ANNUAL MEETING OF SHAREHOLDERS OF CUBESMART May 31, 2017 GO GREEN e-Consent makes it easy to go paperless. With e-Consent, you can quickly access your proxy material, statements and other eligible documents online, while reducing costs, clutter and paper waste. Enroll today via www.astfinancial.com to enjoy online access. Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on May 31, 2017. The proxy statement and 2016 Annual Report to Shareholders are available at http://investors.cubesmart.com/Docs Please sign, date and mail your proxy card in the envelope provided as soon as possible. Please detach along perforated line and mail in the envelope provided. 20833040300000000000 4 053117 (See instructions below) O Jeffrey F. Rogatz changes to the registered name(s) on the account may not be submitted via Note: Please sign exactly as your name or names appear on this Proxy. When shares are held jointly, each holder should sign. When signing as executor, administrator, attorney, trustee or guardian, please give full title as such. If the signer is a corporation, please sign full corporate name by duly authorized officer, giving full title as such. If signer is a partnership, please sign in partnership name by authorized person. THE BOARD OF TRUSTEES RECOMMENDS A VOTE "FOR" THE ELECTION OF TRUSTEES, "FOR" PROPOSALS 2 AND 3, “ONE YEAR” FOR PROPOSAL 4, AND “FOR” PROPOSAL 5. PLEASE SIGN, DATE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE x 1. Election of Trustees: NOMINEES: FOR ALL NOMINEESO William M. Diefenderfer III O Piero Bussani WITHHOLD AUTHORITYO Christopher P. Marr FOR ALL NOMINEESO Marianne M. Keler O Deborah R. Salzberg FOR ALL EXCEPTO John F. Remondi O John W. Fain INSTRUCTIONS: To withhold authority to vote for any individual nominee(s), mark “FOR ALL EXCEPT” and fill in the circle next to each nominee you wish to withhold, as shown here: FOR AGAINST ABSTAIN 2. To ratify the appointment of KPMG LLP as our independent registered public accounting firm for the year ending December 31, 2017; 3. To cast an advisory vote to approve our executive compensation; 1 YEAR 2 YEARS 3 YEARS ABSTAIN 4. To cast an advisory vote on the frequency of holding an advisory vote on our executive compensation; FOR AGAINST ABSTAIN 5. To consider and vote on a proposal to amend our current Declaration of Trust to provide shareholders with the ability to alter, amend or repeal our Third Amended and Restated Bylaws, and adopt new Bylaws. To transact such other business as may properly come before the meeting or any adjournment or postponement of the meeting. In their discretion, the proxies are authorized to vote upon such other matters as may properly come before this meeting. If this proxy card is properly executed and returned to the Company, the attorney-in-fact and proxy will vote all of the undersigned's shares entitled to vote on the matters hereon as directed hereon or, where no direction is indicated, the undersigned's vote will be cast FOR each of the matters hereon. The attorney-in-fact and proxy will vote such shares as recommended by the Board of Trustees, or, if no recommendation is given, in his own discretion, with regard to any other matters as may properly come before the meeting, including any proposal to adjourn or postpone the meeting. To change the address on your account, please check the box at right and indicate your new address in the address space above. Please note that this method. Signature of Shareholder Date: Signature of ShareholderDate:
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