Prologis, Inc. — Director's Dealing 2025

May 6, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Prologis, Inc. (PLD)
CIK: 0001045609
Period of Report: 2025-05-04

Reporting Person: KENNARD LYDIA H (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-05-04	Common Stock	M	1617	—	Acquired	32429	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-05-04	Deferred Stock Units and Dividend Equivalent Units-NQDC	$0	M	1617.9289	Disposed		Common Stock (1617.9289)	Direct

Footnotes

F1: Conversion of Deferred Stock Units (DSUs) and Dividend Equivalent Units (DEUs) that were deferred under the Prologis, Inc. Nonqualified Deferred Compensation Plan (the NQDC Plan). Original grant terms provided for
release of shares on the earlier of (a) the third anniversary of the Grant Date (May 4, 2022) or (b) the first annual meeting of the stockholders of Prologis. Shares were released on May 4, 2025. DSUs and DEUs convert into
Prologis common stock upon vesting on a 1-for-1 basis and have no exercise price or expiration date.