Delivering Record Performance Through Operational Excellence

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#1AA Martin Marietta INVESTOR PRESENTATION AUGUST 1, 2019#2DISCLAIMER Statement Regarding Safe Harbor for Forward-Looking Statements This presentation may contain forward-looking statements - that is, information related to future, not past, events. Like other businesses, Martin Marietta is subject to risks and uncertainties which could cause its actual results to differ materially from its projections or that could cause forward- looking statements to prove incorrect, including the risks and uncertainties discussed in Martin Marietta's most recent Annual Report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, which have been filed with the Securities and Exchange Commission (SEC) and are readily accessible on the SEC's website and the Company's website. Except as legally required, Martin Marietta undertakes no obligation to publicly update or revise any forward- looking statements, whether resulting from new information, future developments or otherwise. Non-GAAP Financial Measures This presentation contains certain financial measures presented on a non-GAAP basis. These non- GAAP financial measures are not in accordance with, nor are they a substitute for, GAAP measures. Reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures are provided in the Appendix to this presentation. Investor Presentation A Martin Marietta 2#3WHY INVEST IN MARTIN MARIETTA? ?? *** 000 Investor Presentation Leading U.S. natural resource-based building materials company with OVER 100 YEARS of high-quality aggregates reserves Disciplined execution of a SOLID LONG-TERM STRATEGIC PLAN INDUSTRY-LEADING safety, environmental and financial performance and operational excellence +) Steadfast commitment to CORE VALUES STRATEGICALLY POSITIONED in high-growth markets with attractive underlying fundamentals Capital allocation priorities to MAXIMIZE LONG-TERM SHAREHOLDER VALUE дд EXPERIENCED executive and local management teams 3#4MARTIN MARIETTA AT A GLANCE loa 8,800+ Employees - 300 + Aggregates Quarries, As of December 31, 2018 Investor Presentation 2 Cement Plants 9 Asphalt Plants 12 Mg • U.S. based company and Martin Marietta Mines & Yards 140 Ready Mixed Concrete Plants 2 Magnesia Specialties Facilities · • • member of the S&P 500 Index Leading supplier of aggregates and heavy-side building materials used in infrastructure, nonresidential and residential construction projects (Building Materials business) Operations spanning 27 states, Canada and the Bahamas Producer of magnesia-based chemicals products and dolomitic lime (Magnesia Specialties business) 4#5BUILDING A WORLD-CLASS ORGANIZATION#6MARTIN MARIETTA'S JOURNEY BUILDING A SOLID BASE FOCUSING ON FUNDAMENTALS EXPANDING THE PLATFORM A Martin Marietta Martin Marietta BUILDING A WORLD-CLASS ORGANIZATION 1994 TO 2006 Becoming a leading aggregates producer in the United States 2007 TO 2010 Navigating the business during the Great Recession $750M market capitalization (1994) 1994 Listed on New York Stock Exchange 1995 to 2003 - Actively participated in industry consolidation (56% of 2003 sales derived from acquisitions) 1998 Achieved $1B in revenues 2003 to 2006- Focused on internal capital investment projects to provide capacity expansion in growing markets 2005/2006 - Shipped peak aggregates volumes of 205M tons (twelve months ended March 31, 2006) Other highlights: • Expanded waterborne capabilities and rail- based distribution networks $4.2B market capitalization (2010) 2007 - Achieved prior peak Adjusted EBITDA of $587M 2009 - Experienced 40 percent decline in aggregates tons since 2005 peak volumes 2010 Launched long-term strategic plan (SOAR) Other highlights: • • Throughout the Great Recession, Martin Marietta remained profitable and was the only company in its industry to not cut or suspend dividends #1 or #2 in 65% of markets 2011 TO 2017 Transforming the business through aggregates-led