Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix Governance and ethics Our culture, policies, systems and processes guide how of climate change risks and performance against our ESG Board Diversity 1 we do business: We focus on serving our customers and goals, including our net-zero goal. In 2023, climate- or encourage integrity, accountability and sound decision- energy-related matters were on the agenda at every Gender Ethnic and Geographic making. We set ambitious goals and base decisions on meeting of both the Board Governance and Nomination Asian/Asian data—a continuing area of focus. Committee and the full board. Other board committees American/ provide oversight on relevant ESG topics: Women West Asian/ African Board oversight − Our Audit Committee oversees the development of 27% Middle Eastern American 18% 9% The Prologis board of directors serves our stockholders’ data systems and disclosures to comply with emerging best interests, sets company strategy and provides regulation. independent and experienced oversight. The board has four − Our Talent and Compensation Committee oversees standing committees: human capital development and diversity, equity, − Audit Committee inclusion and belonging (DEIB) performance, initiatives − Board Governance and Nomination Committee and related risks. − Talent and Compensation Committee − Executive Committee The Prologis board believes that diversity promotes robust Men White/Caucasian discussion and the consideration of a range of viewpoints. 73% 73% Ninety-one percent of the members of our board qualify Our board governance guidelines state: as independent, according to the principles and standards Number of Directors established by the New York Stock Exchange. Our latest In any formal search for new directors, the Board by years of tenure Proxy Statement describes the rights and responsibilities of Governance and Nomination Committee will consider, our lead independent director and provides detail on each and will instruct any third-party search firm to include, 0-6 Years board member’s qualifications and experience, including the candidates from diverse backgrounds, including in its 6-13 Years fact that two of our board members have experience with initial list both gender and racial/ethnic diversity. climate, energy or ESG. 13 Years By committee charter, the Board Governance and Nomination Committee oversees ESG matters and updates 7 new directors the full board on ESG developments, including management in the last nine years 1. As of May 10, 2024. 16