Regency Centers - 2020 Corporate Responsibility Report

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15 | REGENCY CENTERS 2020 CORPORATE RESPONSIBILITY REPORT

Our People The following are specific workplace practices that Regency employees told us they value:

Increased Workplace Flexibility

Improved Frequent Communication

Talent Attraction and Retention We understand the importance of attracting and retaining the best talent in order to build long-term value. We strive to provide an environment where our people are connected to their teams, passionate about what they do and supported to deliver their best efforts and results. Our annual employee engagement survey provides an avenue for feedback that allows us to understand what we are doing right and importantly, what we could do better. In 2020, 90% of employees participated in our survey providing valuable insight into employee sentiment during a particularly challenging year. We are very proud that our efforts to transition to a remote work environment, remain connected and productive, and support each other through the global pandemic were reflected in an engagement score of 87%.

Employee Support

Training and development remain key elements of our approach to talent attraction and retention. Every eligible employee receives an annual review and career development discussion. Occupational education and training is provided to all employees so they can excel in their role. We also support further education and development and in 2020, Regency Centers provided reimbursement for tuition to 12 employees who have completed college courses to further their career goals. Our people are also supported to succeed through leadership and interpersonal skills training.

Our people are our most valuable resource. As we emerge from the pandemic and enter a new phase of working, we are designing a safe and inspiring workplace that attracts, supports and develops the best team in the business. Amy D’Olimpio, Senior Vice President, Human Resources

IN 2020, REGENCY EMPLOYEES PARTICIPATED IN:

10,528

2021 GOALS Maintain an average annual employee engagement

Total Hours of Training

score of 85% or greater We are pleased that adherence to COVID safety protocols made a voluntary return to the office in 2020 as safe as possible. Our people know their safety is of utmost importance to us. In 2021, we will be continuing best practice safety protocols as more people return to the office. We will also introduce increased workplace flexibility measures to maintain, if not improve, our team’s passion and commitment to being the best in the business.

REGENCY OVERVIEW

OUR PEOPLE

100% of employees receive regular performance and

career development reviews with support for training and other development opportunities Maintain voluntary employee turnover at or below 15%

OUR COMMUNITIES

ETHICS AND GOVERNANCE

24 Hours Average Per Employee

ENVIRONMENTAL STEWARDSHIP

GRI INDEX