https://www.avient.com/sites/default/files/2025-05/AVNT Q1 2025 Webcast Slides_w_non-GAAP.pdf
All Rights Reserved 2025 8 Specialty Engineered Materials – Q1 2025 performance Sales 314 308 Q1 2024 Q1 2025 Flat EXCL.
All Rights Reserved 2025 Avient 2024 sales BUSINESS SEGMENTS END MARKETS REGIONS 63% 37% S E M C AI 23% 20% 15% 10% 10% 8% 7% 4% 3% Packaging Telecom Energy Defense Healthcare Building & construction Transportation Industrial Consumer 41% 35% 18% 6% US & Canada Latin America Asia Europe, Middle East and Africa 14Copyright © .
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 IR Deck - AVNT-2025.03.31 Non-Gaap Recs.pdf Attachment
https://www.avient.com/sites/default/files/2025-05/AVNT Q1 2025 webcast slides_v17.pdf
All Rights Reserved 2025 8 Specialty Engineered Materials – Q1 2025 performance Sales 314 308 Q1 2024 Q1 2025 Flat EXCL.
All Rights Reserved 2025 Avient 2024 sales BUSINESS SEGMENTS END MARKETS REGIONS 63% 37% S E M C AI 23% 20% 15% 10% 10% 8% 7% 4% 3% Packaging Telecom Energy Defense Healthcare Building & construction Transportation Industrial Consumer 41% 35% 18% 6% US & Canada Latin America Asia Europe, Middle East and Africa 14Copyright © .
All Rights Reserved 2025 19 Reconciliation of Non-GAAP financial measures Reconciliation to EBITDA and Adjusted EBITDA Three months ended March 31, 2025 2024 $ Millions $ Millions Sales Color, Additives and Inks 519.7 515.3 Specialty Engineered Materials 308.4 314.4 Corporate (1.5) (0.7) Sales 826.6 829.0 Operating income Color, Additives and Inks 78.6 74.8 Specialty Engineered Materials 47.1 53.4 Corporate (125.0) (34.2) Operating income 0.7 94.0 Depreciation and amortization Color, Additives and Inks 21.7 21.9 Specialty Engineered Materials 21.5 19.6 Corporate 2.1 2.8 Depreciation and amortization 45.3 44.3 EBITDA Earnings before interest, taxes, depreciation and amortization Color, Additives and Inks 100.3 96.7 Specialty Engineered Materials 68.6 73.0 Corporate (122.9) (31.4) Other expense, net (0.4) (0.9) EBITDA 45.6 137.4 Special items, before tax 101.2 6.2 Interest expense included in special items (1.7) - Depreciation and amortization included in special items (0.4) (0.5) Adjusted EBITDA 144.7 143.1 Adjusted EBITDA as a percent of sales Color, Additives and Inks 19.3% 18.8% Specialty Engineered Materials 22.2% 23.2% PAGE 2 OF 3 Copyright © .
https://www.avient.com/sites/default/files/2025-08/AVNT Q2 2025 webcast slides_w_non_GAAP.pdf
All Rights Reserved 2025 8 Specialty Engineered Materials – Q2 2025 performance Sales 308 330 Q2 2024 Q2 2025 Adj.
All Rights Reserved 2025 Avient 2024 sales BUSINESS SEGMENTS END MARKETS REGIONS 63% 37% S E M C AI 23% 20% 15% 10% 10% 8% 7% 4% 3% Packaging Telecom Energy Defense Healthcare Building & construction Transportation Industrial Consumer 41% 35% 18% 6% US & Canada Latin America Asia Europe, Middle East and Africa 14Copyright © .
