#1Investor Presentation August 2023 9657 FIBRA PROLOGIS Centro Industrial, Juarez ®#2INVESTOR PRESENTATION Forward-Looking Statements / Non-Solicitation FIBRA PROLOGIS This presentation includes certain terms and non-IFRS financial measures that are not specifically defined herein. These terms and financial measures are defined and, in the case of the non-IFRS financial measures, reconciled to the most directly comparable IFRS measure, in our first quarter Earnings Release and Supplemental Information that is available on our website at www.fibraprologis.com and on the BMV's website at www.bmv.com.mx. - The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("FIBRA") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the current coronavirus pandemic, and (x) those additional factors discussed in reports filed with the "Comisión Nacional Bancaria y de Valores" and the Mexican Stock Exchange by FIBRA Prologis under the heading "Risk Factors." FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release. Non-Solicitation - Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any other jurisdiction and may not be offered or sold in the United States or other jurisdiction absent registration or an applicable exemption from the registration requirements or in any such jurisdiction. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.#3Resilient Investment Strategy FIBRA PROLOGIS Alamar, Mexico City ® 3#4Why invest in FIBRA Prologis? FIBRA PROLOGIS US$4.1B Assets under management US$239M 2022 Annual Net Operating Income US$0.13 2023E Distribution per CBFI BBB+/BBB+ Credit Ratings 44.2 M 228 243 Square Feet Buildings (1) Customers World class Sponsor: PLD Note: Information as of June 30, 2023 1. Includes value-added acquisition properties that are not in the operating pool.#5FIBRA Prologis at a Glance FIBRA Prologis is a leading Mexican real estate investment trust formed to acquire, own and manage Class-A industrial real estate in Mexico Attractive industrial real estate in Mexico in the six most dynamic markets Strong Balance Sheet KEY FINANCIAL AND OPERATIONAL METRICS (2) 2015 Stock Price (MXN) 26.0 Reliable and sustainable cash flow 290.5% Total Return Since IPO (1) Supported by Prologis and access to its development pipeline Strong organic growth Main growth drivers: Manufacturing and nearshoring Consumption and e-commerce • Supply chain constraints and Labor Shortages 1. IPO was June 4, 2014; total return calculated in Mexican Pesos on June 30, 2023. Source: Bloomberg. ΝΟΙ (USD$M) FIBRA PROLOGIS Today 63.6 239.2 145.4 4.7 Total Assets (USD$B) 2.1 Distributions (USD$M) 63 63 105 Total Debt (USD$M) 919 @ 4.0% 658 @ 4.8% & Wtd. avg. rate (%) 188 228 Buildings 44.2 32.6 GLA (MSF) 2. 2015 column numbers are as of December 31, 2015, including the stock price. Today column numbers are as of June 30, 2023. Except NOI and Distributions that are YE 2022. 5#6Investor Presentation FIBRA PROLOGIS Unmatched Portfolio Focused on the Top Consumption and Manufacturing Markets 6 Markets > 10MSF 98.0% Period End Occupancy (1) 98.1% Average Occupancy (1) 44.2 Million Square Feet 228 Operating Properties (2) 17.2 years Average Age Tijuana GLA 6.6 MSF 100.0% Occupancy Ciudad Juarez GLA 3.8 MSF 97.5% Occupancy Guadalajara GLA 5.9 MSF 94.3% Occupancy Data as of June 30, 2023. Note: GLA is defined as gross leasable area. 1. Operating properties only. 2. Includes value-added acquisition properties that are not in the operating pool. Reynosa GLA 4.6 MSF 99.8% Occupancy Monterrey GLA 6.2 MSF 99.5% Occupancy Mexico City GLA 17.1 MSF 97.5% Occupancy 5MSF to 