Company: NSA-PB
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001628280-25-015431
Chunk: 25

Company: National Storage Affiliates Trust
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 25
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 longer-term equity-based pay tied to continued employment and, for the performance-based amounts, to achievement of specified goals. In 2024, approximately 80% of our CEO’s annualized target pay and more than 70% of our other NEOs’ annualized average target pay was at risk.

We believe this combination of short- and long-term and stable and variable pay promotes an appropriate balancing of steady and near-term operational and risk management initiatives with a creative and energetic focus on sustainable and exceptional best-in-class customer service, human capital and asset management, and value creation.

#### SALARY
Base salaries are reviewed annually by our CNCG Committee and may be adjusted to better match competitive market levels or to recognize a NEO's professional growth, development, and increased responsibility. The table below summarizes the 2024 and 2023 base salary for each NEO and the corresponding percentage change against the prior year:

| Executive             |     | Base Salary 
 2024        |         |     | 2023(1) |         |     | Change |
|:----------------------|:----|:------------|--------:|:----|:--------|--------:|:----|:-------|
| Tamara D. Fischer     |     | $           | 300,000 |     | $       | 300,000 |     | 0%     |
| David G. Cramer       |     |             | 675,000 |     |         | 600,000 |     | 13%    |
| Brandon S. Togashi    |     |             | 495,000 |     |         | 475,000 |     | 4%     |
| William S. Cowan, Jr. |     |             | 536,025 |     |         | 525,000 |     | 2%     |
| Tiffany S. Kenyon     |     |             | 342,500 |     |         | 325,000 |     | 5%     |

(1) Reflects the annualized base salaries for 2023 for Messrs. Cramer and Cowan and Ms. Fischer. The 2023 salaries for Mr. Cramer and Ms. Fischer became effective as of April 1, 2023 and for Mr. Cowan became effective upon his appointment as executive vice president and chief strategy officer on May 31, 2023. For the actual salaries received in 2023 for Messrs. Cramer and Cowan and