https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
D is t. ) K W R P P G A V Y F U L R P M G C P F M C H X L H U N E C L A S H E M N C E S C L Source: Peer data per Bloomberg market data as of November 8, 2021 Avient reflects 2021 estimated revenue of $4,750M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $580M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M) Source: Peer data per Bloomberg market data as of November 8, 2021 86 93 85 83 79 77 75 89 85 83 81 79 79 78 77 74 25 A vi en t K W R P P G A V Y F U L R P M G C P F M C U N V R C E B N R H X L A S H E C L E M N H U N S C L A L B (10) Source: Peer data per Bloomberg market data as of November 8, 2021 Total Enterprise Value / 2021E EBITDA Our current valuation with updated guidance implies an EBITDA multiple that is below many of our specialty formulator peers.
With the Clariant Color business acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 33 Avient reflects 2021 estimated EBITDA of $580M OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 11.4 20.2 16.7 16.5 14.7 12.0 10.8 40.7 29.9 26.2 13.2 12.4 11.0 10.9 9.1 9.0 7.5 6.5 A vi en t K W R P P G A V Y R P M F U L G C P A L B H X L E C L A S H F M C B N R S C L U N V R E M N C E H U N SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2024-02/Sant Andreu_ISO22000.pdf
C er ti fi ed M anagement System s by Switzerland Certificate The SQS herewith attests that the organisation named below has a management system that meets the requirements of the normative base mentioned.
C/Carretera.
https://www.avient.com/sites/default/files/2025-08/OnColor Combination MIC Color - Center Console - Application Snapshot.pdf
AUTOMOTIVE OEM C E N T R A L C O N S O L E P A R T • Metallic aspect • Good surface appearance • UV resistance • Cost effective alternative to paint • Offered a paint replacement solution with a molded-in-color metallic effect • Provided color matching expertise • Utilized simulation tools to predict part aspect and suggest the best injection point for process and mold optimization • Optimized formulation for metallic effects Smartbatch Combination Colorants & Additives KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-12/Archery Cable Guard Application Snapshot.pdf
CABLE GUARD C O M P O U N D A R C H E R Y B O W • Consistent quality that withstands extreme outdoor conditions • Dimensional stability to improve durability and extend product life • Lightweight material for easy customer handling • Strong, long-lasting quality • Maintained stiffness and straightness while upholding performance and aesthetic specifications • Provided dimensional stability necessary for outdoor applications • High strength-to-weight ratio enabled high performance without adding significant weight Glasforms™ Pultruded Carbon Fiber Rod KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-10/bergamid-house-of-sports-gun-case-study-one-pager-1020.pdf
UTG® HUNTING & SHOOTING SPORTS G U N M A G A Z I N E H O U S I N G • Good dimension stability with low warpage at different temperature ranges (70˚C, room temperature, -40˚C) • Good appearance with less glass fiber exposure • Provided durable and impact-resistant glass fiber reinforced formulation with excellent surface finish and good dimensional stability for smooth operation • Passed all temperature durability and drop tests to confirm use in outdoor environments • Collaborated with customer via technology services to accelerate product development Bergamid™ Customized Polyamide Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/trilliant-xr-ct-and-mri-scanners.pdf
Trilliant XR - CT and MRI Scanners MEDICAL DEVICE MANUFACTURER M R I A N D C T S C A N N E R S • Uniform shielding with no “hot spots” • X-ray shielding up to 140 KeV • Meet European Union’s Restriction of Hazardous Substances (RoHS) future compliance requirements • Provided a lead alternative solution that delivered improved geometric flexibility for more uniform radiation shielding • Lowered shielding component costs 30-50% by eliminating machining and assembly steps Trilliant™ XR Lead Replacement Thermoplastics KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-01/case-study-one-pager-lubrione-vacuum-cleaner-gear.pdf
VACUUM CLEANER MANUFACTURER G E A R O F V A C U U M C L E A N E R • Excellent wear resistance • Durability • Cost effective • Our product provides excellent wear resistance to improve durability and product life cycle. • Offered one-stop solution for technology services to meet customer demands of cost and performance LubriOne™ LB6600-8019 AR NC001 Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-01/LubriOne-Disposable Medical Tray-Application snapshot.pdf
MEDICAL DEVICE MANUFACTURER D I S P O S A B L E M E D I C A L T R A Y • Excellent wear resistance that can sustain a minimum of 2,000 rotations • Withstand freezing temperature as low as -20°C • Can be sterilized by EtO • Delivered excellent wear resistance performance to fully meet customer’s request • Provided dimensional stability required for this medical application • Reduced friction to lower the noise during operation LubriOne™ Internally Lubricated Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-02/Edgetek-Surgical torque wrench-Application snapshot.pdf
S U R G I C A L T O R Q U E W R E N C H SURGICAL DEVICE MANUFACTURER • Excellent wear resistance and lubricity • Easy-to-mold • Good chemical resistance, excellent disinfection performance • Dimensional stability • Formulated a specialty thermoplastic that retained physical properties and dimensional stability under various testing conditions • Provided a custom solution faster than competitors to support accelerated speed to market Edgetek™ Engineered Polymer Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2025-02/MAXXAM Living Wall Planter Application Snapshot.pdf
B&C COMPANY L I V I N G W A L L P L A N T E R • Non-halogen flame retardant formulation • SBI fire test rating of B-S2-D0 • Good durability and UV stability • Easy to process • Good cost/performance • Provided an optimal balance of fire safety and durability • Improved environmental responsibility for construction application • Supported the appealing design and surface aesthetic Maxxam NHFR Non-Halogen Flame Retardant Polyolefin Formulation KEY REQUIREMENTS WHY AVIENT?
All Rights Reserved. https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/maxxam-fr-flame-retardant-formulations-and-maxxam-nhfr-non-halogen-flame-retardant-formulations Slide 1: B&C company