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AI English summary of an SEC filing — figures as filed

Extra Space Storage logoExtra Space Storage EXR

Extra Space Storage said its Board of Directors promoted Noah Springer, the Company's current Executive Vice President, Chief Strategy and Partnership Officer, to President, effective January 5, 2026.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Extra Space Storage said its Board of Directors promoted Noah Springer, the Company's current Executive Vice President, Chief Strategy and Partnership Officer, to President, effective January 5, 2026.

  2. The company said Springer currently is responsible for the Company's third-party management program, joint ventures, human resources department and other strategic initiatives, and that with his promotion to President, the Company's operations function will also report to him.

  3. Extra Space Storage said Springer joined the Company in 2006 and has served as Executive Vice President, Chief Strategy and Partnership Officer since December 2020, and that Management Plus, the third-party management platform he helped develop and lead, is the storage sector's largest third-party management platform with over 1,800 locations.

  4. The company said Springer will continue to receive an annual base salary and remain eligible for an annual bonus, equity awards and other employee benefits in accordance with the Company's executive compensation program.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Noah Springer Promoted to President

Extra Space Storage said its Board of Directors promoted Noah Springer, the Company's current Executive Vice President, Chief Strategy and Partnership Officer, to President, effective January 5, 2026.

Source · Based on the filing body and exhibits

Responsibilities Following Promotion

The company said Springer currently is responsible for the Company's third-party management program, joint ventures, human resources department and other strategic initiatives, and that with his promotion to President, the Company's operations function will also report to him.

Source · Based on the filing body and exhibits

Springer's Career and Management Plus

Extra Space Storage said Springer joined the Company in 2006 and has served as Executive Vice President, Chief Strategy and Partnership Officer since December 2020, and that Management Plus, the third-party management platform he helped develop and lead, is the storage sector's largest third-party management platform with over 1,800 locations.

Source · Based on the filing body and exhibits

Compensation Following Promotion

The company said Springer will continue to receive an annual base salary and remain eligible for an annual bonus, equity awards and other employee benefits in accordance with the Company's executive compensation program.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.