Logistic Properties of the Americas (NYSE: LPA) boosts NOI and occupancy in 2025

Q: How did Logistic Properties of the Americas (LPA) perform financially in 2025?

LPA grew 2025 revenue 14.3% to $50.1 million and increased NOI 11.9% to $41.0 million . The company reported $16.1 million in profit, compared with a $19.4 million loss in 2024, which had included a significant one-time listing expense.

Q: What were LPA’s key fourth-quarter 2025 operating results?

In Q4 2025, LPA’s revenue reached $13.7 million , up 23.3% year over year, and NOI rose to $11.6 million . Net earnings for the quarter were $10.9 million , highlighting accelerating profitability as recent stabilizations and rent increases flowed through results.

Q: What is the size and occupancy of LPA’s real estate portfolio?

As of December 31, 2025 , LPA’s operating portfolio comprised 34 properties with 5.8 million square feet of gross leasable area and a 100.0% occupancy rate . Average rent per square foot was $8.65 , up 11.0% from 2024, reflecting strong tenant demand.

Q: How leveraged is Logistic Properties of the Americas at year-end 2025?

At year-end 2025, LPA had total debt of $295.3 million and net debt of $261.3 million . Investment properties were valued at $649.8 million , resulting in a leverage ratio of 40.2% , with a weighted average cash interest rate of 7.4% on its debt.

Q: What growth projects and pipeline does LPA have in Peru and Mexico?

LPA is developing the Callao Logistic Park B. 200 project in Peru, with 224,427 square feet, expected low-teens development yields, and 84.1% leasing. It also signed a forward purchase agreement of approximately US$200 million for Class A industrial assets in Mexico’s Central Park 57.

Q: Who are some of LPA’s major tenants and how concentrated is rental income?

LPA serves multinational customers such as Pepsico, Kuehne + Nagel, PriceSmart, Samsung, and Ikea . The top 10 tenants account for 47.8% of net effective rent, spanning 2.63 million square feet, providing scale but also a moderate concentration of rental exposure.

Q: How strong is leasing demand and pre-leasing in LPA’s development pipeline?

Demand appears robust, with 100.0% occupancy in the operating portfolio and 84.1% of the development GLA pre-leased as of December 31, 2025. This pre-leasing level supports visibility into future rental revenue as new projects, particularly in Peru, reach stabilization.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Logistic Properties of the Americas reported strong full-year 2025 growth and returned to profitability. Revenue rose 14.3% to $50.1 million, driven by building stabilizations in Peru, rental rate growth in Colombia and Peru, and initial contributions from newly acquired properties in Mexico.

Net operating income (NOI) increased 11.9% to $41.0 million, while profit for the year reached $16.1 million, compared with a $19.4 million loss in 2024 that had included a large one-time listing expense. In the fourth quarter alone, revenue grew 23.3% year over year and NOI rose to $11.6 million, highlighting accelerating momentum.

The operating portfolio expanded to 5.8 million square feet across 34 properties with a 100.0% occupancy rate. Average rent per square foot increased 11.0% to $8.65, and Same-Property Cash NOI grew 5.0% for 2025. The balance sheet showed investment properties of $649.8 million, total debt of $295.3 million, and a leverage ratio of 40.2%.

LPA also advanced its growth pipeline. It entered a forward purchase agreement representing an approximately US$200 million investment in Class A industrial properties in Central Park 57 in Mexico and is developing a 224,427 square foot project in Peru with an estimated development yield in the low-teens. Management emphasized strong tenant demand, fully stabilized occupancy across Costa Rica, Colombia, Peru, and Mexico, and high pre-leasing levels in its development portfolio as key supports for continued earnings growth into 2026.

Insights

Double-digit growth, full-year profitability and a sizable Mexico expansion make this an objectively strong year.

LPA delivered a clear step-up in performance in 2025. Revenue grew 14.3% to $50.1 million, NOI rose 11.9% to $41.0 million, and profit swung to $16.1 million from a prior-year loss largely driven by a one-time listing expense. Fourth-quarter revenue growth of 23.3% year over year underlines accelerating momentum.

Operationally, the portfolio looks tight and higher quality. Operating GLA reached 5.8 million square feet with 100.0% occupancy as of December 31, 2025, while average rent per square foot increased 11.0% to $8.65. Same-Property Cash NOI grew 5.0%, showing that underlying assets, not just acquisitions, contributed to earnings expansion. Leverage stayed moderate with a 40.2% net debt-to-investment-properties ratio and a weighted average cash interest rate of 7.4% at period end.

Strategically, management is leaning into growth. A forward purchase agreement of approximately US$200 million for Class A industrial assets in Mexico’s Central Park 57 and a 224,427 square foot development in Peru with an estimated low-teens development yield expand the future earnings base. With about 84.1% of the development pipeline pre-leased and strong multinational tenant relationships, subsequent disclosures in 2026 results will show how effectively these commitments translate into sustained NOI and FFO growth.

03/18/2026 - 04:34 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-41995

Logistic Properties of the Americas

(Exact name of registrant as specified in its charter)

1395 Brickell Avenue

Suite 800

Miami, FL 33131

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F x Form 40-F o

EXPLANATORY NOTE

On March 18, 2026, Logistic Properties of the Americas announced its financial results for the year ended December 31, 2025. A copy of this announcement and the accompanying supplemental information are furnished as Exhibit 99.1, 99.2, and 99.3 to this Report on Form 6-K.

The information in this Form 6-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

EXHIBIT INDEX


Exhibit No.						Description

99.1						Press Release of Logistic Properties of the Americas dated March 18, 2026
99.2						Fourth Quarter 2025 Supplemental Information
99.3						Fourth Quarter 2025 Corporate Information

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


			Logistic Properties of the Americas

			By:			/s/ Esteban Saldarriaga
			Name:			Esteban Saldarriaga
			Title:			Chief Executive Officer

Date: March 18, 2026

Exhibit 99.1

Logistic Properties of the Americas Announces Full-Year 2025 Earnings Results

Company Accelerates Growth, Reflected in Revenue Increase of 23.3% in 4Q25 and 14.3% in 2025

NOI Increases 29.8% in 4Q25 and 11.9% for the Year

SAN JOSÉ, Costa Rica, March 18, 2026 – Logistic Properties of the Americas (NYSE American: LPA) (together with its subsidiaries, “LPA” or “the Company”), announced today its audited consolidated financial results for the year ended December 31, 2025 ("FY25"). The financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”), which differ in certain significant respects from the U.S. Generally Accepted Accounting Principles (“GAAP”). This information should be read in conjunction with, and is qualified in its entirety by reference to, the Company’s audited consolidated financial statements, including the notes thereto. All comparisons within this announcement are year-over-year (“YoY”), unless otherwise noted. LPA’s financial results are stated in U.S. dollars unless otherwise noted. LPA is a leading developer, owner, acquirer and manager of logistics and industrial real estate of institutional quality in the Americas, and one of the few internally managed, vertically integrated, and institutional platforms operating across the region.

Q425 and FY25 Financial and Operating Highlights

•Revenues accelerated in the fourth quarter, increasing 23.3% YoY. This back-ended weighted growth drove a 14.3% increase in full-year revenues to $50.1 million, primarily reflecting building stabilizations in Peru, rental rate growth across Colombia and Peru, and $0.7 million of rental revenue generated by two investment properties acquired in Mexico in August 2025.

•Q425 Net Operating Income (NOI) increased 29.8% to $11.6 million in the fourth quarter of 2025. For the year ended December 31, 2025, NOI increased 11.9% to $41.0 million.

•Same-Property Cash NOI increased 5.0% to $36.0 million in 2025 compared to 2024, primarily due to rental rate growth and the expiration of rent abatements.

•Operating GLA increased 13.3% during the year to 5.8 million square feet across 34 operating properties, compared to 5.1 million square feet across 30 operating properties as of December 31, 2024. Average rent per square foot per year increased 11.0% to $8.65, primarily driven by contractual rent escalators, positive leasing spreads, and favorable currency movements.

•As of December 31, 2025, the occupancy rate in LPA’s operating portfolio was 100.0%, compared to 98.3% as of December 31, 2024. During 2025, the Company executed new leases and renewals with a total GLA of 450,180 square feet in Peru, 121,600 square feet in Costa Rica, and 97,250 square feet in Colombia.

•General and administrative expenses increased 7.1% to $16.7 million in 2025, primarily reflecting the establishment of operations and an office in Mexico, inflation adjustments to compensation, and investments in digital and other marketing initiatives to enhance LPA’s visibility among key stakeholders.

•Profit for the year was $16.1 million, compared to a net loss of $19.4 million in 2024 that included a one-time, non-recurring listing expense of $44.5 million related to LPA’s Business Combination.

Subsequent Events

On March 9, 2026, the Company entered into a forward purchase agreement for a portfolio of Class A industrial properties strategically located in Tepeji del Río, State of Hidalgo, Mexico. The transaction was executed through a Master Agreement, representing an approximately US$200 million investment, pursuant to which LPA will progressively acquire stabilized industrial assets within Central Park 57, a large‑scale industrial and logistics park strategically located along the Mexico–Querétaro Highway (Federal Highway 57), a key logistics corridor. The asset is being developed and sponsored by Mexico City-based Fortem Capital, the institutional owner and master developer of Central Park 57, the first operating building of which is pending stabilization of approximately 153,400 square feet.

CEO Commentary

2025 marked a transformative year for LPA. As anticipated, the latter part of the year delivered double-digit revenue growth and accelerated NOI expansion, driven by assets that have significantly enhanced the earnings power of our regional platform. These include our recently acquired properties in Mexico, which are anchored by DHL, and the delivery of a LEED Gold-certified facility to PepsiCo in Peru.

By year-end, we achieved 100% stabilized occupancy across our operating property portfolio, alongside meaningful rent step-ups across existing properties. Together, these milestones underscore the embedded earnings power of our portfolio and translated into clear profitability in our first full year as a public company. We expect to carry much of this strong momentum into 2026 as additional development assets come online and we continue to drive value through active asset management.

Our financial performance accelerated meaningfully as the year progressed, despite geopolitical noise in certain markets. In the fourth quarter alone, revenue increased 23.3% YoY and 6.4% quarter-over-quarter. This step-change reflects the full contribution of recent building stabilizations, strong mark-to-market rent growth across our portfolio, improved occupancy in Peru and Colombia, and initial contributions of newly acquired properties in Mexico from the third quarter. The fourth quarter clearly demonstrated the operating leverage embedded within LPA’s platform.

