Company: AVNT
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001122976-25-000019
Chunk: 80

Company: AVIENT CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 80
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 of the modified awards is $432,186 for the stock awards and $357,464 for the SARs awards. For details regarding the modified awards, refer to the 2024 Grants of Plan-Based Awards table of this proxy statement.

Further, on February 21, 2025, Mr. Rathbun’s service to the Company was terminated without cause due to the Company’s change in strategic direction, which no longer requires the officer role in which he was serving. In connection with this departure, Mr. Rathbun will receive (in exchange for a release of claims and continued compliance with applicable restrictive covenants): (1) salary continuation payments of approximately $1,128,209 (including $28,209 in earned but unused vacation); (2) payout under his 2025 Annual Incentive Program award based on actual performance; (3) reimbursement (plus tax gross-up) for two years of continued health coverage under our plans (see table above for value); and (4) 12 months of outplacement benefits (see table above for value). Further, in recognition of Mr. Rathbun's contributions to the Company, and in exchange for an extension of Mr. Rathbun’s post-employment non-competition and non-solicitation covenants for an additional year, plus his commitment to provide consulting support to the Company, the Compensation Committee approved pro-rata continued vesting of his outstanding RSUs, in accordance with the other terms of such awards, upon his departure. The intrinsic value of such modified RSUs is approximately $312,812.

CEO Pay Ratio Disclosure

The SEC has adopted rules requiring annual disclosure of the ratio of the median employee’s annual total compensation to the annual total compensation of the CEO.

CEO (Khandpur) Annual Total Compensation for 2024 - $6,903,295

Median Employee Annual Total Compensation for 2024 - $61,504

Ratio of CEO (Khandpur) to Median Employee Annual Total Compensation for 2024 - 112:1

How the Median Employee was Determined

For purposes of this pay ratio disclosure, we determined that it was appropriate to continue using the same median employee that we identified for 2022, as there has been no change in our employee population or

<div align='center'>PROXY STATEMENT 2025 | Annual Meeting of Shareholders 71</div>

#### EXECUTIVE COMPENSATION
employee compensation arrangements that we believe would result in a significant change in the pay ratio disclosure