Item 5.07. Submission of Matters to a Vote of Security Holders.

The 2023 Annual Meeting of Shareholders of Life Storage, Inc. (the "Company") was held on May 18, 2023. Proxies were solicited pursuant to the Company's proxy statement filed on April 13, 2023 with the Securities and Exchange Commission under Section 14(a) of the Securities Exchange Act of 1934. There was no solicitation in opposition to the Company's solicitation. As of the record date of April 10, 2023, there were 85,087,900 shares of the Company's common stock issued and outstanding. 78,241,987 shares were represented in person or by proxy at the meeting, or approximately 91.95% of the total shares issued and outstanding. Set forth below is a brief description of each matter voted on at the meeting and the final voting results.



P

roposal 1.

The election of eight directors of the Company to hold office until the next Annual Meeting of Shareholders and until their successors are elected and qualified. In accordance with the results below, each nominee as listed in the proxy statement was elected to serve as a director.



                                             Votes           Votes         Broker
                          Votes For         Against        Withheld       Non-Votes
Mark G. Barberio           72,588,604        2,160,057        54,215       3,439,111
Joseph V. Saffire          74,259,629          479,054        64,193       3,439,111
Stephen R. Rusmisel        72,192,592        2,558,135        52,149       3,439,111
Arthur L. Havener, Jr.     73,178,365        1,567,376        57,135       3,439,111
Dana Hamilton              73,877,801          872,154        52,921       3,439,111
Edward J. Pettinella       63,139,482       11,607,813        55,581       3,439,111
David L. Rogers            74,268,398          478,945        55,533       3,439,111
Susan Harnett              73,865,925          885,365        51,586       3,439,111


Proposal 2.

The ratification of the appointment by the Board of Directors of Ernst & Young LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023. In accordance with the results below, the appointment of Ernst & Young LLP was ratified and approved.



                                            Broker

Votes For Votes Against Abstentions Non-Votes 74,708,656 3,482,808 50,523 0

Proposal 3.


  Proposal to approve (on a
non-binding
basis) the compensation of the Company's executive officers.
In accordance with the results below, the compensation was approved (on a
non-binding
basis).

                                             Broker
Votes For    Votes Against   Abstentions   Non- Votes
71,991,407     2,689,851       121,618     3,439,111


Proposal 4.
  Proposal (on a non-binding basis) on the frequency of holding future votes on
the compensation of the Company's executive officers. The results of the vote
were as follows:

                                                                  Broker
Every Year   Every Two Years   Every Three Years   Abstentions   Non-Votes
73,141,391       43,133            1,558,806         59,546      3,439,111

The results of the shareholder vote with respect to the frequency of the advisory vote on executive compensation were consistent with the recommendation of the Company's Board of Directors that such vote be held every year. Accordingly, the Company will hold an annual advisory say-on-pay vote until the next required vote on the frequency of shareholder votes on the compensation of executives.

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