Page 17 - Martin Marietta - 2024 Proxy Statement

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Effective Shareholder Engagement

Avenues of engagement Discussion highlights
We hold in-person and/or virtual meetings with › Company strategy, including acquisitions and
investor groups across the globe divestitures
We conduct quarterly conference calls with analysts › Financial and operating performance
We engage with investors continually through › Commercial and operational excellence goals
meetings, calls, written correspondence, and emails › Safety, environment and sustainability
We report investor feedback to the Management › Inclusion and engagement efforts
Development and Compensation Committee and the › Board oversight, refreshment and diversity
Board to assist in aligning pay and performance › Executive compensation
We implemented a formal Fall Engagement Program

Our Board, Management Development and Compensation Committee, Chair and Chief Executive Officer alongside our
top executive management team from Legal, Finance, Human Resources and Investor Relations have a robust
shareholder engagement program in place. This program is active year-round and accepts requests for engagement
from shareholders and proactively reaches out to initiate dialogue with our shareholders on topics that are important to
the Company.

The shareholder engagement team described above embarked on a comprehensive engagement effort in connection
with our 2023 Annual Meeting of Shareholders, which included a shareholder proposal on the establishment within a
year of greenhouse gas (GHG) reduction targets (GHG Proposal) and a lower than expected advisory vote on executive
compensation (Say On Pay), reaching out to over 30 of our top shareholders, representing approximately 64% of PROXY HIGHLIGHTS
outstanding shares for their feedback in regard to our executive compensation and our sustainability goals and actions.
We continued those discussions throughout the year and commenced a Fall Engagement Program in October 2023 to
discuss actions that the Management Development and Compensation Committee had taken in response to initial
shareholder feedback and to ensure that any actionable feedback could be better incorporated into Management
Development and Compensation Committee discussions and decisions for fiscal 2023 and beyond and to gauge the
responsiveness of our efforts with respect to climate-related matters. As part of our Fall Engagement Program, we
reached out to over 40 of our top shareholders, representing approximately 66% of our outstanding shares on the
same matters and other topics.

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