https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
We used the following quarterly per share fair market values, calculated in accordance with Financial
Accounting Standards Board Accounting Standards Codification Topic 718 (“FASB ASC Topic 718”), in calculating the number of shares:
March 28, 2024 — $43.40 (808 shares); June 28, 2024 — $43.65 (806 shares); September 30, 2024 — $50.32 (775 shares); and December 31,
2024 — $40.86 (834 shares).
The amounts reported for 2024
represent the grant date fair value of the SARs granted to each of the Named Executive Officers, calculated in accordance with FASB ASC
Topic 718.
5) Adjusted EPS is calculated as net income, adjusted for special items (as noted in Appendix A), divided by weighted-average diluted
shares.
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-panels/hammerhead-marine-composite-panels
Calculated
https://www.avient.com/news/polyone-announces-25-increase-quarterly-dividend
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
When showing constant dollar figures on GAAP and non-GAAP financial measures, the foreign exchange impact is calculated by using current foreign exchange rates and applying them to the prior period results.
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share and Free Cash Flow, to the most comparable GAAP financial measures on a forward-looking
basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
EPS
(1)
$0.14
$2.67
$3.04
2006 2018 2022PF
TO P- TI E R S U S TA I N A B I L I T Y P E R F O R M A NC E
A N D R E C O G N I T I O N
Industry Sustainability Standards
90th
percentile
84th
ESG Ratings Performance
3
1
4
14
PEOPL E
C U L T U R E I S E V E R Y T H I N G
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $17 million
raised since 2010
Diversity & Inclusion
15
2 0 2 2 R E S U L T S
Q4 EBITDA BRIDGE
( P R O F O R M A T O TA L C O M PA N Y )
17
$ millions
CAI:
Price / Mix 42
Inflation (20)
SEM:
Price / Mix 14
Inflation (10)
Net Price Benefit 26
Wage and Energy Inflation (13)
Clariant Color Integration Synergies 4
Incentives, Other Employee Costs 21
FX (10)
Q4 2022 $107
Adjusted
EBITDA
Q4 2021 $ 132
Demand (50)
Russia Import Sales (3)
• Demand contraction
especially prevalent in
EMEA and Asia
• Pricing continues to cover
inflation of raw materials,
wages and energy
P ROV E N T R AC K R E C O R D O F S T RO N G A N D
I M P ROV I N G F R E E C A S H F LOW G E N E R AT I O N
18
• Periods of economic
weakness have driven
higher levels of cash
generation due to
working capital
management
• Anticipate continued
strong free cash flow
generation and
conversion despite
global uncertainty
78% 78%
80% 80% 81% 78%
84% 83%
80%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
2014 2015 2016 2017 2018 2019 2020 2021 2022
0
50
100
150
200
250
300
350
400
F
re
e
C
a
s
h
F
lo
w
C
o
n
v
e
rs
io
n
F
re
e
C
a
s
h
F
lo
w
FCF $ AVNT FCF Conversion % S&P FCF Conversion %
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA. 2020 is pro forma for Clariant Color and 2022 is pro forma for Avient Protective Materials
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
The Company does not provide reconciliations of forward-looking non-GAAP financial measures,
such as outlook for adjusted earnings per share, to the most comparable GAAP financial
measures on a forward-looking basis because the Company is unable to provide a meaningful or
accurate calculation or estimation of reconciling items and the information is not available without
unreasonable effort.
Below is a reconciliation of these non-GAAP financial
measures to their most directly comparable financial measures calculated and presented in accordance with GAAP.
Below is a reconciliation of these non-GAAP financial measures to their most directly comparable financial measures calculated
and presented in accordance with GAAP.
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
However, Avient has not yet calculated the financial implications of this risk
To date we have completed over 2,000 product carbon footprint calculations.
We use distance based calculations
derived from employee and office zip codes.
https://www.avient.com/investor-center/news/polyone-host-investor-conference-call
The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for adjusted earnings per share, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
https://www.avient.com/investor-center/news/polyone-raises-outlook-second-quarter-2019-adjusted-earnings
The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for adjusted earnings per share, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
https://www.avient.com/investor-center/news/avient-signs-agreement-divest-distribution-business-hig-capital-950-million
The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for net debt to adjusted EBITDA leverage, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
https://www.avient.com/news/specialty-healthcare-polymer-solutions-be-showcased-avient-mdm-west-2024
As sustainability becomes increasingly important across all industries, Avient recently introduced its third-party-certified Product Carbon Footprint (PCF) Calculator.