Prologis, Inc. and its operating partnership, Prologis, L.P., entered into a new Equity Distribution Agreement on October 30, 2026. This agreement replaces the company’s existing at-the-market program established on May 5, 2020.
Under the new agreement, the company and the operating partnership have appointed a group of financial institutions to act as sales agents. The appointed managers include Academy Securities, Inc., BBVA Securities Inc., BNP Paribas Securities Corp., BNY Mellon Capital Markets, LLC, BofA Securities, Inc., BTIG, LLC, Citigroup Global Markets Inc., Credit Agricole Securities (USA) Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., ING Financial Markets LLC, Jefferies LLC, J.P. Morgan Securities LLC, Loop Capital Markets LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, MUFG Securities Americas Inc., Nomura Securities International, Inc., RBC Capital Markets, LLC, Regions Securities LLC, Samuel A. Ramirez & Company, Inc., Santander US Capital Markets LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., TD Securities (USA) LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC.
The agreement authorizes the sale of shares of Prologis, Inc. common stock, with a par value of $0.01 per share. The aggregate offering price of the shares is set at up to $5,000,000,000. The shares are to be offered and sold pursuant to the company’s shelf registration statement on Form S-3, which became effective on August 15, 2025, and a prospectus supplement dated October 30, 2026.
