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Investor Presentaiton

2 SmartStop's Opportunity in Canada SmartStop Self Storage ...The Smarter Way to Store! Self storage is a relatively new and bourgeoning product in Canada with utilization expected to increase going forward Canadian Market Leader Future Canadian Growth 93.5% Avg. Same-Store Occupancy in 3Q'23 $21.05/CAD$28.58 Same-Store RentPOF (1) in 3Q'23 Fifth Largest Owner in Canada Dedicated Canadian Website: Smartstop.ca Supply Ratio British Columbia Saskatchewan Alberta Manitoba Edmonton 2.3x 2.1x 2.3x Calgary Vancouver Supply Per Capita Ratio(2) U.S. National Top 25 U.S. MSA Avg. Selected Canadian CMAs Newfoundland and Labrador Ontario Québec Ottawa 1.6x 2.2x Prince Montreal 6.1x Edward Island Toronto 3.0x New Brunswick Nova Scotia 5.8x 2.3x Burlington, ONT Oakville, ONT Note: As of 9/30/23. (1). RentPOF defined as annualized rental revenue net of discounts & concessions, excluding late fees, administrative fees and parking income, divided by occupied square feet of storage. (2) Major Canadian city supply ratios per Colliers May 2021 Report. U.S. National and Top 25 U.S. MSA supply ratios provided in the 2023 Self Storage Almanac. Investor Presentation | 12
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