Company: MTZ
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013277
Chunk: 35

Company: MASTEC INC
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 35
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 generated $6.3 billion in revenue, our executive team set a long-term goal of $10 billion in annual revenue. While ambitious at the time, a little more than 36 months later, our 2023 annual revenue was $12 billion, and further increased to $12.3 billion in 2024. Our guidance for 2025 now approximates $13.45 billion in annual revenue. We believe that with our long-term strategy we have established a firm foundation that we expect to continue to build on in 2025 and beyond. We are fortunate to have a very strong senior leadership team guiding our Company in the challenging, complex and constantly changing business environment. We believe that our executive compensation program plays a critical role in retaining our leadership team members, rewarding them for achieving long-term improvement in our operating results and positioning us to take advantage of changing markets and customer demand, aligning their interests with those of our shareholders and building long-term value for our shareholders and other stakeholders. Our compensation program’s key objectives are to reward our executive team for its efforts and results, to retain our best performing and successful team members and to attract new talent that can help MasTec achieve its strategic and operating goals and increase the productivity, efficiency, quality and sustainability of our operations. In this compensation discussion and analysis, we present information about the compensation paid to our NEOs for 2024: Jose R. Mas, our Chief Executive Officer (“CEO”), Robert Apple, our COO, Paul DiMarco, our EVP and CFO, and Alberto de Cardenas, our EVP, General Counsel and Secretary. We have provided information regarding how our executive compensation program works and the decisions made about pay, as well as how those decisions were made. We believe that it is a key job to communicate to our shareholders about our compensation program and to help you understand the rationale for our compensation decisions to support our executive compensation program and to contribute to MasTec’s success.

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TABLE OF CONTENTS

We appreciate your inclusion of MasTec in your investment portfolio and your support for our Company as we continually strive to meet our customers’ demands and build long-term and sustainable value for our shareholders. OUR EXECUTIVE OFFICERS

| Name                |     | Age |     | Position                                   |
| Jose R. Mas         |     |  53 |     | Chief Executive Officer (CEO) and Director |
| Robert Apple        |     |  75 |     | Chief Operating Officer (COO)              |
| Paul Di