https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
In addition, operating
income before the effect of special items is a component of Avient’s annual incentive plans and is used in debt covenant
computations.
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
Management believes this provides comparability of the performance of the
combined businesses.
In addition, operating
income before the effect of special items is a component of Avient’s annual and long-term employee incentive plans and is used
in debt covenant computations.
https://www.avient.com/sites/default/files/2022-05/Compensation Committee Charter (REV 10-2019).pdf
With respect to incentive compensation plans and equity-based plans:
• Make recommendations to the Board with respect to the approval of incentive
compensation plans for executive officers and all equity-based plans.
• Review and approve equity-based grants and awards, including long-term incentive plan
awards, to officers, senior managers, key employees, and other employees of the
Company and its subsidiaries under the Company’s equity-based plans
Review and approve the terms of all employment agreements, management continuity
agreements and change in control agreements for elected officers.
3
Non-employee Director Compensation
Benefit Plans
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
For example, the increased
operational cost or lost revenue from business interruption, mitigation planning,
contingencies and insurance for both direct operations are considered.
Business Strategy
C3.1
(C3.1) Have climate-related risks and opportunities influenced your organization’s
strategy and/or financial planning?
Feedback and
action plans are developed where necessary.
https://www.avient.com/sites/default/files/2022-11/Avient Announces Third Quarter 2022 Results.pdf
Patterson continued.
They use words such as “will,” “anticipate,” “estimate,” “expect,” “project,” “intend,”
“plan,” “believe,” and other words and terms of similar meaning in connection with any discussion
of future operating or financial condition, performance and/or sales.
In addition, operating income before the effect of special items is
a component of Avient annual and long-term employee incentive plans and is used in debt covenant computations.
https://www.avient.com/sites/default/files/2022-08/Avient CDP_Climate_Change_Questionnaire_2022.pdf
Business Strategy
C3.1
(C3.1) Does your organization’s strategy include a transition plan that aligns with a
1.5°C world?
Strategic plans at the facility and business level include planned efforts to achieve
sustainability and operational goals which will allow Avient to make continuous
improvement towards our goals.
Strategic plans at the facility and business level include planned efforts to achieve
sustainability and operational goals which will allow Avient to make continuous
improvement towards our goals.
https://www.avient.com/sites/default/files/2024-11/AVNT M11 Investor Presentation_w_Non-GAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
In addition, operating
income before the effect of special items is a component of Avient’s annual incentive plans and is used in debt covenant
computations.
https://www.avient.com/sites/default/files/2024-09/Compensation Committee Charter July 2024.pdf
Review and approve the terms of all employment agreements, management continuity
agreements and change in control agreements for elected officers.
Benefit Plans
Committee Meetings and Action
• A majority of the Committee members will be a quorum for the transaction of business
https://www.avient.com/sites/default/files/2024-10/Compensation Committee Charter - Final.pdf
Administer the Company’s equity-based incentive compensation plans and other plans
adopted by the Board that contemplate administration by the Committee
Review and approve the terms of all employment agreements, executive severance plan and
agreements, management continuity agreements and change in control agreements for elected
officers
Benefit Plans
https://www.avient.com/company/sustainability/planet/alliances-partnerships
We are continuously making a positive impact through our innovative portfolio of technologies that enable our customers to improve plastic recyclability and reduce the amount of material required for packaging.
We will continue to invest and work aggressively to eliminate plastic waste in the environment to deliver critical sustainability and performance benefits to people and communities around the world and live up to our promise of meeting the needs of the present without compromising future generations’ ability to meet their needs.
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