Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 69

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 69
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 we value equity awards is included in the narrative discussion that follows the Grants of Plan-Based Awards in Fiscal Year 2024 table below. Our prior backward-looking annual LTI equity award program is discussed below in the narrative that follows the “Grants of Plan-Based Awards in Fiscal Year 2024” table. POP: The values in column (e) of the Summary Compensation Table include the NEO’s allocation of the estimated compensation pool value awarded under POP. This value is included in the NEO’s compensation even though there is no assurance that the value of the allocation will ever be realized by the NEO.

| l |     | 2023 (2023-2025 Performance Period): Values of the allocation as of the date of the allocation (January 1, 2023) were: Mr. Moghadam ($4,245,000), Mr. Arndt ($707,500), Mr. Letter ($990,500) and Mr. Nekritz ($1,132,000). |

| l |     | 2022 (2022-2024 Performance Period): Values of the allocation as of the date of the allocation (January 3, 2022) were: Mr. Moghadam ($4,560,000), Mr. Arndt ($456,000) and Mr. Nekritz ($1,824,000). |

POP and the exchange of the compensation pool allocation for POP LTIP Units are discussed below in the narrative that follows the “Grants of Plan-Based Awards in Fiscal Year 2024” table.

| (7) | Awards in the form of cash and/or equity awards were granted to participating employees, including all of the NEOs, in February 2024, September 2024, May 2023, August 2023 and December 2022 under PPP. The value of the equity portion of the award is included in column (e) of the Summary Compensation Table based on the fair value on the grant date of the equity awards. The cash portion of the award is included in column (g). Because it is not possible to determine whether any incentive fees or promotes will be received in future years, only awards resulting from compensation pools that have funded are included in the compensation of the NEOs. All PPP awards paid in 2024, 2023 and 2022 vest over four years. |

| l |     | PPP awards paid in 2024: All NEO 2024 PPP awards were paid in the form of equity (in aggregate