Our operating performance was equally strong. Full-year Cash NOI increased 12.4% to $40.3 million, while average rent per square foot rose 11.0% to $8.65, underscoring the pricing power of our Class A logistics assets in undersupplied, high-barrier-to-entry markets. Achieving 100.0% stabilized occupancy across Costa Rica, Colombia, Peru, and Mexico further highlights the strength of tenant demand and the quality of our real estate portfolio. This reflects not only to our ability to deliver facilities that meet the highest standards of global and regional clients, but also the favorable industry dynamics across many of these structurally underserved markets.

Strategically, our expansion into Mexico represents more than geographic diversification - it establishes the foundation for truly regional, cross-border logistics solutions aligned with our vision of seamlessly serving multinational clients across multiple markets. As a critical node in the North American supply chain, Mexico meaningfully expands our opportunity set and enhances our ability to serve tenants operating across the Americas. At the same time, our foundational markets continue to benefit from strong domestic consumption, improving commodity and metals pricing, increasing e-commerce penetration, and favorable demographic trends. While Colombia enters an important 2026 election cycle amid inflationary pressures, our other markets are benefiting from moderating interest rates.

Looking ahead, we remain disciplined in our capital allocation and committed to long-term value creation as an internally managed real estate company. With approximately 84.1% of our development pipeline currently pre-leased, embedded rent growth across the portfolio, and a fully-stabilized operating platform, we have entered 2026 with increasing visibility and expect to sustain the momentum achieved in the fourth quarter. We are confident in our ability to scale earnings meaningfully and strengthen LPA’s position across multiple countries.

Esteban Saldarriaga

Chief Executive Officer

Real Estate Portfolio


	As of and for the years ended December 31,
	2025		2024			2023
Number of operating real estate properties	34		30			28
Operating GLA (sq. ft)	5,804,261		5,121,625			4,619,616
Leased area (sq. ft)	5,992,995		5,637,044			5,308,454
Number of tenants	58		57			53
Average rent per square foot	$	8.65	$	7.79		$	7.80
Weighted average remaining lease term	4.9 years		5.1 years			5.3 years
Stabilized occupancy rate (% of GLA)	100.0%		98.3		%	100.0		%

Financial Performance

Revenues

(Amounts expressed in thousands dollars unless otherwise noted)


	For the years ended December 31,
	2025		2024		% Chg.

Rental Revenue
Costa Rica	24,138		23,953		0.8	%
Colombia	9,990		8,702		14.8	%
Peru	14,317		10,926		31.0	%
Mexico	667		—		NM
Unallocated revenue	1,019		281		262.6	%
Total revenue	$	50,131	$	43,862	14.3	%

Investment Property Operating Expenses

(Amounts expressed in thousands dollars unless otherwise noted)


	For the years ended December 31,
	2025		2024		% Chg.
Investment property operating expense
Costa Rica	(3,530)		(3,197)		10.4	%
Colombia	(1,432)		(1,114)		28.6	%
Peru	(3,145)		(2,664)		18.1	%
Mexico	(40)		—		NM
Total investment property operating expense	$	(8,148)	$	(6,975)	16.8	%

Supplemental Information

Please refer to LPA’s quarterly Supplemental Information and Management Discussion and Analysis, both of which are available on the Company’s Investor Relations website at https://ir.lpamericas.com

4Q25 and FY25 Earnings Conference Call

When: Thursday, March 19, 2026, 9:00 a.m. Eastern Time 8:00 a.m. Central Time

Who: Mr. Esteban Saldarriaga, Chief Executive Officer, Mr. Paul Smith, Chief Financial Officer, and Mr. Camilo Ulloa, Investor Relations

Dial-in: +1 800 715 9871 (North American Toll-Free), +1 646 307 1963 (USA/International)

Conference ID: 1755158

Pre-Register: You may pre-register at any time at: https://events.q4inc.com/attendee/751328793. Callers will need to press # to be connected to an operator to access LPA’s financial results conference call via telephone.

Webcast: https://events.q4inc.com/attendee/751328793

A call recording will also be available for replay on LPA’s website for a limited time.

About Logistic Properties of the Americas

Logistic Properties of the Americas is a leading developer, owner, and manager of institutional quality industrial and logistics real estate in high-growth and high-barrier-to-entry markets in Latin America. LPA’s customers are multinational and regional e-commerce retailers, third-party logistic operators, business-to-business distributors, and retail distribution companies among others. LPA expects to continue its future growth with strong client relationships, and insight into and through the acquisition and development of high-quality, strategically located facilities in its target markets. As of December 31, 2025, LPA’s operating and development portfolio was comprised of 35 logistics facilities in Costa Rica, Colombia, Peru, and Mexico totaling approximately 560,000 square meters (or approximately 6.0 million sq. ft.) of gross leasable area. For more information visit https://ir.lpamericas.com.

Forward-Looking Statements

This press release contains certain forward-looking information, which may not be included in future public filings or investor guidance. The inclusion of forward-looking information in this press release should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this press release may be considered forward-looking statements within the meaning of the U.S. federal securities laws. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore caution against relying on any of these forward-looking statements.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of NYSE American; (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission. There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward-looking statements due to their inherent uncertainty.

Nothing within this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.

Investor Relations Contact:

Camilo Ulloa

Logistic Properties of the Americas

+506 6293 9083

ir@lpamericas.com

Barbara Cano / Ivan Peill

InspIR Group

barbara@inspirgroup.com / ivan@inspirgroup.com

Fourth Quarter 2025 Supplemental Information Logistic Properties of the Americas

Disclaimer This presentation (the “Presentation”) is provided for informational purposes only and has been prepared to provide interested parties with certain information about Logistic Properties of the Americas and its subsidiaries (collectively, “LPA”) and for no other purpose. This Presentation is not a prospectus, product disclosure statement or any other offering or disclosure document under any other law. The information contained herein is of a general background nature and does not purport to be exhaustive, all-inclusive or complete. This Presentation does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase, any equity, debt or other financial instruments of LPA. No such offering of equity or debt securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, or an exemption therefrom. No representations or warranties, express or implied are given in, or in respect of, the accuracy or completeness of this Presentation or any other information (whether written or oral) that has been or will be provided to you. To the fullest extent permitted by law, LPA disclaims any and all liability for any loss or damage (whether foreseeable or not) suffered or incurred by any person or entity as a result of anything contained or omitted from this Presentation and such liability is expressly disclaimed. The viewer of this Presentation agrees that it shall not seek to sue or otherwise hold LPA or any of its respective directors, officers, employees, affiliates, agents, advisors or representatives liable in any respect for the provision of this Presentation, the information contained in this Presentation, or the omission of any information from this Presentation. Viewers of this Presentation should each make their own evaluation of LPA and of the relevance and adequacy of the information provided in this Presentation and should make such other investigations as they deem necessary before making an investment decision. Nothing herein should be construed as legal, financial, tax or other advice. You should consult your own advisers concerning any legal, financial, tax or other considerations concerning anything described herein, and, by accepting this Presentation, you confirm that you are not relying solely upon the information contained herein to make any investment decision. The general explanations included in this Presentation cannot address, and are not intended to address, your specific investment objectives, financial situations or financial needs. Forward-Looking Statements This Presentation contains certain forward-looking information which may not be included in future public filings or investor guidance. The inclusion of forward-looking financial information or metrics in this Presentation should not be construed as a commitment by LPA to provide guidance on such information in the future. Certain statements in this Presentation may be considered forward-looking statements. Forward-looking statements include, without limitation, statements about future events or LPA’s future financial or operating performance. For example, statements regarding anticipated growth in the industry in which LPA operates and anticipated growth in demand for LPA’s products and solutions, the anticipated size of LPA’s addressable market and other metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “pro forma,” “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology. These forward-looking statements regarding future events and the future results of LPA are based on current expectations, estimates, forecasts, and projections about the industry in which LPA operates, as well as the beliefs and assumptions of LPA’s management. These forward-looking statements are only predictions and are subject to known and unknown risks, uncertainties, assumptions and other factors beyond LPA’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, LPA’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and LPA therefore cautions against relying on any of these forward-looking statements. These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by LPA and its management, are inherently uncertain and are inherently subject to risks variability and contingencies, many of which are beyond LPA’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the possibility of any economic slowdown or downturn in real estate asset values or leasing activity or in the geographic markets where LPA operates; (ii) LPA’s ability to manage growth; (iii) LPA’s ability to continue to comply with applicable listing standards of the New York Stock Exchange (“NYSE”); (iv) changes in applicable laws, regulations, political and economic developments; (v) the possibility that LPA may be adversely affected by other economic, business and/or competitive factors; (vi) LPA’s estimates of expenses and profitability; (vii) the outcome of any legal proceedings that may be instituted against LPA and (viii) other risks and uncertainties set forth in the filings by LPA with the U.S. Securities and Exchange Commission (the “SEC”). There may be additional risks that LPA does not presently know or that LPA currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of LPA speak only as of the date they are made. Except as otherwise required by applicable law, LPA disclaims any obligation to publicly update or revise any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statement is based. Accordingly, you should not place undue reliance on forward- looking statements due to their inherent uncertainty. Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Industry and Market Data This Presentation also contains estimates and other statistical data made by independent parties which they believe to be reliable and by LPA relating to market size and growth and other data about LPA’s industry. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. In addition, projections, assumptions, and estimates of the future performance of the markets in which LPA operates are necessarily subject to a high degree of uncertainty and risk. LPA has not independently verified the accuracy or completeness of the independent parties’ information. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of such independent information. Trademarks LPA owns or has rights to various trademarks, service marks and trade names used is connection with the operation of its business. This Presentation may also contain trademarks, service marks, trade names and copyrights of other companies or third parties, which are the property of their respective owners. LPA’s use thereof does not imply an affiliation with, or endorsement by, the owners of such trademarks, service marks, trade names and copyrights. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this Presentation may be listed without the TM, SM or symbols, but LPA will assert, to the fullest extent under applicable law, the rights of the applicable owners to these trademarks, service marks, trade names and copyrights. Financial Measures Certain financial information contained herein is unaudited and is based on internal records and/or estimates. The Presentation also contains unaudited alternative financial measures that are measures of financial performance not calculated in accordance with generally accepted accounting principles in the United States (or international financial reporting standards (“IFRS”)) and should not be considered as replacements or alternatives to net income or loss, cash flow from operations or other measures of operating performance or liquidity of LPA. These alternative financial measures should be viewed in addition to, and not as a substitute for, analysis of LPA’s results reported in accordance with IFRS or otherwise. 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You should review LPA’s financial statements and additional information included in its filings with the SEC.