expansion $14B market capitalization (2017) 2011 - Completed the River for the Rockies asset exchange, the largest asset swap in the U.S. building materials industry - 2014 Became the largest supplier of construction aggregates, cement and ready mixed concrete in Texas through the $2.757B acquisition of TXI 2014 Entered S&P 500 - 2016 - #9 performer in the S&P 500 2017 - Achieved Adjusted EBITDA of over $1B Other highlights: • Completed 26 acquisitions 2018 AND BEYOND Positioning Martin Marietta as an industry leader committed to the long-term success of employees, communities and other stakeholders 2018 Completed $1.62B acquisition of Bluegrass Materials Company 2019 expected to be another record year Other highlights: #1 or #2 in 90% of markets . Completed 60 acquisitions Investor Presentation • Completed 8 acquisitions 6#7MOVING FORWARD AS A UNIFIED WORLD-CLASS ORGANIZATION Martin MISSION As a leading provider of natural resource-based building materials, Martin Marietta provides the foundation upon which our communities improve and grow. H Martin Marietta Building a World-Class Organization VALUES VISION Our goal is building a world-class organization committed to the long-term success of our employees, communities and other stakeholders. SAFETY We are uncompromising in our commitment to the safety and health of our people and the community. INTEGRITY We will do the right thing by adhering to our core values and ethical business principles. EXCELLENCE We are committed to being a role model through responsible innovation and continuous improvement. COMMUNITY Our strength and success is derived from our people and the relationships they build within our neighborhoods and cities. STEWARDSHIP Our responsibility is to make the world better today and for future generations. Investor Presentation 7#8ACHIEVING WORLD-CLASS SAFETY TOTAL INJURY INCIDENT RATE The total injury incident rate (TIIR) for heritage Martin Marietta operations was 1.04 in 2018, improving on the previous record established in the prior year. Company-wide, we achieved a TIIR of 1.13. 1.30 1.32 1.28 1.26 1.13 1.09 World-Class Safety Level (0.90) 2013 2014 2015 2016 2017 2018 LOST-TIME INCIDENT RATE Company-wide, we achieved a world-class lost-time incident rate (LTIR) for the second consecutive year. 0.32 0.30 0.28 0.24 2013 2014 2015 2016 NMA. National Mining Association 2018 SENTINELS OF SAFETY AWARD Burning Springs Mine Martin Marietta World-class performance NSSGA NATIONAL STONE, SAND & GRAVEL ASSOCIATION 0.20 World-Class Safety Level (0.20) 2018 SAFETY EXCELLENCE AWARDS 0.15 2017 2018 Note: TIIR and LTIR rates are per 200,000 man hours worked. All data current as of 12/31/18. World-class levels based on general industries. Investor Presentation 6 winners 80#9DOING BUSINESS THE RIGHT WAY Martin Marietta will conduct its business in strict compliance with applicable laws, rules, regulations, and corporate and operating unit policies, procedures and guidelines, with honesty and integrity, and with a strong commitment to the highest standards of ethics. It is the obligation of all directors, officers, employees and consultants, as well as contingent and temporary employees of Martin Marietta, to adhere to these standards. A Martin Marietta Code of Ethical Business Conduct Martin Marietta Código de Conducta Ética Comercial Investor Presentation www.martinmarietta.com NYSE:MLM www.martinmarietta.com NYSE:MLM 9#10DELIVERING RECORD PERFORMANCE THROUGH OPERATIONAL EXCELLENCE TOTAL REVENUES CAGR + 12% $4.2B $1.7B 2010 2018 ADJUSTED EBITDA * DILUTED EPS CAGR + 14% $377M $1,092M CAGR + 17% $2.10 Martin Marietta $7.43 2010 2018 2010 2018 * Adjusted EBITDA is a non-GAAP financial measure. See appendix for reconciliation to net earnings attributable to Martin Marietta. Investor Presentation 10 10#11STRIVING FOR A MORE SUSTAINABLE FUTURE A SUSTAINABILITY is an integral part of our strategy, annual planning process and day-to-day business. We are committed to fulfilling our responsibilities