For an advance look at our sustainability initiatives, please review our most recent sustainability report, which will soon be available on our website,” added Ms. Our report not only captures our commitments and performance but also clearly demonstrates how sustainability is an unquestionable growth driver for Avient going forward.” Three Months Ended June 30, Six Months Ended June 30, 2021 2020 2021 2020 Sales: Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3 Specialty Engineered Materials 240.6 158.8 457.1 344.1 Distribution 404.4 238.8 767.1 528.3 Corporate and eliminations (34.2) (15.3) (60.4) (35.1) Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6 Gross margin: Color, Additives and Inks $ 193.4 $ 75.7 $ 390.9 $ 165.1 Specialty Engineered Materials 69.6 42.5 134.3 95.1 Distribution 40.1 27.2 79.4 60.8 Corporate and eliminations (14.4) 4.3 (13.5) 0.2 Gross margin $ 288.7 $ 149.7 $ 591.1 $ 321.2 Selling and administrative expense: Color, Additives and Inks $ 107.1 $ 43.4 $ 215.8 $ 92.3 Specialty Engineered Materials 32.3 25.5 62.8 55.8 Distribution 16.4 12.6 31.7 26.8 Corporate and eliminations 24.8 30.2 52.3 55.5 Selling and administrative expense $ 180.6 $ 111.7 $ 362.6 $ 230.4 Operating income: Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8 Specialty Engineered Materials 37.3 17.0 71.5 39.3 Distribution 23.7 14.6 47.7 34.0 Corporate and eliminations (39.2) (25.9) (65.8) (55.3) Operating income $ 108.1 $ 38.0 $ 228.5 $ 90.8 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4 Specialty Engineered Materials 45.4 24.6 87.4 54.4 Distribution 23.9 14.7 48.1 34.2 Corporate and eliminations (39.0) (23.3) (63.8) (51.4) Other income, net 1.2 9.5 $ 2.7 $ 11.1 EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7 12 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) Senior management uses gross margin before special items and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance.

EASY FIND LIDS YELLOW 610C

GEON 87416 (FIND OUT COLOR)

Depending on the material, our composite and fiber solutions may run into challenges in finding outlets for waste to divert from landfill.

Visitors can find Avient’s exhibit in booth W1C04 at Wire China 2020.

Visitors can find Avient in Pavilion 5, stand number 02.  

Attendees at Fakuma 2023 can find more information on all the materials listed above by visiting Avient’s booth 5316 in Hall B5 from October 17 – 21 in Friedrichshafen, Germany.  

TECHNICAL BULLETIN 1 How to keep a sustainable PET recycling industry in Europe - EPBP - European PET Bottle Platform 2 How circular is PET? Avient undertook a recyclability study to show how bottles containing 0.09% Fortis Amber-1 and 4% Amosorb SolO2-2 achieve optimal results when going through two full loops of recycling. A second test was also carried out, which aimed to demonstrate how recycled material can be combined with vPET to produce bottles that are very similar to bottles produced with 100% virgin resin.

We specialize in formulating sustainable solutions to meet our customers' toughest challenges, and I am proud of how well our team has delivered throughout the COVID-19 pandemic and recent supply chain disruptions." Our EPS projections for 2021 are 61% higher than 2019 because of the resiliency of our portfolio, the end markets we serve and how we have executed during these challenging times," Senior management uses gross margin before special items and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance.

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