National Storage REIT advised that Mr. Laurence Brindle has made the decision to retire from the board as Chairman and non-executive director, effective immediately. Laurence has fulfilled the role of Chairman of NSR and its subsidiaries since its IPO in December 2013 and has performed the role magnificently. Mr. Anthony Keane, a non-executive director, will assume the role of Chairman of NSR, effective immediately.

With the appointment of Mr. Keane as Chairman of the board, Mr. Howard Brenchley, non- executive director, will assume the role of Chair of both the Audit and Risk Committees and non-executive director, Mr. Steven Leigh, will assume the role of Chair of the Nomination Committee and remains the Chair of the Remuneration Committee.