Investor Presentaiton

Nearshoring is the Main Structural Shift Mexican logistics real estate gain momentum due to manufacturing activity NEARSHORING DEMAND BY COUNTRY OF ORIGIN¹ NEARSHORING-RELATED NET ABSORPTION¹ (FIBRA PL MARKETS, MSF) FIBRA PROLOGIS Europe Asia (ex China) 16% 13% China 21% USA 13 48% 11 REGIONS AND SECTORS EXPECTED TO ATTRACT NEARSHORING¹ (PROBABILITY) Monterrey Coahuila Juarez Tijuana Mexico City Other 28 25 2019 2020 2021 Motor Vehicles & Parts Other Electronics & Home Appliances Machines & Tools High-Tech Health & Pharma 2022 • • Nearshoring is the main driver of demand, accelerating since the pandemic due to global supply chain disruptions, tensions in U.S.-China relations, and the USMCA Monterrey and border markets are the main beneficiaries, but regional markets are becoming more attractive as other markets saturate Auto has been the main driver, yet other industries are taking up importance, for example electronics & appliances ~75% of total demand in 2022 was related to Nearshoring, including Tier 1 & 2 2 We expect nearshoring to continue as companies bring production processes closer to the U.S. consumer. 1. Source: Prologis Research with information from Market Analysis and CBRE. 2. 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. 8

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