Procore IPO Presentation Deck

$400M Revenue PROCORE A Leading Provider of Construction Management Software ANCIE 10,166 Total Customers $22M Operating Cash Flow $380M Cash Balance 300M+ Documents, Photos or Inspections Uploaded or Created 60% Customers Subscribe to 3+ Products 83% Non-GAAP Gross Margin 94% Gross Retention Notes: We define the number of customers at the end of a particular period as the number of entities that have entered into one or more subscriptions with us for which the term has not ended, or with which we are negotiating a subscription renewal. An entity with multiple subsidiaries, segments, or divisions is defined and counted as a single customer, even if we have separate subscriptions with multiple subsidiaries, segments, or divisions that are part of the same entity. We define annual recurring revenue ("ARR") at the end of a particular period as the annualized dollar value of our subscriptions from customers as of such period end date. For multi-year subscriptions, ARR at the end of a particular period is measured by using the stated contractual subscription fees as of the period end date on which ARR is measured. For example, if ARR is measured during the first year of a multiyear contract, the first year subscription fees are used to calculate ARR. ARR at the end of a particular period includes the annualized dollar value of subscriptions for which the term has not ended, and subscriptions for which we are negotiating a subscription renewal. ARR should be viewed independently of revenue and does not represent our generally accepted accounting principles ("GAAP") revenue on an annualized basis. ARR is not intended to be a replacement for or forecast of revenue. Non-GAAP gross margin is calculated as gross margin excluding stock-based compensation expense and amortization of acquired technology intangible assets. GAAP gross margin was 82% in 2020. See appendix for a reconciliation of non-GAAP measures to GAAP. All stats as of, or for the year ending, December 31, 2020. PROCORE® PROPRIETARY AND CONFIDENTIAL | 3

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