Company: PLDGP
Filing Date: 2025-06-06
Form Type: 11-K
Source: 0000950170-25-083118
Chunk: 9

Company: Prologis, Inc.
Filing Date: 2025-06-06
Form: 11-K
Chunk 9
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 the related trust is tax exempt at December 31, 2024 and 2023. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax asset or liability if the Plan has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan, and has concluded that at December 31, 2024 and 2023, there were no uncertain positions taken that would require recognition of an asset or liability or disclosure in the financial statements. NOTE 5. PARTY-IN-INTEREST AND RELATED PARTY TRANSACTIONS Certain Plan investments represented shares of common stock of Prologis and self-directed brokerage accounts as of December 31, 2024 and 2023, respectively, that qualified as party-in-interest transactions. In 2024, there were approximately $3,300,000 and $3,800,000 of Prologis common stock purchased and sold, respectively, at historical cost. In 2023, there were approximately $36,800,000 and $3,400,000 of Prologis common stock purchased and sold, respectively, at historical cost. Included in the Prologis common stock purchased in 2023, was $34,200,000 of Prologis common stock transferred to the Prologis Plan as a result of the acquisition as further described in Note 1.

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PROLOGIS
401(k) SAVINGS PLAN

Notes to Financial Statements - Continued</div>

As discussed in Note 1, FMTC was the trustee in both 2024 and 2023, as defined by the Plan, and FWS serves as the record keeper to maintain the individual accounts of each Plan participant. In addition, the Plan invests in various funds managed by FMTC, certain fees were paid to FWS and the Plan provides for loans to participants, which are also party-in-interest transactions that are exempt from the prohibited transaction rules.

NOTE 6. RISKS AND UNCERTAINTIES

The Plan provides for various investment options in stocks and other investment securities. Investment securities, in general, are exposed to various risks, such as: significant world events and interest rate, credit and overall market volatility. The Plan may invest in securities with contractual cash flows, such as: asset backed securities, collateralized mortgage obligations and commercial mortgage-backed securities; including securities backed by subprime mortgage loans. The value, liquidity and related