Prologis : Q2 2020 Investor Fact Sheet

As of 6/30/2020

Fact Sheet

U.S.	Europe	Asia
607 MSF	199 MSF	94 MSF
3,302 buildings	845 buildings	236 buildings
5,097 acres	3,229 acres	202 acres
Other
Americas
63 MSF
272 buildings
1,159 acres

1983	100GLOBAL	PLDNYSE
Founded	Most sustainable corporations, ranked 6th in the U.S.	S&P 500 member, #81
$136B	963MSF	A3/A-
Assets under management	On four continents	Credit rating

World-Class Platform

• Our business draws on consumption, supply chain modernization and e-commerce
• Irreplaceable portfolio focused on the world's most vibrant markets
• Longstanding relationships with diverse group of customers and premier institutional partners
• Strong balance sheet optimized for the future
• Business model designed to deliver superior results

Ahead of What's Next

Prologis, Inc., is the global leader in logistics real estate with a focus on high-barrier,high-growth markets. As of June 30, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 963 million square feet (89 million square meters) in 19 countries. Prologis leases modern logistics facilities to a diverse base of approximately 5,500 customers principally across two major categories: business-to-business and retail/online fulfillment.

Note: A securities rating is not a recommendation to buy, sell or hold securities and is subject to revision or withdrawal at any time by the rating agency

$2.2 TRILLION1

3.5%1

2.5%1 850,0001

Is the economic value of goods flowing through our distribution centers each year, representing

of GDP for the 19 countries	of the world's GDP	employees under
where we do business, and		Prologis' roofs

TYPE OF GOODS IN OUR BUILDING

TOP TEN CUSTOMERS

%, NRA basis

Consumer Goods

Food

Transport

Appliances

General Retailer

Clothing

Construction

Auto

Paper/Packaging

Home Goods

Industrial/Commodities

Healthcare

Data, other

0 1 2 3 4 5 6 7 8 9

CORE FFO* PER SHARE CAGR 2	1-YEAR	3-YEAR	5-YEAR
PLD (excluding promotes)	10%	10%	12%
Other Logistics REITs	5%	6%	6%
Blue Chips	3%	4%	6%
REIT Average	5%	5%	5%
S&P 500 Average	1%	11%	7%
DIVIDEND CAGR	1-YEAR	3-YEAR	5-YEAR
PLD (excluding promotes)	10%	8%	10%
Other Logistics REITs	6%	5%	6%
Blue Chips	4%	6%	8%
REIT Average	3%	5%	6%
S&P 500 Average	10%	7%	9%

1. Source: Oxford Economics, IMF, Prologis Research as of June 30, 2020.
2. Source: FactSet; Core FFO and Dividend growth through YE 2019, weighted on a market cap basis as of December 31, 2019.
3. • Other Logistics REITs include DRE, EGP, FR and STAG.
   • Blue Chips include AVB, BXP, EQR, FRT, HST, PSA, and SPG.
   • REIT average includes REITs in the RMZ as of 12/31/2019 with data for every year in each respective period.

* This is a non-GAAP financial measure.

Prologis Park Warsaw II, Warsaw, Poland

KEY RECOGNITION

Corporate Knights' 2019 Global 100

Ranked sixth in the U.S.

Harvard Business Review

Best-Performing CEOs in the World, Hamid Moghadam, ranked #17

Dow Jones Sustainability Indices Awarded to the top 20% of invited companies ranked in sustainability

NAREIT

Leader in the Light Award, Industrial

Institutional Investor's All-American Executive Teams

Top-ranked CEO, CFO and IR Program

INVESTOR RELATIONS

Tracy Ward

SVP, Investor Relations [phone] [e-mail]

MEDIA

Melissa Sachs

VP, Head of Global Corporate Communications [phone] [e-mail]

HOW TO CONTACT US

Prologis Headquarters

Pier 1, Bay 1

San Francisco, California 94111 USA

[phone] www.prologis.com

Investor Fact Sheet  |  Second Quarter 2020

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