10MSF 3MSF to 5MSF 6#7Mexico Logistics Real Estate Fundamentals¹ DEMAND (T12M) VS SUPPLY PIPELINE (MSF) Mexico City Monterrey DEMAND VS SUPPLY (MSF) Mkt Vacancy 36 1.7% 32 VACANCY (%) 1.5% 8 28 10 FIBRA PROLOGIS • • Market vacancy of 1.2%, historical lows We expect increasing demand due to supply chain reconfigurations and limited supply caused by enhanced supply barriers to continue driving high occupancies and rent growth Rent Growth in 2022 was 16%, we expect mid-teens growth in 2023 Nearshoring in Northern Mexico and e-commerce adoption are the main drivers of demand 1.8% 24 Guadalajara . 6 20 Juarez 0.0% 16 4 Reynosa 1.0% 12 Tijuana 8 0.4% 4 5 10 15 20 Net absorption LTM BTS Spec 2013 14 22 2023F Sources: Prologis Research with information from Solili, CBRE. 1. Note: Defined as modern logistics market, inclusive of only those facilities with advanced functional features and/or superior locations, deemed to be competitive with Prologis. Data as of June 30, 2023 Completions Sources: Prologis Research Net Absorption Vacancy Rate Note: Completions equate to supply while net absorption is equivalent to demand 0 2 7#8Global Drivers: Customers Worry About Supply Chain Ongoing shift in global value chains TOP 10 PROLOGIS CUSTOMERS VOICE "SUPPLY CHAIN CHALLENGES❞1 # of times top 10 customers mentioned "supply chain challenges" in earning calls 50 DISTRIBUTION OF GLOBAL SUPPLY CHAIN ESTIMATED COSTS % 40 30 20 10 0 2010 11 12 13 14 15 16 17 18 19 20 21 Transportation 55% FIBRA PROLOGIS Labor Inventory Rent 20 20 20 ம 9 in 10 executives surveyed agree that their supply bases are too concentrated, according to an Interos survey of global goods' companies. Out of 1,500 global companies, 64% plan to modify their supply chain footprints. Executives plan to reshore an average of 51% of existing contracts, mostly from Asia. Rents are much less important for supply chain costs than transportation, labor. This implies significant upside for rents in markets with low transport & labor costs, such as Mexico. Sources: Interos, Prologis Research. 8#9FIBRA PROLOGIS Mexico: Nearshoring is the Main Structural Shift Mexican industrial real estate gain momentum due to manufacturing capacity expansion MACHINERY IMPORTS, INFLATION-ADJUSTED (US$MN, BASE 1990, SEASONALLY ADJUSTED) 14,000.00 12,000.00 10,000.00 8,000.00 6,000.00 w 4,000.00 2,000.00 0.00 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 • • Nearshoring is already reflecting on economic indicators such as machinery imports, accelerating since the pandemic due to global supply chain disruptions, tensions in U.S.-China relations, and the USMCA. ~75% of total demand in 2022 was related to Nearshoring, including Tier 1 & 21 We expect nearshoring to continue as companies bring production processes closer to the U.S. consumer. MEXICO MAIN 6 MARKETS: GROSS INDUSTRIAL ABSORPTION BY CATEGORY, PROLOGIS ESTIMATE¹ (MN SQUARE FEET PER YEAR) sf, m 60 60 40 40 20 2020 2021 2022 ■Tier 1 Nearshoring Tier 2 Other MEXICO TIER-11 NEARSHORING ABSORPTION BY INDUSTRY, 2019-1Q23 % Other, 7% High-tech, 8% Furniture, 18% Machines & tools, 15% Electronics & home appliances, 15% Motor vehicles & parts, 37% Source: Prologis Research with information from INEGI, Federal Reserve, Solili, Siila, CBRE and our leasing teams. 1: .Tier 1 nearshoring refer to the direct demand of companies nearshoring from abroad; Tier 2 demand accounts for local suppliers and previously stablished firms expanding operations as an effect of nearshoring. 