https://www.avient.com/sites/default/files/2021-04/avnt-fourth-quarter-2020-news-release.pdf
Examples include: • Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials that require less plastic • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation • Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include the impact the COVID-19 pandemic has on our business, results from operations, financial condition and liquidity; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant’s Masterbatch business, including any expected synergies; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to continue to pay cash dividends including at the increased rate; an inability to raise or sustain prices for products or services; an ability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to acquisitions and integration, working capital reductions, costs reductions and employee productivity goals; information systems failures and cyberattacks; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
Examples include: • Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials that require less plastic • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation • Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant's Masterbatch business, including any expected synergies; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve the anticipated financial benefit from initiatives related to acquisition and integration working capital reductions, cost reductions and employee productivity goals; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; our ability to consummate and successfully integrate acquisitions; and amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions.
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: • Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; • The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; • Changes in laws and regulations regarding plastics in jurisdictions where we conduct business; • Fluctuations in raw material prices, quality and supply, and in energy prices and supply; • Production outages or material costs associated with scheduled or unscheduled maintenance programs; • Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; • Our ability to achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM); • An inability to raise or sustain prices for products or services; • Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; • Information systems failures and cyberattacks; • Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and • Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions Use of Non-GAAP Measures This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
Examples include: • Dyneema®, the world's strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility Avient is a certified ACC Responsible Care® and a founding member of the Alliance to End Plastic Waste.
National Defense budget of $842 billion submitted to Congress in Q1 2023 • European NATO members annual defense spend expected to increase by up to 20% Where Avient Wins: Dyneema® is the world’s strongest fiber™ One of the highest strength to weight ratios of any material on Earth Direct relationships with industry leading armor manufacturers Resistant to most chemicals, UV, and moisture to handle any environment Avient Confidential 17 DEFENSE Source: US Department of Defense, defense.gov, NATO17 Source: TRANSPORTATION • Increased EPA regulations requiring improved fuel efficiency, enabled in part by lower-weight vehicles • Automakers preparing for 2/3 of U.S. vehicles to be 100% electric by 2032 Where Avient Wins: Lightweight panels that establish both strength and stiffness resulting in decreased energy usage, lower emissions Long-lasting Color applications to resist UV exposure, temperature fluctuations and exceed the stylistic requirements of global automakers 18 $130 $530 Q2 FY $0.60 $2.40 Q2 FY 2023 GUIDANCE 19 Sales Adjusted EBITDA $845 $3,400 Q2 FY Adjusted EPS (in millions) (in millions) CASH FLOW / LEVERAGE 20 • Maintaining free cash flow and leverage guidance from February earnings call • IT investment to further integrate acquired businesses and capture operational efficiencies • Restructuring actions to streamline operations and improve profitability, primarily in Europe ($ millions) 2023E Cash Flow from Operating Activities 350$ Less: Run-Rate CapEx (110) CapEx for IT System Upgrade (25) CapEx for Restructuring (15) Total CapEx (150) Free Cash Flow 200$ Adjusted EBITDA 530$ Net Debt / Adjusted EBITDA 2.9x LONG-TERM REVENUE GROWTH DRIVERS Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Healthcare 8–10% Composites 10% Asia / LATAM 5% Other (GDP growth) 2–3% Avient 6.5% 21 Sustainable Solutions 32% Asia / LATAM 15% Composites 8% Healthcare 6% Other (GDP Growth) 39% • Virtual presentation to be held September 20, 2023 • The company will be conducting an investor-focused presentation around our sustainability solutions portfolio Avient Confidential 22 SUSTAINABILITY INVESTOR DAY 22 $340M $405M $455M $550M $790M $915M 2016 2017 2018 2019 2020PF** 2021 2022PF*** SUSTAINABILITY FOR A BETTER TOMORROW Revenue