Operations Review Self-Storage Properties As at 31 December 2025, UHREIT’s portfolio consists of two Self-Storage properties, Carteret Self-Storage and Millburn Self-Storage. The Self-Storage portfolio represents 7.1% of UHREIT’s portfolio by property value and has a total NLA of approximately 0.2 million sq ft. These properties are located in New Jersey, the most densely populated state in the U.S. Both assets are managed by Extra Space Storage Inc., one of the largest public listed owner-operators and managers of self-storage facilities in the country. 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 31-Dec-24 93.2 92.9 31-Mar-25 94.7 92.6 30-Jun-25 94.6 96.0 30-Sep-25 93.4 96.4 Carteret Self-Storage Millburn Self-Storage Self-Storage Property Occupancy (%) 31-Dec-25 85.9 91.2 37 ANNUAL REPORT 2025
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