National Storage Affiliates Trust Announces Tax Treatment of 2023 Distributions

National Storage Affiliates Trust (“NSA” or the “Company”) (NYSE: NSA) today announced the tax treatment of its 2023 distributions on its Common Shares of Beneficial Interest (CUSIP Number 637870106), its 6.000% Series A Cumulative Redeemable Preferred Shares (CUSIP Number 637870205) (“Series A Preferred Shares”), and its 6.000% Series B Cumulative Redeemable Preferred Shares (CUSIP Number 637870304) (“Series B Preferred Shares”).

For the tax year ended December 31, 2023, distributions to NSA’s common shareholders are classified on Form 1099-DIV as follows:

Declaration Date	Record Date	Payment Date	Total Distribution Per Share	1099 Box 1a: Total Ordinary Dividends	1099 Box 2a: Total Capital Gain Distribution	1099 Box 2b: Unrecaptured Section 1250 Gain	1099 Box 3: Nondividend Distributions
2/22/2023	3/15/2023	3/30/2023	0.550000	0.407798	0.058958	0.014925	0.083244
5/25/2023	6/15/2023	6/30/2023	0.560000	0.415212	0.060030	0.015197	0.084758
8/17/2023	9/15/2023	9/29/2023	0.560000	0.415212	0.060030	0.015197	0.084758
11/8/2023	12/15/2023	12/29/2023	0.560000	0.415212	0.060030	0.015197	0.084758
Totals for 2023			2.230000	1.653434	0.239048	0.060516	0.337518

For the tax year ended December 31, 2023, distributions to NSA’s preferred shareholders are classified on Form 1099-DIV as follows:

Series A Preferred Shares