0 2019 9#10Mexico: Nearshoring Not Just Manufacturing As manufacturing capacity grows, so does logistics PROLOGIS MEXICO MARKETS* 3PL GROSS ABSORPTION MILLION SQUARE FEET Millions 10.00 9.00 8.00 7.00 6.00 5.00 4.00 3.00 2.22 2.00 1.00 FIBRA PROLOGIS 3.88 8.11 8.76 11 • • Nearshoring is already driving significant absorption in border cities where 3PL's were practically not taking any space beforehand. Expansions within existing manufacturing plants are usually the best solution for growing capacity, given personnel knowledge, power availability and supply centralization. This is leading manufacturing companies to use third-party warehousing/logistics. 3PL companies' gross absorption has increased from 13% of total absorption in 2019 to 17% in 2022, even as absorption has more than doubled. 0.00 2019 2020 2021 2022 Source: Prologis Research with information from Siila. *Excludes Reynosa. 10 10#11FIBRA PROLOGIS Mexico: The Logistics of Nearshoring Large markets near the border with ample workforces are the best nearshoring option LOGISTICS REAL ESTATE, CARGO TRANSPORT AND POPULATION DISTRIBUTION, NORTHERN MEXICO Logistic market square footage, number of annual cargo land border crossings and population Otay Mesa Mexicali Calexico East 44 MSF Tijuana Bahia Sebastian Pisceino 1 Dot = 10,000 2020 Total Population Square Feet (Millions) -Gulf of California San Ca Phoenix Tucson Nogales Hermosillo Culiacan New Mexico Ysleta Juárez Ciudad Juarez 79 MSF 100 CSan Lucas Mazatlan 50 10 Number of Trucks 100,000 500,000 1,000,000 990° Lubbock Midland essa Texas Chihuahua Eagle Pass Austin San Antonio Laredo Hidalgo Torfeon Monterrey Reynosa 34 MSF Durango MEXICO Guadalajara 39 MSF adalajara Monterrey 115 MSF San Luis Potosi Aguascalient Querétaro, Dallas Brownsville Monterrey, Mexico's main manufacturing hub, sits 130 miles straight from the busiest U.S.-Mexico border crossing (Laredo/Nvo. Laredo, ~45% of border cargo trade). Tijuana is located 120 miles away from the second largest metro area in the U.S. (LA-Long Beach). The San Diego-Tijuana region is considered the most important medical industry hub in the West Coast. Ciudad Juárez is the second largest industrial Northern market, with uncluttered access to both PHX and Dallas, as well as to the U.S. Midwest. Reynosa stands out for its direct access to both the U.S. Gulf Coast industrial complex and Mexico's West Coast ports. It serves as a just-in-time electronics/automotive hub for the largest U.S. markets. • Guadalajara is MX's third largest metro area and boasts direct access to Mexico's largest container port (Manzanillo). Plastics/electronics' manufacturing is prevalent. 1. Source: Prologis Research with information from INEGI, Solili and CBRE. 11#12Mexico: E-commerce is a Resilient Driver of Expansion By 2026, E-commerce penetration ¹ in Mexico is expected to double vs 2021 E-COMMERCE SALES AND PENETRATION RATE IN MEXICO¹ E-COMMERCE GLOBAL PENETRATION RATE¹ USD$ B 60,000 50,000 40,000 FIBRA PROLOGIS Penetration Rate % Mexico 40 Europe Global China USA Brazil 18% 36 16% 32 14% 28 12% 24 10% 20 8% 16 6% 12 4% 8 2% 0 0% 0 2019 2020 2021 2022 2023 2024 2025 2026 2027 2019 2020 2021 2022 2023 2024 2025 2026 2027 E-commerce % 30,000 20,000 • 10,000 E-commerce is a tailwind for logistics real estate demand, especially in Mexico City Nascent e-commerce penetration relative to global market peers: penetration in Mexico is expected to double in the next 5 years . E-commerce companies are more intense users of space versus brick-and-mortar retailers (+3x), due to: • High inventory turn levels • Broader product variety Reverse logistics Last-Touch® facilities ensure customers have well-located facilities in large, dense, constrained urban areas 1. Source: Euromonitor. Penetration rate defined as % of retail sales made online vs total retail sales. 