Company: PSA-PH
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0000950170-25-046747
Chunk: 80

Company: Public Storage
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 80
---
ized Pay |           |     | CAP |            |   |
|:-----|:--------------|-----------:|:----|:-------------|-----------:|:----|:----|-----------:|:--|:----|:---------------------|----------:|:----|:-------------|----------:|:----|:----|-----------:|:--|
| 2024 | $             |  9,502,226 |     | $            | 11,255,379 |     | $   |  5,044,001 |   |     | $                    | 5,232,404 |     | $            | 5,848,573 |     | $   |  2,943,853 |   |
| 2023 |               |  8,776,291 |     |              | 11,298,478 |     |     | 11,147,987 |   |     |                      | 3,753,576 |     |              | 4,775,273 |     |     |  4,390,198 |   |
| 2022 |               |  9,201,442 |     |              |  5,431,540 |     |     | (1,902,305 | ) |     |                      | 4,844,366 |     |              | 2,590,905 |     |     | (2,183,334 | ) |
| 2021 |               | 10,358,153 |     |              |  3,845,336 |     |     | 41,035,570 |   |     |                      | 5,944,502 |     |              | 2,231,378 |     |     | 25,331,675 |   |
| 2020 |               |  4,800,928 |     |              |  2,400,973 |     |     |  4,537,499 |   |     |                      | 3,174,594 |     |              | 1,427,702 |     |     |  2,999,877 |   |

#### Public Storage | 2025 Proxy Statement |75
Proposal 2: Approve Executive Compensation

Relationship of CAP to Performance. The following graphs illustrate the relationship during 2020 to 2024 of the CAP for our CEO and the average CAP for our other