Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix Talent acquisition, learning and development In 2023, Prologis spent approximately $1,900 We recruit talented employees with varied experiences and per employee on learning and development, and viewpoints and create opportunities for them to learn and employees completed more than 13,600 hours of develop. Our goal is to have the right people in the right training (not including required compliance, ethics roles at the right times in their careers. Our culture is key. and information security training), a year-over-year We are committed to DEIB and try to create a workplace increase from three to five hours per employee. where employees feel that they can take risks; simplify and This was due, in part, to expanded new employee sprint; and fail fast. Members of our executive committee orientation sessions. directly participate in new employee orientations and speak about the importance of our company culture. Through BetterUp and the Prologis Mentorship Connect programs, we match mentors and mentees Prologis employee learning and development includes based on shared needs and interests. This includes training on: both experienced and early career mentors and − Prologis’ core competencies and traits. mentees. More than 300 Prologis employees − Business fundamentals, including the fundamentals of participate in the program. real estate. − Leadership, presentation skills, effective communication For additional examples of our workforce and time management. development, including internships and college/ − Manager-related skills, including performance university partnerships, please see Diversity, Equity, management, career development, mentoring and DEIB Inclusion and Belonging . in a workplace setting. 33