Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix An inclusive work environment fosters innovation and Our CEO’s statement of support for supplier diversity may allows everyone to do their best work. Our DEIB offerings be found on our website . Prospective suppliers, whether include training resources, cultural awareness campaigns diverse or not, may register through our supplier portal. At and celebrations such as Asian Heritage Month, Black year-end 2023, we had more than 500 diverse suppliers History Month, Hispanic/Latin-American Heritage Month, in our active supplier database. For additional information, Pride Month and Women's History Month. Prologis provides please see Supply Chain Responsibility . dedicated funding and staffing resources to support our five employee resource groups (ERGs): the Asian Leadership Philanthropy Network, the Black Industrial Leadership Network, Hispanic/ Giving back to the communities where we work, including Latinx Organization for Leadership and Advancement, diverse communities, is an important part of our social Leadership Empowerment Alliance at Prologis (women) impact. This includes building diversity within our industry: and the Prologis Pride Network (LGBTQIA+). In 2023, each According to the U.S. Bureau of Labor Statistics, only 10% of ERG doubled in size and ERG-sponsored webinars drew real estate professionals and 5% of real estate brokers are an average audience of more than 400 employees. DEIB- Black. focused questions in our biannual employee engagement survey measure our progress in building an inclusive work In 2023, Prologis announced a $3 million Prologis Foundation environment. We analyze full engagement survey results donation to Morehouse College to create an endowed Prologis announced a $3 million Prologis Foundation donation to for significant differences based on age group, gender, fund for the new Morehouse Real Estate Institute (MREI). Morehouse College to create an endowed fund for the new Morehouse management level, race/ethnicity, nationality/country of This donation will expand opportunities for students from Real Estate Institute (MREI). origin or cultural background. Morehouse College, Spelman College and Clark Atlanta University, three Atlanta-area historically Black colleges Procurement and universities (HBCUs). Students will be able to learn In 2023, we launched a supplier diversity initiative to about commercial real estate and prepare for careers in It is our hope that through this partnership, and by encourage diverse-owned businesses (BIPOC, women, the industry. The institute will also connect students with maintaining diversity as a priority in our philanthropy, we veteran, disabled and LGBTQIA+) to bid on Prologis internship and entrepreneurship opportunities. can be a catalyst for change. We believe our industry will business; to make our supply chain more resilient; and be stronger and more resilient with a workforce that more to support our customers’ supplier diversity efforts. We Prologis leaders will contribute their time to MREI through closely reflects the diversity of the communities we serve. established a baseline for diverse supplier spend to guest lectures, specialized workshops, site tours and guide our diverse supplier strategy and capacity building on-campus training programs. To launch this ongoing In addition to the MREI donation, the Prologis Foundation efforts. And in 2024, we are comparing this baseline to relationship, leaders from across the U.S. joined Hamid also worked closely with our ERGs in 2023 to identify and that of our peers. We also engaged with the National Moghadam, our co-founder, chairman and CEO, for the donate approximately $100,000 to nonprofit organizations Minority Supplier Diversity Council to learn and share best kickoff event, where they provided guidance on course serving ERG communities. For additional information on practices in supplier diversity. curriculum and shared career advice with students. corporate giving, please see Community Involvement . 35