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/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.
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
We create specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
Our customers value the breadth of our solutions as we can tap into a broad array of raw materials to solve their specific needs.
Our formulation expertise supports material science decisions, while our processing expertise guides customers to use the materials properly.
https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
We create specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
Our customers value the breadth of our solutions as we can tap into a broad array of raw materials to solve their specific needs.
Our formulation expertise supports material science decisions, while our processing expertise guides customers to use the materials properly.
https://www.avient.com/sites/default/files/2023-01/ECCOH XL Cross-Linkable Solutions _8001_ Product Bulletin.pdf
When used with a catalyst masterbatch, these materials enable the manufacturing of thermoset insulation using the silane chemical crosslinking process.
This material meets the industry standards typical for cable insulation.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2020-09/stat-tech-for-adas-application-bulletin.pdf
At the same time, this material makes the housing lighter and more compact than aluminum.
Design freedom – Stat-Tech material is injection moldable, enabling function integration and thin wall housing construction, without compromising dimensional stability.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2024-09/Chemical Resistance Technical Bulletin %281%29.pdf
Avient has served the healthcare industry for decades with a full portfolio of innovative materials and services.
TEST METHOD Fifteen bars of each material were placed into jigs at 1% and 2% strain.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2024-09/Complet OnForce LFT Overview _ Brand Brochure.pdf
With appropriate material selection and part design optimization, long carbon fiber materials can reduce the weight of components up to 50% compared to aluminum.
DESIGN & DEPLOY WITH CONFIDENCE Transitioning from traditional materials to long fiber composites requires an integrated approach that includes material formulation, component design, and forming process.
This is the best way to maximize long fiber performance and get the most benefit from material change.
https://www.avient.com/sites/default/files/2025-05/AVNT May Investor Presentation_w_non-GAAP_0.pdf
Offsetting any inflationary headwinds with our time-tested rigor in raw material sourcing, substitution and pricing actions 6.
All Rights Reserved 2025 19 Specialty Engineered Materials – Q1 2025 performance Sales 314 308 Q1 2024 Q1 2025 Flat EXCL.
All Rights Reserved 2025 28 NON-HYDROCARBON MATERIALS HYDROCARBON-BASED ~35% of the raw material basket including part of “Other raw materials” are hydrocarbon-based Raw material basket 16% 14% 9% 2% 37% 9% 5% 4% 4% Performance additives Pigments TiO2 Dyestuffs Styrenic block copolymers Polypropylene Nylon Polyethylene Other raw materials Copyright © .
https://www.avient.com/sites/default/files/2020-08/trilliant-case-study-1.pdf
It wanted to avoid the brittleness, cracking and resulting product recalls and added costs that happen when the material is put in contact with harsh disinfectants.
The manufacturer was struggling to find a replacement material with excellent chemical resistance and a high flame retardant rating.
During stress testing, materials were exposed for seven days at either 1.0% strain or 1.5% strain.