https://www.avient.com/resources/safety-data-sheets?page=58
GEON HTX ULTRA LA426 WHITE 1575
https://www.avient.com/resources-0?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=11
reSound™ Ultra-Low Carbon Footprint TPEs (Chinese)
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Outdoor High Performance) 8 18% 3 Growth in Asia / LATAM 6 3% 2 Other 100 19% 5 Sub-total $1,327 14% $146 Outdoor High Performance Impact (5) (3) Wage Inflation and Overtime (11) Other Supply Chain Costs (4) Synergies 5 Incentives, Other Employee Costs 8 FX (28) (5) Q1 2022 $1,294 11% $136 Q1 2022 SALES AND OPERATING INCOME (TOTAL COMPANY) 6 Sales Growth Rate Adjusted Operating Income$ millions Adjusted EBITDA Q1 EBITDA BRIDGE 7 Price increases more than offset raw material and supply chain impacts Q1 2021 $ 161 Demand (23) $ millions CAI: Price / Mix 77 Inflation (54) SEM: Price / Mix 41 Inflation (26) Distribution: Price / Mix 84 Inflation (82) Net Price Benefit 40 Wage Inflation and Overtime (11) Other Supply Chain Costs (4) Synergies 5 Incentives, Other Employee Costs 8 FX (5) Q1 2022 $ 171 China Lockdowns / Russia Impact $ (7) Transportation (7) Outdoor High Performance (3) Q1 EPS BRIDGE 8 Q1 2021 - Adjusted EPS 0.89$ CAI 0.08 Specialty Engineered Materials 0.06 Distribution 0.00 Corporate Costs 0.02 F/X (0.04) Segment OI 0.12 Tax Rate (0.02) Q1 2022 - Adjusted EPS 0.99$ 10 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 11 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 12 Figures reflect 2022 expected sales MIFOverview Competition Valuechain & Go-to-market Strategy Innovation Financials TECHNOLOGY 13 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 14 • 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 15 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 16 • 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 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(2) • Continued investment in aquaculture as a sustainable food source(3) • 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) “Global Wind Report 2021”, Global Wind Energy Council (3) “Aquaculture Supports a Sustainable Earth”, NOAA Fisheries 17 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 18 AVIENT’S COMPOSITES PORTFOLIO SALES AND EBITDA 19 $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 21 $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 22 - $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 23 • Financing commitments secured from Morgan Stanley and J.P.
https://www.avient.com/products
reSound™ Ultra-Low Carbon Footprint TPEs
Ultra-High Molecular Weight Polyethylene
reSound™ Ultra-Low Carbon Footprint TPEs
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers
Ultra-high molecular weight polyethylene fiber is lightweight and abrasion resistant
reSound™ Ultra-Low Carbon Footprint TPEs
Ultra-High Molecular Weight Polyethylene
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations
Materials designed to provide stable and controlled dielectric performance plus ultra-low transmission loss to support 5G networks and applications
reSound™ Ultra-Low Carbon Footprint TPEs
Ultra-High Molecular Weight Polyethylene
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations
reSound™ Ultra-Low Carbon Footprint TPEs
Ultra-High Molecular Weight Polyethylene
Reduce emissions with reSound™ Ultra-Low Carbon Footprint TPEs
https://www.avient.com/sites/default/files/2023-06/Omnicolor Brochure.pdf