2. Source: Prologis Research with sales data and forecasts with information from Euromonitor. 12 22#13Ride Low Risk Business Model & Palacio de Hon FIBRA PROLOGIS Encino, Mexico city 13#14Potential Market Rental Growth LEASE EXPIRY PROFILE BY GLA & AVERAGE IN-PLACE RENT FIBRA PROLOGIS $10.18 $10.63 $9.74 $8.53 $8.92 $9.32 $7.99 $5.81 $5.61 $5.98 $6.29 $6.38 $6.59 $5.91 6% 8% 23% 14% 2023 2024 2025 2026 Roll Over Avg in-place rent PORTFOLIO STATISTICS Avg in Place Rent per Sq Ft $6.13 Avg Market Rent per Sq Ft $7.99 Avg Contractual Rent Escalator(2) ~3.0% WARLT (3) ~40.1 months 7% 2027 13% 29% 2028 2029+ - Avg Estimated Market Rent (Beg. of the yr)² CURRENCY OF LEASES, % OF NET EFFECTIVE RENT MXN 35% USD 65% Source: Prologis. Data as of June 30, 2023. 1. 2. 3. Estimated Market rent based on latest growth rates. Assumptions might differ, as market conditions change. For current year the market rent is for the current period June 30, 2023. For USD denominated leases only. Leases in Mexican pesos are tied to Mexican inflation. Weighted Average Remaining Lease Term 14 14#15Diversified Customer Base 243 customers in Mexico have CUSTOMER TYPE %, NER basis 352 leases with FIBRA Prologis 84.3% of FIBRA Prologis' customers are or are affiliated with multinational companies (1) Our top 10 customers represent 24% of net effective rent Source: Prologis Research. Data as of June 30, 2023. 40% 22% E-Commerce ■ 3PL Manufacturing Other Logistics 24% 14% CUSTOMER INDUSTRY %, NRA basis 22% 16% 14% Multicustome... Electronics Retailer Auto Parts Note: Industry classifications do not sum to 100%; the balance (15%) is ascribable to units where 3PL customers have more than one industry type present. 1. As a percentage of net effective rent FIBRA PROLOGIS 9% 8% 8% 8% 7% 5% 2% Healthcare Industrial Goods Packaging... Home Goods Apparel 15#16FIBRA PROLOGIS External Growth: Identified Future Growth Acquisitions. EXTERNAL GROWTH VIA PROLOGIS DEVELOPMENT PIPELINE (MSF) FIBRAPL Portfolio 44.2 60.2 Prologis Land Bank And FIBRAPL Expansion Land Based On Buildable SF 2.5 2.2 4.5 Prologis & FIBRAPL Development Pipeline Land Bank & Expansion Land(1) 4.6 11.4 ■Mexico City ■Guadalajara ■Monterrey Reynosa Juarez ■Tijuana Data as of June 30, 2023 1. Based on buildable square feet. UNIQUE COMPETITIVE ADVANTAGE Proprietary access to Prologis development pipeline at market values Exclusive right to third-party acquisitions sourced by Prologis 38% growth potential in the next 3 to 4 years, subject to market conditions and financial availability PROLOGIS AND FIBRAPL DEVELOPMENT PIPELINE GLA % (MSF) Leased Mexico City 1.2 14.4% Monterrey 0.7 100.0% 1.8 0.3 0.1 Ciudad Juarez 1.2 100.0% Tijuana 0.4 100.0% Reynosa 1.1 75.5% Total 4.6 72.2% 16#17Investor Presentation Strong Financial Position BBB+/BBB+/BBB rated by S&P/HR Ratings/Fitch¹ DEBT METRICS Total debt Wtd avg rate 2Q2023 $919M 4.0% DEBT MATURITY SCHEDULE (USD$ in millions) FIBRA PROLOGIS Unsecured Debt Secured Debt USD denominated 100% Wtd avg term 7.0 yrs Available liquidity USD² $955 M $175 $150 $125 $125 $125 Fixed debt 100% $100 $80 Net Debt to Adj. EBITDA 2.0x $25 $15 BOND DEBT COVENANTS (RATIOS) Bond Metrics 2Q23 (I & II) 2023 '26 '28 '29 '30 '31 '32 '33 '36 2039 ... Leverage ratio 22.1% <60% Cash Interest Rate: (%) 4.9 4.1 3.2 4.1 3.7 4.1 3.5 - 3.8 3.9 Secured debt leverage 4.2% <40% 2Q23 Internal limit 2Q23 Internal limit Fixed charge coverage 6.1x >1.5x LTV FMV 10.7% 35% LTV GAV 14.7% 40% Leverage according CNBV 19.8% <50% Data as of June 30, 2023. 