Company: AVNT
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001122976-25-000019
Chunk: 54

Company: AVIENT CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 54
---
 this date. Details regarding these awards are described below.

Cash-Settled Performance Units . Cash-settled performance units provide an opportunity for employees to receive a cash bonus if specified performance measures are met for pre-defined performance periods. The Compensation Committee maintained adjusted EPS as the performance measure for the 2024-2026 cash-settled performance unit awards in order to drive improvements in shareholder value. We use the four performance periods and relative weightings listed below to drive annual performance as well as cumulative performance. Requiring annual, as well as cumulative, performance goals helps ensure that adjusted EPS growth is a constant and visible incentive goal for our Named Executive Officers to achieve each year.

| Performance Period                                     
 January 1, 2024 through December 31, 2024              
 January 1, 2025 through December 31, 2025              |     | Weighting 
 25%       
 25%       |
|:-------------------------------------------------------|:----|:----------|
| January 1, 2026 through December 31, 2026              |     | 25%       |
| January 1, 2024 through December 31, 2026 (cumulative) |     | 25%       |

<div align='center'>PROXY STATEMENT 2025 | Annual Meeting of Shareholders 52</div>

#### COMPENSATION DISCUSSION AND ANALYSIS
The attainment level for the cash-settled performance units will be certified at the end of the total three-year performance period. We established threshold, target and maximum adjusted EPS goals for each of the above listed performance periods. Participants earn, for the applicable performance period: (1) 100% of the target award of cash-settled performance units upon attainment of the target performance level; (2) 50% of the target award upon attainment of the threshold performance level; or (3) 200% of the target award upon attainment of the maximum (or greater) performance level. If final performance falls between the threshold and target or between target and maximum, earned award amounts will be interpolated. If threshold performance is not achieved for a particular performance period, then no award will be paid to the participants for such performance period. The cash-settled performance units do not pay out until the payment date in order to serve as a retention vehicle, and participants must generally be employed on the payment date to receive payment. The payment date will be a date in 2027 determined by the Compensation Committee (or its authorized