Tanger Appoints Thomas J. Guerrieri Jr. to VP, Chief Accounting Officer and Controller

5/21/17

Tanger Factory Outlet Centers, Inc. (NYSE: SKT), announced today the promotion of Thomas J. Guerrieri Jr. to Vice President, Chief Accounting Officer and Controller, effective immediately. Mr. Guerrieri previously held the position of Vice President and Controller, and joined the company in 2000 as Director of Financial Reporting. In this role, he is responsible for SEC reporting, accounting, and financial reporting and financial reporting systems. He will report to Jim Williams, Senior Vice President and Chief Financial Officer.

"Tom has been with our company for almost two decades, and he has proven his acumen and diligence for increasingly complex financial operations," said Steven B. Tanger, Chief Executive Officer. "He is an asset to Tanger, continuing to take on new challenges and responsibilities throughout his tenure."

Prior to joining Tanger in 2000, Mr. Guerrieri was a Senior Accountant at PriceWaterhouseCoopers LLP. He graduated from the Kenan-Flagler Business School at the University of North Carolina in 1995 with a master's degree in accounting and a bachelor's degree in business administration. Mr. Guerrieri is also a certified public accountant.

"I am honored and excited to take on an expanded role within Tanger," said Thomas J. Guerrieri Jr., Vice President, Chief Accounting Officer and Controller. "I have seen our business grow and change significantly since joining Tanger, and I am so pleased to be part of its next chapter."

About Tanger Factory Outlet Centers, Inc.

Tanger Factory Outlet Centers, Inc. is a publicly-traded REIT headquartered in Greensboro, North Carolina that presently operates and owns, or has an ownership interest in, a portfolio of 43 upscale outlet shopping centers in 22 states coast to coast and in Canada, totaling approximately 14.8 million square feet leased to over 3,100 stores operated by more than 500 different brand name companies. With over 36 years of experience in the outlet industry and one additional center currently under construction, Tanger Outlet Centers continue to attract more than 188 million shoppers annually. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the Company's web site at www.tangeroutlets.com.

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