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Public Storage Discloses Investor Presentation on Operating Update

| 8-K

Summary

Public Storage disclosed on December 8, 2025, an investor presentation intended for an upcoming investor conference. The presentation included an operating update for facilities managed by the company, showing changes in contract rents, promotional discounts, and occupancy rates for the two and eleven months ended November 30, 2025. The company also noted facility acquisitions totaling 6.1 million net rentable square feet for $949.4 million since the beginning of the year.

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