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CubeSmart Investor Presentation Deck

Operational Performance Strong fundamentals provide strong outlook for future growth 25,000 20,000 15,000 10,000 5,000 98.0% 96.0% 94.0% 92.0% 90.0% 88.0% Same-Store Rentals¹ II Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2022 2023 Same-Store Occupancy¹ 91.4% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec -2021 -2022 -2023 1. Results for the 2023 Same-Store pool 2 Same-store results for the year ended December 31, 2022 30,000 20,000 10,000 Same-Store Vacates¹ ………..……. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ■2022 2023 2022 Same-Store Results² 12.7% Revenue growth 3.0% Expense growth 16.7% NOI Growth 28
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