Prologis' Acquisition of SEGRO: Amendment to Initial Offer Announcement

On August 12, 2026, SEGRO plc and Prologis, Inc. announced an amendment to their recent acquisition agreement. The original announcement, made on August 4, 2026, detailed Prologis' intention to acquire SEGRO with a share offer and partial cash alternative. The revised announcement clarifies the role of Evercore and Morgan Stanley as financial advisors to SEGRO. They considered the SEGRO Directors' commercial assessments while providing advice, rather than relying solely on them.

The financial terms remain unchanged unless a third-party offer emerges or exceptional circumstances arise. This strategic acquisition aims to consolidate Prologis' position in the market through the complete acquisition of SEGRO's ordinary share capital.

Important notices highlight jurisdictional restrictions on the announcement's distribution. Evercore and Morgan Stanley maintain exclusive advisory roles for SEGRO, underscoring no responsibility to external parties.