Cost of sales Cost of sales: Restructuring costs

In addition, it costs hundreds of thousands of jobs, exposes consumers and workers to health and safety risks, has proven links to organized crime, and causes massive reductions in tax revenue.   Reduces costs for warranty, liability, or product support Learn how molded-in color can offer the same eye-popping effects of paint at a greater efficiency and lower cost

Paint adds a great surface finish to automobile parts, but painting always adds cost, time, and additional logistics requirements. Suitable for standard injection molding machinery, Smartbatch FX reduces the cost per part by 30 percent or more compared to painted parts. This recent project is a significant step forward in reducing the cost to manufacture highly visible interior applications.”

Supplier HellermannTyton switched to heat-stabilized Bergamid™ B70 G30H Black TM-X polyamide to produce a seat fastener at lower cost, lower weight and with greater design flexibility Avient assists in creating electronic connector for a new, low-cost computer to meet technical requirements, avoid over-engineering and meet cost-performance requirements with Bergamid™ nylon material Maxxam™ FR Polypropylene Solutions provide cost savings and improve data processing capabilities

Additional weight, manufacturing challenges and ultimately, higher costs. Its thermally conductive properties allow for effective heat management, but material and production costs can be high. Replacing aluminum heat sinks with polymer ones can greatly reduce both the total cost and weight of a part.

Additional weight, manufacturing challenges and ultimately, higher costs. Its thermally conductive properties allow for effective heat management, but material and production costs can be high. Replacing aluminum heat sinks with polymer ones can greatly reduce both the total cost and weight of a part.

In order to optimize its profit margins, the company sought to control system costs by avoiding secondary assembly and handling. Lower system costs = higher margins: By reducing waste from part deformation, the Avient TPE allowed the manufacturer to leverage efficient, fast 2K molding for system cost reduction. With OnFlex-S TPE, the company achieved system cost benefits that have made this product line a profitable one.

In order to optimize its profit margins, the company sought to control system costs by avoiding secondary assembly and handling. Lower system costs = higher margins: By reducing waste from part deformation, the Avient TPE allowed the manufacturer to leverage efficient, fast 2K molding for system cost reduction. With OnFlex-S TPE, the company achieved system cost benefits that have made this product line a profitable one.

In particular, these include statements relating to future actions; prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal proceedings and environmental liabilities; and financial results. This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, mark-to-market adjustments associated with benefit plans, environmental remediation costs, acquisition-related costs, and other non-routine costs. GUIDANCE $800 $754 $128 $123 Sales Adjusted EBITDA $0.56 $0.57 13 • Demand impacted by destocking and cautious customer sentiment • Positive net price benefit: o CAI - Pricing flat and raw material deflation o SEM - Pricing flat with unfavorable mix related to healthcare, more than offset with raw material deflation • Cost reductions driven by Clariant synergies and reduced administrative costs Q3 EBITDA BRIDGE ($ millions) CAI: Price / Mix -) Deflation 22) SEM: Price / Mix (6) Deflation 13) Net Price Benefit 29) Cost Reductions 13) Wage Inflation (8) FX 1) Q3 2023 Actual $ 123) Adjusted EBITDA Q3 2022 Pro Forma $ 137) Demand (49) 14 2023 G U I DAN CE Q4 2023 GUIDANCE VS.

The cost associated with the disposition of defective material is solely the supplier’s responsibility and Avient may request reimbursement for any cost incurred during the disposal of defective material. Administrative and labor cost shall be based on reasonable cost for the rejected material. This document is property of Avient 6.0 References Document Title Description IATF 16949 Automotive Quality Standard ISO 9001 International Quality Standard ISO 13485 Healthcare Quality Standard QF-05 Supplier Self-Assessment Audit Form QS-05 Control of External Providers Procedure 7.0 Definitions and Acronyms Term Definition Audit Examination and evaluation of an organization’s products and processes CAPA Corrective Action Preventive Action: Evaluation process used to eliminate the cause of a non- conformance or issue COA Certificate of Analysis Containment Isolation of nonconforming material to prevent the shipment of product, and measures taken to prevent the manufacture of additional product containing the non-conformance Corrective Action Actions taken to eliminate the causes of a nonconformance to prevent recurrence External Provider Term referenced in ISO 9001.