UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37351 National Storage Affiliates Trust (Exact name of Registrant as specified in its charter) Maryland 46-5053858 (State or other jur ...

National Storage Affiliates Trust (NYSE:NSA) Q2 2022 Earnings Conference Call August 4, 2022 1:00 PM ET Company Participants George Hoglund - Vice President of Investor Relations Tamara Fischer - President, Chief Executive Officer & Trustee Dave Cramer - Executive Vice President, Chief Operating Officer & Member of Pro Advisory Committee Brandon Togashi - Executive Vice President, Chief Financial Officer, Chief Accounting Officer & Treasurer Conference Call Participants Samir Khanal - Evercore ISI Ki Bin Ki ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37351 National Storage Affiliates Trust (Exact name of Registrant as specified in its charter) Maryland 46-5053858 (State or other jurisdic ...

National Storage Affiliates Company Update June 2022 Forward-Looking Statements and Non-GAAP Financial Measures FORWARD-LOOKING STATEMENTS: We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "conti ...

National Storage Affiliates Company Update May 2022 Forward-Looking Statements and Non-GAAP Financial Measures FORWARD-LOOKING STATEMENTS: We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "contin ...

National Storage Affiliates Company Update May 2022 Forward-Looking Statements and Non-GAAP Financial Measures FORWARD-LOOKING STATEMENTS: We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "contin ...

Financial Data and Key Metrics Changes - Core FFO per share for Q1 2022 was reported at $0.68, representing a 39% increase year-over-year [20] - Same-store NOI increased by 22.2% in Q1 2022, driven by a 16.6% revenue increase and a 3.1% increase in property operating expenses [21] - Full-year 2022 guidance was updated to core FFO per share of $2.80 to $2.85, reflecting a 4% increase from previous guidance and 25% growth over the prior year [23] Business Line Data and Key Metrics Changes - Same-store occupancy averaged 94.7% during Q1 2022, an increase of 250 basis points compared to the previous year [21] - Street rates averaged 22% higher in Q1 2022 compared to the same period last year [16] - Rent roll-up remained positive at about 1% in Q1, increasing to slightly above 5% by the end of April [16] Market Data and Key Metrics Changes - The percentage of stores with new competitors within a 3- and 5-mile radius decreased to 27% and 45%, respectively [18] - Rising interest rates and inflation are driving up construction costs, further restraining new supply in the market [17] Company Strategy and Development Direction - The company plans to slow down acquisition volume in 2022 to focus on digesting the $2.2 billion of assets acquired in the previous year [11] - The company is integrating Northwest Self Storage assets into its corporate managed portfolio, which is expected to enhance growth [12] - The company continues to engage with high-quality private operators for potential partnerships, although no immediate changes are expected due to the current rate environment [63] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the self-storage sector's resilience, noting that fundamentals remain strong and demand is durable [60] - The company has not experienced significant pushback from customers regarding rate increases, indicating effective revenue management strategies [29] - Management acknowledged the potential impact of rising interest rates on new supply but remains optimistic about the overall market dynamics [39] Other Important Information - The company issued $17 million of OP equity during the quarter and closed a $125 million tranche of a private placement [24] - Kroll Bond Rating Agency upgraded the credit rating of the operating partnership to BBB+ from BBB flat, reflecting a conservative balance sheet [24] Q&A Session Summary Question: What changed to raise NOI guidance significantly? - Management indicated that Q1 performance exceeded expectations, leading to increased confidence in the remainder of the year [28] Question: Is there any pushback from customers regarding rate increases? - Management reported minimal pushback, with high occupancy levels and effective revenue management strategies [29] Question: How is occupancy expected to trend for the remainder of the year? - Management anticipates a seasonal spike in occupancy during summer months, followed by a normal seasonal pattern [31] Question: Are there concerns about inflation impacting rent increases? - Management does not foresee significant concerns regarding inflation, as self-storage remains an affordable option for consumers [35] Question: What is the impact of rising interest rates on new supply? - Management noted that rising interest rates are putting pressure on new supply, with fewer projects being approved and completed [39] Question: How are the recent acquisitions performing relative to expectations? - Acquired assets are performing 5% to 10% above initial underwriting expectations, contributing to revised guidance [49]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR (I.R.S. Employer Identification No.) 8400 East Prentice Avenue, 9th Floor Greenwood Village, Colorado 80111 (Address of principal executive offices) (Zip code) (720) 630-2600 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37351 National Storage Affiliates Trust (Exact name of Registrant as specified in its charter) Maryland 46-5053858 (State or other jurisdiction ...

National Storage Affiliates Trust (NYSE:NSA) Q4 2021 Earnings Conference Call February 22, 2022 1:00 PM ET Company Participants George Hoglund - IR Tamara Fischer - CEO Dave Cramer - COO Brandon Togashi - CFO Conference Call Participants Elvis Rodriguez - Bank of America Securities Neil Malkin - Capital One Todd Thomas - KeyBanc Capital Markets Smedes Rose - Citi Kevin Stein - Stifel Samir Khanal - Evercore Ki Bin Kim - Truist Ronald Kamdem - Morgan Stanley Wes Golladay - Baird Neil Malkin - Capital One Ope ...