https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Polish.pdf
W przypadku prowadzenia działalności w innych
krajach albo współpracy z osobami z innych krajów
bądź podróży zagranicznych należy skonsultować się z
działem prawnym Avient celem uzyskania wskazówek
dotyczących sposobu postępowania.
23
Spis treści
Społeczna odpowiedzialność
biznesu
24
Spis treści
Zrównoważony rozwój
Pracownicy, klienci i dostawcy nie są jedynymi
interesariuszami Avient.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Italian.pdf
Se
fate affari in altri Paesi o con persone di altri Paesi, o se
fate viaggi internazionali, consultate l’Ufficio Legale di
Avient per assistenza.
23
Indice
Responsabilità sociale
dell’azienda
24
Indice
Sostenibilità
I dipendenti, i clienti e i fornitori non sono gli unici
soggetti interessati di Avient.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Hungary.pdf
Ha más országokkal, más
országban élőkkel folytat üzletet, vagy nemzetközi útra
készül, tanácsért forduljon az Avient jogi osztályához.
23
Tartalomjegyzék
Társadalmi felelősségvállalás
24
Tartalomjegyzék
Fenntarthatóság
Nem csak a munkatársak, a vevők és a szállítók az Avient
kizárólagos érdekelt felei.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Dutch.pdf
Als u zaken
doet in andere landen of met mensen van andere
landen, of als u internationaal reist, raadpleeg dan de
Juridische afdeling van Avient voor richtlijnen.
23
Inhoudsopgave
Sociale verantwoordelijkheid
van het bedrijf
24
Inhoudsopgave
Duurzaamheid
Medewerkers, klanten en leveranciers zijn niet de
enige belanghebbenden in Avient.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Portuguese.pdf
Se você fizer negócios
em outros países ou com pessoas de outros países, ou
viajar internacionalmente, consulte o departamento
jurídico da Avient para obter orientação.
23
Sumário
Responsabilidade social
corporativa
24
Sumário
Sustentabilidade
Colaboradores, clientes e fornecedores não são as
únicas partes interessadas da Avient.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Turkey.pdf
Diğer ülkelerle veya diğer ülkelerden
gelen insanlarla ticaret yapıyorsanız veya uluslararası
seyahatlerde bulunuyorsanız yardım almak için Avient’in
Hukuk departmanına başvurun.
23
İçindekiler
Kurumsal Sosyal Sorumluluk
24
İçindekiler
Sürdürülebilirlik
Çalışanlar, müşteriler ve tedarikçiler Avient’in tek
paydaşları değildir.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
2024 Proxy Statement
PROXY STATEMENT 2024
NOTICE OF 2024 ANNUAL MEETING OF
SHAREHOLDERS AND PROXY STATEMENT
TABLE OF CONTENTS
Letter to Shareholders i
Notice of 2024 Annual Meeting of Shareholders ii
Record Date ii
Voting Matters and Vote Recommendations ii
Proxy Statement 1
Proxy Summary 1
Voting and Meeting Information 1
Attendance and Participation 1
Who is Eligible to Vote 1
Advance Voting Methods 2
Voting During the Annual Meeting 2
Questions 3
Company Operating Performance 3
Our Company Culture 3
The 4Ps of Sustainability at Avient 4
Impact of our Performance on Named Executive Officer 2023 Compensation 8
Our Director Nominees and Committee Membership 10
Summary of Director Nominee Skills, Experience and Background 12
Governance Highlights 14
Proposal 1 - Election of Twelve Director Nominees to Our Board of Directors 16
Proposal 2 - Approval, on an Advisory Basis, of Named Executive Officer
Compensation
23
Proposal 3 - Ratification of the Appointment of Ernst & Young LLP as Our
Independent Registered Public Accounting Firm for the Fiscal Year Ending
December 31, 2024
25
Independent Registered Public Accountant Services and Related Fee Arrangements 25
Report of the Audit Committee 26
Corporate Governance 28
Director Independence 28
Board Leadership Structure 29
Majority Voting for Directors 29
Board Oversight of Risk 29
