On June 28, 2019, SmartStop Self Storage REIT, Inc. (f/k/a Strategic Storage Trust II, Inc.) (the ‘company'), the company's operating partnership, SmartStop O.P., L.P. (f/k/a Strategic Storage Operating Partnership II, L.P.) (the ‘Operating Partnership'), and SmartStop TRS, Inc. (f/k/a Strategic Storage TRS II, Inc.) (the ‘TRS'), entered into a series of transactions, agreements, and amendments to the Company's existing agreements and arrangements (such agreements and amendments hereinafter referred to collectively as the ‘Self Administration Transaction'), with SmartStop Asset Management, LLC, the Company's then-sponsor (‘SAM'), and SmartStop OP Holdings, LLC (‘SS OP Holdings'), a subsidiary of SAM, pursuant to which, effective June 28, 2019, the company acquired the self storage advisory, asset management, property management and tenant insurance joint venture interests of SAM (the ‘Self Storage Platform'), along with certain other assets of SAM. On June 28, 2019, in connection with the Self Administration Transaction, H. Michael Schwartz resigned as Chief Executive Officer and was appointed Executive Chairman of the Company, Michael S. McClure resigned as President and was appointed Chief Executive Officer of the Company, Wayne Johnson retained the office of Chief Investment Officer and was appointed President of the Company, James Barry resigned as Senior Vice President – Finance and was appointed Chief Financial Officer and Treasurer of the company, Michael O. Terjung was appointed Chief Accounting Officer of the Company, Nicholas M. Look was appointed General Counsel and Secretary of the Company, and Gerald Valle was appointed Senior Vice President – Self Storage Operations of the company (collectively, the “Executives”). In addition, Matt F. Lopez resigned as Chief Financial Officer and Treasurer of the company and James L. Berg resigned as Secretary of the Company.