Shurgard Self Storage S A : obtains a building permit in Amsterdam region

FOR IMMEDIATE RELEASE

August 16, 2022

Shurgard Self Storage SA

("Shurgard")

Shurgard obtains a building permit for a self-storage property in Amsterdam region

LUXEMBOURG - Shurgard, the largest developer, owner and operator of self-storage centers in Europe - has received a building permit for a new storage facility in Diemen Visseringweg (Amsterdam region, Randstad, the Netherlands).

The new c.4,000 sqm building will offer over 550 self-storage units to the nearby residential areas and business customers. It is set to open in the first half of 2023.

Shurgard has another three properties in its organic development pipeline in the Netherlands - with two openings expected in 2022 and the other one in 2023.

After the successful completion of these four projects, Shurgard will be offering self storage in 66 properties in the Netherlands, reinforcing its number-one position in the country.

About Shurgard

Shurgard is the largest provider of self storage in Europe. The company owns and/or operates 257 self-storage centers and approximately 1.3 million net rentable square meters in seven countries: France, the Netherlands, Sweden, the United Kingdom, Germany, Belgium and Denmark.

Shurgard's European network currently serves 180,000 customers and employs approximately 750 people. Shurgard is listed on Euronext Brussels under the symbol "SHUR".

For more information: shurgard.com/corporateshurgard.comshurgard.com/nl-nl/blogwww.facebook.com/shurgardselfstorage

Contact

Caroline Thirifay, Director of Investor Relations, Shurgard Self Storage SA

Email: [e-mail]

M: [phone]

Isabel Neumann, Chief Investment Officer, Shurgard Self Storage SA

Email: [e-mail]

M: [phone]

Nathalie Verbeeck, Citigate Dewe Rogerson

Email: [e-mail]

M: [phone]