to our stakeholders. Martin Marietta SAFE OPERATIONS Protecting all who come in contact with our products and operations, and creating a culture of responsible leadership EMPLOYEE WELL-BEING Supporting and investing in our people - the foundation of our success COMMUNITY WELL-BEING Being a responsible neighbor and supporting the communities that are home to our operations TOGETHER, we build solid foundations, support our communities, and grow our business responsibly. Please visit our Sustainability website to learn more about Martin Marietta's sustainable business practices and commitments, including our pledge to continue to reduce emissions and to establish targets for improvement. Investor Presentation ENVIRONMENTAL STEWARDSHIP Protecting the Earth's resources and reducing our environmental impact 11 11#12PROACTIVELY ENGAGING WITH SHAREHOLDERS Non- Management & Independent Directors Meet Regularly Without Management Annual Board and Committee Self- Assessment Overboarding Policy Annual Election of Directors Mandatory Retirement Age for Directors Majority Voting for Shareholders CORPORATE GOVERNANCE HIGHLIGHTS Eliminated staggered board - Directors elected for 1-year terms Eliminated gross-up, walk-right on Change of Control Eliminated single-trigger vesting for equity awards beginning in 2019 55% of directors are current or former public company CEOs Independent Lead Director No Pledging or Hedging of Martin Marietta Stock SHAREHOLDER RIGHTS AND GOVERNANCE PRACTICES Proxy Access Clawback Robust Stock Ownership Policy Requirements Investor Presentation Established robust stock ownership guidelines for Officers and Directors No Poison Pill ✓ Implemented hedging and pledging policy ✓ Adopted clawback policy Martin Marietta 65.5 years average Director age BOARD WITH DIVERSE SKILLS AND EXPERIENCE 44% of directors are women or minorities ✓ Implemented majority voting standard Eliminated shareholder rights plan ✓ Adopted proxy access ✓ Added 4 new Board members since 2016 ✓ Published Annual Sustainability Report 9.4 years average Director tenure As reported in Martin Marietta's 2019 Annual Meeting of Shareholders Proxy Statement dated August 10, 2019 12#13STRATEGIC PLANNING PROCESS#14PLANNING FOR LONG-TERM SUCCESS WITH STRATEGIC OPERATING ANALYSIS AND REVIEW (SOAR) Martin Marietta SOAR PROVIDES THE EXECUTION FRAMEWORK FOR MARTIN MARIETTA'S LONG-TERM STRATEGIC PLAN 00 Expand platform for growth in markets with attractive underlying fundamentals Align the business profile to generate industry-leading operational and financial performance Allocate capital while maintaining financial flexibility Investor Presentation 14#15ASSESSING MARKET ATTRACTIVENESS AND GROWTH OPPORTUNITIES Martin Marietta GEOGRAPHY IS CRITICALLY IMPORTANT AS BUILDING MATERIALS PRODUCTS ARE PRIMARILY SOURCED AND SOLD LOCALLY. MARTIN MARIETTA HAS FOCUSED ON STRATEGICALLY POSITIONING THE BUSINESS TO BE AGGREGATES LED IN HIGH-GROWTH GEOGRAPHIES. POPULATION GROWTH AND/OR DENSITY BUSINESS AND EMPLOYMENT DIVERSITY SUPERIOR STATE FINANCIAL POSITION 828 الله Drives increased per capita heavy-side building materials consumption Bolsters greater economic and market stability Supports public infrastructure growth Investor Presentation 15#16STRATEGICALLY POSITIONING THE BUSINESS IN ATTRACTIVE GEOGRAPHIES Martin Marietta MARTIN MARIETTA HAS A #1 OR #2 POSITION IN 90% OF THE MARKETS IN WHICH WE OPERATE; UP FROM 65% IN 2009 Cascadia Northern California Front Range Southern California Arizona Sun Corridor Martin Marietta Locations Source: America 2050 Investor Presentation Texas Triangle Great Lakes Piedmont Atlantic Florida Gulf Coast Northeast SIGNIFICANT STRATEGIC PRESENCE IN 7 OF 11 MEGAREGIONS Majority of the nation's population and economic growth through 2050 will occur in 11 megaregions, defined as large networks of metropolitan population centers covering thousands of square miles 16#17ALIGNING TODAY'S BUSINESS PROFILE A A Martin USDOT 382883 Martin Marietta AGGREGATES-LED STRATEGIC