Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 102

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 102
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 |            |     | $ |  10,596,954 |                                                           |
| Total Estimated Value                        |     | $ |  10,946,954 |       |     | $ |  10,596,954 |            |     | $ |  13,413,289 |                                                           |

| (1) | Cause is generally defined in the CIC Agreements as: (i) the willful and continued failure by the executive to substantially perform specified duties; (ii) the engaging in conduct that is demonstrably injurious to the company (monetarily or otherwise); or (iii) the engaging in egregious misconduct involving serious moral turpitude. Termination by employee for good reason, as generally defined in the CIC Agreements, can occur should we: (i) change the executive’s duties such that they are inconsistent with the position held prior to the change in control and results in a material diminution in the executive’s authority, duties or responsibilities; (ii) material reduction in the executive’s annual base compensation after the change in control; (iii) relocate the executive’s place of employment more than 50 miles from the current location or require the executive to be based anywhere other than where the executive was based prior to the change in control without the executive’s written consent resulting in a material change to geographic location; or (iv) not comply with the provisions of the agreements or arrangements pertaining to the officer’s compensation and benefits. |

| POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL |

| (2) | Under the death and disability scenarios contained in the CIC Agreements, the NEO would receive a cash severance payment equal to his annual base salary plus the annual bonus amount that he received or was entitled to receive for the most recent annual period (target level for 2024) less amounts that would be paid to the executive from other company benefits. The starting amount under each scenario ($2,500,000 for Mr. Moghadam, $1,430,000 for Mr. Arndt, $1,610,000 for Mr. Letter, $1,495,000 for Mr. Nekritz and $1,350,000 for Mr. Ghazal and Mr. Andrus) is based on the executive’s annual base salary (or in the case of Mr. Moghadam, salary plus any equity compensation paid in lieu of salary) as of December 31, 2024 ($1,000,000 for Mr.