3 Development and construction(2) of properties in the land bank DEVELOPER Asset ownership on a long-term basis OWNER Leasing and management(3) of assets MANAGER Logistic Properties of the Americas is a leading developer, owner, acquirer and manager of logistic and industrial real estate of international quality in America. LPA is one of the few, internally managed, vertically-integrated and institutional platforms operating across the region(1). Acquisition of stabilized assets ACQUIRER Notes: (1) The Company considers that most real estate companies and funds in México, Costa Rica, Perú and Colombia do not focus exclusively on the industrial segment; instead, they have investments across multiple sectors, including retail, hospitality, and others, and often lack a regional presence. (2) Construction is outsourced to construction companies; (3) Relationship with tenants and administration of logistics parks.

4 Content LPA Parque Logístico Calle 80 – Bogota, Colombia Highlights • Company Profile 5 • Company Performance 6 • Financial Summary 7 Financial Information • Consolidated Balance Sheet 8 • Consolidated Statement of Profit or Loss and Other Comprehensive Income (Loss) 10 • Reconciliation for Adjusted EBITDA, Adjusted EBITDA margin, FFO, AFFO, NOI and NOI margin 11 Operations Overview • Total Portfolio GLA 13 • Operating Portfolio – Period end Occupancy 14 • Rental Revenues 15 • Net Operating Income 16 • Average Rent per Square Foot 17 • Same Property NOI Growth 18 • Other Non-IFRS Metrics 19 Operations • Customer Concentration and Lease Expiration Analysis 20 • Investment Properties Portfolio 21 Capital Deployment • Development Portfolio 22 • Land Portfolio 23 Capitalization • Debt Summary and Metrics 24 Definitions • Definitions 25

5 BOGOTA, COLOMBIA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,255,286 - 51 SAN JOSE, COSTA RICA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 2,516,471 - - 7.6 mm sqft Gross Leasable Area(1) 100.0% Occupancy(2) 79.9% US dollars-denominated Leases(3) Example Properties 4.9 years Avg. remaining lease life(4) US$41.0 mm YTD 2025 NOI(5) 12.4% Cash NOI(5) Growth YTD 2025– 2024 Current Operations Expansion Plans Logistic Park Coyol I, Alajuela, Costa Rica Logistic Park Lurin I, Lima, Peru Logistic Park Calle 80, Bogota, Colombia (1) Includes 6.0 million sq ft of GLA in our total portfolio and 1.5 million of potential new GLA to be built-out in our land portfolio. (2) Operating Portfolio period end occupancy. (3) Based on active leases as of December 31, 2025. (4) Remaining lease life weighted average by leased area (5) NOI and Cash NOI are non-IFRS measures. (6) Land reserve acres are adjusted for Floor Area Ratio (“FAR”). LIMA, PERU Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,774,816 224,427 19 PUEBLA, MEXICO Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 257,688 - - Highlights Company Profile As of December 31, 2025

6 As of and for the three months ended US$ in millions, except for number of buildings, sq ft, and percentages December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Portfolio (sq ft) Same Property Portfolio No. of buildings 28 28 28 28 27 Gross leasable area (GLA) 4,745,298 4,745,082 4,745,082 4,745,082 4,570,653 Period end occupancy % 100.0% 97.6% 93.9% 97.8% 95.4% NOI 9.5 9.1 8.6 8.4 9.0 Growth over prior year(1) 5.0% 4.8% (0.4%) (3.0%) 1.3% Cash NOI 9.6 9.2 8.7 8.6 8.6 Growth over prior year(1) 5.0% 3.2% (1.9%) (4.3%) 5.0% Operating Portfolio No. of buildings 34 33 31 31 30 Gross leasable area (GLA) 5,804,261 5,550,277 5,292,588 5,292,588 5,121,625 Period end leased % 100.0% 98.2% 98.2% 100.0% 98.6% Period end occupancy % 100.0% 97.9% 94.5% 98.0% 98.3% Development Portfolio No. of buildings 1 2 2 2 2 Gross leasable area (GLA) 224,427 478,229 478,229 479,306 421,321 Period end leased % 84.1% 85.8% 85.9% 73.8% 100.0% Period end occupancy % —% —% —% —% 25.2% Total Portfolio No. of buildings 35 35 33 33 32 Gross leasable area (GLA) 6,028,688 6,028,506 5,770,817 5,771,894 5,542,946 Period end leased % 99.4% 97.3% 97.1% 97.8% 98.7% Period end occupancy % 96.3% 90.1% 86.7% 89.9% 92.8% Highlights Company Performance (1) Year to date NOI and Cash NOI amounts are used to determine growth over the prior period.

7 Highlights Financial Summary (1) Net Debt/Investment properties US$ in millions, except for percentages As of and for the three months ended December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Rental revenues 13.6 12.2 11.6 11.8 11.0 Revenues 13.7 12.9 11.7 11.8 11.1 Cash net operating income (Cash NOI) 11.0 10.5 9.6 9.2 8.9 Net operating income (NOI) 11.6 10.4 9.6 9.4 8.9 NOI margin % 85.2% 85.3% 82.8% 80.5% 80.8% Net earnings (loss) 10.9 5.2 (1.1) 1.1 9.8 Adjusted EBITDA 8.4 7.3 6.3 6.7 6.0 Adjusted EBITDA margin 61.3 % 56.7 % 53.7 % 56.5 % 53.8 % FFO, as defined by LPA (0.3) (1.0) (0.1) (0.6) (3.6) AFFO (0.5) (0.6) 0.3 (0.4) (3.0) Debt Outstanding balance at carrying value 295.3 280.6 276.1 265.7 265.9 Cash and restricted cash (34.0) (24.6) (32.0) (32.9) (34.7) Net Debt 261.3 256.0 244.1 232.8 231.2 Investment properties 649.8 624.6 579.0 567.0 554.5 Leverage ratio(1) 40.2% 41.0% 42.2% 41.1% 41.7% Cash interest rate at period end 7.4% 7.5% 7.7% 7.6% 8.1%

8 As of December 31, 2025 December 31, 2024 ASSETS CURRENT ASSETS: Cash and cash equivalents 27,323,468 28,827,347 Due from affiliates — — Lease and other receivables, net 4,142,217 2,641,772 Receivables from the sale of investment properties - short term — 3,589,137 Prepaid construction costs 125,061 165,836 Restricted cash equivalents - short term 105,000 — Prepaid income taxes 1,196,382 2,008,553 Other current assets 6,709,555 2,769,109 Total current assets 39,601,683 40,001,754 NON-CURRENT ASSETS: Investment properties 649,825,184 554,518,864 Tenant notes receivable - long term, net 1,370,812 1,748,616 Receivables from the sale of investment properties - long term — — Restricted cash equivalents - long term 6,598,299 5,835,117 Property and equipment, net 355,265 313,202 Deferred tax asset 179,509 241,967 Other non-current assets 2,842,514 4,360,058 Total non-current assets 661,171,583 567,017,824 TOTAL ASSETS $ 700,773,266 $ 607,019,578 Financial Information Consolidated Statements of Financial Position

9 As of December 31, 2025 December 31, 2024 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES: Accounts payable and accrued expenses 11,694,817 $ 8,356,915 Income tax payable 7,101,476 2,764,352 Retainage payable 2,598,043 1,500,729 Long term debt – current portion 10,270,261 12,636,821 Security deposits – current portion 112,624 167,005 Lease liability – current portion 131,641 458,081 Other current liabilities 90,785 640,933 Total current liabilities 31,999,647 26,524,836 NON-CURRENT LIABILITIES: Long term debt 285,064,648 253,248,978 Deferred tax liability 42,804,138 40,141,510 Security deposits 3,004,501 2,440,371 Lease liability 13,153,846 12,972,016 Other non-current liabilities 178,196 890,449 Total non-current liabilities 344,205,329 309,693,324 TOTAL LIABILITIES $ 376,204,976 $ 336,218,160 EQUITY: Ordinary shares 3,186 3,180 Additional paid-in capital 219,191,477 218,291,347 Retained earnings 49,090,064 38,593,217 Treasury shares, at cost -2,030,382 -1,242,773 Foreign currency translation reserve -9,590,791 -26,680,095 Equity attributable to owners of the Company 256,663,554 228,964,876 Non-controlling interests 67,904,736 41,836,542 Total equity $ 324,568,290 $ 270,801,418 TOTAL LIABILITIES AND EQUITY $ 700,773,266 $ 607,019,578 Financial Information Consolidated Statements of Financial Position (continued)

10 Financial Information Consolidated Statements of Profit or Loss and Other Comprehensive Income (Loss) (1) Listing expense is a non-cash item that relates to the difference in the fair value of the shares deemed to have been issued by the accounting acquirer and the fair value of the accounting acquiree’s identifiable net assets represents a service received by the accounting acquirer, and thus should be recognized as an expense upon consummation of the Business Combination. For more information, please review note 4 of the Financial Statements For the Year Ended December 31, 2025 2024 2023 REVENUES Rental revenue $ 49,111,725 $ 43,581,348 $ 39,327,779 Other revenue 1,018,902 281,024 108,564 Total revenues $ 50,130,627 $ 43,862,372 $ 39,436,343 Investment property operating expense (8,147,818) (6,974,534) (5,142,950) General and administrative expense (16,732,668) (15,626,057) (8,508,862) Listing expense(1) — (44,469,613) — Investment property valuation gain 20,649,485 32,347,462 20,151,026 Interest income from affiliates — 302,808 664,219 Financing costs (20,844,277) (22,642,028) (31,111,064) Net foreign currency gain (loss) 519,774 (104,129) 284,706 Gain on sale of investment properties — — 1,165,170 Gain on disposition of asset held for sale — — 1,022,853 Other income 1,112,439 12,616,888 307,822 Other expenses (937,719) (9,177,160) (6,132,636) Profit (loss) before taxes $ 25,749,843 $ (9,863,991) $ 12,136,627 INCOME TAX EXPENSE (9,641,023) (9,562,060) (4,980,622) PROFIT (LOSS) FOR THE YEAR $ 16,108,820 $ (19,426,051) $ 7,156,005 OTHER COMPREHENSIVE INCOME (LOSS): Items that may be reclassified subsequently to profit or loss: Translation gain (loss) from functional currency to reporting currency 17,089,304 (12,985,112) 18,373,064 TOTAL COMPREHENSIVE INCOME (LOSS) FOR THE YEAR $ 33,198,124 $ (32,411,163) $ 25,529,069 PROFIT (LOSS) FOR THE YEAR ATTRIBUTABLE TO: Owners of the Company $ 10,496,847 $ (29,285,428) $ 3,139,333 Non-controlling interests 5,611,973 9,859,377 4,016,672 Total profit (loss) for the year $ 16,108,820 $ (19,426,051) $ 7,156,005 TOTAL COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO: Owners of the Company $ 27,586,151 $ (42,270,540) $ 21,512,397 Non-controlling interests 5,611,973 9,859,377 4,016,672 Total comprehensive income (loss) for the year: $ 33,198,124 $ (32,411,163) $ 25,529,069 Weighted average number of shares – basic $ 31,571,461 30,995,079 28,600,000 Weighted average number of shares – diluted $ 31,735,512 30,995,079 28,600,000 Earnings (Loss) per share attributable to owners of the Company - basic $ 0.33 $ (0.94) $ 0.11 Earnings (Loss) per share attributable to owners of the Company - diluted $ 0.33 $ (0.94) $ 0.11

