Company: AVNT
Filing Date: 2025-03-27
Form Type: DEF 14A
Source: 0001122976-25-000019
Chunk: 11

Company: AVIENT CORP
Filing Date: 2025-03-27
Form: DEF 14A
Chunk 11
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:

Director Independence

• Eleven out of our twelve Director nominees are independent.

• The independent Directors regularly hold executive sessions without management at Board and committee meetings. Mr. Fearon, our Non-Executive Chairman of the Board, presides at executive sessions of the Board.

Independent Oversight

• The Company's current Board leadership structure provides for a Non-Executive Chairman of the Board who is selected by the Board. Richard H. Fearon has served as Non-Executive Chairman of the Board since 2024 and previously served as independent Lead Director from 2015 to 2023.

• Among other responsibilities, the Non-Executive Chairman of the Board:

◦ Chairs executive sessions of the non-employee Directors and provides feedback and perspective to the CEO regarding discussions at these sessions;

◦ Reviews information as appropriate prior to it being sent to the Board;

◦ Approves meeting agendas for the Board;

◦ Approves meeting schedules to assure that there is sufficient time for discussion of all agenda items;

◦ Serves as a liaison and facilitates communications between the CEO and other members of the Board;

◦ Advises the CEO as to the quality, quantity and timeliness of the flow of information from management to the Board and regarding the effectiveness of Board meetings;

◦ Interviews all Board candidates and provides the Governance and Corporate Responsibility Committee with recommendations on each candidate;

◦ Maintains close contact with the Chair of each standing committee and assists in ensuring communications between each committee and the Board;

◦ Considers the retention of advisers and consultants who report directly to the Board;

◦ Chairs Board meetings;

◦ Has the authority to call meetings of the independent Directors;

◦ If requested by major shareholders, ensures that he or she is available for consultation and direct communication; and

◦ Performs various other duties as may from time to time be determined by the Board.

<div align='center'>PROXY STATEMENT 2025 | Annual Meeting of Shareholders 8</div>

#### OUR PURPOSE AND STRATEGIC FRAMEWORK
Full Board and Committee Oversight of Risk Management

• The full Board oversees a Company-wide approach to risk management that is designed to support the achievement of the Company's strategic objectives and improve long-term organizational performance. The Board assesses and analyzes the most likely areas of current and future risk for the Company on an on-going basis.

• The Board administers its risk oversight function directly and through its committees. The Board has delegated specific risk oversight responsibility to the committees of the Board as follows:

◦ The Audit Committee oversees