DEFA14A: Procore Technologies Sets Date for 2025 Annual Stockholders Meeting

Procore Technologies will hold its 2025 Annual Meeting of Stockholders virtually on June 5, 2025, with stockholders of record as of April 11, 2025, eligible to vote.

Summary

• Procore Technologies, Inc. will hold its 2025 Annual Meeting of Stockholders on June 5, 2025, at 9:00 AM Pacific Time.
• The meeting will be held virtually via live webcast.
• Stockholders of record as of the close of business on April 11, 2025, are eligible to vote.
• Votes can be cast via the Internet or phone up until the start of the Annual Meeting, or at the Annual Meeting itself.
• To attend the Annual Meeting, stockholders must register by June 4, 2025, at 11:59 PM PT.
• The board of directors recommends a vote FOR Proposals 1, 2, and 3.
• Proposal 1 involves the election of three Class I directors to hold office until the company's 2028 annual meeting.
• Proposal 2 is to ratify the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2025.
• Proposal 3 is to approve, on a non-binding, advisory basis, the compensation of the company's named executive officers.

Sentiment

Score: 7

Explanation: The document is a routine corporate communication, so the sentiment is neutral to slightly positive due to the standard procedures being followed.

Positives

• The virtual format of the meeting allows for broader participation from stockholders.
• Stockholders have multiple options for voting, including online, phone, and in-person at the virtual meeting.

Future Outlook

The document outlines the agenda and procedures for the upcoming annual meeting, focusing on corporate governance matters such as director elections and auditor ratification.

Industry Context

The announcement is a standard corporate communication related to the annual meeting of stockholders, a common practice for publicly traded companies.

Management Changes

Stakeholder Impact

• Shareholders are asked to vote on key proposals related to the company's governance and direction.
• The outcome of the votes will influence the composition of the board and the selection of the company's auditor.

Next Steps

• Stockholders should review the proxy materials and vote on the proposals.
• Stockholders who wish to attend the virtual meeting should register by the specified deadline.

Key Dates

Keywords

Annual Meeting, Stockholders, Proxy Statement, Procore Technologies, Voting, Directors, PricewaterhouseCoopers, Executive Compensation