TERRAFINA RECEIVED TODAY AN EXPRESSION OF INTEREST FROM FIBRA UNO TO CONSOLIDATE CERTAIN INDUSTRIAL ASSETS IN A SUBSIDIARY VEHICLE

Mexico City, March 11^th, 2024 – Terrafina (“TERRA”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, development, lease, and management of industrial real estate properties in Mexico, announced today that:

Further to the relevant events recently issued by Terrafina, including the relevant event dated March 8^th, 2024, the Subsidiary of Terrafina received today an unsolicited written expression of interest from the real estate investment trust known as Fibra UNO (“Fibra UNO”), which specifies the general terms and conditions for the contribution to Terrafina of the industrial portfolio known as the Jupiter Portfolio owned by the founding partners of Fibra UNO through a capital increase or any other mechanism that is determined, as well as the consolidation of certain industrial assets of Terrafina and Fibra UNO into a subsidiary vehicle of Terrafina and Fibra UNO, at equal multiples for all properties and which Fibra UNO estimates will be approximately equal to a price per certificate (“CBFI”) of Terrafina of around MXN$49.63. Such expression of interest provides that it will be in effect for a period of 90 calendar days from the date thereof.

Terrafina will review, together with its advisors, both the proposed structure and the price per CBFI implicit therein. Terrafina has a high regard for Fibra UNO, and appreciates the expression of interest as well as for the other parties who have expressed interest in Terrafina, and confirms that it will continue working diligently with all such parties in conducting confirmatory due diligence, and preparing requests for corporate and governmental authoritizations, as necessary.

As was announced on March 8^th, all information that is timely presented by all such interested parties, including the expression of interest described herein as well as information regarding the recently announced potential internalization of Terrafina´s management, will be presented soon in an informational meeting of holders of Terrafina’s CBFIs, in order to give them the opportunity to receive, analyze and consider all alternatives which are then available to them.

Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina’s portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the Central, Bajio and Northern regions of Mexico. It is internally managed by highly qualified industry specialists and externally advised by PGIM Real Estate.

Terrafina owns 291 real estate properties, including 287 developed industrial facilities with a collective GLA of approximately 42.8 million square feet and four land reserve parcels, designed to preserve the organic growth capability of the portfolio. Terrafina’s objective is to provide attractive risk-adjusted returns for the holders of its certificates through stable distributions and capital appreciations. Terrafina aims to achieve this objective through a successful performance of its industrial real estate and complementary properties, strategic acquisitions, access to a high level of institutional support, and an effective management and corporate governance structure. For more information, please visit www.terrafina.mx/en/

About PGIM Real Estate

With $210 billion in gross assets under management and administration¹, PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.

PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). PGIM Real Estate’s risk management approach, execution capabilities and industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing,² and the local experience of professionals in 35 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that strive to ignite positive environmental and social impact, while pursuing activities that seek to strengthen communities around the world. For more information visit pgimrealestate.com.

¹ As of December 31, 2023; AUA is $49 billion.

² Includes legacy lending through PGIM’s parent company, PFI.

About PGIM

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), a leading global investment manager with more than $1.4 trillion in assets under management as of December 31, 2023. With offices in 46 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit pgim.com.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com

Forward Looking Statements

This document may include forward-looking statements that may imply risks and uncertainties. Terms such as “estimate”, “project”, “plan”, “believe”, “expect”, “anticipate”, “intend”, and other similar expressions could be construed as previsions or estimates. Terrafina warns readers that declarations and estimates mentioned in this document or realized by Terrafina’s management imply risks and uncertainties that could change in function of various factors that are out of Terrafina’s control. Future expectations reflect Terrafina’s judgment at the date of this document. Terrafina reserves the right or obligation to update the information contained in this document or derived from this document. Past or present performance does not guarantee future performance.