COLOR PVC PE/PP/PUR PS ABS ACETAL PBT NYLON PC/PES OM5001 OC5UFB Sky Blue 200+ 260 260+ 280 200+ 280 280 280 OM5009 OC5SAD Powder Blue 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM5011 OC5UFD Mid Blue 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM5027 UC5UFF Royal Blue 200+ 240 220 NS NS NS NS NS OM5034 OC5SAF Pale Blue 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM5065 OC5SAG Navy Blue 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM5179 OC5UFI Ultra Blue 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM5485 OC5UFJ Pacific Blue 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM5982 OC5SAI Baby Blue 200+ 260+ 260+ 280+ 200+ 300 280+ 300 OM55094 OC4UFB Purple 200+ 260 240 240 200+ NS NS NS OM55157 OC5UFS Ice Blue 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM55160 OC5SAH Midnight Blue # *200+ NS 260 260 NS 300 NS 300 OM55162 OC5UFM Cornflower Blue 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM55302 N/A African Violet 200+ 280 260 260 200+ 250+ NS NS OM55484 N/A Mistral 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM55497 N/A Lavender 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM55500 N/A Bluebell 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM55502 N/A Lilac 200+ 240 240 NS 200+ NS NS NS OM6037 N/A Aqua 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM6969 OC6UFL Alpine Green 200+ 280 260 260 200+ 280 NS 280 OM6985 OC6SAK Spearmint Green 200+ 280+ 260+ 280+ 200+ 300 280+ 300 OM6994 OC6UFN Leaf Green 200 240 220 NS NS NS NS NS OM66070 OC6UFC Fern Green 200+ 280 260 260 200+ 280 NS 280 OM66072 OC6SAD Springtime 200+ 280 260 260 200+ 280 NS 280 OM66075 OC6SAE Racing Green 200+ 280 260 260 200+ 280+ NS 280+ OM66083 OC6SAF Fresh Green 200+ 280 260 260 200+ 280 NS 280 OM66087 OC6UFG Sage Green 200+ 280 260 260 200+ 280 NS 280 OM66088 OC5UFQ Marine Blue 200+ 280 260 260 200 280 NS 280 OM66099 OC6SAG Lime Green *200+ NS 260 250 NS 280+ NS 280+ OM66100 OC6SAH Olive Green 200+ 280+ 260+ 260+ 200+ 300+ 280+ 300+ OM66159 N/A Pod Green 200 240 220 NS NS NS NS NS OM66161 N/A Ocean Green 200+ 280 260+ 260+ 200+ 265 280+ 300 OM66301 N/A Dewdrop 200+ 260+ 260+ NS 200+ NS NS 280+ OM66303 N/A Grass Green 200+ 260+ 260+ NS 200+ NS NS 280 OM66306 N/A Lettuce Green 200+ 260+ 260+ NS 200+ NS NS 280 OM66307 N/A Apple Green 200+ 260+ 260+ NS 200+ NS NS 280 OM7002 OC7SAE Light Grey 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7020 OC7UFD Dark Grey 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7021 OC7SAF Ash Grey 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7053 OC7UFF Mid Grey 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7378 OC7UFG Dove Grey 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7759 OC7UFJ Soft Grey 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7994 OC9SAG Graphite 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7996 OC7SAH Moonstone 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM7999 OC7UFN Pebble ** 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM77000 OC7SAG Cloud Grey 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM77007 OC9SAE Mink ** 200+ 280+ 260+ 280+ 200+ 300+ 280+ 300+ OM77013 OC5SSA Dusk 200+ 280+ 260+ 280+ 200+ 265 280+ 300 OM77140 N/A Putty 200+ 280 260+ 260+ 200+ 265 280+ 280 + Potential use at temperatures above those indicated NS Not suitable for use in polymer indicated # Contains dyestuff which will migrate from PE/PP and all other polyolefins OMNICOLOR™ PROCESSING TEMPERATURES RECOMMENDED MAXIMUM PROCESSING TEMPERATURES FOR OMNICOLOR IN SELECTED POLYMERS IN °C UK COLOR NO.
