https://www.avient.com/sites/default/files/2022-10/Dynaflex TPE - Aqueous Battery Gasket - Application Snapshot.pdf
ENERGY
STORAGE OEM
A Q U E O U S B A T T E R Y G A S K E T
• Sealing performance from -40 to 110°F
• Ability to flow in a long, thin seal design
• Chemical resistance to a proprietary electrolyte solution
• Natural color
• Provided a chemically resistant TPE that
outperformed competitive TPE and thermoplastic
rubber in rigorous customer testing
• Offered material expertise and education to
empower an informed material decision
• Enabled OEM to model and evaluate sealing
performance via design support and data files
• Met global production needs through material
consistency and local technical support
Dynaflex™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-05/AVNT May Investor Presentation_w_non-GAAP_0.pdf
Reconciliation to condensed
consolidated statements of income
Three months ended March 31,
2025 2024
$ Millions EPS (in $) $ Millions EPS (in $)
Net (loss) income attributable to Avient common shareholders (20.2) (0.22) 49.4 0.54
Special items, after-tax 75.7 0.82 5.5 0.06
Amortization expense, after-tax 14.5 0.16 14.9 0.16
Adjusted net income / EPS 70.0 0.76 69.8 0.76
Per share amounts may not recalculate from figures present herein due to rounding
11
1
Reconciliation to
EBITDA and Adjusted EBITDA
Three months ended March 31,
2025 2024
$ Millions $ Millions
Net (loss) income – GAAP (19.9) 49.7
Income tax (benefit) expense (6.7) 16.8
Interest expense, net 26.9 26.6
Depreciation & amortization 45.3 44.3
EBITDA 45.6 137.4
Special items, before tax 101.2 6.2
Interest expense included in special items (1.7) -
Depreciation & amortization included in special items (0.4) (0.5)
Adjusted EBITDA 144.7 143.1
Adjusted EBITDA as a percent of sales 17.5% 17.3%
PAGE 1 OF 3
Copyright © .
All Rights Reserved
2025 30
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 © .
All Rights Reserved
2025 31
Reconciliation of
Non-GAAP financial
measures
Reconciliation to condensed
consolidated statements of income
Three months ended March 31, 2023
$ Millions EPS (in $)
Net income from continuing operations attributable
to Avient common shareholders
20.8 0.23
Special items, after-tax 22.3 0.24
Amortization expense, after-tax 15.1 0.16
Adjusted net income / EPS 58.2 0.63
1
Reconciliation to
EBITDA and Adjusted EBITDA
Year ended December 31, 2024
$ Millions
Net income – GAAP 170.7
Income tax expense 54.1
Interest expense 105.6
Depreciation & amortization 179.7
EBITDA 510.1
Special items, before tax 20.1
Interest expense included in special items (2.3)
Depreciation & amortization included in special items (1.5)
Adjusted EBITDA 526.4
Adjusted EBITDA as a percent of sales 16.2%
PAGE 3 OF 3
Reconciliation to condensed
consolidated statements of income
Three months ended June 30, 2024
$ Millions EPS (in $)
Net income attributable to Avient common shareholders 33.6 0.36
Special items, after-tax 21.8 0.24
Amortization expense, after-tax 14.8 0.16
Adjusted net income / EPS 70.2 0.76
Reconciliation to condensed
consolidated statements of income
Year ended December 31, 2024
$ Millions EPS (in $)
Net (loss) income attributable to Avient common shareholders 169.5 1.84
Special items, after-tax 15.9 0.17
Amortization expense, after-tax 59.5 0.65
Adjusted net income / EPS 244.9 2.66
Per share amounts may not recalculate from figures present herein due to rounding
1
1
1
Q4 2024 Earnings webcast
Slide 1
Slide 2: Disclaimer
Slide 3: Avient at a glance...
https://www.avient.com/sites/default/files/2022-08/Avient Candidates Data Privacy Notice Final - Swedish.pdf
Er personliga information hanteras och skyddas i enlighet med
detta meddelande när ni skickar er ansökan, meritförteckning och/eller CV med hjälp av vårt online-
ansökningsverktyg.
Att skicka sådana uppgifter är dock frivilligt och ni är inte skyldiga att skicka dem som en del av er
online-meritförteckning och -ansökan.
Avient kan samla in er personliga information på följande sätt när ni gör en ansökan:
• Online: När ni ansöker online med hjälp av webbplatserna;
• Via e-post.
https://www.avient.com/sites/default/files/2021-12/avient-investor-day-registration-details21.pdf
To access Avient’s news library online, please visit www.avient.com/news.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Singapore %28English%29.pdf
Taxes, Fees, and Duties.
