Extra Space Storage Inc. — fact timeline

W. Noah Springer was appointed as Director at Extra Space Storage Inc..

“Mr. Springer will assume the responsibilities of Chief Executive Officer and will join the Company’s board of directors beginning January 1, 2027.”

W. Noah Springer changed role as Chief Executive Officer at Extra Space Storage Inc..

“The Company also announced that, in connection with Mr. Margolis’ planned retirement, the Company’s board of directors selected W. Noah Springer, the Company’s current President, to succeed Mr. Margolis as Chief Executive Officer.”

Joseph D. Margolis departed as Chief Executive Officer at Extra Space Storage Inc..

“On August 24, 2026, Extra Space Storage Inc. (the “Company”) announced that Joseph D. Margolis, the Company’s Chief Executive Officer, will retire effective as of December 31, 2026.”

Extra Space Storage Inc. shareholders approved Advisory approval of the compensation paid to the Company's named executive officers at the 2026-05-14 meeting.

“Proposal 3. The approval, on an advisory basis, of the compensation paid to the Company's named executive officers, as disclosed in the Company’s proxy statement.”

Extra Space Storage Inc. shareholders approved Ratification of the Audit Committee's selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026 at the 2026-05-14 meeting.

“Proposal 2. The ratification of the Audit Committee's selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026.”

Extra Space Storage Inc. shareholders approved Election of 10 members of the board of directors at the 2026-05-14 meeting.

“Proposal 1. The election of 10 members of the Company’s board of directors for terms expiring at the 2027 annual meeting of stockholders and until their successors are duly elected and qualify.”

Extra Space Storage Inc. reported the three months ended March 31, 2026 results: net income $ 240,977, EPS $1.14 per diluted share.

“shown in thousands, except share and per share data): For the Three Months Ended March 31, 2026 2025 (per share) 1 (per share) 1 Net income attributable to common stockholders $ 240,977 $ 1.14 $ 270,875 $ 1.28 Impact of the difference in weighted average number of shares – diluted 2 (0.04) (0.06) Adjustments: Real estate depreciation 170,895 0.77 159,170 0.72”

Extra Space Storage Inc. incurred credit facility of up to $4.5 billion with U.S. Bank National Association at Term SOFR plus the applicable SOFR rate margin maturing August 21, 2029.

“The Credit Agreement provides for aggregate borrowings of up to $4.5 billion, consisting of a senior unsecured revolving credit facility of $3.0 billion, due August 21, 2029”

Extra Space Storage Inc. incurred senior notes of $800,000,000 aggregate principal amount with Computershare Trust Company, N.A., as successor trustee to Wells Fargo Bank, National Association, as trustee at 4.950% per annum maturing January 15, 2033.

“On August 8, 2025, Extra Space Storage LP (the “Issuer”), a Delaware limited partnership and subsidiary of Extra Space Storage Inc. (the “Company”), completed an underwritten public offering of $800,000,000 aggregate principal amount of its 4.950% Senior Notes due 2033 (the “Notes”).”

Jeff Norman was appointed as Executive Vice President, Chief Financial Officer at Extra Space Storage Inc..

“The Company also announced that, in connection with Mr. Stubbs’ planned retirement, the Company’s board of directors selected Jeff Norman, the Company’s current Senior Vice President of Capital Markets and Treasury, to succeed Mr. Stubbs as Executive Vice President, Chief Financial Officer.”

P. Scott Stubbs departed as Executive Vice President and Chief Financial Officer at Extra Space Storage Inc..

“On May 19, 2025, Extra Space Storage Inc. (the “Company”) announced that P. Scott Stubbs, the Company’s Executive Vice President and Chief Financial Officer, will retire effective as of December 31, 2025.”

Extra Space Storage Inc. incurred senior notes of $500,000,000 aggregate principal amount with Computershare Trust Company, N.A., as successor trustee to Wells Fargo Bank, National Association, as trustee at 5.400% per annum maturing June 15, 2035.

