Page 54 - Martin Marietta - 2024 Proxy Statement
P. 54

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.




































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