Taubman Named As a 2016 Cool Place to Work in Michigan

08/31/2016

Crain’s Detroit honors the shopping center REIT

BLOOMFIELD HILLS, Mich., Aug. 31, 2016 - Taubman was recently selected as one of the 2016 Cool Places to Work in Michigan. The annual list of “Cool Places to Work” was created by Crain’s Detroit Business and Best Companies Group.

“Taubman is a place where the culture is strong and positive, the work environment is nurturing and rewarding, and the company is committed to being the best,” said Holly Kinnear, senior vice president, Human Resources. “This recognition is consistent with other awards we’ve received and, of course, we’re thrilled to be named on this list with other top employers.”

This survey and award program was designed to identify, recognize and honor the best places of employment in Michigan, benefiting the state's economy, its work force and businesses.

To be considered for participation, companies had to fulfill the following eligibility requirements:

  • Be a for-profit or not-for-profit business or government entity;
  • Be a publicly or privately held business;
  • Have a facility in the state of Michigan;
  • Have at least 15 employees working in Michigan; - Must be in business a minimum of one year.

Organizations from across the state entered the two-part survey process to determine the Cool Places to Work in Michigan. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics. The second part consisted of an employee survey to measure the employee experience. The combined scores determined the top organizations and the final ranking. Best Companies Group managed the overall registration, survey and analysis process and determined the final rankings.

Taubman was selected in part for its values-based culture, comprehensive learning and development program, and generous rewards package focused on an employee’s total well-being.

Public announcement of the entire list and rankings of the 3rd annual Cool Places to Work in Michigan program was published by Crain’s Detroit Business on August 29, 2016.

Program partners are Crain’s Detroit Business and Best Companies Group.

For more information on the Cool Places to Work in Michigan program, visit www.CoolPlacestoWorkMI.com.

About Taubman

Taubman Centers is an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 25 regional, super-regional and outlet shopping centers in the U.S. and Asia. Taubman’s U.S.-owned properties are the most productive in the publicly held U.S. regional mall industry. Taubman is currently developing two properties in Asia totaling 2.7 million square feet. Founded in 1950, Taubman is headquartered in Bloomfield Hills, Mich. Taubman Asia, founded in 2005, is headquartered in Hong Kong. www.taubman.com.

For ease of use, references in this press release to “Taubman Centers,” “company,” “Taubman” or an operating platform mean Taubman Centers, Inc. and/or one or more of a number of separate, affiliated entities. Business is actually conducted by an affiliated entity rather than Taubman Centers, Inc. itself or the named operating platform.

This press release may contain 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. These statements reflect management's current views with respect to future events and financial performance. The forward-looking statements included in this release are made as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements, even if new information becomes available in the future. Actual results may differ materially from those expected because of various risks and uncertainties. You should review the company's filings with the Securities and Exchange Commission, including “Risk Factors” in its most recent Annual Report on Form 10-K and subsequent quarterly reports, for a discussion of such risks and uncertainties.

CONTACT:
Maria Mainville, Director, Strategic Communications, Taubman
248-258-7469
mmainville@taubman.com

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