https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
Lorraine /S/ WILLIAM H.
Goff, William H.
Walters, Richard H.
https://www.avient.com/sites/default/files/2020-09/sustainabilityreport2018.pdf
NYMAX™ AND BERGAMID™ RECLAIMED NYLON FORMULATIONS offer high strength, durability and impact resistance, all while enabling landfill waste reduction of >21M pounds since 2016, by providing an alternative use for post-industrial reclaimed nylon*.
Scope 1 Scope 2 Greenhouse Gas Emissions Intensity Sustainability Report | 2018 63 Environmental Metrics/Charts 0.0 0.3 0.6 0.9 1.2 1.5 2016 2017 2018 (M W h / M T P ro d u ct io n ) Energy Intensity 0 60,000 120,000 180,000 240,000 300,000 2016 2017 2018 (M T S co p e 1 & 2 C O 2e ) GHG Emissions (MT CO2e) Energy IntensityEnergy Source Breakdown Purchased Electricity Purchased Steam Natural Gas Diesel Fuel 43.85% 14.55% .28% 41.31% 41 Energy Saving Projects Eliminated 4600+ MT of Carbon Dioxide Per Year Emissions Reductions (M T S co p e 1 & 2 C O 2 / M T P ro d u ce d ) 1.00 .80 .60 .40 .20 0 .43 .37 .37 64 Sustainability Report | 2018 Lean Six Sigma Impact Efficiency and continuous improvement are at the core of our Operational Excellence strategy and also ensure we’re taking responsible care of our planet.
Patterson, Richard H.
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
PATTERSON Chairman, President and Chief Executive Off icer, PolyOne Corporation Committee: 3 RICHARD H.
Patterson, Richard H.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
DISCLAIMER Avient Corporation 3 Avient Corporation 4 Welcome Bob Patterson Chairman, President, and Chief Executive Officer INTRODUCTION Sustainability for a Better Tomorrow Jamie Beggs Senior Vice President and Chief Financial Officer Avient Corporation 5 WE ARE A FORMULATOR CUSTOM FORMULATION Avient Corporation 6 Avient Corporation 7 WE ARE INNOVATORS 2,500+ ACTIVE PATENT FILINGS WORLDWIDE 1,100+ RESEARCH AND DEVELOPMENT ASSOCIATES >85% Stage-gate technology projects enable sustainable solutions INDIA INNOVATION CENTER 33% 2022 VITALITY INDEX 140+ MATERIAL SCIENCE PhD ASSOCIATES Avient Corporation 8 3% 3% 5% Avient Specialty Formulators Other Specialty / Chemical Companies CAPEX / Revenue 2023E Global footprint enables greater flexibility to exceed needs of customers and deliver localized technical and formulation expertise 35 9 36 24 Manufacturing Locations by Region WE ARE ASSET LIGHT Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA Avient Corporation 9 Asset-light flexibility enables more nimble manufacturing capabilities and lower overhead Periods of economic weakness have driven higher levels of cash generation due to working capital improvement PROVEN TRACK RECORD OF HIGH FREE CASH FLOW CONVERSION 78% 78% 80% 80% 81% 78% 84% 83% 80% 79% 50% 55% 60% 65% 70% 75% 80% 85% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E 0 50 100 150 200 250 300 350 400 Fr ee C as h Fl ow C on ve rs io n Fr ee C as h Fl ow FCF $ AVNT FCF Conversion % S&P FCF Conversion % 2 Recent Divestitures - Combined $1.7B in Proceeds PORTFOLIO EVOLUTION Avient Corporation 10 Combined $3.6B Investment in Acquisitions Since 2016 Color Business Distribution 2016 2022 PORTFOLIO TRANSFORMATION 7% 46% 66% 87% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2020 2023 % o f A dj us te d EB IT DA Commodity JVs Distribution Performance Products & Solutions Specialty Businesses Adjusted EBITDA from Specialty Applications Avient Corporation 11 END MARKET TRANSFORMATION Packaging Consumer Healthcare Defense Avient Corporation 12 10% 19% 8% 23% 4% 7% 7% 2006 2023E Other Industri es 78% Healthcare Consumer Packaging 22% 56% 14% 10% 43% 9% 2006 2023E Reduced Exposure to Cyclical End Markets End Market Diversification Transportation Building & Construction 57% 19% Defense IMPROVING PROFITABILITY AND EXPANDING MARGINS Avient Corporation 13 Adj.
