Vulcan Materials Company – Social Responsibility | Our Environmental, Social & Governance Commitments to You

SUSTAINING DURABLE GROWTH

I’m pleased to share with you Vulcan Materials Company’s 2023 Sustainability Report.

The Vulcan Way is doing the right thing, the right way, at the right time.

Nearly 11,000 men and women at Vulcan Materials Company serve our customers and deliver results to our shareholders The Vulcan Way. By doing the right thing, the right way, at the right time, we are growing sustainably. Our employees are taking care of one another, putting the safety and health of our workforce above all else, stewarding resources and managing our environmental impacts and being good neighbors and forces for good in our communities.

Sustainability shows up in our two-pronged strategy for Durable Growth in many ways.

As we Enhanced Our Core through operational excellence and strategic sourcing, we drove growth, profitability, and sustainability performance. We invested in innovative technology solutions, grew the capabilities and diversity of our talented workforce, accelerated our use of renewable diesel fuels, and continued to replace equipment that reached the end of its life with new and more efficient machines. Cash gross profit per ton grew, employee retention rates improved, and greenhouse gas (GHG) emissions remained relatively flat on an intensity basis.

We also Expanded Our Reach by strengthening our positions in growing markets, evaluating opportunities to responsibly create a presence in new markets, and taking a disciplined approach to portfolio management. Across 23 states, the District of Columbia, the U.S. Virgin Islands, Canada, Honduras, the Bahamas, and Mexico, we managed approximately 300,000 acres of land in varying life-cycle stages. We engaged stakeholders, evaluated the potential impacts of our operations, and crafted programs to manage impacts and build relationships with neighbors and communities.

I want to thank our employees for their dedication, hard work, and loyalty to one another, and I’m pleased to share this 2023 Sustainability Report, which highlights our performance related to environmental, social, and governance (ESG) related topics.

Together, we will continue to focus on driving sustainable, durable growth The Vulcan Way.

Sincerely,

J. Thomas Hill
Chairman and Chief Executive Officer

Doing The Right Thing, The Right Way, At The Right Time. It's The Vulcan Way.

We are the company we are today thanks to the positive actions of our nearly 11,000 team members. We believe that doing the right thing is good for our business, our environment and our society. That’s our commitment.

Our Mission

Provide quality products and services that consistently exceed our customers’ expectations. Be responsible stewards with respect to safety and the environmental impact of our operations and products. Drive value and superior returns for our customers, employees, communities and shareholders.

We maintain the highest degree of respect for people – for their dignity, talents and interests. We believe that empowering, mentoring, training and rewarding our people helps create a highly engaged workforce, happy people and sustainable, long-term value.

We act fairly and honorably to earn the respect and trust of all parties with whom we interact. We hold ourselves to high ethical standards, including abiding by both the letter and spirit of the laws and regulations related to our business.

We are committed to excellence in all of our activities. We value innovation. We strive to maintain a position of leadership in all of our businesses.

Our Commitments

People

At Vulcan, our team members are our most valuable asset and the reason for our success. When we say the “Vulcan family,” implicit in that description is a promise to every one of our almost 12,000 employees that we are dedicated to fostering a culture of integrity, teamwork, and mutual respect. We are proud to offer career development and training opportunities, a positive company culture, and comprehensive benefits designed to support the needs of our employees and their families. At Vulcan, we invest in the success of our business by first investing in our people.

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Health & Safety

The safety and health of our people is our top priority and the foundation of how we do business. Our Safety, Health, and Environmental (SHE) teams include input from every level of our organization — from senior leadership in the Safety, Health, & Environment Management Committee to operations and safety personnel from each site. We are dedicated to continuous improvement of our safety programs through ongoing internal inspections, regulatory audits, and sharing of best practices.

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Environmental Stewardship

Environmental stewardship is necessary for Vulcan’s long-term sustainability and growth. Production of construction aggregates requires land, energy, and water. Efficient use of these resources and management of the environmental impacts of our operations are embedded in our business planning. Our intentional approach to environmental stewardship has also produced increased operational efficiency and reduced costs, new opportunities for growth, and effective risk management.

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Neighbors & Community

Being a good neighbor and corporate citizen is not just the right thing to do for our business, but it is how we build lasting partnerships in our communities. From collaborating with local community groups and philanthropic organizations to government officials, supply chain partners, and Indigenous groups, we believe in being active and engaged neighbors. The nature of our business is built on sustainable, long-term investments — if we operate in a community, we are committed to being a positive contributor to that community for years to come.

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Governance

Our Board of Directors understands the importance of evaluating and determining the optimal leadership structure to provide independent oversight of management. We have established six committees on our Board, and all, other than the Executive Committee, are comprised entirely of independent directors. Additional information about the composition, structure, tenure, and compensation of our Board of Directors and committees can be found in our 2023 Proxy Statement.

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Vulcan Highlights

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North Carolina

Clear Creek

Mideast Division

Community

Meeting Our Next Generation of Leaders

Our Clear Creek Quarry team enjoyed visiting with students, parents and educators from Clear Creek Elementary School in Charlotte, NC. We have been Business & Education Partners since 1992!

Quintana Roo

Sac-Tun

International Division

Community

An Achievement in Community Relations

Congratulations to our Sac-Tun Team in Quintana Roo, Mexico who earned a 2022 NSSGA Community Relations Excellence Silver Award. We’re proud to be a part of the Quintana Roo community and we are fortunate to have a team that prioritizes community outreach.

Alabama

Southern & Gulf Coast Division