https://www.avient.com/sites/default/files/2023-11/ISO 9001_EN_Changzhou.pdf
Unified social credit code: 91320412MA1NMF5W4P is in conformity with Quality Management System Standard: GB/T19001-2016 / ISO9001:2015 The certificate is valid to the following product(s)/service: Textile (Yarn), Glass Products (Yarn) Coating Processing Registration Address/ Physical Address: R&D Workshop 5, No. 8, Lanxiang Road, West Taihu Science and Technology Industrial Park, Changzhou City, Jiangsu Province, P.
https://www.avient.com/sites/default/files/resources/TRA%2520-%25202016%2520Annual%2520Report%2520for%252015%2520Tideman.pdf
Business Number: 898451794 Mailing Address: Delivery Mode: GeneralDelivery Address Line 1: 17 Tideman Drive City, Province/Territory, Postal Code: Orangeville Ontario L9W3K3 Country: Canada Facility Name: Orangeville Plasticizer NAICS Code: 326198 NPRI ID: 2277 Physical Address: Address Line 1: 15 Tideman Drive City, Province/Territory, Postal Code: Orangeville Ontario L9W3K3 Country: Canada Latitude: 43.9133 Longitude: 80.1158 Contact Type Technical Contact, Company Coordinator, Public Contact, Person who coordinated the preparation of the Toxics Reduction Plan Name: Brian Greer Position: EHS Manager Telephone: 5192150535 Email: brian.greer@polyone.com Contact Type Certifying Official Name: Darryl Chartrand Position: Senior Air Quality Technologist Telephone: 4164999000 about:/V003/Html http://www.canada.gc.ca/home.html http://www.servicecanada.gc.ca/eng/home.shtml http://www.canada.gc.ca/aboutgov-ausujetgouv/depts/menu-eng.html https://ec.ss.ec.gc.ca/auth/en/Services about:blank# about:blank# about:blank# about:/V003/Logout_Deconnexion http://ec.gc.ca/default.asp?
lang=En&n=FD9B0E51-1 https://ec.ss.ec.gc.ca/auth/en/Services about:/ about:/ about:/ General Information Substance List CAS RN Substance Name Releases Releases (Speciated VOCs) Disposals Recycling Unit 103231 Bis(2ethylhexyl) adipate 0.0000 N/A N/A N/A tonnes 117817 Bis(2ethylhexyl) phthalate 0.0001 N/A N/A N/A tonnes 85449 Phthalic anhydride N/A N/A N/A N/A tonnes Extension 73642 Fax: 4164994687 Email: darryl.chartrand@ch2m.com Contact Type Highest Ranking Employee Name: Robert Greenop Position: Plant Manager Telephone: 5199385865 Email: robert.greenop@polyone.com Mailing Address: Address Line 1: City, Province/Territory, Postal Code: None Country: None Contact Type Person who prepared the report Name: Najat Kamal Position: EHSQ specialist Telephone: 5148089920 Email: najat.kamal@polyone.com Mailing Address: Delivery Mode: GeneralDelivery Address Line 1: City, Province/Territory, Postal Code: None Country: None Number of employees: 16 Activities for Which the 20,000Hour Employee Threshold Does Not Apply: None of the above Activities Relevant to Reporting Dioxins, Furans and Hexacholorobenzene: None of the above Activities Relevant to Reporting of Polycyclic Aromatic Hydrocarbons (PAHs): Wood preservation using creosote: No Is this the first time the facility is reporting to the NPRI (under current or past ownership): No Is the facility controlled by another Canadian company or companies: No Did the facility report under other environmental regulations or permits: No Is the facility required to report one or more NPRI Part 4 substances (Criteria Air Contaminants): No Operating Schedule Days of the Week: Mon, Tue, Wed, Thu, Fri Usual Number of Operating Hours per day: 24 Usual Daily Start Time (24h) (hh:mm): 07:00 CAS RN Substance Name Releases Releases (Speciated VOCs) Disposals Recycling Unit Applicable Programs CAS RN Substance Name NPRI ON MOE TRA ON MOE Reg 127/01 First report for this substance to the ON MOE TRA 103231 Bis(2ethylhexyl) adipate Yes Yes Yes 