11 Financial Information Reconciliation for Adjusted EBITDA, Adjusted EBITDA margin, FFO, AFFO, NOI and NOI margin(1) (1) Refer to the “Non-IFRS Financial Measures and Other Measures and Reconciliations” in the Management’s Discussion and Analysis (“MD&A”) for more details around the non-IFRS measures. (2) Interest income settled in cash is excluded from other income for the calculation of FFO. (3) The adjustment related to financing costs includes the one-time debt extinguishment or modification gain or loss, amortization of debt issuance cost and accrued interest, and exclude the cash settled interest expense. For the three months ended US$ in millions, except for percentages December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Revenues 13.7 12.9 11.7 11.8 11.1 Profit for the period 10.9 5.2 (1.1) 1.1 9.8 Interest income from affiliates — — — Financing costs 5.9 5.0 5.0 5.3 5.7 Income tax expense (benefit) 3.1 3.3 1.3 2.0 3.4 Depreciation and amortization 0.2 0.2 0.2 0.4 0.4 Investment property valuation gain (11.8) (7.1) 0.3 (1.9) (14.4) Gain on sale of asset held for sale — — — Share-based payment 0.4 0.4 0.9 0.4 0.4 One-time cash bonus related to the Business Combination — — — Gain (loss) on sale of investment properties — — — Listing expense — — — Other income (0.4) (0.2) (0.2) (0.3) (0.4) Other expenses 0.4 0.6 — — 1.2 Net foreign currency (loss) gain (0.2) — (0.1) (0.2) — Adjusted EBITDA 8.4 7.3 6.3 6.7 6.0 Adjusted EBITDA margin 61.3 % 56.7 % 53.7 % 56.5 % 53.8 % For the three months ended US$ in millions December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Profit for the period 10.9 5.2 (1.1) 1.1 9.8 Investment property valuation gain (11.8) (7.1) 0.3 (1.9) (14.4) Gain on sale of investment property — — Gain on disposition of asset held for sale — — FFO (0.9) (1.9) (0.9) (0.9) (4.7) Share-based payment 0.4 0.4 0.9 0.4 0.4 One-time cash bonus related to the Business Combination — — — — — Listing expense — — — — — Other income(2) (0.2) (0.1) (0.1) (0.1) (0.1) Other expenses 0.4 0.6 — — 0.8 FFO (as defined by LPA) (0.3) (1.0) (0.1) (0.6) (3.6) Depreciation and amortization 0.2 0.2 0.2 0.4 0.4 Financing costs(3) 0.2 0.1 0.1 0.2 0.3 Interest income from affiliates — — — — — Unrealized foreign currency loss (gain) — 0.1 — (0.1) (0.1) Straight-line rental revenue (0.6) 0.1 — (0.2) — Adjusted FFO (0.5) (0.6) 0.3 (0.4) (3.0)

12 Financial Information Reconciliation for Adjusted EBITDA, Adjusted EBITDA margin, FFO, AFFO, NOI and NOI margin (continued)(1) For the three months ended US$ in millions December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Net Operating Income Rental revenues 13.6 12.2 11.6 11.8 11.0 Investment property operating expense (2.0) (1.8) (2.0) (2.3) (2.1) NOI 11.6 10.4 9.6 9.4 8.9 NOI margin 85.3% 85.3% 82.8% 80.5% 80.9% For the three months ended US$ in millions December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 Net Operating Income Profit for the period 10.9 5.2 (1.1) 1.1 9.8 Other revenue (0.1) (0.7) (0.1) (0.1) (0.1) General and administrative 4.1 4.5 4.6 3.6 4.6 Listing expense — — — — — Investment property valuation gain (11.8) (7.1) 0.3 (1.9) (14.4) Interest income from affiliates — — — — — Financing costs 5.7 4.9 4.9 5.2 5.5 Net foreign currency gain (loss) (0.2) — (0.1) (0.2) — Other income (0.4) (0.2) (0.2) (0.3) (0.4) Gain (loss) on sale of investment properties — — — — — Gain on disposition of asset held for sale — — — — — Other expenses 0.4 0.6 — — 0.6 Income tax expense 3.1 3.3 1.3 2.0 3.4 NOI 11.6 10.4 9.6 9.4 8.9 Constant currency impact(2) — (0.3) (0.2) (0.2) (0.1) Less: non same-property NOI(3) 2.1 1.3 1.0 1.0 0.2 Same-Property NOI(3) 9.5 8.8 8.4 8.2 8.6 NOI 11.6 10.4 9.6 9.4 8.9 Straight-line rental revenue (0.6) 0.1 — (0.2) — CASH NOI 11.0 10.5 9.6 9.2 8.9 Constant currency impact(2) — (0.3) (0.2) (0.2) (0.1) Less: non same-property cash NOI(3) 1.4 1.3 0.9 0.6 0.4 Same-Property Cash NOI(3) 9.6 8.9 8.5 8.4 8.4 (1) Refer to the “Non-IFRS Financial Measures and Other Measures and Reconciliations” in the MD&A for more details around the non-IFRS measures. (2) Constant currency information is non-IFRS financial information that compares results between periods as if exchange rates had remained constant period-over-period. We use results on a constant currency basis as a measure to evaluate our performance. We calculate constant currency by calculating prior period results using the average foreign currency exchange rate for the year ended December 31, 2025. (3) The same-property pool includes all properties that were classified as Operating Properties as of December 31, 2025 and since January 1, 2024, and excludes properties that were either disposed of prior to December 31, 2025, or held for sale to a third party as of December 31, 2025. As of December 31, 2025, the same-property pool consisted of 28 buildings aggregating approximately 4.7 million square feet. Non same- property NOI and cash NOI amounts exclude the NOI attributable to the same-property pool, while Same-Property NOI and Cash NOI amounts include the NOI attributable to the same-property pool.

13 6,029 6,029 5,771 5,772 5,543 5,804 5,550 5,293 5,293 5,122 224 478 478 479 421 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 1,255 1,255 1,255 1,255 1,255 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Operations Overview By Geography Development GLA Operating GLA 2,516 2,516 2,516 2,516 2,516 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 1,999 1,999 1,999 2,001 1,772 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Total Portfolio GLA (in thousands of sq ft) Costa Rica Peru MexicoColombia 258 258 Q4 2025 Q3 2025 Total Portfolio

14 100.0 92.2 92.2 100.0 100.0 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 100.0 98.8 95.3 95.3 94.8 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 100.0 100.0 95.2 98.7 99.4 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 100.0 97.9 94.5 98.0 98.3 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Operations Overview Operating Portfolio – Period End Occupancy (%) Costa Rica Peru MexicoColombia 100.0 100.0 Q4 2025 Q3 2025 Total Operating Portfolio By Geography

15 2.8 2.5 2.4 2.4 2.3 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 4.2 3.5 3.3 3.4 2.6 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 6.2 6.0 5.9 6.0 6.2 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 13.6 12.2 11.6 11.8 11.0 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Operations Overview Rental Revenues (US$ million) Costa Rica Peru MexicoColombia 0.4 0.2 Q4 2025 Q3 2025 By Geography (for the three months ended) Total Portfolio (for the three months ended)

16 2. 5 2. 1 2. 0 1. 9 2. 02. 4 2. 2 2. 1 2. 0 1. 9 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 3. 4 2. 8 2. 6 2. 3 1. 5 2. 8 2. 9 2. 7 2. 0 1. 7 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 5. 3 5. 2 5. 0 5. 2 5. 4 5. 3 5. 1 4. 8 5. 2 5. 3 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 11.6 10.4 9.6 9.4 8.9 11.0 10.5 9.6 9.2 8.9 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Operations Overview Total Portfolio (for the three months ended) NOI Cash NOI Net Operating Income (US$ million) Costa Rica Peru MexicoColombia 0. 4 0. 20. 4 0. 2 Q4 2025 Q3 2025 NOI and Cash NOI by Geography (for the three months ended)

17 8.38 7.91 7.34 7.14 6.55 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 9.06 7.67 7.66 7.58 7.49 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 8.70 8.68 8.68 8.60 8.57 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 8.65 8.14 8.07 7.96 7.79 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Operations Overview Total Portfolio Average Rent per Square Foot (US$/SqFt/Yr) Costa Rica Peru MexicoColombia 6.68 6.64 Q4 2025 Q3 2025 By Geography

18 5.0% 1.2% (0.4)% (3.0)% 1.3% 5.0% (0.8)% (1.9)% (4.3)% 5.0% Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Cash NOINOI 22 .7 % 20 .2 % 23 .9 % 0. 7% 12 .0 % 24 .1 % 14 .1 % 16 .6 % 2. 6% 1. 5% Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 27 .5 % 13 .6 % 4. 4% (1 3. 2) % (1 7. 9) % 32 .9 % 15 .0 % 3. 1% (1 9. 7) % (2 6. 5) % Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 (3 .0 )% (3 .9 )% (5 .9 )% (0 .3 )% 0. 4%0. 8% (5 .6 )% (6 .5 )% (0 .4 )% (1 .2 )% Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Operations Overview Same-Property NOI Growth (% YoY) Costa Rica Peru Colombia Total Same-Property Portfolio By Geography

19 8.4 7.3 6.3 6.7 6.0 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Financial Overview Other Non-IFRS Metrics (US$ million) (0.3) (1.0) (0.1) (0.6) (3.6) Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Adjusted EBITDA (for the three months ended) FFO, as defined by LPA (for the three months ended)

