Summit Materials LLC (SUM) 2020年年度报告「NYSE」.pdf

1、LOCAL PRESENCE.NATIONAL SCALE.BUILDING MORE TOGETHER.NOTICE OF 2021 ANNUAL MEETING OFSTOCKHOLDERS,PROXY STATEMENT,AND2020ANNUAL REPORTLOCAL PRESENCE.NATIONAL SCALE.BUILDING MORE TOGETHER.LOCAL PRESENCE.NATIONAL SCALE.BUILDING MORE TOGETHER.On behalf of the Board of Directors,and all the Summit Mater

2、ials employees,I want to thank those on the frontlines of the COVID-19 pandemic who have worked to keep all of us safe.We also offer our sympathies to those who have personally experienced loss during this time.Despite the challenges 2020 presented,it was an exceptional year for our Company.Summit p

3、roduces the essential materials that support the comforts of life,including by supplying industries like residential construction,energy production and transportation infrastructure.In 2020 we welcomed our new CEO,Anne Noonan.Anne has been working tirelessly since her first days and we are particula

4、rly excited about her leadership in establishing the Elevate Summit strategy presented to investors on March 16,2021.Elevate Summit is a compre-hensive program designed to maximize returns to our stakeholders by focusing on key finan-cial goals:achieving greater than 30%Adjusted EBITDA Margin,greate

5、r than 10%Return on Invested Capital(ROIC),and a leverage ratio of less than three times.Guiding these ambitious,multi-year objectives are our mission,vision and values that are described in this Annual Report.Our vision is to be the most socially responsible,integrated construction materials soluti

6、ons provider collaborating with stakeholders,to deliver differentiated innova-tions and solve our customers challenges.As part of our commitment to social responsibility we continue to advance and improve sustainability programs across the Company.We also continue to provide deeper levels of transpa