Vulcan Materials Mexico customs permit suspended; up to $100M EBITDA risk

Vulcan Materials CO

Mexican government suspended three-year customs permit for Vulcan's SAC TUN operations; revocation decision expected within weeks.
Potential EBITDA impact of $80M-$100M if unable to operate in Mexico for rest of 2022 (~5% of $1.72-1.82B adjusted EBITDA guidance).
Company believes actions arbitrary and illegal; seeking injunctive relief to resume normal operations.
NAFTA arbitration continues; decision on original dispute expected H2 2022, may be delayed by new violations.

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