Board Oversight of ESG and Sustainability Matters 30
Code of Ethics, Code of Conduct, and Corporate Governance Guidelines 31
Related Person Transactions 31
Communication with the Board 32
Board and Committees 32
Board Refreshment and Diversity 37
2023 Non-Employee Director Compensation 38
Non-Employee Director Compensation Highlights 38
Non-Employee Director Retainer and Meeting Fees 38
2023 Non-Employee Director Compensation Table 39
Option Awards Outstanding and Fully Vested Deferred Shares 40
Ownership of Avient Shares 41
Beneficial Ownership of Our Common Shares 41
Stock Ownership Guidelines for Non-Employee Directors 42
Compensation Discussion and Analysis 43
Executive Summary 43
Executive Compensation Philosophy and Objectives 46
What We Pay and Why: Elements of Compensation 48
Other Aspects of our Compensation Programs 54
Executive Compensation 59
2023 Summary Compensation Table 59
2023 Grants of Plan-Based Awards 62
Outstanding Equity Awards at 2023 Fiscal Year-End 64
2023 Option Exercises and Stock Vested 65
2023 Non Qualified Deferred Compensation 65
Potential Payments Upon Termination or Change of Control 66
CEO Pay Ratio Disclosure 71
Pay Versus Performance Disclosure 72
Compensation Committee Interlocks and Insider Participation 75
Risk Assessment of the Compensation Programs 75
Compensation Committee Report 76
Miscellaneous Provisions 77
Internet Availability of Proxy Materials 77
Voting at the Meeting 77
Revoking a Proxy 78
Shareholder Proposals 78
Proxy Solicitation 79
Householding of Proxy Materials 79
Appendix A A-1
In this proxy statement, 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.
We believe you should vote “FOR” our Named Executive Officer compensation program and approve the
following resolution because the compensation actually earned by our Named Executive Officers for our
ADVISORY VOTE
PROXY STATEMENT 2024 | Annual Meeting of Shareholders 23
2023 performance was aligned with our pay-for-performance objectives, our Company’s performance and
shareholder interests:
“RESOLVED, that the compensation paid to Avient’s Named Executive Officers, as disclosed pursuant to
Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables
and related narrative discussion, is hereby APPROVED.”
OWNERSHIP OF AVIENT SHARES
PROXY STATEMENT 2024 | Annual Meeting of Shareholders 41
The following table shows information relating to all persons who, as of February 28, 2024, were known by
us to beneficially own more than five percent of our outstanding common shares based on information
provided in Schedule 13Gs and 13Ds filed with the SEC:
Name and Address
Number of
Common Shares
% of Class(3)
BlackRock, Inc.
50 Hudson Yards
New York, New York 10001(1)
11,172,204 12.2%
The Vanguard Group
100 Vanguard Boulevard
Malvern, Pennsylvania 19355(2)
10,368,900 11.4%
(1) Based on information contained in a Schedule 13G/A filed by BlackRock, Inc. with the SEC on January 23, 2024.
https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
Jeddah, Saudi Arabia
Shenzhen, China (1)
23.
On October 11, 2011 and October 23, 2012, we further announced that our Board of
Directors had increased the common shares repurchase authorization by an additional 5.3 million and 13.2 million, respectively.
incorporated by reference to Exhibit 2.1 to the Company’s Current
Report on Form 8-K filed March 3, 2011, SEC File No. 1-16091)
2.2† Agreement and Plan of Merger, dated October 23, 2012, by and among PolyOne Corporation, 2012 RedHawk, Inc.,
2012 RedHawk, LLC and Spartech Corporation (Incorporated by reference to Exhibit 2.1 to PolyOne Corporation’s
current report on Form 8-K filed on October 24, 2012, SEC File No. 1-16091)
2.3† Asset Purchase Agreement, dated as of March 25, 2013, by and between PolyOne Corporation and Mexichem
Specialty Resins Inc.