“On March 19, 2025, Extra Space Storage LP (the “Issuer”), a Delaware limited partnership and subsidiary of Extra Space Storage Inc. (the “Company”), completed an underwritten public offering of $500,000,000 aggregate principal amount of its 5.400% Senior Notes due 2035 (the “Notes”).”

Extra Space Storage Inc. reported financial results for three months ended March 31, 2024.

“On April 30, 2024, Extra Space Storage Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2024.”

Extra Space Storage Inc. reported financial results for three months and year ended December 31, 2023.

“On February 27, 2024, Extra Space Storage Inc. (the “Company”) issued a press release announcing its financial results for the three months and year ended December 31, 2023.”

Extra Space Storage Inc. incurred senior notes of $600,000,000 aggregate principal amount with Computershare Trust Company, N.A. at 5.400% per annum maturing February 1, 2034.

“On January 19, 2024, Extra Space Storage LP (the “Issuer”), a Delaware limited partnership and subsidiary of Extra Space Storage Inc. (the “Company”), completed an underwritten public offering of $600,000,000 aggregate principal amount of its 5.400% Senior Notes due 2034 (the “Notes”).”

Extra Space Storage Inc. incurred senior notes of $600,000,000 aggregate principal amount with Computershare Trust Company, N.A., as successor trustee at 5.900% maturing January 15, 2031.

“On December 1, 2023, Extra Space Storage LP (the “Issuer”), a Delaware limited partnership and subsidiary of Extra Space Storage Inc. (the “Company”), completed an underwritten public offering of $600,000,000 aggregate principal amount of its 5.900% Senior Notes due 2031 (the “Notes”).”

Extra Space Storage Inc. reported financial results for for the three and nine months ended September 30, 2023.

“announced operating results for the three and nine months ended September 30, 2023.”

Extra Space Storage Inc. updated its three and six months ended June 30, 2023 guidance (reaffirmed).

“Extra Space Storage Inc. Reports 2023 Second Quarter Results”

Extra Space Storage Inc. incurred senior notes of $599,788,000 aggregate principal amount with Computershare Trust Company, N.A. at 2.400% per year maturing October 15, 2031.

“In connection with the Exchange Offers, LSI and LSI Parent entered into a Sixth Supplemental Indenture, dated as of July 25, 2023 (the “ LSI Supplemental Indenture ”), by and between LSI, as issuer, LSI Parent, as parent guarantor, and Computershare Trust Company, N.A., as trustee, to eliminate (1) substantially all of the restrictive covenants applicable to the LSI Notes and (2) any of LSI and LSI Parent’s reporting obligations under the LSI Notes other than those required by applicable law.”

Extra Space Storage Inc. incurred senior notes of $397,007,000 aggregate principal amount with Computershare Trust Company, N.A. at 2.200% per year maturing October 15, 2030.

“In connection with the Exchange Offers, LSI and LSI Parent entered into a Sixth Supplemental Indenture, dated as of July 25, 2023 (the “ LSI Supplemental Indenture ”), by and between LSI, as issuer, LSI Parent, as parent guarantor, and Computershare Trust Company, N.A., as trustee, to eliminate (1) substantially all of the restrictive covenants applicable to the LSI Notes and (2) any of LSI and LSI Parent’s reporting obligations under the LSI Notes other than those required by applicable law.”

Extra Space Storage Inc. incurred senior notes of $331,223,000 aggregate principal amount with Computershare Trust Company, N.A. at 4.000% per year maturing June 15, 2029.

“In connection with the Exchange Offers, LSI and LSI Parent entered into a Sixth Supplemental Indenture, dated as of July 25, 2023 (the “ LSI Supplemental Indenture ”), by and between LSI, as issuer, LSI Parent, as parent guarantor, and Computershare Trust Company, N.A., as trustee, to eliminate (1) substantially all of the restrictive covenants applicable to the LSI Notes and (2) any of LSI and LSI Parent’s reporting obligations under the LSI Notes other than those required by applicable law.”

Extra Space Storage Inc. incurred senior notes of $440,493,000 aggregate principal amount with Computershare Trust Company, N.A. at 3.875% per year maturing December 15, 2027.

