Martin Marietta Materials, Inc. · NYSE:MLM
Martin Marietta Materials — Merger or Acquisition (May 2021)
6 slides from Martin Marietta Materials's merger presentation, May 24, 2021
Slide 1: Martin Marietta to Acquire Lehigh Hanson's U.S. West Region
MARTIN MARIETTA TO ACQUIRE LEHIGH HANSON’S U.S. WEST REGIONMay 2021 1
Slide 2: Business and Transaction Overview
Business and Transaction Overview AGGREGATES~13MM tons17 active sites with~30 years average reserve lifeDeep-water import terminal and marine dredging in Bay Area CEMENT~1.5MM tons from 2 cement plants~1.1MM tons of import with large distribution terminal network READY MIX~2.3MM cubic yards from 29
Slide 3: Martin Marietta to Accelerate Coast-to-Coast Expansion with Scaled Aggregates Platform in the Western U.S.
Martin Marietta to Accelerate Coast-to-Coast Expansion with Scaled Aggregates Platform in the Western U.S. Priority SOAR 2025 Target Rare, Upstream Materials-Led Platform Expansion Solidifies Martin Marietta’s Positionas a Leading Coast-to-Coast Aggregates Producer Strategically Located in Target Me
Slide 4: Represents a Priority SOAR 2025 Expansion Target
4 Represents a Priority SOAR 2025 Expansion Target Platform Expansion… …in Targeted Megaregions Rare platform for West Coast expansion Maintains Martin Marietta’s upstream materials-ledprofile Expands geographic footprint coast-to-coast High-performing business with further earnings growth
Slide 5: Unparalleled Track Record of Platform Expansion Through M&A
Unparalleled Track Record of Platform Expansion Through M&A MARTIN MARIETTA HAS UTILIZED LARGE-SCALE ACQUISITIONS TO ESTABLISH ITS COVETED GEOGRAPHIC FOOTPRINT… “River for the Rockies” (2011) TEXAS INDUSTRIES (2014) BLUEGRASS MATERIALS (2018) Products: Aggregates, Cement, Ready- mixRationale: Create
Slide 6: California and Arizona's Early Cycle Demand Dynamics Support Significant Volume Upside
CALIFORNIA AND ARIZONA’S EARLY CYCLE DEMAND DYNAMICS SUPPORT SIGNIFICANT VOLUME UPSIDE Transaction Consistent with Disciplined M&A Strategy Market Structure Superior State Financial Position Employment / PopulationGrowth Population Density Business & EmploymentDiversity Continued opportunity for mar
Martin Marietta Materials — Merger or Acquisition (May 2021) on 6ix