Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix Prologis 2023-24 ESG Report At Prologis, we are driven by a powerful purpose: to empower a thriving future for our customers, communities and the planet. We recognize our impact and are committed to addressing emissions from our operations and value chain Our unique scale allows to lead in decarbonization and sustainable logistics. us to drive meaningful As Prologis' chief energy and sustainability officer, my mission is to turn our commitment change across the into reality by leading our customers as their partner in decarbonization, supporting the communities we serve and delivering strong results for our shareholders. entire supply chain. O ur unique scale allows us to drive meaningful change across the entire supply chain. This ESG report serves as a roadmap for our journey toward resilient and responsible operations. D riving Decarbonization: Partnering for a Net-Zero Future Susan Uthayakumar We are deeply committed to addressing emissions across our operations and value chain. We see ourselves as a decarbonization partner for our customers and utilities. By providing innovative and sustainable warehousing solutions, we empower customers to achieve their Our employees are a driving force behind our success, contributing over 16,400 volunteer environmental goals. We collaborate with utilities to support their clean energy initiatives, hours in 2023 and propelling us towards our goal of 75,000 hours by 2025. Through our working together towards a more sustainable future. Community Workforce Initiative, we trained nearly 8,800 individuals in 2023, addressing the logistics talent gap while creating economic opportunities in the communities we call home. Technology and Innovation: Catalysts for Sustainability Technology and innovation are at the forefront of our sustainability strategy. We made The road ahead demands continued innovation and collaboration. But with a shared vision and significant progress toward our goal of 1 gigawatt (GW) of installed solar and storage unwavering commitment, we will create a more sustainable future, not just for ourselves, but for capacity by 2025, reaching over 500 MW in 2023. Our Prologis Mobility program charged generations to come. We look forward to making further progress on our goals, together. 22% of California's registered Class 8 electric trucks at our sites and has electrified over 2 million miles of clean transportation. We are constantly identifying and implementing new Sincerely, technologies to further decarbonize our operations and push the boundaries of sustainability within our industry. Beyond the Building: Building Strong Communities We remain steadfast in our commitment to transparency, continuous improvement and a Susan Uthayakumar culture of sustainability, both within Prologis and in the communities where we do business. Chief Energy and Sustainability Officer 4