20 Retailer MXN COP 26% 32% 17% 25% Operations Customer Concentration and Lease Expiration Analysis Customer Type Contractual Rent Increases Amount of Leases by Currency As of December 31, 2025 Logistic Services Consumer Goods Distribution Manufacturing and Other 19.4% 13.8% 40.1% 25.9% 0.8% 79.9% 19.4% 0.7% Top 10 Customers as % of Net Effective Rent % of Net Effective Rent Total Square Feet 1 Pepsico 8.6 % 253,770 2 Kuehne + Nagel 8.0 % 474,688 3 PriceSmart 5.4 % 265,083 4 Pequeño Mundo 4.9 % 270,572 5 Alicorp 4.8 % 335,812 6 Natura & Co 3.7 % 206,785 7 CEVA 3.4 % 219,734 8 Yichang 3.2 % 220,875 9 Samsung 2.9 % 200,209 10 Ikea 2.9 % 185,548 Total 47.8 % 2,633,076 Lease Expirations Net Effective Rent % of Currency Year Occupied Sq Ft Annualized (US$ in millions) % of Total $/Sq Ft COP USD MXN 2026 252,812 $ 1.9 3.7 % $ 7.34 — % 100% — % 2027 1,058,772 $ 8.3 16.5 % $ 7.82 46 % 54 % — % 2028 726,079 $ 5.4 10.8 % $ 7.49 15 % 85 % — % 2029 1,240,996 $ 10.6 21.1 % $ 8.55 26 % 68 % 6 % 2030 793,504 $ 6.5 12.9 % $ 8.18 — % 100.0 % — % Thereafter 1,732,094 $ 17.5 34.9 % $ 10.12 20.0 % 80.0 % — % Total 5,804,257 50.2 100 % $ 8.65 COL-CPI US-CPI Constant Escalator Other MX-CPI USD Lease Breakdown as Measured by Total Portfolio NER

21 US$ in millions US$ in millions US$ in millions Square Feet Net Effective Rent Investment Properties No. of buildings Total % of Total Occupied % Leased % Q4 quarter to date NOI Year to Date NOI Annualized Sqft / Year Total fair market value % of Total Operating Portfolio Costa Rica 19 2,516,471 43.4% 100.0% 100.0% 5.3 20.6 21.9 $8.70 263.2 44.1% Peru 8 1,774,816 30.6% 100.0% 100.0% 3.4 11.2 16.1 $9.06 168.2 28.2% Colombia 5 1,255,286 21.6% 100.0% 100.0% 2.5 8.6 10.5 $8.38 144.8 24.3% Mexico 2 257,688 4.4% 100.0% 100.0% 0.4 0.6 1.7 $6.68 20.6 3.4% Subtotal 34 5,804,261 100.0% 100.0% 100.0% 11.6 41.0 50.2 $8.65 596.8 100.0% Development Portfolio Peru 1 224,427 100.0% —% 84.1% 0.0 0.0 4.0 na 12.9 100.0% Total Portfolio 35 6,028,688 96.3% 99.4% 11.6 41.0 54.2 $8.7 609.7 Operations Investment Properties Portfolio As of December 31, 2025

22 US in millions Total Estimate Invested Invested to Date Project Sq Ft Occupied % Leased % FMV Land + Infra Shell Total Land + Infra Shell Total Est. Stabilization Date Annualized estimated Rent Revenues Annualized estimated NOI Est. Return on Cost(1) Est. Develop. Yield(1) Type Peru Callao Logistic Park B. 200 224,427 0.0 84.1% 0.0 9.5 2.7 12.2 6.4 0.3 6.7 Jan-27 1.7 1.5 13.6%(¹) 12.5%(¹) Pre Leased Sub-total 224,427 0.0 84.1% 12.9 9.5 2.7 12.2 6.4 0.3 6.7 Jan-27 1.7 1.5 13.6% 12.5% Total 224,427 0.0 84.1% 12.9 9.5 2.7 12.2 6.4 0.3 6.7 1.7 1.5 13.6% 12.5% Capital Deployment (1) Reflects the total development expenses of the entire industrial park, including costs associated with infrastructure, utilities, and landscaping, not just the individual warehouse. As of December 31, 2025Development Portfolio

23 Gross Land Area (Acres) Buildable Area (Sq Ft)(1) FMV FMV/Sq Ft of Gross Land Area US$ in millions Q4 2025 Q4 2024 % Change Q4 2025 Q4 2024 % Change Q4 2025 Q4 2024 % Change Q4 2025 Q4 2024 % Change Peru(2) 19.0 30.9 -38.5 % 441,115 670,322 -34.2 % 9.9 16.7 (40.6) % $ 11.98 $ 12.40 -3.4 % Colombia 50.6 50.6 -0.1 % 1,090,211 1,090,211 — % 30.2 23.9 26.5 % $ 13.69 $ 10.81 26.6 % Total 69.6 81.5 -14.6 % 1,531,326 1,760,533 -13.0 % 40.1 40.5 -1.1 % $ 13.22 $ 11.42 15.8 % Capital Deployment (1) Buildable GLA of the Land Bank (2) Peru has a land lease contract with a third-party whereas LPA, through a 40% LPA -60% Capia ownership structure, acts as a lessee. As of December 31, 2025 and 2024Land Portfolio

24 100.0% Secured 26.1% 73.9% Fixed(1)Floating 82.5% 17.5% COP 2025 Q4 2025 Q3 2025 Net debt (US$ in millions) 261.3 256.0 Net debt over investment properties (end of period) 40.2 % 41.0 % Net debt / Profit (loss)(1) 16.2x 37.1x Net debt/ Adjusted EBITDA ratio(1) 9.1x 9.5x Net debt / NOI(1) 6.4x 6.5x US$ in millions Maturity Loans Wtd Avg.Cash Interest Rate 2026 10,270,261 7.4 % 2027 11,400,644 7.3 % 2028 24,716,396 6.8 % 2029 13,157,965 6.6 % 2030 17,117,341 6.6 % Thereafter 220,107,179 6.1 % Sub-total debt at par 296,769,786 6.3 % Accrued and deferred financing cost, net (1,434,877.0) Total Debt 295,334,909 Fixed vs Floating Rate Debt Secured vs Unsecured Debt Capitalization Debt Summary and Metrics Debt Summary Debt Metrics As of December 31, 2025 Debt by Currency USD (1) Net Debt related multiples are calculated using the annualized Adjusted EBITDA and NOI in their respective calculations.

25 Definitions Please refer to LPA financial statements as prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board and filed with the Security and Exchange Commission (“SEC”) and other public reports for further information about LPA and LPA business. “YTD (Year to Date)” period starting from the beginning of the current year up to the current date, used to measure the performance over this period. Adjusted EBITDA. LPA defines Adjusted EBITDA as profit for the period adjusted by (a) interest income from affiliates, (b) financing costs, (c) income tax expense, (d) depreciation and amortization, (e) investment property valuation gain, (f) share-based payments, (g) one-time cash bonus related to the Business Combination, (h) gain on sale of asset held for sale (i) gain or loss on sale of investment properties, (j) listing expense, (k) other income, (l) other expenses and (m) net foreign currency gain or loss. Management uses Adjusted EBITDA to measure and evaluate the operating performance of LPA’s business, which consists of developing, leasing and managing industrial properties, before LPA’s cost of capital and income tax expense. Adjusted EBITDA is a measure commonly used in LPA’s industry, and it presents Adjusted EBITDA to supplement investor understanding of its operating performance. LPA’s management believes that Adjusted EBITDA provides investors and analysts with a measure of operating results unaffected by differences in capital structures, capital investment cycles and fair value adjustments of LPA’s assets. Cash Net Operating Income (Cash NOI) LPA defines Cash NOI as NOI adjusted for straight-line rental revenue during the relevant period. Debt Metrics We evaluate the following debt metrics to monitor the strength and flexibility of our capital structure and evaluate the performance of our management. Investors can utilize these metrics to make a determination about our ability to service or refinance our debt. Net Debt LPA defines Net Debt as LPA’s total debt (defined as long term debt plus long-term debt—current portion) less cash, cash equivalents and restricted cash. Net Debt to Profit (Loss) represents Net Debt divided by Profit (Loss) for the period. Net Debt to Adjusted EBITDA This metric represents Net Debt divided by Adjusted EBITDA. LPA’s management believes that this ratio is useful because it provides investors with information on LPA’s ability to repay debt, compared to LPA’s performance as measured using Adjusted EBITDA. Net Debt to Net Operating Income (NOI) This metric represents Net Debt divided by NOI. LPA’s management believes that this ratio is useful because it provides investors with information on LPA’s ability to repay debt, compared to LPA’s performance as measured using NOI. Net Debt to Investment Properties This metric represents Net Debt divided by Investment Properties (end of period value). LPA believes that this ratio is useful because it shows the degree in which Net Debt has been used to finance LPA’s assets. Development Portfolio Represents industrial properties that are under development and properties that are developed but have not met Stabilization. Development Yield This metric is calculated for development properties as Stabilized NOI divided by TEI. Estimated Build Out (TEI and sq ft) This metric represents the estimated TEI and finished square feet available for lease upon completion of an industrial building on existing parcels of land. Estimated Value Creation This metric represents the value that we expect to create through our development and leasing activities. We calculate Estimated Value Creation by estimating the Stabilized NOI that the property will generate and applying a stabilized capitalization rate applicable to that property. Estimated Value Creation is calculated as the amount by which the value exceeds our TEI, including closing costs and taxes. Funds From Operations, or FFO LPA defines FFO as profit (loss) for the period, excluding (a) investment property valuation gain, (b) gain or loss on sale of investment properties, and c) gain on sale of asset held for sale. LPA calculates FFO (as defined by LPA) as FFO, excluding (a) share-based payments, (b) one-time cash bonus related to the Business Combination, (c) listing expense, (d) other income and (e) other expenses. LPA defines Adjusted FFO as FFO (as defined by LPA), excluding (a) depreciation and amortization, (b) non-cash financing costs, (c) interest income from affiliates, (d) unrealized foreign currency gain or loss and (e) straight-line rental revenue. LPA uses FFO, FFO (as defined by LPA) and Adjusted FFO (collectively, “FFO Measures”) to help analyze the operating results of LPA’s assets and operations. LPA’s management believes that FFO Measures are useful to investors as supplemental performance measures because they exclude the effects of certain items which can create significant earnings volatility, as well as certain noncash items, but which do not directly relate to LPA’s ongoing business operations or cash flow generation. LPA’s management believes FFO Measures can facilitate comparisons of operating performance between periods, while also providing an indication of future earnings potential. However, since FFO Measures do not capture the level of capital expenditures or maintenance and improvements required to sustain the operating performance of properties, which has a material economic impact on operating results, LPA’s management believes the usefulness of FFO Measures as measures of performance may be limited. LPA’s computation of FFO Measures may not be comparable to FFO measures reported by other real estate companies that define or interpret the FFO definition differently. Fair Market Value (FMV) Represents the value of a property based on current market conditions and appraised by a certified third party. Valuation methodology used by the third-party appraiser for the valuation of the assets and the factors which are part of the approaches, at the end we will present the ranges of the rates such as the market rents used for the entire portfolio. There are three basic approaches to value: • Income Approach • Discounted Cash Flow Method • Direct Comparison Approach • Cost Approach In practice, an approach to value is included or omitted based on its applicability to the property type being valued and the quality and quantity of information available. Income Approach The Income Approach reflects the subject’s income-producing capabilities. This approach assumes that value is created by expected income. Since the investment is expected to be acquired by an investor who would be willing to pay to receive an income stream plus reversion value from a property over a period, the Income Approach is used as the primary approach to value. The two common valuation techniques are the Discounted Cash Flow (DCF) Method and the Direct Capitalization Method.

