Market Overview

National Storage Affiliates Trust Nominates Rebecca Steinfort to the Board of Trustees and Announces Management Promotions


National Storage Affiliates Trust ("NSA" or the "Company") (NYSE:NSA)
today announced Ms. Rebecca Steinfort has been added to the Company's
slate of nominees for election to its Board of Trustees at its May 23,
2018 annual shareholders meeting.

Paul Hylbert, the Company's Lead Independent Trustee, commented, "We are
extremely pleased to announce the nomination of Rebecca Steinfort for
election to NSA's board as an independent trustee. As a successful
business leader with a unique combination of executive, marketing and
technology expertise, coupled with her public company and private equity
experience, Rebecca will bring valuable perspective as we expand our
board and focus on shareholder value creation."

Ms. Steinfort currently serves as an independent director and a member
of the audit committee for Milacron Holdings Corp. (NYSE:MCRN), and as
Chief Operating and Business Development Officer at Eating Recovery
Center, a national behavioral health service provider. She previously
served as Chief Executive Officer for Hero Management LLC and in various
executive, marketing and operating roles for DaVita Healthcare Partners,
Quiznos and Level 3 Communications. She holds an MBA from Harvard
Business School and a BA from Princeton University.

The Company also announced the following management promotions,
effective July 1, 2018:

  • Tamara Fischer will be promoted from her role as Executive Vice
    President to the Company's President and will remain as Chief
    Financial Officer;
  • Steve Treadwell will be promoted from Senior Vice President of
    Operations to Executive Vice President and Chief Operating Officer,
    and will continue in his role as President of NSA's property
    management company;
  • Brandon Togashi will be promoted from Vice President to Senior Vice
    President and will continue as the Company's Chief Accounting Officer
    and Controller.

Arlen Nordhagen, Chairman of the Board and Chief Executive Officer,
commented, "We are extremely pleased to announce these promotions of our
senior management team as Steve and Brandon continue to expand their
responsibilities and expertise. I especially appreciate handing off my
responsibilities as President to Tammy. We believe the Company will
benefit from Tammy's elevated leadership role and focus on operational
execution, given her track record of results, and I will now be able to
more fully dedicate my time to the strategic CEO and Chairman roles as
we continue to execute on our differentiated growth strategy."

Upcoming Industry Conference

NSA management is scheduled to participate in the NAREIT REITWeek 2018
Investor Conference on June 5 - 7, 2018 in New York, New York.

About National Storage Affiliates Trust

National Storage Affiliates Trust is a Maryland real estate investment
trust focused on the ownership, operation and acquisition of self
storage properties located within the top 100 metropolitan statistical
areas throughout the United States. The Company currently holds
ownership interests in and operates 540 self storage properties located
in 29 states with approximately 34 million rentable square feet. NSA is
the sixth largest owner and operator of self storage properties among
public and private companies in the U.S. For more information, please
visit the Company's website at
NSA is included in the MSCI US REIT Index (RMS/RMZ), the Russell 2000
Index of Companies and the S&P SmallCap 600 Index.

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