Tanger Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Accumulated Other Comprehensive Loss of the Company

Accumulated Other Comprehensive Loss of the Company

12 Months Ended

Dec. 31, 2024

Tanger Factory Outlet Centers, Inc. [Member]

Accumulated Other Comprehensive Loss of the Company

The following table presents changes in the balances of each component of accumulated comprehensive income (loss) for the years ended December 31, 2024, 2023 and 2022 (in thousands):


	Tanger Inc. Accumulated Other Comprehensive Income (Loss)						Noncontrolling Interest in Operating Partnership Accumulated Other Comprehensive (Income) Loss
	Foreign currency		Cash flow hedges		Total		Foreign currency		Cash flow hedges		Total
Balance December 31, 2021	$	(19,713)	$	1,952	$	(17,761)	$	(1,084)	$	72	$	(1,012)
Other comprehensive income (loss) before reclassifications	(4,803)		14,997		10,194		(267)		725		458
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(3,470)		(3,470)		—		(159)		(159)
Balance December 31, 2022	(24,516)		13,479		(11,037)		(1,351)		638		(713)
Other comprehensive income (loss) before reclassifications	1,431		—		1,431		58		—		58
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		(13,913)		(13,913)		—		(619)		(619)
Balance December 31, 2023	(23,085)		(434)		(23,519)		(1,293)		19		(1,274)
Other comprehensive income (loss) before reclassifications	(4,800)		—		(4,800)		(158)		—		(158)
Reclassification out of accumulated other comprehensive income (loss) into other income (expense) for foreign currency and interest expense for cash flow hedges	—		632		632		—		(15)		(15)
Balance December 31, 2024	$	(27,885)	$	198	$	(27,687)	$	(1,451)	$	4	$	(1,447)

We expect within the next twelve months to reclassify into earnings as a decrease to interest expense approximately $664,000 of the amounts recorded within accumulated other comprehensive income (loss) related to the interest rate swap agreements in effect and as of December 31, 2024.