https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
PEER COMPARISONS 16 2 3 2 3 3 3 6 3 4 4 4 4 5 5 6 6 7 8 9 23 A vi e nt A vi e nt ( E xc l.
D is t. ) R P M K W R P P G F U L G C P F M C IF F H X L H U N F O E E M N E C L S C L K R A A S H C E G R A A LB As a specialty formulator, we don’t require significant capital investment, as compared to the base resin raw material suppliers we purchase from.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Source: Capital IQ market data as of August 24, 2020 Median: 84% Median: 75% HIGH FREE CASH FLOW CONVERSION 3.1x 2.6x 0.5x 1.9x 2.8x 3.1x 4.5x -0.1x 1.8x 1.9x 2.2x 2.3x 2.4x 2.9x 3.0x 3.0x 3.2x 3.4x 3.4x 3.8x 3.9x 4.8x A vi en t ( 20 P F ) A vi en t ( 21 E ) G C P P P G R P M K W R F U L S C L B N R H U N E C L C E F M C A S H H X L E M N G R A A L B IF F U N V R K R A F O E Net Debt / 2021E EBITDA (1) We typically operate at 2.5–3.0x net debt to EBITDA.
https://www.avient.com/sites/default/files/2022-07/ECCOH_ PF 4142 - Gel Filled Central Loose Tube Cable - Application Snapshot.pdf
EUROPEAN CABLE MANUFACTURER G E L - F I L L E D C E N T R A L L O O S E T U B E C A B L E S • Fire performance: CPR classification Cca-s1, d0, a1 • Resistance to chemicals and filling compounds • Rigidity close to PBT • Melting point higher than 100°C • Developed a custom formulation to reach required rigidity • Eliminated hydrolysis experienced with previous PBT material • Provided expertise in process improvement to help the customer achieve a more competitive processing speed ECCOH™ PF 4142 Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-03/avient-march-ir-fermium_0.pdf
Microsoft PowerPoint - Avient March IR - Fermium AVIENT CORPORATION (NYSE: AVNT) M A R C H 1 8 , 2 0 2 1 I R M E E T I N G S H O S T E D B Y F E R M I U M R E S E A R C H DISCLAIMER 2 Forward-Looking Statements In this presentation, 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.
D is t. ) K W R R P M P P G A V Y F U L G C P F M C H X L IF F F O E H U N E C L K R A E M N A S H C E S C L G R A A LB Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of March 12, 2021 Avient reflects 2021 estimated revenue of $4,100M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
With the Clariant Masterbatch acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 26 Avient reflects 2021 estimated EBITDA of $510M OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 11.3 18.6 14.3 13.6 13.3 12.2 10.7 28.8 26.3 23.3 14.6 12.4 11.7 11.6 11.2 11.0 10.6 10.3 9.6 9.1 8.5 7.2 A vi en t K W R A V Y R P M P P G G C P F U L H X L A L B E C L IF F F M C A S H F O E B N R C E G R A E M N S C L U N V R K R A H U N Median: 11.2xMedian: 13.5x SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
D is t. ) R P M K W R P P G F U L A V Y G C P F M C IF F H X L H U N F O E E M N E C L S C L K R A A S H C E G R A A L B Median: 5%Median: 3% Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Source: Bloomberg market data as of November 9, 2020 Median: 82% Median: 73% HIGH FREE CASH FLOW CONVERSION 83 86 85 85 80 78 58 88 83 81 79 77 76 73 73 72 72 67 64 63 60 6 A v ie n t K W R R P M P P G F U L A V Y G C P F M C IF F U N V R B N R E M N E C L C E H X L F O E A S H G R A H U N K R A S C L A L B Net Debt / 2021E EBITDA (1) We typically operate at 2.5–3.0x net debt to EBITDA.
