Investor Presentaiton

10 SMARTSTOP JV PROJECTS Over 9,100 units and 1.2 million sf across all 10 properties Open and in lease-up: . Dupont St.: Opened fall 2019 Partnership Update Under construction: • • Laird Drive: Opening Spring 2020 Brampton: Opening Fall 2020 Vaughan: Opening Winter 2020 SmartStop Self Storage SITE ENTRANCE NO UNAUTHORIZED PERSONNEL PERMITTED ON SITE SmartStop Self Storage • Oshawa, Scarborough, and a second Brampton location New development projects: • Aurora, Markham and Whitby BAHW SMARTCENTRES SMARTCENTRES REIT | Q4 2019 INVESTOR PRESENTATION LAIRD DR 9 DUPONT ST A 20

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