https://www.avient.com/resources/safety-data-sheets?page=5482
ORANGE 471C W/LM
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=3957
VERDE 3242C-1 LM
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=7029
BLACK W/WT LM NYLON
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
Common shares represented by a properly signed proxy card will be voted in accordance with the
choices marked on the card.
If no choices are marked, the shares will be voted FOR the: (1) election of
twelve Director nominees to our Board; (2) approval, on an advisory basis, of Named Executive Officer
compensation; (3) approval, on an advisory basis, of the frequency of future advisory votes to approve
Named Executive Officer compensation; (4) approval of the amendment and restatement of the Avient
Corporation 2020 Equity and Incentive Compensation Plan; and (5) ratification of the appointment of
Ernst & Young LLP ("EY") as our independent registered public accounting firm for the fiscal year ending
December 31, 2023.
December 31,
2022 2021 2020
Net income from continuing operations attributable to Avient shareholders $ 82.8 $ 151.8 $71.0
Special items, after tax(1) 116.2 50.0 24.8
Amortization expense, after-tax 49.0 44.9 33.6
Adjusted net income / EPS $ 248.0 $ 246.7 $ 129.4
Diluted Shares 92.2 92.1 90.6
Adjusted EPS attributable to Avient common shareholders from continuing operations $ 2.69 $ 2.68 $ 1.43
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment
costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel reduction programs, plant
realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to-market adjustments associated with
actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance
recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and
equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action
relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring items; and the effect of changes
in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
Common shares represented by a properly signed proxy card will be voted in accordance with the
choices marked on the card.
If no choices are marked, the shares will be voted: (1) to elect the nominees listed in the
“Proposal 1 – Election of Board of Directors” section of this proxy statement; (2) to approve, on an advisory basis, our
Named Executive Officer compensation; (3) to approve, on an advisory basis, the freff quency of future advisory votes to
approve our Named Executive Officff er compensation; (4) to approve the PolyOne Corporation 2017 Equity and
Incentive Compensation Plan; and (5) to ratify the appointment of Ernst & Young LLP as our independent registered
public accounting firm for the fiscal year ending December 31, 2017.
Special items
include charges related to specific strategic initiatives or financial restructuring, such as: consolidation of
operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures;
employee separation costs resulting froff m personnel reduction programs, plant realignment costs; executive
separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and
losses on pension and other post-retirement benefitff plans; environmental remediation costs, finff es, penalties and
related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the
divestiture of operating businesses, joint ventures and equity investments; gains and losses on facff ility or
property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the
fines or penalties) arose prior to the commencement of the perforff mance period; one-time, non-recurring items;
and the effeff ct of changes in accounting principles or other such laws or provisions affecting reported results
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
Avient earned its highest
marks in the environmental category, thanks to our initiatives around waste recycling, emission
reduction, and use of renewable energy.
Year Ended
December 31, 2020
Year Ended
December 31, 2019
Reconciliation of Pro Forma
Adjusted Earnings per Share Avient
Special
Items(1)
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(2)
Pro Forma
Adjusted Avient Avient
Special
Items(1)
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(2)
Pro Forma
Adjusted Avient
Sales $ 3,242.1 $ — $ 3,242.1 $ 540.4 $ 3,782.5 $ 2,862.7 $ — $ 2,862.7 $ 1,118.6 $ 3,981.3
Operating income $ 189.3 $ 73.7 $ 263.0 $ 45.0 $ 308.0 $ 156.8 $ 71.7 $ 228.5 $ 72.9 $ 301.4
Interest expense, net (74.6) 10.1 (64.5) (18.1) (82.6) (59.5) — (59.5) (33.4) (92.9)
Other income, net 24.3 (17.6) 6.7 — 6.7 12.1 (10.0) 2.1 — 2.1
Income taxes (5.2) (41.4) (46.6) (6.2) (52.8) (33.7) (5.9) (39.6) (9.1) (48.7)
Net income attributable to
noncontrolling interests (1.8) — (1.8) — (1.8) (0.2) — (0.2) — (0.2)
Net income from continuing operations
attributable to Avient shareholders
$ 132.0 $ 24.8 $ 156.8 $ 20.7 $ 177.5 $ 75.5 $ 55.8 $ 131.3 $ 30.4 $ 161.7
Weighted average diluted shares 90.6 77.7
Impact to diluted shares from January 2020 equity offering 1.5 15.3
Pro forma weighted average diluted shares 92.1 93.0
Pro forma adjusted EPS $ 1.93 $ 1.74
Year Ended
December 31, 2021
Reconciliation of Adjusted
Earnings per Share: Avient Special Items(1)
Adjusted
Avient
Sales $ 4,818.8 $ — $ 4,818.8
Operating income $ 381.2 $ 47.8 $ 429.0
Interest expense, net (75.3) — (75.3)
Other income, net (1.3) 9.3 8.0
Income taxes (74.0) (7.1) (81.1)
Net income attributable to
noncontrolling interests 0.2 — 0.2
Net income from continuing
operations attributable to Avient
shareholders $ 230.8 $ 50.0 $ 280.8
Weighted average diluted shares 92.1
Adjusted EPS - excluding special items $ 3.05
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of
operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee
separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements;
asset impairments; settlement gains or losses and mark-to-market adjustments associated with actuarial gains and losses
on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related
insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of
operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals;
results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the
commencement of the performance period; one-time, non-recurring items; and the effect of changes in accounting
principles or other such laws or provisions affecting reported results
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
Number of
initiatives
Total estimated annual CO2e savings in metric
tonnes CO2e (only for rows marked *)
Under investigation 0 0
To be implemented* 10 35,318
Implementation
commenced*
23 724
Avient CDP Climate Change Questionnaire 2021 Tuesday, August 3, 2021
43
Implemented* 104 2,585
Not to be implemented 0 0
C4.3b
(C4.3b) Provide details on the initiatives implemented in the reporting year in the table
below.
https://www.avient.com/resources/safety-data-sheets?page=312
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=5957
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=4247
PP FR 8-6 LMS-1000