CEMENT Complements leading aggregates positions • Leading aggregates positions in 90% of our markets • • Serves as a raw material for downstream business • Local businesses in markets with strong underlying growth fundamentals High barriers to entry TARGETED DOWNSTREAM Complements leading aggregates positions Markets that are historically vertically integrated Investor Presentation 17#18EXECUTING ON SOAR TO EXPAND THE BUSINESS A Martin Marietta STRENGTHENED AGGREGATES FOOTPRINT WITH COMPLETION OF BLUEGRASS ACQUISITION IN August 2018 Investor Presentation MARKET ATTRACTIVENESS DRIVERS • Aggregates positions in high-growth regions of Southeast and Mid-Atlantic • STRATEGIC RATIONALE Provides over 2 billion tons of high-quality aggregates reserves New growth platform in the southern portion of Northeast Megaregion (Maryland) • Expands product offerings to new and existing customers • Complementary to existing southeastern footprint (Georgia) . 20 percent to 30 percent below mid-cycle aggregates demand Positions Company to meaningfully benefit from anticipated increased aggregates demand Generates best-in-class profit margins SECOND-LARGEST TRANSACTION IN COMPANY'S HISTORY 18#19CONSISTENTLY DELIVERING SHAREHOLDER VALUE ONE-YEAR TOTAL RETURN AS OF DECEMBER 31, 2019 64% 31% 25% FIVE-YEAR TOTAL RETURN AS OF DECEMBER 31, 2019 165% 74% 41% MLM S&P S&P 500 MLM S&P S&P 500 Common 500 Stock Index Materials Index Common 500 Materials Stock Index Index Represents total shareholder return (inclusive of dividends) for applicable periods ending December 31, 2019 Investor Presentation A Martin Marietta 19#20EXECUTING ON SOAR TO EXPAND THE BUSINESS REPOSITIONING THE BUSINESS 90% today #1 or #2 market positions 65% 2009 PURSUING PRICING OPPORTUNITIES D STRENGTHENING AGGREGATES PLATFORM Note: SOAR implemented in 2010 Investor Presentation 어 4.5B TONS Martin Marietta Aggregates average selling price UP $3.38 PER TON SINCE 2009 (3% compound annual growth rate) Reserves added since 2009 20 20#21ALLOCATING CAPITAL TO MAXIMIZE LONG-TERM VALUE Martin Marietta ACQUISITIONS ORGANIC CAPITAL INVESTMENT Investor Presentation RETURN OF CASH TO SHAREHOLDERS $ 21 21#22EVALUATING OPPORTUNITIES TO BUILD CRITICAL MASS Martin Marietta • • Ongoing disciplined evaluation of aggregates-led opportunities of scale. in existing and new domestic markets Opportunistic expansion through acquisitions that complement existing operations Divestitures of assets that are not consistent with stated strategic goals. 90+ TRANSACTIONS COMPLETED since becoming a public company in 1994 . ACQUISITIONS Investor Presentation 222#23PRUDENTLY DEPLOYING CAPITAL INTO THE BUSINESS Martin Marietta ORGANIC CAPITAL INVESTMENT Any Investor Presentation • • Investment priorities to ensure safe, environmentally-sound and efficient operations and to provide a foundation for continued responsible growth Opportunistic land purchases for expansion of quarry footprint and reserves Organic capital investment at annual levels approximating depreciation expense over an economic cycle Selling nonoperating real estate, where appropriate, to reinvest into operations. ANNUAL CAPITAL SPENDING OF $350M TO $400M projects focused on efficiencies and returns 225 23#24ENHANCING SHAREHOLDER VALUE Martin Marietta RETURN OF CASH TO SHAREHOLDERS $ Sustainable and meaningful dividend that has been maintained or increased every quarter since becoming a public company Systematic structured share repurchases to preserve targeted leverage ratio 100th CONSECUTIVE QUARTERLY DIVIDEND declared in May 2019 $1.5 BILLION RETURNED TO SHAREHOLDERS in form of dividends and share repurchases since February 2015 repurchase authorization announced Investor Presentation 24 24#25NANEN W COMPANY OUTLOOK 2019 AND BEYOND#261 AGGREGATES CONSUMPTION HAS ONLY MODESTLY REBOUNDED FROM THE GREAT RECESSION Martin Marietta U.S. CONSTRUCTION AGGREGATES CONSUMPTION¹ Martin Marietta heritage aggregates volumes MODESTLY ABOVE TROUGH LEVELS 3.4B TONS 2006 PEAK 2.2B TONS 2010 TROUGH 2.6B TONS 2018 Source: U.S. Geological Survey (Crushed Stone and Sand & Gravel) Investor Presentation Aggregates volumes (tons) 205M 125M 2 2005/2006 PEAK 2010 TROUGH Heritage 171M 40M Tons added via acquisitions since 2008 5% HERITAGE GROWTH 131M from trough levels Acquisitions 2 Peak tons for twelve-month period ended March 31, 2006 2018 26#27MAKING NEEDED INFRASTRUCTURE INVESTMENTS ASSURES ECONOMIC RECOVERY AND GROWTH ECONOMIC GROWTH DEPENDS UPON EFFICIENT, SAFE AND WELL-MAINTAINED INFRASTRUCTURE Enhancing critical transportation assets will boost the economy. 