COLOR PVC PE/PP/PUR PS ABS ACETAL PBT NYLON PC/PES OM55488TR N/A TR Amethyst # *200+ NS 260+ 260+ NS 265+ NS 300 OM89050TR N/A TR Brown NS NS 260+ 280+ NS 265 NS 300 OM0279HT N/A Diamond White 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM0447HT N/A Cumulus 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM1739HT N/A Melon Yellow # *200+ NS 260+ 260+ NS 265 300+ 300+ OM1740HT N/A Pineapple # *200+ NS NS 260+ NS 265 300+ 300+ OM1829HT N/A Hornet # *200+ NS NS 260+ NS 265 300+ 300+ OM2264HT N/A Fresh Orange # *200+ NS NS NS NS 265 300+ 300+ OM3930HT N/A Deep Red # *200+ NS 260+ 260+ NS 265 300+ 300+ OM3940HT N/A Sunset # *200+ NS NS NS NS 265 300+ 300+ OM4217HT N/A Claret # *200+ NS 260+ 260+ NS 265 300+ 300+ OM33049HT N/A Lava # *200+ NS NS NS NS 265 300 300 OM33050HT N/A Poinsettia # *200+ NS NS NS NS 265 300 300 OM66148HT N/A Mid Green 200+ 280+ 260+ 260+ 200+ 265 300+ 300+ OM66294HT N/A Forest Green # NS NS NS NS NS 265 280+ 300+ OM66295HT N/A Astro # *200+ NS 260+ 280+ NS 265 280+ 300+ OM77323HT N/A Dolphin 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM77324HT N/A Slate 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM0038 N/A Value White 200+ 260+ 260+ 280+ 200+ 265 280+ 300+ OM0246 N/A Stone Effect 200+ 260 280 280+ NS 265 280 300 OM0299 N/A Pearl 200+ 260+ 260+ 280+ 200+ 265 280 300 OM0589 N/A Metallic Sand 200+ 280 260+ 280+ 200+ 265 300 300 OM0590 N/A Autumn Gold 200+ 280 260+ 260 200+ 255 NS NS OM0592 N/A Tropical Pearl 200+ 260 260 260 200+ 250 NS NS OM0593 N/A Inca Gold 200+ 280 260+ 280+ 200+ 250 280 280 OM0797TR N/A Sparkle 200+ NS 280 280 200 265 280 300 OM1339 N/A Value Yellow 200+ 280 280 280+ 200+ 265 280 300 OM5972 N/A Value Blue 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM9074 N/A Odyssey 200+ 280 260+ 280+ 200+ 265 300 300 OM33074 N/A Spanish Earth 200+ 280 260 260 200+ 250 NS NS OM33075 N/A Sunset Pearl 200+ 280 260 260 200+ 250 NS NS OM33100TR N/A Pink Sparkle NS NS 260 260 NS NS NS NS OM33111 N/A Value Red 200+ 240 220+ NS 200+ NS NS NS OM55559 N/A Soft Lilac 200+ 280 260 250 200+ 265 NS 280 OM55561 N/A Atlantic Pearl 200+ 280 260+ 280 200+ 265 280 280 OM55563 N/A Midnight Satin 200+ 280 260+ 280 200+ 265 200 280 OM55564 N/A Frost Bite 200+ 280 260 260 200+ 265 NS 280 OM55565 N/A Winter Wind 200+ 280 260+ 280+ 200+ 265 280 300 OM55566 N/A Mirage 200+ 280 260 260 200+ 265 NS 280 OM55567 N/A Purple Silk 200+ 260 250 250 200+ NS NS NS OM55666TR N/A Blue Sparkle NS NS 260+ 260+ NS 265 NS 280 OM55700TR N/A Violet Sparkle NS NS 260 260 NS 265 NS 300 OM66302 N/A Bottle Green 200+ 280+ 260+ 280+ 200+ 265 NS 300+ OM66344 N/A Arctic Moss 200+ 280 260+ 280+ 200+ 265 280 300 OM66345 N/A Grape 200+ 280 260+ 270 200+ 260 NS 280 OM66380 N/A Value Green 200+ 280+ 260+ 280+ 200+ 265 280+ 300+ OM77450 N/A Value Grey **200+ 280+ 260+ 280+ 200+ 265 280+ 300+ NOTES * Suitable for use in all PVC except plasticized PVC ** Suitable for use in all PVC except tin stabilized PVC + Potential use at temperatures above those indicated NS Not suitable for use in polymer indicated # Contains dyestuff which will migrate from PE/PP and all other polyolefins OMNICOLOR™ COLOR CHART White UK OM0001 Stock US OC0UFB Sherbert Lemon UK OM1753 US Not Available Flame Red UK OM3820 Stock US OC3SAJ Cerise UK OM4219 US Not Available Bright White UK OM0005 Stock US OC0UFC Linen UK OM1831 US Not Available Lobster Red UK