Company: AVNT
Filing Date: 2025-06-17
Form Type: 11-K
Source: 0001122976-25-000044
Chunk: 9

Company: AVIENT CORP
Filing Date: 2025-06-17
Form: 11-K
Chunk 9
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 in the values of investment securities will occur in the near term and that such changes could materially affect participants’ account balances and the amounts reported in the Statements of Net Assets Available for Benefits .

#### Note 6 — PARTY IN INTEREST TRANSACTIONS
As of each of December 31, 2024 and 2023, the Plan was invested in certain investments managed by Fidelity Management Trust Company, Fidelity National Financial Services, or their affiliates (collectively, Fidelity). Fidelity served as the trustee of the Plan during both 2024 and 2023. The Plan also invests in the common stock of the Company. Purchases, sales, and dividends related to the Company's common stock in 2024 were $3,863,939, $5,905,871 and $784,601, respectively. These transactions qualified as party in interest transactions; however, they are exempt from the prohibited transactions rules under ERISA.

#### Note 7 — INCOME TAX STATUS
The IRS has determined and informed the Plan sponsor by a letter dated September 2, 2014, that the Plan and related trust are designed in accordance with applicable sections of the IRC. Although the Plan has been amended since receiving the determination letter, we believe that the Plan is designed, and has operated, in compliance with the applicable requirements of the IRC. Therefore, we believe that the Plan is qualified, and the related trust is tax-exempt. Accordingly, no provision for income taxes has been made in the accompanying statements. The Plan is no longer subject to income tax examinations for years prior to 2021.

Note 8 — RECONCILIATION OF FINANCIAL STATEMENTS TO THE FORM 5500

The following is a reconciliation of net assets available for benefits per the financial statements to net assets available for benefits per the Form 5500 for the years ended December 31, 2024 and 2023:

|                                                                |     | December 31, |        2024 |     |   |        2023 |
|:---------------------------------------------------------------|:----|:-------------|------------:|:----|:--|------------:|
| Net assets available for benefits per the financial statements |     | $            | 678,401,804 |     | $ | 628,592,523 |
| Contributions receivable                                       |     |              |    -245,481 |     |   |    -222,485 |
| Net assets available for benefits per the Form 5500            |