https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Giuseppe Di Salvo.pdf
He joined Avient in 2011 as Assistant Controller and later served as Director, Finance for the company’s Global Color, Additives & Inks business segment.
https://www.avient.com/sites/default/files/2023-03/63431-ECert.pdf
Toluca 2000 Toluca, Estado de México 50233 México IATF 16949:2016 The Quality Management System is applicable to: Certificate No: 63431 Effective Date: 25 February 2022 Expiration Date: 24 February 2025 Revision Date: 25 February 2022 IATF No: 0444538 Dominic Townsend, President DESIGN AND MANUFACTURE OF COLOR CONCENTRATES (WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX) Certificate Of Conformance has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by: Page 2 of 2 ABS Quality Evaluations Avient de México, S.A. de C.V.
https://www.avient.com/sites/default/files/2023-08/SEM Solutions for E-Batteries Infographic_v2.pdf
BATTERY JUNCTION BOX Stat-Tech™ Static Dissipative & Electrically Conductive Formulations Surround™ EMI/RFI Shielding Formulations • Integrated EMI/RFI shielding • Lightweight • Easier to process vs metals MODULE CONNECTOR Therma-Tech™ Thermally Conductive Formulations • Flame resistance • Easy molding • Good stiffness and mechanical strength • Thermal conductivity EV CONNECTOR Edgetek™ PKE Polyketone Formulations • Excellent chemical resistance • Low moisture uptake • Non-halogenated flame retardant performance • Colorable (RAL Orange) • Reduced carbon footprint vs PA6 and PA66 COOLING SYSTEM Therma-Tech™ Thermally Conductive Formulations • Tensile strength • Chemical resistance • Thermal conductivity BATTERY FRAME Maxxam™ FR Flame Retardant Polyolefin Formulations Edgetek™ Engineered Polymer Formulations Polystrand™ Continuous Glass Fiber Reinforced Thermoplastics • Flame resistance • Easy molding • Lightweight • Non-halogenated flame retardant HOUSING TRAY OnForce™ Long Glass Fiber Reinforced Polypropylene Composites Stat-Tech™ Static Dissipative & Electrically Conductive Formulations Polystrand™ Continuous Glass Fiber Reinforced Thermoplastics • Design integration & freedom • Structural performance • EMI shielding BATTERY MANAGEMENT CONTROLLER Stat-Tech™ Static Dissipative & Electrically Conductive Formulations Surround™ EMI/RFI Shielding Formulations • Integrated EMI/RFI shielding • Lightweight • Easier to process vs metals BATTERY HOUSING/COVER OnForce™ Long Glass Fiber Reinforced Polypropylene Composites Complēt™ Long Fiber Reinforced Structural Thermoplastics • Metal replacement • Lightweighting • Flame retardancy • Structural performance • Design integration & freedom Polystrand™ Continuous Glass Fiber Reinforced Thermoplastics • Localized biaxial reinforcement • Impact performance • Overmolding compatibility • Flame retardancy • Integrated assembly point stiffening ENGINEERED MATERIALS FOR EV BATTERIES CELL MODULE Therma-Tech™ Thermally Conductive Formulations • Flame resistance • Easy molding • Good stiffness and mechanical strength • Thermal conductivity UNDERBODY PROTECTION Polystrand™ Continuous Glass Fiber Reinforced Thermoplastics • Superior impact performance • Significantly lighter than steel • Simplified integration with housing • Corrosion resistance • Flame retardancy
https://www.avient.com/sites/default/files/2024-06/EEO Policy Jan 2024.pdf
Avient Corporation maintains a policy of non-discrimination in providing equal employment to all qualified employees and candidates regardless of race, sex, sexual orientation, gender identity, age, color, religion, national origin, disability, genetic information, protected veteran’s status, or other legally protected classification in the state or locality in which a person is employed.
https://www.avient.com/sites/default/files/2021-04/eeo-updated-2020.pdf
Avient Corporation maintains a policy of non-discrimination in providing equal employment to all qualified employees and candidates regardless of race, sex, sexual orientation, gender identity, age, color, religion, national origin, disability, genetic information, protected veteran’s status, or other legally protected classification in the state or locality in which a person is employed.
