Planning Update

9 July 2024

Big Yellow Group PLC

("Big Yellow", "the Group" or "the Company")

Planning Update

Big Yellow announces that that it has been granted planning by appeal for a 68,400 sq ft store in Kentish Town, London.

It is expected that construction will commence in the early part of next year, with the store to open in 2026.

Jim Gibson, CEO, commented:

"This will be the first purpose-built self storage centre in the London Borough of Camden which has a population of approximately 220,000. Acquiring sites and securing planning in densely populated inner London is formidably difficult and so it is pleasing to have succeeded."

Enquiries:

Nicholas Vetch CBE, Executive Chairman                                        01276 477811

Jim Gibson, Chief Executive Officer                                                 01276 477811

John Trotman, Chief Financial Officer                                               01276 477811

Powerscourt                                                                                       020 7250 1446

Ben Foster