FIBRA Prologis (FIBRAPL 14) investor relations material

Portfolio profile

• Assets under management of US$9.7B, 352 buildings and 339 customers; 3Q26 net operating income was US$145M and total return since IPO was +440%.

• Operating portfolio totaled 66.6 MSF across 352 properties in six markets; period-end occupancy was 96.5% and average occupancy was 95.1% at September 30, 2026.

• Market footprint included Mexico City at 24.6 MSF, Ciudad Juárez at 12.2 MSF, Monterrey at 8.4 MSF, Tijuana at 8.3 MSF, Guadalajara at 7.5 MSF and Reynosa at 5.6 MSF.

Market and demand backdrop

• Market vacancy was 7.1% in 3Q26, up 10 bps QoQ; Mexico City and Guadalajara vacancy fell 50 bps and 60 bps, while manufacturing-oriented markets increased 45 bps on average.

• Supply pipeline declined 34% to 14.7 MSF, the lowest since 2Q20; 6.0 MSF was pre-leased, and construction starts were 4.8 MSF versus 9.0 MSF of quarterly new leasing.

• Mexico e-commerce sales are forecast to grow 69% from 2025 to 2029; e-commerce requires 3x the logistics space of brick-and-mortar retail.

Customers and embedded growth

• Customer mix by NER: manufacturing 50%, 3PL 24%, other logistics 17% and e-commerce 9%; top 10 customers contributed 24.3% of NER.

• Multinational companies accounted for 74.7% of customers; the portfolio had 339 customers and 497 leases at September 30, 2026.

• Market rent spread to in-place rent was 24.4%; average in-place rent was $7.97/SF versus estimated market rent of $9.80/SF.

• Average remaining lease term was ~36.3 months; 33.6% of GLA expires thereafter, with 2026–2030 expiries ranging from 8.8% to 18.7% annually.