Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 116

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 116
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 are credited with hypothetical earnings or charged with hypothetical losses associated with the underlying hypothetical investments. Upon her retirement from the Board, Ms. Kennard is entitled to the excess, if any, of the value in her notional earnings account (representing the value of the initial account credit plus cumulative earnings or losses associated with the underlying hypothetical investments, if any) over her initial account credit value. The initial account credit values for Ms. Kennard was $49,023. As of December 31, 2024, the value of the notional earnings account exceeded the initial credit value for Ms. Kennard by $77,248, including an increase attributable to 2024 of $18,618. See discussion of our deferred compensation plans in the narrative that follows the Nonqualified Deferred Compensation in Fiscal Year 2024 table above under “Executive Compensation.” ProLogis Deferred Fee Plan for Trustees This plan, which was assumed by us in the Merger, allowed members of the Trust’s board to receive their fees currently or elect to defer the receipt of their fees until after their board service ended. Deferrals were in the form of cash or Trust common shares. For those choosing shares, fees earned were credited to hypothetical fee deferral accounts based on the closing price of the common shares as of the date of the deferral. Under the Merger agreement, the Trust common shares in the deferral account were converted to our common stock using the Merger exchange ratio. Each share in the hypothetical account represents one share of our common stock and earns dividends under the same terms as dividends paid on our common stock. Upon retirement from the Board, the participant will be issued the shares of common stock included in their hypothetical fee deferral account pursuant to specific deferral elections, which generally delay payment until the next fiscal year after service on the Board ends. No additional deferrals could be made under this plan after December 31, 2011. Mr. Fotiades participated in this plan at the time of the Merger. As of December 31, 2024, including amounts earned as dividends, Mr. Fotiades had a balance of 27,983 shares in his hypothetical fee deferral account.

| DIRECTOR COMPENSATION |

Director Compensation for Fiscal Year 2024*

| Name (a)           |     |   |         |  Fees Earned or 
 Paid in Cash(1) 
             ($) 
             (b) |     |   |         | Stock Awards 
          ($) 
          (c) |