In some instances, it also was subject to UL’s Vertical Wire Class 1 rating for flame resistance (VW-1). The engineering team conferred with Avient to find a material that could meet the stringent requirements. Benefits from the project were:

Ripcords • Lubricated, color coated, various fibers • Rips through any material including steel armor • Made from Kevlar, Vectran LCP or PET polyester 12. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP. Tax adjustments include the net tax benefit/(expense) from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuation allowance adjustments.

ECCOH™ XL Cross-Linkable Solutions (8001) Moisture-cured cross-linkable, low smoke and fume, non-halogen (LSFOH) formulations for flame retardant wire and cable applications ECCOH™ XL Cross-Linkable Solutions (ECCOH XL 8001) are non-halogenated flame retardant formulations for the manufacturing of thermoset cable insulation. Manufacturers of cable insulation who require flame retardance in their products benefit from ECCOH XL 8001. Avient makes no warranties or guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.

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Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share, Adjusted Operating Income 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. Further, as a result of Avient's portfolio shift to a pure play specialty formulator, it has completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization. The Q3 2022 "Pro Forma APM" adjustments reflect periods prior to the acquisition date and are preliminary estimates for APM’s results for the months of July and August. 2 Reconciliation of Avient consolidated pro forma EBITDA Q3 2022 Q3 2021 Avient(1) Pro forma APM(1) Pro forma Avient Avient Pro forma APM Pro forma Avient Net income from continuing operations (27.8) 3.9 (23.9) 33.4 0.3 33.7 Income tax expense (1.2) 0.6 (0.6) 2.0 2.5 4.5 Interest expense 37.3 1.8 39.1 19.0 11.2 30.2 Depreciation and amortization 39.8 10.9 50.7 36.6 18.4 55.0 EBITDA 48.1 17.2 65.3 91.0 32.4 123.4 Special items, before tax 82.0 — 82.0 19.9 — 19.9 Interest expense included in special items (10.0) — (10.0) — — — Depreciation included in special items (0.8) — (0.8) (0.9) — (0.9) Adjusted EBITDA $ 119.3 $ 17.2 $ 136.5 $ 110.0 $ 32.4 $ 142.4 (1) - Q3 2022 Avient results reflect one month of APM’s results while owned by Avient, as the acquisition closed on September 1, 2022.

from foreign exchange The non-GAAP financial measures include organic performance (which excludes the impact of foreign exchange), adjusted EPS, adjusted operating income, adjusted EBITDA, adjusted EBITDA margins, free cash flow and adjusted free cash flow.   Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™.  

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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. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP. Tax adjustments include the net tax expense/benefit from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuation allowance adjustments.

These materials typically offer very high temperature and chemical resistance, along with excellent mechanical performance, inherent flame retardance and radiation resistance. FLAME RETARDANCE: Inherent flame retardant properties allow these materials to pass important flame/smoke/toxicity (FST) tests needed for use in aircraft cabins and railway compartments. Copyright © 2021, Avient Corporation.

Avient Resources Avient Resources New black colorants from Avient support circular economy and turn former waste into recyclable packaging