rankings and scores, (xi) valuation and risks related to the Company's joint venture and preferred equity investments and other investments, (xii) valuation of marketable securities and other investments, including the shares of Albertsons Companies, Inc. common stock held by the Company, (xiii) impairment charges, (xiv) cybersecurity attacks and security incidents which could cause loss of confidential information and disrupt operations, (xv) the impact of natural disasters and weather and climate-related events (xvi) pandemics or other health crises, such as COVID-19, (xvii) our ability to attract, retain and motivate key personnel, (xviii) financing risks, such as the inability to obtain equity, debt or other sources of financing or refinancing on favorable terms to the Company, (xix) the level and volatility of interest rates and management's ability to estimate the impact thereof, (xx) changes in the dividend policy for the Company's common and preferred stock and the Company's ability to pay dividends at current levels, (xxi) unanticipated changes in the Company's intention or ability to prepay certain debt prior to maturity and/or hold certain securities until maturity, (xxii) the Company's ability to continue to maintain its status as a REIT for federal income tax purposes, [(xxiii) unexpected delays, difficulties, and expenses in executing against the Company's sustainability goals, targets and commitments [identified in this communication], (xxiv) unexpected cost increases or technical difficulties in constructing, maintaining or modifying properties, (xxv) energy prices, (xxvi) technological innovations,] and (xxvii) the other risks and uncertainties identified under Item 1A, "Risk Factors" and elsewhere in our most recent Annual Report on Form 10-K and in the Company's other filings with the Securities and Exchange Commission ("SEC"). Accordingly, there is no assurance that the Company's expectations will be realized. The Company disclaims any intention or obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to refer to any further disclosures the Company makes or related subjects in the Company's quarterly reports on Form 10-Q and current reports on Form 8-K that the Company files with the SEC.

Furthermore, while future events discussed in this communication may be significant, any significance should not be read as necessarily rising to the level of materiality of certain disclosures included in our SEC filings. In addition, non-financial information, such as that included in parts of this communication, is subject to greater potential limitations than financial information, given the methods used for calculating or estimating such information. In addition, many of the standards and performance metrics used and referred to in the environmental, social and governance-related goals, targets and commitments set forth or referred to in this communication continue to evolve and are based on management expectations and assumptions believed to be reasonable at the time of preparation, but should not be considered guarantees. The standards and performance metrics used, and the expectations and assumptions they are based on, have not unless otherwise expressly specified, been verified by any third party. Additionally, our disclosures based on certain third- party frameworks may change due to revisions in framework requirements, availability of information, changes in our business or applicable governmental communication, or other factors, some of which may be beyond our control

Environmental, Social, and Governance at Kimco Realty®

2

Oak Forest

Houston, TX

Table of Contents

4 Kimco Realty® ESG Leadership

12 Environmental Platform

22 Social Platform

32 Governance Platform

Environmental, Social, and Governance at Kimco Realty®

3

Kimco Realty®

ESG Leadership

The District @ Tustin Legacy
Tustin, CA
Environmental, Social, and Governance at Kimco Realty®	4

Longstanding History of ESG at Kimco Realty

ESG

1958	2011	2012
KIM Founded	Colombe	Dedicated
on a handshake	Nicolaus	ESG Team
1991	appointed to	formed
the Board
KIM IPO	(2021 retired)
launched
Modern
REIT Era
2006
KIM named
to S&P 500

ESG Foundation Building

2011

	KIM	2012
	officially
	starts	Launched
	reporting on	portfolio wide	2013
2010	ESG by it	recycling
initial	program and	Installed
Installed	participation	utility	first EV
first rooftop	in GRESB	management	charging
solar array	& CDP	initiative	station

Kimco Realty and ESG Governance

2016	2017
Conor Flynn	Mary
appointed	Hogan
CEO &	Preusse
Board	appointed
Member	to the
	Board

2014

Published first, GRI - aligned Corporate Responsibility Report

2014	2015	2017
Launched	Launched	KimCares
LED lighting	water	scholarships
retrofit	management	and benefit
initiative	efforts	enhancements

ESG Initiatives

2018	2019	2020
Valerie	Established	Henry
Richardson	ESG Steering	Moniz
appointed to	Committee	appointed
the Board		to the
		Board

ESG Leadership

2019

Launched

	Diversity, Equity,	2020
	and Inclusion	Created
	council
	Tenant
	2019
	Assistance
	Launched national	Program
	call center	2020
2018	2019
Issued
KimCares	Aligned ESG	$500M
recognition	reporting with	Green
program	TCFD and SASB	Bond

2021

Merger with Weingarten Realty Investors

2021

Launched

Councils:

Giving,

Wellness,

Sustainability,

Tenant

Engagement

2021

Investment in

Fifth Wall's

Climate Tech

Fund

2022

ESG incorporated into compensation across leadership team

2022

Published first Workforce Diversity Report (EEO-1)

2022

Launched

Milton

Cooper

Trailblazer in

Real Estate

Award

LEADERSHIP

Environmental, Social, and Governance at Kimco Realty®

5