Page 58 - Martin Marietta - 2024 Proxy Statement

SUMMARY OF OUR COMPENSATION CONSIDERATIONS /

Our Employees

Martin Marietta’s engaged and dedicated workforce is our greatest asset, and the continuing well-being of our employees
is critically important for our success. We are committed to providing all employees with the programs, resources, support
and opportunity necessary to grow. We strive to create safe, healthy, inclusive and highly engaging workplaces and hope
that our decisions in this area will extend far beyond our business, positively affecting people and communities for
generations to come.

• In support of attracting and retaining high-performing employees in a challenging
and dynamic employment market, we performed hundreds of proactive pay
analyses in 2023 to ensure market competitiveness.

• We also developed and implemented enhancements to Martin Marietta’s health
and wellness benefit offering and continued multi-channel communications to
increase employees’ understanding and appreciation of Martin Marietta’s highly
competitive retirement benefits package.

• Two new enterprise-level leadership training programs were successfully launched,
and a wide variety of training programs and events were conducted to support
the learning and development of employees at all levels of the organization.

• We increased our focus on early career talent acquisition and development with
the creation of a dedicated program manager.

• We strengthened Martin Marietta’s presence on numerous social media platforms
to enhance our brand recognition and recruitment efforts.

• We took deliberate steps to increase our name recognition in the competitive
Raleigh, North Carolina, talent market, where our headquarters is located.

Through these important efforts in 2023 and many more, we continued to build a compelling connection with current
and potential employees, increase the visibility and attractiveness of Martin Marietta as an employer of choice to
strengthen our talent pipeline, and increase employee engagement, development, morale and retention.

Importantly, we continued the efforts of our Inclusion and Engagement (I&E) Task Force in 2023. This group,
co-chaired by our Chair and CEO and our Chief Human Resource Officer, is focused on ensuring that our culture is
welcoming to all current and future employees, as well as open to new and diverse thought. We believe that employee
engagement happens when we bring together exceptional and diverse talent with different backgrounds, genders,
ethnicities, qualifications, perspectives, experiences, voices and skills to ensure that we will consistently develop the best
ideas and advance our world-class ambition. Enabled by an inclusive environment where each person feels like they
belong, are valued and can speak up, engagement allows us to forge stronger, more productive connections fueled by
trust, compassion and authenticity. It ensures we pursue excellence and continuously improve – as ONE Team.

Importantly, our impactful achievements related to inclusion and engagement in 2023 included:

• Completed a companywide inclusion and engagement awareness communications campaign to help managers and
employees better understand why inclusion and engagement matters and how inclusion and engagement are already
ingrained in Martin Marietta’s culture and values. The campaign highlighted that ensuring we maintain an inclusive and
engaging culture will help create a competitive advantage for the Company.

52 2024 PROXY STATEMENT