CubeSmart Investor Presentation Deck

2020 Highlights Executing on strategic objectives Organic Growth¹ 0.8% Revenue Growth 0.1% NOI Growth +2.4% Expense Growth 70.1% NOI Margin 28 CUBESMART External Growth² $735.9 million acquisitions Added 168 management contracts $45.9 million development openings 1. Same-store results for the year ending December 31, 2020 2. For the year ended December 31, 2020 Financing $450 million of 2.00% unsecured senior notes issued in Oct 2020 3.6 million shares issued under the ATM² CUBESMART self storage 800-800-1717

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