Cesa™ Anti-Block Slip LS Cesa™ Anti-Block Additives UV and Light Blocking Additives

Cesa™ Anti-Block Slip LS Cesa™ Anti-Block Additives New Black Colorants from Avient turn former waste into recyclable packaging

Cesa™ Anti-Block Slip LS Cesa™ Anti-Block Additives UV and Light Blocking Additives

Senior management also uses 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. 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. The presentation of these measures may be different from non-GAAP financial measures used by other companies.

The mid-point of the adjusted EPS range of $2.82 represents 11% growth, excluding the unfavorable impact from foreign exchange of $0.12 for the full year.” https://www.avient.com/investors https://edge.media-server.com/mmc/p/rgfk7qte/ https://www.avient.com/investors https://register.vevent.com/register/BIf718eaf1419a4d83a527f0aba7b74d90 https://www.avient.com/investors/events-presentations 4 Non-GAAP Financial Measures The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial measures. 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.

Third quarter GAAP earnings per share (EPS) from continuing operations were $0.41 compared to $0.06 in the prior year quarter. We now expect adjusted EBITDA of $525 million to $530 million, from our previous guidance range of $515 million to $540 million. Our revised range for adjusted EPS is between $2.63 to $2.67, from our previous range of $2.55 to $2.70."

Senior management also uses 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. 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. The presentation of these measures may be different from non-GAAP financial measures used by other companies.

Over half of closurelogic’s revenues are generated from sales outside of Germany. Lined with TPE, closurelogic caps have outstanding tightness for sealability of both one-way and refillable bottles, while maintaining good removal torque. In addition, the GLS TPE from Avient passed migration, extraction and sensory testing by Nehring Institute as required by food contact regulations (EU) 10/2011 and FDA 177.1210.

GAAP earnings per share (EPS) from continuing operations were ($0.30) in the third quarter of 2022 compared to $0.37 in the prior year quarter. These factors are also causing customer inventory destocking across nearly every industry, further reducing orders from customers." We have not wavered from our strategy of becoming a specialty formulator.

Senior management also uses 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. 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. The presentation of these measures may be different from non-GAAP financial measures used by other companies.