Prologis Inc, a leading global logistics company, has announced significant executive leadership changes effective January 1, 2024. As reported in the Form 8-K filed on November 15, 2023, Carter Andrus has been appointed as the new Chief Operating Officer (COO), and Joseph Ghazal has taken on the role of Chief Investment Officer (CIO). The former COO, Gary Anderson, has transitioned into a senior advisor role within the company. Both Andrus and Ghazal will receive an annual base salary of $600,000, with the potential for bonuses and incentive equity awards based on performance objectives aligned with those of other executive officers. These appointments are accompanied by a Change in Control and Noncompetition Agreement, as well as a waiver of retirement eligibility benefits, terms of which are consistent with those for other executives. These changes and agreements were formalized on January 1, 2024, and the relevant documents have been filed with the SEC as exhibits to the report.

Prologis Inc, a leading global logistics company, has announced significant executive leadership changes effective January 1, 2024. As reported in the Form 8-K filed on November 15, 2023, Carter Andrus has been appointed as the new Chief Operating Officer (COO), and Joseph Ghazal has taken on the role of Chief Investment Officer (CIO). The former COO, Gary Anderson, has transitioned into a senior advisor role within the company. Both Andrus and Ghazal will receive an annual base salary of $600,000, with the potential for bonuses and incentive equity awards based on performance objectives aligned with those of other executive officers. These appointments are accompanied by a Change in Control and Noncompetition Agreement, as well as a waiver of retirement eligibility benefits, terms of which are consistent with those for other executives. These changes and agreements were formalized on January 1, 2024, and the relevant documents have been filed with the SEC as exhibits to the report.