Prologis Investor Relations Q1 2023

INVESTOR RELATIONS PROLOGIS ...with a land bank that supports $38 billion of investment NORTH AMERICA AND LATIN AMERICA SFBA $3,986 ASIA Seattle $574 Portland $429 Central Valley Reno $2,196 $193 Las Vegas $1,065 Phoenix $39 SoCal $5,197 EUROPE Toronto $1,919 Chicago $643 Lehigh UK Valley Netherlands NY/NJ $475 $3,959 Poland Denver $315 $1,344 $78 $388 Indianapolis $8 Columbus Dallas $1,018 Nashville $781 Baltimore $215 $2,801 Charlotte $160 Austin $804 Houston $669 Atlanta $723 Orlando $408 Tampa $24 Miami $511 Brazil Spain $637 $153 Belgium $264 Germany $1,026 Czech $98 France $457 Slovakia $341 Hungary $242 Italy $384 Mexico $2,535 SOUTH AMERICA EMBEDDED GROWTH GLOBALLY $977 $87 220M SF and potential TEI¹ of $38B2 With an overweight to the markets that matter the most CLPS³ are generating stabilized yield of ~5% *This is a non-GAAP financial measure. Note: Data as of March 31, 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. 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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