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Q2-2023 - Quarterly Construction Metrics Index

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4 • Data for copper pricing comes from Trimble's Construction Supply Chain group. • All other data—including for project, contract values, hiring and cash flow—is aggregated from anonymized, real-time data from about 1,000 Trimble Viewpoint customers. • The data has been secured and masked to protect customer identities. It was entered into Trimble Viewpoint's software management systems during the second quarter of 2023 and compared to the second quarter of 2022. • The data is sourced from Trimble Viewpoint's North American clients, who are located in all 50 states and Canada. • Some data, including contract values, may be slightly delayed, since contractors often don't completely enter contract costs until well after a project begins. • Data is categorized into three verticals, which companies self-identify in Trimble Viewpoint's system of record: Audience Demographics › General Contractors: Includes prime contractors in the commercial, industrial, and custom residential markets who deliver vertical construction projects. They may or may not self-perform work across one or more trades. › Heavy Highway/Civil: Includes contractors who often serve as prime on horizontal construction projects such as roads and bridges, pipelines, energy, and other utility projects. They often self-perform work even when serving as prime; for example, paving. › Specialty Contractors: Includes all trade contractors such as electrical, mechanical, concrete, drywall, and landscaping. These firms typically serve as subcontractors on projects; but larger trade contractors, particularly electrical and mechanical, may also take on the role of prime contractor on certain projects. Construction Activity Index - Q2 2023 ©Trimble Viewpoint, Inc. All Rights Reserved.

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