https://www.avient.com/sites/default/files/2023-11/SEM TPE Product Selector Guide _N. America only_2023.pdf
FEATURED TPES FOR CONSUMER APPLICATIONS CO NSUM ER GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES Appearance Hardness Specific Gravity Food Contact UL 94 Suitable Substrates Injection Extrusion ASTM Shore ASTM (D792) Consumer Electronics Series Versaflex™ CE 3120-40 Natural 42A 0.92 - - PC, ABS, PC/ABS, COPE ✔ - Good compression set—ideal for device cases or electronic grips Versaflex™ CE 3120-65 Natural 66A 1.15 - HB PC, ABS, PC/ABS, COPE ✔ - Chemical and abrasion resistant; 4.69 cradle-to-gate PCF—ideal for device cases or electronic grips Versaflex™ CE 3140-65N Natural 65A 1.00 - - PC, ABS, PC/ABS, COPE ✔ - 5G transparent materials—ideal for device cases or gaskets Versaflex™ CE 3140-90N Natural 90A 1.01 - - PC, ABS, PC/ABS, COPE ✔ - 5G transparent materials—ideal for device cases or gaskets Versaflex™ CE 3620 Black/ Natural 65A 1.00 - HB PC, ABS, PC/ABS, COPE ✔ - Chemical and abrasion resistant, hydrolitically stable—ideal for electronic grips/gaskets or wearables Engineering Resin Overmolds Versaflex™ OM 1060X-1 Natural 60A 0.93 ✔ - PC, ABS, PC/ABS ✔ - Versatile OM resin—ideal for grips/gaskets Versaflex™ OM 9-801N Natural 47A 1.04 ✔ HB PC, ABS, PC/ABS, PPO, POM, COPE, PMMA, HIPS ✔ - Soft touch/rubber feel—ideal for grips/gaskets Versaflex™ OM 9-802CL Clear 40A 0.92 ✔ - PC, ABS, PC/ABS, COPE ✔ - Soft touch/rubber feel—ideal for grips/gaskets Versaflex™ OM 6059-9 Black 58A 1.10 - HB PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6160-1 Black/ Natural 60A 1.11 ✔ HB PA 6 and 6,6 ✔ Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6240-1 Natural 43A 1.09 - - PA 6 and 6,6 ✔ - Superior adhesion — ideal for grips, power tools/equipment Versaflex™ OM 6258-1 Natural 62A 1.09 - - PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6258-9 Black 62A 1.09 - HB PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6275-9 Black 75A 1.10 - - PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versollan™ OM1255NX Black 59A 1.05 - HB PC, ABS, PC/ABS, PC/PBT, COPE ✔ - Superior adhesion—ideal for power tool grips Versollan™ RU 2205-1 Natural 65A 1.16 - HB PC, ABS, PC/ABS, COPE ✔ ✔ High performance, rubber feel GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES Appearance Hardness Specific Gravity Food Contact UL 94 Suitable Substrates Injection Extrusion ASTM Shore ASTM (D792) Special Series Versaflex™ VDT 4202-40B Black 40A 1.00 - - PP ✔ ✔ Vibration dispersion—ideal for washer/dryer feet or shin guards Versaflex™ G2800-17 Pink 18 OO 0.85 - - - ✔ - Skin-like feel—ideal for adult toys Versaflex™ SP 2820-55N Natural 55A 0.91 ✔ - - ✔ ✔ Superior puncture and tear resistance—ideal for dog toys Versaflex™ XP 2850 Natural 55A 0.88 ✔ - - ✔ ✔ Wet grip—ideal for water sports or grips Versaflex™ GP 2810-40N AM US Translucent 45A 0.87 ✔ - - ✔ - Antimicrobial Versaflex™ CE 3120-65 AM Natural 67A 1.15 - - PC, ABS, PC/ABS, COPE ✔ - Antimicrobial for consumer electronics Versalloy™ XL 9045-1 Natural 44A 0.88 ✔ - - ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9055-1 Natural 53A 0.89 ✔ - PP ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9055X-9 Black 53A 0.89 ✔ HB PP ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9070-1 Natural 70A 0.89 ✔ - PP ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9070X-9 Black 70A 0.89 ✔ HB PP ✔ - Excellent flow for long, thin flow paths; 2.54 cradle-to-gate PCF—ideal for grips or thin wall parts Dynaflex™ G7702-9001-02 Black 37A 1.10 - - PP ✔ ✔ High temperature performance—ideal for seals and gaskets Dynalloy™ DT 7910W White 45A 0.93 ✔ - - ✔ ✔ Low compression—ideal for dairy tubing Versaflex™ CL 2000X Clear 3A 0.87 ✔ - - ✔ ✔ Ultra soft Versaflex™ CL 2003X Clear 33 OO 0.87 ✔ - - ✔ ✔ Gel feel Versaflex™ CL30 Clear 30A 0.89 ✔ - PP ✔ ✔ High clarity, high tackiness Versaflex™ CL40 Clear 43A 0.89 ✔ HB - ✔ ✔ High clarity, high tackiness General Purpose Series Versaflex™ GP 2810 Translucent 20A–60A 0.88 ✔ - - ✔ ✔ Unfilled Versaflex™ GP 2810 Translucent 70A–90A 0.89 ✔ HB - ✔ ✔ Unfilled Dynaflex™ G7920 Natural/Black 20A 1.01 ✔ - PP ✔ ✔ Filled Dynaflex™ G7900 Natural/Black 30A–90A 1.05–1.20 ✔ HB PP ✔ ✔ Filled FEATURED TPES FOR CONSUMER APPLICATIONS CO NSUM ER GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES Appearance Hardness Specific Gravity Compression Set @ 23°C Compression Set @ 100°C Food Contact ISO 10993 USP VI UL 94 Suitable Substrates Injection Extrusion ASTM Shore A ASTM (D792) ASTM % ASTM % Tubing Versaflex™ G2705 N Translucent 60 0.89 20 - ✔ ✔ ✔ ✔ PP ✔ ✔ High resiliance, low compression set, and good puncture sealing–ideal for medical and biopharma tubing Versaflex™ HC BT218 Translucent 67 0.89 19 69 - ✔ ✔ ✔ - - ✔ Weldable and kink resistant—ideal for biopharma tubing Versalfex™ HC BIO BT218 Translucent 70 0.88 18 58 - ✔ ✔ - - - ✔ Weldable and kink resistant; 40% bio-derived content (Gen 1 biomass)—ideal for biopharma tubing Versaflex™ HC MT317 Translucent 68 0.89 17 69 - ✔ ✔ ✔ - - ✔ Flexible and kink resistant, high service temperature —ideal for medical and biopharma tubing Versalloy™ HC 9220-70 Natural 70 0.95 17 51 - ✔ ✔ - PP ✔ ✔ High temperature resistance—ideal for peristaltic pump tubing Syringe Components Versaflex™ HC 2110-35N Natural 35 0.89 19 47 - ✔ ✔ - LDPE, PP ✔ - Good puncture sealing and elevated temperature performance—ideal for septums Versaflex™ HC 2110-57B Black 57 1.01 20 37 - ✔ ✔ - - ✔ - Low coefficient of friction and elevated temperature performance—ideal for plungers and stoppers Engineering Resin Overmolds Versaflex™ OM 1040X-1 Translucent 42 0.92 22 - ✔ ✔ ✔ - PC, ABS, PC/ABS ✔ - Good compression set at room temperature— ideal for seals and grips Versaflex™ OM 3060-1 Clear 59 0.90 33 - ✔ ✔ ✔ HB