https://www.avient.com/industries/packaging/cosmetics-packaging/fragrance
Aqueous Battery Gasket
https://www.avient.com/sites/default/files/2025-01/Securities Trading Policy %282024%29 Final.pdf
In addition, penalties can be imposed on a company that, through its managers or
supervisors:
(i) knew or recklessly disregarded the fact that an employee or other person
associated with the company was likely to engage in insider trading violations;
and
(ii) failed to take appropriate actions to prevent or detect the violation.
5.
https://www.avient.com/industries/packaging/personal-care-packaging/hair-care
Aqueous Battery Gasket
https://www.avient.com/industries/packaging/personal-care-packaging/bath-and-shower
Aqueous Battery Gasket
https://www.avient.com/investor-center/news/avient-announces-pricing-725-million-7125-senior-notes-due-2030
or (ii) prior to
https://www.avient.com/investor-center/news/avient-announces-commencement-725-million-senior-notes-offering
or (ii) prior to
https://www.avient.com/products/advanced-composites/composite-ballistic-protection/glasarmor-ballistic-resistant-panels
Level II-A
https://www.avient.com/news/avient-brings-sustainable-innovation-npe-2024
Avient invites visitors to explore its sustainability initiatives and innovations at NPE 2024 May 6-10 at the company's customer center in Room S210, Level II, South Hall of the Orange County Convention Center in Orlando, Florida.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
2024 Proxy Statement
PROXY STATEMENT 2024
NOTICE OF 2024 ANNUAL MEETING OF
SHAREHOLDERS AND PROXY STATEMENT
TABLE OF CONTENTS
Letter to Shareholders i
Notice of 2024 Annual Meeting of Shareholders ii
Record Date ii
Voting Matters and Vote Recommendations ii
Proxy Statement 1
Proxy Summary 1
Voting and Meeting Information 1
Attendance and Participation 1
Who is Eligible to Vote 1
Advance Voting Methods 2
Voting During the Annual Meeting 2
Questions 3
Company Operating Performance 3
Our Company Culture 3
The 4Ps of Sustainability at Avient 4
Impact of our Performance on Named Executive Officer 2023 Compensation 8
Our Director Nominees and Committee Membership 10
Summary of Director Nominee Skills, Experience and Background 12
Governance Highlights 14
Proposal 1 - Election of Twelve Director Nominees to Our Board of Directors 16
Proposal 2 - Approval, on an Advisory Basis, of Named Executive Officer
Compensation 23
Proposal 3 - Ratification of the Appointment of Ernst & Young LLP as Our
Independent Registered Public Accounting Firm for the Fiscal Year Ending
December 31, 2024
25
Independent Registered Public Accountant Services and Related Fee Arrangements 25
Report of the Audit Committee 26
Corporate Governance 28
Director Independence 28
Board Leadership Structure 29
Majority Voting for Directors 29
Board Oversight of Risk 29
Board Oversight of ESG and Sustainability Matters 30
Code of Ethics, Code of Conduct, and Corporate Governance Guidelines 31
Related Person Transactions 31
Communication with the Board 32
Board and Committees 32
Board Refreshment and Diversity 37
2023 Non-Employee Director Compensation 38
Non-Employee Director Compensation Highlights 38
Non-Employee Director Retainer and Meeting Fees 38
2023 Non-Employee Director Compensation Table 39
Option Awards Outstanding and Fully Vested Deferred Shares 40
Ownership of Avient Shares 41
Beneficial Ownership of Our Common Shares 41
Stock Ownership Guidelines for Non-Employee Directors 42
Compensation Discussion and Analysis 43
Executive Summary 43
Executive Compensation Philosophy and Objectives 46
What We Pay and Why: Elements of Compensation 48
Other Aspects of our Compensation Programs 54
Executive Compensation 59
2023 Summary Compensation Table 59
2023 Grants of Plan-Based Awards 62
Outstanding Equity Awards at 2023 Fiscal Year-End 64
2023 Option Exercises and Stock Vested 65
2023 Non Qualified Deferred Compensation 65
Potential Payments Upon Termination or Change of Control 66
CEO Pay Ratio Disclosure 71
Pay Versus Performance Disclosure 72
Compensation Committee Interlocks and Insider Participation 75
Risk Assessment of the Compensation Programs 75
Compensation Committee Report 76
Miscellaneous Provisions 77
Internet Availability of Proxy Materials 77
Voting at the Meeting 77
Revoking a Proxy 78
Shareholder Proposals 78
Proxy Solicitation 79
Householding of Proxy Materials 79
Appendix A A-1
In this proxy statement, statements that are not reported financial results or other historical information are “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995.
ii
PROXY STATEMENT
We are providing the enclosed proxy materials to you in connection with the solicitation by the Board of
Directors (the “Board”) of Avient Corporation ("Avient," "Avient Corporation," or the “Company”) of proxies
to be voted at the Annual Meeting of Shareholders to be held on Thursday, May 16, 2024 (the “Annual
Meeting”), and at any adjournments or postponements thereof.
