Self Storage Group

Regulatory Filings • Sep 20, 2023

Trade notifications - undertakings to accept recommended voluntary offer

Trade notifications - undertakings to accept recommended voluntary offer

Reference is made to the announcement dated 20 September 2023 relating to the

agreement between Self Storage Group ASA (the "Company", OSE: SSG) and T-C

Storage HoldCo AB (the "Offeror")concerning a recommended voluntary cash offer

by the Offeror at an offer price of NOK 40 per Company share. As set out

therein, the following persons discharging managerial responsibilities in the

Company (or their related parties as described below) have on certain terms and

conditions undertaken to accept the Offer for all their shares in the Company:

· Alta Lux Holdco S.à r.l., a company affiliated with Centerbridge Partners

and chairman of the Board Steven Skaar has undertaken to accept the Offer for

its 27 206 078 shares in the Company.

· Fabian Holding AS, a company affiliated with CEO Fabian Søbak has undertaken

to accept the Offer for its 8 565 000 shares in the Company.

· GSS Invest AS, a company affiliated with board member Gustav Søbak has

undertaken to accept the Offer for its 5 565 000 shares in the Company.

· First Risk Capital AS, a company affiliated with board member Carl August

Ameln has undertaken to accept the Offer for its 2 600 000 shares in the

Company.

· Cecilie Brænd Hekneby, CFO, has undertaken to accept the Offer for her 346

288 shares in the Company.

· Ulf Tore Hekneby, related party to Cecilie Brænd Hekneby, has undertaken to

accept the Offer for his 340 705 shares in the Company.

· Ulrik Hekneby, related party to Cecilie Brænd Hekneby, has undertaken to

accept the Offer for his 1 900 shares in the Company.

Relevant disclosure forms are attached hereto.

For additional information, please contact:

Cecilie Brænd Hekneby, CFO, +47 992 93 826 / cehe@selfstoragegroup.no

About Self Storage Group|www.selfstoragegroup.no Self Storage Group ASA engages

in the business of renting out self-storage units to both private individuals

and businesses through the two concepts; OK Minilager and City Self-Storage. The

company is one of the leading self-storage providers in Scandinavia with a

particularly strong position in the Norwegian market. Self Storage Group

operates 142 facilities across Scandinavia with a current lettable area of 196

000 square meters as of Q2 2023.