On March 22, 2023, Public Storage announced that it has received a shareholder proposal from As You Sow which it filed on behalf of Longview Largecap 500 Index Fund and Handlery Hotels Inc., requesting the Company Board to issue short and long-term Scope 1-3 greenhouse gas reduction targets aligned with the Paris Agreement’s 1.5°C goal requiring Net zero emissions by 2050. In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on May 2, 2023.