CubeSmart Investor Presentation Deck

Recent 2020 Highlights Executing on strategic objectives Organic Growth¹ -0.1% Revenue Growth -1.6% NOI Growth +3.5% Expense Growth 69.5% NOI Margin 30 CUBESMART External Growth² $74.7 million acquisitions² $643.9 million acquisitions under contract³ Added 130 management contracts² 1. Same-store results for the period from January 1, 2020 through September 30, 2020 2. For the period from January 1, 2020 through September 30, 2020 3. 4. Financing $450 million of 2.00% unsecured senior notes issued in Oct 2020 $712.0 million remaining capacity on revolver4 CUBESMART self storage 800-800-1717 As of the date of our earnings release, November 5, 2020 As of September 30, 2020

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