Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 1, 2021, Lisa J. Morrison, Executive Vice President of Leasing of Tanger Factory Outlet Centers, Inc. (the "Company") notified the Company of her intention to transition from her executive officer role that is expected to become effective upon entry into a Transition and Consulting Agreement between Ms. Morrison and the Company or at a later date to be determined. The Company and Ms. Morrison intend to enter into a Transition and Consulting Agreement pursuant to which Ms. Morrison would serve as a consultant to the Company for one year, subject to earlier termination pursuant to the terms of such agreement.

Safe Harbor Statement

This Current Report on Form 8-K 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, including the Company's intention to enter into a Transition and Consulting Agreement with Ms. Morrison and the timing of Ms. Morrison's transition. 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.

You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other important factors which are, in some cases, beyond our control and which could materially affect our actual results, performance or achievements. Important factors which may cause actual results to differ materially from current expectations include, but are not limited to the risk that we are unable to reach an agreement with Ms. Morrison and other important factors set forth under Item 1A - "Risk Factors" in the Company's and the Operating Partnership's Annual Report on Form 10-K for the year ended December 31, 2020, as may be updated or supplemented in the Company's Quarterly Reports on Form 10-Q and the Company's other filings with the 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 Current Reports on Form 8-K that the Company files with the SEC.

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