PROLOGIS, L.P.

TRD · Trade (domestic/foreign)

Monitor Administration actions as part of the America First Trade Policy including specific trade actions on Canada, Mexico, China, as well as proposed reciprocal tariffs on a broad list of countries; sector specific tariffs on automobiles; steel and aluminum; and additional potential sector specific tariffs and fees on Chinese cargo shipping

ENG · Energy/Nuclear

Medium and heavy duty electric vehicle charging policy and solar development policy in general; implementation of Infrastructure Investment and Jobs Act; Issues related to AI/datacenters and energy supply

TAX · Taxation/Internal Revenue Code

Renewable energy tax credits in general; preservation of tech-neutral energy investment tax credit (Sec 48E), alternative fuel refueling credit (Sec 30C), and direct pay conversion of energy credits; potential changes to business "SALT" tax treatment

TRA · Transportation

Intermodal transportation issues generally (ports, rail, highways)

TRU · Trucking/Shipping

Implementation of electric vehicle charging provisions and emissions reducing provisions included in the Infrastructure Investment and Jobs Act; impact of tariffs on supply chains and freight movement; supply chain optimization; supply chain issues generally