Company: PSA-PH
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0000950170-25-046747
Chunk: 19

Company: Public Storage
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 19
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 the Board include his extensive digital, marketing, technology, cybersecurity, and data analytics experience. In addition, Mr. Shaukat brings international experience and his proven leadership and unique perspective to the Board. |

#### 20| Public Storage | 2025 Proxy Statement

#### Proposal 1: Election of Trustees
| Ronald P. Spogli Co-Founder of Freeman Spogli & Co.                        
 Former Ambassador to the Italian Republic and the Republic of San Marino   |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Age: 77 Trustee since: 2010 Independent Trustee Committees: NGS (Chair)CHC |     | Mr. Spogli joined the Board in February 2010. Mr. Spogli co-founded Freeman Spogli & Co. (Freeman Spogli), a private investment firm dedicated to middle-market companies positioned for growth, in 1983. Freeman Spogli has invested over $5.9 billion in 71 portfolio companies with an aggregate transaction value of over $29 billion and has completed over 250 add-on acquisitions with its portfolio companies. He served as the United States Ambassador to the Italian Republic and the Republic of San Marino from August 2005 until February 2009.Mr. Spogli also serves on the Board of Overseers of the Hoover Institution at Stanford University and on the Boards of Trustees of the W. M. Keck Foundation, the Center for American Studies in Rome, Italy, and White Bridge Investments, an Italian investment company. Previously, Mr. Spogli served as the Vice Chair of The J. Paul Getty Trust.Key Reasons for Nomination:Mr. Spogli’s qualifications for election to the Board include investing and investment management expertise and his broad-ranging board and executive experience. In addition, Mr. Spogli’s experience in government and international relations provides helpful insight in the European countries where Public Storage has investments. |

#### Public Storage | 2025 Proxy Statement |21

#### Proposal 1: Election of Trustees
| Paul S. Williams Retired Partner, Major, Lindsey & Africa                      
 Former President, National Association of Corporate Directors, Chicago Chapter |     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| Age: 65 Trustee since: 2021 Independent Trustee Committees: CHCNGS             |     | Mr. Williams joined the Board in January 2021. Mr. Williams served as a Partner and Managing Director of Major, Lindsey &