Better than expected results were driven by the Specialty Engineered Materials segment, including record operating income from Advanced Composites platform The better than expected earnings were driven primarily by record performance from Advanced Composites. 

For an advance look at our sustainability initiatives, please review our most recent sustainability report, which will soon be available on our website," added Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy

Notable new product advancements include ColorMatrix™ liquid fiber colorants that improve production efficiency and speed to market for textile applications, WithStand™ antimicrobial additives that help prevent surface bacteria, and Gravi-Tech™ high-density polymers that elevate the texture, feel and aesthetics of luxury packaging. We present Specialty Platform sales, gross margin, selling and administrative expense, and operating income because management believes that this is useful information to investors by highlighting our collective progress in advancing our specialization strategy.

ZAHLUNG UND KREDIT 7.1 Buyer shall make all payments hereunder in cash or cash equivalent at face value in the funds, within the time, and at the location indicated on Seller’s invoice. 7.1 Der Käufer hat alle Zahlungen im Rahmen dieses Vertrages in bar oder gleichwertigen Zahlungsmitteln zum Nennwert in der auf der Rechnung des Verkäufers angegebenen Währung, innerhalb der dort angegebenen Frist und an dem dort angegebenen Ort zu leisten. 7.2 Late payments will bear interest in accordance with German statutory provisions. 7.2 Auf verspätete Zahlungen werden Verzugszinsen nach den deutschen gesetzlichen Bestimmungen erhoben. 7.3 Buyer is only entitled to set-off insofar as his counterclaims are undisputed or have been legally established. 7.3 Der Käufer ist zur Aufrechnung nur berechtigt, soweit seine Gegenansprüche unbestritten oder rechtskräftig festgestellt sind. 7.4 If Buyer’s business is no longer operated in the ordinary course of business which shall include, without limitation, acts of seizure, late payments, discontinuation of payments or filing for insolvency proceedings under any applicable law, or if Buyer is in payment default towards Seller or in case of any other incidents giving rise to doubts about its creditworthiness, Seller at its discretion may require advance cash payments, COD, shorter terms, and/or the posting of satisfactory security by Buyer, and may withhold shipments. AUSSETZUNG UND BEENDIGUNG If (i) Buyer is in default of performance of its obligations towards Seller by more than fifteen (15) days and fails to provide adequate assurance of Buyer’s performance before the date of scheduled delivery; or (ii) if Seller has reasonable doubts with respect to Buyer’s performance of its obligations and Buyer fails to provide to Seller adequate assurance of Buyer’s performance before the date of scheduled delivery and in any case within thirty (30) days of Seller’s demand for such assurance; or (iii) if Buyer becomes insolvent or unable to pay its debts as they mature, or goes into liquidation or any bankruptcy proceeding shall be instituted by or against Buyer or if a trustee or receiver or administrator is appointed for all or a substantial part of the assets of Buyer or if Buyer makes any assignment for the benefit of its creditors; or (iv) in case of non-compliance of Buyer with any applicable law, statute ordinance, regulation, code or standard (“Laws and Standards”), then Seller may by notice in writing to Buyer, without prejudice to any of its other rights: (a) demand return and take repossession of any delivered Products which have not been paid for and all Wenn (i) der Käufer mit der Erfüllung seiner Verpflichtungen gegenüber dem Verkäufer mehr als fünfzehn (15) Tage in Verzug ist und es versäumt, vor dem Datum der geplanten Lieferung eine angemessene Sicherheit für die Erfüllung der Verpflichtungen des Käufers zu liefern; oder (ii) wenn der Verkäufer begründete Zweifel an der Erfüllung der Verpflichtungen des Käufers hat und der Käufer es versäumt, dem Verkäufer vor dem Datum der geplanten Lieferung, in jedem Fall aber innerhalb von dreißig (30) Tagen nach Aufforderung durch den Verkäufer, eine angemessene Sicherheit für die Erfüllung der Verpflichtungen des Käufers zu liefern; oder (iii) wenn der Käufer zahlungsunfähig wird oder nicht in der Lage ist, seine Schulden bei Fälligkeit zu begleichen, oder eine Liquidation eingeleitet wird oder wenn ein Konkursverfahren durch oder gegen den Käufer eingeleitet wird oder wenn ein Treuhänder oder Konkursverwalter oder Verwalter für das gesamte oder einen wesentlichen Teil des Vermögens des Käufers bestellt wird oder wenn der Käufer eine Abtretung zugunsten seiner Gläubiger vornimmt; oder (iv) im Falle der 10 costs relating to the recovery of the Products shall be for the account of Buyer; and/or (b) suspend its performance or terminate its order confirmation for pending delivery of Products unless Buyer makes such payment for Products on a cash in advance basis or provides adequate assurance of such payment for Products to Seller. ZAHLUNG UND KREDIT 7.1 Buyer shall make all payments hereunder in cash or cash equivalent at face value in the funds, within the time, and at the location indicated on Seller’s invoice. 7.1 Der Käufer hat alle Zahlungen im Rahmen dieses Vertrages in bar oder gleichwertigen Zahlungsmitteln zum Nennwert in der auf der Rechnung des Verkäufers angegebenen Währung, innerhalb der dort angegebenen Frist und an dem dort angegebenen Ort zu leisten. 7.2 Late payments will bear interest in accordance with German statutory provisions. 7.2 Auf verspätete Zahlungen werden Verzugszinsen nach den deutschen gesetzlichen Bestimmungen erhoben. 7.3 Buyer is only entitled to set-off insofar as his counterclaims are undisputed or have been legally established. 7.3 Der Käufer ist zur Aufrechnung nur berechtigt, soweit seine Gegenansprüche unbestritten oder rechtskräftig festgestellt sind. 7.4 If Buyer’s business is no longer operated in the ordinary course of business which shall include, without limitation, acts of seizure, late payments, discontinuation of payments or filing for insolvency proceedings under any applicable law, or if Buyer is in payment default towards Seller or in case of any other incidents giving rise to doubts about its creditworthiness, Seller at its discretion may require advance cash payments, COD, shorter terms, and/or the posting of satisfactory security by Buyer, and may withhold shipments.

