Investor Relations Update

INVESTOR RELATIONS PROLOGIS ...with a land bank that supports $38 billion of investment NORTH AMERICA AND LATIN AMERICA Seattle $576 Portland $471 Central Valley $2,189 SFBA $3,904 ASIA SoCal $5,171 Reno $192 Las Vegas $1,017 Phoenix $113 Chicago $533 Toronto $1,913 Lehigh Valley $492 NY/NJ $1,306 Baltimore/D.C. $221 Denver $313 Indianapolis $8 Columbus $2,792 Nashville $778 Austin Dallas $1,015 Houston $666 Charlotte $159 Atlanta $721 $801 China $86 Mexico $2,488 EUROPE Orlando $406 Tampa $24 Miami $506 Spain $209 Brazil $679 Japan $974 SOUTH AMERICA UK $3,300 Netherlands $138 Poland $433 Germany ww Belgium $1,034 $288 Czech $143 Slovakia $342 France $934 Italy $367 Hungary $243 EMBEDDED GROWTH GLOBALLY 217M SF and potential TEI¹ of $38B2 With an overweight to the markets that matter the most CLPS³ are generating stabilized yield of ~5% Note: Data as of June 30, 2023. Land values in above bubble map are in $ millions and represent estimated TEI by market. 1. Total Expected Investment (TEI) represents total estimated cost of development or expansion, including land, development and leasing costs. TEI is based on current projections and is subject to change. 2. Prologis Owned and Managed as of June 30, 2023. 3. Covered Land Plays (CLPs) are acquisitions of income generating assets with the intention to redevelop for higher and better use. These assets are currently in either our Operating Portfolio, Value-Added Properties or Other Real Estate Investments. 20 20

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