Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 144

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 144
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 |     | $ |      4.61 |     | $ |      4.09 |     | $ |      3.58 |     | $ |      3.12 |     | $ |      2.89 |

| APPENDIX A: DEFINITIONS AND RECONCILIATIONS OF GAAP AND NON-GAAP FINANCIAL MEASURES |

See definition of Core FFO below in “Funds from Operations attributable to common stockholders and unitholders.” Compound Annual Growth Rate,also referred to as CAGR, is used to determine the annual growth rate over a specified period of time longer than one year. The compound annual growth is calculated by dividing the ending value by the beginning value and multiplying the result to the power of one divided by the number of years in the calculation and then subtracting one from the result. We determined the ten-yearcompound annual growth rate of our Core FFO per share at December 31, 2024, to be 11.5% by dividing the 2024 diluted Core FFO per share of $5.56 by 2014 diluted Core FFO per share of $1.88, then multiplying the result to the one-tenthpower and then subtracting one from the result. The Dow Jones Sustainability Indices (“DJSI”)are global sustainability indices offered cooperatively by RobecoSAM and S&P Dow Jones Indices, tracking the stock performance of companies in terms of economic, environmental and social criteria. Estimated Value Creationrepresents the value that we expect to create through our development and leasing activities. We calculate Estimated Value Creation by estimating the Stabilized NOI that the property will generate and applying a stabilized capitalization rate applicable to that property. Estimated Value Creation is calculated as the amount by which the value exceeds our TEI, including closing costs and taxes, if any, and does not include any fees or promotes we may earn. Estimated Weighted Average Marginis calculated on development properties as the Estimated Value Creation less estimated closing costs and taxes, if any, on properties expected to be sold or contributed, divided by the TEI. Fee Related Earnings (“FRE”)is a non-GAAPfinancial measure and component of NAV. It is used to assess the performance of our strategic capital business and enables management and investors to estimate the corresponding fair value. FRE is calculated as the third-party share of asset management fees and transactional fees from our consolidated and unconsolidated co-investmentventures, net of direct and allocated related expenses. As