Global Self Storage Board unanimously rejects Etude's $6.15/share acquisition proposal

Global Self Storage, Inc.

Board unanimously rejected unsolicited $6.15 per share cash proposal from Etude Storage Partners, received May 7, 2024.
Board determined the proposal significantly undervalues the company and its growth prospects, and is not in stockholders' best interests.
Board affirmed it is not contemplating a sale and will continue executing its strategic business plan.
Company emphasizes operational expertise and capital resources to drive long-term value creation.

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