Vulcan Materials : 2023 CDP Climate Change Questionnaire

Vulcan Materials Company CDP Climate Change Questionnaire 2023 Thursday,

July 27, 2023

Welcome to your CDP Climate Change

Questionnaire 2023

C0. Introduction

C0.1

(C0.1) Give a general description and introduction to your organization.

Vulcan Materials Company operates primarily in the United States and is the nation's largest supplier of construction aggregates (primarily crushed stone, sand and gravel), a major producer of asphalt mix and ready-mixed concrete, and a supplier of construction paving services. We provide the basic materials for the infrastructure needed to maintain and expand the U.S. economy. Delivered by trucks, ships, barges, and trains, our products are indispensable materials for building homes, offices, places of worship, schools, hospitals, and factories, as well as vital infrastructure including highways, bridges, roads, ports and harbors, water systems, campuses, dams, airports, and rail networks.

As of December 31, 2022, we had 404 active aggregates facilities in Alabama, Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Louisiana, Maryland, Mississippi, New Jersey, New Mexico, New York, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, and the U.S. Virgin Islands. We also had aggregates operations in the Bahamas; British Columbia, Canada; and Quintana Roo, Mexico. While aggregates is our focus and primary business, as of December 31, 2022, we further served our customers through our 71 asphalt facilities and 142 concrete facilities located in Alabama, Arizona, California, Maryland, New Jersey, New Mexico, New York, Oklahoma, Pennsylvania, Tennessee, Texas, Virginia, the U.S. Virgin Islands, Washington D.C. and the Bahamas. The products from the Mexico and Bahamas quarries are primarily exported by ship to the U.S. Gulf Coast. The products from the Canadian quarry are primarily exported by ship to California.

Our products are used in nearly all forms of construction. We have four operating (and reportable) segments (Aggregates, Asphalt, Concrete and Calcium) organized around our principal product lines. The largest segment is aggregates (crushed stone, sand and gravel), which represents 65% of the Company's 2022 revenues and 90% of 2022 gross profit. In 2022, the asphalt segment accounted for 13% of total revenue and 4% of gross profit. The concrete segment accounted for 22% of total revenue and 6% of gross profit. Calcium revenues and gross profit were less than one percent.

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Vulcan Materials Company CDP Climate Change Questionnaire 2023 Thursday,

July 27, 2023

Environmental Stewardship & Climate Change at Vulcan Materials

The Vulcan Way is doing the right thing, the right way at the right time. We have a long history of servicing our customers and delivering results to our shareholders while embodying our commitments to people, to the safety and health of our Vulcan family members, to environmental stewardship, and to the neighborhoods and communities in which we live, work and play. These commitments have always been part of the Vulcan Way.

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.

In 2022, we continued to develop a better understanding of our greenhouse gas emissions (GHG) footprint. For the first time, we inventoried our Scope 1 and Scope 2 emissions by business segment (aggregates, asphalt and concrete) and fully incorporated acquisitions and divestitures into our calculations. We also piloted a Scope 3 supplier engagement program and calculated emissions for five of the 11 applicable reporting categories.

This visibility will help us set new goals and shape effective emissions reductions strategies. For example, the aggregates business segment comprises 73.4% of the company's sources of Scope 1 and Scope 2 GHG emissions. Aggregates production operations use diesel fuel and electricity to power the off-highway mining mobile equipment and the crushing, screening and conveying equipment used in the operations.

For the first phase of our Scope 3 emissions inventory, we used a spend-based analysis for nearly 15,000 suppliers across five reporting categories guided by the World Resources Institute (WRI) GHG Protocol's Corporate Value Chain (Scope 3) Accounting and reporting standard.

Our improved GHG emissions reporting demonstrates significant progress toward creating a comprehensive reporting model that provides an accurate breakdown of our energy use and emissions by Scope 1 and Scope 2 sources and business segments, and Scope 3 emissions categories.

C0.2

(C0.2) State the start and end date of the year for which you are reporting data and indicate whether you will be providing emissions data for past reporting years.