https://www.avient.com/sites/default/files/2025-01/ColorMatrix Lactra ESL Infographic.pdf
Nutritional components in dairy products are photosensitive, making them susceptible to light degradation • Light protection in dairy packaging helps maintain product integrity and extend shelf life A LIGHT BLOCKING SOLUTION THAT PROVIDES: • Light blocking and whiteness in PET dairy packaging • Protection from 2 weeks up to 12 months shelf life • Compatibility with monolayer and multilayer PET preforms • Full compatibility with rPET • Food contact approved (region dependent) • Low TiO₂ levels to increase recyclability, aligning with the emergence of white recycle streams PASTEURIZED MILK Typical shelf life 5–10 days WHITE COLOR LACTRA ESL LACTRA SX or LACTRA 4 EXTENDED SHELF LIFE MILK Typical shelf life 2 weeks–3 months UHT MILK & PRODUCTS Typical shelf life 4–12 months Lightweighting/CO2 reduction Reduced LDR – material & cost savings Improved processing performance BENEFITS OF COLORMATRIX™ LACTRA™ Improved bottle performance Compatibility with rPET Helps to Protect Performance Energy efficiency Whiteness 85–92 L* 30% less life cycle emissions Increased machinery life cycle due to reduced wear & tear 80–100% light blocking performance © 2024, All Rights Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
https://www.avient.com/sites/default/files/2022-11/Avient Announces Third Quarter 2022 Results.pdf
Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Sales: Color, Additives and Inks $ 565.6 $ 586.6 $ 1,864.2 $ 1,820.3 Specialty Engineered Materials 258.2 231.7 743.6 685.3 Corporate and eliminations (0.5) (0.3) (1.3) 2.9 Sales $ 823.3 $ 818.0 $ 2,606.5 $ 2,508.5 Gross margin: Color, Additives and Inks $ 161.3 $ 172.1 $ 546.8 $ 563.0 Specialty Engineered Materials 66.9 61.4 201.3 192.6 Corporate and eliminations (32.8) (17.9) (37.4) (28.3) Gross margin $ 195.4 $ 215.6 $ 710.7 $ 727.3 Selling and administrative expense: Color, Additives and Inks $ 92.7 $ 105.3 $ 290.1 $ 321.1 Specialty Engineered Materials 35.5 31.4 96.4 94.2 Corporate and eliminations 26.6 26.1 81.3 82.4 Selling and administrative expense $ 154.8 $ 162.8 $ 467.8 $ 497.7 Operating income: Color, Additives and Inks $ 68.6 $ 66.8 $ 256.7 $ 241.9 Specialty Engineered Materials 31.4 30.0 104.9 98.4 Corporate and eliminations (59.4) (44.0) (118.7) (110.7) Operating income $ 40.6 $ 52.8 $ 242.9 $ 229.6 Depreciation & amortization: Color, Additives and Inks $ 24.2 $ 26.6 $ 76.1 $ 79.2 Specialty Engineered Materials 12.9 7.9 28.4 23.8 Corporate and eliminations 2.7 2.1 9.2 4.1 Depreciation & Amortization $ 39.8 $ 36.6 $ 113.7 $ 107.1 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 92.8 $ 93.4 $ 332.8 $ 321.1 Specialty Engineered Materials 44.3 37.9 133.3 122.2 Corporate and eliminations (56.7) (41.9) (109.5) (106.6) Other (expense) income, net (32.3) 1.6 (31.3) 4.3 EBITDA $ 48.1 $ 91.0 $ 325.3 $ 341.0 13 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) 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/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
& Canada EMEA Asia Latin America 64% 36% Specialty Engineered Materials Color Additives and Inks 40% 37% 18% 5% 6% 8% 24% 20% 10% 15% 9% 4% 4% Defense Healthcare Packaging Consumer Building & Construction Industrial Transportation Energy Telecom Geography Segment Industry 4 CREATING A WORLD-CLASS SUSTAINABLE ORGANIZATION 1. 6% annualized long term sales growth leveraging sustainable solutions, composites, healthcare and emerging regions 2.
WHAT WE DO: WE ARE A FORMULATOR CUSTOM FORMULATION 6 N OVE MBE R 2 , 2023 W E BCAS T P RE S E N TAT I O N Complementary technologies and customer relationships offer opportunity to advance commercial strategy Dyneema®, the world’s strongest fiber™, to accelerate growth of sustainable, ultralight and high performance applications AVIENT PROTECTIVE MATERIALS FIRST YEAR 8 Composites comprises over half of Specialty Engineered Materials, compared to 9% in 2016 Proven history of success in areas such as outdoor high performance, defense and sustainable solutions Composites 44% 56% 2023E Sales Collaboration & InnovationComposites as a % of SEM People & Culture Talented, passionate, and creative associates drive continued integration success and allow two cultures to come together as one Avient Lightweight Protective Laminates: PROJECTILE PROTECTION Dyneema® Fiber Solutions Cushioning + Fit + Comfort: LONG-TERM WEAR reSound™ Versaflex™ Thermoplastic Elastomers Strength + Durability + Light-Weighting: SOLID MOUNTING BRACKETS Nymax™ Bergamid™ Complēt™ Engineered Materials Durability + Lubricity: HELMET LATCHES Lubri-One™ Internally Lubricated Polymers Color Consistency and Weatherability CUSTOMIZED SPECIFICATIONS Avient Color and Additive Solutions Antennae Performance FAST, RELIABLE CONNECTIONS PREPERM™ Low-Loss Dielectric Thermoplastics AVIENT PROTECTIVE MATERIALS CROSS SELLING OPPORTUNITIES Wired Connections CONSTANT COMMUNICATION Syncure™ Cross-linkable Wire & Cable Formulations9 10 AVIENT PROTECTIVE MATERIALS CROSS SELLING OPPORTUNITIES 10 Q 3 P E RFO RMAN CE 15.4% 16.3% 2022 PF 2023 Results vs.
