No idea about log/edl. Saw your PP screenshot so replying.
In Premiere Pro, sequence presets have no codes. They only hold certain video characteristics like Ratios, Resolutions, FPS and a few more. (And, I believe you’d be knowing this,) In case you drag a video that doesn’t match the sequence settings, you’d get a prompt regarding modifying sequence or using as it is and modify video dimensions later
You select codec from presets or manually at the time of export.
Regards,
Preet Malhotra