Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 41

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 41
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-business (B2B) technology companies that better reflect the full scope of our business and targeted talent pools. |

| l |     | Our peer group includes 20 companies of appropriate size, with revenues generally 0.3 to 2.3 times our FY 2023 revenues and market capitalizations from 0.05 to 2 times our market capitalization.(1) Prologis was in the 55th and 71st percentiles of the group’s revenue and market capitalization, respectively. |

| l |     | In 2024, we added BlackRock, Inc. to our peer group. The Committee determined that BlackRock is a relevant business and talent competitor—including based on its expanded involvement in alternative investment products, such as real estate—and is appropriate from a revenue and market capitalization perspective. This addition did not materially alter the Committee’s pay determinations for 2024. |

| REITs                                                                                                              |     | Financial Services & Asset Management                                                                                                                                                                              |     | B2B Technology                                                                                                                                                    |
| l   American Tower Corporation   l   Crown Castle Inc.   l   Equinix, Inc.   l   Ventas, Inc.   l   Welltower Inc. |     | l   BlackRock, Inc.   l   The Carlyle Group Inc.   l   Evercore Inc.   l   Jefferies Financial Group Inc.   l   Lazard, Inc.   l   Northern Trust Corporation   l   S&P Global Inc.   l   State Street Corporation |     | l   Adobe, Inc.   l   Automatic Data Processing, Inc.   l   Global Payments Inc.   l   Intuit Inc.   l   Paychex, Inc.   l   ServiceNow, Inc.   l   Workday, Inc. |

| (1) | Market capitalization of Prologis and peers as of November 15, 2024, the most recent data available when the Committee performed its last analysis in 2024