Governance Highlights

Extra Space Storage is committed to conducting its business activities so as to enhance the value of the Company to its highest sustainable level. In order for Extra Space Storage to reach this objective, its corporate governance guidelines must harmonize with the interests of its shareholders, employees, customers, suppliers and creditors. Members of the Board of Directors are elected by the stockholders, and entrusted with the responsibility to oversee and direct management to achieve this objective. The Board is further charged with the duty of monitoring the effectiveness of management policies and decisions and holding senior management accountable for the achievement of these corporate objectives.