Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world’s strongest fiber™.

On January 2, 2018, the Company completed the acquisition of IQAP Masterbatch Group S.L. Recent Developments On January 2, 2018, the Company completed the acquisition of IQAP Masterbatch Group S.L. Note 16 — SUBSEQUENT EVENTS On January 2, 2018, the Company completed the acquisition of IQAP Masterbatch Group S.L.

The team selected a long glass fiber-reinforced nylon material (Complēt™ PA66-LGF50 composite) for the shaft substrate to provide strength and to withstand hammering impact.

Examples include: • Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high- performance materials that require less plastic • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation • Breakthrough technologies that minimize wastewater, improve the recyclability of materials and advance a circular economy • Composite solutions to support accelerated growth of 5G / fiber-optic infrastructure investment as the world demands greater and faster connectivity Avient employs approximately 8,400 associates and is certified ACC Responsible Care® and a founding member of the Alliance to End Plastic Waste.

Liquid and masterbatch colorants to provide shelf appeal and product protection 

Notable new product advancements include ColorMatrix™ liquid fiber colorants that improve production efficiency and speed to market for textile applications, WithStand™ antimicrobial additives that help prevent surface bacteria, and Gravi-Tech™ high-density polymers that elevate the texture, feel and aesthetics of luxury packaging.

Underlying organic sales growth plus the addition of Magenta's fiber colorant business and Kraton's TPE business was more than offset by lower year-over-year selling prices in Distribution, PP&S, and Designed Structures and Solutions (DSS), due to lower hydro-carbon based raw material costs.

We now have what we believe to be the strongest portfolio offering in the history of the company with 100% of sales now being generated from specialty applications. 2022 Company highlights include: • Completed the acquisition of the DSM Protective Materials business ("APM"), including the Dyneema® brand, the World's Strongest Fiber™ (the "APM Acquisition"); • Completed the sale of our Distribution business for $950.0 million; • Full-year GAAP EPS from continuing operations was $0.90 in 2022, compared to $1.65 in 2021; • Increased pro forma adjusted EPS from continuing operations from $3.02 in 2021 (pro forma for the APM Acquisition and the sale of our Distribution business) to $3.04(1) in 2022; • Strong working capital performance to finish the year resulted in cash flow from operations of approximately $400 million for 2022; • Generated approximately $290 million(1) of free cash flow, paid down $950 million of debt and ended the year with a net debt-to-EBITDA leverage ratio of 2.9x(1); • Increased our dividend on an annualized basis by 4% to $0.99; the 12th consecutive year of annual increase; • Our injury incident rate was 0.51 (per 100 full-time workers per year) compared to the industry average of 3.40 in 2021; • Certified again as an ACC Responsible Care® organization for outstanding environmental, health, safety and security performance; and • Continued our journey of improving our culture: received our 4th certification as a Great Place to Work® by the Great Place to Work Institute, and the highest scores in the Company's history Examples include: • Dyneema®, the world's strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports; • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy; • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint; • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility. Examples include: • Dyneema®, the world's strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports; • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy; • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint; • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility.

Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™.

Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world's strongest fiber™.