Company: AVNT
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001122976-25-000019
Chunk: 51

Company: AVIENT CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 51
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 Committee.

Mr. Pederson's 2024 Annual Incentive Program opportunities were based on a combination of business segment specific results and total Company results. The opportunities related to adjusted operating income were based 85% (59.5% of total opportunity) on business segment specific results and 15% (10.5% of total opportunity) on consolidated Avient adjusted operating income results. Total attainment for our Specialty Engineered Materials ("SEM") business segment under the 2024 Annual Incentive Program was 183.8%, with the components consisting of (dollars in millions):

| 2024 SEM Plan Annual Incentive Program* (Pederson) |     |           |     |                                                 |     |        |     |         |     |         |     |          |
| Measure                                            |     | Weighting |     |                                       Threshold |     | Target |     | Maximum |     | Results |     | Payout % |
| Adjusted Operating Income (SEM)                    |     | 59.5%     |     |                                          $144.5 |     | $151.3 |     |  $158.5 |     |  $168.9 |     | 200.0%   |
| Adjusted Operating Income (consolidated)           |     | 10.5%     |     |                                          $312.7 |     | $330.0 |     |  $347.3 |     |  $350.7 |     | 200.0%   |
| Working Capital as a % of Sales (SEM)              |     | 20.0%     |     |                                           16.9% |     |  16.2% |     |   15.7% |     |   16.0% |     | 144.2%   |
| Sustainability Objectives                          |     | 10.0%     |     | See above disclosure for more information about 
                          goals and achievements |     |        |     |         |     |         |     | 150.0%   |
| Total Attainment                                   |     |           |     |                                                 |     |        |     |         |     |         |     | 183.8%   |

*Adjusted operating income (performance measures and results) reported in the table above was calculated with adjustments for foreign exchange (as noted on Appendix A) pursuant to the terms of the awards and as approved by the Compensation Committee.

Mr. Garr