Prologis Highlights Superior Data Center Platform With 5.8GW Power Pipeline As Key Advantage Over SEGRO In Proposed Combination

Prologis believes constructive engagement with Prologis remains the best path for the Board of SEGRO to maximise long-term value for SEGRO shareholders and wider stakeholders, for four compelling reasons:

1. Prologis brings both a superior platform and a larger data center opportunity
2. Prologis' platform creates advantages that cannot be replicated by SEGRO
3. SEGRO's public market valuation reflects its structural constraints
4. The strategic rationale is clear — constructive engagement creates the best outcome