Governance

• Overview
• Board of Directors
• Executives
• Governance Principles
• Standards of Business
  Conduct and Ethics
• Supplier Code of Conduct
• Code of Ethics for Senior Financial Professionals
• Committee Responsibilities
  and Charters
  • Audit Committee
  • Compensation and Executive Development Committee
  • Governance and Nominating Committee
• Communicating With
  Directors

Committee Responsibilities and Charters

Compensation and Executive Development Committee

Committee Members:

Peter C. Browning, Clayton C. Daley, Jr., Harvey B. Gantt, Victoria F. Haynes, James D. Hlavacek, Bernard L. Kasriel, Christopher J. Kearney, John H. Walker

The Compensation and Executive Development Committee is responsible for, among other things:

1. reviewing and approving the goals and objectives relevant to the compensation of our chief executive officer and evaluating the chief executive officer's performance against established corporate goals and objectives;
2. reviewing and evaluating the compensation of Nucor's senior officers, including the chief executive officer, to ensure they are compensated effectively and consistently with the stated compensation strategy and that compensation is tied to the performance of the Company;
3. ensuring that the profit sharing plans for employees of Nucor are consistent with the Company's performance and its compensation philosophy;
4. reviewing management development and succession plans; and
5. administering Nucor's stock option and other equity incentive compensation plans.

The Compensation and Executive Development Committee is composed entirely of independent directors. All of the members of the Committee meet the independence requirements of the NYSE listing standards for compensation committee members. In the opinion of the Board, these directors are free of any relationship that would interfere with their exercise of independent judgment as members of the Committee.