Summit Materials LLC (SUM) 2023年年度报告「NYSE」.pdf

1、 Notice of 2024 Annual Meeting of Stockholders,Proxy Statement&2023 Annual ReportS A F E T Y I N T E G R I T Y S U S T A I N A B I L I T Y I N C L U S I V I T YLETTER FROM THE CHAIRMANTo our valued stakeholders:In 2023,Summit Materials Board had a busy and productive year as our Company delivered re

2、cord financial performance and embarked upon the transformational combination with Argos USA to create a materials-led enterprise with national scale.Despite the significant effort involved in a transformational deal,the team never lost sight of its objectives,and Summit reported record annual net r

3、evenue and profitability,maintained a strong balance sheet,and allocated capital in alignment with the highest potential for growth and shareholder value creation.We were delighted that the Argos transaction was overwhelmingly approved by an over 98%vote of our shareholders.We believe that support r

4、eflects the strong strategic and financial rationale of the combination.Our improved geographic diversification will enhance our ability to meet customer demand for cement in a capacity-constrained domestic market.Subsequent to the transaction,we expanded our roster of Independent Directors.Their in

5、dividual strengths and unique backgrounds together with a shared commitment to our mission and values will be invaluable as we integrate Argos USA into the Summit family and pursue our growth and return objectives.Please join me in welcoming Jorge Mario Velasquez,Irene Moshouris,and Juan Esteban Cal

6、le Restrepo to the Summit Materials Board of Directors,who joined on January 12,2024.Following these appointments,and together with the retirement of John Murphy,the Board consists of 11 directors,10 of whom are independent.I wish to thank John Murphy,who retired from the Summit Board after 12 years