Dividend Reinvestment Plan

On August 2, 2017 the Board of Directors of Life Storage, Inc. (“the Company”) voted to suspend the Company’s Dividend Reinvestment Plan (the “Plan”) effective September 30, 2017, and until further notice.

The Plan itself is not terminated and any shares owned under the Plan as of September 30, 2017, will not be affected.  Rather, all dividends will be mailed to the participant’s name and address on record.

At such time that the Company resumes investments under the Plan, all dividends will be reinvested according to each participant’s original election.

Financial Transactions/New Accounts:

American Stock Transfer and Trust Company LLC
ATTN: Dividend Reinvestment Department
P.O. Box 922
Wall Street Station
New York, NY 10269-0560
877-476-4394

Existing Account Inquiry:

American Stock Transfer and Trust Company LLC
ATTN: Dividend Reinvestment Department
6201 15th Avenue
Brooklyn, NY 11219
877-476-4394

www.amstock.com

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