Strategic Storage Trust VI Announces Series E Preferred Stock Offering

Strategic Storage Trust VI, Inc. (“SST VI”), a publicly registered non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), announced the launch of a $75 million Series E Preferred Stock offering for accredited investors which is expandable to $100 million. The offering provides investors with an opportunity to participate in a diversified portfolio of income-producing and growth-oriented self-storage assets.

The offering carries an 8% annualized cash dividend, paid monthly when authorized and declared, and ranks senior to all common stock, which totaled approximately $260 million as of June 30, 2025. With a current portfolio of more than $500 million, proceeds from the Series E offering are expected to pay down debt and further invest in income-producing and growth-oriented self-storage properties and related self-storage real estate investments.

“The launch of Series E Preferred stock offering reflects our ongoing commitment to providing retail investors with stable income and access to institutional-quality self-storage assets throughout North America,” said H. Michael Schwartz, President and CEO of SST VI. “The self-storage sector has proven to be a defensive asset class across market cycles. This offering is designed to deliver attractive, risk-adjusted returns while strengthening our capital base and supporting disciplined expansion. We are committed to aligning the interests of our investors with the long-term success of SST VI.”

Forward-Looking Statements

Certain of the matters discussed in this earnings release, other than historical facts, constitute forward-looking statements within the meaning of the federal securities laws, and we intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in such federal securities laws. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “anticipate,” “estimate,” “believe,” “continue,” or other similar words, or the negative of such terms or other comparable terminology, or by discussions of strategy. We may also make additional forward-looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by us or on our behalf, are also expressly qualified by these cautionary statements.