Page 58 - Martin Marietta - 2022 Proxy Statement

2021 ACTUAL INCENTIVE CASH EARNED / COMPENSATION DISCUSSION AND ANALYSIS

the NEOs’ performance based on continuous improvement from the preceding year. As described above, the Committee
considered the following financial metrics in making this determination:
• Pre-Tax Earnings (profitability) as against prior year and current year plan
• EBITDA (profitability) as against prior year and current year plan
• DSO (cash flow) as against prior year and current year plan
• The factors outlined in the Resilience Scorecard, although the Committee did not adjust the award based on these factors

The table below summarizes the targets for 2021, individual achievements and annual incentive award earned by each NEO:
Target Annual 2021 Target 2021 Actual
Incentive Bonus Annual Annual
NEO 2021 Individual Goals (% of Salary) Incentive* Incentive
C. Howard Nye • Drive continuous improvement in the Company’s 140% $1,785,000 $3,500,000
safety culture and performance
• Generate long-term value for shareholders through
development and execution of the Company’s
Strategic Operating Analysis and Review (SOAR)
Plan, organic and inorganic growth, including
prudent allocation of capital
• Ongoing delivery and execution of management
succession and development plans
• Management of enterprise challenges, including
ongoing leadership through the ongoing global
pandemic
James A. J. Nickolas • Continue to develop the talent and capability of 75% $ 439,375 $ 856,965
finance team
• Effective development and oversight of financial
filings, audits and accounting
• Continue to develop and execute necessary plans to
ensure the strength of the Company’s balance sheet
Roselyn R. Bar • Effective management of the legal department, 80% $ 488,667 $1,001,973
including appropriate handling of compliance and
securities laws matters, annual and periodic
reporting, corporate governance, transactions, and
robust case assessment
• Provide oversight of ethics program as Chief Ethics
Officer
• Oversee Sustainability function
• Continue to improve processes and management of
Corporate Secretary function
Craig M. LaTorre • Define and develop the safety strategy and gain 70% $ 358,633 $ 690,000
business alignment on long-term safety initiatives
• Execute the Company’s COVID-19 protocols to
protect employee health and safety
• Develop and implement key Human Resources
priorities, which include talent acquisition,
employee development, performance management
and succession planning
• Effective leadership of the Company’s total rewards,
diversity, inclusion, employee engagement efforts
John P. Mohr • Promote and drive tech initiatives that both support 70% $ 281,867 $ 540,000
short term needs and create a foundation for future
growth
• Continue to simplify application portfolio and
streamline and automate new solutions
• Provide ongoing support for existing systems to
ensure reliability, security and data integrity

* Based on actual base salary earned in 2021.

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