https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
Unless otherwise stated, Operating Income, EBITDA and EPS figures included in this presentation are adjusted to exclude the impact of special items as defined in our quarterly earnings releases. $0.30 $0.52 2019 PF 2020 Q4 2020 ORGANIC PERFORMANCE 3 Sales $922 $997 2019 PF 2020 +8% Adjusted Operating Income Adjusted EPS $58 $80 2019 PF 2020 +38% +73% • Record 4th quarter sales, adjusted operating income and adjusted EPS performance • All segments delivered year-over-year sales and operating income growth, led by consumer and healthcare end markets • Clariant Masterbatch integration synergy capture ahead of schedule: $5 million realized in 2020 ($ in millions except EPS) (1) (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Q4 2020 SEGMENT PERFORMANCE 4 Sales Operating Income $100 $100 $100 $922 $100 $100 $100 $997 Distribution CAI SEM Total 2019 2020 $178 $272 $490 $191 $305 $526 SEM Distribution CAI 2019PF 2020 +8% +7% +7% +12% $5 $5 $5 $58 $5 $5 $5 $80 Avient CAI SEM Total 2019 PF 2020 $17 $19 $40 $18 $30 $58 Distribution SEM CAI 2019PF 2020 +38% +45% +58% +6% (3) (3) ($ in millions) (1) (2) (1) Total company sales include intercompany sales eliminations (2) Total company reflects adjusted operating income and includes corporate costs (3) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition 2020 HIGHLIGHTS 5 • Completed transformational Clariant Masterbatch acquisition and created new brand name Avient • Increased pro forma adjusted EPS 11% from $1.74 to $1.93 as an essential supplier during the pandemic and due to growth in demand for consumer applications • Specialty Engineered Materials delivered record operating income on gains from composites • Achieved record free cash flow, increased dividend for 10th year in a row and delevered from 3.5x to 2.7x net debt to pro forma adjusted EBITDA • Culture is everything: Certified as a Great Place to Work® $133 $150 2019PF 2020PF 10% 23%8% 21% 4% 15% 2006 2020PF Healthcare Consumer Packaging Avient Portfolio Transformation 22% 59% CLARIANT MASTERBATCH: TRANSFORMATIONAL ACQUISITION 6 Clariant MB EBITDA Growth Purchase Price Multiple 10.8 9.6 6.5 2019PF 2020PF 2020PF w/ Full Synergies x x x • Acquisition of Clariant Masterbatch significantly expands presence in healthcare, packaging and consumer end markets • Strength of portfolio – 13% EBITDA growth as an essential supplier in COVID response and recovery • Acquisition completed on July 1, 2020 for $1.4 billion.
Whether an additional line at an existing manufacturing plant, or a new facility in a growing region, we ramp-up quickly and cost-efficiently. 22 Capex / Revenue 2021E (%) AVIENT IS ASSET LIGHT Avient Specialty Formulators Other Chemical/Specialty Companies 2 3 2 2 2 3 3 6 2 3 4 4 5 5 5 6 6 6 7 9 25 A vi en t A vi en t (E xc l.
https://www.avient.com/sites/default/files/2025-07/Avient 2024 Sustainability Report_6.pdf
Performance management data is stored and retained in digital platforms.
SOx: 0.16 MT 3.
PSTIR: 0.00 3.
https://www.avient.com/sites/default/files/2024-03/Nymax _ Nymax REC Processing Guide.pdf
Only naturally balanced runner systems (“H” pattern) are recommended. 3.
Place cold slug wells at every 90° bend in the runner system. 3.
All vents need to be vented to atmosphere. 3.
