Letter s  Overview   Ahead of What’s Next  Sustainable Logistics   Our Inspired People  Resilient Communities   Appendix Goals and progress GOAL 2023 PROGRESS STATUS Our goals demonstrate ambition, create accountability and drive integration with our business strategy. They are Net-zero emissions. Achieve net-zero greenhouse gas emissions Reduced Scope 1 emissions by 25%, Scope 2 aligned with the following targets within the UN Sustainable across our value chain by 2040 from a 2019 baseline. This goal has emissions by 99%, 1 and Scope 3 emissions by 29% On track Development Goals (SDGs): been validated by the Science Based Targets initiative. from our 2019 baseline. Renewable energy. Achieve 1 GW of installed solar and storage Our Renewable energy, Building capacity by 2025. Achieved 506 MW of installed capacity. 2 On track certifications and LED lighting goals are aligned with UNSDGs 7 and 9: − Reliance on clean fuels and technology; Building certifications. Achieve a sustainable certification for Achieved, or in progress of achieving, sustainable On track − Renewable energy consumption; and every eligible 3 new development and redevelopment. building certifications for 96% of eligible 3 projects. − CO 2 emissions per unit of value added . LED lighting. Install LED lighting across 100% of new Achieved LED lighting across 74% of our portfolio. developments and redevelopments each year and across 80% We will begin reporting on LED lighting in new On track o f our portfolio by 2025. 4 developments in our 2025 ESG report. 4 Workforce inclusion. Achieve two DEIB certifications by 2025: Completed a baseline assessment and submitted Our Logistics workforce training and Management Leadership for Tomorrow’s “Black Equity at Work” initial goals for the certification process. On track Workforce inclusion goals are aligned with a nd “Hispanic Equity at Work.” UNSDG 10: Community engagement. Achieve 75,000 hours of volunteer time − Growth rate of household income; supporting our local communities around the globe by 2025 (2019 Donated 16,400 hours in 2023, bringing our total to On track − Population living below median income; and baseline). approximately 54,500 hours donated since 2019. − Population experiencing discrimination . Logistics workforce training. Train 25,000 people in logistics by Trained 8,760 people in 2023, reaching 29,700 Our Net-zero emissions goal is aligned with 2025 (2018 baseline) through our Community Workforce Initiative. people by year-end 2023 and achieving our goal Achieved two years early. UNSDG 13: − Total annual greenhouse gas emissions. Ethics. Train 100% of our employees in ethics each year. 100% of our employees completed ethics training. Achieved 1. Market based, achieved through the purchase of RECs. 2. Across our owned and managed portfolio. 3. Includes projects approved from June 2021. Due to customer requirements and/or the limitations of certain co-development agreements, a small number of projects are ineligible to receive a sustainable building certification. 4. We have updated our LED lighting goal to allow time to convert newly acquired properties to LED. Across our owned and managed operating properties. Data from a portfolio of properties acquired in June 2023 will be included in our 2024-25 ESG report. 9