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Shurgard

Notice of Dividend Amount Aug 27, 2024

9952_iss_2024-08-27_f5611aa5-29fd-4ac3-b67c-78099880e578.pdf

Notice of Dividend Amount

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PRESS RELEASE

Regulated Information" August 27, 2024 – 6 pm CET

Shurgard Self Storage Ltd

"

("Shurgard" or the "Company")

Timing of the Optional Dividend

Shurgard sets the option period for the Optional Dividend (as defined below) from September 6, 2024 to September 19, 2024.

On August 13, 2024, the Board of Directors of Shurgard resolved to distribute a half year dividend of €0.58 per share (gross) and that it would offer shareholders the option of receiving either cash or shares (the "Optional Dividend") as their half year dividend (subject to certain conditions and modalities).

In the context of the Optional Dividend, a shareholder can choose between September 6, 2024 and September 19, 2024 at 4 pm CET (the "Option Period") among the following options:

  • the contribution of its dividend rights, after taking into account a deduction of 20% PID withholding tax, linked to existing shares, into Shurgard in exchange for new shares; or
  • payment of the dividend in cash; or
  • a combination of both previous options.

Shareholders who have not made a choice known during the Option Period, in the manner provided for this purpose, will in any case receive the Dividend in cash.

The issue price per new share and the exchange ratio for the Optional Dividend will be announced on September 5, 2024.

Calendar for the shareholders:

Ex date August 30, 2024
Record date September 2, 2024
Share issue price announcement September 5, 2024
Option Period September 6, 2024 –September 19, 2024 (until 4 pm CET)
Payment date September 26, 2024

The new shares that will be issued in the context of the Optional Dividend will be of the same type as the existing shares. They will benefit from the same rights and benefits as the existing shares, including dividend rights.

Certain major shareholders have confirmed their intention to opt for shares in lieu of a cash dividend.

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 327 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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