On February 25, 2021, the Board of Trustees (the "Board") of National Storage Affiliates Trust increased the size of the Board from ten trustees to eleven trustees and elected Mr. Charles F. Wu, 64, to serve as a member of the Board, effective February 25, 2021. In addition, the Board appointed Mr. Wu to serve on its audit committee beginning on, and subject to, Mr. Wu’s reelection to the Board at the Company’s 2021 annual shareholder meeting .