CubeSmart Investor Presentation Deck

Best-In-Class Portfolio Sector-leading demographics produce a strong demand profile for the portfolio 100% 75% 50% 25% 0% 200 150 100 50 0 74% CUBE CUBE % of Assets in Top 25 MSAs¹ 15 CUBESMART 68% PSA Average 3-mile Population (000's)² 62% PSA EXR EXR 55% LSI LSI $84 $80 $76 $72 Focus on expanding our presence in strong demographic markets continues to enhance the quality of the portfolio 1. Source: Bank of America Merrill Lynch Research Report dated January 9, 2019 2. Source: Evercore ISI Research Report dated November 13, 2019 Median Houshold Incomes (000's)² CUBE PSA EXR LSI

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