Reit Magazine - January/February 2021 - 40

Jeff Norman

VP, Investor Relations &
Corporate Communications
Extra Space Storage, Inc. (NYSE: EXR)

SELF STORAGE

TOP: Solar panels on a facility in Millcreek, Utah.
BOTTOM: Extra Space Storage facility in Brooklyn Center, Minnesota.

40 |

reit

" On the environmental front, a key trend for us is evaluating the resilience of our portfolio and how it influences our
investment, disposition, and asset management decisions
in key markets where we have concentration.
Given the level of disruption experienced in 2020, one
key social trend we are focused on for 2021 is company culture. We believe taking care of our people and our company
culture are keys to our success. However, due to COVID19, our corporate teams have been working from home
for the majority of the year, and our 3,000-plus employees
operating the 1,900 Extra Space facilities across the country
are now working in a very different environment. Keeping
everyone safe, connected, unified, and moving toward
our goals will continue to require outsized concentration.
Hiring, training, and developing diverse top talent will have
to be more intentional and require heightened teamwork
and innovation. This should be a focus of any employee-first company in the year ahead.
For governance, we continue to be focused on board
diversity, and how we continue to evolve our board to
ensure diversity of thought, experience, and tenure. "



Reit Magazine - January/February 2021

Table of Contents for the Digital Edition of Reit Magazine - January/February 2021

Contents
Reit Magazine - January/February 2021 - Cover1
Reit Magazine - January/February 2021 - Contents
Reit Magazine - January/February 2021 - 1
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