Investor Presentaiton

E-commerce is a Resilient Driver of Expansion By 2026, E-commerce penetration in Mexico is expected to have doubled vs 2021 E-COMMERCE SALES AND PENETRATION RATE E-COMMERCE GLOBAL PENETRATION RATE¹ IN MEXICO¹ USD$ B % Penetration Rate 100 90 20% 30 80 70 60 15% 20 50 10% 40 30 10 10 5% 20 10 0 0% 2017 2019 2021 2023F 2025F TOP E-COMMERCE COMPANIES IN MEXICO² 2015 2016 2017 2018 2019 2020 2021 2022E 2023E 2024E 2025E 2026E 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. 9 2. Source: Prologis Research with sales data and forecasts with information from Euromonitor. China E-commerce is tailwind for logistics real estate demand, U.K. U.S. especially in Mexico City World Brazil Mexico • 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 ensures customers to have well-located facilities in large, dense, constrained urban areas FIBRA PROLOGIS

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