Cubesmart · NYSE:CUBE
Cubesmart — Investor Presentation (September 2026)
27 slides from Cubesmart's investor presentation, September 2026
Slide 1: Investor Presentation September 2026
September 2026 Investor Presentation
Slide 2: Safe Harbor Statement; Use of Non-GAAP Financial Measures
Safe Harbor Statement The forward-looking statements contained in this presentation are subject to various risks and known and unknown uncertainties. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, there can be no assur
Slide 3: Introduction to CubeSmart
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Introduction to CubeSmart A high-quality portfolio in an attractive industry with proven returns 50% 31% 48.5M 5-year growth in 5-year total
Slide 4: Why CubeSmart?
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Why CubeSmart? A company built to perform throughout all phases of the cycle Attractive Industry Well-diversified demand characteristics crea
Slide 5: Strong Corporate Governance
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Strong Corporate Governance Supporting the long-term interests of all shareholders Board Practices Governance The Board is composed of nine
Slide 6: A History of Growth
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance A History of Growth Consistent execution on strategic objectives Acquired 22-store Acquired 59-store Acquired remaining U-Store-It Acquired U
Slide 7: Quality-Driven Value Creation Strategy
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Quality-Driven Value Creation Strategy Focus on quality throughout the platform Quality Platform Sophisticated, fully integrated platform foc
Slide 8: Attractive Industry Dynamics
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Attractive Industry Dynamics Strong sector fundamentals generate outsized long-term returns Dynamic Demand Wide range of needs drives demand
Slide 9: Industry Backdrop
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Industry Backdrop Current industry backdrop sets the stage for long-term future growth Fragmentation Fragmented ownership creates further opp
Slide 10: Diversified Portfolio in Quality Markets
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Diversified Portfolio in Quality Markets National platform focused in core markets drives long-term value Primary Markets Owned portfolio pre
Slide 11: Industry-Leading Demographics Generate Long-Term Value
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Industry-Leading Demographics Generate Long-Term Value Quality market focus creates a strong demand backdrop and cash flow stability Strong D
Slide 12: New York City Market Leader
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance New York City Market Leader Competitive advantage in the largest market is a key component of our long-term strategy Bronx Best-In Class Port
Slide 13: Sophisticated Operating Platform Drives Efficiencies
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Sophisticated Operating Platform Drives Efficiencies Foundation of propriety solutions creates flexibility for the future Technological Platf
Slide 14: Optimization Throughout the Customer Journey
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Optimization Throughout the Customer Journey Thoughtful enhancements across all touchpoints for a fully integrated experience Research Reserv
Slide 15: Focus on Efficient Operations
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Focus on Efficient Operations Sector-leading expense control against an inflationary backdrop 6.0% Average Same-Store Expense Growth1 5.0% +1
Slide 16: Multi-Faceted External Growth Strategy Creates Long-Term Value
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Multi-Faceted External Growth Strategy Creates Long-Term Value Building our portfolio through strategic investment and growth High-Quality Ac
Slide 17: Robust Portfolio Growth
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Robust Portfolio Growth Strategically increasing the size of the platform Multi-faceted growth strategy, leveraging all 1800 avenues to enhan
Slide 18: Accretive Acquisitions Create Long-Term Value
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Accretive Acquisitions Create Long-Term Value Disciplined investment strategy to prudently build our portfolio $6.2B Strong Demographics Focu
Slide 19: Strategic Joint Ventures Complement our Growth Strategy
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Strategic Joint Ventures Complement our Growth Strategy Opportunistic investment with partners adds value to our portfolio strategy Strong Re
Slide 20: Targeted Development Creates Long-Term Value
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Targeted Development Creates Long-Term Value Enhancing our portfolio in select markets with flagship properties Partner with Local Developers
Slide 21: Third Party Management Generates Additional Growth
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Third Party Management Generates Additional Growth Mutually beneficial relationships create long-term value for our shareholders Enhanced Pro
Slide 22: Disciplined Balance Sheet Strategy
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Disciplined Balance Sheet Strategy Ensuring stability while funding growth Investment-grade balance sheet, with well-staggered maturities and
Slide 23: 2026 Financial Highlights
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance 2026 Financial Highlights Year-to-date Results1 2026 Highlights Full Year Outlook2 0.7% $13.6M Same-Store Acquisitions in Joint Established
Slide 24: Same-Store Operational Update
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Same-Store Operational Update Year-to-date performance as of August 31st Same-Store Rentals1 Same-Store Vacates1 30,000 30,000 25,000 25,000
Slide 25: Consistent Earnings Outperformance
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Consistent Earnings Outperformance FFO per share growth above the sector average over the past three years Consistent outperformance FFO, as
Slide 26: Long-Term Cash Flow Growth
CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Long-Term Cash Flow Growth A consistent history of sharing our growth with our shareholders FFO, as adjusted, per share Annual Dividend per S
Slide 27: Why CubeSmart?
Why CubeSmart? A company built to perform throughout all phases of the cycle Attractive Industry Well-diversified demand characteristics create strong industry fundamentals High Quality Portfolio Growing the platform through high-quality investments creating industry- leading portfolio demographics