Avient 2011, 2018 and 2021 multiples reflect trailing 12 months EBITDA at December 31. 28 EV / 2023E EBITDA 6.5 8.5 11.0 10.8 16.1 15.5 14.1 14.0 10.3 21.0 19.0 14.3 12.1 11.8 11.7 11.5 9.7 20 11 20 18 20 21 20 23 R PM AV Y PP G KW R FU L EC L H XL SC L C E FM C AS H H U N EM N Avient Historic Multiple Avient Specialty Formulators Other Specialty / Chemical Companies AP P E N DI X 30 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 2022 pro forma results for the acquisition of Avient Protective Materials RAW MATERIAL BASKET 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% 32 (1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs 2022 REVENUE | $2 .4 BILLION US & Canada 34% EMEA 38% Asia 20% Latin America 8% END MARKET REGION 33 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 8% Building & Construction 11% Telecommunications 1% Energy 2% COLOR, ADDITIVES & INKS 2022 PRO FORMA REVENUE | $1 .3 BILLION US & Canada 52% EMEA 35% Asia 13% 34 Packaging 5% Consumer 19% Healthcare 8%Industrial 16% Transportation 10% Telecommunications 10% Energy 9% Defense 15% Building & Construction 8% END MARKET REGION SPECIALTY ENGINEERED MATERIALS 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 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% 35 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.
https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Sales: Color, Additives and Inks $ 521.5 $ 486.5 $ 1,578.8 $ 1,548.0 Specialty Engineered Materials 294.6 267.9 917.1 878.4 Corporate (0.9) (0.7) (2.0) (2.6) Sales $ 815.2 $ 753.7 $ 2,493.9 $ 2,423.8 Gross margin: Color, Additives and Inks $ 172.8 $ 156.8 $ 528.5 $ 482.9 Specialty Engineered Materials 89.0 78.3 290.7 263.7 Corporate (0.4) (39.8) (22.0) (63.0) Gross margin $ 261.4 $ 195.3 $ 797.2 $ 683.6 Selling and administrative expense: Color, Additives and Inks $ 97.3 $ 92.3 $ 292.1 $ 284.8 Specialty Engineered Materials 52.6 48.0 158.1 150.6 Corporate 34.3 20.7 103.3 94.5 Selling and administrative expense $ 184.2 $ 161.0 $ 553.5 $ 529.9 Operating income: Color, Additives and Inks $ 75.5 $ 64.5 $ 236.4 $ 198.1 Specialty Engineered Materials 36.4 30.3 132.6 113.1 Corporate (34.7) (60.5) (125.3) (157.5) Operating income $ 77.2 $ 34.3 $ 243.7 $ 153.7 Depreciation & amortization: Color, Additives and Inks $ 21.9 $ 24.6 $ 65.6 $ 76.1 Specialty Engineered Materials 20.7 20.5 61.1 61.6 Corporate 2.5 1.3 7.6 6.8 Depreciation & amortization $ 45.1 $ 46.4 $ 134.3 $ 144.5 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 97.4 $ 89.1 $ 302.0 $ 274.2 Specialty Engineered Materials 57.1 50.8 193.7 174.7 Corporate (32.2) (59.2) (117.7) (150.7) Other (expense) income, net (0.3) 1.0 (2.1) 1.5 EBITDA from continuing operations $ 122.0 $ 81.7 $ 375.9 $ 299.7 Special items, before tax 9.7 43.2 44.0 92.2 Interest expense included in special items (1.3) (2.2) (2.3) (2.2) Depreciation & amortization included in special items (0.4) — (1.2) (1.9) Adjusted EBITDA $ 130.0 $ 122.7 $ 416.4 $ 387.8 12 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) 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/2023-08/Maxxam BIO Bio-Based Polyolefin Formulations Product Bulletin.pdf
To satisfy required performance characteristics they can be filled and reinforced with glass fiber, minerals, impact modifiers, colorants and stabilizer systems.