60 IN THE LONG-TERM, THIS WILL Augment economic competitiveness Martin Marietta • Reduce travel delays and transportation costs • Improve the environment • Improve access, mobility and safety THE U.S RANKS 15TH IN THE WORLD IN INFRASTRUCTURE SPENDING (percentage of GDP) Source: American Society of Civil Engineers REPORT CARD D+ U.S. INFRASTRUCTURE Stimulate sustained job growth The 2015 AASHTO* Transportation Bottom Line Report found that annual investment in the nation's roads, highways and bridges NEEDS TO INCREASE FROM $88B TO $120B to improve conditions and meet the nation's mobility needs. * American Association of State Highway and Transportation Officials 슈 The Federal Highway Administration estimates that each dollar spent on road, highway and bridge improvements results in an average benefit of $5.20 Investor Presentation • Reduced vehicle maintenance costs and fuel consumption Reduced travel delays and maintenance costs • Improved safety IN THE FORM OF Reduced emissions as a result of improved traffic flow 27#28INFRASTRUCTURE MAKING NEEDED INFRASTRUCTURE INVESTMENT Martin DRIVES ECONOMIC GROWTH Undeniable need to RESTORE AND MODERNIZE OUR NATION'S INFRASTRUCTURE exists. Construction activity should benefit from the funding provided by the FIXING AMERICA'S SURFACE TRANSPORTATION ACT (FAST ACT) and state and local initiatives. Dodge Data & Analytics forecasts a POSITIVE OUTLOOK FOR AGGREGATES-INTENSIVE HIGHWAYS AND STREETS construction in 2019. 2019 COMPANY OUTLOOK 28#29OUR STATES PLAY AN EXPANDED ROLE IN PUBLIC-SECTOR ACTIVITY Martin Marietta DEPARTMENTS OF TRANSPORTATION NOVEMBER 2018 BALLOT INITIATIVES DOT NCDOT 346 Texas Department state and local infrastructure initiatives on November 6 ballot NORTH CAROLINA DEPARTMENT OF TRANSPORTATION of Transportation DEPARTMENT OF TRANSPORTATION GDOT Georgia Department of Transportation IOWADOT SMARTER I SIMPLER I CUSTOMER DRIVEN FDOT SCDOT South Carolina Department of Transportation 79% APPROVED $30B one-time and recurring funding for approved transportation initiatives across the nation INDIANA INDOT ENT OF DEPARTMENT Investor Presentation TRANSPORT MOT MARYLAND DEPARTMENT OF TRANSPORTATION TEXAS, NORTH CAROLINA, GEORGIA, FLORIDA AND VIRGINIA Martin Marietta beneficiary states 29 29#30NONRESIDENTIAL COMMERCIAL AND HEAVY INDUSTRIAL ACTIVITY A REMAINS HEALTHY COMMERCIAL CONSTRUCTION ACTIVITY SHOULD INCREASE, particularly in Martin Marietta's southeastern and southwestern regions, supported by the Dodge Momentum Index and Architectural Billing Index. Continued federal regulatory approvals, coupled with final investment decisions, should notably contribute to INCREASED HEAVY BUILDING MATERIALS CONSUMPTION FROM NEW ENERGY-RELATED PROJECTS, a significant demand driver in Texas. 2019 COMPANY OUTLOOK 30 Martin Marietta#31RESIDENTIAL RESIDENTIAL CONSTRUCTION CONTINUES TO GROW A Residential construction DRIVES FUTURE NONRESIDENTIAL AND INFRASTRUCTURE ACTIVITY. Outlook remains POSITIVE FOR MARTIN MARIETTA'S KEY MARKETS, supported by favorable demographics, job growth, land availability and efficient permitting. MARTIN MARIETTA'S TOP TEN STATES ARE OUTPACING THE NATION for growth in housing unit permits. 