Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix Assurance statement Our full assurance statement and GHG emissions validation statement are available on our ESG data page.   - .(+'$)".+ $!$.*0- )""- "/ /+*$)/.- ! - ) $)/#  +*-/Ѷ - .+ &$)"2$/#& 4+ *+' - .+*).$' !*-*(+$'$)"/# /)-!/$)"/#  +*-/Ѹ)  ) + ) )/..0-) // ( )/ - $)/ -1$ 2$)" ( ( -.*!/#  3 0/$1 *(($// Ѷ. )$*-()" ( )/Ѷ)1-$*0.*/# --*' .2$/#$)/#  *(+)441$-/0'( /$)".ѵ  '/$)"/*Prologis’ )1$-*)( )/'Ѷ*$')*1 -))  +*-/!*-  ' )- -спст . -1/$*).  0-/# -*. -1/$*).)!$)$)".Ѷ( 0-$)"/# ..0-)  )"" ( )/Ѷ- ѷ #$...0-) // ( )/#. )+- +- !*--*'*"$.Ѷ )ѵҗ-*'*"$.Ҙ$)*-) 2$/#*0-*)/-/0/$.$)/ )  • /& #*' -$)'0.$1$/4ѷ !*-/# -  -.*!/#$. +*-/ѵ  are not aware of any stakeholder groups that have been excluded from Prologis’ stakeholder engagement  +-* ..ѵ  -*'*"$. - !- .#  /#  спрц ./& #*' - )"" ( )/ +-* .. $) спрш )  )*0-" . !0-/# -  -(.*!)"" ( )/ )"" ( )/*! 3/ -)'./& #*' -./*.0++*-/- .0'/.ѵ# +-* ..$.$ ))$')2. 3+ / /* *(+' /   2. *(($..$*)  4 -*'*"$. /* +-*1$  $) + ) )/ ..0-)  *) $/. спст )1$-*)( )/'Ѷ *$' ) "$)$)спсрѵ0 /*'$($/ - .*0- .Ѷ-*'*"$.*)0/ /# спср- 1$ 24 )""$)"$)/ -)'./& #*' -. *1 -)) җҘ +*-/җ/# - +*-/Ҙ/*(* -/ ' 1 '*!..0-) )(/ -$'$/4*!/# +-*! ..$*)'%0" ( )/*! $)'0$)" /#*.  2#* #1  $- / *)// 2$/# -*'*"$. 3/ -)' ./& #*' -.ѵ   (/ -$'$/4 .. ..( )/ 2. the verifier using AccountAbility’s AA 1000AS (v3), where the scope was a Type 2 engagement.  *)0/ $)спст/#/$)'0 */#$)/ -)') 3/ -)'./& #*' -.ѵ  • / -$'$/4ѷ Our assurance engagement covered Prologis’ global operations and activities and .+ $!$''4ѷ • 1 -$!$ *)!*-() 2$/#рппп*0)/$'$/4-$)$+' .җрпппспрчҘѸ) We are not aware of any material issues concerning Prologis’ sustainability performance that have been excluded !-*(/#  +*-/ѵ#  +*-/*1 -.-)" *!+ -!*-() ѵ# +0'$.# ))0'- +*-/+-*1$ .#$"#'$"#/. • 1'0/ /# 0-4)- '$$'$/4*!/)$)!*-(/$*)ѵ *!& 4*(+'$.#( )/.)$)$/$/$1 .ѵ +*-/$)"$.'.**).$./ )/2$/# ) '.// - +*-/$)"ѵ •  .+*).$1 ) ..ѷ Our assurance engagement excluded the data and information of Prologis’ suppliers, *)/-/*-.))4/#$-Ҋ+-/$ . -*'*"$. )"" . - "0'-'4 2$/# $)/ -)' ) 3/ -)' ./& #*' -.Ѷ 2$/# ) (+#.$. *) 0./*( -.ѵ  + $!$ ( )/$*) $)/# - +*-/ѵ 3(+' .*! - .+*).$1 ) .. $) спст $)'0  *)./-0/$*) $-0'-$/4Ѷ '*2 - -*) *)./-0/$*) (/ -$'. )  .0++*-/!*-$*$1 -.$/4ѵ ’s responsibility is only to Prologis. LR$.'$(.)4'$$'$/4*-- .+*).$$'$/4/**/# -.. 3+'$) $)/#  ) •  '$$'$/4ѷ footnote. Prologis’ responsibility is for collecting, aggregating, analysing and presenting all the data and information    '$ 1  /#/ /#  -$/ -$ ++'$  -  ++-*+-$/  ) .0!!$$ )/ /* +-*0  *).$./ )/Ѷ 0)$.  ) 2$/#$)/# - +*-/)!*-($)/$)$)" !! /$1 $)/ -)'*)/-*'.*1 -/# .4./ (.!-*(2#$#/# - +*-/$. -$1 ѵ '/$(/ '4Ѷ/# - +*-/#. )++-*1 4Ѷ)- ($)./# - .+*).$$'$/4*!-*'*"$.ѵ 0) -./)' *)/ )/!*-/#  )0. -ѵ  • (+/ѷ ’.*-- .+*)$)"- )#*0. . -$!$/$*)..0-) // ( )/.#*0' - ! -- /*$)*)%0)/$*)2$/#/#$. -*'*"$s’"*'.)./-/ "$ .- (/0- )$)'$) 2$/#+#$'*.*+#4ѵ (+/.-*../# +-*+ -/4'$! 4' -  ..0-) // ( )/ѵ *).$ - Ѷ$(+-*1 ( )/.- *(($// /*Ѷ+-*"- ..$.( .0- Ѷ)( /-$.- - +*-/ ѵ2*+-*($) )/'$!   4'  3(+' .$)'0 .*'-) ѵ*)/$)0/$*)$)/#$../-/ "4$.. )$)"-*2$)"+-*($) ) *!#-"$)" .//$*).) 3+)$)".