https://www.avient.com/content/terms-conditions-carriage
The carrier or the party in possession shall have the burden of proving freedom from negligence and that one of the foregoing exceptions was the sole and proximate cause of the loss, damage or delay.
Suits for loss damage or delay shall be instituted against any carrier no later than two years and one day from the day when written notice is received by the claimant from the carrier that the carrier has disallowed the claim or any part thereof.
https://www.avient.com/sites/default/files/2024-02/AVNT Q4 2023 Earnings Press Release.pdf
A recording of the webcast and the slide presentation will be available at
avient.com/investors/events-presentations immediately following the conference call and will be
accessible for one year.
2) Tax adjustments include the net tax impact from non-recurring income tax items, adjustments to uncertain tax position reserves and the
establishment, reversal or changes to valuation allowances.
9
Special items (1)
Three Months Ended
March 31,
2023
Cost of sales:
Restructuring costs, including accelerated depreciation $ (6.6)
Environmental remediation costs (1.4)
Impact on cost of sales (8.0)
Selling and administrative expense:
Restructuring and employee separation costs (11.3)
Legal and other (4.4)
Acquisition related costs (3.4)
Impact on selling and administrative expense (19.1)
Impact on operating income (27.1)
Other loss (0.2)
Impact on income from continuing operations before income taxes (27.3)
Income tax expense on above special items 6.9
Tax adjustments(2) (1.9)
Impact of special items on net income from continuing operations $ (22.3)
Diluted earnings per common share impact $ (0.24)
Weighted average shares used to compute adjusted earnings per share:
Diluted 91.8
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt
extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel
reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to-
market adjustments associated with gains and losses on pension and other post-retirement benefit plans; environmental remediation costs,
fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the
divestiture of operating businesses, gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where
such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-
recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results
Three Months Ended
December 31,
Year Ended
December 31,
2023 2022 2023 2022
Sales:
Color, Additives and Inks $ 459.4 $ 490.8 $ 2,007.4 $ 2,355.0
Specialty Engineered Materials 259.8 300.8 1,138.2 1,044.4
Corporate (0.2) (1.2) (2.8) (2.5)
Sales $ 719.0 $ 790.4 $ 3,142.8 $ 3,396.9
Gross margin:
Color, Additives and Inks $ 148.3 $ 134.5 $ 631.2 $ 681.3
Specialty Engineered Materials 78.1 82.4 341.8 283.7
Corporate (17.5) (44.9) (80.5) (82.3)
Gross margin $ 208.9 $ 172.0 $ 892.5 $ 882.7
Selling and administrative expense:
Color, Additives and Inks $ 86.5 $ 90.2 $ 371.3 $ 380.3
Specialty Engineered Materials 48.7 47.2 199.3 143.6
Corporate 30.6 34.2 125.1 115.5
Selling and administrative expense $ 165.8 $ 171.6 $ 695.7 $ 639.4
Operating income:
Color, Additives and Inks $ 61.8 $ 44.3 $ 259.9 $ 301.0
Specialty Engineered Materials 29.4 35.2 142.5 140.1
Corporate (48.1) (79.1) (205.6) (197.8)
Operating income $ 43.1 $ 0.4 $ 196.8 $ 243.3
13
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.
https://www.avient.com/investor-center/news/polyone-announces-seventh-consecutive-annual-increase-quarterly-dividend
One year ago, we announced a plan to increase our dividend by more than 60% by 2020, and we are pleased to be delivering on our commitment, as our dividend has now increased by 44% over the last two years," said
SEARCH INVESTOR NEWS
https://www.avient.com/news/colornow-digital-service-avient-offers-immediate-color-matching-and-streamlined-color-design-process
It is one of the fastest color design tools currently available in the market and is supported by rapid manufacturing and delivery of samples.”
SEARCH INVESTOR NEWS
https://www.avient.com/news/polyone-showcase-polymer-solutions-disinfectant-resistance-mdm-west-2016
With the one of the broadest medically approved polymer portfolios available in the market, we are uniquely positioned to help our medical device customers navigate material options, enabling them to create durable, long-lasting and innovative products that stand up to the most aggressive disinfectants used today,” said Cathy Dodd, vice president, Marketing at PolyOne.
SEARCH INVESTOR NEWS
https://www.avient.com/news/polyone-helps-polycase-win-“ammo-year”-polymer-based-ammunition
The shooting sports industry is one characterized by loyal, dedicated consumers who value high-performance products and are passionate about their sport.
SEARCH INVESTOR NEWS
https://www.avient.com/news/specialty-and-sustainable-materials-packaging-be-showcased-avient-propak-vietnam-2024
SHANGHAI – April 3, 2024 – Avient Corporation, a premier provider of specialty and sustainable materials solutions and services, will showcase its extensive range of sustainable and specialty colorants and additives for both rigid and flexible packaging at Propak Vietnam 2024, one of Vietnam’s premier trade fairs for the packaging industry.
SEARCH INVESTOR NEWS
https://www.avient.com/news/avient-technology-helps-achieve-color-consistency-l-or-al-pcr-packaging-worldwide
This means fewer color iterations, fewer color trials, and fewer plastic bottles traveling from one zone to the other.
SEARCH INVESTOR NEWS
https://www.avient.com/news/new-color-services-textiles-available-avient-turkey
It creates different visual textures that can look like one color when viewed from a distance but, when viewed close-up, can appear to have a grading effect.
SEARCH INVESTOR NEWS
https://www.avient.com/sites/default/files/2025-05/Avient Announces First Quarter 2025 Results_0.pdf
A recording of the webcast and the slide presentation will be available at
avient.com/investors/events-presentations immediately following the conference call and will be
accessible for one year.
Our expanding portfolio of offerings includes colorants,
advanced composites, functional additives, engineered materials, and Dyneema®, the world’s
strongest fiber™.
Three Months Ended
March 31,
2025 2024
Sales:
Color, Additives and Inks $ 519.7 $ 515.3
Specialty Engineered Materials 308.4 314.4
Corporate (1.5) (0.7)
Sales $ 826.6 $ 829.0
Gross margin:
Color, Additives and Inks $ 173.1 $ 171.2
Specialty Engineered Materials 97.8 107.0
Corporate (7.7) —
Gross margin $ 263.2 $ 278.2
Selling and administrative expense:
Color, Additives and Inks $ 94.5 $ 96.4
Specialty Engineered Materials 50.7 53.6
Corporate 117.3 34.2
Selling and administrative expense $ 262.5 $ 184.2
Operating income:
Color, Additives and Inks $ 78.6 $ 74.8
Specialty Engineered Materials 47.1 53.4
Corporate (125.0) (34.2)
Operating income $ 0.7 $ 94.0
Depreciation & amortization:
Color, Additives and Inks $ 21.7 $ 21.9
Specialty Engineered Materials 21.5 19.6
Corporate 2.1 2.8
Depreciation & amortization $ 45.3 $ 44.3
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 100.3 $ 96.7
Specialty Engineered Materials 68.6 73.0
Corporate (122.9) (31.4)
Other expense, net (0.4) (0.9)
EBITDA $ 45.6 $ 137.4
Special items, before tax 101.2 6.2
Interest expense included in special items (1.7) —
Depreciation & amortization included in special items (0.4) (0.5)
Adjusted EBITDA $ 144.7 $ 143.1
12
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses operating income before special items to assess performance and allocate resources because senior
management believes that this measure is most useful in understanding current profitability levels and how it may serve as a
basis for future performance.