All Rights Reserved 2025 19 Reconciliation of Non-GAAP financial measures Reconciliation to EBITDA and Adjusted EBITDA Three months ended June 30, 2025 2024 $ Millions $ Millions Sales Color, Additives and Inks 538.6 542.0 Specialty Engineered Materials 329.7 308.1 Corporate (1.8) (0.4) Sales 866.5 849.7 Operating income Color, Additives and Inks 90.3 86.1 Specialty Engineered Materials 40.2 42.8 Corporate (34.4) (56.4) Operating income 96.1 72.5 Depreciation and amortization Color, Additives and Inks 22.4 21.8 Specialty Engineered Materials 22.4 20.8 Corporate 1.8 2.3 Depreciation and amortization 46.6 44.9 EBITDA Earnings before interest, taxes, depreciation and amortization Color, Additives and Inks 112.7 107.9 Specialty Engineered Materials 62.6 63.6 Corporate (32.6) (54.1) Other expense, net (0.5) (0.9) EBITDA 142.2 116.5 Special items, before tax 7.3 28.1 Interest expense included in special items (0.3) (1.0) Depreciation and amortization included in special items (0.3) (0.3) Adjusted EBITDA 148.9 143.3 Adjusted EBITDA as a percent of sales Color, Additives and Inks 20.9% 19.9% Specialty Engineered Materials 19.0% 20.6% PAGE 2 OF 4 Copyright © .
https://www.avient.com/knowledge-base/article/designing-parts-meet-sustainability-goals?rtype[]=1164
Engineered Polymer Services
There is generally limited differentiation in aesthetic appeal when looking at a pre-colored biopolymer or one that is colored at the press.
Lightweighting is a concept of engineering materials to require less parts or manufacturing without compromising the durability of the final product.
https://www.avient.com/knowledge-base/article/designing-parts-meet-sustainability-goals
Engineered Polymer Services
There is generally limited differentiation in aesthetic appeal when looking at a pre-colored biopolymer or one that is colored at the press.
Lightweighting is a concept of engineering materials to require less parts or manufacturing without compromising the durability of the final product.
https://www.avient.com/sites/default/files/2024-10/Replacing Aluminum with Long Fiber Thermoplastics _LFT_ Application Bulletin.pdf
One approach is to substitute metals with reinforced thermoplastics.
This design flexibility also enables engineers to reassess assemblies and take advantage of consolidating multiple parts into one molded offering.
https://www.avient.com/submit-a-design-engineering-question
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-pultrusion.pdf
Our products enable the search for new energy reserves and extend the life of fiber optic telecommunication cables.
https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense associated with intangible assets. 2 3 AVIENT OVERVIEW OUR VISION: Creating specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world 2023 Financial GuidanceCompany Overview Revenue By: 9,700 Employees 104 Manufacturing Sites 20,000+ Customers Key Highlights Premier formulator of specialized and sustainable material solutions Asset-light business model, with flexibility to adapt to customer needs Best-in-class technology and service (140+ PhDs / 2,500+ patents) History of transformation through successful M&A while consistently returning cash to shareholders Poised for continued future growth in excess of GDP $3.13B Revenue $2.30 Adjusted EPS $500M Adjusted EBITDA 16.0% Adjusted EBITDA Margins $180M Free Cash Flow Over $1B in share buybacks since 2011 Raised dividend for 13 consecutive years, a 15% CAGR since 2011 U.S. & 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 6 CUSTOM FORMULATION 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 8.9 12.0 11.9 10.9 9.9 8.2 16.3 13.8 11.9 9.6 9.5 9.5 9.2 7.7 20 11 20 18 20 21 O ct 20 23 AV Y R PM PP G KW R FU L EC L H XL SC L AS H FM C C E 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/news/avient-showcase-world-s-strongest-fiber-and-high-performance-engineered-fibers-techtextil-2024
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Avient to Showcase World’s Strongest Fiber™ and High-Performance Engineered Fibers at Techtextil 2024
Fiber-Line™ Engineered Fibers – These high-performance synthetic fibers are used in diverse products and industries.
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https://www.avient.com/news/avient-highlights-its-broad-range-thermoplastic-composite-tapes-engineered-fibers-and-advanced-composite-materials-camx
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