26 Discounted Cash Flow Method Using this valuation method, future cash flows forecasted over an investment horizon, together with the proceeds of a deemed disposition at the end of the holding period. This method allows for modeling any uneven revenues or costs associated with lease up, rental growth, vacancies, leasing commissions, tenant inducements and vacant space costs. These future financial benefits are discounted to a present value at an appropriate discount rate based on market transactions. • A discount rate applicable to future cash flows and determined primarily by the risk associated with income, and • A capitalization rate used to obtain the future value of the property based on estimated future market conditions. These rates are determined based on: • The constant interviews we have with the developers, brokers, clients and active players in the market to know their expectation of IRR (before debt or without leverage). • Mainly the real transactions in the market are analyzed. Since we are a leading company in the real estate sector, we have extensive experience in most purchase transactions and we have the details of these before and during the purchase, which allows us to have a solid base when selecting our rates. Direct Capitalization Method This method involves capitalizing a fully leased net operating income estimate by an appropriate yield. This approach is best utilized with stabilized assets, where there is little volatility in the net income and the growth prospects are also stable. It is most commonly used with single tenant investments or stabilized investments. Direct Comparison Approach The Direct Comparison Approach utilizes sales of comparable properties, adjusting for differences to estimate a value for the subject property. This approach is developed in a simplified method to establish a range of unit prices for market comparable sales. This method is typically developed to support the Income Approach rather than to conclude on a value. Cost Approach The Cost Approach is based on the principle of substitution - that a prudent and rational person would pay no more for a property than the cost to construct a similar and competitive property - assuming no undue delay in the process. The Cost Approach tends to set the upper limit of value before depreciation is considered. Gross Leasable Area (GLA) The total floor area designed for tenant occupancy and exclusive use, including basements, mezzanines, and upper floors. Net Effective Rent (“NER”) This amount is calculated at the beginning of the lease using estimated total cash base rent to be received over the term and annualized. The NER per square foot number is calculated by dividing the annualized net effective rent by the occupied square feet of the lease. Net Operating Income (“NOI”) LPA defines NOI as profit for the period adjusted by (a) other revenue (which primarily relates to development fee revenue), (b) general and administrative expenses, (c) listing expense (d) investment property valuation gain, (e) interest income from affiliates, (f) financing costs, (g) net foreign currency gain or loss, (h) other income, (i) gain or loss on sale of investment properties, (j) gain on disposition of asset held for sale, (k) other expenses, and (l) income tax expense. Definitions Operating Portfolio This includes stabilized industrial properties. Assets held for sale are excluded from the portfolio. Return on Cost This is calculated on development properties as Stabilized rental revenue divided by TEI. Same-Property Our Same-Property metrics are non-IFRS financial measures, which are commonly used in the real estate industry and expected from the financial community, on both a net-effective and cash basis. We evaluate the performance of the operating properties we own and manage using a “Same-Property” analysis because the population of properties in this analysis is consistent from period to period, which allows us to analyze our ongoing business operations. The Same-Property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the Same- Property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the Same-Property population. We have defined the Same-Property portfolio, for the year ended December 31, 2025, as those properties that were owned by LPA as of January 1, 2024 and have been in operations throughout 2024 and 2025, excluding properties that were either disposed of prior to December 31, 2025, or held for sale to a third party as of December 31, 2025. We believe the factors that affect lease rental income, rental recoveries, property operating expenses and NOI in the Same-Property portfolio are generally the same as for our total operating portfolio. We use the following Same-Property metrics to valuate the performance of our operating properties: Same-Property NOI LPA defines Same Property NOI as NOI less non same-property NOI and adjusted for constant currency. LPA evaluates the performance of the properties it owns using a Same Property NOI, and LPA’s management believes that Same Property NOI is helpful to investors and management as a supplemental performance measure because it includes the operating performance from the population of properties that is consistent from period-to-period, thereby eliminating the effects of changes in the composition of LPA’s portfolio on performance. When used in conjunction with IFRS financial measures, Same Property NOI is a supplemental measure of operating performance that LPA’s management believes is a useful measure to evaluate the performance and profitability of LPA investment properties Same-Property Cash NOI LPA defines Same Property Cash NOI as Cash NOI less non same-property cash NOI and adjusted for constant currency. The same property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the same property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the same property population. Stabilization LPA defines stabilization as the earlier of the point at which a developed property has been completed for one year, or when it reaches a 90% occupancy rate. Stabilized NOI This metric is the estimated twelve months of potential gross rental revenue (base rent, including above or below market rents plus operating expense reimbursements) multiplied by 95% to adjust income to a stabilized vacancy factor of 5%, minus estimated operating expenses. Total Expected Investment (“TEI”) This represents total estimated cost of development or expansion, including land, development and leasing costs. TEI is based on current projections and is subject to change. Total Portfolio is comprised of the Operating Portfolio and Development Portfolio.

www.lpamericas.com

Fourth Quarter 2025 Investor Presentation Logistic Properties of the Americas

4 BOGOTA, COLOMBIA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,255,286 - 51 SAN JOSE, COSTA RICA Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 2,516,471 - - 7.6 mm sqft Gross Leasable Area(1) 100.0% Occupancy(2) 79.9% US dollars-denominated Leases(3) Example Properties 4.9 years Avg. remaining lease life(4) US$41.0 mm YTD 2025 NOI(5) 12.4% Cash NOI(5) Growth YTD 2025– 2024 Current Operations Expansion Plans Logistic Park Coyol I, Alajuela, Costa Rica Logistic Park Lurin I, Lima, Peru Logistic Park Calle 80, Bogota, Colombia (1) Includes 6.0 million sq ft of GLA in our total portfolio and 1.5 million of potential new GLA to be built-out in our land portfolio. (2) Operating Portfolio period end occupancy. (3) Based on active leases as of December 31, 2025. (4) Remaining lease life weighted average by leased area (5) NOI and Cash NOI are non-IFRS measures. (6) Land reserve acres are adjusted for Floor Area Ratio (“FAR”). LIMA, PERU Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 1,774,816 224,427 19 PUEBLA, MEXICO Operating GLA (sqft) Development GLA (sqft) Land Reserves (acres)(6) 257,688 - - LPA at a Glance As of December 31, 2025

5 LPA Develops Facilities to meet U.S. Institutional Standards Facility Specs Interiors Natural Light Fire Protection System: NFPA Clear Height: 39 ft Floor Capacity: 0.5-0.7 Tons/sqft Distance between Columns: optimized

6 Container Parking Platforms: 1 per 5,059 sqft Shared Maneuvering Yards: 187 ft Exclusive Maneuvering Yard: 125 ft LPA Develops Facilities to meet U.S. Institutional Standards Facility Specs Exteriors

7 Colombia Proven Track Record of Performance and Growth Net Operating Income Growth As of December 31, 2025 (1) 2022 – 2025 (Annualized) Operating Portfolio GLA Growth Adjusted EBITDA US$ in thousands Sq Ft in thousands CAGR(1): 12.9% US$ in thousands CAGR(1): 15.7% CAGR(1): 8.9% 4,038 4,620 5,122 5,804 2022 2023 2024 2025 $22,195 $25,953 $25,604 $28,678 2022 2023 2024 2025 $26,483 $34,185 $36,607 $40,964 $627 $14,329 $19,352 $20,756 $20,607 $7,063 $7,784 $8,263 $11,172 $5,091 $7,049 $7,588 $8,558 2022 2023 2024 2025 Costa Rica Peru Mexico

8 Coveted Tenant Relationships LPA’s differentiated Class A product and geographic diversification make it the ideal partner to large multinationals and respected regional / local players Logistic Services Consumer Goods and Distribution Retailer (including E-Commerce) Manufacturing and Other

9 Retailer MXN COP 26% 32% 17% 25% Operations Customer Concentration and Lease Expiration Analysis Customer Type Contractual Rent Increases Amount of Leases by Currency As of December 31, 2025 Logistic Services Consumer Goods Distribution Manufacturing and Other 19.4% 13.8% 40.1% 25.9% 0.8% 79.9% 19.4% 0.7% Top 10 Customers as % of Net Effective Rent % of Net Effective Rent Total Square Feet 1 Pepsico 8.6 % 253,770 2 Kuehne + Nagel 8.0 % 474,688 3 PriceSmart 5.4 % 265,083 4 Pequeño Mundo 4.9 % 270,572 5 Alicorp 4.8 % 335,812 6 Natura & Co 3.7 % 206,785 7 CEVA 3.4 % 219,734 8 Yichang 3.2 % 220,875 9 Samsung 2.9 % 200,209 10 Ikea 2.9 % 185,548 Total 47.8 % 2,633,076 Lease Expirations Net Effective Rent % of Currency Year Occupied Sq Ft Annualized (US$ in millions) % of Total $/Sq Ft COP USD MXN 2026 252,812 $ 1.9 3.7 % $ 7.34 — % 100% — % 2027 1,058,772 $ 8.3 16.5 % $ 7.82 46 % 54 % — % 2028 726,079 $ 5.4 10.8 % $ 7.49 15 % 85 % — % 2029 1,240,996 $ 10.6 21.1 % $ 8.55 26 % 68 % 6 % 2030 793,504 $ 6.5 12.9 % $ 8.18 — % 100.0 % — % Thereafter 1,732,094 $ 17.5 34.9 % $ 10.12 20.0 % 80.0 % — % Total 5,804,257 50.2 100 % $ 8.65 COL-CPI US-CPI Constant Escalator Other MX-CPI USD Lease Breakdown as Measured by Total Portfolio NER

10 11.0 11.8 11.6 12.2 13.6 8.9 9.4 9.6 10.4 11.6 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Rental Revenues and Net Operating Income continues to grow as positive annual changes in leases and increase in GLA Cash Same Properties NOI Growth Driven by Rent Growth and Free Rent Period Burning Out Solid Operating Performance Data as of December 31, 2025 98.3% 98.0% 94.5% 97.9% 100.0%100.0% 73.8% 85.9% 85.8% 84.1% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Operating Portfolio Development Portfolio US$ in millions Rental Revenues NOI 1.3% -3.0% -0.4% 4.8% 10.0% 5.0% (4.3)% (1.9)% 3.2% 13.9% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Same-Property NOI Same-Property Cash NOI Period-End Operating Portfolio Occupancy and Period-End Leased Development Portfolio

