https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
Healthcare Drug delivery devices Engineered materials for healthcare Functional additives for lightweighting Composites for Defense and law enforcement in Color, Additives and Inksin Color, Additives and Inks in Specialty Engineered Materials in Specialty Engineered Materials Copyright © .
EBITDA margin up from about 5% (2006) to 16% (2023) Our evolution Specialty formulator of materials Copyright © .
All Rights Reserved 2024 40 Go-to partner for engineered material solutions to meet our customers’ most challenging applications Specialty Engineered Materials – an overview 44% 56% 2023 sales by business unit Engineered Materials Composite Materials 55% 32% 13% 2023 sales by region Americas Asia Europe, Middle East, Africa $1.1B Product portfolio offers customized solutions to serve a range of end markets • Defense • Energy • Healthcare • Building & Construction • Transportation • Telecommunications • Specialty Consumer • Industrial • Packaging Copyright © .
https://www.avient.com/sites/default/files/2020-12/artisan-thermoplastics-nylon-processing-guide.pdf
Place these wells at the base of the sprue to capture the cold material first emerging from the nozzle 2.
If material is not in the recommended moisture percentage for molding, dry material until it is in the acceptable range for molding.
If material is not in the recommended moisture percentage for molding, dry material until it is in the acceptable range for molding.
https://www.avient.com/sites/default/files/2022-02/Avient Design Overview Brochure.pdf
We’ll help you to CONNECT THE DOTS between material, color, design and manufacturing.
You’ll benefit from FASTER AND DEEPER DEVELOPMENT because materials are in our DNA.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-01/sem-base-station-antenna-application-bulletin.pdf
Low Dissipation Factor (Df) Material – Our solutions use a base formulation that has a Df value of less than 0.002.
Further, injection- moldable materials allow for unique antenna designs and complex shapes, while only simple shapes are possible when using traditional materials.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2025-05/AVNT Q1 2025 webcast slides_v17.pdf
Offsetting any inflationary headwinds with our time-tested rigor
in raw material sourcing, substitution and pricing actions
6.
Specialty Engineered Materials
END MARKETS REGIONS
17%
14%13%
Defense
Packaging
Telecom
54%
33%
US & Canada
Europe,
Middle East
Energy
Copyright © .
2025 16
Avient 2024 regional sales, by end market
US & CANADA
41% of sales
EMEA
35% of sales
ASIA
18% of sales
LATIN AMERICA
6% of sales
22%
Packaging TelecomEnergyDefenseHealthcareBuilding &
TransportationIndustrialConsumer
26%
16%
31%
26%
1%1% 2%
61%
Copyright © .
2025 17
NON-HYDROCARBON
MATERIALS
HYDROCARBON-BASED
~35% of the raw material basket
including part of “Other raw materials”
are hydrocarbon-based
Raw material basket
16%
4% 4%
Performance
additives
Pigments
TiO2
Dyestuffs
Styrenic block
copolymers
Polypropylene
Nylon
Polyethylene
Other raw
materials
Copyright © .
2025 18
measures
Senior management uses comparisons of adjusted
net income attributable to Avient common
shareholders and diluted adjusted earnings per
share (EPS) attributable to Avient common
shareholders, excluding special items, to assess
performance and facilitate comparability of results.
Slide 12
Slide 13: Avient 2024 sales
Slide 14: Color, Additives & Inks
Slide 15: Specialty Engineered Materials
Slide 16: Avient 2024 regional sales, by end market
Slide 17: Raw material basket
Slide 18: Reconciliation of Non-GAAP financial measures (UNAUDITED)
Slide 19: Reconciliation of Non-GAAP financial measures (UNAUDITED)
Slide 20: Reconciliation of Non-GAAP financial measures (UNAUDITED)
https://www.avient.com/sites/default/files/2020-10/neu-quality-commitment.pdf
Location(s) North Haven, CT As a valued customer (“Customer”) of NEU Specialty Materials, LLC (“NEU”), NEU is communicating this Quality Commitment to communicate the quality parameters, expectations and risk surrounding quality matters for the products NEU supplies.
