Public Storage
For the period ended May 7, 2025. Filed Mar 28, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 7, 2025 · Filed Mar 28, 2025
Contents
PROXY STATEMENT SUMMARY
This summary highlights information you will find in this proxy statement and does not contain all the information that you should consider. You should read the entire proxy statement carefully before voting.
2025 ANNUAL MEETING INFORMATION
| Date and Time | Location | Record Date | Proxy Mail Date |
|---|---|---|---|
| Wednesday,May 7, 2025 at8:00 a.m. Central Time | The Rosewood Mansionon Turtle Creek2821 Turtle Creek BoulevardDallas, Texas 75219 | March 3, 2025 | On or aboutMarch 28, 2025 |
Public Storage shareholders as of the record date are entitled to vote on the matters presented at the meeting. Each common share, par value $0.10 per share (common share), of the Company is entitled to one vote for each trustee nominee and one vote on each of the other matters presented.
AGENDA AND VOTING RECOMMENDATIONS
| Proposal | Item | Board Recommendation | Vote Required | Page Reference |
|---|---|---|---|---|
| 1 | Election of Trustees | FOREach Nominee | Majority of votes cast | 10 |
| 2 | Advisory Vote to Approve Compensation of Named Executive Officers (NEOs) | FOR | Non-binding vote | 37 |
| 3 | Ratify Appointment of Ernst & Young LLP (EY) as our Independent Registered Public Accounting Firm for the Year Ending December 31, 2025 | FOR | Majority of votes cast | 83 |
| 4 | Approve Amendment and Restatement of the Public Storage 2021 Equity and Performance-Based Incentive Compensation Plan | FOR | Majority of votes cast | 87 |
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