Investor Presentaiton

Logistic Real Estate Fundamentals¹ DEMAND (T12M) VS SUPPLY PIPELINE (MSF) Tijuana DEMAND VS SUPPLY (MSF) VACANCY (%) Mkt Vacancy 36 0.7% 32 8 28 Reynosa 0.5% 24 6 Juarez 0.1% 20 16 Guadalajara 0.1% 4 Monterrey Mexico City 0 5 10 Net Absorption L12M BTS ■Spec Sources: Prologis Research 12 1.2% 2.6% 8 00 4 15 0 2013 14 Completions 22 2023F Net Absorption Vacancy Rate 1. Note: Defined as modern logistics market, inclusive of only those facilities with advanced functional features and/or superior locations, deemed to be competitive with Prologis. Sources: Prologis Research Note: Completions equate to supply while net absorption is equivalent to demand Data as of December 31, 2022 7 2 0 10 • • • • Market vacancy of 1.0%, historical lows Increasing demand due to supply chain reconfigurations and limited supply caused by enhanced supply barriers are expected to continue driving high occupancies and rent growth Rent Growth in 2022 was 16% and is expected to reach mid-teens in 2023, outperforming developed logistic markets Nearshoring in Northern Mexico and e-commerce adoption are the main drivers of demand FIBRA PROLOGIS

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