1. A securities rating is not a recommendation to buy, sell or hold securities and is subject to revision or withdrawal at any time by the rating agency 2. Liquidity is comprised of US$455M of cash, US$400M undrawn from unsecured credit facility including accordion feature for additional US$100M. 17 12#18MEX1 amazon Best Practices Oriented to Create Value TR8 amazon Fulfillment FIBRA PROLOGIS Tres Ríos, Mexico city 18#19• • • • • • • Strong Sustainability Focus GOALS Net zero and GHG Emissions: Achieve net zero by 2040 for Scope 1, 2 and 3 emissions. Building Certification: Achieve sustainable certification for 100% of operating portfolio (by area) (2021 baseline). Renewable energy: Use renewable energy to provide for 100% of our customers' energy needs by 2030. LED Lighting: Install 100% LED lighting across our portfolio by 2025. Community Engagement: Achieve 1,400 hours of volunteer annually. Logistics Workforce Training: Train +700 people in logistics by 2025 (2022 baseline). Ethics: Ensure 100% of employees complete ethics training each year SOLAR PROJECT Cheaper energy Expected to be finished by 2025 Investment made by Prologis RECOGNITIONS AND RATINGS GRES B ✶✶✶✶ ✶ 2021 Industrial Regional Sector Leader for 3rd year in a row Nuevo indice ESG S&P/BMV Mexico Total ESG Index MEMBER OF Dow Jones Sustainability Indices In Collaboration with RobecoSAM S&P/BMV Total Mexico ESG Index Dow Jones Sustainability Index (MILA Pacific) SUSTAINALYTICS ESG Risk Rating MSCI ESG RATINGS A Low 11.0 Risk CCC B BB BBB A AA AAA FIBRA PROLOGIS#20World Class Corporate Governance Alignment with Certificate Holders DIVERSE AND EXPERIENCED TECHNICAL COMMITTEE¹ Luis Gutiérrez President for Latin America Prologis Inc Eugene F. Reilly Alberto Saavedra Partner Santa Marina y Steta Vice Chairman Prologis Inc Edward S. Nekritz Chief Legal Officer Prologis Inc Miguel Álvarez del Río CEO Finaccess Mexico Mónica Flores Barragán President for Latin America ManpowerGroup Carlos Elizondo Mayer-Serra Dan Letter President Prologis Inc Dr. Political Science Oxford University KNOWLEDGE, SKILLS AND EXPERIENCE QUALIFICATIONS . LG ER EN DL AS MA MF CE Real Estate/Logistics • CEO/Executive Management Strategic Planning Finance/Accounting Regulatory Risk Management . . . . . . . . . 1. Technical Committee members are ratified annually by certificate holders . COMPOSITION INDEPENDENCY Independ nt 50% Prologis Member 50% FIBRA PROLOGIS GENDER TENURE 30 30 30 30 30 30 30 30 0-5 years 6+years Wome 12% Men 88% MANAGING CONFLICT OF INTEREST • • Only independent members may vote for related-party transactions, such as purchasing stabilized assets from our sponsor, Prologis Prologis' 44.3% ownership of FIBRA Prologis, demonstrates alignment with certificate holders Three committees: Audit Committee (100% independence), Practices Committee (100% independence), Indebtedness Committee (67% independence) 20 20#21Strong Sponsor away FIBRA PROLOGIS Apodaca, Monterrey 21 21#22INVESTOR RELATIONS PROLOGIS Global portfolio with a focus on high-barrier, high-growth markets $209B Assets under management 1.2B Square feet on four continents $116B Equity market cap $38B Build out of land bank (TEI) PLD NYSE, S&P 500 member, #69 6,700 Customers A3/A Credit rating¹ 2.8% Global GDP flows through our distribution centers U.S. 797M SF 3,871 Buildings 6,712 Acres² OTHER AMERICAS 79M SF 327 Buildings 1,846 Acres² EUROPE 240M SF 1,091 Buildings 2,204 Acres² ASIA 111M SF 274 Buildings 98 Acres² Note: Data as of June 30, 2023. 