PC, ABS, PC/ABS, PC/PETG, PC/PBT ✔ - Good compression set at room temperature and UV stability—ideal for seals and grips Versaflex™ OM 8940X-1 Clear 40 0.92 20 - ✔ ✔ - - PK, COPE, PC, ABS, PC/ABS ✔ - Excellent chemical resistance to alcohols and disenfectants—ideal for grips on medical devices Versaflex™ OM 4052 Translucent 56 1.01 27 - ✔ - - - PC, ABS, PC/ABS ✔ - Excellent chemical resistance to skin oils, like sebum, and hand lotion—ideal for consumer healthcare applications Versaflex™ OM 4063 Translucent 64 1.12 30 - ✔ - - PC, ABS, PC/ABS ✔ - Excellent chemical resistance to skin oils, like sebum, and hand lotion—ideal for consumer healthcare applications General Purpose Applications Versaflex™ CL E85 Clear 85 0.90 20 72 ✔ ✔ ✔ - - - ✔ High clarity without plasticizers—ideal for extrusion Versaflex™ HC 3810 Series Translucent 20–90 0.88 16 54 - ✔ - - - ✔ - Formulated without animal derivatives, excellent colorability—ideal for seals and labware Versaflex™ G2705 N Translucent 60 0.89 20 - ✔ ✔ ✔ - PP ✔ ✔ High resiliance, low compression set, and good puncture sealing Versalloy™ HC 9220-70 Natural 70 0.95 17 51 - ✔ - - PP ✔ ✔ High temperature resistance Versalloy™ HC 9210 Series Natural 55 & 70 0.89 20 44 - - ✔ - - ✔ - Formulated without animal derivatives— ideal for injection molding long thin flow paths, smooth surface aesthetics Versaflex™ CL2242 Clear 43 0.89 23 - ✔ ✔ ✔ - - ✔ - High clarity maintained after boiling cleaning processes Versaflex™ CL2250 Clear 50 0.89 20 - ✔ ✔ ✔ - - ✔ - High clarity maintained after boiling cleaning processes FEATURED TPES FOR HEALTHCARE APPLICATIONS H EALTH CARE GENERAL PROPERTIES REGULATORY BONDING PROCESS FEATURES Appearance Hardness Specific Gravity Weatherability* VOC FOG Odor** UL 94 Suitable Substrates Injection Extrusion ASTM Shore A ASTM (D792) Internal QUV 1000hrs (Delta E) VDA 278 μg/g (ppm) VDA 278 μg/g (ppm) Recycled Content Series reSound™ REC OF 7310-80 Black/ Natural (Gray) 80 0.90 0.35 75 379 3 (VDA 270) - PP ✔ 35% PCR/PIR content (food packaging)— ideal for automotive interior applications reSound™ REC OF 7310-90 Black/ Natural (Gray) 90 0.91 0.11 160 557 3 (VDA 270) - PP ✔ 45% PCR/PIR content (food packaging)— ideal for automotive interior applications General Purpose Series OnFlex™ G7705 B Black 42 1.20 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7705 N Natural 44 1.18 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7720 B Black 57 1.16 0.55 - - - HB PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7720 N Natural 55 1.17 3.72 - - - HB PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7820 N Natural 92 1.14 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications Automotive Fasteners & Interior Components OnFlex™ AF 7210 Series Natural 40–90 1.00 - - - - - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 40 1.00 0.49 113 845 2 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 