https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
The payout was earned based on the Company’s adjusted EPS performance over four equally-weighted
performance periods as noted below.
2020–2022 Cash-Settled Performance Units
Performance Measure: Adjusted EPS
Performance Periods Weighting Target Result Payout %
January 1, 2020 – December 31, 2020 25% $1.83 $1.90 158%
January 1, 2021 – December 31, 2021 25% $1.98 $3.05 200%
January 1, 2022 – December 31, 2022 25% $1.89 $2.93 200%
January 1, 2020 – December 31, 2022 25% $5.70 $7.88 200%
Total Attainment 189%
Adjusted EPS (threshold, target and maximum levels, and results) with respect to the incentives described
above was calculated with adjustments for acquisitions, divestitures and special items pursuant to the
PROXY SUMMARY
10 PROXY STATEMENT 2023 | Annual Meeting of Shareholders
terms of the 2020-2022 long-term incentive program (the “2020-2022 Long-Term Incentive Program”) and
as approved by the Compensation Committee.
Performance Period Weighting
January 1, 2022 through December 31, 2022 25%
January 1, 2023 through December 31, 2023 25%
January 1, 2024 through December 31, 2024 25%
January 1, 2022 through December 31, 2024 25%
The attainment level for the cash-settled performance units will be certified at the end of the total three-
year performance period.
COMPENSATION DISCUSSION AND ANALYSIS
70 PROXY STATEMENT 2023 | Annual Meeting of Shareholders
2020 – 2022 Cash-Settled Performance Units—Performance Measure: Adjusted EPS*
Performance Periods Weighting Threshold Target Maximum Result Payout %
January 1, 2020 –
December 31, 2020
25% $1.76 $1.83 $1.96 $1.90 158%
January 1, 2021 –
December 31, 2021
25% $1.83 $1.98 $2.27 $3.05 200%
January 1, 2022 –
December 31, 2022
25% $1.66 $1.89 $2.36 $2.93 200%
January 1, 2020 –
December 31, 2022
25% $5.25 $5.70 $6.59 $7.88 200%
Total Attainment 189%
* All financial measures (performance measures and results) reported in the table above were calculated with adjustments for acquisitions,
divestitures and special items (as noted on Appendix A) pursuant to the terms of the program and as approved by the Compensation Committee.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
Senior Vice
President and Chief Financial Officer, May 2008 to January 2011.
Senior Vice
President, Commercial Development, May 2006 to January 2010.
The market approach is
used to estimate fair value by applying sales and earnings multiples (derived from comparable publicly-
traded companies with similar investment characteristics of the reporting unit) to the reporting unit’s
operating performance.
https://www.avient.com/investor-center/news/avient-announces-thirteenth-consecutive-annual-dividend-increase
January 5, 2024
In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the
https://www.avient.com/investor-center/news/avient-announces-twelfth-consecutive-annual-increase-quarterly-dividend
January 6, 2023
In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.
You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the