https://www.avient.com/sites/default/files/2022-09/Avient Pro Forma Financial Information.pdf
AVIENT CORPORATION P R O F O R M A F I N A N C I A L S F O R D Y N E E M A A C Q U I S I T I O N A N D D I S T R I B U T I O N A S D I S C O N T I N U E D O P E R A T I O N S (NYSE: AVNT) S E P T E M B E R 2 7 , 2 0 2 2 DISCLAIMER Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Avient corporation first quarter 2023 results AVIENT CORPORATION I N V E S T O R P R E S E N T A T I O N (NYSE: AVNT) F E B R UA RY 2 0 2 4 DISCLAIMER Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Continue fostering our Great Place to Work® culture Strategic Objectives Long Term Growth Rates Growth Drivers $340 $455 $790 $1,135 2016 2018 2020 2023 $51 $84 $212 $645 2016 2018 2020 2023 $108 $113 $231 $230 2016 2018 2020 2023 $265 $358 $726 $725 2016 2018 2020 2023 8-12% 8-10% 8-10% 5% Sustainable Solutions Composites Healthcare Asia/Emerging Regions Profitable Growth Great Place to Work 5.4% 10.9% 16.0% 2006 2014 2023 EBITDA Margins $0.14 $1.93 $2.36 2006 2014 2023 Adjusted EPS TOP-TIER SUSTAINABILITY PERFORMANCE AND RECOGNITION Industry Sustainability Standards ESG Ratings Performance 1 2 4 87th 94th percentile 5 Avient CDP Score: A- FE BRUARY 14 , 2024 W E BCAS T P RE S E N TAT I O N DR.
PY (TOTAL COMPANY) $790 $719 2022 2023 $107 $114 2022 2023 Sales Adjusted EBITDA (in millions) $0.42 $0.52 2022 2023 Adjusted EPS (in millions) - 9% + 7% + 24% Sales Adjusted EBITDA Adjusted EPS 15 Q4 2023 SEGMENT PERFORMANCE 16 CAI $491 $459 Sales (in millions) $70 $84 EBITDA SEM $301 $260 Sales $55 $49 EBITDA - 7% - 14%+20% - 11% 2022 2023 (in millions) Q4 EBITDA BRIDGE (TOTAL COMPANY) 17 $ millions CAI: Price / Mix 11 Deflation 14 SEM: Price / Mix 4 Deflation 9 Net Price Benefit 38 Cost Reductions 13 Wage Inflation (8) Other (2) Q4 2023 $114 Adjusted EBITDA Q4 2022 $ 107 Demand (34) • Demand was down, but less than in previous quarters, due to slowing pace of destocking • Positive net price benefit: o CAI – Pricing flat with favorable mix from uptick in packaging and consumer end markets and raw material deflation o SEM - Pricing flat with favorable mix from Composites and raw material deflation • Cost reductions primarily driven by reduced administrative costs and cost synergies 2024 G U I DAN CE 2024 GUIDANCE Full Year 2024 Guidance Adjusted EBITDA $505 to $535 million Adjusted EPS $2.40 to $2.65 Interest Expense $105 to $110 million Adjusted Effective Tax Rate 23% to 25% Capital Expenditures ~$140 million 19 Q1 Adjusted EPS of $0.68 AP P E N DI X 21 Performance Additives 15% Pigments 13% TiO2 9% Dyestuffs 2% Polyethylene 10%Nylon 5% Polypropylene 4% Styrenic Block Copolymer 4% Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RAW MATERIAL BASKET SEGMENT DATA U.S. & Canada 41% EMEA 36% Asia 18% Latin America 5% 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 19% Packaging 23%Industrial 16% Building and Construction 9% Telecommunications 4% Energy 5% Defense 7% END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) Transportation 10% Healthcare 7% 23 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2023 REVENUE | $2 .0 BILLION US & Canada 34% EMEA 37% Asia 21% Latin America 8% END MARKET REGION 24 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 9% Building & Construction 10% Telecommunications 1% Energy 2% COLOR, ADDITIVES & INKS 2023 REVENUE | $1 .1 BILLION US & Canada 52% EMEA 35% Asia 13% 25 Packaging 5% Consumer 16% Healthcare 6%Industrial 16% Transportation 12% Telecommunications 9% Energy 10% Defense 18% Building & Construction 8% END MARKET REGION SPECIALTY ENGINEERED MATERIALS Packaging 32% Consumer 26% Healthcare 9% Industrial 13% Building & Construction 6% Telecommunications 2% Energy 2% Defense 1% Asia (18% of sales) Transportation 9% 2023 AVIENT REGIONAL SALES Packaging 25% Consumer 13% Healthcare 5% Industrial 18% Building & Construction 9% Energy 5% Defense 8% EMEA (36% of sales)Transportation 13% Packaging 13% Consumer 22% Healthcare 10% Industrial 16% Building & Construction 12% Energy 6% Defense 8% US & Canada (41% of sales) Transportation 9% Packaging 59% Consumer 22% Healthcare 2% Industrial 8% Building & Construction 4% LATAM (5% of sales) Transportation 5% Telecommunications 4% Telecommunications 4% 26 BY END MARKET Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
COLLA B O R A T IO N INNOVATION E X C E L LE N CE CORE VALUES INTEG R IT Y HONESTY R E S P E C T PERSONAL VALUES 74424.indd intro_5 3/16/20 12:25 PM 1 Annual Report | 2019 Sustainability In Action: People, Products, Planet, Performance Dear PolyOne Shareholders, 2019 was a pivotal, transformational and telling year for our great company.
