The Directors of Lok'nStore Group Plc are proposing a final dividend of 13.25 pence per share an increase of 8.2% (2022: 12.25 pence) following the interim dividend payment of 5.75 pence per share in June 2023, bringing the total distribution for the year to 19 pence per share, an increase of 1.75 pence per share up 10.1% (2022: 17.25 pence per share) and twelfth year of increase in a row. Subject to approval at the Company's AGM on 7 December 2023 the final dividend will be paid on 5January 2024to shareholders on the register on 24 November 2023. The ex-dividend date will be 23 November 2023.

The final deadline for Dividend Reinvestment Election by investors is 8 December 2023.