https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
We are better together through:
Keeping Safety First — PolyOne and Clariant are both ACC Responsible Care® companies,
and nothing is more important than the health, safety and well-being of our people.
We are Avient.
4
BETTER TOGETHER: POLYONE AND
CLARIANT MASTERBATCH
Key Data
2020 PF Sales
$3.7 billion
2020 PF EBITDA
$440 million ($515M w/synergies)
2020E Free Cash Flow $270 million
(1) Estimated Pro forma for the acquisition of the Clariant Masterbatch business
87% of EBITDA from specialty applications
U.S. & Canada
49%
25%
17%
Latin America
SEGMENT, END MARKET AND GEOGRAPHY
5
GEOGRAPHY REVENUESEGMENT FINANCIALS
21%Industrial
Building &
Electrical &
END MARKET REVENUE
All data reflects 2020 estimate and Pro forma for acquisition of the Clariant Masterbatch business
We estimate in excess of $50 million dollars of new application sales by 2025, exclusively generated from the joining of our portfolios and technology teams.
https://www.avient.com/sites/default/files/2023-03/AvientRY 2021 CDP Verification Opinion Declaration_07-26-22r%5B96%5D.pdf
Data and information supporting the Scope 3 GHG emissions assertion were in many cases estimated rather
than historical in nature.
Page 3
WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE
Apex Companies, LLC • (800) 733-2739 • www.apexcos.com
Statement of independence, impartiality and competence
Apex is an independent professional services company that specializes in Health, Safety, Social and Environmental
management services including assurance with over 30 years history in providing these services.
The verification team has extensive experience in conducting assurance over environmental, social, ethical and health
and safety information, systems and processes, has over 20 years combined experience in this field and an excellent
understanding of Apex’s standard methodology for the verification of greenhouse gas emissions data.
https://www.avient.com/sites/default/files/2023-07/Avient_RY 2022 CDP Verification Opinion Declaration_07-24-23%5B30%5D.pdf
Data and information supporting the Scope 3 GHG emissions assertion were in many cases estimated rather
than historical in nature.
Page 3
WATER RESOURCES • ENVIRONMENTAL SERVICES • INDUSTRIAL HYGIENE • SAFETY • SUSTAINABILITY
Apex Companies, LLC • (800) 733‐2739 • www.apexcos.com
Statement of independence, impartiality and competence
Apex is an independent professional services company that specializes in Health, Safety, Social and Environmental
management services including assurance with over 30 years history in providing these services.
The verification team has extensive experience in conducting assurance over environmental, social, ethical and health
and safety information, systems and processes, has over 20 years combined experience in this field and an excellent
understanding of Apex’s standard methodology for the verification of greenhouse gas emissions data.
https://www.avient.com/sites/default/files/resources/PolyOne%25202018%2520Proxy%2520Statement.PDF
Strong balance sheet and free cash flow, as total cash
and liquidity ended the year at $244 million and
$574 million, respectively.
The second independent source of data that we used to augment the peer proxy analysis was the Consultant’s
analysis of competitive market data relating to other applicable general industries.
The CEO makes his recommendations in conjunction with the marketplace data.
https://www.avient.com/sites/default/files/2020-09/sustainabilityreport2018.pdf
Our
world-class safety.
You can be certain that PolyOne meets or
exceeds the material safety data reporting
requirements of your country or region.
According to The Center for Technology Innovation at
Brookings, two-thirds of the world’s population could
face water shortages by 2025.
https://www.avient.com/sites/default/files/2022-08/ColorMatrix Excelite Product Bulletin.pdf
The technology is highly suitable
for printable sheet, where smooth surface finish and
low density is a requirement.
PRODUCTS APPLICATIONS DESCRIPTION/BENEFITS
EXCELITE PF-1 PVC sheet for digital print or trimboard;
Fine cell structure able to target low density:
improves consistency and control over
foaming process
FOAM ADDITIVE-54 PVC sheet for digital print or trimboard;
Finer cell structure than PF-1 promotes ultra
smooth surface finish; improves consistency
and control over foaming process
PF-1E & FA-54E
ADDITIVES
PVC sheet for digital print or trimboard;
Enhanced run time formulation reduces
die lip build-up in PVC processes, leading
to longer production run times
FOAM ADDITIVE-33 CaZN formulations for PVC sheet,
profile, or trimboard
Promotes finer cell structure,
higher cell density, and surface
quality in CaZN PVC dryblends
FOAM ADDITIVE-77 HDPE sheet & plastic lumber
Industry-leading cell structure and cell
density; achieves lower density without
sacrificing quality; self-nucleating and able
to increase extruder output rates up to 15%
FOAM ADDITIVE-85
Endothermic foam or
nucleating additive for olefin and
styrene polymers; plastic lumber,
sheet applications and
food packaging products
Can be used as a CFA or nucleating additive;
nucleating capabilities promote fine cell
structure and high cell density; achieves
greater density reductions with more
consistency and control
FOAM ADDITIVE-37 HDPE sheet & plastic lumber
Good cell structure and cell density
in HDPE lumber; greater consistency
and control over foaming process
EXCELITE CAN IMPROVE PRODUCTION EFFICIENCY
• The process operator has full control of density
• Minimizes product rejection due to unnecessarily high/low density
• Production should consistently target the bottom of the density specification
• Enables control over the reintroduction of regrind or reprocessed materials as a feedstock
• Enables the consistent foaming of products using higher percentages of regrind
• Carrier selection can promote longer run times, enabling increased line productivity through
less plate-out or material build-up on die lips
EXCELITE CAN IMPROVE SURFACE FINISH
Excelite additives creates a fine, consistent cell structure within the extruded polymer, which determine
the surface roughness.
