From a material perspective, we can help you make your way through regulatory complexities by leveraging our Product Stewardship program. And many of our offerings comply with the current alphabet soup of regulatory requirements, from FDA to RoHS, USP to ISP, CPSIA to Prop 65. Article Manufacturer Grows Market Share with Lead-Free Products Kalas expands offerings by reducing heavy metal in wire, cable.

Despite this, our teams delivered organic sales growth for the fourth consecutive quarter and expanded adjusted EBITDA margins 20 basis points to 17.5%. The non-GAAP financial measures include organic performance (which excludes the impact of foreign exchange), adjusted EPS, adjusted operating income, adjusted EBITDA, adjusted EBITDA margins, free cash flow and adjusted free cash flow. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world’s strongest fiber™.

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. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP. Tax adjustments include the net tax expense/benefit from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuation allowance adjustments.

With a comprehensive portfolio of high- performance and sustainable materials, Avient offers the broadest range of solutions, capabilities, and resources designed to satisfy even the most demanding industries—from consumer and packaging to transportation and healthcare. Our services range from engineering support to industrial design, and we can help drive your project from concept to reality. Avient makes no warranties or guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.

Expand EBITDA margins to 20% 3. Maintain asset-light, 80% free cash flow conversion profile 5. Further, as a result of Avient's portfolio shift to a pure play specialty formulator, it has completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization.

D is t. ) LB Median: 5%Median: 3% Avient reflects 2021 estimated revenue of $4,300M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Other Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators. With the Clariant Masterbatch acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 20 Avient reflects 2021 estimated EBITDA of $560M OUR VALUATION VERSUS PEERS Avient Specialty Other 10.2 17.7 16.0 14.9 14.6 11.6 11.1 26.7 24.0 22.8 14.3 12.7 11.5 11.2 11.1 11.0 10.3 10.1 9.5 9.4 8.3 7.0 Median: 11.1xMedian: 14.8x SUMMARY: WHY INVEST IN AVIENT? We are Avient.

We seek to move the needle in expanding our Sustainable initiatives with the partnership of our suppliers. Avient’s business objective is to use conflict free materials and components in our products and expects our global supply chain partners to do the same. The template also facilitates the identification of new smelters and refiners to potentially undergo an audit via the RMI Conflict–Free Smelter program.

From a material perspective, we can help you make your way through regulatory complexities by leveraging our Product Stewardship program. And many of our offerings comply with the current alphabet soup of regulatory requirements, from FDA to RoHS, USP to ISP, CPSIA to Prop 65. Article Manufacturer Grows Market Share with Lead-Free Products Kalas expands offerings by reducing heavy metal in wire, cable.

Broad modulus range, from very flexible to very rigid grades Browse and download our literature to learn more about Avient solutions and services. Watch our free webinar

ECCOH™ Low Smoke & Fume Non-Halogen Formulation 5981 UV and chemically resistant thermoplastic for Teck 90 cable outer jackets ECCOH 5981 UV thermoplastic is a cost-effective material for jacketing, combining high environmental stress crack resistance (ESCR), UV performance, good shear strength, and flame-retardant properties for low-voltage, armored cables. KEY CHARACTERISTICS • Smoke mitigation • Flame resistance • Passes -40° cold impact testing • Crush resistance • UV resistance • Suitable for CSA Teck 90 specification • Excellent tensile strength (2,910 psi) • Natural grades for easy colorability MARKETS & APPLICATIONS This LSFOH thermoplastic meets critical requirements for low-voltage, armored cable jackets. Avient makes no warranties or guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.