Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 3

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 3
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 sustainability and impact while providing a measure of accountability for our progress.                                       |     | l  Financial risk oversight: Evidenced by our A2/A credit ratings.(3)   l  Operational risk oversight: Annual enterprise-level risk analyses with Board, climate risk assessment platform, cybersecurity risk assessment framework, rigorous investment committee processes and local team property-level management.   l  Reputational risk oversight: Extensive employee learning and development platform, requiring ethics, Foreign Corrupt Practices Act (FCPA), cybersecurity and other training. |

| (1) | See “Additional Information” for further detail on proxy access. |

| (2) | Our Governance Guidelines provide that directors will not be nominated or appointed to the Board if they are, or would be, 75 years old or older at the time of the election or appointment. The Board granted Mr. Lyons a waiver in 2025 as part of our overall succession planning. See page 9. |

| (3) | Ratings by Moody’s/S&P. A securities rating is not a recommendation to buy, sell or hold securities and is subject to withdrawal at any time by the rating agency. |

| BOARD OF DIRECTORS AND CORPORATE GOVERNANCE |

PROPOSAL 1 Election of Directors The Board is currently composed of 12 directors, all of whom, other than Carl B. Webb, are standing to be elected to the Board at the 2025 Annual Meeting. Sarah A. Slusser, a new director nominee, is also standing to be elected to the Board at the 2025 Annual Meeting. If elected, each individual will hold office until the 2026 Annual Meeting and until their successors are duly elected and qualified.

| l |     | The 12 nominees for election to the Board at the 2025 Annual Meeting, all proposed by the Board, are listed below in the section titled “Director Nominees,” along with brief biographies. |

| l |     | The Board has affirmatively determined that all of our director nominees, aside from Hamid Moghadam and Daniel Letter, are independent directors in accordance with New York Stock Exchange (“NYSE”) rules, our Governance Guidelines and our Bylaws. |

| l |     | We do not know of any reason why any nominee would be unable or unwilling to serve as a director if elected. However, if a nominee becomes unable to serve or will not serve, proxies may be voted for the election of such other person nominated by the