Filed by Life Storage, Inc.
(Commission File No. 001-13820)
Pursuant to Rule 425 under the Securities Act of 1933
and deemed filed pursuant to Rule 14a-12
under the Securities Exchange Act of 1934
Subject Company: Life Storage, Inc.
(Commission File No. 001-13820)
This filing relates to the proposed merger involving Extra Space Storage Inc., a Maryland corporation (Extra Space), Extra Space Storage LP, a
Delaware limited partnership (Parent OP), Eros Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (Extra Space Merger Sub), Eros OP Merger Sub, LLC, a Delaware limited liability
company and a wholly owned subsidiary of Parent OP (together with Parent, Parent OP and Extra Space Merger Sub, the Parent Parties), Life Storage, Inc., a Maryland corporation (the Life Storage), and Life Storage LP, a
Delaware limited partnership (the Partnership and, together with Life Storage, the Acquired Parties), pursuant to the terms of that certain Agreement and Plan of Merger, dated as of April 2, 2023, as amended on
May 18, 2023, by and among the Parent Parties and the Acquired Parties.
June 21, 2023
Dear Fellow Stockholder:
We have previously sent to you proxy
material for the special meeting of stockholders of Life Storage, Inc., to be held on July 18, 2023. Your board of directors unanimously recommends that stockholders vote FOR the proposed merger with Extra Space Storage Inc.
Your vote is important, no matter how many or how few shares you may own. If you have not already done so, please vote TODAY by telephone,
via the Internet, or by signing, dating and returning the enclosed proxy card in the envelope provided.
Very truly yours,
ALEXANDER E. GRESS
Secretary
REMEMBER:
You can vote your shares by telephone, or via the Internet.
Please follow the easy instructions on the enclosed proxy card.
If you have any questions or need assistance in voting
your shares, please call our proxy solicitor,
INNISFREE M&A INCORPORATED,
TOLL-FREE at (877) 825-8793.