Page 7 - Martin Marietta - 2023 Proxy Statement

/ PROXY

Proxy Statement Highlights
RECORD FINANCIAL
Shareholders Benefit from Martin Marietta’s PERFORMANCE
Record 2022 Performance
PRODUCTS AND SERVICES
This summary provides highlights of selected information about Martin Marietta REVENUES
Materials, Inc. (the Company, Martin Marietta, we or us) from this Proxy
Statement. The Board of Directors is providing the Notice of 2023 Annual $5.7 B
Meeting of Shareholders, this Proxy Statement and Proxy Card (the Proxy
Materials) in connection with the Company’s solicitation of proxies for the 2023 +13%
Annual Meeting (the Annual Meeting) to be held on May 11, 2023, and at any
adjournment or postponement thereof.
GROSS PROFIT
This proxy summary highlights information contained elsewhere in our Proxy
Statement. The summary does not contain all the information that you should
consider, and we encourage you to read the entire Proxy Statement before $1.4 B
voting.
+6%
These are highlights of our financial performance
ADJUSTED EBITDA
in 2022:
$1.6 B
• Product and services revenues from continuing operations of
$5.7billion, up 13%
+5%
• Net earnings attributable to continuing operations of $856 million
• Gross profit from continuing operations of $1.4 billion, an increase
of 6%
• Earnings from operations from continuing operations of $1.2billion
• Adjusted EBITDA from continuing operations increased 5% to
$1.6 billion*
• Quarterly dividend increase of 8%, resulting in total annual PROXY HIGHLIGHTS
dividends paid of $159 million, or $2.64 per share on an annualized
basis
• Diluted earnings per share from continuing operations of $13.70
• Adjusted diluted earnings per share from continuing operations
of $12.07*
• Capital investments into operations of $482 million
• Announced and/or completed over $1 billion of non-core asset
divestitures in 2022, continuing our long track record of delevering
following acquisitions, returning net leverage to 2.5x at
December 31, 2022*
*Please see Appendix B for a reconciliation of non-GAAP measures to GAAP
measures

Proposal 1 Election of 10 Directors See pages 23-27
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 2023 See pages 37-38
The Board recommends a vote FOR ratification of PricewaterhouseCoopers for 2023 for more
information
Proposal 3 Advisory Vote to Approve the Compensation of our Named Executive Officers See page 88 for
The Board recommends a vote FOR our Say-On-Pay proposal more
information
Proposal 4 Advisory Vote on the Frequency of Executive Compensation Vote See page 89 for
The Board recommends EVERY 1 YEAR as the frequency of Executive Compensation Votes more
information
Proposal 5 Vote on a Shareholder Proposal, if properly presented at the meeting See pages 90-95
The Board recommends AGAINST for more
information

MARTIN MARIETTA 1