11 Mexico Developed Acquired 88.1% 11.9% 441 1,090 Data as of December 31, 2025 Organic Growth of up to ~1.8 million additional square feet through the Development of our Land Portfolio 5,804 sq ft 224 sq ft 1,531 sq ft 7,560 sq ft Operating Portfolio Dev. Portfolio Land bank and Expansion Land (square feet in thousands) Operating Portfolio by Country Development Portfolio by Country Operating Portfolio Acquired vs Developed (based on sq ft) (based on sq ft) (based on sq ft) OPERATING PORTFOLIO METRICS Net Rentable Area (sq ft) 5,804 Average Portfolio Aging 4.9 years Number of Logistic Properties 34 Period End Occupancy % 100.0% Average Building Size per Country: sq ft in 000’s Costa Rica 110 sq ft – 215 sq ft Peru 160 sq ft – 270 sq ft Colombia 215 sq ft– 325 sq ft Mexico 70 sq ft– 184 sq ft Average Tenant Size per Country: sq ft in 000’s Costa Rica 54 sq ft – 160 sq ft Peru 85 sq ft – 215 sq ft Colombia 160 sq ft– 270 sq ft Mexico 23 sq ft– 184 sq ft DEVELOPMENT PORTFOLIO METRICS Net Rentable Area (sq ft) 224 Number of Logistic Properties 1 Leased % 84.1% Development Pipeline per Country: Bldg # GLA (sq ft) % Leased Costa Rica - - - Peru 1 224,427 84.1% Colombia - - - Mexico - - - Total 1 224,427 84.1% 4% 43% 31% 22% Land bank and Expansion Land Based on Buildable Square Feet in Thousands Peru Colombia Peru Costa Rica Peru Colombia

12 100.0% Secured 26.1% 73.9% Fixed(1)Floating 82.5% 17.5% COP 2025 Q4 2025 Q3 2025 Net debt (US$ in millions) 261.3 256.0 Net debt over investment properties (end of period) 40.2 % 41.0 % Net debt / Profit (loss)(1) 16.2x 37.1x Net debt/ Adjusted EBITDA ratio(1) 9.1x 9.5x Net debt / NOI(1) 6.4x 6.5x US$ in millions Maturity Loans Wtd Avg.Cash Interest Rate 2026 10,270,261 7.4 % 2027 11,400,644 7.3 % 2028 24,716,396 6.8 % 2029 13,157,965 6.6 % 2030 17,117,341 6.6 % Thereafter 220,107,179 6.1 % Sub-total debt at par 296,769,786 6.3 % Accrued and deferred financing cost, net (1,434,877) Total Debt 295,334,909 Fixed vs Floating Rate Debt Secured vs Unsecured Debt Capitalization Debt Summary and Metrics Debt Summary Debt Metrics As of December 31, 2025 Debt by Currency USD (1) Net Debt related multiples are calculated using the annualized Adjusted EBITDA and NOI in their respective calculations.

13 Strong Focus on Sustainability We believe our ESG commitment is institutionalized in LPA’s corporate culture Social Governance Warehouses comply with highest standards of efficiency and environmental sustainability by means of EDGE certification – EDGE certification (sponsored by the IFC and World Bank), promotes the development of sustainable buildings with savings of at least 20% of potable water, electricity consumption and carbon footprint levels compared with conventional buildings All of LPA’s projects are managed through the Ecological Blue Flag Program (Bandera Azul), an award that acknowledges effort and volunteer work seeking to improve social and environmental conditions Internally managed - alignment of interests Board of Directors with extensive experience and adequate representation of shareholders Committees led by independent members Transparency through defined policies and regulations Protection mechanisms for minority shareholders Defined investment criteria Long-term incentive program prepared for managers Human Capital: professional development policies, training programs, annual bonus, feedback and annual review Value Chain: strict supplier selection criteria, suppliers code of conduct and databases, sustainable procurement practices, sustainable use of facilities manual for tenants, open communications channels Deep understanding of client needs – strategic partners in growth Community: sustainable business and community strategy, “Bandera Azul Ecológica” environmental program, corporate volunteering & environmental education Environmental

14LPA Coyol 1 Logistic Park, Costa Rica Appendix

15 Strong combination of experience and in-depth market knowledge The CEO and CFO have a combined track record of 30+ years and are complemented by local managers with deep knowledge of their respective markets Country Manager, Costa Rica Luis Conejo • 5 years with LPA • Previously Client Relationship Manager at Vivicon. Annette Fernández • 15+ years of industry experience, 7 years with LPA • Previously VP of Financial Operations and Investor Relations for FIBRA Prologis • 5 years at PwC. • B.S. in Accounting from University of Puerto Rico. CEO COO Guillermo Zarco Country Manager, Colombia • 8 years with LPA • Previously Logistics Portfolio Manager at Terranum. Alvaro Chinchayan Country Manager, Peru • 8 years with LPA • Previously Project Manager at PECSA and General Manager at Papelera Alfa. • 15+ years of experience as a CFO of public and private companies • Experienced in financial structuring. Closed transactions in asset-heavy and asset-light businesses • Led and executed multiple M&A transactions in the region, consulting experience from McKinsey & Co. • MBA from Harvard Business School and B.S. in Accounting and Finance from Universidad Panamericana in Guadalajara, Mexico. CFO Esteban Saldarriaga Paul Smith LPA has extensive industrial and real estate experience in America Country Manager, Mexico • Established operations for LPA in Mexico during 2025. • Previously Director of acquisitions at MIRA and Investments Vice President at TC Latin America Partners. • 15+ years of experience, 7 years with LPA • Principal in the Investment Team at Jaguar Growth Partners, a global private equity firm. • Significant experience in real estate operating companies. • Significant experience in real estate operating companies. • Led and executed multiple M&A transactions in the region. • International investment banking experience (J.P. Morgan). • MBA from Columbia Business School in New York City and B.S. and M.Sc. in Economics from Universidad Javeriana in Bogota Eduardo Nakash

16 As a Corporate Entity, LPA Offers a Differentiated Value Proposition Notes: (1) Assets Under Management Corporate Entity REIT Investment Focus • Focused on industrial real estate assets – Participate in the whole value chain with Development capabilities + Asset valuation + Asset Management • Rules on how assets must be invested – Total assets must be at least 75% real estate investments – Acquired or developed assets should be used for leasing activities only – No more than 20% of the assets can be invested in other REITs listed on the Stock Market Fee Structure • More Shareholder-Friendly Structure – No fees charged to investors – In-house management is fully aligned with the Company’s objectives • Fee structures can create conflicts of interest – Includes investor fees: i) fixed fee based on a % of AUM(1); and ii) incentive fee / specific metrics. – Potential conflict in prioritizing AUM(2) growth at the expense of choosing profitable, high-yielding investments Distributions • Focused on real estate quality and long-term value – Focused on total return – No requirement by regulation to distribute dividends – Taxes at the corporate level – All distributions to shareholders are post income tax on the P&L • Focused on initial returns – Focused on dividend yield – Required to distribute at least 90% of taxable net income as dividends annually – No taxes at the corporate level. Pass-through vehicle for the investor, subject to fiscal regime Compensation Structure • Internally Managed – Employed manager – Platform included (investment team, back-office support, etc.) • Externally Managed – Third-party manager – Dependence on the infrastructure of an external administrator

17 Definitions Please refer to LPA financial statements as prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board and filed with the Security and Exchange Commission (“SEC”) and other public reports for further information about LPA and LPA business. “YTD (Year to Date)” period starting from the beginning of the current year up to the current date, used to measure the performance over this period. Adjusted EBITDA. LPA defines Adjusted EBITDA as profit for the period adjusted by (a) interest income from affiliates, (b) financing costs, (c) income tax expense, (d) depreciation and amortization, (e) investment property valuation gain, (f) share-based payments, (g) one-time cash bonus related to the Business Combination, (h) gain on sale of asset held for sale (i) gain or loss on sale of investment properties, (j) listing expense, (k) other income, (l) other expenses and (m) net foreign currency gain or loss. Management uses Adjusted EBITDA to measure and evaluate the operating performance of LPA’s business, which consists of developing, leasing and managing industrial properties, before LPA’s cost of capital and income tax expense. Adjusted EBITDA is a measure commonly used in LPA’s industry, and it presents Adjusted EBITDA to supplement investor understanding of its operating performance. LPA’s management believes that Adjusted EBITDA provides investors and analysts with a measure of operating results unaffected by differences in capital structures, capital investment cycles and fair value adjustments of LPA’s assets. Cash Net Operating Income (Cash NOI) LPA defines Cash NOI as NOI adjusted for straight-line rental revenue during the relevant period. Debt Metrics We evaluate the following debt metrics to monitor the strength and flexibility of our capital structure and evaluate the performance of our management. Investors can utilize these metrics to make a determination about our ability to service or refinance our debt. Net Debt LPA defines Net Debt as LPA’s total debt (defined as long term debt plus long-term debt—current portion) less cash, cash equivalents and restricted cash. Net Debt to Profit (Loss) represents Net Debt divided by Profit (Loss) for the period. Net Debt to Adjusted EBITDA This metric represents Net Debt divided by Adjusted EBITDA. LPA’s management believes that this ratio is useful because it provides investors with information on LPA’s ability to repay debt, compared to LPA’s performance as measured using Adjusted EBITDA. Net Debt to Net Operating Income (NOI) This metric represents Net Debt divided by NOI. LPA’s management believes that this ratio is useful because it provides investors with information on LPA’s ability to repay debt, compared to LPA’s performance as measured using NOI. Net Debt to Investment Properties This metric represents Net Debt divided by Investment Properties (end of period value). LPA believes that this ratio is useful because it shows the degree in which Net Debt has been used to finance LPA’s assets. Development Portfolio Represents industrial properties that are under development and properties that are developed but have not met Stabilization. Development Yield This metric is calculated for development properties as Stabilized NOI divided by TEI. Estimated Build Out (TEI and sq ft) This metric represents the estimated TEI and finished square feet available for lease upon completion of an industrial building on existing parcels of land. Estimated Value Creation This metric represents the value that we expect to create through our development and leasing activities. We calculate Estimated Value Creation by estimating the Stabilized NOI that the property will generate and applying a stabilized capitalization rate applicable to that property. Estimated Value Creation is calculated as the amount by which the value exceeds our TEI, including closing costs and taxes. Funds From Operations, or FFO LPA defines FFO as profit (loss) for the period, excluding (a) investment property valuation gain, (b) gain or loss on sale of investment properties, and c) gain on sale of asset held for sale. LPA calculates FFO (as defined by LPA) as FFO, excluding (a) share-based payments, (b) one-time cash bonus related to the Business Combination, (c) listing expense, (d) other income and (e) other expenses. LPA defines Adjusted FFO as FFO (as defined by LPA), excluding (a) depreciation and amortization, (b) non-cash financing costs, (c) interest income from affiliates, (d) unrealized foreign currency gain or loss and (e) straight-line rental revenue. LPA uses FFO, FFO (as defined by LPA) and Adjusted FFO (collectively, “FFO Measures”) to help analyze the operating results of LPA’s assets and operations. LPA’s management believes that FFO Measures are useful to investors as supplemental performance measures because they exclude the effects of certain items which can create significant earnings volatility, as well as certain noncash items, but which do not directly relate to LPA’s ongoing business operations or cash flow generation. LPA’s management believes FFO Measures can facilitate comparisons of operating performance between periods, while also providing an indication of future earnings potential. However, since FFO Measures do not capture the level of capital expenditures or maintenance and improvements required to sustain the operating performance of properties, which has a material economic impact on operating results, LPA’s management believes the usefulness of FFO Measures as measures of performance may be limited. LPA’s computation of FFO Measures may not be comparable to FFO measures reported by other real estate companies that define or interpret the FFO definition differently. Fair Market Value (FMV) Represents the value of a property based on current market conditions and appraised by a certified third party. Valuation methodology used by the third-party appraiser for the valuation of the assets and the factors which are part of the approaches, at the end we will present the ranges of the rates such as the market rents used for the entire portfolio. There are three basic approaches to value: • Income Approach • Discounted Cash Flow Method • Direct Comparison Approach • Cost Approach In practice, an approach to value is included or omitted based on its applicability to the property type being valued and the quality and quantity of information available. Income Approach The Income Approach reflects the subject’s income-producing capabilities. This approach assumes that value is created by expected income. Since the investment is expected to be acquired by an investor who would be willing to pay to receive an income stream plus reversion value from a property over a period, the Income Approach is used as the primary approach to value. The two common valuation techniques are the Discounted Cash Flow (DCF) Method and the Direct Capitalization Method.