These actions will ensure that we continue to invest in capabilities that advance the pace of our transformation and continue to support growth in key markets and product offerings. The current margin percentage is (i) 1.00% per annum in the case of base rate advances, (ii) 2.00% per annum in the case of LIBOR rate advances. The current margin percentage is (i) 1.00% per annum in the case of base rate advances, and (ii) 2.00% per annum in the case of LIBOR rate advances.

This contract contains a year-by-year evergreen renewal provision, unless terminated by either party with a one-year advance notice. Advances under the U.S. portion of our revolving credit facility bear interest, at the Company’s option, at a Base Rate or a LIBOR Rate plus an applicable margin. Advances under the U.S. portion of our revolving credit facility bear interest, at the Company’s option, at a Base Rate or a LIBOR Rate plus an applicable margin.

Advance Voting Methods Even if you plan to attend our Annual Meeting in person, if you are a registered holder, please cast your vote as soon as possible using one of the following advance methods: visit www.proxyvote.com to vote your proxy OVER THE INTERNET until 11:59 p.m. Jellison began his career with the Donnelly Corporation, a publicly traded international automotive parts supplier, where he served in several senior leadership roles, advancing to Vice President of Finance. The Compensation Committee may provide compensation that does not meet the exemption criteria if, in its sole discretion, it determines that doing so advances our business objectives.

If Seller, acting reasonably, determines that the financial responsibility of Buyer has become impaired or otherwise unsatisfactory to Seller, Seller may require advance payment or the posting of satisfactory security by Buyer, and may withhold shipments until Buyer makes such payments or posts such security; such action by Seller shall not constitute a change of payment terms hereunder.

Examples include: • Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.

Examples include: • Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.