Investor Presentaiton

Nearshoring is the Main Structural Shift Mexican logistics real estate gain momentum due to manufacturing activity NEARSHORING DEMAND BY COUNTRY OF ORIGIN¹ TIER 1 NEARSHORING GROSS ABSORPTION¹, TIER 1 (MSF) (MSF) China USA Germany 8 Japan Chinese companies have generated 40% of the total Tier 1 nearshoring 4.1 3.2 7.9 Tier 1 represented ~50% of total demand in 9M22 2 12.5 • • 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-related companies are the main player, yet demand is diversified 9M22 ■2021 2020 2019 2020 2021 9M22 0 1 2 3 4 5 REGIONS AND SECTORS EXPECTED TO DRIVE FUTURE DEMAND DUE TO NEARSHORING 2, 3 (MSF) Monterrey Coahuila Juarez Tijuana Mexico City Other 1) CBRE Motor Vehicles & Parts Other Electronics & Home Appliances Machines & Tools High-Tech Health & Pharma • ~75% of total demand in 2022 was related to Nearshoring, • 2) Prologis Research Note: 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. 3) Nearshoring Index is a proprietary model of demand. including Tier 1 & 22 We expect nearshoring to continue as the U.S. interest in regionalization and cooperation intensifies, and clusterization surges FIBRA PROLOGIS

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