SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company"), a self-managed and fully integrated self-storage company, is thrilled to announce the acquisition of its 200th owned or managed property, a significant milestone capping a period of remarkable growth since 2015.

Through strategic expansion, SmartStop has solidified its position as the 10th largest self-storage company in the United States and the largest owner and operator in the Greater Toronto Area of Canada. This remarkable achievement is a testament to the company's unwavering commitment to providing exceptional self-storage solutions and delivering superior customer service.

Recognized for its excellence, SmartStop has garnered numerous accolades, including distinctions from Newsweek/Statista and Reputation 800 for outstanding customer service. The SEIA (Solar Energy Industries Association) and American Business Awards have recognized the company's dedication to sustainability for its solar power initiatives. Additionally, The Orange County Register has repeatedly honored SmartStop's corporate headquarters as a Top Workplace.

“As we celebrate this monumental milestone, we also look to the future with excitement. SmartStop's continued success, reflected in the acquisition of our 200th owned or managed property, is a testament to the dedication of our team, the contributions of our partners, and the support of our customers and communities,” shared H. Michael Schwartz, Chairman and CEO. “We are humbled by this success and are eager to bring our passion for innovative storage solutions to even more locations in the U.S. and Canada.”

With a growing portfolio spanning 22 states and four Canadian provinces, SmartStop remains steadfast in its mission to provide accessible, secure, and customer-centric self-storage solutions.

About SmartStop Self Storage REIT, Inc. (SmartStop):

SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 500 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of July 31, 2024, SmartStop has an owned or managed portfolio of 200 operating properties in 22 states and Canada, comprising approximately 141,000 units and 16.0 million rentable square feet. SmartStop and its affiliates own or manage 35 operating self-storage properties in Canada, which total approximately 30,700 units and 3.2 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.

David Corak VP of Corporate Finance SmartStop Self Storage REIT, Inc. IR@smartstop.com