PROXY STATEMENT SUPPLEMENT TO
PROXY STATEMENT, DATED MARCH 30, 2023
FOR
2023 ANNUAL MEETING OF SHAREHOLDERS
To Be Held on May 5, 2023
INTRODUCTION
The accompanying amended proxy card, mailed together with this proxy statement supplement (this “Supplement”), is solicited by and on behalf of the board of directors of United States Lime & Minerals, Inc., a Texas corporation (the “company,” “we,” “us” or “our”), for use at our 2023 Annual Meeting of Shareholders to be held on May 5, 2023 (the “Annual Meeting”) at the time and place and for the purposes set forth in the accompanying Amended Notice of 2023 Annual Meeting of Shareholders (the “Amended Notice”). The approximate date on which this Supplement and the amended proxy card were first given or sent to our shareholders is April 3, 2023.
On March 30, 2023, we filed our proxy statement (the “Proxy Statement”) relating to the Annual Meeting with the Securities and Exchange Commission (the “SEC”), and made available to our shareholders on the Internet, and commenced delivering to our shareholders by mail, the Proxy Statement and related proxy materials.
Subsequent to that date, we determined that we had inadvertently omitted the required proposal to shareholders regarding the frequency with which to hold our non-binding advisory vote on the company’s executive compensation. This Supplement has been prepared to provide our shareholders with information regarding a new non-binding proposal to vote on whether future advisory votes on the compensation of the company’s named executive officers should occur every one year, every two years or every three years (the “Say-on-Frequency Proposal”).
This Supplement is being mailed to our shareholders of record as of the close of business on March 17, 2023, the record date for the determination of shareholders entitled to notice of and to vote at the Annual Meeting or at any adjournments thereof, pursuant to the accompanying Amended Notice. This Supplement and the Amended Notice supplement and amend the Notice of 2023 Annual Meeting of Shareholders and the Proxy Statement, each dated March 30, 2023, previously mailed to our shareholders.
This Supplement does not provide all of the information that is important to your decision at the Annual Meeting. Additional information is included in the Proxy Statement that was previously mailed to our shareholders. We encourage you to carefully read this Supplement together with the Proxy Statement. Capitalized terms used but not otherwise defined in this Supplement have the meanings ascribed to them in the Proxy Statement.
Shareholders of record are receiving an amended proxy card enclosed with this Supplement that includes the Say-on-Frequency Proposal as Proposal 3. Shareholders of record may vote on all three proposals by submitting the amended proxy card enclosed with this Supplement. Properly executed proxy cards that do not contain voting instructions for any proposal will be voted in accordance with the recommendations of the board of directors.