1. A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time. 2. Includes land subject to options. 222#23Appendix FIBRA PROLOGIS Toluca Park, Toluca 23 ®#24Investor Presentation 2023 Guidance FIBRA PROLOGIS Low High 0.1900 (A) $ 0.1800 US Dollars in thousands except per CBFI amounts FX = Ps$19.5 per US$1.00 Financial Peformance Full year FFO, as modified by FIBRA Prologis, per CBFI (excludes incentive fees) Operations Year-end occupancy Same store cash NOI change Annual capex as a percentage of NOI Capital Deployment Building Acquisitions Building Dispositions Other Assumptions G&A (Asset management and professional fees) Full year 2023 distribution per CBFI (US Dollars) (B) SS 97.0% 98.0% 8.2% 11.2% 13.0% 14.0% 250,000 $ 450,000 $ 50,000 $ et e $ 31,000 0.1300 $ SS $ 34,000 0.1300 A. B. FFO (as modified by FIBRA Prologis) guidance excludes the impact of Mexican Peso movements as U.S. Dollar is the functional currency of FIBRA Prologis. G&A excludes any potential incentive fee. 24 24#25Investor Presentation Creating Value for Certificate Holders TOTAL RETURN OF CBFIS IN MEXICAN PESOS June 4, 2014 June 30, 2023 290% 242% 52% 261% 199% 86% FIBRA PROLOGIS Peer A Peer B Peer C Peer D FIBRA Index Stock Return Dividend Return FIBRAPL DISTRIBUTIONS PER CBFI (USD$) & AFFO PAYOUT RATIO (%) FIBRA PROLOGIS (1) $0.14 5.8% CAGR 0.1240 0.1182 $0.12 0.1100 0.1000 0.1240 0.1300 0.1200 0.1075 0.0990 $0.10 (2) 0.0756 $0.08 $0.06 $0.04 $0.02 $0.00 101% 91% 94% 94% 95% 97% 81% 80% 85% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E Source: Bloomberg, company filings. FIBRA Prologis' initial public offering was June 4, 2014. Peers include Terrafina, FIBRA Uno, FIBRA Macquarie and Vesta. 1. CAGR based on annualized 2014 figures. 2. Represents annualized distributions for 2014 based on period from June 4, 2014 through December 31, 2014. FIBRAPL at IPO price. Since IPO the distribution was US$0.0435, this was used for the AFFO payout ratio. 25#26FIBRA PROLOGIS (%) Q414 Q115 Q215 Q315 Q415 Q116 13.4 8.9 9.5 14.7 Q216 Q316 Q416 Q117 Q217 Q317 Q417 Q118 Q218 Q318 Q418 Trailing 4Q Q119 Q219 Q319 Q419 Q120 10.3 9.7 11.8 13.2 10.9 14.0 13.815.1 16.0 16.3 13.5 13.9 13.2 80 8.3 8.0 10.5 5.9 STRONG POSITIVE RENT CHANGE ON ROLLOVER Q220 Q320 Q420 Q121 4.0 77 74 Q221 Q321 Q421 Q122 Q222 0322 Q422 Q123 Q223 Q414 Q415 Q416 Q417 Q418 Q419 Q420 Q421 Q422 Q223 38.5 30.9 24.6' 626.7 19.6 15.2 11.3 ELEVATED PERIOD-END OCCUPANCY (%) 98.9 97.9 98 97.6 97.3 97.4 97.1 96.8 96.5 96.3 Investor Presentation Historical Operating Performance Data as of June 30, 2023. 26#27Investor Presentation Historical Growth NOI GROWTH Millions of USD 280 240 200 160 120 80 40 0 2015 2016 2017 2018 2019 2020 2021 2022 YTD FFO GROWTH Millions of USD ADJUSTED EBITDA GROWTH Millions of USD 240 200 160 120 80 40 FIBRA PROLOGIS mulh 2015 2016 2017 2018 2019 2020 2020 2022 YTD AFFO GROWTH Millions of USD 200 140 120 150 100 80 100 50 IIII 60 40 20 0 0 2015 2016 2017 2018 2019 2020 2021 2022 YTD 2015 2016 2017 2018 2019 2020 2021 2022 YTD Data as of June 30, 2023. Note: For comparative purposes, incentive fees paid to FIBRAPL's sponsor in 2017, 2018, 2019, 2021 and 2022 have been excluded, as has the impact on realized exchange losses/gain from VAT in 2015 and 2020. 27#28Investor Presentation Historical Credit Metrics DEBT % OF INVESTMENT PROPERTIES 40% 30% 20% 10% FIXED CHARGE COVERAGE RATIO 7x 6X 5X 4X 3 X 2X 1 X 0% 0 Q416 Q417 Q418 Q419 Q420 Q421 Q422 Q223 DEBT TO ADJUSTED EBITDA 6X 5X XXX x 。 4X 3X 2x 1x FIBRA PROLOGIS الاس Q416 Q417 Q418 Q419 Q420 Q421 Q422 Q223 LIQUIDITY¹ Millions of USD 1,050 900 750 600 .....