National Storage Affiliates Trust to merge with Public Storage in 0.14-share stock deal

Reuters03-17

<a href="https://laohu8.com/S/NSA">National Storage Affiliates Trust</a> to merge with <a href="https://laohu8.com/S/PASDL">Public Storage</a> in 0.14-share stock deal

$National Storage Affiliates Trust(NSA-B)$ entered into a merger agreement with Public Storage under which it will merge into a subsidiary of $Public Storage(PSA-N)$. Under the terms, each National Storage common share will be converted into the right to receive 0.14 of a Public Storage common share, plus cash in lieu of fractional shares. National Storage’s 6% Series A and 6% Series B preferred shares will convert into corresponding Public Storage preferred shares with materially unchanged rights. A subsidiary of Public Storage will also merge into National Storage’s operating partnership, with the operating partnership surviving.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Storage Affiliates Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-029067), on March 17, 2026, and is solely responsible for the information contained therein.

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