Page 54 - Martin Marietta - 2024 Proxy Statement
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SUMMARY OF OUR COMPENSATION CONSIDERATIONS /
Martin Marietta is a leading upstream materials-led platform, whose long-term performance reflects our
resiliency, disciplined strategic development, and the power of our SOAR process
Aggregates-led #1 or #2 > 75 years 10 out of 11
Company in 90% of markets of reserves 1 growth megaregions where
we have operations
Disciplined 2010 2 $4.2bn market cap Today $37.3bn market cap (4/1/2024) 8.9x market cap growth
$1.8bn revenues $6.8bn revenues
execution of long-term 3.8x revenue growth
$96.8mm Net earnings from $1.2B Net earnings from
strategic plan continuing operations continuing operations 12.4x net earnings from continuing operations growth
$372mm Adjusted EBITDA* $2.1B Adjusted EBITDA* 5.7x Adjusted EBITDA growth*
Responsible
stewards of capital
Portfolio Optimization Prudent capex on projects Sustainable, meaningful dividend
provides flexibility and improves margin and product mix focused on efficiencies and returns maintained / increased every quarter
Committed to a culture 15% 99.9%
of sustainability reduction in CO2e emissions from of employees experienced zero
cement operations by 2030 incidents
Environmental responsibility World-class Safety Investment in human capital
Experienced executive
and local management
teams
support adhere to oversight by
9,400 employees 3 Code of Ethical Business Conduct Diverse, independent Board
2
3
1 Based on 2023 annual production level; As of December 31, 2010; As of December 31, 2023
* Adjusted EBITDA and Adjusted EBITDA growth are non-GAAP measures. See Appendix B for reconciliation to reported net earnings from continuing
operations attributable to Martin Marietta and related disclosures.
Through the expansion and portfolio optimization achieved in recent years in line with our thoughtful SOAR strategic plan,
we have been able to position our business as an aggregates leader in approximately 90% of the geographies in which we
operate and align our product offerings to leverage strategic cement and targeted downstream opportunities.
48 2024 PROXY STATEMENT