https://www.avient.com/sites/default/files/2021-04/avnt-fourth-quarter-2020-news-release.pdf
Refer to Attachment 7 Reconciliation of Non-GAAP Financial Measures
for details regarding adjustments to previously reported results to arrive to the pro forma
financial metrics.
2
Webcast Details
The company will host a webcast at 9:00 a.m.
See Attachment 3 for a definition and summary of special items and Attachment 7 for a summary of pro forma adjustments
associated with the Clariant MB Acquisition necessary to reflect Clariant MB adjusted results in all periods presented.
Three Months Ended
Year Ended
Sales:
Color, Additives and Inks $ 525.8 $ 226.7 $ 1,502.9 $ 1,003.8
Specialty Engineered Materials 190.6 177.5 708.8 745.7
Distribution 305.1 272.4 1,110.3 1,192.2
Corporate and eliminations (24.5) (18.0) (79.9) (79.0)
Sales $ 997.0 $ 658.6 $ 3,242.1 $ 2,862.7
Gross margin:
Color, Additives and Inks $ 164.3 $ 73.9 $ 484.4 $ 338.4
Specialty Engineered Materials 59.1 47.7 207.6 200.2
Distribution 32.4 31.0 124.0 132.1
Corporate and eliminations (2.9) 0.7 (31.7) (13.5)
Gross margin $ 252.9 $ 153.3 $ 784.3 $ 657.2
Selling and administrative expense:
Color, Additives and Inks $ 106.8 $ 46.7 $ 303.6 $ 191.0
Specialty Engineered Materials 28.7 28.9 113.2 116.5
Distribution 14.4 14.0 54.5 56.7
Corporate and eliminations 38.0 43.2 123.7 136.2
Selling and administrative expense $ 187.9 $ 132.8 $ 595.0 $ 500.4
Operating income:
Color, Additives and Inks $ 57.5 $ 27.2 $ 180.8 $ 147.4
Specialty Engineered Materials 30.4 18.8 94.4 83.7
Distribution 18.0 17.0 69.5 75.4
Corporate and eliminations (40.9) (42.5) (155.4) (149.7)
Operating income $ 65.0 $ 20.5 $ 189.3 $ 156.8
11
Attachment 7
Reconciliation of Non-GAAP Financial Measures (Unaudited)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current
profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
Refer to Attachment 7 Reconciliation of Non-GAAP Financial Measures
for details regarding adjustments to previously reported results to arrive to the pro forma financial
metrics.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
December 31,
Year Ended
December 31,
2021 2020 2021 2020
Sales $ 1,201.5 $ 997.0 $ 4,818.8 $ 3,242.1
Operating Income 74.0 65.0 381.2 189.3
Net income from continuing operations attributable to Avient
shareholders 29.8 74.2 230.8 132.0
Basic earnings per share from continuing operations attributable to
Avient shareholders $ 0.33 $ 0.81 $ 2.53 $ 1.47
Diluted earnings per share from continuing operations attributable to
Avient shareholders $ 0.32 $ 0.81 $ 2.51 $ 1.46
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.
See
Attachment 3 for a definition and summary of special items and Attachment 7 for a summary of pro forma adjustments associated
with the Clariant Color Acquisition necessary to reflect Clariant Color adjusted results in all periods presented.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-english.pdf
Antitrust Laws 2
Antitrust Law Violations 3
Antitrust Potential Areas of Concern 3
Conclusion 5
Reporting Possible Violations 6
Avient Ethics Hotline 6
Protection from Retaliation 6
Antitrust Checklist 7
Quick Reference: Antitrust DO’s and DON’Ts 9
Guide For Compliance
Avient is committed to promoting fair competition and
free enterprise in the marketplace.
Do not attend meetings with competitors (including
trade association gatherings) at which prices or any of
the foregoing subjects are discussed.
7.
Even in the
Antitrust Checklist
7
first instance, make every effort to verify and document
the competing price prior to offering a distributor a
lower price intended to meet that competitive price; do
not, however, attempt to verify the competing price by
contacting the competitor directly.
https://www.avient.com/sites/default/files/2023-05/Cesa Stat Product Selector Guide.pdf
Most temporary antistatic additives
require time to reach maximum effectiveness,
typically 2 to 7 days.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-rus-a4.pdf
Глобальная
антимонопольная
политика
компании Avient
Содержание
Общие сведения о политике 1
Общий обзор Антимонопольного законодательства США 2
Нарушения антимонопольного законодательства 3
Потенциальные проблемные области в сфере антимонопольного законодательства 3
Заключение 6
Фиксация возможных нарушений 7
Горячая линия по вопросам этики компании Avient 7
Защита от преследований 7
Контрольный список по соблюдению требований антимонопольного законодательства 8
Краткий справочник: Что следует и не следует делать в рамках антимонопольной политики 10
Руководство по нормативно-
правовому соответствию
Компания Avient привержена созданию
справедливой конкуренции и свободного
предпринимательства на рынке.
