Kimco Realty® announced that it will redeem (i) $299.67 million aggregate principal amount of its 3.50% Notes due 2023 (CUSIP No. 948741 AJ2), representing all of the outstanding April 2023 Notes, and (ii) $313.925 million aggregate principal amount of its 3.125% Senior Notes 2023 (CUSIP No. 49446R AK5), representing all of the outstanding June 2023 Notes, in each case, on September 9, 2022.

The April 2023 Notes were issued pursuant to an Indenture, dated as of May 1, 1995, between Kimco Realty (as successor in interest to Weingarten Realty Investors) and The Bank of New York Mellon Trust Company, N.A. (as successor in interest to JPMorgan Trust Company, National Association, successor in interest to Texas Commerce Bank National Association), as trustee, as supplemented and amended by the First Supplemental Indenture, dated as of August 2, 2006, the Second Supplemental Indenture, dated as of October 9, 2012 and the Third Supplemental Indenture, dated as of August 3, 2021, in each case entered into between Kimco Realty and the Weingarten Trustee. The June 2023 Notes were issued pursuant to an Indenture, dated as of September 1, 1993, between the Company and The Bank of New York Mellon (as successor in interest to IBJ Schroder Bank & Trust Company), as trustee, as supplemented and amended by the First Supplemental Indenture, dated as of August 4, 1994, the Second Supplemental Indenture, dated as of April 7, 1995, the Third Supplemental Indenture, dated as of June 2, 2006, the Fourth Supplemental Indenture, dated as of April 26, 2007, the Fifth Supplemental Indenture, dated as of September 24, 2009, the Sixth Supplemental Indenture, dated as of May 23, 2013, and the Seventh Supplemental Indenture, dated as of April 24, 2014 (together with the Company Base Indenture, the Company First Supplemental Indenture, the Company Second Supplemental Indenture, the Company Third Supplemental Indenture, the Company Fourth Supplemental Indenture, the Company Fifth Supplemental Indenture and the Company Sixth Supplemental Indenture, the “Company Indenture”), in each case entered into between Kimco Realty and the Company Trustee. Pursuant to the terms of the April 2023 Notes, the redemption price will be equal to $1,000 plus a make-whole premium for each $1,000 principal amount of April 2023 Notes redeemed, calculated in accordance with the terms of the Weingarten Indenture, plus accrued and unpaid interest to, but not including, the Redemption Date.

Pursuant to the terms of the June 2023 Notes, the redemption price will be equal to $1,000 plus a make-whole premium for each $1,000 principal amount of June 2023 Notes redeemed, calculated in accordance with the terms of the Company Indenture, plus accrued and unpaid interest to, but not including, the Redemption Date. The Company will incur a prepayment charge in connection with the redemption of the April 2023 Notes and the June 2023 Notes of an aggregate of approximately $0.4 million, which will impact Net Income and Funds from Operations during the third quarter of 2022. A notice of redemption and related materials will be mailed to holders of record of the April 2023 Notes and the June 2023 Notes on August 10, 2022.

Holders that hold their April 2023 Notes and June 2023 Notes through the Depository Trust Company (“DTC”) will be redeemed in accordance with the applicable procedures of DTC. Questions relating to the notices of redemption and related materials should be directed to The Bank of New York Mellon, in its capacity as paying agent for the redemption of the April 2023 Notes and the June 2023 Notes (the “Paying Agent”), at 1-800-254-2826. The address of the Paying Agent is The Bank of New York Mellon, 500 Ross Street, 12th Floor, Pittsburgh, Pennsylvania 15262.