Mr. Steven Scott reports

STORAGEVAULT TO ACQUIRE 2 STORAGE LOCATIONS FOR $43,000,000

Storagevault Canada Inc. has agreed to acquire two stores from two arm's-length vendor groups for an aggregate purchase price of $43-million, subject to customary adjustments, and the purchase price is expected to be paid with funds on hand and first mortgages. The acquisitions are expected to close in May, 2024.

The acquisitions are subject to customary closing conditions for both Storagevault and the vendors.

About Storagevault Canada Inc.

Storagevault owns and operates 244 storage locations across Canada. Storagevault owns 213 of these locations plus over 5,000 portable storage units, representing over 11.8 million rentable square feet on over 690 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.

We seek Safe Harbor.