Shurgard Self Storage Ltd

("Shurgard" or the "Company")

This announcement is not intended for release, publication or distribution or disclosure otherwise, either directly or indirectly, in full or in part, in Canada, Japan, Australia, Switzerland and South-Africa or any other jurisdiction where this would lead to a violation of the relevant legislation.

Pricing of the Optional Dividend

Shurgard sets the issue price for the optional dividend at EUR 38.9340 per new share.

On August 13, 2024, the Board of Directors of Shurgard has resolved to distribute a half year dividend of EUR 0.5800 per share (gross) and that it would offer shareholder the option of receiving either cash or shares (the "Optional Dividend") as their half year dividend (subject to certain conditions and modalities).

Issue Price per New Share	The issue price per new share of the Optional Dividend
	has been set at EUR 38.9340 per share.

	The issue price represents a 1.32% discount to the
	reference period (i.e. September 3, 2024 to and including
	September 4, 2024).
Exchange Ratio	One new share can be obtained by contributing 70 net
	dividend rights (taking into account a deduction of 20%
	PID withholding tax).

Choice for the shareholders	A shareholder can choose between: (i) contributing its
	dividend rights, (ii) receiving the dividend in cash or (iii)
	a combination of both options.
for the Dividend Ex-date	Friday August 30, 2024

Record date for the Dividend	Monday September 2, 2024
Option Period	From Friday September 6, 2024 to Thursday September
	19, 2024 at 16:00 CET.
	In the event a shareholder does not make a choice, the

	dividend will be paid out in cash.
Payment date for the Optional Dividend	Thursday September 26, 2024

Further information on the Optional Dividend can be found in the information document on the Company's website Dividend Information 2024 | Shurgard Investor Relations.

This press release is available on Shurgard's website.

About Shurgard

Shurgard is the largest provider of self storage in Europe. The company owns and/or operates 328 self-storage facilities and approximately 1.6 million net rentable square meters in seven countries: the United Kingdom, France, the Netherlands, Sweden, Germany, Belgium and Denmark.

Shurgard is a GRESB 5-star and Sector Leader, has an 'AA' ESG rating from MSCI, is rated Low risk by Sustainalytics and has a EPRA sBPR Gold medal. Shurgard is part of the BEL ESG index.

Shurgard's European network currently serves c. 220,000 customers and employs approximately 900 people. Shurgard is listed on Euronext Brussels under the symbol "SHUR".

For additional information: www.shurgard.com/corporate For high resolution images:https://shurgard.prezly.com/media

Contact

Caroline Thirifay, Director of Investor Relations, Shurgard Self Storage Ltd

E-mail: [email protected]

M: +44 75 96 87 57 13

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Shurgard

9952_iss_2024-09-05_a961d40a-09aa-442a-9283-e2d1efa3cf58.pdf

PRESS RELEASE

"Regulated Information"