*'- 4*)2#//# 0$'$)"/ ))/)0/$'$5 ѵ*./-  )/'4$(+/$.$)!'0 ) /#-*0"# LRQA’s Opinion *)./-0/$*)$-0'-$/4)'*2 --*)*)./-0/$*)(/ -$'.ѵ  . *) ’s approach nothing has come to our attention that would cause us to believe that -*'*"$.#.)*/Ѷ$)''  (/ -$'- .+ /.ѷ •  //# - ,0$- ( )/.*1 Ѹ LRQA’s /)-.Ѷ*(+ / ) ) ) + ) )  • $.'*. 0-/ )- '$' + -!*-() /)$)!*-(/$*).)* --*-.*-*($..$*).2 -  / / Ѹ)  ).0- ./# . ' /$*)*!++-*+-$/ '4,0'$!$ $)$1$0'.. *)/# $-,0'$!$/$*).Ѷ/-$)$)") 3+ -$ ) ѵ • *1 - ''/# $..0 ./#/- $(+*-/)//*/# ./& #*' -.)-  -.*!/#$.- +*-/ѵ # *0/*( *!''1 -$!$/$*)) -/$!$/$*).. ..( )/.$./# )$)/ -)''4- 1$ 2 4. )$*-()" ( )//* ).0-  /#//# ++-*#++'$ $.-$"*-*0.)/-).+- )/ѵ # *+$)$*) 3+- .. $.!*-( *)/# .$.*!(* -/ ' 1 '*!..0-) )//# (/ -$'$/4*!/# +-*! ..$*)' # 1 -$!$/$*).. ..( )/'*)"2$/# 1 -$!$/$*)$./# *)'42*-&0) -/& )4 !*--*'*"$.)..0# %0" ( )/*!/# 1 -$!$ -ѵ Note: The extent of evidence-gathering for a moderate assurance engagement is less than for a high assurance engagement. Moderate assurance * .)*/*(+-*($. *0-$) + ) ) *-$(+-/$'$/4ѵ engagements focus on aggregated data rather than physically checking source data at sites. Consequently, the level of assurance obtained in a moderate  /# assurance engagement is substantially lower than the assurance that would have been obtained had a high assurance engagement been performed. $")           / ѷ4рх Ѷспсу  LRQA’s ++-*# LRQA’s assurance engagements are carried out in accordance with our verification procedure. Th !*''*2$)"/.&./#*0"#  )- ѵ*&-/# 2 - 0) -/& ).+-/*!/#  1$ ) "/# -$)"+-* ..!*-/#$...0-)  )"" ( )/ѷ • Assessing Prologis’ approach to stakeholder engagement to confirm that issues raised by stakeholders were captured   -$!$ -        *-- /'4ѵ $/#$./#-*0"#$)/ -1$ 2.2$/#. )$*-()" ( )/)- 1$ 2*!+-* 0- .)+-* .. .$)+'  On behalf of Lloyd’s Register Quality Assurance, Inc. /*()" ./& #*' - )"" ( )/ѵ чрп 1 )/#1 )0 Ѷ0$/ рррп 2*-&Ѷ 2*-&рппрш • Reviewing Prologis’ process for identifying and determining material issues to confirm that the right issues were - ! - ) ѷпппппушх included in their Report. We did this by independently reviewing Prologis’ internal materiality process, - 1$ 2$)" Ѷ$/.!!$'$/ .).0.$$-$ .Ѷ)/# $-- .+ /$1 *!!$ -.Ѷ (+'*4 .*-" )/.- Ѷ$)$1$0''4)*'' /$1 '4Ѷ- ! -- /*$)/#$.'0. .Ѿ Ѿѵ  - +*-/.2-$// )4-*'*"$.)$/.+ -./* ).0- /#/. /*-.+ $!$$..0 .2 - $)'0 !*-*(+-$'$/4Ѷ ..0( .)*- .+*).$$'$/4).#'')*/ '$' /*)4+ -.*)!*-)4'*..Ѷ(" *- 3+ ). 0. 4- '$) *)/# $)!*-(/$*)*-1$ $)/#$.*0( )/ - ! - )$)"/# '*' +*-/$)" )$/$/$1 җ Ҙ)$1 -.'/)-.)*+$Ҋ.+ $!$/)-.)- ! - )$)" *-#*2.* 1 -+-*1$ Ѷ0)' ../#/+ -.*)#..$") *)/-/2$/#/# - ' 1)/  )/$/4!*-/# +-*1$.$*)*!/#$.$)!*- (/$*)*-1$ )$)/#/. )4 - .+*).$$'$/4*-'$$'$/4$. 3'0.$1 '4*)/# / -(.)*)$/$*).. /*0/$)/#/*)/-/ѵ 0./$)$'$/4*0)/$)"/)-.*-җҘ- ' .// . /*-./)-ѵ • Auditing Prologis’ data management systems to confirm that there were no significant errors, omissions or # )"'$.#1 -.$*)*!/#$...0-) // ( )/$./# *)'41'$1 -.$*)ѵ ..0( .)*- .+*).$$'$/4!*-1 -.$*)./-).'/ $)/**/# -')"0" .ѵ #$...0-) // ( )/$.*)'41'$2# )+0'$.# 2$/#/#  +*-//*2#$#$/- ! -.ѵ /(4*)'4 - +-*0 $)$/. )/$- /4ѵ ($..// ( )/.$)/#  +*-/ѵ $/#$.4ѷ *+4-$"#/Ҷ Ѷспсу    46

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