REVOKING A PROXY
If you are a shareholder of record, you may revoke your proxy before it is voted by: (i) sending a written
notice to our Secretary bearing a later date than the previously delivered proxy, stating that you revoke
your proxy; (ii) mailing a completed and signed proxy card bearing a later date than the previously
delivered proxy; (iii) voting by telephone or internet at a later date than the previously delivered proxy; or
(iv) participating in the Annual Meeting and voting electronically online during the Annual Meeting.
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
2025 Proxy Statement
Table of Contents Page
Letter to Shareholders i
Notice of 2025 Annual Meeting of Shareholders ii
Record Date ii
Voting Matters and Vote Recommendations ii
Proxy Statement 1
Proxy Summary 1
Voting and Meeting Information 1
Attendance and Participation 1
Who is Eligible to Vote 2
Advance Voting Methods 2
Voting During the Annual Meeting 3
Questions 3
Our Purpose and Strategic Framework 4
People 4
Products 5
Planet 5
Performance 6
Our Director Nominees and Committee Membership 6
Summary of Director Nominee Skills, Experience and Background 7
Governance Highlights 8
PROPOSAL 1—Election of Twelve Director Nominees to Our Board of
Directors
10
PROPOSAL 2—Approval, on an Advisory Basis, of Named Executive Officer
Compensation
23
PROPOSAL 3—Ratification of the Appointment of Ernst & Young LLP ("EY")
as Our Independent Registered Public Accountant
25
Independent Registered Public Accountant Services and Related Fee
Arrangements
25
Report of the Audit Committee 26
Corporate Governance 28
Director Independence 28
Board Leadership Structure 29
Majority Voting for Directors 29
Board Oversight of Risk 29
Board Oversight of ESG and Sustainability Matters 30
Code of Ethics, Code of Conduct and Corporate Governance Guidelines 31
Related Person Transactions 31
Communication with the Board 32
Board and Committees 32
Board Refreshment 37
Board Tenure 37
2024 Non-Employee Director Compensation 38
Non-Employee Director Compensation Highlights 38
Non-Employee Director Retainer and Meeting Fees 38
2024 Non-Employee Director Compensation Table 39
Fully Vested Deferred Shares 40
Ownership of Avient Shares 41
Beneficial Ownership of Our Common Shares 41
Stock Ownership Guidelines for Non-Employee Directors 42
Compensation Discussion and Analysis 43
Executive Summary 43
Executive Compensation Philosophy and Objectives 45
What We Pay and Why: Elements of Compensation 47
Other Aspects of Our Compensation Programs 54
Executive Compensation 59
2024 Summary Compensation Table 59
2024 Grants of Plan-Based Awards 62
Outstanding Equity Awards at 2024 Fiscal Year-End 64
2024 Option Exercises and Stock Vested 65
2024 Non Qualified Deferred Compensation 65
Potential Payments Upon Termination or Change of Control 66
CEO Pay Ratio Disclosure 71
Pay Versus Performance Disclosure 72
Compensation Committee Interlocks and Insider Participation 76
Risk Assessment of the Compensation Programs 76
Compensation Committee Report 76
Miscellaneous Provisions 77
Appendix A 80
In this proxy statement, statements that are not reported financial results or other historical information are “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995.
ii
Proxy Statement
We are providing the enclosed proxy materials to you in connection with the solicitation by the Board of
Directors (the “Board”) of Avient Corporation ("Avient," "Avient Corporation," or the “Company”) of proxies to
be voted at the Annual Meeting of Shareholders to be held on Wednesday, May 14, 2025 (the “Annual Meeting”),
and at any adjournments or postponements thereof.
Revoking a Proxy
If you are a shareholder of record, you may revoke your proxy before it is voted by: (i) sending a written notice to
our Secretary bearing a later date than the previously delivered proxy, stating that you revoke your proxy; (ii)
mailing a completed and signed proxy card bearing a later date than the previously delivered proxy; (iii) voting
by telephone or internet at a later date than the previously delivered proxy; or (iv) participating in the Annual
Meeting and voting electronically online during the Annual Meeting.