Explore What's Possible Explore What's Possible

Explore What's Possible Explore What's Possible

Explore What's Possible Explore What's Possible

So, what’s the best fit for your application?  Take a deeper dive into these competitive materials in our eBook: What's the Difference?

DISTINGUISHED CLOSURES FOCUSED ON LUXURY PERCEPTION © 2020, All Rights Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012 THE CHALLENGE Beverage selections can say a lot about who you are and what you aspire to be. Before a drink is ever served, its package is already shaping your perception of what you’re selecting and how others will view it. Creating premium closures that convey superior quality, sophistication and style is what make this producer a leader in its market.

The EMEA region's organic revenues grew 5%, benefiting from share gains in packaging and continued strong demand for defense applications." 2024 Outlook "The year has continued to play out as we expected, and as we look at the fourth quarter, we are in a position to narrow our full-year guidance," said Jamie Beggs, Senior Vice President and Chief Financial Officer of Avient Corporation. Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. Three Months Ended September 30, Nine Months Ended September 30, Reconciliation to Consolidated Statements of Income 2024 2023 2024 2023 Sales $ 815.2 $ 753.7 $ 2,493.9 $ 2,423.8 Gross margin - GAAP 261.4 195.3 797.2 683.6 Special items in gross margin (Attachment 3) 0.6 40.2 22.6 62.4 Adjusted gross margin $ 262.0 $ 235.5 $ 819.8 $ 746.0 Adjusted gross margin as a percent of sales 32.1 % 31.2 % 32.9 % 30.8 % Operating income - GAAP 77.2 34.3 243.7 153.7 Special items in operating income (Attachment 3) 8.4 41.0 41.8 89.9 Adjusted operating income $ 85.6 $ 75.3 $ 285.5 $ 243.6 Adjusted operating income as a percent of sales 10.5 % 10.0 % 11.4 % 10.1 % Three Months Ended September 30, Nine Months Ended September 30, Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 2024 2023 Net income from continuing operations – GAAP $ 38.7 $ 5.1 $ 122.2 $ 48.7 Income tax expense (benefit) 11.3 (0.1) 39.3 18.0 Interest expense, net 26.9 30.3 80.1 88.5 Depreciation & amortization 45.1 46.4 134.3 144.5 EBITDA from continuing operations $ 122.0 $ 81.7 $ 375.9 $ 299.7 Special items, before tax 9.7 43.2 44.0 92.2 Interest expense included in special items (1.3) (2.2) (2.3) (2.2) Depreciation & amortization included in special items (0.4) — (1.2) (1.9) Adjusted EBITDA $ 130.0 $ 122.7 $ 416.4 $ 387.8 Adjusted EBITDA as a percent of sales 15.9 % 16.3 % 16.7 % 16.0 % Year Ended December 31, 2023 Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) Net income from continuing operations attributable to Avient shareholders $ 75.8 $ 0.83 Special items, after-tax 79.3 0.86 Amortization expense, after-tax 61.5 0.67 Adjusted net income / EPS $ 216.6 $ 2.36 (1) Per share amounts may not recalculate from figures presented herein due to rounding

portfolio has been repositioned to be 100 percent specialty materials, Ashish's deep technical expertise and demonstrated commercial success in building and growing businesses makes him the ideal leader to take having transformed the Company's portfolio to 100 percent specialty and built a foundation for even greater success."

Polystrand™ panels are featured in all-composite medium-duty trucks and trailers that reduce weight by 45 percent versus traditional materials and are completely recyclable. Complēt™ long fiber-reinforced structural composites replace aluminum in light aircraft seats and spacers, resulting in a 40 percent weight reduction.

We understand what it takes to limit the risk of skin sensitivity issues using engineered materials designed for prolonged skin contact. Collaborate with Avient and see what a positive difference the right polymer supplier can make.

Explore What’s Possible Explore What’s Possible