On January 12, 2026, the Board of Directors (Board) of AppFolio, Inc. (Company) decreased the number of directors that comprise the Board from nine to seven directors in accordance with the Company?s Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws and upon the recommendation of the Board?s Nominating and Corporate Governance Committee, elected Saori Casey to the Board as a Class II Director effective as of February 12, 2026 to fill the existing vacancy on the Board. Ms. Casey will serve on the Board until the 2026 Annual Meeting of Shareholders and until her successor is duly elected and qualified or until her earlier death, resignation or removal. Ms. Casey is currently the Chief Financial Officer of Sonos, Inc., a position she has held since January 2024.

From July 2011 to December 2023, Ms. Casey served as the Vice President of Financial Planning and Analysis and Investor Relations at Apple, Inc., where she also managed compensation and benefit programs. Prior to that, Ms. Casey spent 15 years at Cisco Systems, Inc., where she held various roles as a finance executive. Ms. Casey currently serves on the Board of Directors of Houzz, Inc. and also serves on its Audit Committee, as Chair, and Compensation Committee. Ms. Casey received a B.A. in Economics from the University of California, Santa Barbara and an M.B. A from Peter F. Drucker Graduate School of Management at the Claremont Graduate University, where she has served as a member of the Drucker Advisory Board since 2018.