Company: MTZ
Filing Date: 2025-04-10
Form Type: DEF 14A
Source: 0001140361-25-013277
Chunk: 2

Company: MASTEC INC
Filing Date: 2025-04-10
Form: DEF 14A
Chunk 2
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2024                                            |     | 52 |
| Stock Vested for 2024                                                                            |     | 52 |
| Nonqualified Deferred Compensation for 2024                                                      |     | 53 |
| Potential Payments upon Change in Control and Termination of Employment as of December 31, 2024  |     | 53 |
| Employment and Other Agreements                                                                  |     | 59 |
| CEO Pay Ratio for 2024                                                                           |     | 60 |
| Pay Versus Performance                                                                           |     | 61 |
| Performance Measures                                                                             |     | 62 |
| Relationship between Pay and Financial Performance                                               |     | 63 |

| 3 |

TABLE OF CONTENTS

| PROPOSAL NO. 3: Vote on a Non-Binding Advisory Resolution to Approve the 
 Compensation of the Company’s Named Executive Officers                   |     | 64 |
| Security Ownership                                                       |     | 65 |
| Certain Relationships and Related Party Transactions                     |     | 69 |
| Review and Approval of Related Person Transactions                       |     | 69 |
| Related Party Transactions                                               |     | 69 |
| Questions and Answers About Our Annual Meeting                           |     | 71 |
| Other Business                                                           |     | 75 |
| Householding                                                             |     | 76 |

| 4 |

TABLE OF CONTENTS

| Summary Proxy Information |

To assist you in reviewing our 2024 performance and voting your shares, we would like to call your attention to key elements of our 2025 proxy statement and our 2024 annual report to shareholders. The following is only a summary. For more complete information about these topics, please review the complete proxy statement and our 2024 annual report to shareholders. PROXY STATEMENT SUMMARY The following summary provides highlights contained in this proxy statement. You should carefully read and consider the information contained in the proxy statement as this summary does not contain all information you should consider before voting. AVAILABILITY OF PROXY MATERIALS We began mailing the Notice of Internet Availability of Proxy Materials on or about April 10, 2025, to shareholders of record at the close of business on March 14, 2025. INFORMATION ABOUT THE ANNUAL MEETING OF SHAREHOLDERS

| • | Time: 9:30 a.m., local time |

| • | Place: www.virtualshareholdermeeting.com/MTZ2025. |

ITEMS OF BUSINESS

| • | Election of C. Robert Campbell, Robert J. Dwyer and Ava L