Self Storage Group

SSG: Runar Vatne elected chairman

Reference is made to the OSE notification 17 January 2020 regarding the

resignation of Martin Nes following the sale of all Self Storage Group shares

held by Ferncliff and Hanekamb Invest AS. The board of directors has today

elected Runar Vatne as new chairman.

"The board of directors will thank Martin for his valuable contributions and

dedication to Self Storage Group in an important part of the company´s growth

journey. I´m pleased to be elected as chairman and confirm our strategy and

outlook. Self Storage Group will continue to strengthen the position as a

leading self-storage provider across Scandinavia. We have an ambitious growth

strategy of increasing the freehold portfolio in selected markets, in addition

to carry out accretive acquisitions in a fragmented market. The board of

directors continues to see several growth opportunities going forward, on the

back of the increasing needs for external storage solutions in Scandinavia, and

reiterates our positive outlook," says Runar Vatne, chairman of Self Storage

Group.

For additional information, please contact:

Cecilie Hekneby, CFO, +47 99 29 38 26

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. As of Q3 2019 Self Storage Group operates 110 sites across Scandinavia

with a current lettable area of 134 900 square meters.

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