EXCELITE VS POWDER
• Enables a greater level of density control, through
consistent distribution in the polymer
• Simplifies and optimizes resin compounding
capabilities (PVC dry blends)
• Enables greater control over foaming and expands
processing window when re-introducing regrind
• Clean and highly accurate dosing process, with
fewer of the health and safety concerns that can
become apparent with powder CFAs
EXCELITE VS PELLET
• Being significantly more concentrated, Excelite additive enables lower total cost to foam
• Can achieve lower density, less carrier influence
• Finer and tighter cell structure through better additive distribution
• Improved linear consistency of cell structure as ColorMatrix pumps continually meter output,
giving greater stability over material dosing
• Improved plant working capital as lower let down ratios means less material is consumed and
reduces inventory holdings
TECHNICAL SUPPORT
• Avient has a market leading service team which understands
foaming processes, we assist customers to deliver performance
and production efficiencies with Excelite™ technology
• Please contact your local Avient representative for additional
information on our line of foaming additives
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
You can be certain that Avient meets or exceeds
the material safety data reporting requirements
of your country or region.
We maintain data related to the environmental, health and safety of our products in our product stewardship
database.
Through this data, we create safety data sheets,
customer certification statements and product safety improvements.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
You can be certain that Avient meets or exceeds
the material safety data reporting requirements
of your country or region.
We maintain data related to the environmental, health and safety of our products in our product stewardship
database.
Through this data, we create safety data sheets,
customer certification statements and product safety improvements.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
Environmental, Health and Safety 4.
MINE SAFETY DISCLOSURES
Not applicable.
Environmental, Health and Safety 4.
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
We are better together through:
Keeping Safety First — PolyOne and Clariant are both ACC Responsible Care® companies,
and nothing is more important than the health, safety and well-being of our people.
We are Avient.
6
BETTER TOGETHER: POLYONE AND
CLARIANT COLOR
Key Financial Data (1)
2021E Sales $4.75 billion
2021E EBITDA $580 million
87% of EBITDA from specialty applications
(1) As of October 28, 2021 webcast
Synergies
($ millions)
Three-Year
Estimate
Administrative $ 20
Sourcing 30
Operational 25
Total Synergies $ 75
CLARIANT COST SYNERGIES
• On-track to realize $50 million of expected
synergies in 2021 – up from earlier estimate of $35
million
• Relentless focus on guiding principles for
acquisition integration: safety first, employee
collaboration and exceeding customer expectations
• Future revenue synergies in excess of $50 million
by 2025 are not part of these estimates and
represent additional growth over the long term
8
• Barrier technology
• Functional additives
• Processing aids
• Flame retardants
• Light-weighting
additives
Complementary
Technologies
• Clariant’s approved
formulations and
certified facilities
• Legacy PolyOne’s
leading share in
distribution channels
Healthcare
Solutions
• Clariant’s position
in SE Asia,
Latin America,
Germany & Italy
• Legacy PolyOne’s
position in U.S.,
Canada and China
Regional
Strengths
• Solutions with Avient’s
engineered materials
customers
• Avient’s distribution
channels
Segment
Cross-selling
COMPLEMENTARY TECHNOLOGIES AND
CUSTOMERS DRIVE REVENUE SYNERGIES
Revenue synergy opportunities in excess of $50M by 2025
The complementary aspects of our combined businesses are unquestionable.
This
innovation drives performance and is
reflective of consistent, strategic
investments in technology and people
Clariant Color business
acquired July 1, 2020
10
30
40
14
22
35
19
18
41
Current Additional share needed to reach 2025 target
BRAND OWNERS COMMITTED TO INCREASING
USE OF RECYCLED MATERIALS
14
Brand Owner 1
Brand Owner 3
Brand Owner 2
Brand Owner 7
Brand Owner 4
Brand Owner 10
Brand Owner 6
Brand Owner 11
Brand Owner 5
Brand Owner 8
Brand Owner 9
Brand Owner 12
Brand Owner 13
Percent recycled plastic used:
(examples and not exhaustive)
(1) Latest year reported.