Strategic Storage Trust Vi's Business Segments

Strategic Storage Trust VI, Inc. is a Maryland corporation established on October 14, 2020, to invest in self storage facilities. The company began operations on March 10, 2021, and operates through subsidiaries without employees. Its Sponsor is SmartStop REIT Advisors, LLC, an indirect subsidiary of SmartStop Self Storage REIT, Inc. (NYSE: SMA), which provides advisory, asset management, and property management services for self storage. The Sponsor owns 100% of the company’s Advisor and Property Manager entities. The Advisor manages the company’s daily operations, including acquisition and investment activities, under an advisory agreement. The company’s capital structure includes authorized common and preferred stock, with multiple classes of common stock designated for different offerings. It completed a private offering of common stock, raising approximately $100.7 million in gross proceeds, and filed a Registration Statement with the SEC to register up to $1 billion in shares for public sale. The company focuses on acquiring and managing self storage properties, utilizing the expertise of its Sponsor and Advisor to implement its investment strategy.