| * | 
If the form is filed by more than one reporting person, see Instruction 5(b)(v). | 
| ** | 
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | 
| (1) | 
Held indirectly in a trust of which the reporting person is the trustee and beneficiary. | 
| (2) | 
Held indirectly in a trust of which the reporting person's spouse is the trustee and beneficiary. | 
| (3) | 
Restricted Stock Units ("RSUs") vest 34% on February 5, 2014 and 33% on each of February 5, 2015  and 2016.  The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis.  RSUs have no exercise price or expiration date. | 
| (4) | 
Restricted Stock Units ("RSUs") vest 40% on each of February 5, 2014 and 2015 and 20% on February 5, 2016. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. | 
| (5) | 
Restricted Stock Units ("RSUs") vest 50% on each of February 1, 2014 and 2015. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. | 
| (6) | 
Restricted Stock Units ("RSUs") vest on June 3, 2014. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. | 
| (7) | 
Restricted Stock Units ("RSUs") vest on January 28, 2014. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. | 
| (8) | 
Restricted Stock Units ("RSUs") vest 50% on each of September 8, 2013 and 2014. The RSUs convert into Prologis common stock upon vesting on a 1-for-1 basis. RSUs have no exercise price or expiration date. |