425

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)

In connection with the pending transaction among Extra Space Storage Inc., Extra Space Storage LP, Eros Merger Sub LLC, Eros OP Merger Sub, LLC, Life Storage, Inc. (“Life Storage”) and Life Storage LP, Life Storage posted the following on April 3, 2023.