On February 23, 2023, J. Timothy Warren, a member of the board of trustees of National Storage Affiliates Trust, informed the Board that he will not be standing for re-election to the Board at the Company's next annual meeting of shareholders. Mr. Warren has been a trustee since 2019. Mr. Warren's decision to not stand for re-election to the Board was not the result of any dispute or disagreements with the Company on any matter relating to the Company's operations, policies or practices.