PROCORE TECHNOLOGIES, INC.

The Board recognizes that a robust and constructive evaluation process is an essential part of good corporate governance and Board effectiveness. Annually, the directors of the Board complete a written evaluation that is designed to assess Board and committee performance and effectiveness. The Nominating and Corporate Governance Committee oversees the evaluation process, and has periodically used a third-party consultant to support the evaluation process. The questionnaires and ongoing feedback from individual directors facilitate candid discussions about the Board’s culture, leadership structure, mix of director skills, qualifications, and experiences, oversight of risk, strategy, and operations, growth opportunities, and committee structure and effectiveness. The Nominating and Corporate Governance Committee and the Board may also take results from the annual Board and committee evaluation into consideration in connection with their review of director nominees to ensure the Board continues to operate effectively.