Reporting year

Start date

January 1, 2022

End date

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Vulcan Materials Company CDP Climate Change Questionnaire 2023 Thursday,

July 27, 2023

December 31, 2022

Indicate if you are providing emissions data for past reporting years

Yes

Select the number of past reporting years you will be providing Scope 1 emissions data for

3 years

Select the number of past reporting years you will be providing Scope 2 emissions data for

3 years

Select the number of past reporting years you will be providing Scope 3 emissions data for

Not providing past emissions data for Scope 3

C0.3

(C0.3) Select the countries/areas in which you operate.

Bahamas

Canada

Honduras

Mexico

United States of America

C0.4

(C0.4) Select the currency used for all financial information disclosed throughout your response.

USD

C0.5

(C0.5) Select the option that describes the reporting boundary for which climate- related impacts on your business are being reported. Note that this option should align with your chosen approach for consolidating your GHG inventory.

Financial control

C-CE0.7

(C-CE0.7) Which part of the concrete value chain does your organization operate in?

Limestone quarrying

Aggregates production

Concrete production

Concrete pavement / asphalt / tarmac

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Vulcan Materials Company CDP Climate Change Questionnaire 2023 Thursday,

July 27, 2023

C-MM0.7

(C-MM0.7) Which part of the metals and mining value chain does your organization operate in?

Row 1

Mining

Other mining, please specify

Construction aggregate: crushed stone, sand and gravel

Processing metals

Not applicable

C0.8

(C0.8) Does your organization have an ISIN code or another unique identifier (e.g., Ticker, CUSIP, etc.)?

Indicate whether you are able to provide a unique identifier for	Provide your unique
your organization	identifier
Yes, a Ticker symbol	NYSE:VMC

C1. Governance

C1.1

(C1.1) Is there board-level oversight of climate-related issues within your organization?

Yes

C1.1a

(C1.1a) Identify the position(s) (do not include any names) of the individual(s) on the board with responsibility for climate-related issues.

Position of	Responsibilities for climate-related issues
individual or
committee
Board-level	Two of the Board's six committees exercise oversight of climate-related risks and
committee	opportunities.
	Governance Committee: By charter, the Governance Committee is the primary
	committee responsible for oversight of ESG matters, including performance,
	strategies, goals, and policies. The Governance Committee reviews ESG strategic
	plans, sustainability reports, and third-party assessments of ESG performance.
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Vulcan Materials Company CDP Climate Change Questionnaire 2023 Thursday,

July 27, 2023

	Audit Committee: The Audit Committee oversees the Company's risk assessment
	and risk management policies, including those related to climate change and other
	ESG-related risks.
Board Chair	The Board chair is also the President and Chief Executive Officer for the
	Company. He has ultimate responsibility and authority for the commitment of
	company resources (financial, personnel, equipment).

C1.1b

(C1.1b) Provide further details on the board's oversight of climate-related issues.

Frequency with	Governance	Please explain
which climate-	mechanisms into
related issues are	which climate-
a scheduled	related issues are
agenda item	integrated
Scheduled - all	Reviewing and	Routine reporting to the Board includes as warranted
meetings	guiding annual	climate change risks; emission reduction goals and
	budgets	targets; performance towards achievement of goals;
	Overseeing major	major capital projects that impact climate change; and
	capital expenditures	impacts and opportunities regarding climate issues.
	Reviewing and	Anticipated impacts of climate change on company
	financial reporting are also reviewed in response to
	guiding strategy
	major climate-related events and disasters. Through
	Monitoring progress
	management, the Board ensures the Company's policies
	towards corporate
	are in line with best practices and accurately reflect our
	targets
	values and commitments. The Board keeps under
	Reviewing and
	review new climate-related developments that may
	guiding the risk
	affect the Company and ensures the appropriate
	management
	controls and audits are in place. The Board oversees
	process
	and provides guidance related to management's
		implementation of business plans and performance
		objectives.

C1.1d

(C1.1d) Does your organization have at least one board member with competence on climate-related issues?

Board member(s)

have competence

on climate-related

issues

Criteria used to assess competence of board member(s) on

climate-related issues

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