Company: PLDGP
Filing Date: 2025-10-03
Form Type: 424B3
Source: 0001104659-25-096724
Chunk: 11

Company: Prologis, Inc.
Filing Date: 2025-10-03
Form: 424B3
Chunk 11
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 all limited partners other than preferred limited partners.                                                                                                                                                                                                                                                                      | ​ |
| ​ | ​                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | ​ | ​ | However, we may transfer or assign our general partner interest in connection with a merger, consolidation or sale of substantially all of our assets without limited partner consent if the conditions described under “Description of Certain Provisions of the Partnership Agreement of Prologis, L.P. — Removal of the General Partner; Transferability of Our Interests; Treatment of Limited Partnership Units in Significant Transactions” in the accompanying prospectus are met. These conditions generally relate to receipt by the common limited partners of property that the partner would have received had it exchanged its common limited partnership units for shares of common stock immediately prior to the transaction. | ​ |
| ​ | Compensation, Fees and Distributions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | ​ |
| ​ | We do not receive any compensation for our services as general partner of the Operating Partnership. As a partner in the Operating Partnership, however, we have the same right to allocations and distributions as other partners of the Operating Partnership. In addition, the Operating Partnership will reimburse us for all expenses we incur relating to our activities as general partner, our continued existence and qualification as a REIT and all other liabilities that we incur in connection with the pursuit of our | ​ | ​ | Our officers and outside directors receive compensation for their services.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | ​ |

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TABLE OF CONTENTS

| ​ | Prologis, L.P.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ | ​ | Prologis, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | ​ | ​ |   |   |
| ​ | business and affairs. The Operating Partnership will reimburse us for all expenses incurred relating to our ongoing operation and any issuance of additional partnership interests in the Operating Partnership. These expenses include those incurred in connection with the administration and activities of the Operating Partnership, such as the maintenance of the Operating Partnership’s books and records, management of the Operating Partnership’s property and assets, and preparation of information regarding the Operating Partnership provided to the partners in the preparation of their individual tax returns. Except as expressly permitted by the partnership agreement, however, our affiliates will not engage in any transactions with the Operating Partnership except on terms that are fair and reasonable to the Operating Partnership and no less favorable to the Operating Partnership than it would obtain from an unaffiliated third party. | ​ | ​