From Sustainable Solutions* 2016-2022 ($ in millions) Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12% 23 *Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”) **2020 is Pro Forma to include full year of the Clariant Color business ***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution $1,175M Lightweighting Eco-Conscious Recycle Solutions VOC Reduction Sustainable Infrastructure Human Health & Safety Reduced Energy Use Bio-polymers SUSTAINABILITY NEEDS BY MARKET B&C • Eco-Conscious • Carbon footprint • Resource conservation Healthcare • Carbon footprint • Bio based content • Eco-Conscious Automotive • Light weighting • Recycled Content • VOC reduction Consumer • Recycle Solutions • Light weighting • Carbon Footprint Packaging • Recycle Solutions • Light weighting • Food waste reduction Common Theme: CO2 Emission Goals Increasing Single-Use Plastic Regulation 24 INVESTING IN INNOVATION S U S T A I N A B I L I T Y P O R T F O L I O 25 AP P EN D IX 28 RAW MATERIAL 2022 ANNUAL PURCHASES Performance Additives 16% Pigments 12% TiO2 10% Dyestuffs 2% Polyethylene 11% Nylon 6% Polypropylene 5% Styrenic Block Copolymer 5% Other Raw Materials 33% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials • Cost inflation decelerating, particularly for hydrocarbon-based raw materials 2022 pro forma results for the acquisition of Avient Protective Materials SEGMENT DATA U.S. & Canada 40% EMEA 37% Asia 18% Latin America 5% 2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 20% Packaging 24% Industrial 15% Building and Construction 10% Telecommunications 4% Energy 4% Defense 6% END MARKET REVENUE $2,355M $402M $1,300M $272M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $592M$3,653M (1) Transportation 9% Healthcare 8% 30 (1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs C O L O R , A D D I T I V E S & I N K S 2022 REVENUE | $2 .4 B ILL ION US & Canada 34% EMEA 38% Asia 20% Latin America 8% END MARKET REGION 31 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 8% Building & Construction 11% Telecommunications 1% Energy 2% S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 2022 PRO FORMA REVENUE | $1 .3 B ILL ION END MARKET US & Canada 52% EMEA 35% Asia 13% REGION 32 Packaging 5% Consumer 19% Healthcare 8%Industrial 16% Transportation 10% Telecommunications 10% Energy 9% Defense 15% Building & Construction 8% Packaging 32% Consumer 27% Healthcare 8% Industrial 14% Building & Construction 5% Telecommunications 3% Energy 1% Defense 1% Asia (18% of sales) Transportation 9% 2022 PROFORMA AVIENT REGIONAL SALES BY END MARKET Packaging 27% Consumer 14% Healthcare 5% Industrial 17% Building & Construction 10% Energy 5% Defense 8% EMEA (37% of sales)Transportation 11% Packaging 13% Consumer 24% Healthcare 12% Industrial 15% Building & Construction 13% Energy 5% Defense 5% US & Canada (40% of sales) Transportation 7% Packaging 56% Consumer 23% Healthcare 4% Industrial 7% Building & Construction 4% Telecommunications 1% LATAM (5% of sales) Transportation 5% Telecommunications 3% Telecommunications 6% 33 PEER COMPARISONS AVIENT IS ASSET LIGHT Capex / Revenue 2023E (%) Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of April 28, 2023 Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M. 35 3 2 3 3 4 4 3 3 5 5 5 6 7 9 A vi en 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 C E E C L A S H E M N S C L FREE CASH FLOW CONVERSION Source: Peer data per Bloomberg as of April 28, 2023 Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2021-04/existencia-y-represnentacion-avient-colombia-sas.pdf
CONSTITUCIÓN Por Documento Privado del 1 de septiembre de 2015 de Asamblea de Accionistas, inscrito en esta Cámara de Comercio el 10 de septiembre de 2015, con el No. 02018284 del Libro IX, se constituyó la sociedad de naturaleza Comercial denominada CLARIANT PLASTICS & COATINGS (COLOMBIA) SAS.
REFORMAS ESPECIALES Por Acta No. 17 del 9 de abril de 2021 de Accionista Único, inscrito en esta Cámara de Comercio el 12 de abril de 2021, con el No. 02683838 del Libro IX, la sociedad cambió su denominación o razón social de CLARIANT PLASTICS & COATINGS (COLOMBIA) SAS a AVIENT COLOMBIA S.A.S.
La verificación se puede realizar de manera ilimitada, durante 60 días calendario contados a partir de la fecha de su expedición. -------------------------------------------------------------------------------------------------- Por Documento Privado del 29 de diciembre de 2015 de Representante Legal, inscrito el 6 de enero de 2016 bajo el número 02051006 del libro IX, comunicó la sociedad matríz: - CLARIANT PLASTICS & COATINGS AG Domicilio: (Fuera Del País) Presupuesto: Numeral 1 Artículo 261 del Código de Comercio Que se ha configurado una situación de control con la sociedad de la referencia.
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
Examples include: • Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials; an inability to raise or sustain prices for products or services; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
Novel TPE materials that can overmold onto various engineering plastics also were reported elsewhere (2-4).
