

| PUBLIC STORAGE | 25/04/2016 AGM | |
|---|---|---|
| 1.01 | Elect Ronald L. Havner Jr. | Oppose |
| 1.02 | Elect Tamara Hughes Gustavson | Oppose |
| 1.03 | Elect Uri P. Harkham | Oppose |
| 1.04 | Elect B. Wayne Hughes Jr. | Oppose |
| 1.05 | Elect Avedick B. Poladian | For |
| 1.06 | Elect Gary E. Pruitt | Oppose |
| 1.07 | Elect Ronald P. Spogli | For |
| 1.08 | Elect Daniel C. Staton | Oppose |
| 2 | Advisory vote on executive compensation | Oppose |
| 3 | Appoint the auditors | Oppose |
| 4 | Approve the 2016 Equity and Performance-Based Incentive Compensation Plan | Oppose |