117817 Bis(2ethylhexyl) phthalate Yes Yes No 85449 Phthalic anhydride Yes Yes No General Information about the Substance Releases and Transfers of the Substance CAS RN Substance Name Was the substance released onsite The substance will be reported as the sum of releases to all media (total of 1 tonne or less) 1 tonne or more of a Part 5 Substance (Speciated VOC) was released to air 103231 Bis(2 ethylhexyl) adipate Yes Yes No 117817 Bis(2 ethylhexyl) phthalate Yes Yes No 85449 Phthalic anhydride No No No General Information about the Substance Disposals and Offsite Transfers for Recycling CAS RN Substance Name Was the substance disposed of (onsite or off site), or transferred for treatment prior to final disposal Is the facility required to report on disposals of tailings and waste rock for the selected reporting period Was the substance transferred offsite for recycling 103231 Bis(2 ethylhexyl) adipate No No No 117817 Bis(2 ethylhexyl) phthalate No No No 85449 Phthalic anhydride No No No General Information about the Substance Nature of Activities CAS RN Substance Name Manufacture the Substance Process the Substance Otherwise Use of the Substance 103231 Bis(2ethylhexyl) adipate For sale/distribution As a formulation component As a byproduct 117817 Bis(2ethylhexyl) phthalate For sale/distribution As a formulation component As a byproduct 85449 Phthalic anhydride As a byproduct As a reactant As a byproduct TRA Quantifications CAS RN Substance Name Use, Creation, Contained in Product Quantity Use ranges for public reporting 103231 Bis(2ethylhexyl) adipate Use 0.000 tonnes Yes 103231 Bis(2ethylhexyl) adipate Creation 27.159 tonnes Yes 103231 Bis(2ethylhexyl) adipate Contained in Product 27.159 tonnes Yes 117817 Bis(2ethylhexyl) phthalate Use 0.000 tonnes Yes 117817 Bis(2ethylhexyl) phthalate Creation 0.104 tonnes Yes 117817 Bis(2ethylhexyl) phthalate Contained in Product 0.104 tonnes Yes 85449 Phthalic anhydride Use 4228.7 tonnes Yes 85449 Phthalic anhydride Creation 0.000 tonnes Yes 85449 Phthalic anhydride Contained in Product 4228.7 tonnes Yes TRA Quantifications Others CAS RN Substance Name Change in Method of Quantification Reasons for Change Description of how the change impact tracking and quantification of the substance Description of how an incident(s) affected quantifications Significant Process Change 103231 Bis(2 ethylhexyl) adipate No 117817 Bis(2 ethylhexyl) phthalate No 85449 Phthalic anhydride No CAS RN Substance Name Change in Method of Quantification Reasons for Change Description of how the change impact tracking and quantification of the substance Description of how an incident(s) affected quantifications Significant Process Change Total Quantity Released (All Media) CAS RN Substance Name Category Basis of Estimate Detail Code Quantity 103231 Bis(2ethylhexyl) adipate Total Quantity Released O Engineering Estimates 0.0000 tonnes 117817 Bis(2ethylhexyl) phthalate Total Quantity Released O Engineering Estimates 0.0001 tonnes Onsite Releases Quarterly Breakdown of Annual Releases CAS RN Substance Name Quarter 1 Quarter 2 Quarter 3 Quarter 4 117817 Bis(2ethylhexyl) phthalate 25 25 25 25 Onsite Releases Reasons for Changes in Quantities Released from Previous Year CAS RN Substance Name Reasons for Changes in Quantities from Previous Year Comments 103231 Bis(2ethylhexyl) adipate No significant change (i.e. < 10%) or no change 117817 Bis(2ethylhexyl) phthalate No significant change (i.e. < 10%) or no change 85449 Phthalic anhydride No significant change (i.e. < 10%) or no change Disposals Reasons and Comments CAS RN Substance Name Reasons Why Substance Was Disposed Reasons for Changes in Quantities from Previous Year Comments 