https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_France.pdf
Si vous exercez
votre activité dans d’autres pays ou avec des personnes
d’autres pays, ou si vous vous rendez dans d’autres
pays, consultez le département juridique d’Avient pour
obtenir des conseils.
23
Table des matières
Responsabilité sociale
d’entreprise
24
Table des matières
Durabilite
Les collaborateurs, clients et fournisseurs ne sont pas les
seuls partenaires d’Avient.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Canada.pdf
Si vous faites des affaires dans d’autres pays ou
avec des personnes d’autres pays, ou si vous voyagez à
l’étranger, communiquez avec le service juridique d’Avient
pour obtenir des conseils.
23
Table des matières
Responsabilité sociale
d’entreprise
24
Table des matières
Développement durable
Les associés, les clients et les fournisseurs ne sont pas
les seules parties intéressées d’Avient.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Vietnam.pdf
Nếu bạn kinh doanh ở các quốc gia khác hoặc
với những người từ các quốc gia khác hoặc bạn đi công
tác quốc tế, hãy tham khảo ý kiến của bộ phận Pháp chế
của Avient để được hướng dẫn.
23
Mục lục
Trách nhiệm Xã hội của
Doanh nghiệp
24
Mục lục
SỰ BỀN VỮNG
Nhân viên, khách hàng và nhà cung cấp không phải là
các bên liên quan duy nhất ở Avient.
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
2.5.1.3) Value chain stage
Select all that apply
☑ Direct operations
(2.5.1.4) Actions and procedures to minimize adverse impacts
Select all that apply
☑ No formal procedure(s) in place
(2.5.1.5) Please explain
Sites are required to adhere to Avient's Spill Prevention and Water Protection standard, which outlines commitment, responsibilities, and approaches to minimize
water pollutants that can cause harm to the environment or human health
[Add row]
23
C3.
Row 23
(7.26.1) Requesting member
Select from:
(7.26.2) Scope of emissions
Select from:
☑ Scope 2: location-based
(7.26.4) Allocation level
Select from:
☑ Company wide
230
(7.26.6) Allocation method
Select from:
☑ Allocation based on the volume of products purchased
(7.26.7) Unit for market value or quantity of goods/services supplied
Select from:
☑ Metric tons
(7.26.8) Market value or quantity of goods/services supplied to the requesting member
516
(7.26.9) Emissions in metric tonnes of CO2e
215.47
(7.26.10) Uncertainty (±%)
10
(7.26.11) Major sources of emissions
NA
(7.26.12) Allocation verified by a third party?
Row 23
(9.3.1.1) Facility reference number
Select from:
☑ Facility 53
(9.3.1.3) Value chain stage
Select from:
☑ Direct operations
(9.3.1.4) Dependencies, impacts, risks, and/or opportunities identified at this facility
Select all that apply
☑ Risks
(9.3.1.5) Withdrawals or discharges in the reporting year
Select from:
☑ Yes, withdrawals and discharges
(9.3.1.7) Country/Area & River basin
Turkey
☑ Other, please specify :Kocaeli
(9.3.1.8) Latitude
0
(9.3.1.9) Longitude
470
0
(9.3.1.10) Located in area with water stress
Select from:
☑ No
(9.3.1.13) Total water withdrawals at this facility (megaliters)
0
(9.3.1.14) Comparison of total withdrawals with previous reporting year
Select from:
☑ About the same
(9.3.1.15) Withdrawals from fresh surface water, including rainwater, water from wetlands, rivers and lakes
0
(9.3.1.16) Withdrawals from brackish surface water/seawater
0
(9.3.1.17) Withdrawals from groundwater - renewable
0
(9.3.1.18) Withdrawals from groundwater - non-renewable
0
(9.3.1.19) Withdrawals from produced/entrained water
0
471
(9.3.1.20) Withdrawals from third party sources
0
(9.3.1.21) Total water discharges at this facility (megaliters)
0
(9.3.1.22) Comparison of total discharges with previous reporting year
Select from:
☑ About the same
(9.3.1.23) Discharges to fresh surface water
0
(9.3.1.24) Discharges to brackish surface water/seawater
0
(9.3.1.25) Discharges to groundwater
0
(9.3.1.26) Discharges to third party destinations
0
(9.3.1.27) Total water consumption at this facility (megaliters)
0
(9.3.1.28) Comparison of total consumption with previous reporting year
Select from:
472
☑ About the same
(9.3.1.29) Please explain
Avient does not externally disclose water information at the site level.
