Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 52

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 52
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5% |                |     | $ |   633,700 |             |     | —(6) |                            |
| Edward Nekritz |     | $ |   845,000 |                |     | 84.5% |                |     | $ |   714,000 |             |     | -34% |                            |

| (1) | Due to customer requirements and/or the limitations of certain co-development agreements, a small number of projects are ineligible to receive a sustainable certification. |

| (2) | A securities rating is not a recommendation to buy, sell or hold securities and is subject to revision or withdrawal at any time by the rating organization. |

| (3) | AMB Property Corporation, which merged with ProLogis in 2011 to create the current company, completed its IPO in 1997. |

| (4) | Target bonus levels are based on salary for the year or, in the case of Mr. Moghadam, based on $1,000,000. |

| (5) | Our corporate score equals 84.5% of target. Generally, the Committee determines individual scores based on assessments of individual contributions to our business plan in each of the categories described above. Individual scores for Messrs. Moghadam, Arndt, Letter, Ghazal, Andrus and Nekritz are each 84.5% of target. Corporate scores are weighted 80%, and individual scores are weighted 20% for all NEOs. Percentages are rounded. |

| (6) | Compensation for Mr. Ghazal and Mr. Andrus was not reported in 2023. |

| COMPENSATION DISCUSSION AND ANALYSIS |

2024 Core Compensation: Annual LTI Equity Awards The Committee simplified our annual equity program in 2024 and ceased granting new POP awards to NEOs. In 2024, the Committee replaced our prior LTI equity award program (1)with a new design that is more consistent with conventional market practice but also incorporates above-index rigor and longer-than-market vesting terms. In response to stockholder feedback signaling a preference for a single equity plan tied to TSR performance, the Committee stopped granting new awards to NEOs under our POP program. (1)Beginning with the performance-based LTI equity awards granted in 2024 for the forward looking 2024-2026 performance period (the “2024 Forward-Looking LTI Equity Awards”), TSR-basedequity awards will