Company: PLDGP
Filing Date: 2025-08-15
Form Type: S-3ASR
Source: 0001104659-25-079231
Chunk: 220

Company: Prologis, Inc.
Filing Date: 2025-08-15
Form: S-3ASR
Chunk 220
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 not otherwise have been required to pay additional corporate-level taxes as a result of the related audit adjustment.

#### Taxation of Our Stockholders
The following summary describes certain of the United States federal income tax consequences of owning and disposing of our capital stock. This summary assumes that you hold our stock as a “capital asset” within the meaning of the Code (generally, property held for investment).

This summary does not deal with all aspects of federal income taxation that may affect particular holders of capital stock in light of their individual circumstances, or with holders subject to special treatment under the federal income tax laws, including:

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insurance companies;

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tax-exempt organizations;

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financial institutions or broker-dealers;

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traders in securities that elect to mark to market;

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holders owning our capital stock as part of a “straddle,” “hedge,” “conversion” or other risk reduction transaction;

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holders whose functional currency is not the United States dollar;

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holders subject to the alternative minimum tax;

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persons deemed to sell our capital stock under the constructive sale provisions of the Code;

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“S” corporations;

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partnerships and persons holding our capital stock through an entity treated as a partnership for federal income tax purposes;

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expatriates;

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REITs or regulated investment companies;

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holders who acquire our capital stock as compensation; and

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except as specifically provided below, non-United States stockholders (as defined below).

#### Taxable United States Stockholders
If you are a “United States stockholder,” as defined below, this section applies to you. Otherwise, the next section, “Non-United States Stockholders,” applies to you.

Definition of a United States Stockholder. A “United States stockholder” is a beneficial holder of capital stock who is, for United States federal income tax purposes:

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a citizen or resident of the United States;

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a corporation, partnership or other entity created or organized in or under the laws of the United States or of any state or in the District of Columbia, unless, in the case of a partnership, Treasury regulations provide otherwise;

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an estate which is required to pay United States federal income tax regardless of the source of its income; or

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a trust if a United States court can exercise primary supervision over the administration of such trust and one or more United States persons have authority to control all substantial decisions of such trust, or if such trust has a valid election in place to be treated as a United