“In connection with the Exchange Offers, LSI and LSI Parent entered into a Sixth Supplemental Indenture, dated as of July 25, 2023 (the “ LSI Supplemental Indenture ”), by and between LSI, as issuer, LSI Parent, as parent guarantor, and Computershare Trust Company, N.A., as trustee, to eliminate (1) substantially all of the restrictive covenants applicable to the LSI Notes and (2) any of LSI and LSI Parent’s reporting obligations under the LSI Notes other than those required by applicable law.”

Extra Space Storage Inc. incurred senior notes of $582,627,000 aggregate principal amount with Computershare Trust Company, N.A. at 3.500% per year maturing July 1, 2026.

“issued in the same aggregate principal amounts: • $582,627,000 aggregate principal amount of 2026 Notes”

Extra Space Storage Inc. completed an acquisition involving Life Storage, Inc. for 0.895 shares of Extra Space Common Stock per share of Life Storage Common Stock (closed 2023-07-20).

“ace Merger Sub”), Eros OP Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Extra Space OP (“Extra Space OP Merger Sub” and, together with Extra Space, Extra Space OP and Extra Space Merger Sub, the “Extra Space Parties”), Life Storage, Inc., a Maryland corporation (“Life Storage”), and Life Storage LP, a Delaware limited partnership (“Life Storage OP” and, together with Life Storage, the “Life Storage Parties”), as amended on May 18, 2023 (the “Merger Agreement”).”

Susan Harnett was appointed as Director at Extra Space Storage Inc..

“Extra Space increased the size of its board of directors from ten members to thirteen members and appointed Joseph V. Saffire, Mark G. Barberio and Susan Harnett to the Extra Space board of directors”

Mark G. Barberio was appointed as Director at Extra Space Storage Inc..

“Extra Space increased the size of its board of directors from ten members to thirteen members and appointed Joseph V. Saffire, Mark G. Barberio and Susan Harnett to the Extra Space board of directors”

Joseph V. Saffire was appointed as Director at Extra Space Storage Inc..

“Extra Space increased the size of its board of directors from ten members to thirteen members and appointed Joseph V. Saffire, Mark G. Barberio and Susan Harnett to the Extra Space board of directors”

Extra Space Storage Inc. shareholders approved Approval of one or more adjournments of the Special Meeting to solicit additional proxies in favor of the Common Stock Issuance Proposal at the 2023-07-18 meeting.

“On July 18, 2023, at a Special Meeting of Stockholders (the “Special Meeting”) of Extra Space Storage Inc. (“Extra Space” or the “Company”), the holders of shares of common stock, par value $0.01 per share, of the Company (“Extra Space Common Stock”) voted on the (i) approval of the issuance of shares of Extra Space Common Stock in connection with the merger of Eros Merger Sub, LLC, a newly created wholly owned subsidiary of Extra Space (“Extra Space Merger Sub”), with and into Life Storage, Inc. (“Life Storage”), with Life Storage continuing as the surviving entity, pursuant to which each outstanding share of Life Storage common stock (other than shares of Life Storage common stock owned by Life Storage, Life Storage LP, the Company, Extra Space Storage LP, Extra Space Merger Sub, Eros OP Merger Sub, LLC or any of their respective wholly owned subsidiaries, which will be cancelled) will be converted into the right to receive 0.895 of a newly issued share of Extra Space Common Stock, i”

Extra Space Storage Inc. shareholders approved Approval of the issuance of shares of Extra Space Common Stock in connection with the merger with Life Storage at the 2023-07-18 meeting.

