https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
& Canada EMEA Asia Latin America 64% 36% Specialty Engineered Materials Color Additives and Inks 40% 37% 18% 5% 6% 8% 24% 20% 10% 15% 9% 4% 4% Defense Healthcare Packaging Consumer Building & Construction Industrial Transportation Energy Telecom 4 CREATING A WORLD-CLASS SUSTAINABLE ORGANIZATION 1. 6.5% annualized long term sales growth leveraging sustainable solutions, composites, healthcare and emerging regions 2.
FX -11% FX -3% Total Avient -14% YoY Comparison against 2022 pro forma results • Aging infrastructure driving need for greater technological advancements and upgrades • Increased focus on strength and capacity of electrical grid plays into further adoption of composites into the market Where Avient Wins: UV, weather-resistance, customized capabilities Best-in-class customer responsiveness Local high-quality manufacturing, unparalleled breadth of portfolio Expanding position in insulators, utility poles, crossarms, and wind energy Avient Confidential 16 ENERGY 16 • Fiber-optic investments from AT&T, Corning, Commscope continue to drive industry toward innovation • $42B BEAD program in Infrastructure Bill to increase cable deployments; well-positioned to capitalize on “Made in America” requirement and “last mile” buildout Where Avient Wins: Flame retardance, weather-resistance enables faster, safer, more reliable connections Local manufacturing, unparalleled breadth of portfolio Expanding position in insulation for wire jacketing, 5G buildout TELECOMMUNICATIONS Source: U.S.
Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 20.8 $ 0.23 $ 64.4 $ 0.70 Special items, after tax 22.3 0.24 6.4 0.07 Amortization expense, after-tax 15.1 0.16 $ 10.8 $ 0.12 Adjusted net income / EPS $ 58.2 $ 0.63 $ 81.6 $ 0.89 Three Months Ended March 31, Reconciliation of Pro Forma Sales 2023 2022 Sales $ 845.7 $ 892.2 APM pro forma adjustments — 94.9 Pro forma sales $ 845.7 $ 987.1 1 Three Months Ended March 31, Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022 Net income from continuing operations – GAAP $ 21.3 $ 64.7 Income tax expense 7.7 20.0 Interest expense, net 28.8 16.9 Depreciation and amortization 50.5 37.6 EBITDA from continuing operations $ 108.3 $ 139.2 Special items, before tax 27.3 6.7 Depreciation and amortization included in special items (1.8) (2.1) Adjusted EBITDA $ 133.8 $ 143.8 Pro forma APM adjustments — 32.0 Pro forma adjusted EBITDA $ 133.8 $ 175.8 Pro forma adjusted EBITDA as a % of sales 15.8 % 17.8 % Three Months Ended March 31, 2023 2022 Sales: Color, Additives and Inks $ 537.0 $ 649.5 Specialty Engineered Materials 309.7 243.1 Corporate (1.0) (0.4) Sales $ 845.7 $ 892.2 Operating income: Color, Additives and Inks $ 65.6 $ 94.5 Specialty Engineered Materials 43.1 38.3 Corporate (51.6) (30.6) Operating income $ 57.1 $ 102.2 Depreciation & amortization: Color, Additives and Inks $ 25.8 $ 26.0 Specialty Engineered Materials 21.2 7.8 Corporate 3.5 3.8 Depreciation & Amortization $ 50.5 $ 37.6 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 91.4 $ 120.5 Specialty Engineered Materials 64.3 46.1 Corporate (48.1) (26.8) Other income (expense), net 0.7 (0.6) EBITDA $ 108.3 $ 139.2 2 AVNT June IR Conferences w Non GAAP Recs.pdf AVNT Q1 2023 Earnings Presentation.pdf AVNT Q1 2023 Earnings Presentation 5.2 221pm IR Deck - AVNT-2023.03.31 (002).pdf
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates/colorant-chromatics-transcend-biocompatible-peek-pre-colored-compounds
Helps ensure color stability during processing, available in pre-colored formulations and color concentrates
PEEK Colorants: Colorant Chromatics™
PEI Colorants: Colorant Chromatics™
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/remafin-concentrates-polyolefins
Achieves extremely high color loadings
Polymer Colorants
Color and Additive Concentrates
https://www.avient.com/products/printing-and-marking-inks/colorant-chromatics-inks
FEP Colorants
Colorant Chromatics™: PFA/MFA Colorants
PEEK Colorants: Colorant Chromatics™
https://www.avient.com/news/click-here-new-cosmetics-microsite-featuring-gsdi-colorsperse-silicone-colorants-focuses-innovative-formulators
Featuring a fresh look at color and additive dispersions for silicone as well as the latest cosmetics ingredients and global color trends, it provides formulators with valuable online color resources.
The site also provides information about Colorsperse colorants’ regulatory compliance for foundations, beauty balm / color correcting creams, and lip glosses.
Caption: PolyOne has launched a website focused on color solutions and services for cosmetics formulators.
https://www.avient.com/sites/default/files/2020-10/auto-injector-application-study.pdf
Requirements: Excellent clarity, scratch resistance and exceptional toughness Solution: Avient Distribution HC Portfolio: Acrylic, copolyester, PC, clarified PP Visual Identification Use colors and additives to differentiate and identify your brand, product or batch.
Requirements: Skin contact colorant certified for ISO 10993 biocompatibility Solution: OnColor™ HC Plus, MEVOPUR® 5.
Requirements: Strength and stiffness Solution: Nymax™ / Bergamid™ fiber reinforced materials 11.
https://www.avient.com/sites/default/files/2020-12/adventure-sports-brochure.pdf
Ever wonder how a vibrantly-colored snowboard retains its bold appearance in the face of ongoing exposure to the elements?
Add resilience and lasting beauty to your products with various polymer additives and color formulations from Avient.
The typical enthusiast is willing to invest extra money into customizing their kayaks with vibrant colors and added accessories.
https://www.avient.com/products/polymer-colorants/fluoropolymer-color-concentrates/colorant-chromatics-dispersed-pigments-ptfe
PEEK Colorants: Colorant Chromatics™
Fluoropolymer Colorants: Colorant Chromatics™
PES/PSU/PPSU Colorants: Colorant Chromatics™
https://www.avient.com/knowledge-base/case-study/color-simulation-tool-alleviates-recycling-challenges?rtype[]=1124
Avient Color Prediction Service
Calculate color corrections to meet a target color
Define PCR color specification limits and find PCR grades to achieve a target color
https://www.avient.com/knowledge-base/case-study/color-simulation-tool-alleviates-recycling-challenges
Avient Color Prediction Service
Calculate color corrections to meet a target color
Define PCR color specification limits and find PCR grades to achieve a target color