Summit Materials LLC (SUM) 2022年年度报告「NYSE」.pdf

1、2022 ANNUALREPORTNOTICE OF 2023 ANNUAL MEETING OF STOCKHOLDERS,PROXY STATEMENT,&Howard L.LanceChairman of the Board of DirectorsSummit Materials,Inc.ANNUAL REPORTLETTER FROM THE CHAIRMANTo Our Valued Stakeholders:In 2022,Summit Materials had the opportunity to put its Elevate Strategy to the test.De

2、spite unrelenting cost headwinds,supply chain constraints,and volatile market conditions,which were not particularly unique to Summit,the Company set annual records for operating income,net income,and pricing growth across all lines of business,strengthened the balance sheet,and took actions that we

3、re in the best interest of our stakeholders.From a governance perspective,we recognize that organizational resiliency and agility are essential for strategic execution.Through the?strengthened its balance sheet while improving its quality of earnings?In early 2022,it became clear that the value of S

4、ummits stock?to authorize a$250 million share repurchase program,and Summit returned over$100 million to shareholders by year end.The Company?investments in high return organic and inorganic opportunities and then looks to opportunistically return capital to shareholders.As a Board,we take pride in

5、our effort to uphold governance best practices.This includes:?shareholders in 2021)56%of Board members are female?and no over-boarded directors Amended Corporate Governance Guidelines and Governance?In addition to our traditional board risk management responsibilities,we believe it is equally import

6、ant that we demonstrate oversight of emerging critical matters such as diversity,equity and inclusion,talent acquisition,social responsibility,sustainability,cyber risk,and environmental impacts.In 2022,Summit disclosed its strategies to reduce water,fuel,and waste consumption,to increase our use of