Tamara H. Gustavson

Ms. Gustavson has served as a trustee of the company since August 2016. Ms. Gustavson previously served as the Chairman from May 2019 to May 2020 and as a member of the Human Capital and Compensation Committee from May 2021 to May 2022. She is also a real estate investor and philanthropist and has been a member of the Public Storage Board since November 2008. She was previously employed by Public Storage from 1983 to 2003, serving most recently as Senior Vice President – Administration. During the past six years, Ms. Gustavson has been supervising her personal business investments and engaged in charitable activities. Ms. Gustavson also serves on the Board of Trustees of the William Lawrence and Blanche Hughes Foundation and the Board of Trustees of the University of Southern California. Ms. Gustavson is the largest individual shareholder and a member of the family of B. Wayne Hughes (the Hughes Family) that collectively owns approximately 25% of the Company’s outstanding common shares and units of its operating partnership.