CubeSmart Investor Presentation Deck

Operational Strength Drives Results Proven track record of execution, generating meaningful growth Building a strong operational platform on a foundation of sophisticated marketing, revenue management, and customer service has generated outperformance against sector averages across key metrics and driven incremental growth 13 CUBESMART Same-Store Revenue Growth 3.5% CUBE 5 Year Outperformance¹ 0.3% CUBE 2.9% Same-Store Margin Growth Storage Avg 0.1% Storage Avg Same-Store NOI Growth 4.0% CUBE 10.3% 3.1% FFO, as adjusted Growth CUBE Storage Avg 6.2% Storage Avg 1. Reported average full-year metrics for the other three largest publicly-traded storage REITs by market cap from January 1, 2016 through December 31, 2020

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