Investor Presentaiton

E-commerce is a Resilient Driver of Expansion By 2026, E-commerce penetration¹ in Mexico is expected to have doubled vs 2021 E-COMMERCE SALES AND PENETRATION RATE IN MEXICO¹ USD$ B 60,000 50,000 40,000 30,000 20,000 10,000 0 FIBRA PROLOGIS E-COMMERCE GLOBAL PENETRATION RATE¹ • % Penetration Rate 40 36 20% 32 28 15% 24 20 10% 16 12 8 . 5% 4 0 0% 2019 2020 2021 2022 2023 2024 2025 2026 2027 Mexico Global Europe --China USA Brazil E-commerce is 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 2019 2020 2021 2022 2023 2024 2025 2026 2027 E-commerce % TOP E-COMMERCE COMPANIES IN MEXICO² Retailer Market Share FIBRA PROLOGIS Mercado Libre 15% Amazon.com Inc 13% Walmart Inc 10% El Puerto de Liverpool 7% 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. • Reverse logistics • Last-Touch® facilities ensure customers have well-located facilities in large, dense, constrained urban areas 9

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