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
Gebze, Turkey
Shanghai, China (b) 23.
Rebate
programs offered are typically credited to customers for achieving defined volume levels.
23 AVIENT CORPORATION
Environmental Liabilities
We are a party to a Consent Decree related to remedial actions at the former Goodrich Corporation Calvert City site
and will incur environmental remediation costs related to this matter.
Exhibit Description
2.1† Share Purchase Agreement, dated December 19, 2019, by and between PolyOne Corporation and Clariant AG
(incorporated by reference to Exhibit 2.3 to the Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2019, SEC File No. 1-16091).
2.2† Signing Protocol between Avient Corporation and Koninklijke DSM N.V., dated April 19, 2022 (including the final form
of Sale and Purchase Agreement between Avient Corporation and Koninklijke DSM N.V. as Annex A) (incorporated by
reference to Exhibit 2.1 to the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31,
2022, SEC File No. 1-16091)
2.3† Sale and Purchase Agreement of the DSM Protective Materials Business, by and among Koninklijke DSM N.V., Avient
Corporation and, solely for the purposes of Clause 2.1 and Clause 2.2, Fiber-Line International B.V., dated June 23,
2022 (incorporated by reference to Exhibit 2.1 to the Company's Current Report on Form 8-K filed on June 24, 2022,
SEC File No. 1-16091)
2.4† Asset Purchase Agreement, dated August 11, 2022, by and between Avient Corporation and Hilo Group Buyer, LLC
(incorporated by reference to Exhibit 2.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended
September 30, 2022).
3.1 Amended and Restated Articles of Incorporation of Avient Corporation (as amended through June 30, 2020)
(incorporated by reference to Exhibit 3.1 to the Company’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2020, SEC File No. 1-16091)
3.2 Amended and Restated Code of Regulations, effective June 30, 2020 (incorporated by reference to Exhibit 3.2 to the
Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, SEC File No. 1-16091)
4.1 Indenture, dated May 13, 2020, between PolyOne Corporation and U.S.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.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/2023-07/Avient_CodeConduct_2023_Hindi.pdf
23
विषय-सूची
कॉरप्ोर टे सामाजि क जि मम् देार ी
24
विषय-सूची
सततता
Avient में सहयोगी, ग्राहक और आपूर्तिकर्ता एकमात्र
हितधारक नहीं हैं।
https://www.avient.com/sites/default/files/2022-08/Avient CDP_Climate_Change_Questionnaire_2022.pdf
Avient CDP Climate Change Questionnaire 2022 Friday, July 29, 2022
23
Have climate-related
risks and
opportunities
influenced your
strategy in this area?
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
Common Shares delivered under an award in the nature of a
purchase right granted under the 2017 Plan will be purchased forff such consideration, paid for at such time, by such
methods, and in such forff ms, including, without limitation, cash, Common Shares, other awards, notes or other
property, as the Committee determines.
23
EQUITY PLAN
In addition, the Committee may grant cash awards, as an element of or supplement to any other awards granted under
the 2017 Plan.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
Director since: 2011
Age: 61
Current Public Company Directorships:
• Modine Manufacturing Company
Former Directorships:
• Anzu Special Acquisition Corp I
• Ashland
• Carpenter Technology
• Valvoline
ELECTION OF BOARD OF DIRECTORS
PROXY STATEMENT 2023 | Annual Meeting of Shareholders 23
PROPOSAL 2 — APPROVAL, ON AN ADVISORY BASIS, OF
NAMED EXECUTIVE OFFICER COMPENSATION
As required under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank
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.