https://www.avient.com/sites/default/files/2024-11/Stan-Tone RBX Product Bulletin.pdf
% Pigment Specific Gravity Color Index Heat Stability Lightfastness System WHITE 10MB03 Titanium Dioxide, Rutile 60 1.74 PW-6 1 I/O SBR 10EP03 Titanium Dioxide, Rutile 60 2.33 PW-6 1 I/O EPDM YELLOW 12MB01 (a) Diarylide AAOT GS 48 1.23 PY-14 3 I SBR 12MB02 (a) Diarylide AAOA GS 50 1.15 PY-17 3 I SBR 12MB03 (a) Diarylide HR RS 50 1.16 PY-83 2 I/O (Mass) SBR 12MB09 (a) Diarylide AAA RS 50 1.21 PY-12 3 I SBR 12MB10 (a) Diarylide AAMX RS 30 1.22 PY-13 3 I SBR 13MB03 Benzimidazolone GS 50 1.15 PY-151 2 I/O (Mass) SBR 81MB01 (c) Iron Oxide 65 1.84 PY-42 2 C I/O SBR 12EP01 (a) Diarylide AAOT GS 47 1.16 PY-14 3 I EPDM 12EP03 (a) Diarylide HR RS 43 1.17 PY-83 2 I/O (Mass) EPDM 12EP09 (a) Diarylide AAA RS 47 1.14 PY-12 3 I EPDM 81EP01 Iron Oxide 65 1.78 PY-42 2 C I/O EPDM ORANGE 15MB01 Pyrazolone YS 23 1.23 PO-13 2 I/O (Mass) SBR 15MB05 Dianisdine RS 40 1.11 PO-16 3 I/O (Mass) SBR 15MB06 Benzimidazolone RS 50 1.18 PO-36 2 I/O SBR 15MB07 Benzimidazolone YS 50 1.19 PO-64 2 I/O SBR 15EP01 Pyrazolone YS 23 1.16 PO-13 2 I/O (Mass) EPDM 15EP05 Dianisdine RS 43 1.07 PO-16 3 I/O (Mass) EPDM RED 20MB01 (b) Red Lake C YS 50 1.27 PR-53:1 3 I SBR 22MB01 (b) Lithol Rubine BS 42 1.19 PR-57:1 3 I SBR 23MB06 Specialty Naphthol BS 50 1.11 PR-170 2 I/O (Mass) C SBR 23MB07 Specialty Naphthol YS 50 1.13 PR-170 2 I/O (Mass) C SBR 25MB12 Red 2B, Ca Salt BS 49 1.25 PR-48:2 2 I/O (Mass) SBR 26MB03 (c) Pyrazolone YS 41 1.09 PR-38 2 C I/O (Mass) SBR 28MB02 Red 2B, Ba Salt YS 50 1.38 PR-48:1 2 I/O (Mass) SBR 82MB01 (c) Iron Oxide, Light BS 60 1.68 PR-101 1 I/O SBR 82MB02 (c) Iron Oxide, Dark VBS 60 1.8 PR-101 1 I/O SBR 82MB04 (c) Iron Oxide, Light VYS 60 1.83 PR-101 1 I/O SBR 82MB05 (c) Iron Oxide, Light YS 60 1.84 PR-101 1 I/O SBR 20EP01 (b) Red Lake C YS 50 1.23 PR-53:1 3 I EPDM Stan-Tone Code Pigment Type Approx. % Pigment Specific Gravity Color Index Heat Stability Lightfastness System RED 23EP06 Specialty Naphthol BS 50 1.06 PR-170 2 I/O (Mass) C EPDM 25EP12 Red 2B, Ca Salt Bs 49 1.2 PR-48:2 2 I/O EPDM 26EP03 Pyrazolone YS 41 1.03 PR-38 2 C I/O EPDM 28EP02 Red 2B, Ba Salt YS 50 1.33 PR-48:1 2 I/O EPDM 82EP02 Iron Oxide, Dark VBS 59 1.7 PR-101 1 I/O EPDM 82EP04 Iron Oxide, Light VYS 60 1.73 PR-101 1 I/O EPDM BLUE 40MB05 (c) Phthalocyanine GS 48 1.19 PB-15:3 1 I/O SBR 40MB08 (c) Phthalocyanine RS 52 1.27 PB-15 1 I/O SBR 40MB10 (c) Phthalocyanine RS-NC 48 1.22 PB-15:1 1 I/O SBR 40MB02 Ultramarine 51 1.35 PB-29 1 I/O SBR 40EP05 Phthalocyanine GS 44 1.14 PB-15:3 1 I/O EPDM 40EP08 Phthalocyanine RS 49 1.23 PB-15 1 I/O EPDM 40EP10 Phthalocyanine RS-NC 48 1.11 PB-15:1 1 I/O EPDM 42EP02 Ultramarine GS 50 1.27 PB-29 1 I/O EPDM GREEN 50MB05 Blend (Yellow/Blue) 48 1.21 N/A 3 I SBR 51MB01 (c) Phthalo Brominated VYS 50 1.4 PG-36 1 I/O SBR 51MB03 (c) Phthalocyanine YS 47 1.34 PG-7 1 I/O SBR 51MB05 (c) Phthalocyanine BS 50 1.46 PG-7 1 I/O SBR 59MB01 Chromium Oxide 69 2.17 PG-17 1 I/O SBR 50EP05 Blend (Yellow/Blue) 48 1.16 N/A 3 I EPDM 51EP01 Phthalo Brominated VYS 44 1.37 PG-36 1 I/O EPDM 51EP03 Phthalocyanine YS 47 1.33 PG-7 1 I/O EPDM 51EP05 Phthalocyanine Bs 45 1.37 PG-7 1 I/O EPDM 59EP01 Chromium Oxide 71 2.12 PG-17 1 I/O EPDM VIOLET/MAGENTA 24MB03 Quinacridone Violet 30 1.06 PV-19 2 I/O SBR 24MB04 Ultramarine Violet 60 1.59 PV-15 1 I/O SBR 24MB06 Benzimidazolone 40 1.08 PV-32 2 I/O SBR 24MB07 Carbazole Violet 40 1.25 PV-23 2 I/O SBR 24EP03 Quinacridone Violet 31 1 PV-19 2 I/O EPDM 24EP07 Carbazole Violet 14 1.34 PV-23 2 I/O EPDM Stan-Tone Code Pigment Type Approx. % Pigment Specific Gravity Color Index Heat Stability Lightfastness System BROWN 83MB01 (c) Iron Oxide, Tan HR 60 1.78 PBr-11 1 I/O SBR 83MB02 (c) Iron Oxide, Light 68 2.1 PBr-6 2 C I/O SBR 83MB03 (c) Iron Oxide, Dark 60 1.83 PBr-6 2 C I/O SBR 83EP02 Iron Oxide, Light 69 1.98 PBr-6 2 C I/O EPDM 83EP03 Iron Oxide, Dark 69 1.98 PBr-6 2 C I/O EPDM BLACK 90MB01 (c) Furnace N-330 31 1.2 PBk-7 1 I/O SBR 90MB05 (c) Iron Oxide 60 1.8 PBk-11 2 C I/O SBR 90EP01 Furnace Black 33 1.05 PBk-7 1 I/O EPDM 90EP05 Iron Oxide 55 1.56 PBk-11 2 C I/O EPDM ALUMINUM 61MB01 Aluminum 70 1.5 PM-1 1 I/O SBR 61EP01 Aluminum 60 1.31 PM-1 1 I/O EPDM RS = Red Shade YS = Yellow Shade VYS = Very Yellow Shade BS = Blue Shade VBS = Very Blue Shade GS = Green Shade NC = Non-Crystallizing HR = Heat-Resistant (a) = Potential Migration at Low Use Levels (b) = Poor Alkali Resistance - Not Recommended for Open Steam Cure (c) = Six Month Shelf Life LIGHTFASTNESS I = Indoor Only I/O = Indoor or Outdoor Mass = Outdoor Masstone Application Only C = Some Caution Advised HEAT STABILITY 1 = Above 400°F 2 = 350°F–400°F 3 = Below 350°F C = Some Caution Advised 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.
