FIBRA Prologis announces results of its Tender Offer for Terrafina 

MEXICO CITY - FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class A industrial real estate in Mexico, is pleased to present the results of its tender offer (the “Offer”) to acquire up to 100% of the real estate trust certificates (certificados bursátiles fiduciarios inmobiliarios) issued by CIBanco, S.A., Institución de Banca Múltiple, as trustee of the irrevocable trust agreement number F/00939 (“Terrafina”), identified with ticker symbol “TERRA 13” (“Terrafina CBFIs”), considering that the tender offer period has expired.

Fibra Prologis has received signed acceptance letters for 606,549,920  Terrafina CBFIs representing 77.14% of the outstanding Terrafina CBFIs in its Offer. The number of Exchanged Certificates amounted to 217,176,485 and the amount of cash paid to Terrafina's CBFI holders who elected to exercise their Cash Option amounted to $11,782,140,340.73.

Based on such results, Fibra Prologis is pleased to announce that the Offer was completed successfully, as the requirement that Terrafina holders tender 50% plus one or more of the outstanding Terrafina CBFIs has been satisfied. The settlement of the Offer will be carried out on August 6, 2024, pursuant to the terms of the tender offer prospectus of the Offer.

Finally, we would like to thank the holders of Terrafina that participated in the Offer, acknowledging their confidence in the management of Fibra Prologis and the aggregated value of a combined portfolio.

The FIBRA Prologis CBFIs offered in the Offer have not been, nor will be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state of the United States and may not be offered or sold in the United States absent registration or pursuant to an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws.

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of June 30, 2024, FIBRA Prologis was comprised of 236 logistics and manufacturing facilities in six industrial markets in Mexico totaling 46.9 million square feet (4.4 million square meters) of gross leasable area.