Page 27 - 2022 Sustainability Report

COMPANY OVERVIEW

Political Contributions and Lobbying

At Martin Marietta, we believe our success depends on the ability to integrate important values into our long-term
corporate strategy. In addition to safety, environmental, employees, communities, and our other important considerations
that advance our sustainable value, this includes making sure that our political expenditures and advocacy are aligned
with our core business strategy, goals and values. In particular, we recognize the importance of monitoring our political
spending and our participation in trade associations, including those that may lobby on climate change-related concerns,
as well as maintaining our robust governance procedures. Martin Marietta’s policy with regard to political contributions
and lobbying is that it must be carried out in a lawful and ethical manner that promotes the interests of the Company
without regard for private political preferences of individual executives, officer or directors. To continue our transparency
with investors regarding these and other sustainability and climate-related topics, we are providing this information to
promote an understanding of the issues that are important to Martin Marietta in this regard and the governance we have
on these actions.

Political Contributions
“We believe that contributions

that do not align with a company’s Martin Marietta does not have a Political Action
Committee and, accordingly, does not make direct
stated values and business contributions to political candidates, parties or committees

strategy and for which boards do at the federal level. Generally our political contributions are
relatively small. In 2022, Martin Marietta’s direct political
not have appropriate oversight contributions to 527 groups and/or political associations in

could have a negative impacton respect of state and local matters totaled $105,250,
including the following:
shareholders.”

• Political campaign support $16,500
• Infrastructure funding $88,750

Additional information regarding political contributions is
available on our website.

Trade Associations

We are a member of various national and state trade associations, in addition to the U.S. Chamber of Commerce, that
make political contributions. We believe all the groups of which we are a member share and otherwise further our goals,
as well as providing both a useful forum for discussing issues of general industry significance and an effective platform for
advocating positions on issues of importance to the members, including Martin Marietta. We periodically review lobbying
registrations submitted by these associations as part of our continuing membership and do not believe any have taken any
position as part of their lobbying efforts that are inconsistent with our stated strategy or in conflict with the interest of our
shareholders, though from time to time such associations may take positions on issues that are not fully representative of
ours. Overall, we believe that Martin Marietta’s membership in such associations is in the long-term interests of the
Company and its shareholders. Our total indirect lobbying payments made in 2022 were $215,539. The four national
trade associations to whom we have paid dues, that include a portion that goes towards lobbying or political donations
are the National Stone Sand & Gravel Association, the National Ready Mixed Concrete Association, the National Asphalt
Pavement Association, and the US Chamber of Commerce.

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