||| Q416 Q417 Q418 Q419 Q420 Q421 Q422 Q223 450 300 150 0 Q416 Q417 Q418 Q419 Q420 Q421 Q422 Q223 Data as of June 30, 2023. Note: On April 6, 2020, FIBRA Prologis acquired Prologis Park Grande for US$353M, including closing costs but excluding VAT. The information displayed on this page does not reflect that acquisition. 1) Liquidity for the 2Q23 is comprised of US$455M of cash, US$400M undrawn from unsecured credit facility. Includes accordion feature for additional US$100M. 28#29Investor Presentation Portfolio Growth Since IPO GROSS LEASABLE AREA Thousands of SF, June 4, 2014 through June 30, 2023 FIBRA PROLOGIS 49,000 45,000 4.5% CAGR 41,000 37,000 33,000 29,000 25,000 IPO 4Q 2014 4Q 2015 4Q 2016 4Q 2017 4Q 2018 4Q 2019 4Q 2020 4Q 2021 4Q 2022 2Q 2023 REAL ESTATE PORTFOLIO (1)(2)(3) Thousands of USD$ +162% Total $4,700 $4,200 $3,700 $3,200 $2,700 $1.2 B $1.4 B $4.2 B $2,200 $1,700 $1,200 $1.6 B $700 IPO Portfolio Historic Acquisitions Value Since IPO Value Creation Total As of 30-Jun-2023 1. Based on 3rd party appraisals. 2. IPO was June 4, 2014. 3. Post-IPO acquisitions were completed between 2014 and 2Q23, including growth in appraised value. 29#30Investor Presentation Fee Structure Transparent and Aligned Administration Fees Operating Fees Fee Type Property Management Leasing Commission Only when no broker is involved Construction Fee / Development Fee Asset Management Calculation Payment Frequency 3% x collected revenues New leases: 5% x lease value for <6 yrs; 2.5% x lease value for 6-10 yrs; 1.25% x lease value for > 10 yrs Renewals: 50% of new lease schedule Monthly ½ at closing 12 at occupancy 4% x property and tenant improvements and construction cost Project completion 0.75% annual x appraised asset value Quarterly Hurdle rate 9% High watermark Yes Incentive Fee 10% Currency 100% in CBFIS 6 months Lock up Annually at IPO anniversary FIBRA PROLOGIS 30#31Investor Presentation Strategic Acquisition of Prologis Completed April 2020 . Prologis Park Grande Location: Mexico City Land Size: 212.3 acres, 9.3 MSF • GLA: 3.9 MSF • 100% leased Unique Competitive Advantage: • • State of the art logistics park focused on e- commerce customers and consolidation of 3PL customers Strategically located in the land constrained premier Class-A building corridor of Mexico City GONÇALVES TRUPER MARY KAY B-6 Ryder B-7 B-5 B-8 vf Hasbro B-2 mercado libre 1.0 MSF B-4 Note: On April 6, 2020, FIBRA Prologis acquired Prologis Park Grande for US$353M, including closing costs but excluding VAT. G DIAGEO B-1 1.0 MSF amazon FIBRA PROLOGIS B-3 GEODIS 31#32Investor Presentation Mexico City 50 km 40 km Adolfo Lopez Mateos Ind. Airport Prologis Park Grande Land Prologis Park Grande 1-8 Prologis Cedros 1-10 Prologis Puente Prologis Carrizal 1-3 Prologis Ladero Land Prologis Izcalli 1-4 C Prologis Tres Rios 1-10 + Land Prologis Laurel 1-2 Nicolas Romero Cuautitian Izcalli Coacalco Prologis Alamos 1-7 Prologis Encino 30 km Prologis Fresno 1-2 Prologis Mezquite 1-3 Prologis Agave 1-5 Tlalnepanta 20 km Ecatepec de Morelos Santa Clara Prologis Vallejo DC 1-3 Naucalpan 57 Prologis Pantaco 1 10 km Prologis Santa Maria 1-2 Polanco Mexico City Las Lomas Benito Juarez International Airport Netzahualcoyotl Santa Fe Covoacan Los Reyes Prologis Iztapalapa H50 FIBRA PROLOGIS Industrial Corridors Development Properties & Land Prologis Stabilized Assets FIBRAPL Assets 32 32#33Investor Presentation Guadalajara CORDILLERAS ADOLFO LOPEZ MATEOS SUR HIDALGO Guadalajara LAZARO CARDENAS San Pedro Tlaquepaque M. LOPEZ DE LEGAZPI Prologis Jalisco 1-5 REVOLUCION Guadalajara Downtown 1 10 km Toluquilla 80 CAMINO A LOS GAVILANES Santa Maria Tequepexpan Tonala San Sebastianito Prologis EL Bosque San Pedrito San Martin De Las Flores Los Gavilanes Prologis Periferico Sur 100-500 Prologis Los Altos 1-3 & 13-15 • Santa Anita La Calerilla To Port of Manzanillo 208 /332 km Santa Cruz Del Valle AVENIDA ADOLF B. HORNS JR. Concepcion San Sebastian Del Valle La Union Del Cuatro. El Grande • Tlajomulco Tlajomulco De Zuniga Circuito Sur Don Miguel Hidalgo International 80 Santa Rita AUTOPISTA A ZAPOTLANEJO A ZAPOTLANEJO CARRETERA LIBRE La Aurora To Monterrey (via NAFTA) 490 mi/789 km 15D To Mexico City 337 mi/542 km 20 km El Quince San Jose ● El Salto Anilia Periferico Del Castillo K CARRETERA A EL SALTO 23 Circuito Sur Circuito Sur Cajititlan La Calera Prologis Arrayanes 1-4 Juanacatlan 30 km FIBRA PROLOGIS Industrial Corridors Development Properties & Land Prologis Stabilized Assets FIBRAPL Assets 33.#34Investor Presentation Monterrey T Prologis Maverick Ano Periferice ARCO VIAL Santa Catarina 3 to 62m/85 km To Mexico City 68 mi933 km 140 General Escobedo To Laredo, TX O Cienega de Flores 85 143 m230 km CAMINO SANTARORA APODACA Prologis Agua Fria 1-4, 6 & 8+ Land Prologis Apodaca 1-6, 9 & 11-14 Prologis Ojo de Agua 1 Apodaca Adolfotopaz Mateos San Nicolas de los Garza 10 km 85 AVENIDA FIDEL VELAZQUEZ Garza Garcia Av. Adolfo Ruiz Cortin Monterrey Avanide Lázaro Cárdenas Guadalupe 40 85 Prologis Monterey 6-13 Prologis Aliuz General Mariano Escobeda International Airport Arie Porterke Cart A Reynos 40 Το Matamoros 200 ml/323 km To Reynosa 140 ml/228 km 20 km Juárez FIBRA PROLOGIS Industrial Corridors Development Properties & Land Prologis Stabilized Assets FIBRAPL Assets 34#35Investor Presentation Tijuana Coronado Heights San Diego Imperial Beach Lib Libramiento Sur 125 805 Carretera Tijuana Ensenada Rosarito 1 Via Pani Oriente Poniente Tijuana Avenida Internacional Prologis Otay 1-10 Prologis Otay Sur 1 Calzada Tecnologico Prologis Frontera Prologis Pacifico 1-11 10 km Prologis Alamar 1-3 Prologis Otay Sur 2 BOULEVARD 2000 2D Prologis Pacifico 12,14-18 20 km Presa Rodriguez Tijuana a Tecate Prologis Encantada 1-9 Prologis Insurgentes 1-4 Prologis Colinas 1-2 HERGO 2 Prologis TAE Building 1-2 Prologis El Florido 1-2 FIBRA PROLOGIS Industrial Corridors Pipeline Assets FIBRAPL Assets 35#36Investor Presentation Ciudad Juárez 62 Bridge of the Americas. Border Hwy 110 El Paso Prologis Aztec 1-2 Ciudad Juarez 45 10 Rio Grande TEXAS Prologis Bermudez 1-2 Blvd. Gomez Morin MEXICO Av. Henequen Juarez International Airport Prologis Salvarcar 1, 3-7 Prologis Centro Industrial Juarez North & South Prologis Centro Industrial Juarez 10-18 Manuel Talamas Camandari Independencia Prologis Del Norte 1-3 20 Prologis Rio Bravo 10 km Prologis Independencia 1-5 FIBRA PROLOGIS Industrial Corridors Development Properties & Land Prologis Stabilized Assets ☐ FIBRAPL Assets 36#37Investor Presentation Reynosa Prologis Villa Florida 1-2 To Monterrey 140 mi/226 km Prologis Del Norte II 3-4 2 Anzalduas International Trade Bridge 115 Hidalgo 40 40 Reynosa Prologis Del Norte 1-2 40 固 McAllen- Hidalgo- ntl. Bridge Ave Universidad MEXICO TEXAS Rio Grande Pharr-Reynosa International Bridge Prologis Palm Prologis Reynosa 11 Prologis Reynosa 1-8 Reynosa International 97 Airport Reynosa-Cd. Victoria Hwy 281 Prologis El Puente 1-3 To Matamoros 60 mi/98 km Prologis Pharr Bridge 1-2,4-8 & 10-11 Prologis Colonial Industrial Corridors Pipeline Assets FIBRAPL Assets FIBRA PROLOGIS 37#38FIBRA PROLOGISⓇ