$CUBE·8-K

CubeSmart · May 19, 4:32 PM ET

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CubeSmart 8-K

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CubeSmart Reports 2026 Annual Meeting Vote Results

What Happened
CubeSmart (CUBE) filed an 8-K reporting the results of its 2026 Annual Meeting of Shareholders held on May 19, 2026. Shareholders elected nine trustees to serve until the 2027 annual meeting, ratified KPMG LLP as the company’s independent registered public accounting firm for 2026, and cast an advisory (non‑binding) vote to approve the company’s named executive officer compensation.

Key Details

  • Trustees elected (Votes For / Withheld); broker non‑votes: 11,666,842
    • Piero Bussani: 178,529,459 / 15,732,878
    • Jit Kee Chin: 191,356,491 / 2,905,846
    • Martin P. Connor: 193,926,997 / 335,340
    • Dorothy Dowling: 181,471,967 / 12,790,370
    • Jair K. Lynch: 192,552,929 / 1,709,408
    • Christopher P. Marr: 192,393,527 / 1,868,810
    • John F. Remondi: 180,002,657 / 14,259,680
    • Jeffrey F. Rogatz: 180,982,766 / 13,279,571
    • Jennie Weber: 193,918,232 / 344,105
  • Auditor ratification (Proposal 2): KPMG LLP ratified — Votes For: 197,066,835; Against: 8,738,990; Abstentions: 123,354.
  • Advisory vote on executive compensation (Proposal 3): Votes For: 169,861,694; Against: 22,260,863; Abstentions: 2,139,780; Broker non‑votes: 11,666,842.

Why It Matters
These results confirm the board’s composition for the coming year and maintain continuity in CubeSmart’s external audit relationship with KPMG. The advisory "say‑on‑pay" proposal passed but drew a notable level of shareholder opposition (over 22 million votes against), which is a signal management and the board may consider when reviewing executive compensation policy. For investors, the filing documents governance outcomes that can affect oversight, accountability, and potential future changes to compensation or board strategy.

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