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Investor Presentaiton

Logistics Real Estate Fundamentals¹ DEMAND (T12M) VS SUPPLY PIPELINE (MSF) Mexico City Monterrey DEMAND VS SUPPLY (MSF) VACANCY • (%) Mkt Vacancy 36 1.7% 32 8 1.5% 28 24 1.8% Guadalajara 6 20 FIBRA PROLOGIS 10 2 Market vacancy of 1.1%, 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% • Nearshoring in Northern Mexico and e-commerce adoption are the main drivers of demand Juarez 0.0% 16 4 • Reynosa Tijuana 0 5 10 10 Net Absorption L12M BTS Spec 1.0% 12 0.4% 8 00 4 15 20 0 2013 14 Completions 18 19 Net Absorption 21 22 2023F Vacancy Rate Sources: Prologis Research 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 March 31, 2023 Sources: Prologis Research Note: Completions equate to supply while net absorption is equivalent to demand 0 7
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