Page 89 - Martin Marietta - 2023 Proxy Statement

/ PAY VERSUS PERFORMANCE

Pay Versus Performance

The Company is required to disclose in its Proxy Statement information that shows the relationship between
“Compensation Actually Paid” as defined in Item 402(v) of Regulation S-K and the financial performance of the Company.
The Management Development and Compensation Committee did not consider the Pay Versus Performance disclosure
when making its executive pay or incentive compensation decisions for any of the years shown. For a discussion of how
the Management Development and Compensation Committee seeks to align pay with performance when making
compensation decisions, please review the Compensation Discussion and Analysis beginning on page 41. The table and
notes below provide this disclosure for the fiscal years ending December 31, 2022, 2021 and 2020.

Average Value of Initial Fixed $100
Summary Average Investment Based on:
Compensation Compensation
Table Total Actually Paid Company
Summary for Non-PEO to Non-PEO Peer Group Selected
Compensation Compensation Named Named Total Total Measure
Table Total Actually Paid Executive Executive Shareholder Shareholder Net (Adjusted
for PEO to PEO (2),(3) Officers Officers Return (7) Return (7) Income EBITDA) (8)
Year (1) ($) ($) ($) ($) ($) ($) ($) ($)
2022 12,784,251 6,452,731 (4) 2,438,871 1,415,556 (4) 123.76 133.61 866,740,000 1,617,010,000
2021 14,939,587 39,031,817 (5) 2,739,108 6,627,252 (5) 160.17 159.52 702,770,000 1,533,200,000
2020 12,818,588 12,254,009 (6) 2,618,321 2,456,130 (6) 102.59 121.61 721,050,000 1,392,820,000

(1) The PEO and NEOs included in the above compensation columns reflect the following:

Year PEO NEOs
2022 C. Howard Nye James A. J. Nickolas, Roselyn R. Bar,
Craig M. LaTorre, John P. Mohr
2021 C. Howard Nye James A. J. Nickolas, Roselyn R. Bar,
Craig M. LaTorre, John P. Mohr
2020 C. Howard Nye James A. J. Nickolas, Roselyn R. Bar,
Daniel L. Grant, Craig M. LaTorre

(2) The dollar amounts reported for our PEO and NEOs under “Compensation Actually Paid” represent the amount of “Compensation
Actually Paid” to the PEO and NEOs, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not
reflect the actual amount of compensation earned by or paid to the PEO or NEOs during the applicable year.
(3) For the portion of “Compensation Actually Paid” that is based on year-end stock prices, the following prices were used: for 2022:
$337.97, for 2021: $440.52 and for 2020: $283.97.

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