The non-GAAP financial measures include: adjusted EPS, adjusted operating income, free cash flow and adjusted EBITDA. Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources. Our free cash flow supports shareholder value creation through investing in R&D for organic growth, completing bolt-on acquisitions, and returning cash to shareholders via our dividend program and opportunistic share repurchases. 27 1.

The non-GAAP financial measures include: adjusted EPS, adjusted operating income, free cash flow and adjusted EBITDA. 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. Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2022E (%) Being asset light helps us to generate strong free cash flow that is in line with other specialty formulators.

Avient also will be exhibiting the expanded launch of PTFE-Free LubriOne™ Internally Lubricated Formulations to Asia. Versaflex™ TF Adhesive TPE for Textile Fabrics: a cost-effective alternative to TPU adhesive films and traditional glues, free of plasticizers, with low VOC content, OEKO-TEX 100-2 compliance, and excellent washability up to 60°C, combining strong and seamless adhesion to polyester and nylon fabrics with outstanding elastic recovery for high wearing comfort in target applications such as functional sports attire, fitness apparel, and underwear To access Avient’s news library online, please visit www.avient.com/news. 

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