Shurgard

Director's Dealing • Nov 21, 2022

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1. Details of the person discharging managerial responsibilities/person closely associated

a) | Name1

| Duncan BELL

2. Reason for the notification
a) Position / status2	VP Operations
Initial notification / amendment3	Initial notification

3. Details of the issuer, emission allowance market participant, auctioneer or auction monitor
a) Name4	Shurgard Self Storage SA
b) LEI5	549300JOUEIKU81XO336

4.	Details each place where transactions have been conducted	of	the	transaction(s) section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
	Description of the financial
a)	instrument, type of instrument 6	Shares
	Identification code7	LU1883301340
		1)	Cashless exercise of stock options
b)	Nature of the transaction8	2)	Exercise of stock options over shares
			Price(s)	Volume(s)
C)	Price(s) and volume(s)9	N/A		N/A
	Aggregated information
		1)	7,000
	- Aggregated volume10	2)	3.000
		1)	EUR 61,390.00
d)	- Price11	2)	EUR 26,310.00
		1)	2022-11-17; 15:40 UTC
e	Date of the transaction12	2)	2022-11-17; 15:41 UTC
		1)	Outside a trading venue
f)	Place of the transaction13	2)	Outside a trading venue

Date and signature November 18, 2022

1 per 18/11/23

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