Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 48

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 48
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4)                                                      |     |           |     |                 |              |     |              |     |                      |              |     |                   |
| Third-Party Governance and Management Ratings Composite Index                |     | 2%        |     |                 |          95% |     |         100% |     |                      |         105% |     |            104.5% |
| Total category score                                                         |     |           |     |                 |              |     |              |     |                      |              |     |    142% of target |

| (1) | Measured by the percentage of warehouse, office and mezzanine office net rentable area that has, or is designated to have, LED lighting in eligible new developments and redevelopments that stabilized in 2024. |

| (2) | Due to customer requirements and/or the limitations of certain co-development agreements, a small number of projects are ineligible to receive a sustainable certification. |

| (3) | Culture & Talent Composite Score consists of three equal components: employee engagement composite score (1/3), regrettable turnover (1/3) and progress in expanding the pool of high-level talent (1/3). |

| (4) | Composite of the non-remuneration governance and/or management components of three prominent third-party ratings (each weighted 1/3). We achieved the target score we set with respect to one of these ratings and achieved the stretch goal with respect to the other two ratings. Methodologies used by the third-party governance assessments are subject to change at the discretion of the applicable third-party and are not controlled by Prologis, so governance score targets may not reflect an increase over prior year’s performance. |

| (5) | For comparison, actual 2023 performance for metrics that were included in the 2023 bonus scorecard: % of New Eligible Developments Certified Sustainable (LEED or equivalent) (97%); Culture & Talent Composite Score (109%); Volunteer Hours (16,406). |

| As with other metrics in our bonus scorecard, Environmental Sustainability, Company Culture and Corporate Governance metrics are determined on a year-to-year basis using available projections of the coming year at the time the metrics are set and are based on our then-current portfolio of assets, which changes from year to year. Because of changes in the assets that comprise our portfolio, targets set for such metrics might not reflect an increase from prior years’ performance. |

| In 2024, we modified