Prologis Investor Relations Update

INVESTOR RELATIONS Technology and demographics are transforming retail PROLOGIS E-COMMERCE SALES, GLOBAL¹ $, trillions 4.0 26.4 3.5 25.0 23.6 22.2 3.0 21.0 2.5 2.0 1.5 1.0 3.6 0.5 0.0 2010 12 14 16 18 20 22F 2024F 1. Source: Euromonitor, Prologis Research. 2. Source: Internet Retailer, company 2020 10K filings, Prologis Research. 3. Growth from 2010 through 2025. Based on PLD Research's forecast. E-COMMERCE SUPPLY CHAIN EFFICIENCY² SALES GROWTH³ 2010-2025F SALES US$, B SPACE MSF EFFICIENCY SF / $1B Online +1,020% 234 265 15 1,174K ± 3x Brick-and- mortar +16% 1,343 449 334K 5

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