103231 Bis(2ethylhexyl) adipate No significant change (i.e. < 10%) or no change 117817 Bis(2ethylhexyl) phthalate No significant change (i.e. < 10%) or no change 85449 Phthalic anhydride No significant change (i.e. < 10%) or no change Recycling Reasons and Comments CAS RN Substance Name Reasons Why Substance Was Recycled Reasons for Changes in Quantities Recycled from Previous Year Comments 103231 Bis(2ethylhexyl) adipate No significant change (i.e. < 10%) or no change 117817 Bis(2ethylhexyl) phthalate No significant change (i.e. < 10%) or no change 85449 Phthalic anhydride No significant change (i.e. < 10%) or no change Comparison Report Enters, Creation, Contained in Product CAS RN Substance Name Is Breakdown Category Quantity Last Reported Quantity Reporting Period of Last Reported Quantity Change % Change 117817 Bis(2ethylhexyl) phthalate No Enters the facility (Use) 0.000 tonnes 0.000 tonnes 2015 0.000 117817 Bis(2ethylhexyl) phthalate No Creation 0.104 tonnes 52.387 tonnes 2015 52.283 99.80 117817 Bis(2ethylhexyl) phthalate No Contained in Product 0.104 tonnes 52.387 tonnes 2015 52.283 99.80 85449 Phthalic anhydride No Enters the facility (Use) 4228.7 tonnes 417.417 tonnes 2015 3811.283 913.06 85449 Phthalic anhydride No Creation 0.000 tonnes 0.000 tonnes 2015 0.000 85449 Phthalic anhydride No Contained in Product 4228.7 tonnes 417.417 tonnes 2015 3811.283 913.06 Comparison Report Enters, Creation, Contained in Product : Reason(s) for Change CAS RN Substance Name Reason(s) for Change Other Reason 117817 Bis(2ethylhexyl) phthalate Decrease in production levels Implementation of actions outside of toxics reduction plan 85449 Phthalic anhydride Increase in production levels Comparison Report Onsite Releases CAS RN Substance Name Is Breakdown Category Quantity Last Reported Quantity Reporting Period of Last Reported Quantity Change % Change 117817 Bis(2ethylhexyl) phthalate No Total Releases to Air 0 tonnes CAS RN Substance Name Is Breakdown Category Quantity Last Reported Quantity Reporting Period of Last Reported Quantity Change % Change 117817 Bis(2ethylhexyl) phthalate No Total Releases to Water 0 tonnes 117817 Bis(2ethylhexyl) phthalate No Total Releases to Land 0 tonnes 117817 Bis(2ethylhexyl) phthalate No Total Releases to All Media 0.0001 tonnes 0.0000 tonnes 2015 0.0001 100 Comparison Report Onsite Releases Reason(s) for Change CAS RN Substance Name Reason(s) for Change Other Reason 117817 Bis(2ethylhexyl) phthalate No reasons quantities approximately the same Pollution Prevention Progress on TRA Plan Objectives CAS RN Substance Name Objectives 117817 Bis(2 ethylhexyl) phthalate Polyone will strive to reduce the use of this substance at the facility.
Submitted Report Period Submission Date Facility Name Province City Programs 2016 30/04/2018 Orangeville Plasticizer Ontario Orangeville NPRI,ON MOE TRA Note: If there is a change in the contact information for the facility, a change in the owner or operator of the facility, if operations at the facility are terminated, or if information submitted for any previous year was mistaken or inaccurate, please update this information through SWIM or by contacting the National Pollutant Release Inventory directly. http://www.ec.gc.ca/default.asp?
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-news-release.pdf
The company maintains its previously communicated full-year adjusted EPS guidance of $3.00, which is an increase of 55% over the prior year adjusted EPS of $1.93. 2 "This has been one of the most challenging years we have experienced as a result of navigating the COVID pandemic and an unprecedented combination of inflation, supply chain disruptions, and labor shortages,” Mr.