OM3849 Stock US OC3SAK Sky Blue UK OM5001 Stock US OC5UFB Polar White UK OM0330 Stock US OC0UFD Buttermilk UK OM1832 US Not Available Tomato Red UK OM3850 Stock US OC3UFJ Powder Blue UK OM5009 Stock US OC5SAD Coconut UK OM0332 Stock US OC0SAD Chick UK OM1834 US Not Available Fuchsia UK OM3853 US OC3SAL Mid Blue UK OM5011 Stock US OC5UFD Magnolia UK OM1275 Stock US OC0UFF Custard UK OM1839 US Not Available Admiral Red UK OM3856 US OC3SAM Royal Blue UK OM5027 Stock US OC5UFF Vanilla UK OM1293 Stock US OC0SAE Yolk UK OM1845 US Not Available Cardinal Red UK OM3861 Stock US OC3UFM Pale Blue UK OM5034 Stock US OC5SAF Sunflower Yellow UK OM1625 Stock US OC1SAE Seville Orange UK OM2239 Stock US OC2UFB Fire Engine Red UK OM3864 US OC3SAN Navy Blue UK OM5065 US OC5SAG Daffodil Yellow UK OM1637 Stock US OC1SAF Mandarin Orange UK OM2243 US OC2SAE Rocket Red UK OM3872 Stock US OC3SAP Ultra Blue UK OM5179 Stock US OC5UFI Citrus UK OM1690 Stock US OC1UFD Pumpkin UK OM2250 Stock US OC2SAF Raspberry UK OM3879 US OC3SAQ Pacific Blue UK OM5485 Stock US OC5UFJ Banana UK OM1693 Stock US OC1UFE Nectarine UK OM2252 Stock US OC2SAG Brilliant Red UK OM3947 Stock US Not Available Baby Blue UK OM5982 US OC5SAI Jasmine UK OM1696 US OC1SAG Carrot UK OM2291 US Not Available Poppy Red UK OM3951 US Not Available Purple UK OM55094 Stock US OC4UFB Canary Yellow UK OM1700 Stock US OC1UFG Strawberry Red UK OM3223 Stock US OC3SAE Valentine Red UK OM3955 US Not Available Ice Blue UK OM55157 US OC5UFS Marigold UK OM1702 US OC1SAH Rose Pink UK OM3364 US OC3SAF Bubblegum Pink UK OM3958 US Not Available Midnight Blue UK OM55160 US OC5SAH Ivory UK OM1704 Stock US OC8SAF Flesh Pink UK OM3513 US OC2SAH Ruby UK OM33053 US Not Available Cornflower Blue UK OM55162 Stock US OC5UFM Cream UK OM1707 US OC8SAG Cherry Red UK OM3788 US OC3SAH Burgundy UK OM4043 Stock US OC3SAR Sol Yellow UK OM1751 Stock US Not Available Pastel Pink UK OM3801 US OC3SAI Mulberry UK OM4204 Stock US OC4SAA Due to printing or monitor variations, color shown may vary from actual color.
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
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.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
L’Oréal, February 2021 … rolled out a 100% post- consumer recycled (PCR) plastic bottle for its Palmolive Ultra dish soap range.
Per Carlsson, Manufacturing and Operations CUSTOMER TESTIMONIALS Avient Corporation 71 50 90 0 20 40 60 80 100 2022 2030 Medical Plastics Market Size PRESERVE – TAKEAWAY Protecting Human Life and Enabling Connectivity Drives Growth Projections Examples Covered Today 56% Other Applications 44% 2022 $525M (in $ Bi lli on s) 8% CAGR 34% CAGR 5G Infrastructure Market Size 12 92 0 10 20 30 40 50 60 70 80 90 100 2023 2024 2025 2026 2027 2028 2029 2030 (in $ Bi lli on s) Source: Grand View Research Source: Global Data Summary Jamie Beggs Senior Vice President and Chief Financial Officer Avient Corporation 72 OUR SUSTAINABILITY REPORT Avient Corporation 73 Avient Corporation 74 2030 SUSTAINABILITY GOALS Avient Corporation 75 PERFORMANCE AND RECOGNITION 1 2 5 ESG Ratings Performance ESG Awards and Certifications top 13% 94th percentile Avient Corporation 76 SUSTAINABILITY INNOVATION AWARDS Ultra-Low Carbon Footprint TPE Innovation Award, Finalist: Plastics Industry Association PCR Colorants + Additives Sustainable Packaging Innovation, Finalist: U.S.