Company: NSA-PB
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001628280-25-015431
Chunk: 11

Company: National Storage Affiliates Trust
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 11
---
 succession, trustee orientation and continuing education, oversight of corporate responsibility initiatives, and the annual performance evaluation and review of our Board and committees. The Guidelines are available for viewing on the Investor Relations section of our website at www.nsastorage.com. We will also provide the Guidelines, free of charge, to shareholders who request it. Requests should be directed to our Investor Relations team at National Storage Affiliates Trust, 8400 East Prentice Avenue, 9th Floor, Greenwood Village, CO 80111.

#### GOVERNANCE HIGHLIGHTS
| ü |     | 8 of 11 trustee nominees are independent                                        |     | ü |     | Equity holders may amend bylaws                                                                                                                 |
| ü |     | Separate chair and CEO roles                                                    |     | ü |     | Majority voting in uncontested elections                                                                                                        |
| ü |     | Experienced and dedicated lead independent trustee                              |     | ü |     | Minimum equity ownership guidelines                                                                                                             |
| ü |     | No staggered Board; annual election of trustees                                 |     | ü |     | Active shareholder outreach program                                                                                                             |
| ü |     | Diversity of age, race, gender, tenure, skills and experience among trustees    |     | ü |     | No poison pill                                                                                                                                  |
| ü |     | Recovery policy for erroneously awarded executive incentive compensation        |     | ü |     | Prohibition against hedging the value of Company securities                                                                                     |
| ü |     | Majority of Audit Committee members are Audit Committee financial experts       |     | ü |     | Limitations on pledging of Company securities by NEOs and trustees                                                                              |
| ü |     | No excise tax gross-ups on payments made in connection with a change of control |     | ü |     | Opted out of Maryland's unsolicited takeover act (which we may not opt into without shareholder approval) and control share acquisition statute |

As a result of our opting out of Maryland's unsolicited takeover statute, we may not stagger the election of our trustees without shareholder approval.

TRUSTEE ATTENDANCE AT ANNUAL MEETINGS OF SHAREHOLDERS

Our policy is to encourage and promote the attendance by each trustee at all meetings of our shareholders. Nine of our then-current trustees attended the 2024 Annual Meeting. We currently believe that all of our trustee nominees intend to attend the upcoming Annual Meeting.

#### EXECUTIVE SESSIONS OF INDEPENDENT TRUSTEES
The independent trustees meet in executive sessions at least four times per year