PSA: Other company developments

Item 8.01 Other Events Subsequent to the Annual Meeting, the Board of Trustees approved the following committee assignments, effective May 6, 2026: Audit Committee Compensation and Human Capital Committee Nominating, Governance and Sustainability Committee Luke Petherbridge (Chair) Avedick B. Poladian (Chair) Kristy M. Pipes (Chair) Maria R. Hawthorne Rebecca Owen Maria R. Hawthorne Kristy M. Pipes Ronald P. Spogli Rebecca Owen Avedick B. Poladian Paul S. Williams Paul S. Williams Tariq M. Shaukat Additionally, the Board of Trustees re-appointed Mr. Mitra to serve as the Chairman of the Board of Trustees. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PUBLIC STORAGE /s/ Nathaniel A. Vitan Nathaniel A. Vitan Date: May 11, 2026 Chief Legal Officer & Corporate Secretary