In the event of a conflict between this Quality Commitment and any mutually agreed specifications or quality agreement that is executed by NEU, the mutually agreed specifications or signed quality document shall control. 1.0 PRODUCT DESCRIPTION Thermoplastic material in pellet form. 2.0 TEST METHODS NEU test methods are modeled after ASTM testing standards, where applicable. 3.0 OPERATIONAL DEFINTIONS 3.1 Lot (Batch): Material manufactured at one time. 3.2 Blend: No more than three lots of a specific raw material, combined together to form a homogeneous mixture. 3.2.1 Full lot tractability of non-proprietary formulations will be reflected on the COC 3.3 Certification: “Certificate of Conformance” or “Certificate of Analysis” based material requirements 3.4 Certificate of Analysis: Document containing information that the product conforms to the established Product Specifications. 3.5 Certificate of Conformance: Document containing confirmation that the product conforms to the defined formulation. 3.6 Finished Product Form: Finished product shape (Cylindrical, Spherical) 3.7 Product Specification: the product specifications that are contained in a written document signed by NEU, or if such document does not exist, the Certificate of Analysis or Certificate of Conformance issued by NEU. 4.0 PACKAGING 4.1 Standard product packaging options include: 4.1.1 Drum 4.1.2 Gaylord 4.1.3 Pail 4.1.4 Individual bag in box Approved Plant/Local : Reference Document Document #: DOC-10815 Revision: 3 Document Owners: Dean Clark Effective Date: Oct 29, 2020 Title: NEU Quality Commitment Page 2 of 4 Only the electronic version of this document in ETQ is the controlled version of the document.
It will be the responsibility of Customer to order sufficient quantities of materials to allow for any required qualification prior to the implementation of the change.
https://www.avient.com/sites/default/files/2020-11/recycle-value-chain-black-pkg_0.pdf
What is Classed as Recycled Content Infographic_Select GLOSSARY OF TERMS POST- CONSUMER RECYCLE (PCR) TRADITIONAL BLACK MASTERBATCH AVIENT ONCOLOR™ IR SORTABLE BLACK MASTER- BATCH RETAIL/ CONSUMER RECLAIMER LANDFILL MATERIAL MANUFACTURER RECYCLE VALUE CHAIN BLACK PACKAGING Material Manufacturer - Raw material suppliers or processors who produce materials ready for manufacturing Masterbatch - A solid or liquid additive used for coloring plastics Retail/Consumer - End user Reclaimer - Local recycling center for consumer goods Post-Consumer Recycle (PCR) - Materials derived from polymers reclaimed at the end of their lifecycle that have been through waste treatment Landfill - Infrastructure with highly engineered containment systems that act as a safe and permanent repository for waste material that cannot be reused or recycled
https://www.avient.com/sites/default/files/2021-04/maxxam-polyolefins-formualtions-case-study.pdf
CASE STUDY: MAXXAM™ POLYOLEFIN FORMULATIONS NEW MATERIAL FOR PRECISELY ENGINEERED VEHICLE Challe nge Accepted.
This meant the raw materials and processing method needed to be reconsidered.
An added challenge was to ensure the material was stabilized against potential degradation.
https://www.avient.com/sites/default/files/2022-10/PREPERM SatCom Application Bulletin.pdf
Feasible form factors can be obtained even below 1 GHz with high permittivity materials.
Ask for our non-toxic prototype materials for health technology applications, too!
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Investor Presentation_website w Non-GAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
In particular, these include statements relating to future actions; prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal proceedings and environmental liabilities; and financial results.
