Page 7 - Martin Marietta - 2025 Proxy Statement

/ PROXY

Proxy Statement Highlights 2024 SOLID FINANCIAL

Shareholders Benefit from Martin Marietta’s Strong PERFORMANCE 1
2024 Performance
TOTAL REVENUES
This summary provides highlights of selected information about Martin
Marietta Materials, Inc. (the Company, Martin Marietta, we or us) from this $6.5 B
Proxy Statement. The Board of Directors is providing the Notice of 2025 -4%
Annual Meeting of Shareholders, this Proxy Statement and Proxy Card (the
Proxy Materials) in connection with the Company’s solicitation of proxies NET EARNINGS FROM CONTINUING
for the 2025 Annual Meeting (the Annual Meeting) to be held on May 15, OPERATIONS ATTRIBUTABLE TO
2025, and at any adjournment or postponement thereof. This Proxy MARTIN MARIETTA 2
Statement is being first mailed to shareholders on April 15, 2025. $2.0 B
This proxy summary highlights information contained elsewhere in our
Proxy Statement. The summary does not contain all the information +66%
that you should consider, and we encourage you to read the entire
Proxy Statement before voting. CONSOLIDATED ADJUSTED EBITDA 3
$2.1 B
2024 Safety & Financial Highlights from Continuing
Operations -3%
• Achieved word-class total injury incident rate (TIIR) for the
th
4 consecutive year AGGREGATES GROSS PROFIT
PER TON IMPROVEMENT
• Magnesia Specialties, Southwest and East Divisions outperformed
world-class TIRR with metrics of 0.00, 0.47 and 0.53, respectively +9% PROXY HIGHLIGHTS
• 99.9% of employees experienced zero lost-time incidents
NET MARGIN 2,4
• Increased Net Margin by 1,280 basis points
31%
• Expanded Consolidated Adjusted EBITDA margins by 20 basis points
• Achieved gross profit per ton improvement of 9%, despite lower +1,280 bps
shipments
CONSOLIDATED ADJUSTED EBITDA
• Optimized portfolio with nearly $4 billion of aggregates-led MARGIN 3
acquisitions and $2 billion of non-core asset divestitures
• Maintained a strong balance sheet 32%
1 All percentage increases and decreases are comparisons to full year results for the year +20 bps
ended December 31, 2023.
2 Includes a $976 million after-tax nonrecurring gain on the divestiture of the Company’s DIVIDENDS AND SHARE
South Texas cement plant and related ready mixed concrete operations. REPURCHASES
3 Consolidated Adjusted EBITDA, Consolidated Adjusted EBITDA margin and Net $639 M
Leverage are not measures under generally accepted accounting principles in the United
States (GAAP). Please see Appendix B for a reconciliation of non-GAAP measures to
GAAP measures and other disclosures related to the presentation of non-GAAP NET LEVERAGE AT DEC. 31, 2024 3
measures.
4 Net Margin is defined as the ratio between Net Earnings from Continuing Operations 2.3x
Attributable to Martin Marietta and Total Revenues.

Proposal 1 Election of 10 Directors See page 23
The Board recommends a vote FOR each of the Directors for more
information
Proposal 2 Ratification of the Appointment of PricewaterhouseCoopers LLP as our Independent Auditors for 2025 See page 37
The Board recommends a vote FOR ratification of PricewaterhouseCoopers for 2025 for more
information
Proposal 3 Advisory Vote to Approve the Compensation of our Named Executive Officers See page 85
The Board recommends a vote FOR our Say-On-Pay proposal for more
information
Proposal 4 Approve the 2025 Employee Stock Purchase Plan See page 86
The Board recommends a vote FOR approval of the 2025 Employee Stock Purchase Plan for more
information

MARTIN MARIETTA 1