Figure 1 Surface energy of various thermoplastic elastomers with rigid thermoplastics Figure 2 Schematic diagram of the peel test Engineering Plastics Polyamide 6,6 ABS Polycarbonate Acrylic Polystyrene Polypropylene Polyethylene Elastomers COPA TPU COPE S-TPE TPV mPE Surface Energy (mN/m) 46 43 40 37 34 31 28 5 Table 1.
https://www.avient.com/sites/default/files/2024-09/Colorant Chromatics Brochure_2024.pdf
A COMPLETE PRODUCT PORTFOLIO A full range of Colorant Chromatics technologies includes: • Color and/or additive concentrates • Specialty compounds including conductive, carbon fiber, CNT, filled, glass, carbon, minerals • Additive concentrates including specialty compounds such as UV, acid scavengers, lubricants/mold release, and foaming agents • � Pigment dispersions • �� Inks and additives for processors of high- performance plastics and fluoropolymers HIGH- TEMPERATURE SOLUTIONS/ INJECTION MOLDING Minimum order quantities for color concentrates and compounds for high-performance polymers are as low as 10 lbs. (5kg), enabling you to manage inventory better and order only what you need.
This formulation is created for high-pressure injection molding and is integrated directly into plastic materials.
https://www.avient.com/sites/default/files/2021-09/cai-biopolymers-brochure-2021.pdf
Recent publications from the European Union recognize that design for composting can be beneficial for applications such as bio-waste bags, teabags, plastic carrier, shopping or vegetable bags and coffee capsules to name a few.
https://www.avient.com/sites/default/files/2020-09/versaflex-pf-technical-bulletin-sept-2020-es-la.pdf
VERSAFLEX™ PF Capa de adherencia Versaflex™ PF para películas de protección de superficies BOLETÍN TÉCNICO Propiedades Versaflex PF MD6727 Versaflex PF MD6741 Versaflex PF MD6649 Versaflex PF 9512 Versaflex PF MD6666 Versaflex PF MD6748 Versaflex PF MD6700 Características Baja adherencia Baja adherencia; se utiliza para ajustar el revestimiento con MD6700 Baja-media adherencia Oferta de valor Adherencia media Bajo contenido de gel/residuos Construcción de baja adherencia Alta adherencia Resistencia al desprendimiento Baja Baja-media Media Media-Alta Media-Alta Alta Alta Aplicaciones Películas ópticas Electrodomésticos Plásticos Construcción / Metales sin recubrimiento Metales acabados Acero/Metales pintados Metales sin recubrimiento MFR a 190 °C/2,16 kg -- 4,5 17 5,4 21 4,8 6,5 MFRa@ 230 °C/2,16 kg 10 20 -- -- -- -- -- Gravedad específica, g/cc 0,92 0,91 0,92 0,92 0,94 0,94 0,94 Dureza, Límite A 50 49 37 38 37 31 30 G' a 23 °C, Pa 28,0 x 105 10,4 x 106 8,3 x 105 -- 9,9 x 105 11,8 x 105 10,0 x 105 Tg DMA, °C -29 -30 -9 10 11 15 21 Película LDPE/Versaflex PF1 Desprendimiento de 180°, N/25 mm Acero inoxidable después de 20 minutos a 25 °C 0,5 2,2 3,2 6,1 6,7 8,5 8,6 después de 7 días a 25 °C 0,6 2,7 4,3 5,5 8,2 8,3 10,3 PMMA2 después de 20 minutos a 25 °C 1,1 1,7 3,8 4,9 6,9 8,3 8,8 después de 20 minutos a 75 °C 2,8 4,1 5,1 6,9 9,0 10,7 11,8 después de 7 días a 75 °C 4,0 4,4 5,9 9,8 8,4 9,8 10,3 Policarbonato3 después de 20 minutos a 25 °C 1,4 2,2 3,8 6,8 6,3 8,4 7,0 después de 20 minutos a 75 °C 3,4 4,8 6,7 8,8 8,8 10,0 11,8 después de 7 días a 75 °C 4,6 6,5 7,5 10,6 11,6 10,6 13,8 1 Grosor de la película: LDPE de 51 micras/Versaflex PF de 25 micras. 2 Arkema Plexiglas™ V052-100 (Plexiglas es una marca comercial de Arkema France Corp). 3 Sabic Lexan™ L52-111 (Lexan es una marca comercial de Sabic Innovative Plastics).
https://www.avient.com/sites/default/files/2024-09/Complet OnForce LFT Overview _ Brand Brochure.pdf
OVERCOME MATERIAL CHALLENGES Deploy long fiber reinforced composites to meet these needs: • Metal replacement for weight reduction • Failure of lower performing plastics • Structural load carrying requirements • Increased impact or fatigue durability • Wide temperature range performance • Thermoplastic design freedom • Manufacturing process cost savings 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.