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FIBRA Prologis Announces Changes in its Technical Committee

FIBRA Prologis (BMV: FIBRAPL 14), a prominent player in the Class-A industrial real estate sector in Mexico, has recently made notable adjustments within its Technical Committee. Effective immediately, the committee welcomes Christopher Burns, North America Development Head at Prologis, as a new non-independent member, while Joseph Ghazal, former Director of Investments at Prologis and an existing non-independent member, will conclude his tenure.

The Technical Committee is an essential component for FIBRA Prologis, comprising several independent and non-independent members tasked with guiding the trust’s operations and strategic direction. The current composition includes five non-independent members and six independent members:

• - Independent Members

- Alberto Saavedra
- Miguel Alvarez del Rio
- Monica Flores
- Carlos Elizondo
- Gonzalo Portilla
- Katia Eschenbach

• - Non-Independent Members

- Armando Fregozo
- Deborah Briones
- Carter Andrus
- Christopher Burns
- Nick Kittredge

In a statement, Héctor Ibarzabal, CEO of FIBRA Prologis, expressed enthusiasm about Christopher Burns joining the committee. He noted that Burns’ expertise will serve as a significant contribution to their ongoing initiatives. Ibarzabal also extended gratitude to Joseph Ghazal for his invaluable leadership and contributions that played a key role in defining the organization’s strategic framework and fostering growth.

Profile of FIBRA Prologis

FIBRA Prologis operates as a trust specializing in the investment and management of Class-A industrial properties in Mexico. As of March 31, 2026, the company emphasizes a robust portfolio consisting of 516 investment properties, totaling approximately 86.9 million square feet (or 8.1 million square meters). This portfolio includes a diverse range of 350 strategically located buildings for logistics and manufacturing across six primary industrial markets in Mexico, representing around 65.8 million square feet (6.1 million square meters) of Gross Leasable Area (GLA). Additionally, it encompasses 166 properties with around 21.1 million square feet (1.9 million square meters) of non-strategic assets located in various other markets.

Forward-Looking Statements

The announcement includes forward-looking statements that reflect current expectations, estimates, and industry projections where FIBRA Prologis operates. Such statements often carry uncertainties that could notably influence the trust’s financial results. Terms such as "expects," "anticipates," "plans," "believes," "seeks," and variations thereof are employed to identify such forward-looking declarations, which typically do not pertain to historical facts.

These declarations encompass operational performance, anticipated occurrences, including those related to rent and occupancy growth, development activities, property transaction volumes, and general market conditions. While the trust operates under reasonable assumptions regarding the accuracy of these projections, actual results may vary significantly from those anticipated due to various factors, including economic conditions, market fluctuations, competitive threats, acquisition and development-related risks, and unforeseen environmental challenges.

Moving forward, FIBRA Prologis remains committed to maintaining transparency concerning its strategic objectives while adapting to evolving market conditions for sustained success in the competitive real estate sector.