https://www.avient.com/resources/safety-data-sheets?page=3269
AQUAMIX 101
https://www.avient.com/resources/safety-data-sheets?page=6316
ATP101 ATP-101 ATHLETIC WHITE
https://www.avient.com/investor-center/news/polyone-iq-design-team-receives-gold-idea-award-social-impact
This year's competition, judged by a panel of over two dozen global design experts, included over 1,600 entries from 24 countries, with only 19 designated Gold winners from among the 101 awards presented.
https://www.avient.com/resources/safety-data-sheets?page=256
YELLOW 101
https://www.avient.com/news/polyone-iq-design-team-receives-gold-idea-award-social-impact
This year’s competition, judged by a jury of over two dozen global design experts, included over 1600 entries from 24 countries, with only 19 designated Gold winners from among the 101 awards presented.
https://www.avient.com/knowledge-base/article/hit-comfort-zone-soft-touch-grips?ind[]=6596
101
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-design-guide-.pdf
Figure 10 shows the proper design
for structural holes.1
Figure 7 - Boss Design Guidelines
2.5* ID
DIA.
Only naturally balanced runner systems
(“H” patterns) are recommended.
The modulus of steel is
3 x 107 psi
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.
2
COMPOSITES PORTFOLIO
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D P A N E L S
T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
4
DEFENSE TELECOMMUNICATIONS ENERGY TRANSPORTATION
Military • Law Enforcement
First Responders
Body Armor • Helmets
Vehicle Protection
Sustainable Infrastructure
Offshore Wind
Electrical Grid Protection
EV Battery Components
Commercial Laminates
Body & Trim • Air Cargo and
Railroad Car Panels
5G Applications
Fiber Optic Cables
Satellite Communications
Connectors and
Components
5
COMPOSITES SERVE DIVERSIFIED
END MARKETS
INDUSTRIAL
Lifting Slings • Aquaculture
High Pressure Pipe
Conveyer Springs
Q 2 P ER FO RM A N CE
Q2 2023 PERFORMANCE VS.
Senior management believes the measures described above are useful to investors because they allow for comparison to
Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results
due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
PY
$790
$719
$107
$114
Sales Adjusted EBITDA
$0.42
$0.52
- 9% + 7% + 24%
Sales Adjusted EBITDA Adjusted EPS
15
Q4 2023 SEGMENT PERFORMANCE
16
CAI
$491
$459
Sales
$70
$84
SEM
$301
$260
Sales
$55
$49
- 7% - 14%+20% - 11%
Q4 EBITDA BRIDGE
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
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
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
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
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
23%Industrial
Building and
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
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
34%
37%
21%
END MARKET REGION
24
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 BILLION
52%
35%
25
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
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.
Senior management believes the measures described above are useful to investors because they allow for comparison to
Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results
due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_elastomers_for_overmolding_applications.pdf
Table 1: Novel Non-Drying Overmold TPE
Shore A Hardness(10 second delay) 57
Specific Gravity(g/cm3) 1.05
Color Natural
300% Modulus(MPa) 2.87
Tensile Strength(MPa) 3.24
Elongation at Break (%) 400
90° Deg., Peel ASA (N/mm) 2.72
90° Deg., Peel SAN (N/mm) 2.72
90° Deg.
F
O m
C
O *C
n
C*
O *m
*z
C C
C N
HH
* x
y
C H 3 O
C H 3
O* O C *n
285-056 Peel adhesion
3.23
3.06 3.063.063.062.89
2.89 2.89
2.72 2.72
3.06
2.38
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220 Xenoy 1339
Injection speed: 25 mm/sec
l,
Melt temp: 190°C Melt temp: 200°C Melt temp: 220°C
Figure 5: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of melt
emperatures of the TPE. t
285-056 peel adhesion
2.893.06
2.38
2.55 2.55
3.063.06
25 50 75
Injection velocity, mm/sec
l,
Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220
Figure 6: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of injection
peeds. s
285-056 tensile properties: initial & aged after 1 week at 70°C.
2.35
1.60
2.77
2.30
1.66
2.77
Figure 7: Physical property retention of GLS 285-056 after 1week at 70°C.