Upcoming Investor Day “Planning is underway for our investor day in New York City on December 9.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
Page 3 Strategy and Execution Drive Results 90% $22 $24 PolyOne Stock Price 50% 70% $18 $20 $22 S&P 500 (relative performance) 30% $12 $14 $16 S&P 500 (relative performance) ‐10% 10% $6 $8 $10 50% ‐30% $0 $2 $4 $ | ‐50%$0 2006 2007 2008 2009 2010 2011 2012 2013 Page 4 Four Pillar Strategy The World’s Premier Provider of SpecializedThe World s Premier Provider of Specialized Polymer Materials, Services & Solutions Page 5 Spartech – Compelling Strategic Rationale • Spartech expands PolyOne’s specialty portfolio with adjacent technologies in attractive end markets Bolt on acquisition with opportunity for global expansion as only Bolt‐on acquisition with opportunity for global expansion, as only 6% of Spartech’s revenues are outside of North America • PolyOne has a proven management team with a track record of transformational success • Preliminary synergy estimated at $65 million run rate by end of 3year 3 Significant opportunity to expand profitability by leveraging PolyOne’s four pillar strategy • Substantial potential share price appreciation for all shareholders f f ll / $ Accretive to EPS in first full year post‐acquisition / $0.50 once synergies realized Page 6 Mix Shift Highlights Specialty Transformation Old PolyOne Transformation 100% 2015 Target 80% In co m e* 65 – 75%40% 60% f O pe ra tin g 34% 43% 45% 65 75% 20% % o f 2%0% 2005 2008 2010 2012 2015 Specialty OI $5M $46M $87M $114M Target *Operating Income excludes corporate charges and special items JV's PP&S Distribution Specialty Page 7 Proof of Performance 2007 2012 2015 “Where we were” “Where we are” “Where we Where we were Where we are expect to be" 1) Operating Income % Specialty 3.2% 9.1% 12 – 16% PP&S 6.1% 9.0% 9 – 12% Distribution 3.0% 6.4% 6 – 7.5% 2) Specialty Platform sss% of Operating Income 20% 45% 65 – 75% 3) ROIC* ( ft t ) 7% 11% 15%3) ROIC* (after‐tax) 7% 11% 15% 4) Adjusted EPS Growth** N/A 4 yr CAGR = 55% Double Digit Expansion *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period **4 yr EPS CAGR calculated using 2012 adjusted EPS vs 2008 adjusted EPS Page 8 Proof of Performance Spartech Opportunity Intermediate PolyOne Spartech Opportunity 2006 2012 Today Goal “Where we were” “Where we are” “Where Spartech is”* “Where we can go”were are Spartech is can go Specialty Operating Margin 1.5% 9.1% 2.2% 8.0% – 10.0% Margin Page 9 *Pro Forma results include Spartech corporate allocations for FY12 ended November 3, 2012 At a Glance PolyOne Europe 14% Canada 8% Asia 5% Latin America 3% Distribution 2012 Revenues: $4.2 Billion* 2012 Revenues: $4.2 Billion* United States 70% 14% 5% PP&S 20%Specialty 57% 23% 70% Appliance 5% Building & HealthCare Transportation 16% Textiles 2% 1.02 1.20 $1.20 $1.40 ha re End Markets* EPS Growth g Construction 14% Wire & Cable 8% Consumer 8% Packaging 17% Industrial 11% Misc. 6% 9% 0.27 0 21 0.79 $0.40 $0.60 $0.80 $1.00 Ad ju st ed E ar ni ng s P er S Electrical & Electronics 4% 0.12 0.21 0.13 $0.00 $0.20 2006 2007 2008 2009 2010 2011 2012 Page 10 * Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms At a Glance Specialty U it d 2012 Revenues: $2.4 Billion* Solutions United States 59% Europe 23% Asia Canada 4% Asia 9% Latin America 5% Appliance 4% Building & C t ti HealthCare 5% Transportation 16% Textiles 2% % o f S al es 12-16% End Markets* Expanding Profits Construction 11% Wire & Cable 7% Electrical & Electronics Packaging 23% Industrial 7% Misc. 15% 1.5% 3.2% 4.3% 5.3% 8.4% 9.1% O pe ra tin g In co m e % 8.0% Electronics 4% Consumer 6% Page 11 2006 2007 2008 2009 2010 2011 2012 2015 O Target* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms At a Glance Designed Structures and Solutions United States 2012 Revenues: $0.85 Billion* Solutions 84% Europe 2% Canada 7% Latin America 7% Appliance 4% Building & Construction 11% Wire & Cable Sign & Advertising 3% Recreation & Leisure 2% Pool & Spa 1% Distribution & Thermoform 8% Textiles 2% Operating Income % of Sales 2012 Revenue by Industry Segment* Expanding Profits** Wire & Cable 7% Electrical & Electronics 4% Consumer 6% Packaging 23%Industrial 7% Transportation 16% 3% 2.2% 8 ‐ 10% 7% Misc. 1% HealthCare 5% 2012 2015 Target Page 12 *Pro Forma includes FY2012 results for Spartech (11/03/12 YE) **Pro Forma results include Spartech corporate allocations for FY12 Positioned for Earnings Growth 2015 Target Rev: $5B Adj.
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
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Guatemala City, Guatemala 67.
