Exhibit 3.1
PUBLIC STORAGE
ARTICLES SUPPLEMENTARY
PUBLIC STORAGE, a Maryland real estate investment trust (the “Trust”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:
FIRST: Under a power contained in Article VI of the articles of amendment and restatement of the Trust’s declaration of trust (the “Declaration of Trust”), the Board of Trustees, by duly adopted resolutions, reclassified and designated all of the authorized (but currently unissued) shares of (a) 6.125% Cumulative Preferred Shares, Series A, $0.01 par value per share, (b) 7.125% Cumulative Preferred Shares, Series B, $0.01 par value per share, (c) 6.600% Cumulative Preferred Shares, Series C, $0.01 par value per share, (d) 6.180% Cumulative Preferred Shares, Series D, $0.01 par value per share, (e) 6.750% Cumulative Preferred Shares, Series E, $0.01 par value per share, (f) 6.450% Cumulative Preferred Shares, Series F, $0.01 par value per share, (g) 7.000% Cumulative Preferred Shares, Series G, $0.01 par value per share, (h) 6.950% Cumulative Preferred Shares, Series H, $0.01 par value per share, (i) 7.250% Cumulative Preferred Shares, Series I, $0.01 par value per share, (j) 7.250 % Cumulative Preferred Shares, Series J, $0.01 par value per share, (k) 7.250% Cumulative Preferred Shares, Series K, $0.01 par value per share, (l) 6.750% Cumulative Preferred Shares, Series L, $0.01 par value per share, (m) 6.625% Cumulative Preferred Shares, Series M, $0.01 par value per share, (n) 6.400% Cumulative Preferred Shares, Series NN, $0.01 par value per share, (o) 7.500% Cumulative Preferred Shares, Series V, $0.01 par value per share, (p) 6.500% Cumulative Preferred Shares, Series W, $0.01 par value per share, (q) 6.450% Cumulative Preferred Shares, Series X, $0.01 par value per share, (r) 6.850% Cumulative Preferred Shares, Series Y, $0.01 par value per share, (s) 6.250% Cumulative Preferred Shares, Series Z, $0.01 par value per share, (t) 7.00% Cumulative Preferred Shares, Series N, $0.01 par value per share, (u) 6.875% Cumulative Preferred Shares, Series O, $0.01 par value per share, (v) 6.5% Cumulative Preferred Shares, Series P, $0.01 par value per share, (w) 6.5% Cumulative Preferred Shares, Series Q, $0.01 par value per share, (x) 6.35% Cumulative Preferred Shares, Series R, $0.01 par value per share, (y) 5.90% Cumulative Preferred Shares, Series S, $0.01 par value per share, (z) 5.750% Cumulative Preferred Shares, Series T, $0.01 par value per share, (aa) 5.625% Cumulative Preferred Shares, Series U, $0.01 par value per share, (bb) 5.375% Cumulative Preferred Shares, Series V, $0.01 par value per share, (cc) 5.20% Cumulative Preferred Shares, Series W, $0.01 par value per share, (dd) 5.20% Cumulative Preferred Shares, Series X, $0.01 par value per share, (ee) 6.375% Cumulative Preferred Shares, Series Y, $0.01 par value per share, (ff) 6.00% Cumulative Preferred Shares, Series Z, $0.01 par value per share, (gg) 5.875% Cumulative Preferred Shares, Series A, $0.01 par value per share, (hh) 5.40% Cumulative Preferred Shares, Series B, $0.01 par value per share, (ii) 5.125% Cumulative Preferred Shares, Series C, $0.01 par value per share, (jj) 4.95% Cumulative Preferred Shares, Series D, $0.01 par value per share, and (kk) 4.90% Cumulative Preferred Shares, Series E, $0.01 par value per share (such series collectively, the “Redeemed Preferred Shares”), as preferred shares of beneficial interest, $0.01 par value per share, with the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption as set forth in the Declaration of Trust.
SECOND: Under a power contained in Article VI of the Declaration of Trust, the Board of Trustees, by duly adopted resolutions, reclassified and designated all of the authorized (but currently unissued) shares of (a) Equity Shares, Series A, $0.01 par value per share (the “Series A Equity Shares”) and (b) Equity Shares, Series AAA, $0.01 par value per share (the “Series AAA Equity Shares”), as equity shares of beneficial interest, $0.01 par value per share, with the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption as set forth in the Declaration of Trust.
