National Storage Affiliates Trust ("NSA" or the "Company") (NYSE:NSA) today announced the promotion of John Esbenshade to Chief Accounting Officer, from his previous role of Senior Vice President, Controller, effective January 1, 2025.

David Cramer, President and Chief Executive Officer, commented, "We are pleased to recognize John's significant contributions to NSA by elevating him to the role of Chief Accounting Officer. John has played an instrumental role in the evolution of our accounting team and platform, most notably in conjunction with the internalization of our Participating Regional Operator (PRO) structure."

Mr. Esbenshade has served as Senior Vice President, Controller since September 2022, and previously served as the company's Vice President, Controller starting when he joined the Company in March 2019. Prior to joining the Company, Mr. Esbenshade served as Vice President of Technical Accounting and Strategic Capital at Prologis (PLD), where he was employed from 2014 through 2019. Prior to that role, Mr. Esbenshade was employed in the audit practice of Deloitte from 2003 to 2014, most recently as a Senior Manager. Mr. Esbenshade is a certified public accountant and holds a Master of Science in Business Administration with an emphasis in accounting and a Bachelor of Science in Business Administration with an emphasis in finance from the Leeds School of Business at the University of Colorado Boulder. Mr. Esbenshade is also a member of the American Institute of Certified Public Accountants.

Upcoming Industry Conferences

NSA management is scheduled to participate in KeyBanc's Self Storage Investment Forum on January 9, 2025 in New York City and Citi's 2025 Global Property CEO Conference on March 3-5, 2025 in Hollywood, Florida.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States. As of September 30, 2024, the Company held ownership interests in and operated 1,070 self storage properties located in 42 states and Puerto Rico with approximately 70.0 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. For more information, please visit the Company's website at www.nsastorage.com. NSA is included in the MSCI US REIT Index (RMS/RMZ), the Russell 1000 Index of Companies and the S&P MidCap 400 Index.

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National Storage Affiliates Trust

Investor/Media Relations

George Hoglund, CFA

Vice President - Investor Relations

720.630.2160

ghoglund@nsareit.net