KEY CHARACTERISTICS Formulated with bio-based resin and/or 10–50% filler from renewable plant sources, Maxxam BIO formulations: • Reduce product carbon footprint • Achieve equivalent performance to standard polyolefin formulations • Provide good stiffness, durability, impact resistance and UV stability • Deliver good surface finish and are easy to color • Enable customized performance characteristics depending on application need • Offer food contact compliance MARKETS AND APPLICATIONS Maxxam BIO formulations are suitable for use across many industries and applications where traditional polyolefin materials are used, including: • Transportation Interior Applications - Decorative profiles, trunk side liners, pillars, T-cup • Industrial - Structural parts, furniture • Consumer - Household goods, personal care items, packaging, office supplies, food contact applications • Electrical and Electronic – Housings, buttons, junction boxes SUSTAINABILITY BENEFITS • Formulated with bio-based resin and/or 10–50% natural filler • Utilize natural filler from renewable plant sources including olive seed based powder and cellulose fiber • Offer a lower product carbon footprint compared to traditional petroleum-based feedstock • Can be recycled at end of life PRODUCT BULLETIN CHARACTERISTICS UNITS Maxxam BIO MX5200-5036 Natural FD Maxxam BIO MX5200-5030 Natural FD Maxxam BIO MX5200-5030 Natural FD X1 Maxxam BIO MX5200-5001 RS HS Natural Maxxam BIO MX5200-5033 RS HS Natural Maxxam BIO MX5200-5034 RS HS Natural Maxxam BIO MX5200-5035 RS HS Natural Filler/Reinforcement Unfilled Unfilled Unfilled 30% Glass Fiber 10% Mineral 20% Mineral 30% Mineral Density (ISO 1183) g/cm 0.90 0.90 0.90 1.12 0.96 1.03 1.12 Tensile Modulus (ISO 527-1) @ 23°C MPa 1500 1000 1000 6400 1350 1650 2100 Tensile Stress (ISO 527-2) @ 23°C MPa 27.0 20.0 20.0 75.0 13.0 14.0 15.0 Tensile Strain at Break (ISO 527-2) @ 23°C % 5 50 50 3.0 50 37 18 Charpy Notched (ISO 179) kJ/m 5 20 25 10 12 10 10 CHARACTERISTICS UNITS Maxxam BIO MX5200-5023 RS HS HI Natural 70 Maxxam BIO MX5200-5025 RS HS Natural 70 Maxxam BIO MX5200-5004 RS HS Natural 70 Maxxam BIO MX5200-5003 RS Natural 70 Maxxam BIO MX5200-5009 RS HS Natural 70 Maxxam BIO MX5200-5024 RS HS Natural 70 Maxxam BIO MX5200-5022 RS HS Natural 70 Filler/Reinforcement 15% Olive Seed Based 25% Olive Seed Based 30% Olive Seed Based/ 10% Mineral 35% Olive Seed Based/ 5% Mineral 15% Olive Seed Based/ 17% Glass Fiber/ Mineral 20% Olive Seed Based/ 20% Glass/ Mineral 10% Olive Seed Based/ 20% Mineral Density (ISO 1183) g/ccm 1.00 1.15 1.10 1.07 1.09 1.25 1.10 Tensile Modulus (ISO 527-1) @ 23°C MPa 1750 2000 2700 2500 3800 3500 4100 Tensile Stress at Break (ISO 527-2) @ 23°C MPa 21.0 20.0 30.0 20.0 40.0 35.0 42.0 Tensile Strain at Break (ISO 527-2) @ 23°C % 24 5 3 5 3 4 2 Notched Izod (ISO 180) kJ/m 15 7 3 2 5 15 7 MAXXAM BIO POLYOLEFINS – BIO-BASED RESIN – TECHNICAL PERFORMANCE MAXXAM BIO POLYOLEFINS – OLIVE SEED BASED FILLER – TECHNICAL PERFORMANCE CHARACTERISTICS UNITS Maxxam BIO MX5200-5029 NF HI UV Black X1 Maxxam BIO MX5200-5032 NFS UV Natural Maxxam BIO MX5200-5020 NF/NFS UV Natural X1 Maxxam BIO MX5200-5016 NF Natural Filler/Reinforcement 10% Cellulose Fiber 20% Cellulose Fiber 30% Cellulose Fiber 40% Cellulose Fiber Density (ISO 1183) g/ccm 0.95 1.00 1.02 1.07 Tensile Modulus ISO 527-1) @ 23°C MPa 1550 1750 2640 3600 Tensile Stress at Break (ISO 527-2) @ 23°C MPa 33 30 48 55 Tensile Strain at Break (ISO 527-2) @ 23°C % 8 12 9 4 Charpy Notched Impact Strength (ISO 179/1eA) kJ/m2 5 6 5 5 Charpy Unnotched Impact Strength (ISO 179/1eU) kJ/m2 33 49 38 30 MAXXAM BIO POLYOLEFINS – CELLULOSE FIBER FILLER – TECHNICAL PERFORMANCE Copyright © 2023, Avient Corporation.