Company: PLDGP
Filing Date: 2025-03-28
Form Type: DEF 14A
Source: 0001193125-25-067058
Chunk: 24

Company: Prologis, Inc.
Filing Date: 2025-03-28
Form: DEF 14A
Chunk 24
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| l |     | Executive management committee meetings focused on strategic risks. |

| l |     | A structured approach to capital deployment vetted through weekly investment committee meetings, including assessments of sustainability profile, resilience and natural disaster/weather/climate change risks. |

| l |     | Management of one of the strongest balance sheets in the REIT industry, achieved by lowering our financial risk and foreign currency exposure. |

| l |     | Rigorous internal and third-party audits assessing the company’s controls and procedures. |

| l |     | A centralized team dedicated to managing risk globally and staying closely engaged with Prologis’ teams at the individual market level. |

Climate risk We assess natural hazard and climate risks across our portfolio. Our risk management team works to ensure we have sufficient insurance coverage and protection for our buildings. We also partner with a global reinsurance company to evaluate future climate scenarios and determine which actions we should take. This evaluation is based on underwriting data, a significant improvement over the traditional catastrophe modeling and flood zone data used by many other organizations. Based on this evaluation, we take a range of actions that can include improving the physical resilience of our buildings, reviewing and improving disaster response plans, and other measures. Because of our long-term planning, resilience measures and diverse portfolio footprint, we believe our climate risk is well managed. Cybersecurity Our chief technology officer, who reports directly to our CEO, has over 25 years of experience in information technology (“IT”), specifically infrastructure, information security and fraud and identity solutions at large global companies. Our vice president of IT governance has over 20 years of experience in various information security roles. Together, they oversee and lead our information security program and our business strategy, financial planning and capital allocation around our cybersecurity risk management and governance practices. They report to the Audit Committee/Board at least annually and as necessary when incidents arise in accordance with our cybersecurity incident communication protocols. They also conduct annual information security compliance training. The Prologis Information Security Policy is governed by the NIST Cybersecurity Framework (CSF) and includes mandatory annual training for all employees. Prologis’ cybersecurity posture is reviewed and benchmarked against its peers through regular participation in a third-party security benchmarking survey. Our IT infrastructure is externally audited as part of our Sarbanes Oxley audit process, and our controls include information security standards. In addition, we maintain standalone cybersecurity insurance. To our knowledge, we have not experienced a material breach in information security.

| BOARD OF DIRECTORS AND CORPORATE GOVERNANCE |