Item 5.07 Submission of Matters to a Vote of Security Holders

On May 2, 2023, Public Storage (the "Company") held its 2023 Annual Meeting of Shareholders (the "Annual Meeting"). Five proposals were submitted to the Company's shareholders for a vote at the Annual Meeting.

The five proposals are described in detail in the Company's proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on March 22, 2023. The final results for the votes for each proposal are set forth below.

1. The shareholders elected thirteen trustees to the Board of Trustees to hold


    office until the 2024 Annual Meeting or until their successors are duly
    qualified and elected, and the size of the Board of Trustees concurrently was
    reduced to thirteen. The votes for each nominee were as follows:



Name                       Votes For    Votes Against    Abstain    Broker Non-Votes
Ronald L. Havner, Jr.     145,627,367     5,435,568     2,568,013      7,372,840
Tamara Hughes Gustavson   151,470,659     1,882,017      278,272       7,372,840
Leslie S. Heisz           143,212,687    10,142,388      275,873       7,372,840
Shankh S. Mitra           152,146,697     1,151,204      333,047       7,372,840
David J. Neithercut       151,905,295     1,393,115      332,538       7,372,840
Rebecca Owen              152,459,305      842,746       328,897       7,372,840
Kristy M. Pipes           148,590,761     4,710,436      329,751       7,372,840
Avedick B. Poladian       148,543,975     4,803,617      283,356       7,372,840
John Reyes                151,799,827     1,556,009      275,112       7,372,840

Joseph D. Russell, Jr. 152,191,588 1,145,130 294,230 7,372,840 Tariq M. Shaukat 151,954,040 1,397,122 279,786 7,372,840 Ronald P. Spogli 147,990,953 5,357,873 282,122 7,372,840 Paul S. Williams 145,872,795 7,421,146 337,007 7,372,840

2. The shareholders approved the advisory vote to approve the compensation of

named executive officers as follows:





 Votes For    Votes Against   Abstain   Broker Non-Votes
150,785,791     2,506,867     338,290      7,372,840

3. The shareholders voted to hold future advisory votes to approve executive

compensation annually as follows:

Votes For 1 Year Votes For 2 Years Votes for 3 Years Abstain Broker Non-Votes


  149,449,001           95,918             3,802,692       283,337      7,372,840

After considering the voting results for this proposal, the Company's Board of Trustees determined to continue to hold the advisory vote on the compensation of the Company's named executive officers on an annual basis.

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4. The shareholders ratified the appointment of Ernst & Young LLP as the


    Company's independent registered public accounting firm for the fiscal year
    ending December 31, 2023 as follows:



 Votes For    Votes Against   Abstain   Broker Non-Votes
152,225,230     8,687,849     90,709           -

5. The shareholders did not approve the shareholder proposal requesting that the


    Company's Board of Trustees issue short- and long-term Scope 1-3 greenhouse
    gas reduction targets aligned with the Paris Agreement as follows:



Votes For    Votes Against   Abstain   Broker Non-Votes
53,062,151    99,813,029     755,768      7,372,840

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