Page 6 - Martin Marietta - 2021 Proxy Statement

/ PROXY

Proxy Statement Highlights
RECORD FINANCIAL
Shareholders Benefit from Martin Marietta’s PERFORMANCE
Record 2020 Performance
This summary provides highlights of selected information about Martin
PRODUCTS AND SERVICES
Marietta Materials, Inc. (the Company, Martin Marietta, we or us) from REVENUES
this Proxy Statement. The Board of Directors is providing the Notice of
2021 Annual Meeting of Shareholders, this Proxy Statement and Proxy $4.4 B
Card (the Proxy Materials) in connection with the Company’s solicitation
of proxies for the 2021 Annual Meeting (the Annual Meeting) to be held +0.2%
on May 13, 2021, and at any adjournment or postponement thereof.
This proxy summary highlights information contained elsewhere in our
Proxy Statement. The summary does not contain all the information that ADJUSTED EBITDA*
you should consider, and we encourage you to read the entire Proxy
$1.39 B
Statement before voting.
+11%
Proposals and Voting Recommendations
Board Voting
Proposal Description Recommendation Page DILUTED EPS

1 Election of eleven director FOR EACH DIRECTOR 18 $11.54
nominees NOMINEE
+18% PROXY HIGHLIGHTS
2 Ratification of the appointment FOR
of PricewaterhouseCoopers LLP 34
as independent auditors ADJUSTED EBITDA MARGIN*
3 Advisory vote on the FOR 29.4%
Company’s named executive 76
officer compensation +290 BPS

OPERATING CASH FLOW
These are highlights of our financial $1.05 B
performance in 2020:
+9%
• Products and Services revenues of $4.4 billion
• Net earnings attributable to Martin Marietta increased 18% to $721
million DEBT REDUCTION &
LEVERAGE RATIO †
• Adjusted EBITDA increased 11% to $1.39 billion* † $261 M **
• Earnings per diluted share increased 18% to $11.54*
1.9x
• Adjusted EBITDA margin as a percentage of total revenues improved
290 basis points to 29.4% †

• Cash flow from operations increased 9% to $1.05 billion
• Reduced debt by $261 million**; year-end leverage ratio at 1.9x
†Please see Appendix B for a reconciliation of non-GAAP measures to GAAP
measures.
* Adjusted EBITDA and earnings per diluted share included $70 million and $0.87
per diluted share, respectively, of nonrecurring gains on nonoperating land sales
and divested assets
** Included $149 million in external debt repayments and $112 million in
corporate owned life insurance loans redeemed

MARTIN MARIETTA 1