“On July 18, 2023, at a Special Meeting of Stockholders (the “Special Meeting”) of Extra Space Storage Inc. (“Extra Space” or the “Company”), the holders of shares of common stock, par value $0.01 per share, of the Company (“Extra Space Common Stock”) voted on the (i) approval of the issuance of shares of Extra Space Common Stock in connection with the merger of Eros Merger Sub, LLC, a newly created wholly owned subsidiary of Extra Space (“Extra Space Merger Sub”), with and into Life Storage, Inc. (“Life Storage”), with Life Storage continuing as the surviving entity, pursuant to which each outstanding share of Life Storage common stock (other than shares of Life Storage common stock owned by Life Storage, Life Storage LP, the Company, Extra Space Storage LP, Extra Space Merger Sub, Eros OP Merger Sub, LLC or any of their respective wholly owned subsidiaries, which will be cancelled) will be converted into the right to receive 0.895 of a newly issued share of Extra Space Common Stock, i”

Extra Space Storage Inc. incurred credit facility of $4.865 billion with U.S. Bank National Association, as administrative agent maturing due June 20, 2027 (the “Revolving Credit Facility”), ... due June 22, 2024.

“The Credit Agreement provides for aggregate borrowings of up to $4.865 billion, consisting of a senior unsecured revolving credit facility of $1.94 billion, due June 20, 2027”

Extra Space Storage Inc. entered into Credit Agreement with certain lenders, U.S. Bank National Association as administrative agent, and various co-syndication agents, co-documentation agents, joint lead arrangers and book runners valued at aggregate borrowings of up to $4.865 billion (effective 2023-06-22).

“On June 22, 2023, Extra Space Storage LP (the “Operating Partnership”), the operating partnership subsidiary of Extra Space Storage Inc. (the “Company”), entered into a third amended and restated credit agreement (the “Credit Agreement”) with (i) certain lenders named therein, (ii) U.S. Bank National Association, as administrative agent, (iii) the following co-syndication agents: Bank of America, N.A., BMO Harris Bank, N.A., JPMorgan Chase Bank, N.A., PNC Bank, National Association, TD Bank, N.A., Truist Bank and Wells Fargo Bank, National Association, with respect to the Revolving Credit Facility (as defined below), Bank of America, N.A. and Wells Fargo Bank, National Association, with respect to the Tranche 1 Term Loan Facility (as defined below), TD Bank, N.A., Wells Fargo Bank, National Association and PNC Bank, National Association, with respect to the Tranche 2 Term Loan Facility (as defined below), PNC Bank, National Association, with respect to the Tranche 3 Term Loan Facility”

Extra Space Storage Inc. incurred senior notes of $450,000,000 aggregate principal amount with Computershare Trust Company, N.A., as successor trustee to Wells Fargo Bank, National Association, as trustee at 5.500% per annum maturing July 1, 2030.

“On June 16, 2023, Extra Space Storage LP (the “Issuer”), a Delaware limited partnership and subsidiary of Extra Space Storage Inc. (the “Company”), completed an underwritten public offering of $450,000,000 aggregate principal amount of its 5.500% Senior Notes due 2030 (the “Notes”).”

Extra Space Storage Inc. shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-24 meeting.

“Proposal 3. The approval, on an advisory basis, of the compensation paid to the Company's named executive officers, as disclosed in the Company’s proxy statement. Votes For Votes Against Votes Abstain Broker Non-Vote 115,564,744 4,442,371 77,337 5,603,034”

Extra Space Storage Inc. shareholders approved Ratification of Audit Committee's selection of Ernst & Young LLP as independent registered public accounting firm for 2023 at the 2023-05-24 meeting.

“Proposal 2. The ratification of the Audit Committee's selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2023. Votes For Votes Against Votes Abstain Broker Non-Vote 120,011,363 5,636,746 39,377 —”

Extra Space Storage Inc. shareholders approved Election of ten members of the board of directors for terms expiring at the 2024 annual meeting at the 2023-05-24 meeting.