Q1 2023 (TOTAL COMPANY) $846 $829 Q1 23 Q1 24 $134 $143 Q1 23 Q1 24 17.3% Sales Adjusted EBITDA (in millions) $0.63 $0.76 Q1 23 Q1 24 Adjusted EPS (in millions) + 7% + 21% Sales Adjusted EBITDA Adjusted EPS 9 - 2% 15.8% +150 bps * * * Adjusted EBITDA Margin % Q1 2024 SEGMENT PERFORMANCE (COLOR, ADDITIVES & INKS) $537 $515 Q1 23 Q1 24 $91 $97 Q1 23 Q1 24 18.8% Sales Adjusted EBITDA (in millions) (in millions) + 7% Sales Adjusted EBITDA 10 - 4% 17.0% +180 bps * * * Adjusted EBITDA Margin % • Year over year demand continues to improve for the segment but slowly due to continued weakness in Europe • Raw material deflation & cost reduction actions primary drivers of adjusted EBITDA growth and margin expansion of +180 bps vs Q1 2023 Q1 2024 SEGMENT PERFORMANCE (SPECIALTY ENGINEERED MATERIALS) $310 $314 Q1 23 Q1 24 $64 $73 Q1 23 Q1 24 23.2% Sales Adjusted EBITDA (in millions) (in millions) + 14% Sales Adjusted EBITDA 11 + 1% 20.8% +240 bps * * * Adjusted EBITDA Margin % • Sales growth in defense end market offset by weaker demand in telecommunications end market • Raw material deflation and favorable mix impact from defense sales primary drivers of adjusted EBITDA growth and margin expansion of +240 bps vs Q1 2023 Q1 EBITDA BRIDGE (TOTAL COMPANY) 12 $ millions CAI: Price / Mix (1) Deflation 16 SEM: Price / Mix 4 Deflation 7 Net Price Benefit 26 Wage/Other Inflation (9) FX (2) Q1 2024 $143 Adjusted EBITDA Q1 2023 $ 134 Demand (6) • Positive net price benefit: o Favorable raw material deflation in both segments • Wage and other inflation more than offset cost reductions/synergies 2024 G U IDA N CE FY 2024 GUIDANCE Original Revised Adjusted EBITDA $505 to $535 million $510 to $535 million Adjusted EPS $2.40 to $2.65 $2.50 to $2.65 Interest Expense $105 to $110 million $105 million Adjusted Effective Tax Rate 23% to 25% 23% to 25% Capital Expenditures ~$140 million ~$140 million 14 Q2 2024: Adjusted EPS of $0.71 CE O “TO P O F M IN D ” FO CU S ARE A S AREAS OF FOCUS 16 +7% Drive Profitable Organic Top-Line Growth with Margin Expansion Amplify Innovation Build Leadership & Talent Pipeline AP P EN D IX 19 Performance Additives 15% Pigments 13% TiO2 9% Dyestuffs 2% Polyethylene 10%Nylon 5% Polypropylene 4% Styrenic Block Copolymer 4% Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RAW MATERIAL BASKET SEGMENT DATA U.S. & Canada 41% EMEA 36% Asia 18% Latin America 5% 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 19% Packaging 23%Industrial 16% Building and Construction 9% Telecommunications 4% Energy 5% Defense 7% END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) Transportation 10% Healthcare 7% 21 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2023 REVENUE | $2 .0 B ILL ION US & Canada 34% EMEA 37% Asia 21% Latin America 8% END MARKET REGION 22 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 9% Building & Construction 10% Telecommunications 1% Energy 2% COLOR, ADDITIVES & INKS 2023 REVENUE | $1 .1 B ILL ION US & Canada 52% EMEA 35% Asia 13% 23 Packaging 5% Consumer 16% Healthcare 6%Industrial 16% Transportation 12% Telecommunications 9% Energy 10% Defense 18% Building & Construction 8% END MARKET REGION SPECIALTY ENGINEERED MATERIALS Packaging 32% Consumer 26% Healthcare 9% Industrial 13% Building & Construction 6% Telecommunications 2% Energy 2% Defense 1% Asia (18% of sales) Transportation 9% 2023 AVIENT REGIONAL SALES Packaging 25% Consumer 13% Healthcare 5% Industrial 18% Building & Construction 9% Energy 5% Defense 8% EMEA (36% of sales)Transportation 13% Packaging 13% Consumer 22% Healthcare 10% Industrial 16% Building & Construction 12% Energy 6% Defense 8% US & Canada (41% of sales) Transportation 9% Packaging 59% Consumer 22% Healthcare 2% Industrial 8% Building & Construction 4% LATAM (5% of sales) Transportation 5% Telecommunications 4% Telecommunications 4% 24 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.