https://www.avient.com/resources/safety-data-sheets?page=2902
CARIDIAN Blood bag 1 (Pricing only)
Potential A8503-01 for NSF61 (Pricing)
Services
https://www.avient.com/resources/safety-data-sheets?page=4341
GEON BOLD L5500 PACANE (PRICING)
GEON BOLD L5000 LHB PACANE (PRICING)
Services
https://www.avient.com/resources/safety-data-sheets?page=4916
R5165A YELLOW (PRICING)
R5165A RED (PRICING)
Services
https://www.avient.com/resources/safety-data-sheets?page=3094
GEON L7005 Tan (pricing only)
GEON P503 WHITE 1654 (pricing only)
Services
https://www.avient.com/resources/safety-data-sheets?page=2081
GEON HTX ULTRA LA426G Ivory 3759 (price)
GEON E7456 WHITE (Pricing only)
Services
https://www.avient.com/resources/safety-data-sheets?page=3138
15950-01 EXPE4792 Brown (pricing only)
GEON HTX ULTRA LA426CD Brown (pricing)
Services
https://www.avient.com/resources/safety-data-sheets?page=3295
SF#0059868 (PRICING)
GEON M3700 DK GRY (Pricing)
Services
https://www.avient.com/news/avient-feature-specialty-sustainable-technologies-k-2022
These new materials and services focus on meeting specific customer needs while helping to advance a circular economy.
Post-Consumer Recycled (PCR) Color Prediction Service is a digital service using sophisticated technology to help illustrate the color possibilities or limitations of certain types of PCR for customers, including polyolefins and polyethylene terephthalate (PET) resins.
To access Avient’s news library online, please visit https://www.avient.com/news-events.
https://www.avient.com/sites/default/files/2024-07/avient-human-rights-position-statement-updated-july-2021 %286%29.pdf
We define child labor as services by anyone under the age of 16 and, if local law is more
restrictive than our policy, we will comply with the more restrictive local law.
Our
disclosures are located at:
https://www.avient.com/company/policies-and-governance/ca-transparency-act-disclosure
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-trafficking-
statement
We reinforce Our Commitment to human rights, as set forth above, throughout our organization by
incorporating and reflecting these principles in organizational policies, training programs, and our
governance management framework.
https://www.avient.com/company/policies-and-governance/ca-transparency-act-disclosure
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-trafficking-statement
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-trafficking-statement
https://www.avient.com/sites/default/files/2020-10/supplier-code-of-conduct.pdf
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM);
• An inability to raise or sustain prices for products or services;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
GUIDANCE
11
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
12
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
40%
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
18%
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
13
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
Avient Specialty
Other Specialty /
2023E(%)
36
79
87
83 81
76
73
90
79 77 76
73
69
60
22
MULTIPLE EXPANSION
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.51.