https://www.avient.com/resource-center?document_subtype=125&document_type=63&form_build_id=form-BVD2tghPqXIOPcl0vxmei8LDvjHG38Ntio8GI-puaQg&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=81&product_name=0&product_subfamily=0&page=0
Injection molding parameters and troubleshooting recommendations for the the Nymax™ prime and Nymax™ REC recycled nylon materials
Injection molding parameters and troubleshooting recommendations for Gravi-Tech™ (Chinese language version)
Injection molding parameters and troubleshooting recommendations for Gravi-Tech™
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-twisting.pdf
Key Features • Choose from single twisted fibers or cords • Properly tensioned and torque balanced • Twist level optimization for strength or flex fatigue resistance • 50 – 300,000 denier range capability • Hybrid products also available FIBER-LINE® FIBERS SUITABLE FOR TWISTING • Kevlar® Para-Aramid • Nomex® Meta-Aramid • Vectran® LCP • Zylon® PBO • Carbon Fiber • Technora® • PET Polyester FIBER-LINE® PRODUCTS ADDED BY TWISTING • Ripcords • Strength Members • Drive Belt & Hose Reinforcement • Industrial Fabric Yarn • Wire Harness Yarn TWISTING FIBERS PROCESSES PRODUCTS Overview FIBER-LINE® has the ability to custom twist an endless amount of different twist levels on a variety of high performance synthetic fibers.
Uranusweg 3 8938 AJ Leeuwarden The Netherlands +31(0) 58 216 75 99 info@fiber-line.com ABOUT FIBER-LINE® NOTICE: The information and data contained herein do not constitute sales specifications.
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-performance-enhancing-processes/fiber-twisting
Properly tensioned & torque balanced
https://www.avient.com/resources/safety-data-sheets?page=1698
GREEN GOLD FPVC #3
DB2697 LO TORQUE HI CUT
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
F X ) -10% -11% -3% -12% 14 US & Canada Latin America EMEA Asia Avient ex.
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.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years. 37 EV / 2023E EBITDA Historic Multiple 6.5 8.3 9.9 14.6 13.7 13.0 11.9 8.8 18.7 17.4 11.8 10.0 9.7 9.1 8.0 7.9 A vi en t (2 01 1) A vi en t (2 01 8) A vi en t (2 02 3) K W R P P G R P M A V Y F U L E C L H X L F M C A S H S C L C E E M N H U N 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/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
AVIENT CORPORATION F I R S T Q U A R T E R 2 0 2 3 R E S U L T S (NYSE: AVNT) M AY 3 , 2 0 2 3 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.
F X ) -10% -11% -3% -12% 10 US & Canada Latin America EMEA Asia Avient ex.
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 13 DEFENSE Source: US Department of Defense, defense.gov, NATO13 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 14 $130 $530 Q2 FY $0.60 $2.40 Q2 FY 2023 GUIDANCE 15 Sales Adjusted EBITDA $845 $3,400 Q2 FY Adjusted EPS (in millions) (in millions) CASH FLOW / LEVERAGE 16 • Maintaining free cash flow and leverage guidance from February earnings call • IT investment to further integrate acquired businesses and capture operational efficiencies • Restructuring actions to streamline operations and improve profitability, primarily in Europe ($ 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% 17 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 18 SUSTAINABILITY INVESTOR DAY 18 $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% 19 *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 20 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 21 AP P EN D IX 24 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% 26 (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 27 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 28 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% 29 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. 31 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.