Page 53 - Martin Marietta - 2025 Proxy Statement

/ SUMMARY OF OUR COMPENSATION CONSIDERATIONS

• We continue to participate in the recycled aggregates market following the acquisitions of recycling assets in Texas,
California and Minnesota in recent years. We processed and shipped approximately 4 million tons of concrete and
asphalt generated from various construction and demolition projects in 2024.
• During 2024, our Chair and CEO, joined by other senior executives, continued our robust engagement with investors
and others relating to our Sustainability story through proactive shareholder engagement programs conducted during
both the Spring and the Fall. This specific annual outreach included detailed phone conversations, written
communications, and in-person meetings with over 50 of our top shareholders in 2024, representing approximately
75% of outstanding shares.
• We continued our review of potential technical solutions relating to GHG controls, product improvements and alternate
fuels in 2024; these include carbon capture, artificial intelligence and co-location of green hydrogen production.
• We responded to multiple stakeholder sustainability questionnaires in 2024, including CDP, SBTi, ISS, CPA-Zicklin, Great Place
®
to Work and Sustainalytics. In addition, we reviewed surveys and data collection from Climate Action 100+ and MSCI.
• In response to shareholder requests, we completed our first internal water use survey to allow us to develop appropriate
and relevant data relating to our water usage and the impact on our communities.

Safety

We are pleased to report the Company realized its safest year ever in 2024 with continued record-setting and industry-
leading safety performance, as measured by reportable and lost-time incidents. This level of absolute and relative safety
performance is superb inside and outside the industry. It results from our Company’s Guardian Angel culture, which we
endeavored to strengthen throughout 2024 so that it engages each employee and empowers everyone to make safe
choices with every task every day. This incredible safety performance further strengthens our belief that Zero is Possible.

Martin Marietta’s Ames Mine, our Diamond Elite winner, earned a Sentinels of Safety Award from the National
Mining Association in 2024. This award is the oldest and most esteemed honor in the mining industry, recognizing
mining teams that record the most hours in a calendar year without a single lost-time injury. The National Ready Mixed
Concrete Association (NRMCA) recognized 34 Martin Marietta ready-mixed concrete plants for gold-level Excellence in
Safety achievement in 2024, and the Portland Cement Association presented its Chairman’s Safety Award to Martin
Marietta’s Midlothian Cement Plant in Texas.

In addition, the Company’s Bennett Quarry in Colorado was recognized by the National Stone, Sand and Gravel
Association (NSSGA) as a silver-level Safety Excellence Award winner in 2024. This award recognizes operations that have
gone the longest duration without a reportable incident in their size category, based on data provided by the
U.S. Department of Labor’s Mine Safety and Health Administration (MSHA).

We achieved our eighth-consecutive year of world-class Lost-Time Incident Rate
(LTIR) performance and our fourth-consecutive year of world-class Total Incident
Injury Rate (TIIR) performance

Eighth Year of World-Class LTIR Fourth Year of World-Class TIIR Results

0.39 1.34
1.26
0.24 0.84 0.78 0.78 0.65
0.17
0.15 0.13 0.129 World-Class World-Class
Safety Level Safety Level
(0.20) (0.90)
2010 2015 2021 2022 2023 2024 2010 2015 2021 2022 2023 2024
Note: Safety data as of 12/31/24. LTIR per 200,000 hours worked. World-class levels based on general industries.

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