https://www.avient.com/sites/default/files/resources/Polyolefins%2520Product%2520Selection%2520Guide.pdf
You have the responsibility to conduct full-scale end-product performance testing to determine suitability in your application, and you assume all risk and liability arising from
your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Press Release_0.pdf
Factors
that could cause actual results to differ materially from those implied by these forward-looking
statements include, but are not limited to: disruptions, uncertainty or volatility in the credit
markets that could adversely impact the availability of credit already arranged and the
availability and cost of credit in the future; the effect on foreign operations of currency
fluctuations, tariffs and other political, economic and regulatory risks; disruptions or
inefficiencies in our supply chain, logistics, or operations; changes in laws and regulations in
jurisdictions where we conduct business, including with respect to plastics and climate change;
fluctuations in raw material prices, quality and supply, and in energy prices and supply; demand
for our products and services; production outages or material costs associated with scheduled
or unscheduled maintenance programs; unanticipated developments that could occur with
respect to contingencies such as litigation and environmental matters; our ability to pay regular
quarterly cash dividends and the amounts and timing of any future dividends; information
systems failures and cyberattacks; amounts for cash and non-cash charges related to
restructuring plans that may differ from original estimates, including because of timing changes
associated with the underlying actions; our ability to achieve strategic objectives and
successfully integrate acquisitions, including the implementation of a cloud-based enterprise
resource planning system, S/4HANA; and other factors affecting our business beyond our
control, including without limitation, changes in the general economy, changes in interest rates,
changes in the rate of inflation, geopolitical conflicts and any recessionary conditions.
https://www.avient.com/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
Factors
that could cause actual results to differ materially from those implied by these forward-looking
statements include, but are not limited to: disruptions, uncertainty or volatility in the credit
markets that could adversely impact the availability of credit already arranged and the
availability and cost of credit in the future; the effect on foreign operations of currency
fluctuations, tariffs and other political, economic and regulatory risks; disruptions or
inefficiencies in our supply chain, logistics, or operations; changes in laws and regulations in
jurisdictions where we conduct business, including with respect to plastics and climate change;
fluctuations in raw material prices, quality and supply, and in energy prices and supply; demand
for our products and services; production outages or material costs associated with scheduled
or unscheduled maintenance programs; unanticipated developments that could occur with
respect to contingencies such as litigation and environmental matters; our ability to pay regular
quarterly cash dividends and the amounts and timing of any future dividends; information
systems failures and cyberattacks; amounts for cash and non-cash charges related to
restructuring plans that may differ from original estimates, including because of timing changes
associated with the underlying actions; our ability to achieve strategic objectives and
successfully integrate acquisitions, including the implementation of a cloud-based enterprise
resource planning system, S/4HANA; and other factors affecting our business beyond our
control, including without limitation, changes in the general economy, changes in interest rates,
changes in the rate of inflation, geopolitical conflicts and any recessionary conditions.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
ATTENDANCE AND PARTICIPATION
Our Annual Meeting will be conducted on the internet via live webcast.
Board Practices
• Our Board annually conducts an evaluation of its performance, which includes a peer evaluation
of each Director
CORPORATE GOVERNANCE
PROXY STATEMENT 2023 | Annual Meeting of Shareholders 47
CODE OF ETHICS, CODE OF CONDUCT AND CORPORATE GOVERNANCE
GUIDELINES
In accordance with applicable NYSE listing standards and SEC regulations, the Board has adopted a Code
of Ethics, Code of Conduct and Corporate Governance Guidelines.
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
The policy directs how Avient conducts its operations in an environmentally responsible way, ensuring
protection for local communities.
We conduct thorough evaluations of our products,
scrutinizing their content, lifecycle, and potential environmental impact at disposal.