https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
2022 Proxy Statement
TABLE OF CONTENTS
Message from our CEO i
Notice of 2022 Annual Meeting of Shareholders ii
Record Date ii
Voting Matters and Vote Recommendations ii
Proxy Statement 1
Proxy Summary 1
Voting and Meeting Information 1
Attendance and Participation 1
Who is Eligible to Vote 1
Advance Voting Methods 2
Voting During the Annual Meeting 2
Questions 3
Company Operating Performance 3
Our Company Culture 4
The 4Ps of Sustainability at Avient 4
Impact of our Performance on Named Executive Officer 2021 Compensation 9
Our Director Nominees and Committee Membership 11
Summary of Director Nominee Skills, Experience and Background 12
Governance Highlights 13
Proposal 1 - Election of Twelve Director Nominees to Our Board of Directors 16
Proposal 2 - Advisory Vote to Approve Named Executive Officer Compensation 23
Proposal 3 - Ratification of the Appointment of Ernst & Young LLP as Our
Independent Registered Public Accounting Firm for the Fiscal Year Ending
December 31, 2022
25
Independent Registered Public Accountant Services and Related Fee Arrangements 25
Report of the Audit Committee 26
Corporate Governance 28
Director Independence 28
Lead Director 29
Board Leadership Structure 29
Majority Voting for Directors 29
Board Oversight of Risk 29
Board Oversight of ESG and Sustainability Matters 30
Code of Ethics, Code of Conduct and Corporate Governance Guidelines 31
Related Person Transactions 31
Communication with Board 32
Board and Committees 32
Board Refreshment and Diversity 36
2021 Non-Employee Director Compensation 38
Non-Employee Director Compensation Highlights 38
Non-Employee Director Retainer and Meeting Fees 38
2021 Non-Employee Director Compensation Table 39
Option Awards Outstanding and Fully Vested Deferred Shares 40
Ownership of Avient Shares 41
Beneficial Ownership of Our Common Shares 41
Stock Ownership Guidelines for Non-Employee Directors 42
Compensation Discussion and Analysis 43
Executive Summary 43
Executive Compensation Philosophy and Objectives 46
What We Pay and Why: Elements of Compensation 49
Other Aspects of our Compensation Programs 55
Executive Compensation 59
2021 Summary Compensation Table 59
2021 Grants of Plan-Based Awards 61
Outstanding Equity Awards at 2021 Fiscal Year-End 63
2021 Option Exercises and Stock Vested 64
2021 Non Qualified Deferred Compensation 64
Potential Payments Upon Termination or Change of Control 65
CEO Pay Ratio Disclosure 70
Compensation Committee Interlock and Insider Participation 70
Risk Assessment of the Compensation Programs 71
Compensation Committee Report 71
Miscellaneous Provisions 72
Voting at the Meeting 72
Revoking a Proxy 72
Shareholder Proposals 73
Proxy Solicitation 73
Appendix A A-1
i
MESSAGE FROM OUR CEO
March 29, 2022
Dear Fellow Shareholder:
We have decided to hold the Annual Meeting virtually because doing so enables greater shareholder
attendance and participation from any location around the world, and reduces the cost and
environmental impact of the Annual Meeting.
Director since: 2011
Age: 60
Current Public Company Directorships:
• Anzu Special Acquisition Corp I
Former Directorships:
• Ashland
• Carpenter
• Valvoline
ADVISORY VOTE
PROXY STATEMENT 2022 | Annual Meeting of Shareholders 23
PROPOSAL 2 — ADVISORY VOTE TO APPROVE NAMED
EXECUTIVE OFFICER COMPENSATION
As required under the Dodd-Frank Wall Street Reform and Consumer Protection Act and Section 14A of
the Securities Exchange Act of 1934 (the “Exchange Act”), our Board is submitting a “Say on Pay” proposal
for shareholder consideration.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Wulfsohn 90,000 110,000 200,000
NON-EMPLOYEE DIRECTOR COMPENSATION
23
Fees Earned or Paid in Cash (column (a))
Non-employee Directors may defer payment of all or a portion of their $90,000 annual cash retainer (payable in
quarterly installments in arrears), as well as meeting and committee chairperson fees into the Deferred Compensation
Plan.
McAlindon(2) 22,109 - 22,109
23 Directors and executive
officers as a group 1,110,196 271,492(4) 1,381,688
(1) Except as otherwise stated in the following notes, beneficial ownership of the shares held by each individual
consists of sole voting power and sole investment power, or of voting power and investment power that is
shared with the spouse or other immediate family member of the individual or with certain trusts.