Procore Technologies Inc 2024年度报告

Dear Fellow Stockholders: Construction is more than just structures—it’s the foundation of our communities and the backbone of our dailylives. From the homes where we gather with loved ones to the infrastructure that keeps our world moving,construction connects us all. While construction has always played a vital role in society, the industry is now navigating a period of rapidtransformation. Demand is rising to meet the needs of a growing global population, projects are becoming morecomplex, and costs continue to climb. In response, the industry is embracing new ways to build—and we areproud to be developing the technology they trust to make this possible. At Procore, we believe the best way to meet these challenges is by building together. Our platform is designed toconnect owners, general contractors, and specialty contractors—empowering teams to build more efficiently,reduce risk, and eliminate rework. By fostering better collaboration, we’re helping to improve outcomes for people,businesses, and the planet. I started Procore 23 years ago, with a mission to connect everyone in construction on a global platform. Today,over two million construction professionals rely on Procore to do what they do best: build the world around us. I’mproud of the progress we’ve made, and it’s clear we’re just getting started. I’ve never been more excited about thefuture of construction. And now, thanks to the truly connected nature of our platform, we have the uniqueopportunity to harness the power of emerging technologies like artificial intelligence. The opportunity to apply AI tothe vast amounts of data our users generate presents an unprecedented chance to deliver even greater efficiency,predictability, profitability, and potential for our customers. Just as construction thrives through collaboration, we know that building strong partnerships with our stockholdersis equally important. This year, we deepened those relationships by engaging once again with many of our largeststockholders to gain insights into their thoughts about our corporate governance practices. By maintaining openlines of communication and actively seeking their feedback, we aim to better understand the expectations of ourstockholders. This collaborative approach underscores our dedication to building a resilient and forward-thinkingcompany, and we remain committed to continuing this dialogue and working together to create long-termstockholder value. With that, I’m pleased to invite you to our 2025 Annual Meeting of Stockholders. I encourage you to make yourvoice heard by voting on the proposals that will be presented at the meeting. Your vote is important. Whether ornot you plan to attend the meeting, please vote as soon as possible in advance of the meeting. Voting by proxy willguarantee that your shares are represented at the meeting, whether or not you choose to attend. Thank you for being part of our journey and for your continued support of Procore. Together, we are building astronger, smarter, and more connected future—and I couldn’t be more excited about what lies ahead. Craig “Tooey” F. Courtemanche, Jr.Founder, President, Chief Executive Officer, and Chair of the Board of Directors Notice ofAnnual Meetingof Stockholders Annual Meeting of Stockholders Date & TimeThursday, June 5, 20259:00 a.m., Pacific Time Record DateClose of Businesson April 11, 2025 Locationwww.proxydocs.com/PCOR To attend the 2025 annual meeting of stockholders (the “Annual Meeting”) of Procore Technologies, Inc., aDelaware corporation (“Procore,” “us,” or “our”), you will need the control number that appears on your Notice ofInternet Availability of Proxy Materials (the “Notice”), your proxy card, or the voting instructions that accompaniedyour proxy materials. The Notice is being mailed to stockholders on or about April 24, 2025. Our Board of Directors has fixed the close of business on April 11, 2025, as the record date (the “Record Date”)for the Annual Meeting. Only stockholders of record at the close of business on the Record Date are entitled tonotice of, and to vote at, the Annual Meeting. Items of Business The Annual Meeting will be held for the following purposes, which are more fully described in the accompanyingproxy materials: Adjournments and Postponements Any action on the items of business described above may be considered at the Annual Meeting at the time and onthe date specified above, or at any time and date on which the Annual Meeting may be properly reconvened afterbeing adjourned or postponed. Meeting Admission The Annual Meeting will be completely virtual and conducted via live webcast. There will not be a physical meetinglocation. The virtual-only meeting format allows us to leverage technology to provide a consistent experience to allstockholders regardless of location, to reduce the environmental impact of our meeting, and to facilitatestockholder participation. If you wish to attend the Annual Meeting, you must register in ad