Once the NBL electrical forklifts are capable of conducting the weight-up of materials, NBL will remove the propane
forklift from service.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Disruptions or inefficiencies in our supply chain, logistics, or operations;
• Changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Demand for our products and services;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• An inability to raise or sustain prices for products or services;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including the implementation of a cloud-based enterprise resource planning system, S/4HANA;and
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation, geopolitical conflicts and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
https://www.avient.com/sites/default/files/2020-03/2020proxy.pdf
Independent Registered Public Accountant Services and Related Fee Arrangements
AUDIT
Report of the Audit Committee
AUDIT
The Audit Committee of
the Board of Directors
CORPORATE GOVERNANCE
CORPORATE GOVERNANCE
Director Independence
Lead Director
CORPORATE GOVERNANCE
Board Leadership Structure
Board’s Oversight of Risk
Code of Ethics, Code of Conduct and Corporate Governance Guidelines
CORPORATE GOVERNANCE
Related Person Transactions
Communication with Board
Board and Committees
Board Attendance
CORPORATE GOVERNANCE
Board Committees
AAudit Committee – Primary Responsibilities and Requirements
NUMBER OF
MEETINGS IN 2019: 8
COMMITTEE
MEMBERS:
Compensation Committee – Primary Responsibilities and Requirements
NUMBER OF
MEETINGS IN 2019: 5
COMMITTEE
MEMBERS:
CORPORATE GOVERNANCE
Governance and Corporate Responsibility Committee – Primary
Responsibilities and Requirements
NUMBER OF
MEETINGS IN 2019: 2
COMMITTEE
MEMBERS:
CORPORATE GOVERNANCE
Environmental, Health and Safety Committee – Primary Responsibilities and
Requirements
NUMBER OF
MEETINGS IN 2019: 2
COMMITTEE
MEMBERS:
Board Refreshment and Diversity
0%
20%
40%
60%
80%
100%
5 or fewer 6 to 10 More than 10
Years of Service
CORPORATE GOVERNANCE
3 of 10 Director nominees
Diversity
NON-EMPLOYEE DIRECTOR COMPENSATION
2019 NON-EMPLOYEE DIRECTOR COMPENSATION
Non-Employee Director Compensation Highlights
Non-Employee Director Retainer and Meeting Fees
Role Annual Cash Retainers
NON-EMPLOYEE DIRECTOR COMPENSATION
2019 Director Compensation Table
Name
Fees Earned or Paid in Cash
(a)
($)
Stock Awards
(b)
($)
Total
(c)
($)
(1)
Fees Earned or Paid in Cash (column (a))
Stock Awards (column (b))
Option Awards Outstanding and Fully-Vested Deferred Shares
Name
Number of Deferred Shares(1)
(#)
OWNERSHIP OF POLYONE SHARES
OWNERSHIP OF POLYONE SHARES
Beneficial Ownership of Our Common Shares
Name
Number of Shares
Owned(1)
Right to Acquire
Shares
Total Beneficial
Ownership
% of Class(4)
OWNERSHIP OF POLYONE SHARES
Name and Address
Number of
Common
Shares
%
of Class
Stock Ownership Guidelines for Non-Employee Directors
Delinquent Section 16(a) Reports
COMPENSATION DISCUSSION AND ANALYSIS
COMPENSATION DISCUSSION AND ANALYSIS
Executive Summary
Name Title
How Pay is Tied to Company Performance.
https://www.avient.com/sites/default/files/2023-06/AVIENT_TPEs and LSR eBook.pdf
You have the responsibility to conduct
full-scale end-product performance testing to determine suitability in your application, and you assume
all risk and liability arising from your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2022-11/Avient Announces Third Quarter 2022 Results.pdf
Factors that could cause
actual results to differ materially from those implied by these forward-looking statements include,
but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely
impact the availability of credit already arranged and the availability and cost of credit in the future;
the effect on foreign operations of currency fluctuations, tariffs and other political, economic and
regulatory risks; the current and potential future impact of the COVID-19 pandemic on our
business, results of operations, financial position or cash flows including, without limitation, any
supply chain and logistics issues; changes in laws and regulations regarding plastics in
jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply,
and in energy prices and supply; production outages or material costs associated with scheduled
or unscheduled maintenance programs; unanticipated developments that could occur with
respect to contingencies such as litigation and environmental matters; our ability to achieve the
strategic and other objectives relating to the Avient Protective Materials business; an inability to
raise or sustain prices for products or services; our ability to pay regular quarterly cash dividends
and the amounts and timing of any future dividends; information systems failures and
cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may
differ from original estimates, including because of timing changes associated with the underlying
actions; and other factors affecting our business beyond our control, including without limitation,
changes in the general economy, changes in interest rates, changes in the rate of inflation and
any recessionary conditions.
https://www.avient.com/sites/default/files/2020-03/PolyOne_Website-12.19.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• The time required to consummate the proposed acquisitions described in this presentation;
• The satisfaction or waiver of conditions in the purchase agreements for the proposed acquisitions;
• Any material adverse changes in the business of Clariant’s Color and Additive Masterbatch business;
• The ability to obtain required regulatory or other third-party approvals and consents and otherwise consummate the proposed acquisitions;
• Our ability to achieve the strategic and other objectives relating to the proposed acquisitions, including any expected synergies;
• Our ability to successfully integrate Clariant’s Color and Additive Masterbatch business and achieve the expected results of the acquisitions,
including, without limitation, the acquisitions being accretive;
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the
availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business;
• Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• An inability to raise or sustain prices for products or services;
• An ability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to acquisition and
integration, working capital reductions, costs reductions and employee productivity goals;
• Information systems failures and cyberattacks; and
• Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates
and changes in the rate of inflation.