Company: PSA-PH
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0000950170-25-046747
Chunk: 65

Company: Public Storage
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 65
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 Proxy Statement
Proposal 2: Approve Executive Compensation

EXECUTIVE COMPENSATION TABLES

Summary Compensation Table.The following table sets forth information concerning the compensation earned by each of our NEOs for the years ended December 31, 2024, 2023, and 2022.

| Name and Principal      
 Position                |     | Year |     | Salary |           |     | Bonus |           |     | Stock     
 Awards(1) |           |     | Option    
 Awards(2) |           |     | Non-Equity      
 Incentive Plan  
 Compensation(3) |           |     | All Other       
 Compensation(4) |        |     | Total |           |
|:------------------------|:----|-----:|:----|:-------|----------:|:----|:------|----------:|:----|:----------|----------:|:----|:----------|----------:|:----|:----------------|----------:|:----|:----------------|-------:|:----|:------|----------:|
| Joseph D. Russell, Jr.  |     | 2024 |     | $      | 1,000,000 |     | $     |         — |     | $         | 4,010,813 |     | $         | 2,882,613 |     | $               | 1,590,000 |     | $               | 18,800 |     | $     | 9,502,226 |
| President and Chief     |     | 2023 |     |        |   900,000 |     |       |         — |     |           | 3,165,047 |     |           | 2,473,044 |     |                 | 2,220,000 |     |                 | 18,200 |     |       | 8,776,291 |
| Executive Officer       |     | 2022 |     |        |   800,000 |     |       |         — |     |           | 3,977,156 |     |           | 3,062,086 |     |                 | 1,350,000 |     |                 | 12,200 |     |       | 9,201,442 |
| H. Thomas Boyle         |     | 2024 |     | $      |   650,000 |     | $     |         — |     | $         |