FEARON Lead Director, PolyOne Corporation Vice Chairman and Chief Financial and Planning Off icer, Eaton Committees: 2, 4* ROBERT E.
Goff , Kim Ann Mink, Robert E.
https://www.avient.com/sites/default/files/2025-05/Cesa Stat Pet Food Packaging Case Study Snapshot.pdf
FLEXIBLE PACKAGING COMPANY P E T F O O D P A C K A G I N G • Incorporate an antistatic additive into pet food packaging to dissipate static in hot and dry environments • Improve efficiency within a robotic packaging process • Support extended packaging shelf life • Leveraged technical expertise in packaging additives to identify a suitable formulation for static dissipation in harsh environments • Provided a customized and effective antistatic additive solution that complemented the automated packaging process while providing added durability and protection to extend shelf life Cesa Stat Antistatic Additives KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2024-03/Railcar Door_Case Study Snapshot.pdf
RAIL CAR MANUFACTURER D O O R P A N E L • High stiffness-to-weight ratio and improved thermal insulation to incumbent materials • Efficient manufacturing process to ensure quality panel construction and standards • Domestic supply and manufacturing to ensure timely delivery • Reduced component complexity compared to metal • Custom-engineered panel with varying core materials and thicknesses to meet performance requirements • Reliable material supply with product manufactured in United States CRTM™ Composite Sandwich Panels KEY REQUIREMENTS WHY AVIENT AVIENT SOLUTION CORROSION & IMPACT RESISTANT LEARN MORE Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2023-06/Trilliant HC-auto-injector-snapshot.pdf
MEDICAL CONTRACT MANUFACTURER A U T O - I N J E C T O R H O U S I N G • Excellent chemical and wear resistance • Excellent impact resistance • Specific color matching based on customer’s needs • Outstanding durability to extend product life • Customized a chemically resistant formulation to offer an impact-modified alternative to traditional competitors in the market • Provided technical support for material selection, part & tool design, and process development to accelerate commercialization • Delivered custom color matching to meet all key requirements Custom Trilliant™ HC Healthcare Thermoplastic KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/resources/Lahnstein_ISO50001.pdf
Müller, CEO SQS 66 70 _2 / J un e 20 19 / V er si on 2 .0 A.
https://www.avient.com/sites/default/files/2024-04/Adventure Camping_Case Study Snapshot_v3.pdf
ADVENTURE CAMPER MANUFACTURER W A L L & F L O O R P A N E L S • Ability to customize the face sheet structure, core material, and thickness to meet performance requirements • Lightweight, high strength-to-weight ratio compared to wood and aluminum • UV, chemical, and moisture resistant • Custom formulated the panel construction to meet lightweight, durability, and insulation requirements • Avient engineering team provided on-going material sampling and technical support throughout the development cycle • Ensured the face sheet structure provided a smooth surface finish and good adherence to paint or aluminum fixtures Polystrand™ Thermoplastic Composite Sandwich Panels KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-02/onflex-af-cup-holder-mat-case-study-one-pager.pdf
EUROPEAN OEM & TIER 2 MOLDER C U P H O L D E R M A T • Low odor material • Excellent surface finish • Provided excellent low VOC/FOG properties and lower density than previous solution with a specialty TPE grade • Delivered high-quality aesthetics, including soft touch and low gloss finish • Offered global support and production capabilities to allow molder to source the grade globally OnFlex™ AF 7210-70N Thermoplastic Elastomer KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-12/onflex-s-ke-oscillating-sprinkler.pdf
LEADING GARDEN TOOLS BRAND O S C I L L A T I N G S P R I N K L E R S • Superior abrasion resistance performance • Ability to pass standard UV testing as well as the customer’s more stringent UV criteria • Global support and material availability • Developed a customized TPE material with superior UV resistance, adhesion to ABS, and demolding • Leveraged in-house UV chamber tests to exceed UV parameter requirements • Worked closely with customer’s product development, engineering and quality teams to test and specify material • Supplied grade globally with local technical and manufacturing support OnFlex™ S KE Thermoplastic Elastomer KEY REQUIREMENTS WHY AVIENT?