Such tax and duties will
be added by Seller to the sales price when Seller has the legal
obligation to collect the same and Buyer will pay such taxes and
duties unless Buyer provides Seller with a proper tax exemption
certificate for each jurisdiction in which taxes otherwise would
be due.
In the event Seller is required to pay any such tax or duty
at the time of sale or thereafter, Buyer will promptly reimburse
Seller for the total amount of any such tax or duties.
https://www.avient.com/sites/default/files/2023-01/Mevopur Standard Colors Product Bulletin _ Color Card.pdf
KEY CHARACTERISTICS
• Globally harmonized formulations are
manufactured at four ISO 13485 certified
medical sites, providing global consistency
and increased security of supply
• Documented change control available
• A range of standard colors eliminates color
matching to expedite development time
• The portfolio includes compliant colors for
use in:
- Needle hub applications: ISO 6009
- Ophthalmic container closures
(American Academy of Ophthalmology)
REGULATORY SUPPORT
• A library of pre-tested raw materials including:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
HEALTHCARE APPLICATIONS
• Medical devices such as catheters, surgical and
dental instruments, and drug delivery devices
• Pharmaceutical packaging including vials
and bottles
• Diagnostics for blood analysis or In Vitro
Diagnostics (IVD)
PRODUCT BULLETIN & COLOR CARD
* FDA/EU compliance information available upon request; exceptions may occur
Color Pantone Reference PE Base PP Base
Transparent
PP Base PEBA Base PC Base
Transparent
PC Base* ABS Base*
White — PE0M176031 PP0M176045 ** AH0M415001 NC0M176058 ** SB0M665206
Yellow 102C PE1M176076 PP1M176060 PP1M176062 AH1M415002 NC1M176058 NC1M176059 SB1M664958
Orange 158C PE2M176044 PP2M176046 ** ** NC2M176044 NC2M664912 SB2M664939
Red 199C PE3M176131 PP3M176111 PP3M176113 AH3M415002 NC3M176116 NC3M176122 SB3M665037
Pink 196C PE3M176130 PP3M176109 ** AH3M415001 NC3M176117 NC3M665052 SB3M665039
Violet 2593C PE4M176023 PP4M176036 PP4M176039 AH4M415001 NC4M176038 NC4M176044 SB4M664978
Light Blue 292C PE5M176155 PP5M176169 ** AH5M415003 NC5M176142 ** SB5M665402
Mid Blue 285C PE5M176154 PP5M176171 PP5M176175 AH5M415002 NC5M176143 NC5M176146 SB5M665404
Dark Blue 288C PE5M176153 PP5M176173 ** ** NC5M176144 ** SB5M665406
Light Green 346C PE6M176128 PP6M176111 ** ** NC6M176118 ** SB6M665070
Bluish Green 3145C PE6M176126 PP6M176115 ** ** NC6M176119 ** SB6M665068
Medium Green 348C PE6M176127 PP6M176113 PP6M176118 AH6M415001 NC6M176120 NC6M176121 SB6M665072
Dark Gray 425C PE7M176066 PP7M176091 PP7M176094 ** NC7M176124 ** SB7M665297
Mid Gray Cool Gray 5C PE7M176067 PP7M176089 ** AH7M415001 NC7M176125 NC7M665175 SB7M665295
Beige 7502C PE8M176048 PP8M176058 ** ** NC8M176058 ** SB8M664871
Brown 463C/731C PE8M176049 PP8M176060 ** ** NC8M176059 ** SB8M664869
Black Black C PL9M176008 PP9M176017 ** ** NC9M176008 NC9M176009 SB9M664896
Colors may vary from actual color shown.
https://www.avient.com/sites/default/files/2023-01/Mevopur Healthcare Colorants and Formulations Special Effects Application Bulletin_0.pdf
KEY CHARACTERISTICS
• Manufactured at four ISO 13485 certified
manufacturing sites, providing global
consistency and increased security of supply
• Documented change control beyond CAS
number, reducing risk of change
• Non-phthalate and formulated without
animal-derived substances
• Available as pre-colored formulation or
concentrate and for use in different polymers
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU**
APPLICATION BULLETIN
* Design note: Effect colors require careful consideration of part design and
polymer flow paths to minimize visible flow lines.
