Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix Mobility Many Prologis customers are transitioning their fleets to low- or zero-emissions vehicles. Prologis Mobility provides expertise and critical infrastructure through a range of solutions: − Hubs – subscription-based fleet charging at dedicated sites along common routes and near key locations. − Depots – onsite fleet charging at warehouses for drayage, last-mile delivery, yard tractors, forklifts and more. − Workplace Charging – passenger vehicle charging for distribution center employees. At year-end 2022, some 22% of the registered Class 8 EV trucks in California had charged at Prologis sites. At year-end 2023, we had provided enough EV charging to our customers to enable approximately 2 million miles of EV truck travel. By 2030, to better support the fleet needs of our customers, we aim to achieve 900 MW of EV charging capacity at a network of charging locations across our Building a 9 MW Heavy-Duty Truck Charging Project portfolio. At this scale, we will be able to help local utilities In late 2023 and early 2024, Prologis created North America’s largest heavy-duty truck charging project in Torrance, California. The improve grid resilience through vehicle-to-grid and load project is capable of using hydrogen as a fuel source and features innovative microgrid technology, up to 9 MW of EV charging capacity management services. (enough to charge nearly 100 trucks) and 18 MWh of energy storage. The project is one of the largest EV charging projects of its kind in the world, with best-in-class operational flexibility (provided via six 1.5 MW microgrids). It was delivered at an extraordinary pace, thanks, in large part, to a strong partnership with the Los Angeles Department of Water and Power, the City of Los Angeles and SoCalGas. This project is a testament to the power of collaboration and innovation, strategic partnerships, pioneering technology and forward- thinking approaches. It represents a new standard for electrified logistics hubs. 25