Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 47

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 47
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 |       |              |                      |     |       |              |     | 83% of target |                   |

| (1) | “Build-to-Suit” refers to the process by which Prologis builds a facility that is pre-leased to a certain customer, derisking the value creation effort. This metric measures the aggregate dollar value of Prologis’ Total Expected Investment (TEI) in such projects. |

| (2) | For comparison, actual 2023 performance for metrics that were included in the 2023 bonus scorecard: Development Stabilizations ($3.62B); Development Stabilizations — Margin (28.7%); Build-to-Suit Volume ($2B). |

| (3) | Performance targets and scored 2024 performance for Deployment and Development Stabilizations metrics use a constant foreign currency rate and are calculated on an owned and managed ownership basis inclusive of our co-investments and joint ventures. |

| COMPENSATION DISCUSSION AND ANALYSIS |

| STRATEGIC CAPITAL           
 Key performance metric      |     |     | Metric    
 weighting |     | WEIGHTED AT 15% |   |    | Threshold    
 performance  
 50% of       
 target bonus |     |   |    | Target       
 performance  
 100% of      
 target bonus |     | BELOW TARGET OVERALL |   |    | Stretch      
 performance  
 200% of      
 target bonus |     |   |                 | Scored 2024    
 performance(2) |
|:----------------------------|:----|:----|:----------|:----|:----------------|:--|:---|:-------------|:----|:--|:---|:-------------|:----|:---------------------|:--|:---|:-------------|:----|:--|:----------------|:---------------|
| Third-Party Equity Raise(1) |     | 15% |           |     |                 | $ | 3B |              |     | $ | 4B |              |     |                      | $ | 5B |              |     | $ | 2.61B           |                |
| Total category score        |     |     |           |     |                 |   |    |              |     |   |    |              |     |                      |   |    |              |     |   | Below threshold |                |

| (1) | Includes contracted equity commitments from third parties to Strategic Capital vehicles. Performance targets and scored