https://www.avient.com/sites/default/files/2022-12/Mevopur Healthcare Functional Additives Medical Devices Application Bulletin.pdf
KEY CHARACTERISTICS
• Manufactured at four ISO 13485 certified sites,
providing global consistency and increased
security of supply
• Documented change control beyond CAS
number reducing risk of change
• Non-phthalate and formulated without animal-
derived substances
• Available for use in a wide range of polymers
including polyolefins, styrenics, polycarbonate
and alloys, polyester, POM
• Functionality can be combined with colorants
into convenient combination concentrates and
ready-to-use formulations
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request
FUNCTIONALITY TARGET APPLICATIONS
DRUG
DELIVERY
DEVICES
SYRINGES &
NEEDLES DIAGNOSTICS CATHETERS
Clarifying PP
Sorbitol-free for transparent
applications with reduced migration
and improved thermal stability
Lubricant—
permanent/
non-migrating
Fast acting reduction in friction
for wide variety of polymers such
as PP, ABS, POM, PC
Protection from
UV in transparent
applications for PP,
PE, PETG, COP
UV blocking in 290-450nm with
no impact on clarity; can be
combined with colors (e.g., amber)
Antistatic ready-to-
use solution for PP,
ABS, PC/ABS
Permanent/non-migrating;
fast decay time independent
of % relative humidity
Gamma/e-beam
sterilization
protection of the
polymer
Preserving the properties of
PP and COC/COP; reduction
in yellowing using Color
Compensation Technology (CCT)
Reduced material
consumption/cycle
time—nucleation
Fast acting new generation
nucleant for PE and PP; improved
thermal and mechanical properties
allows wall thinning; reduction of
tolerance/dimensional problems
between different colors
Laser marking
replacing ink
printing/labels
Solvent-free, high-speed
identification for Nd/YAG laser
for PE,PP, ABS, PC, POM
Antioxidants for
PE, PP, TPE
Thermal protection during
converting/downstream sterilization
Brand protection/
anticounterfeit
Covert and non-covert systems
Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/2022-12/Mevopur Laser Marking Additives Application Bulletin.pdf
KEY CHARACTERISTICS
• Designed for Nd:YAG lasers operating between
1060-1070 nm
• Available for different polymers including
PP, PE, PC, PBT, POM, ABS, MABS
• Manufactured at four ISO 13485 certified sites,
providing global consistency and increased
security of supply
• Documented change control beyond CAS
number, reducing risk of change
• Can be designed for dark marking on natural
or white/light colored background or light
marking on black/dark background
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share and Adjusted Tax Rate, to the most comparable GAAP financial measures on a forward-
looking basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
We also monitor earnings (defined as net income from continuing operations) before interest, taxes, depreciation
and amortization (EBITDA) and adjusted EBITDA (EBITDA before the impact of special items) as a supplement to our GAAP
measures.
Three Months Ended
December 31,
2023 2022
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income (loss) from continuing operations attributable to Avient
shareholders $ 27.8 $ 0.30 $ (17.0) $ (0.19)
Special items, after tax (Attachment 3) 5.4 0.06 38.3 0.42
Amortization expense, after-tax 15.0 0.16 14.6 0.16
Adjusted net income / EPS $ 48.2 $ 0.52 $ 35.9 $ 0.39
(1) Per share amounts may not recalculate from figures presented herein due to rounding
Year Ended
December 31,
2023 2022
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 75.8 $ 0.83 $ 82.8 $ 0.90
Special items, after tax (Attachment 3) 79.3 0.86 116.2 1.26
Amortization expense, after-tax 61.5 0.67 49.0 0.53
Adjusted net income / EPS $ 216.6 $ 2.36 $ 248.0 $ 2.69
(1) Per share amounts may not recalculate from figures presented herein due to rounding
1
Three Months Ended
December 31,
Year Ended
December 31,
Reconciliation to EBITDA and Pro Forma Adjusted EBITDA 2023 2022 2023 2022
Sales - GAAP $ 719.0 $ 790.4 $ 3,142.8 $ 3,396.9
Pro forma APM adjustments — — — 256.1
Pro forma adjusted sales $ 719.0 $ 790.4 $ 3,142.8 $ 3,653.0
Net income (loss) from continuing operations – GAAP $ 27.6 $ (16.6) $ 76.3 $ 83.1
Income tax (benefit) expense (7.0) (60.8) 11.0 (19.3)
Interest expense 26.8 49.4 115.3 119.8
Depreciation and amortization from continuing operations 44.2 48.6 188.8 162.5
EBITDA from continuing operations $ 91.6 $ 20.6 $ 391.4 $ 346.1
Special items, before tax 22.4 104.3 114.6 194.0
Interest expense included in special items (0.1) (16.0) (2.3) (26.0)
Depreciation and amortization included in special items — (1.5) (1.9) (5.5)
Adjusted EBITDA $ 113.9 $ 107.4 $ 501.8 $ 508.6
APM pro forma adjustments - 8 months 2022* — — — 83.1
Pro forma adjusted EBITDA $ 113.9 $ 107.4 $ 501.8 $ 591.7
Pro forma adjusted EBITDA as a percent of sales 15.8 % 13.6 % 16.0 % 16.2 %
* Pro forma adjustment for January - August 2022 APM results (period before Avient ownership).