CubeSmart Investor Presentation Deck slide image

CubeSmart Investor Presentation Deck

CubeSmart's History Focused strategic execution driving meaningful growth Arrival of current management team 2006 U-STORE.IT U-Store-It Initial Public Offering 2004 Enterprise Value¹: $1.0 billion 2004 4 CUBESMART Moved headquarters to suburban Philadelphia 2008 Began capital recycling program to improve portfolio quality 2007 CUBESMART Rebranded company as CubeSmart 2011 Acquired United Stor-All to establish 3rd Party Management platform 2010 Received Investment Grade credit rating from Moody's and S&P 2011 Acquired 22 property Storage Deluxe portfolio, primarily in NYC, for $560 million 2011 1. Market value of common equity and book value of debt as of October 22, 2004 2. Market value of common equity and book value of debt as of June 30, 2021 Enterprise Value²: $11.9 billion Grew the portfolio by over $2.5 billion through acquisitions and developments 2015-2020 WINNER ISS SELF-STORAGE 2012 BEST OF BUSINESS BEST CUSTOMER SERVICE Won 1st ISS industry award for Best Customer Service 2012 Opened 1,000th CubeSmart branded location 2018 2021
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