Investor Relations Update slide image

Investor Relations Update

INVESTOR RELATIONS Exposure to broad sources of consumer demand BASIC DAILY NEEDS¹ | POPULATION GROWTH M 450 ~38% CYCLICAL SPENDING¹ | LIFESTYLE UPGRADES $B 300 ~28% PROLOGIS STRUCTURAL TRENDS¹ | ONLINE SHOPPING $B 300 400 of customer base consists 250 of customer base 250 of basic daily needs¹, includes cyclical which increases along with spending¹ the population 200 200 350 300 250 200 150 100 50 150 50 100 50 ~34% of customer base covers structural trends¹ 150 0 0 00 05 10 15 20 23 00 05 10 15 20 23 00 05 10 110 15 00 20 23 23 Source: Prologis Research, U.S. Census, BEA, Euromonitor. 1. Basic daily needs include items like food and beverage, apparel, fast-moving consumer goods, packaging and plastics. Cyclical spending examples include auto, construction, electronics, appliances and home goods. Structural trend examples include general retail, transportation and healthcare. 7
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