Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 143

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 143
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 end of a prescribed time period to an annualized basis. Asset Management Feesrepresents the third-party share of asset management and transactional fees from both consolidated and unconsolidated co-investmentventures. Assets Under Management (“AUM”)represents the estimated fair value of the real estate we own or manage through both our consolidated and unconsolidated entities. We calculate AUM by adding Investment Capacity and the third-party investors’ share of the estimated fair value of the assets in the co-investmentventures to enterprise value (calculated as market equity plus our share of total debt). Calculation of Per Share Amounts (in thousands, except per share amounts):

| Net earnings                                                                   |     |   |      2024 |     |   |      2023 |     |   |      2022 |     |   |      2021 |     |   |      2020 |     |   |      2019 |     |   |      2018 |
|:-------------------------------------------------------------------------------|:----|:--|----------:|:----|:--|----------:|:----|:--|----------:|:----|:--|----------:|:----|:--|----------:|:----|:--|----------:|:----|:--|----------:|
| Net earnings                                                                   |     | $ | 3,725,754 |     | $ | 3,053,373 |     | $ | 3,358,796 |     | $ | 2,933,571 |     | $ | 1,473,122 |     | $ | 1,566,950 |     | $ | 1,643,426 |
| Noncontrolling interest attributable to exchangeable limited partnership units |     |   |    94,052 |     |   |    77,806 |     |   |    92,236 |     |   |    82,092 |     |   |    41,938 |     |   |    46,986 |     |   |    49,743 |
| Adjusted net earnings attributable to common stockholders—Diluted              |     | $ | 3,819,806 |     | $ | 3,131,179 |     | $ | 3,451,032 |     | $ | 3,015,663 |     | $ | 1,515,060 |     | $ |