2019 COMPANY OUTLOOK 31 Martin Marietta#32MACROECONOMIC DRIVERS SUPPORT CONTINUED EXPANSION OF CONSTRUCTION CYCLE TOP 10 STATES * MID-CYCLE AGGREGATES DEMAND TEXAS COLORADO NORTH CAROLINA GEORGIA IOWA * Martin Marietta's top 10 sales-generating states based on 2018 Building Materials product revenues by state of destination Martin Marietta POPULATION GROWTH 2017 - 2040 FISCAL HEALTH 44% 20% below At mid-cycle 20% above 10% below 10% above AAA 40% AA 20% below At mid-cycle 20% above 10% below 10% above 22% AAA 20% below At mid-cycle 20% above 10% below 10% above 23% AAA 20% below At mid-cycle 20% above 10% below 10% above 20% below At mid-cycle 20% above 10% below 10% above Management calculation based on aggregates consumption per capita multiplied by estimated state population 9% AAA Sources: U.S. Bureau, Population Division (December 2017) and Weldon Cooper Center for Public Service (May 2016) U.S. State Ratings and Outlooks August 13, 2018 Source: S&P Global 32#33MACROECONOMIC DRIVERS SUPPORT CONTINUED EXPANSION OF CONSTRUCTION CYCLE TOP 10 STATES * FLORIDA MID-CYCLE AGGREGATES DEMAND Martin Marietta POPULATION GROWTH 2017 - 2040 FISCAL HEALTH 35% 20% below At mid-cycle 20% above 10% below 10% above AAA SOUTH CAROLINA 25% AA+ 20% below At mid-cycle 20% above 10% below 10% above INDIANA 20% below At mid-cycle 20% above 7% AAA 10% below 10% above MARYLAND 20% below 17% At mid-cycle 20% above AAA 10% below 10% above NEBRASKA * Martin Marietta's top 10 sales-generating states based on 2018 Building Materials product revenues by state of destination 20% below At mid-cycle 20% above 10% below 10% above Management calculation based on aggregates consumption per capita multiplied by estimated state population 15% AAA Sources: U.S. Bureau, Population Division (December 2017) and Weldon Cooper Center for Public Service (May 2016) U.S. State Ratings and Outlooks August 13, 2018 Source: S&P Global 33#34WELL-POSITIONED FOR LONG-TERM SUCCESS Leading U.S. natural resource-based building materials company with OVER 100+ YEARS of high-quality aggregates reserves (+ Steadfast commitment to CORE VALUES ?? *** କଳକ Disciplined execution of a SOLID LONG-TERM STRATEGIC PLAN INDUSTRY-LEADING safety, environmental and financial performance and STRATEGICALLY POSITIONED in high-growth markets with attractive underlying fundamentals Capital allocation priorities to MAXIMIZE LONG-TERM SHAREHOLDER VALUE EXPERIENCED executive and local management teams Investor Presentation operational excellence 34#35CONTACT INFORMATION CORPORATE HEADQUARTERS Martin Marietta 2710 Wycliff Road Raleigh, NC 27607 +1 919-781-4550 INVESTOR RELATIONS +1 919-783-4691 WEBSITE www.martinmarietta.com Investor Presentation A Martin Marietta 35#36APPENDIX#37DEFINITIONS AND RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES Martin Marietta Adjusted EBITDA, defined as earnings before interest, income taxes, depreciation, depletion and amortization, the noncash earnings/loss from nonconsolidated equity affiliates, and significant nonrecurrent income and expenses, is a financial indicator of a company's ability to service and/or incur indebtedness. Adjusted EBITDA is not defined by generally accepted accounting principles and, as such, should not be construed as an alternative to net earnings or operating cash flow. ($ in millions) YEAR ENDED DECEMBER 31 2007 2010 2018 NET EARNINGS ATTRIBUTABLE TO MARTIN MARIETTA Add back: $ 263 $ Interest expense Income tax expense for controlling interests Depreciation, depletion and amortization expense and earnings/loss from nonconsolidated equity affiliates Bluegrass acquisition-related expenses, net Impact of selling acquired inventory after its markup to fair value as part of acquisition accounting Asset and portfolio rationalization charges ADJUSTED EBITDA St The Company modified its calculation of Adjusted EBITDA in 2019. Prior year amounts have been calculated consistently with the 2019 presentation. Investor Presentation 97 $ 470 61 69 137 117 29 106 146 182 328 - 13 19 19 $ 587 $ 377 $ 1,092 37#38Martin Marietta THANK YOU FOR YOUR INTEREST IN MARTIN MARIETTA FOR MORE INFORMATION, PLEASE VISIT MARTINMARIETTA.COM

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