18 Discounted Cash Flow Method Using this valuation method, future cash flows forecasted over an investment horizon, together with the proceeds of a deemed disposition at the end of the holding period. This method allows for modeling any uneven revenues or costs associated with lease up, rental growth, vacancies, leasing commissions, tenant inducements and vacant space costs. These future financial benefits are discounted to a present value at an appropriate discount rate based on market transactions. • A discount rate applicable to future cash flows and determined primarily by the risk associated with income, and • A capitalization rate used to obtain the future value of the property based on estimated future market conditions. These rates are determined based on: • The constant interviews we have with the developers, brokers, clients and active players in the market to know their expectation of IRR (before debt or without leverage). • Mainly the real transactions in the market are analyzed. Since we are a leading company in the real estate sector, we have extensive experience in most purchase transactions and we have the details of these before and during the purchase, which allows us to have a solid base when selecting our rates. Direct Capitalization Method This method involves capitalizing a fully leased net operating income estimate by an appropriate yield. This approach is best utilized with stabilized assets, where there is little volatility in the net income and the growth prospects are also stable. It is most commonly used with single tenant investments or stabilized investments. Direct Comparison Approach The Direct Comparison Approach utilizes sales of comparable properties, adjusting for differences to estimate a value for the subject property. This approach is developed in a simplified method to establish a range of unit prices for market comparable sales. This method is typically developed to support the Income Approach rather than to conclude on a value. Cost Approach The Cost Approach is based on the principle of substitution - that a prudent and rational person would pay no more for a property than the cost to construct a similar and competitive property - assuming no undue delay in the process. The Cost Approach tends to set the upper limit of value before depreciation is considered. Gross Leasable Area (GLA) The total floor area designed for tenant occupancy and exclusive use, including basements, mezzanines, and upper floors. Net Effective Rent (“NER”) This amount is calculated at the beginning of the lease using estimated total cash base rent to be received over the term and annualized. The NER per square foot number is calculated by dividing the annualized net effective rent by the occupied square feet of the lease. Net Operating Income (“NOI”) LPA defines NOI as profit for the period adjusted by (a) other revenue (which primarily relates to development fee revenue), (b) general and administrative expenses, (c) listing expense (d) investment property valuation gain, (e) interest income from affiliates, (f) financing costs, (g) net foreign currency gain or loss, (h) other income, (i) gain or loss on sale of investment properties, (j) gain on disposition of asset held for sale, (k) other expenses, and (l) income tax expense. Definitions Operating Portfolio This includes stabilized industrial properties. Assets held for sale are excluded from the portfolio. Return on Cost This is calculated on development properties as Stabilized rental revenue divided by TEI. Same-Property Our Same-Property metrics are non-IFRS financial measures, which are commonly used in the real estate industry and expected from the financial community, on both a net-effective and cash basis. We evaluate the performance of the operating properties we own and manage using a “Same-Property” analysis because the population of properties in this analysis is consistent from period to period, which allows us to analyze our ongoing business operations. The Same-Property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the Same- Property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the Same-Property population. We have defined the Same-Property portfolio, for the year ended December 31, 2025, as those properties that were owned by LPA as of January 1, 2024 and have been in operations throughout 2024 and 2025, excluding properties that were either disposed of prior to December 31, 2025, or held for sale to a third party as of December 31, 2025. We believe the factors that affect lease rental income, rental recoveries, property operating expenses and NOI in the Same-Property portfolio are generally the same as for our total operating portfolio. We use the following Same-Property metrics to valuate the performance of our operating properties: Same-Property NOI LPA defines Same Property NOI as NOI less non same-property NOI and adjusted for constant currency. LPA evaluates the performance of the properties it owns using a Same Property NOI, and LPA’s management believes that Same Property NOI is helpful to investors and management as a supplemental performance measure because it includes the operating performance from the population of properties that is consistent from period-to-period, thereby eliminating the effects of changes in the composition of LPA’s portfolio on performance. When used in conjunction with IFRS financial measures, Same Property NOI is a supplemental measure of operating performance that LPA’s management believes is a useful measure to evaluate the performance and profitability of LPA investment properties Same-Property Cash NOI LPA defines Same Property Cash NOI as Cash NOI less non same-property cash NOI and adjusted for constant currency. The same property population for a given period includes the operating properties that were owned during the entirety of that period and the corresponding prior year period. Properties developed or acquired are excluded from the same property population until they are held in the operating portfolio for the entirety of both such periods, and properties that sold during such periods are also excluded from the same property population. Stabilization LPA defines stabilization as the earlier of the point at which a developed property has been completed for one year, or when it reaches a 90% occupancy rate. Stabilized NOI This metric is the estimated twelve months of potential gross rental revenue (base rent, including above or below market rents plus operating expense reimbursements) multiplied by 95% to adjust income to a stabilized vacancy factor of 5%, minus estimated operating expenses. Total Expected Investment (“TEI”) This represents total estimated cost of development or expansion, including land, development and leasing costs. TEI is based on current projections and is subject to change. Total Portfolio is comprised of the Operating Portfolio and Development Portfolio.

www.lpamericas.com

Source: View Original Filing on SEC EDGAR

FAQ

How did Logistic Properties of the Americas (LPA) perform financially in 2025?

LPA grew 2025 revenue 14.3% to $50.1 million and increased NOI 11.9% to $41.0 million. The company reported $16.1 million in profit, compared with a $19.4 million loss in 2024, which had included a significant one-time listing expense.

What were LPA’s key fourth-quarter 2025 operating results?

In Q4 2025, LPA’s revenue reached $13.7 million, up 23.3% year over year, and NOI rose to $11.6 million. Net earnings for the quarter were $10.9 million, highlighting accelerating profitability as recent stabilizations and rent increases flowed through results.

What is the size and occupancy of LPA’s real estate portfolio?

As of December 31, 2025, LPA’s operating portfolio comprised 34 properties with 5.8 million square feet of gross leasable area and a 100.0% occupancy rate. Average rent per square foot was $8.65, up 11.0% from 2024, reflecting strong tenant demand.

How leveraged is Logistic Properties of the Americas at year-end 2025?

At year-end 2025, LPA had total debt of $295.3 million and net debt of $261.3 million. Investment properties were valued at $649.8 million, resulting in a leverage ratio of 40.2%, with a weighted average cash interest rate of 7.4% on its debt.

What growth projects and pipeline does LPA have in Peru and Mexico?

LPA is developing the Callao Logistic Park B. 200 project in Peru, with 224,427 square feet, expected low-teens development yields, and 84.1% leasing. It also signed a forward purchase agreement of approximately US$200 million for Class A industrial assets in Mexico’s Central Park 57.

Who are some of LPA’s major tenants and how concentrated is rental income?

LPA serves multinational customers such as Pepsico, Kuehne + Nagel, PriceSmart, Samsung, and Ikea. The top 10 tenants account for 47.8% of net effective rent, spanning 2.63 million square feet, providing scale but also a moderate concentration of rental exposure.

How strong is leasing demand and pre-leasing in LPA’s development pipeline?

Demand appears robust, with 100.0% occupancy in the operating portfolio and 84.1% of the development GLA pre-leased as of December 31, 2025. This pre-leasing level supports visibility into future rental revenue as new projects, particularly in Peru, reach stabilization.

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Logistic Properties of the Americas (NYSE: LPA) boosts NOI and occupancy in 2025

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How did Logistic Properties of the Americas (LPA) perform financially in 2025?

What were LPA’s key fourth-quarter 2025 operating results?

What is the size and occupancy of LPA’s real estate portfolio?

How leveraged is Logistic Properties of the Americas at year-end 2025?

What growth projects and pipeline does LPA have in Peru and Mexico?

Who are some of LPA’s major tenants and how concentrated is rental income?

How strong is leasing demand and pre-leasing in LPA’s development pipeline?

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Logistic Properties of the Americas (NYSE: LPA) boosts NOI and occupancy in 2025

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FAQ

How did Logistic Properties of the Americas (LPA) perform financially in 2025?

What were LPA’s key fourth-quarter 2025 operating results?

What is the size and occupancy of LPA’s real estate portfolio?

How leveraged is Logistic Properties of the Americas at year-end 2025?

What growth projects and pipeline does LPA have in Peru and Mexico?

Who are some of LPA’s major tenants and how concentrated is rental income?

How strong is leasing demand and pre-leasing in LPA’s development pipeline?

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