Storagevault Canada Inc. · TSX:SVI
Storagevault Canada — Q4 2025 Earnings Presentation
25 slides from Storagevault Canada's earnings presentation, Feb 12, 2026
Slide 1: Q4 2025 Investor Presentation
Q4 2025 INVESTOR PRESENTATION FEBRUARY 12, 2026
Slide 2: StorageVault Overview
STORAGEVAULT OVERVIEW Overview SVI currently owns 232 locations with over 13.2 million sq ft of rentable storage space with 115,785 units on over 768 acres across Canada and over 1.5 million sq ft of expansion potential within these locations SVI’s largest shareholder is Access Self Storage Inc.
Slide 3: SVI Investment Highlights
SVI INVESTMENT HIGHLIGHTS A growing, unique combination of value and growth, cash flowing business, requiring minimal capital expenditures while providing strong FFO Over $2.53B in accretive acquisitions since April 2015. Over $1B in transactions announced and/or completed in the last 6 years -
Slide 4: Industry Overview
INDUSTRY OVERVIEW Investor Presentation
Slide 5: Industry Overview
INDUSTRY OVERVIEW Industry Overview Storage is the top performing real estate asset class in the US over the past 10, 15, 20 and 25 year periods(1) and in Canada over the last 10 years Bargaining Power of Suppliers: Very Low – historically almost non- existent Demand is driven by population gr
Slide 6: Top Operators
INDUSTRY OVERVIEW Top Operators Canada CompanyA Ticker Stores StorageVault SVI 265 StorageMart - 71 Public Storage - 67 Mini Mall Storage - 65 Apple Storage - 54 U.S. CompanyA Ticker Stores Extra Space Storage EXR 4,011 Public Storage PSA 3,399 CubeSmart CUBE 1,578 U-Haul UHAL 1,800 National Storage
Slide 7: Industry Dynamics
INDUSTRY OVERVIEW Industry Dynamics The superior performance of the storage industry has been the result of the following factors: Bargaining Power of Buyers: Very Low – small $ purchase, high switching costs Bargaining Power of Suppliers: Very Low – historically almost non- existent Intensity
Slide 8: Why will this superior performance continue?
INDUSTRY OVERVIEW Why will this superior performance continue? • Canadian population continues to grow – it is now projected to be 100 million by 2100 Average condo/apartment size continues to shrink Canadians continue to acquire more “stuff” The USA has an average of 8.3 sq ft of storage per
Slide 9: Consistent Performance
Consistent Performance INDUSTRY OVERVIEW Self storage has delivered the highest ROI and lowest volatility of any REIT sector Since 1994, self storage REIT returns have outperformed all other equity REIT sectors while experiencing the least volatility The industry is expected to continue to generat
Slide 10: Canadian Population Growth 2010-2100
INDUSTRY OVERVIEW Canadian Population Growth 2010-2100 Canadian population projected to grow to 100M by 2100 Population (Millions) 100.0 Projection 100 million 90.0 High Growth 80.0 83 million 70.0 Conservative 60.0 Growth 63 million 50.0 40.0 30.0 Note: Statistics Canada 2015 2025 2035 2045 2055 20
Slide 11: SVI Overview
SVI OVERVIEW Investor Presentation
Slide 12: Current Portfolio Details
SVI OVERVIEW Current Portfolio Details 232 stores owned and 33 managed totalling 265 stores Over 13.2 million sq ft of rentable storage space 115,785 units Over 768 acres across Canada Over 1.5 million sq ft in expansion potential – completed 125,000 square feet in expansions in 2025 with
Slide 13: 265+ locations
SVI OVERVIEW 265+ locations owned and managed across Canada and growing! 44 28 21 12 15 138 7 Investor Presentation 13
Slide 14: Financial Performance
SVI OVERVIEW Financial Performance SVI has experienced rapid store growth, more than 84X its asset base since 2014 Stores require very little capital expenditure Annual maintenance capex represents 4% to 5% of revenues with less than 1% being capitalized Store Count, NOI and AFFO Growth Number
Slide 15: Share Price Performance
Share Price Performance SVI OVERVIEW 8.00 7.75 31-Dec-21 Closed on $270M in 7.50 acquisitions in 2021 7.25 7.00 6.75 09-Jan-2023 6.50 Closed on $150M bought offering 6.25 debenture 6.00 5.75 5.50 20-July-20 5.25 Closed on $75M 19-July-21 5.00 bought offering Closed on $75M 04-Jan-22 Share price reac
Slide 16: Capital Structure & Shareholders
Capital Structure & Shareholders SVI OVERVIEW MAJOR Shareholders Shares % of Basic SHAREHOLDERS Access Self Storage Inc. 137.847MM 37.62% Capital Research & Management Co. (World Investors) 17.251MM 4.71% 1934255 Ontario Inc. (50% owned by Access Storage) 16.2MM 4.16% T. Rowe Price International Ltd
Slide 17: Corporate Governance - Acquisitions
SVI OVERVIEW Corporate Governance - Acquisitions SVI purchases assets from related parties, in particular, from Access Storage. To govern such potential related party transactions the Corporation has established an Acquisition Committee and developed an Acquisition Committee Mandate The Acquisit
Slide 18: Why storage is a smart place to invest
SVI OVERVIEW Why storage is a smart place to invest Business is driven by population growth - Canadian population is now projected to grow from 36 million to over 100 million by 2100 – and change in circumstances Average house and apartment sizes continue to shrink Since 2015, SVI completed ha
Slide 19: Appendices
APPENDICES Investor Presentation
Slide 20: Contacts
APPENDICES Contacts INVESTOR RELATIONS ir@storagevaultcanada.com 1.877.622.0205 STEVEN SCOTT Chief Executive Officer IQBAL KHAN Chief Financial Officer Investor Presentation 20
Slide 21: Management & Board of Directors
Management & Board of Directors APPENDICES Deborah Robinson | Director & Chair of the Governance, Nominating and Compensation Committee Ms. Robinson has over 30 years of human resources and governance experience. She founded Bay Street HR in 2001 after spending 6 years as Executive Director, HR for
Slide 22: SWOT Matrix
SWOT Matrix APPENDICES Entry Barriers Rivalry Determinants Determinants of Buyer Power Determinants of Supplier Power Determinants of Substitution Threat Investor Presentation 22
Slide 23: Forward Looking Statements
Forward Looking Statements APPENDICES This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking infor
Slide 24: Rights of Action or Damages or Rescission
Rights of Action or Damages or Rescission APPENDICES The following statutory rights of action for damages or rescission will only apply to a purchaser of securities of StorageVault in the event that this corporate presentation is deemed to be an offering memorandum pursuant to applicable securities
Slide 25: Thank You
STORAGEVAULT | Hank vou