“Proposal 1. The election of ten members of the Company’s board of directors for terms expiring at the 2024 annual meeting of stockholders and until their successors are duly elected and qualify. Director Votes For Votes Against Votes Abstain Broker Non-Vote 1. Kenneth M. Woolley 117,521,835 2,528,617 34,000 5,603,034 2. Joseph D. Margolis 119,129,985 921,102 33,365 5,603,034 3. Roger B. Porter 114,170,201 5,874,196 40,055 5,603,034 4. Jennifer Blouin 119,742,103 309,326 33,023 5,603,034 5. Joseph J. Bonner 118,487,727 1,558,140 38,585 5,603,034 6. Gary L. Crittenden 118,471,520 1,577,512 35,420 5,603,034 7. Spencer F. Kirk 118,629,124 1,422,109 33,219 5,603,034 8. Diane Olmstead 118,418,464 1,513,472 152,516 5,603,034 9. Jefferson S. Shreve 119,667,008 379,493 37,951 5,603,034 10. Julia Vander Ploeg 118,771,112 1,279,391 33,949 5,603,034”

Extra Space Storage Inc. amended Merger Agreement Amendment with Life Storage, Inc. and Life Storage LP (effective 2023-05-18).

“On May 18, 2023, the Extra Space Parties and the Life Storage Parties entered into an Amendment to Agreement and Plan of Merger (the “Merger Agreement Amendment”)”

Extra Space Storage Inc. reported financial results for the three months ended March 31, 2023.

“Extra Space Storage Inc. (the “Company”) issued a press release announcing its financial results for the three months ended March 31, 2023.”

Extra Space Storage Inc. entered into Agreement and Plan of Merger with Life Storage, Inc. and Life Storage LP (effective 2023-04-02).

“On April 2, 2023, Extra Space Storage Inc., a Maryland corporation (“Extra Space”) and Extra Space Storage LP, a Delaware limited partnership (“Extra Space OP”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Extra Space, Extra Space OP, Eros Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Extra Space (“Eros Merger Sub”), Eros OP Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Extra Space OP (“Eros OP Merger Sub” and, together with Extra Space, Extra Space OP and Eros Merger Sub, the “Extra Space Parties”), Life Storage, Inc., a Maryland corporation (“Life Storage”), and Life Storage LP, a Delaware limited partnership (“Life Storage OP” and, together with Life Storage, the “Life Storage Parties”).”

Extra Space Storage Inc. incurred senior notes of $500,000,000 aggregate principal amount at 5.700% maturing April 1, 2028.

“On March 28, 2023, Extra Space Storage LP (the “Issuer”), a Delaware limited partnership and subsidiary of Extra Space Storage Inc. (the “Company”), completed an underwritten public offering of $500,000,000 aggregate principal amount of its 5.700% Senior Notes due 2028 (the “Notes”).”

Extra Space Storage Inc. reported year ended December 31, 2022 results: net income net income attributable to common stockholders of $6.41 per diluted share, EPS $6.41 per diluted share.

“Achieved net income attributable to common stockholders of $6.41 per diluted share, representing a 3.6% increase compared to the same period in the prior year (which prior period included a $140.8 million, or $1.00/share, gain on real estate transactions).”

Extra Space Storage Inc. reported three months ended December 31, 2022 results: net income net income attributable to common stockholders of $1.52 per diluted share, EPS $1.52 per diluted share.

“Achieved net income attributable to common stockholders of $1.52 per diluted share, representing a 24.0% decrease compared to the same period in the prior year (which prior period included a $76.9 million, or $0.54/share, gain on real estate transactions).”

Extra Space Storage Inc. reported the nine months ended September 30, 2022 results: net income $ 656,428, EPS $4.89 per diluted share.

“Highlights for the nine months ended September 30, 2022: • Achieved net income attributable to common stockholders of $4.89 per diluted share, representing a 16.7% increase compared to the same period in the prior year.”

Extra Space Storage Inc. reported the three months ended September 30, 2022 results: net income $ 220,719, EPS $1.65 per diluted share.

“Highlights for the three months ended September 30, 2022: • Achieved net income attributable to common stockholders of $1.65 per diluted share, representing a 17.9% increase compared to the same period in the prior year.”

Jefferson Shreve was appointed as Director at Extra Space Storage Inc..

“On September 15, 2022, the board of directors of Extra Space Storage Inc. (the “Company”) appointed Jefferson Shreve to the board, effective immediately, in connection with the Company’s acquisition of various entities doing business as Storage Express (“Storage Express”) for approximately $590.0 million (the “Acquisition”).”