Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix CODE ACCOUNTING METRIC PROLOGIS INFORMATION Management of Tenant Sustainability Impacts IF-RE-410a.1 (1) Percentage of new leases that contain a Within the Prologis Clear Lease, we have adopted green lease language that seeks to better collaborate with our customers in sharing data, as well cost recovery clause for resource efficiency- as providing options to install systems that can help our customers to operate more efficiently and sustainably, such as solar. In the future, we may related capital improvements and (2) have more quantifiable metrics on the coverage of our portfolio with leases that specifically contain cost recovery clauses for resource efficiency- associated leased floor area, by property related capital improvements. At the end of 2023, approximately 35% of total leases globally were the Prologis Clear Lease, as measured by area. subsector In early 2024, Prologis was once again recognized as a Gold-level Green Lease Leader by the Green Lease Leaders program, which was developed by the Institute for Market Transformation (IMT) with support from the U.S. Department of Energy's Better Buildings Alliance. IF-RE-410a.2 Percentage of tenants that are separately During 2023, we made investments in new systems and processes to increase data coverage and drive increased automation of data collection metered or submetered for (1) grid electricity across our global portfolio. This included new systems for energy and carbon data management and expanding our global data gathering consumption and (2) water withdrawals, by systems while evaluating various solutions, including submeter systems for our various tenant spaces. Within the Prologis Clear Lease, we property subsector have adopted green lease language that seeks to better collaborate with our customers in sharing data, as well as providing options to install systems that can help our customers to operate more efficiently and sustainably. In the future, we may have more quantifiable metrics on the coverage for spaces that are using these types of metering systems. IF-RE-410a.3 Discussion of approach to measuring, During 2023, we made investments in new systems and processes to increase data coverage and drive increased automation of data collection incentivizing, and improving sustainability across our global portfolio. This included new systems for energy and carbon data management. Prologis Essentials LED is a program dedicated impacts of tenants to collaborating with customers to accelerate LED lighting upgrades that improve the operational efficiency of our customers' businesses and decrease customer energy consumption and associated emissions. 74% of our owned and managed operating properties, excluding a portfolio of properties acquired in June 2023, had LED lighting at the end of 2023. Our modern, efficient and resilient building design saves money for our customers and minimizes impacts on our communities. Our focus on urban locations allows our customers to meet consumer expectations around expedited delivery, while also reducing overall transportation emissions from shortened delivery distances. By incorporating ESG concepts into our lease agreements, deploying sustainability solutions through the Prologis Essentials Marketplace and providing our customers with information packets that include sustainable practices, Prologis improves the sustainability impacts of our customers. We monitor local benchmarking ordinances and work with our property management team to educate customers on how utility data collection can be automated, as well as emerging regulations like building energy performance standards (BEPS). Climate Change IF-RE-450a.1 Area of properties located in 100-year flood Using third-party data for mapping and evaluating physical climate risk exposure at the asset level through science-based climate scenarios, zones, by property subsector we can proactively implement mitigation strategies that further the resilience of our global portfolio. This includes implementing site-specific mitigation measures, such as raising a property out of the base flood elevation and other measures to ensure the long-term resilience of our assets. Disclosing a metric on the area of properties within 100-year flood zones would need additional context to understand the site- specific mitigation measures that have been put in place to lower the associated risk from the flood zone. We will continue to explore additional disclosure of this data in response to stakeholder feedback. IF-RE-450a.2 Description of climate change risk exposure Prologis takes a proactive approach to assessing natural hazards and climate exposures across our portfolio, including earthquakes, storms, analysis, degree of systematic portfolio floods and coastal exposure. Prologis’ Risk Management team is actively evaluating our portfolio exposure to ensure that we have sufficient exposure, and strategies for mitigating risks coverage and protection for our buildings, as well as using third-party data to look ahead and evaluate climate scenarios that may impact our properties in the future. These assessments allow us to determine the appropriate risk mitigation measures for our portfolio and plan for longer term trends. We take preventative measures to improve the resiliency of our buildings to promote business continuity in our customers’ operations. As a result of our long-term planning, resiliency measures implemented and diverse portfolio footprint, we believe impacts to our portfolio arising from climate change are well managed. 60