50 1.00 0.42 51 762 2 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 60 1.00 0.21 112 1740 1 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 70 0.99 0.22 105 1976 3 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 80 1.00 0.32 74 4459 3 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 90 1.00 - - - - - PP ✔ - Low odor and good UV resistance HVAC & Interior Components OnFlex™ LO 7120-45N Natural 45 1.15 3.21 41 521 2 (SAE J1351, Dry) - PP ✔ - Significant reductions in VOCs and fogging compared to traditional TPE technologies GLS™ TPEs with Antimicrobial Technologies OnFlex™ LO 7120-45B AM Black 45 1.13 0.52 - - - - PP ✔ - Imbedded antimicrobial technology FEATURED TPES FOR TRANSPORTATION APPLICATIONS TRANSPO RTATIO N * Values were taken on 3mm plaques following 1000hrs of continious exposure to UVA-340 ** Samples were conditioned at 23C at 35% RH for 24 hrs.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
EPS: $1.20 Proforma Debt Maturities & Liquidity Summary – 12/31/12 (Reflecting Financing & Spartech Acquisition) • Total Debt at 12/31/12 h $1,010 $297 $360 $300 $400 Debt Maturities As of December 31, 2012 ($ millions) Less: Cash Net Debt 213 $797 $50 $297 $100 $200 • Available Liquidity Cash $213 $800 Debt Maturities As of December 31, 2012 P f f 2/13 Fi i $50 $0 2015 2017 2020 Interest Rates: 7.500% 5.000% 7.375% Cash ABL Availability Total Liquidity $213 271 $484 $600 $400 $600 Proforma for 2/13 Financing ($ millions) Total Liquidity • Net Debt / EBITDA = 2.0x* $484 $50 $360 $0 $200 • Net Debt / EBITDA = 2.35x** $50$0 2015 2020 2023 Page 14 Interest Rates: 7.500% 7.375% 5.250% *Assumes $65 million of synergies related to Spartech acquistion **Assumes no synergies related to Spartech acquistion Use of Cash Share DividendsOrganic G Acquisitions • Repurchased 1 2 Repurchase • Introduced a Dividends • Expanding our Growth T t th t d Acquisitions • Repurchased 1.2 million shares in 2012 • 20.0 million shares are il bl f • Introduced a quarterly dividend in Q1 2011 and increased in Q1 2012 (25%) and Q1 2013 (20%) • Expanding our sales, marketing, and technical capabilities is top priority • Investing in • Targets that expand our: • Specialty offering • End market presence • Geographic footprint available for repurchase under the current authorization Q1 2013 (20%) • Objective of maintaining and growing Investing in operational and LSS initiatives (including synergy capture) • CAPEX • Synergy opportunities • Adjacent material solutions Proforma Cash Balance = $213M N t D bt / EBITDA* 2 0X CAPEX Net Debt / EBITDA* = 2.0X *Adjusted EBITDA assumes synergies related to the Spartech acquisition are realized at close; preliminary synergies estimated at $65M and are expected to be achieved over a 3-year period Page 15 Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
Khandpur Richard H.
Richard H.
Abernathy Richard H.
