Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix Employee engagement Our employees are the foundation of our business. They Employee Benefits Employee Engagement 2023 create new ways to better serve our customers and help us stay ahead of what’s next. We offer a range of benefits, depending on location: − Life, medical, disability, dental, vision and identify theft Prologis We create a world-class employee experience with insurance. Score Engagement Survey 88% competitive compensation and performance-based − Paid time off, bereavement time off, parental and incentives; support for diversity, equity, inclusion and partner leave and company-sponsored volunteer time. belonging (DEIB); challenging professional development − Telemedicine, including virtual exercise and physical +8% therapy services. opportunities; and best-in-class collaborative office space. − An employee assistance program and a mental health Financial Each year, every employee receives two performance services program. Services Engagement Survey 80% reviews and professional development support. − Fertility/surrogacy and adoption assistance and Sector Score counseling. (average) According to our 2023 employee engagement survey, 88% of − Flexible spending and health savings accounts. our employees are engaged based on their responses to the − Backup childcare assistance. − Free or subsidized public transit passes, which help five statements that comprise our engagement driver index, reduce greenhouse gas emissions from commuting. including "I am proud to work for this company," which scores − Health and financial wellness coaching. at 95%. Our overall engagement score compares favorably − Pension and/or 401(K) benefits. Our CEO approval rating was with the financial services sector average of 80%. We analyze − Tuition reimbursement for continuing education. 95%, and 91% of our employees survey results for significant differences based on age group, gender, management level, race/ethnicity, nationality/country said they would recommend of origin or cultural background. to work on improving the third area: “how we share Prologis to a friend. knowledge across business lines.” (Our score remained Based on survey results, company leaders create employee consistent at 68%.) engagement action plans and incorporate them into their goals. In 2023, we improved year-over-year survey results In 2023, our regrettable turnover was 1.0% and our non- in two of our three lowest-scoring areas: “manageable regrettable turnover was 8.4%. As of December 31, 2023, our workload” (from 67% to 72%) and “employees rewarded CEO approval rating on Glassdoor was 95%, and 91% of our for performance” (from 64% to 70%). In 2024, we continue employees said they would recommend Prologis to a friend. 1. Regrettable turnover is defined as “eligible for rehire in the same role.” Non-regrettable turnover is defined as “ineligible for rehire in the same role.” 32