Page 6 - Martin Marietta - 2022 Proxy Statement

/ PROXY

Proxy Statement Highlights
RECORD FINANCIAL
Shareholders Benefit from Martin Marietta’s PERFORMANCE
Record 2021 Performance
PRODUCTS AND SERVICES
This summary provides highlights of selected information about Martin Marietta
Materials, Inc. (the Company, Martin Marietta, we or us) from this Proxy REVENUES
Statement. The Board of Directors is providing the Notice of 2022 Annual
Meeting of Shareholders, this Proxy Statement and Proxy Card (the Proxy $5.1 B
Materials) in connection with the Company’s solicitation of proxies for the 2022 +15%
Annual Meeting (the Annual Meeting) to be held on May 12, 2022, and at any
adjournment or postponement thereof.
This proxy summary highlights information contained elsewhere in our Proxy ADJUSTED GROSS PROFIT
Statement. The summary does not contain all the information that you should
$1.4 B
consider, and we encourage you to read the entire Proxy Statement before voting.
These are highlights of our financial performance +10%
in 2021:
OPERATING CASH FLOW
• Product and services revenues from continuing operations of
$5.1billion, up 15% $1.14 B
• Invested $3.11 billion for acquisitions, including the platform positions
in California and Arizona; issued $2.50 billion of long-term debt with +8%
a weighted-average interest rate of 2.2% to fund acquisitions
• Net earnings attributable to continuing operations of $702 million ADJUSTED EBITDA
• Gross profit from continuing operations of $1.3 billion $1.53 B
• Adjusted gross profit from continuing operations of $1.4billion, PROXY HIGHLIGHTS
an increase of 10% † +10%
• Earnings from operations from continuing operations of $974 million
ADJUSTED DILUTED EPS
• Adjusted EBITDA from continuing operations increased 10% to
$1.53 billion* † $12.28
• Cash flow from operations increased 8% to $1.14 billion
• Quarterly dividend increase of 7%, resulting in total annual +6%
dividends paid of $147.8 million, or $2.36 per share
• Diluted earnings per share from continuing operations of $11.21
• Adjusted diluted earnings per share from continuing operations
of $12.28 grew 6%* †
• Capital investments into operations of $423.1million
†Please see Appendix B for a reconciliation of non-GAAP measures to GAAP
measures.
* 2020 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

Proposal 1 Election of 11 Directors See pages 19-24
The Board recommends a vote FOR each of the Directors for more
information
Proposal 2 Ratification of the Appointment of PricewaterhouseCoopers LLP as our Independent Auditors for 2022 See page 35 for
The Board recommends a vote FOR ratification of PricewaterhouseCoopers for 2022 more
information
Proposal 3 Advisory Vote to Approve the Compensation of our Named Executive Officers See page 76 for
The Board recommends a vote FOR our Say-On-Pay proposal more
information

MARTIN MARIETTA 1