Page 10 - 2021 Sustainability Report
P. 10

COMPANY OVERVIEW




          Corporate Governance Highlights

          • Directors elected annually to serve one-year        • Lead Independent Director
            terms                                               • Independent chairs of Board Committees
          • Adopted proxy access                                • Eliminated single-trigger vesting in equity

          • Established robust stock ownership                    award agreements for grants beginning
            guidelines for officers and directors                 in 2019
          • No poison pill                                      • Implemented anti-hedging and
          • Eliminated excise tax gross-up,                       anti-pledging policy
            walk-right and value of perquisites in              • Adopted clawback policy
            the severance calculation in Employment             • Seven new Board members
            Protection Agreements                                 since 2016
          • Proactive, year-round engagement
            with shareholders




















































          Our Chattanooga Quarry
          Chattanooga, Tennessee


          8 2021 SUSTAINABILITY REPORT
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