https://www.avient.com/sites/default/files/2020-09/gravi-tech-processing-guide-chinese.pdf
建议仅使用自然平衡的流道系统(“H”型)。
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
EPS (ex Amort) 3.96$ 0.13$ 4.09$ (0.58)$ 3.51$ Pro Forma Leverage (12/31/2022E) Net Debt / Adjusted EBITDA 1.6x 3.4x 2.8x Forecast Dyneema Forecast + Dyneema Sale of Distribution Pro Forma 2022 TWO-YEAR LEVERAGE MODEL 16 3.5x 2.7x 1.6x 2.8x 2.4x 2.0x 2019PF 2020PF 2022E 2022PF 2023E 2024E Dyneema® AcquisitionClariant Color Acquisition (1) Pro forma for the acquisition of the Clariant Color business (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan (1) (1) (2) OUR SPECIALTY JOURNEY CONTINUES 17 • Dyneema® brings leading technology and brand with the World’s Strongest Fiber™, deep history of application development and strong management team focused on specialty applications • Dyneema® transaction is aligned with our previously stated acquisition goal of expanding our composites and fiber capabilities • Similar to our other technology expansion acquisitions, Dyneema® allows us to leverage our invest-to-grow strategy • The possible sale of our Distribution business also presents potential benefits with respect to leverage and EBITDA margins 7% 46% 66% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj u st ed E B IT D A (1 ) JVs Distribution Performance Products & Solutions Specialty (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution (2) Healthcare 4% Packaging 8% Consumer 10% Building & Construction 43% Industrial 15% Transportation 14% Energy 4% Telecom. 2% 2006 2022 Pro forma Healthcare 8% Packaging 23% Consumer 21% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% Defense 6% END MARKET TRANSFORMATION TO LESS CYCLICAL INDUSTRIES ( W IT H DY N E E MA, E X .
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
Annual Purchases RAW MATERIAL AND SUPPLY CHAIN UPDATE Based on 2021 purchases, excludes Distribution business DYN E E MA ACQ U I S I T I O N 32 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 33 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 34 Figures reflect 2022 expected sales MIFOverview Competition Valuechain & Go-to-market Strategy Innovation Financials TECHNOLOGY 35 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 36 • 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 37 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 38 • 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 39 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 40 AVIENT’S COMPOSITES PORTFOLIO SALES AND EBITDA 41 $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) SEGMENT DATA U.S. & Canada 50% EMEA 25% Asia 16% Latin America 9% 2021 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 23% Packaging 19% Industrial 16% Building and Construction 10% Telecommunications 4% Energy 2% END MARKET REVENUE (1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs $2,402M $409M $919M $164M $1,631M $94M Sales EBITDA Distribution Specialty Engineered Materials Color Additives and Inks $581M$4,819M (1) Transportation 11% Healthcare 15% 43 Packaging 34% Consumer 21% Healthcare 8% Industrial 16% Building & Construction 10% Transportation 9% Energy 1% Telecommunications 1% C O L O R , A D D I T I V E S & I N K S 2021 REVENUE | $2 .4 BILLION US & Canada 32% EMEA 40% Asia 21% Latin America 7% END MARKET REGION 44 All charts reflect 2021 financials S P E C I A LT Y E N G I N E E R E D M AT E R I A L S Consumer 27% Healthcare 10% Packaging 7% Telecommunications 16% Transportation 11% Industrial 11% Building & Construction 11% Energy 7% 2021 REVENUE | $919 MILLION END MARKET US & Canada 55% EMEA 25% Asia 20% REGION 45 All charts reflect 2021 financials D I S T R I BU T I O N Healthcare 26% Consumer 23% Packaging 5% Industrial 20% Transportation 16% Building and Construction 8% Energy 1% Telecommunications 1% US & Canada 80% Asia 3% Latin America 17% END MARKET REGION K EY SU PPL IER S 2021 REVENUE | $1 .6 BILLION 46 All charts reflect 2021 financials TOTA L C O M PA N Y R E G I O N A L S A L E S BY END MARKET Packaging 30% Consumer 26%Healthcare 13% Industrial 14% Building & Construction 5% Telecommunications 2% Energy 2% Asia (16% of sales) Transportation 8% Packaging 32% Consumer 13% Healthcare 5% Industrial 17% Building & Construction 12% Telecommunications 5% Energy 4% EMEA (25% of sales) Transportation 12% 47 Consumer 25% Healthcare 19% Packaging 10% Industrial 17% Building & Construction 10% Telecommunications 4% Energy 2% US & Canada (50% of sales) Transportation 13% Packaging 38% Consumer 33% Healthcare 8% Industrial 10% Building & Construction 5% Telecommunications 1% LATAM (9% of sales) Transportation 5% All charts reflect 2021 financials 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.