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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

€18,832.2M

Net Market Value

€5,196.7M

Outstanding Debt

24.7%

Loan-To-Value

785

Properties in 12 Countries

15.0M

Square Metres

97.7%

Percent Occupied

73.5%

Customer Retention YTD

Data as of 30 September 2023. Loan-to-Value based on Gross Market Values. Percent Occupied refers to the occupancy of the Operating Portfolio.

Issuers

Prologis European Logistics Fund, FCP-FIS (“PELF” or "Fund") acts as guarantor for the EUR 10,000,000,000 Guaranteed Euro Medium Term Note Programme (the “Programme”) with Prologis International Funding II S.A. and Prologis International Funding IV S.A. both acting as issuers (the "Issuers"). The Issuers are wholly-owned subsidiaries of PELF. The Fund is a €19 billion open-ended fund with a portfolio of 15.0 million square metres across 12 countries. PELF has A- / A3 credit rating¹ by S&P and Moody's respectively. As at 30 September 2023, Prologis, Inc. holds 23.9 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