STAYING UPSTREAM Rock the boat with a whole new approach to paddlesports products using advanced polymers from Avient. From design engineering to manufacturing support, our team of experts is ready to help you bring fresh ideas to market quickly and profitably. Processing conditions can cause material properties to shift from the values stated in the information.

Materials exhibiting lower thermal inertia cool faster due to less resistance in releasing heat from the material into the air. The ceramic middle layer has been specially formulated by Avient to reduce thermal inertia and transfer heat outward from the steel bore quickly. Processing conditions can cause material properties to shift from the values stated in the information.

Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share. 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. 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.

Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share. 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. The presentation of these measures may be different from non-GAAP financial measures used by other companies.

Add robust technical support, from product design through production, to achieve even greater benefits throughout the development process. Some of the information arises from laboratory work with small-scale equipment which may not provide a reliable indication of performance or properties obtained or obtainable on larger-scale equipment. Processing conditions can cause material properties to shift from the values stated in the information.

Biopolymers may be manufactured from renewable materials such as corn and sugar cane and can be biodegradable, meaning they degrade under biological—mainly microbial—conditions. Starch blend resins often vary from white to brown and this can influence the final color rendering in the application. Processing conditions can cause material properties to shift from the values stated in the information.

Housings made of aluminum have long been used for dissipating heat away from the electronics, but aluminum is relatively heavy. Processing conditions can cause material properties to shift from the values stated in the information. Processing conditions can cause material properties to shift from the values stated in the information.

Some of the information arises from laboratory work with small-scale equipment which may not provide a reliable indication of performance or properties obtained or obtainable on larger-scale equipment. Processing conditions can cause material properties to shift from the values stated in the information. Processing conditions can cause material properties to shift from the values stated in the information.

Factors that could cause our actual results to differ materially from those implied by forward-looking statements are described in detail in Part l of the Form 10-K. Total company adjusted EBITDA margin expanded to 16.2%, and we generated adjusted EPS of $2.66, up 13% from the prior year(1). The graph assumes the investing of $100 from December 31, 2019 through December 31, 2024.

Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share. 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. The presentation of these measures may be different from non-GAAP financial measures used by other companies.