Using consensus EBITDA of $466M per Bloomberg Source: Bloomberg market data as of November 9, 2020 OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 9.7 18.1 14.0 14.0 13.6 11.7 10.2 23.8 18.7 17.7 13.7 12.2 11.4 11.4 11.4 11.0 10.4 9.5 9.2 8.4 8.3 7.6 A v ie n t K W R R P M P P G A V Y G C P F U L E C L A L B H X L IF F F M C C E F O E A S H B N R G R A S C L E M N U N V R H U N K R A Median: 11.4xMedian: 13.8x SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2021-05/lubrione-ear-protection-case-study-one-pager.pdf
E A R D E F E N D E R B R A C K E T • Minimize shrinkage • Good mechanical resistance • Good wear resistance • Collaborated with Avient Design to provide detailed material analysis and recommendations within one month of initial customer enquiry • Demonstrated material performance and compatibility with customer’s existing manufacturing process using mold flow analysis • Provided an internally lubricated material allowing customer to streamline manufacturing process LubriOne™ Internally Lubricated Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
Microsoft PowerPoint - AVNT Mar 2022 Presentation AVIENT CORPORATION I N V E S T O R M E E T I N G S (NYSE: AVNT) M A R C H 2 0 2 2 DISCLAIMER 2 Forward-Looking Statements In this presentation, 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.
Whether an additional line at an existing manufacturing plant, or a new facility in a growing region, we ramp-up quickly and cost-efficiently. 30 Capex / Revenue 2022E (%) AVIENT IS ASSET LIGHT Avient Specialty Formulators Other Chemical/Specialty Companies 2 3 2 2 3 3 4 3 3 5 5 5 7 7 7 A vi e nt A vi e nt ( E xc l.
D is t. ) K W R P P G F U L R P M A V Y F M C H U N H X L S C L E C L E M N C E A S H Source: Peer data per Bloomberg market data as of February 15, 2022.
https://www.avient.com/knowledge-base/article/injection-molding-mold-processing
Certain specialty products, such as some Versaflex™, Versollan™, and Versollan™ grades, are hygroscopic, thus they need to be dried prior to molding.
https://www.avient.com/sites/default/files/2020-07/onflex-lo-hvac-flap-spanish.pdf
OnFlex LO - HVAC Flap - Spanish PROVEEDOR TIER 2 R E J I L L A P A R A S I S T E M A S D E V E N T I L A C I Ó N Y C A L E F A C C I Ó N • Eliminar el post-calentamiento de las piezas a fin de lograr el nivel de olor necesario (≤3.0 VDA 270) • Tener la menor emisión de compuestos orgánicos volátiles (VOC/FOG) (VDA 278), con el mismo compresión set del material anterior • Menos pasos de procesamiento y menores costos de energía para el moldeador • Se lograron los niveles VOC/FOG requeridos y se cumplió el desempeño con el estándar de compresión set OnFlex™ LO REQUERIMIENTOS CLAVE ¿POR QUÉ AVIENT?
https://www.avient.com/sites/default/files/2025-04/OnForce - electronic card reader case study snapshot.pdf
AUTOMOTIVE MOLDER TIER 1 E L E C T R O N I C C A R D R E A D E R P A R T F O R M U L T I M E D I A H U B • Aluminum replacement • Good mechanical properties • PP with 40% Long Glass Fiber • Meet the strict automotive OEM specification • Designed a material solution to obtain all critical mechanical criteria and supply the OEM in a short timeframe • Delivered tailored strategy while offering global reach OnForce Long Fiber Reinforced Thermoplastic Formulations KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2025-03/Complet LFT Automotive Steering Column Bracket.pdf
TIER 1 SUPPLIER S T E E R I N G C O L U M N B R A C K E T & L E V E R • Automotive OEM lightweighting initiative • Trial alternative materials to replace aluminum support bracket and overmolded steel adjustment lever • Up to 5,200 Newton load requirements with minimal deflection allowance • High stiffness & strength to function similar to metal • Achieved 50% weight reduction with metal to composite conversion • Provided structural design & fiber orientation consultations along with CAE analysis to predict performance met requirements • Shortened manufacturing lead time by supplying injection molded material solution Complēt Long Carbon Fiber Nylon Composite KEY REQUIREMENTS WHY AVIENT?