Material Event (Form 8-K)

On June 24, 2026, Prologis, Inc. ("Prologis") announced that it sent a letter to the Board of SEGRO plc ("SEGRO") on June 16, 2026 setting out the terms of an indicative proposal, pursuant to which Prologis would acquire the entire issued and to be issued share capital of SEGRO in an transaction (the "Combination"). On June 23, 2026, the Board of SEGRO unequivocally rejected the Combination proposal. Prologis' announcement urged SEGRO shareholders to encourage the SEGRO Board to engage with Prologis to allow a binding offer to be put to SEGRO shareholders for their consideration.

In accordance with Rule 2.6(a) of the United Kingdom City Code on Takeovers and Mergers (the "Code"), Prologis is required, by not later than 5:00 pm (London time) on July 22, 2026, to either announce a firm intention to make an offer for SEGRO in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for SEGRO.