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2021 Annual Report

Building a Better Tomorrow

From the desk of

AGC OF AMERICA PRESIDENT BOB LANHAM

Building a better tomorrow

This is the second annual report to go out during my tenure as your AGC of America president. And while I would have preferred the world stay normal to serving a two-year term, we wanted to make the most of this opportunity. While last year’s annual report focused on the first part of my theme – engaging today – this report looks more closely at how that engagement is building a better tomorrow for our industry and our association.

We had more opportunities to focus on the long game in 2021 as the immediate crises of 2020 gave way and new opportunities and challenges emerged last year. This included opportunities to secure a multi-year, trillion-dollar investment in infrastructure, earn a seat at the climate change decision making table and prevent legislation and regulations that would have saddled our industry with needless new anti-growth measures for years to come.

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From the desk of

AGC OF AMERICA CEO STEPHEN E. SANDHERR

the winning formula: engaged members and a great staff

Pulling together this year’s annual report allows us to reflect on all that your national association accomplished in 2021. As rewarding as that experience is, the most gratifying part of assembling the annual report is appreciating how we were able to accomplish so much. The short – and accurate – answer is that we were so successful last year because we have engaged members and a great staff.

Having engaged members is important because it gives tremendous authenticity to our advocacy efforts. It is one thing for us to tell a member of Congress why some new bill will help or hurt the industry. But it is a lot more convincing to have members contact their Congressmen and Senators and explain to them how a piece of legislation will impact their business and the people who work for them.

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MESSAGE FROM THIS YEAR’S SPONSOR

Thank you to the Associated General Contractors of America (AGC) and its members for your continued partnership and for building the world around us. I’m continually inspired and humbled by the work you do every day. You build the hospitals we so desperately need, the schools our children attend, and the infrastructure that powers and brings them to life. Many of these structures will outlast most of us, as will the impact they have on the communities that use them. You have a lot to be proud of.

Your work touches everyone’s lives, every day. It’s one of the many reasons why I’m so passionate about this industry that I grew up in and love. It’s also why we have one focus at Procore: construction. Our priority is to develop the platform that allows you to do the best work of your lives, helping our communities thrive now, and far into the future.

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NEXT UPBUILDING A Better Political Environment

the winning formula: engaged members and a great staff

Thank you to the Associated General Contractors of America (AGC) and its members for your continued partnership and for building the world around us. I’m continually inspired and humbled by the work you do every day. You build the hospitals we so desperately need, the schools our children attend, and the infrastructure that powers and brings them to life. Many of these structures will outlast most of us, as will the impact they have on the communities that use them. You have a lot to be proud of.

Your work touches everyone’s lives, every day. It’s one of the many reasons why I’m so passionate about this industry that I grew up in and love. It’s also why we have one focus at Procore: construction. Our priority is to develop the platform that allows you to do the best work of your lives, helping our communities thrive now, and far into the future.

“Procore built a platform for people in construction. Procore is not just a technology company scanning the market and adding a new niche to their portfolio of products. We're a global company, our global footprint is expanding all the time, every day—and so is Procore. We had a goal, we had a vision, and we needed a product that would help us achieve it. Procore has assisted in bringing this vision to life.” – Kasey Bevans, CIO, Balfour Beatty

Since day one, Procore’s mission has been to connect everyone in construction on a global platform. This year marks two decades into that journey. While this is an exciting moment, what’s clearest to me is that we’re just getting started.

Reaching this milestone would not have been possible without our partnership with the AGC and its members. Together we’re working to solve the industry’s toughest challenges. At Procore, we know this goes beyond building the best products and services for the industry. Through our Capstone Partnership and membership in several local chapters nationwide, Procore has strengthened its alliance with the AGC to advance the industry.

We are a proud supporter of continuing education initiatives as well as AGC’s Culture of Care, which aims to create a more diverse and inclusive industry. We were humbled when AGC reached out to ask us to co-create the first matching scholarship for Historically Black Colleges and Universities, or HBCUs. Through our partnership, we’re continuing to work toward greater equity in construction by creating new pathways to onboard the next generation of construction leaders. We are also committed to closing the labor gap by supporting current and future essential workers through our workforce development efforts.

As we look to the future, we are committed to being a true partner to you, always working toward our vision of improving the lives of everyone in construction. We are honored to partner with the AGC and work alongside many of you as we drive the industry forward. To learn more about our workforce development efforts, visit www.procore.com/workforce-development

NEXT UPBUILDING A Better Political Environment

Building a Better Tomorrow

AGC President, Bob Lanham

The Winning Formula: Engaged Members and a Great Staff

AGC CEO, Stephen E. Sandherr