Since 2007, we have raised more than $17.5 million for United Way chapters throughout North America.
https://www.avient.com/sites/default/files/resources/Clinton%2520IATF%252016949-2016%2520exp%25207-2-2021.pdf
ABS Quality Evaluations, Inc. 1701 City Plaza Drive, Spring, TX 77389, U.S.A.
https://www.avient.com/sites/default/files/2025-05/QMS10207-Certificate-02MAY2025%5B60%5D.pdf
Rev1 This certificate’s validity is subject to the organization maintaining their system in accordance with ABS Quality Evaluations, Inc. 1701 City Plaza Dr Spring, TX 77389 USA requirements for management system certification.
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
AVIENT: WHO WE ARE 38 21 9 34 • U.S. and Canada • Latin America • Europe, Middle East & Africa • Asia 25,000+ CUSTOMERS Headquartered in Avon Lake, OH (Cleveland) 8,700+ employees 100+ manufacturing plants Key Financial Data 2022E Sales $5.1 billion 2022E EBITDA $635 million 2022E EPS $3.50 >70% ARE CUSTOMIZED SOLUTIONS TO UNIQUE SPECIFICATIONS of sales 3 WHO WE ARE – VISION, STRATEGY, CULTURE 4 Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
FX) $429 $490 2021 2022E $3.05 $3.50 2021 2022E FY 2022 PERFORMANCE (TOTAL COMPANY) 16 $4,819 $5,100 2021 2022E + 6% (+ 8% excluding FX) Adjusted EPS + 14% (+ 17% excluding FX) + 15% (+ 18% excluding FX) (in millions) (in millions) Sales Adjusted Operating Income 17 CASH FLOW / LEVERAGE ($ millions) 2022E Cash Flow from Operating Activities 400$ Less: Run-Rate CapEx (90) CapEx for Clariant Integration (10) CapEx for IT System Upgrade (15) Total CapEx (115) Free Cash Flow 285$ Adjusted EBITDA 635$ Net Debt / Adjusted EBITDA 1.7x DYN E E MA ACQ U I S I T I O N 19 15x stronger than steel Reduces weight by 30% vs. other solutions Well-maintained global asset base poised to serve growing demand • Purchase price of $1.48B represents 11.4x multiple of 2022 EBITDA • Acquisition will expand Avient’s composites and fiber portfolio with Dyneema®, the World’s Strongest Fiber™ • $415M sales and 30%+ EBITDA margins; Immediately accretive to pro forma 2022 EPS, adding $0.35 • 1,300 patents globally, ~50% of sales patent protected • 1,000+ employees across global production network and dedicated technology centers • Composites platform will increase from $261M to $680M in revenue and from $49M to $180M in EBITDA Indicates Dyneema® location $175M (42%) $65M (16%) $175M (42%) 2022E Sales By Region ($M) (1) $0.35 EPS excludes intangible amortization (2) Based on 2022 expected results (1) (2) (2) FIT WITH FOUR PILLAR STRATEGY 20 Specialization • Innovation-led organization with tremendous intellectual property value in trademarks, patents and “know-how” • Deep history of application development and premium, leading brand with the World’s Strongest FiberTM Globalization • Global customer base with an established presence across all major geographic regions • Global technology centers complement existing Composites applications and expertise Operational Excellence • Best-in-class safety performance • Well-run and maintained asset base fit to serve future growth • Highly effective and reliable supply chain with emphasis on optimizing service to customers Commercial Excellence • Deep customer relationships extend across the value chain and drive ability to grow • Offer a full suite of services with an active role in design, development and commercialization People Experienced and talented associates with a passion for safety, specialization and winning DYNEEMA® OVERVIEW K E Y I N D U S T R I E S PERSONAL PROTECTION Military • Law Enforcement • First Responders Body Armor • Helmets • Vehicle Protection $215M MARINE & SUSTAINABLE INFRASTRUCTURE Towing / Mooring • Aquaculture • Floating Wind • Offshore Cranes $130M CONSUMER Consumer • Outdoor High Performance • Safety Equipment $70M 21 Figures reflect 2022 expected sales MIFOverview Competition Valuechain & Go-to-market Strategy Innovation Financials TECHNOLOGY 22 1,200 1,300 2,500 Avient Dyneema Combined Patents • True specialty business – the World’s Strongest Fiber™ • Deep history of application development with customers, strongest in the industry • The only UHMwPE (ultra-high molecular weight polyethylene) fiber producer that is backward integrated o Provides innovation advantage through control of all steps of the process • Complementary with our existing reinforced film expertise (PolyStrand) and engineered fiber presences (Fiber-Line) WINNING PROPERTIES Ultra high strength vs. weight Highly flexible Floats on water Chemically inert; no smell/taste and non-toxic High resistance to UV radiation Self-lubricating, with low friction One-of-a-kind technology ® FORMULATION PROCESS 23 • Like Avient, Dyneema® offers similar core competencies around formulation and material science • Technology that combines polymers and fibers to provide specialized, high performing solutions for customers • Design capabilities ensure that applications are highly customized for the specified end use DYNEEMA® IN THE VALUE CHAIN 24 UHMwPE Fiber / Tapes Military Personnel, Law Enforcement Heavy Marine, Offshore Wind Energy and Mooring, Aquaculture Outdoor, Footwear, Apparel, Inflatables • Material Science • Formulation • Service INTERMEDIATE MANUFACTURING (CUSTOMERS) OEM / APPLICATION DEMAND TRENDS 25 • Military spending and near-term demand for higher performing personal protection products (like Dyneema®) expected to increase o European NATO members annual defense spend expected to increase by up to 20%(1) o Japan aiming to almost double defense spending over the next 5 years(2) o Accelerated launch of next generation technology in North America • Policy-driven demand for sustainable energy; growth in floating offshore wind farms which require advanced, durable technology o Offshore wind expected to grow at a CAGR of 32% with the level of annual installations quadrupling over the next five years(3) • Continued investment in aquaculture as a sustainable food source(4) • Strong demand in outdoor high performance space across niche consumer applications aligns with 10% growth assumption for Avient’s Composites portfolio Sources: (1) “Funding NATO”, NATO.int (April 1, 2022) (2) “Japan Ruling Party Calls for Defense Spending Boost to 2% of GDP”, WSJ (April 21, 2022) (3) “Global Wind Report 2021”, Global Wind Energy Council (4) “Aquaculture Supports a Sustainable Earth”, NOAA Fisheries 26 A L I G N M E N T W I T H S U S T A I N A B I L I T Y G O A L S PRODUCTS AVIENT’S EXISTING COMPOSITES PORTFOLIO D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G M A N U F A C T U R E R S A N D O E M S LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers 27 AVIENT’S COMPOSITES PORTFOLIO SALES AND EBITDA 28 $74 $84 $216 $212 $261 $5 $10 $32 $41 $49 $180 0 50 100 150 200 $- $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750 2017 2018 2019 2020 2021 2022E $680 ($ in millions) • Dyneema® acquisition will further improve Composites EBITDA margins to 26% • Dyneema® will complement our existing portfolio with deep formulation expertise, innovative culture and global commercial presence • Composites will continue to be a key growth driver to deliver future revenue growth in excess of GDP (1) Pro forma for the acquisition of Dyneema® (1) DISTRIBUTION DIVESTITURE CONSIDERATIONS DISTRIBUTION HIGHLIGHTS 30 $21 $57 $69 $94 $105 0 50 100 150 2006 2011 2016 2021 2022E • Leading North American Distribution business with longstanding blue-chip supplier and customer relationships • Commercial excellence and regulatory knowledge have grown healthcare portfolio to over 25% of sales and positioned business for long-term growth • Highly specialized portfolio of engineered polymers along with sustainable solution offerings • Leading digital capabilities through Avient Now, allowing enhanced visibility and 24/7 interface with customers • 98% free cash flow conversion drives greater than 30% after-tax return on invested capital (ROIC) • Potential divestiture allows us to remain modestly leveraged with net debt to adjusted EBITDA expected to be 2.9x and positions us for further specialty growth in the future EBITDA (in $M) DYNEEMA® TRANSACTION OVERVIEW 31 - $1.48B net purchase price - Represents 11.4x expected 2022 EBITDA - Committed financing in place - Permanent financing to be combination of available cash on-hand, new Senior Unsecured Notes, new Senior Secured Term Loan - Potential proceeds from Distribution divestment could be used to pay down near-term maturing debt - Closing expected in second half of 2022, subject to regulatory approvals and certain customary closing conditions Transaction Value Financing Closing Conditions / Timing CAPITAL STRUCTURE / LEVERAGE 32 • Financing commitments secured from Morgan Stanley and J.P.
OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 5.4 8.5 10.1 9.8 13.8 12.8 12.1 11.8 10.2 21.0 19.2 16.8 13.7 13.6 8.8 8.7 8.7 8.3 8.0 5.6 Av ie nt (2 01 1) Av ie nt (2 01 6) Av ie nt (2 02 1) Av ie nt (T od ay ) R PM PP G KW R AV Y FU L AL B EC L H XL AS H FM C BN R EM N U N VR C E SC L H U N Historic Multiple APPENDIX Performance Additives 15% Pigments 13% TiO2 11% Dyestuffs 3%Polyethylene 12% Nylon 6% Polypropylene 5% Other Raw Materials 30% Styrenic Block Copolymer 5% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 48 • Significant raw material price inflation and tight inventory continued in Q1 2022 o The average cost of hydrocarbon based materials was up 30% o The average cost of non-hydrocarbon based materials was up 20% • Additionally, we continued to experience other supply chain challenges during Q1 related to raw material spot purchases, freight constraints and productivity loss as a result of these shortages Annual Purchases RAW MATERIAL AND SUPPLY CHAIN UPDATE Based on 2021 purchases, excludes Distribution business SEGMENT DATA U.S. & Canada 50% EMEA 25% Asia 16% Latin America 9% 2021 SEGMENT, END MARKET AND GEOGRAPHY 50 GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 23% Packaging 19% Industrial 16% Building and Construction 10% Telecommunications 4% Energy 2% END MARKET REVENUE (1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs $2,402M $409M $919M $164M $1,631M $94M Sales EBITDA Distribution Specialty Engineered Materials Color Additives and Inks $581M$4,819M (1) Transportation 11% Healthcare 15% Packaging 34% Consumer 21% Healthcare 8% Industrial 16% Building & Construction 10% Transportation 9% Energy 1% Telecommunications 1% C O L O R , A D D I T I V E S & I N K S 2021 REVENUE | $2 .4 BILLION US & Canada 32% EMEA 40% Asia 21% Latin America 7% END MARKET REGION 51 All charts reflect 2021 financials 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 Consumer 27% Healthcare 10% Packaging 7% Telecommunications 16% Transportation 11% Industrial 11% Building & Construction 11% Energy 7% 2021 REVENUE | $919 MILLION END MARKET US & Canada 55% EMEA 25% Asia 20% REGION 52 All charts reflect 2021 financials DI S T RI BU T I O N Healthcare 26% Consumer 23% Packaging 5% Industrial 20% Transportation 16% Building and Construction 8% Energy 1% Telecommunications 1% US & Canada 80% Asia 3% Latin America 17% END MARKET REGION K EY SU PPL IER S 2021 REVENUE | $1 .6 BILLION 53 All charts reflect 2021 financials TOTA L C O M PA N Y R E G I O N A L S A L E S BY END MARKET Packaging 30% Consumer 26%Healthcare 13% Industrial 14% Building & Construction 5% Telecommunications 2% Energy 2% Asia (16% of sales) Transportation 8% Packaging 32% Consumer 13% Healthcare 5% Industrial 17% Building & Construction 12% Telecommunications 5% Energy 4% EMEA (25% of sales) Transportation 12% 54 Consumer 25% Healthcare 19% Packaging 10% Industrial 17% Building & Construction 10% Telecommunications 4% Energy 2% US & Canada (50% of sales) Transportation 13% Packaging 38% Consumer 33% Healthcare 8% Industrial 10% Building & Construction 5% Telecommunications 1% LATAM (9% of sales) Transportation 5% All charts reflect 2021 financials 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/resources/Changzhou_ISO14001.pdf
Unified social credit code: 91320412MA1NMF5W4P is in conformity with Environmental Management System Standard: GB/T24001-2016 / ISO14001:2015 The certificate is valid to the following product(s)/service: Textile (Yarn), Glass Products (Yarn) Coating Processing and Related Management Activities Registration Address/ Physical Address: R&D Workshop 5, No. 8, Lanxiang Road, West Taihu Science and Technology Industrial Park, Changzhou City, Jiangsu Province, P.
https://www.avient.com/sites/default/files/2024-12/ISO 9001_English_Changzhou.pdf
Unified social credit code: 91320412MA1NMF5W4P is in conformity with Quality Management System Standard: GB/T 19001-2016 / ISO 9001:2015 The certificate is valid to the following product(s)/service: Coating Processing of Textile (Yarn) and Glass Products (Yarn) Registration Address/ Physical Address: R&D Workshop 5, No. 8, Lanxiang Road, West Taihu Science and Technology Industrial Park, Changzhou City, Jiangsu Province, P.