(Oslo, Jan 27th 2023) Self Storage Group ASA (Self Storage-Group, OSE:SSG) has
entered into an agreement to acquire a property in Agnesfridsvägen 185 in Malmö,
Sweden. The transaction has a value of SEK 13,5 million and the property has a
potential lettable area of 1200 square meters. The facility is projected to open
in Q4 2023 and will be operated under the City Self-Storage brand.

"We are pleased to announce this acquisition in the 3rd largest city in Sweden.
The Malmö facility will be the 2nd SSG freehold facility and our 7[th] facility
in Sweden. This acquisition is in line with our strategy to grow organically in
the Swedish market. The property has a central location in Fosie in Malmö, with
easy access from main roads" says Fabian Søbak, Chief Executive Officer of Self
Storage Group.

Self Storage Group ASA engages in the business of renting out self-storage units
to both private individuals and businesses through the two concepts; OK
Minilager and City Self-Storage. The company is one of the leading self-storage
providers in Scandinavia with a particularly strong position in the Norwegian
market. Self Storage Group operates 131 facilities across Scandinavia with a
current lettable area of 182 600 square meters as of Q3 2022.

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© Oslo Bors ASA, source Oslo Stock Exchange