Горячая линия по вопросам этики компании
https://www.Avient.com/company/policies-and-
governance/ethics-hotline
телефону
1-877-228-5410
7
mailto:ethics.officer%40avient.com%20%20?
Не присутствуйте на встречах с конкурентами
(включая собрания торговых ассоциаций), где
обсуждаются цены или любые упомянутые выше
темы.
7.
https://www.avient.com/sites/default/files/2020-10/case-study-one-pager-trilliant-xr-xray-glasses.pdf
MEDICAL EQUIPMENT
MANUFACTURER
S U R G I C A L X - R A Y G L A S S E S
• Replace lead while providing uniform shielding
performance
• Radiation shielding up to 140KeV
• Improve glasses design
• Compliance with Radiation Protection Regulation: Adult
eye exposure must be below 20 mSv per calendar year
• Conducted extensive testing to ensure comparable and
uniform shielding performance
• Improved geometric flexibility
• Lowered shielding component costs 30-50% by
eliminating machining and assembly steps (associated
with lead)
• Reduced weight of the glasses and enabled a more
ergonomic design
• Eliminated disposal concerns associated with lead
Trilliant™ XR Lead Replacement
Thermoplastics
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-04/Heavy Duty Connectors Application Snapshot.pdf
ELECTRICAL PARTS
MANUFACTURER
H E A V Y D U T Y C O N N E C T O R S
A N D A C C E S S O R I E S
• Reduce material rematching and rejection through more
efficient pre-testing
• Improve processing efficiencies and color consistency in
highly FR-filled and high-temperature resins
• Achieve regulatory compliance across multiple resin
families
• Gain better supply chain control to manage scarcity of key
engineering resins and changing resin producers
• Offered eight UL 94-recognized sites in U.S.
and Canada that perform comprehensive
analytical, physical and mechanical testing
• Provided increased speed to market and
expedited design timelines for new products
using existing standardized and pre-
approved color palettes
• Ensured regulatory compliance and security
of supply
OnColor™ UL 94 Colorants
KEY REQUIREMENTS
WHY AVIENT
AVIENT SOLUTION
QUALITY + SPEED TO MARKET
LEARN MORE
© 2023, Avient Corporation, All Rights Reserved
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-ul94-colorants
https://www.avient.com/sites/default/files/2022-05/Glucose Monitoring App Snapshot.pdf
Glucose Monitoring App Snapshot draft
MEDICAL DEVICE OEM
C O N T I N U O U S G L U C O S E
M O N I T O R I N G S Y S T E M
• Adapt to strict processing requirements of a secondary
operation put in place to manufacture a new device model
• Meet material size and thickness requirements while
achieving desired color target
• Overcome material unpredictability and sensitivity to heat,
light and moisture
• Minimize impact of supply chain instability and changes
• Offered support for processing under low
pressure conditions and at every stage of
manufacturing
• Performed extensive R&D work to
consistently deliver the customer’s color
target of a hard-to-achieve light gray
• Effectively addressed all material challenges
and sensitivities
• Provided regular ‘summaries of
understanding’ to keep up with changing
forecasts and ordering patterns
Mevopur™ Pre-color Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-03/CCG Application Snapshot_Wire _ cable laser marking_Final.pdf
Wire & cable manufacturer
WIRE & CABLE
MANUFACTURER
A E R O N A U T I C D A T A
T R A N S M I S S I O N C A B L E S
• Permanent contrast marking meeting aerospace industry standards
SAE AS4373F and EN-3475-706
• Benign marking that, compared to infrared (IR) laser marking, will
not damage the jacket surface
• Elevated temperature performance in corrosive environments,
maintaining dielectric properties under continuous service
• No vital optical fiber or data transmission cable interference
• Demonstrated fluorinated ethylene propylene (FEP)
application expertise incorporating laser marks
• Provided formulation expertise in PTFE alternatives
• Delivered a high-quality product with no clumping
during the extrusion process
• Offered a proven array of specific aeronautic colors
• Provided commercial, technical, and operational
support
KEY REQUIREMENTS
APPEARANCE + PERFORMANCE
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-versalloy-infusion-adapter-port.pdf
MEDICAL EQUIPMENT
MANUFACTURER
C L O S E D S Y S T E M D R U G
T R A N S F E R D E V I C E
• A new material for a seal inside the next generation of
closed system drug transfer device
• Compliance with stringent regulatory standards:
• Biocompatibility to ISO10993
• USP VI compliance
• Provided regulatory support services and
expertise throughout extensive medical
approval process
• Provided a custom formulation compliant with
the highest healthcare regulatory standards
• Enabled material to be manufactured and
shipped globally
Custom Versalloy™ HC 9220-90 Formulation
KEY REQUIREMENTS
WHY AVIENT?