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About Prologis European Logistics Fund

Prologis European Logistics Fund, FCP-FIS (the “Fund”) was formed in August 2007 as an open-ended vehicle with the purpose of owning and operating core industrial distribution properties across Europe.

PELF Fund Overview

€14,094.8M

Net Market Value

€2,982.1M

Outstanding Debt

19.4%

Loan-To-Value

545

Properties in 12 Countries

11.9M

Square Metres

96.1%

Percent Occupied

85.1%

Customer Retention YTD

Data as of 31 March 2021. Loan-to-Value based on Gross Market Values. Percent Occupied refers to the occupancy of the Operating Portfolio.

Prologis International Funding II S.A.

Prologis European Logistics Fund, FCP-FIS (“PELF”) acts as guarantor under the Prologis International Funding II S.A. EUR 5,000,000,000 Guaranteed Euro Medium Term Note Programme (the “Programme”). Prologis International Funding II S.A. is a wholly-owned subsidiary of PELF. The Fund is a €14 billion open-ended fund with a portfolio of 11.9 million square metres across 12 countries. PELF has A- / A3 credit rating¹ by S&P and Moody's respectively. As at 31 March 2021, Prologis, Inc. holds 23.7 per cent of PELF.

Notes issued under the Programme are, and may in the future be, listed on the Euro MTF market of the Luxembourg Stock Exchange.

¹A securities rating is not a recommendation to buy, sell or hold securities and is subject to revision or withdrawal at any time by the rating organisation