https://www.avient.com/sites/default/files/2025-04/Governance and Corporate Responsibility Charter March 2025 Final and Approved.pdf
Corporate Responsibility
Provide oversight and guidance with regard to how the Board and management evaluate
and integrate corporate responsibility and sustainability matters into the Company’s
business strategy and decision-making, including overseeing risks at a strategic level
relating to the Company's programs, policies, and practices on sustainability and
environmental, social, and governance matters, by receiving regular updates from
management, as well as reviewing reports on corporate responsibility and/or sustainability
published by the Company.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_USA.pdf
This commitment is captured
in how we define sustainability: People, Products, Planet and Performance.
This commitment
is captured in how we define sustainability: People,
Products, Planet and Performance.
A detailed summary of
our contributions to each is available in our Sustainability
Report available on Avient.com/sustainability.
https://www.avient.com/sites/default/files/resources/Innovation_Day_-_May_2014_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:
The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated
savings and operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies;
Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition
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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with
inadequate liquidity) to maintain their credit availability;
The speed and extent of an economic recovery, including the recovery of the housing market;
Our ability to achieve new business gains;
The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks;
Changes in polymer consumption growth rates in the markets 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 achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working
capital reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
Our ability to continue to pay cash dividends;
The amount and timing of repurchases of our common shares, if any; 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
Christopher Murphy
Vice President, Research and Development
Chief Innovation Officer
PolyOne Corporation Page 22
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy
to recycle a pound of plastic
versus a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 23
Decreasing
Dependence on
Fossil Fuels
Globalizing
and Localizing
• Aging
population
• Longer life
expectancy
• Healthy living
• Aging in place
• Environmental
consciousness
• Alternative
energy
• Resource
efficiency
• Biotechnology
• Global
leader/local
expert with
customized
solutions
• Global OEMs
seeking one
standard of
service
everywhere
• Efficiency focus
• Reduced
size/weight
• Mass transit
• Alternative
materials
• Electric
vehicles
Protecting the
Environment
Improving
Health and
Wellness
Alignment with Megatrends
PolyOne Corporation Page 24
Innovation Drives Earnings Growth
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
PolyOne Corporation Page 25
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
PolyOne Corporation Page 26
Recent Innovations
Aligned with Megatrends
in Key End Markets and
2015 Goals
Robert M.
Patricia Hubbard
Director
Global Technology
NEU™ View
Medical Devices &
Catheters
5) Sustainable Solutions
Michael A.
https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2023-results
NYSE: AVNT), a leading provider of specialized and sustainable materials solutions, today announced its fourth quarter and full year results for 2023.
NYSE: AVNT) provides specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/investor-center/news/avient-announces-record-fourth-quarter-and-full-year-2021-results
NYSE: AVNT), a leading provider of specialized and sustainable material solutions, today reported its fourth quarter and full year results for 2021.
driven by demand for sustainable solutions, healthcare applications and composites technologies."
and the investments we have made in sustainability, advancing diversity and inclusion, and workplace flexibility,"
https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
We’ll even discuss the
emotional and psychological aspects of design and
suggest ways to improve sustainability.
Selecting recycled or reclaimed materials is a
popular strategy for improving sustainability.
Good design can also aid sustainability and
encourage low-consumption user behavior.
https://www.avient.com/sites/default/files/2020-11/gls-acqua-plose-case-study.pdf
Acqua Plose needed a cap that would maintain their
highest standards of water quality, seal integrity
and sustainability.
Brand owners are seeking
more easily recycled materials, such as aluminum,
and closurelogic’s use of TPE cap liners satisfy all
three challenges—water quality, seal integrity and
sustainability.
https://www.avient.com/sites/default/files/2023-03/ColorMatrix Amosorb rPET Booster Product Bulletin.pdf
For brand owners seeking to maximize their rPET
usage up to 100% to achieve sustainability and
recyclability targets, Amosorb 4020R offers a cost
effective solution with reliable oxygen scavenging
performance and low haze levels on final bottles.
KEY BENEFITS
• Consistent performance with all levels of rPET;
25%, 50% and 100%
• Improved haze and color
• Can be used with many different resin/grades
• Non-nylon based
• Simple to use with existing mono-layer
equipment
• Suitable for use on multi-layer machines
Sustainability Spotlight
Recycle
Solutions
TARGET MARKET & APPLICATIONS
PET and rPET rigid packaging for food & beverage
REGULATORY
ColorMatrix Amosorb 4020R meets direct food contact regulatory requirements in major markets.
https://www.avient.com/sites/default/files/2022-12/reSound Ultra Low Carbon Footprint TPE Product Bulletin_0.pdf
These sustainable materials are also customizable,
but changes to color or formulation to achieve
application-specific needs will require the product
carbon footprint to be recalculated.
KEY CHARACTERISTICS
• Negative, neutral, or low PCF
• Available in 60 and 80 Shore A
• Performs like traditional TPEs
• Naturally opaque and easy to color
• Suitable to injection mold, or overmold onto
PP and PE
MARKETS & APPLICATIONS
The portfolio of reSound ultra-low carbon footprint
TPEs is ideal for brand owners and manufacturers
who prefer to use a more sustainable material in
personal care, household appliance, consumer
electronics, and consumer packaging applications.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
In 2023, 10% of the Company's annual incentive bonus was tied to specific sustainability targets aligned
with our sustainability goals.
BOARD OVERSIGHT OF ESG AND SUSTAINABILITY MATTERS
Avient has clear responsibilities related to ESG and sustainability matters.
Sustainability Metrics.