https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
With the Clariant Masterbatch
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.
31
Avient reflects 2021 estimated EBITDA of $580M
OUR VALUATION VERSUS PEERS
Avient Specialty
Other
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
en
t
Median: 11.1xMedian: 14.6x
SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
GHG Emissions (MT)
Greenhouse Gas Emissions (MT Scope 1 & 2 GHG)
Greenhouse Gas Emissions Intensity (MT 1 & 2 GHG/ MT Production)
60,000
120,000
180,000
240,000
300,000
2016 2017 2018* 2019*
.45
.40
.35
.30
.25
.20
.15
.10
.05
.43
.35
.38
.34
Total Energy (GJ)
Energy Intensity (MWh/MT Production)
Total Energy
200,000
400,000
600,000
800,000
1,000,000
2016 2017 2018 2019
1.10
1.00
.90
.80
.70
.60
.99
.86
.91
.85
*Excludes divested PP&S segment and is consistent with the GHG Protocol Corporate Accounting
and Reporting Standard.
More recently, with the
divestiture of the PP&S segment in 2019 and the acquisition of Clariant
Masterbatch in 2020, we have fundamentally repositioned our portfolio to
that of a true specialty enterprise—from which we can springboard to even
greater heights in the future.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
60%
80%
0%
60%
80%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
o
f
ju
st
E
B
IT
D
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
M
ke
t
ve
e
a
%
o
f
To
ta
l
8%
10%
4%
18%
12%E
M
ke
t
ve
e
a
%
o
f
To
ta
l
66%
Sustainability Report | 2019 78
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Reduced Material
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
GHG Emissions (MT)
Greenhouse Gas Emissions (MT Scope 1 & 2 GHG)
Greenhouse Gas Emissions Intensity (MT 1 & 2 GHG/ MT Production)
60,000
120,000
180,000
240,000
300,000
2016 2017 2018* 2019*
.45
.40
.35
.30
.25
.20
.15
.10
.05
.43
.35
.38
.34
Total Energy (GJ)
Energy Intensity (MWh/MT Production)
Total Energy
200,000
400,000
600,000
800,000
1,000,000
2016 2017 2018 2019
1.10
1.00
.90
.80
.70
.60
.99
.86
.91
.85
*Excludes divested PP&S segment and is consistent with the GHG Protocol Corporate Accounting
and Reporting Standard.
More recently, with the
divestiture of the PP&S segment in 2019 and the acquisition of Clariant
Masterbatch in 2020, we have fundamentally repositioned our portfolio to
that of a true specialty enterprise—from which we can springboard to even
greater heights in the future.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
60%
80%
0%
60%
80%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
o
f
ju
st
E
B
IT
D
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
M
ke
t
ve
e
a
%
o
f
To
ta
l
8%
10%
4%
18%
12%E
M
ke
t
ve
e
a
%
o
f
To
ta
l
66%
Sustainability Report | 2019 78
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Reduced Material
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/resources/safety-data-sheets?page=6675
331736 RD PP MASTERBATCH
331737 BN PP MASTERBATCH
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=1402
PG 65623.00 BU PP
PG 65622.00 BU PP
PG 65640.00 BU PP
https://www.avient.com/resources/safety-data-sheets?page=6269
PP OW PURPLE
PP BLUE 2154C III
PG 323590.00 PK PP
https://www.avient.com/resources/safety-data-sheets?page=495
PG 24371GN PP
PG 24331 GN PP
PG 24345 GN PP
https://www.avient.com/resources/safety-data-sheets?page=5513
PD2 PP/TPO K/E
PP MET.
PP PRL.
https://www.avient.com/resources/safety-data-sheets?page=127
PP 401CS BLU 911-5
PP 401 GY 2270
PP 554CS GY 2334-2
https://www.avient.com/resources/safety-data-sheets?page=5900
FUCSIA PP
WHITE PP
YELLOW PP