Mr. Steven Scott reports

STORAGEVAULT ANNOUNCES RESULTS OF ANNUAL GENERAL SHAREHOLDERS MEETING

Storagevault Canada Inc. has released the results of the annual general meeting of the shareholders of Storagevault held on May 24, 2023. A total of 226 shareholders holding an aggregate of 313,970,620 common shares of the corporation were represented at the meeting in person or by proxy, representing approximately 83.08 per cent of the total votes attached to all issued and outstanding common shares of the corporation as of the record date on April 4, 2023. All matters put forth at the meeting were approved, including the reappointment of MNP LLP, chartered accountants, as auditors of the corporation for the ensuing year.

In respect of the election of directors, the shareholders approved fixing the number of directors to be elected at the meeting at six members, with each nominee named in the corporation's management information circular dated April 5, 2023, being elected as a director. The detailed results of the vote for the election of directors, which was conducted by ballot, are set out herein.

About Storagevault Canada Inc.

Storagevault owns and operates 239 storage locations across Canada. Storagevault owns 208 of these locations plus over 4,500 portable storage units representing over 11.5 million rentable square feet on 670 acres of land. Storagevault also provides last-mile storage and logistics solutions and professional records management services, such as document and media storage, imaging and shredding services.