https://www.avient.com/sites/default/files/2025-03/Q4 2024 Avient Webcast Slides w Non-GAAP.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;
• disruptions or inefficiencies in our supply chain, logistics, or operations;
• changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change;
• fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• demand for our products and services;
• 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 pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• information systems failures and cyberattacks;
• our ability to service our indebtedness and restrictions on our current and future operations due to our indebtedness;
• 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;
• 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, geopolitical conflicts, and any recessionary conditions; and
• other factors described in our Annual Report on Form 10-K under Item 1A, “Risk Factors.”
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Singapore %28English%29.pdf
Except where expressly stated, prices
and orders do not include excise, sales, goods and services, use
or other taxes or customs duties which are applicable to the
manufacture and supply of the Products.
Buyer
acknowledges and represents that it is familiar with and shall
strictly comply with all applicable Laws and Standards
concerning the trade, export or re-export of products, services,
data or technology (“Items”), including the International Traffic
in Arms Regulations (ITAR), the Export Administration
Regulations (EAR) and the trade sanctions regulations
administered by the U.S.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Luxembourg.pdf
The parties agree that the following events affecting the
Products, the delivery thereof or Seller's ability to perform its
obligations under these Terms shall constitute a force majeure
event: fire, flood, ice, natural catastrophe, strike, lockout, labor
shortage, labor dispute or trouble, accident, riot, act of
governmental authority, war, act of God, act of terrorism
(including cyber-terrorism), epidemics, pandemics or other health
crisis and resulting governmental measures such as lock-down,
quarantine or other related restrictions, and interruption, failure or
breakdown of any telecommunications or computer system or any
relevant service, infrastructure or other facility (including as a
result of external cyber-attacks or other incidents) or if
performance would be contrary to, or constitute a violation of, any
regulation, law, or requirement of a recognized government
authority.
Buyer acknowledges and represents that it is familiar with and
shall strictly comply with all applicable laws and regulations
concerning the trade, export or re-export of products, services,
data or technology (“Items”), including the International Traffic in
Arms Regulations (ITAR), the Export Administration Regulations
(EAR) and the trade sanctions regulations administered by the
U.S.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Investor Presentation_website w Non-GAAP.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;
• Disruptions or inefficiencies in our supply chain, logistics, or operations;
• Changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Demand for our products and services;
• 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 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;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including the implementation of a cloud-based enterprise resource planning system, S/4HANA;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, geopolitical conflicts 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.
For the same reasons, Avient is unable to address the probable significance of the unavailable information.
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
23%
19%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
https://www.avient.com/sites/default/files/2021-10/microbial-susceptibility-of-various-polymers-and-evaluation.pdf
KEYWORD S
additives, antimicrobial, biological applications of polymers, blends, elastomers,
thermoplastics
1 | INTRODUCTION
The global consumption of specialty biocides at the
manufacturing sales level was approximately 1.7 million
metric tons with a value of about $7.5 billion.[1] However,
the usage of these additives is quite nominal in plastics
($180 million USD) and other hard surfaces.[2] The SARS-
CoV-2 pandemic has brought to the forefront the necessity
for customers to protect themselves in the environment in
which they live, leading to a greater appreciation for disin-
fectant products in professional hygiene settings (airports,
hospitals, schools, etc.) as well as home disinfection applica-
tions, such as laundry sanitization.
The global
antimicrobial plastics market is forecasted to grow signifi-
cantly from 36.9 billion to 59.8 billion USD during 2020–
2025, a compound annual growth rate of 10.1%.[3] Similar
to the specialty biocides market, the outbreak of COVID-
19 has undoubtedly increased consumer cognizance of
high-touch plastic surfaces (e.g., phone cases, point-of-
purchase equipment, shopping carts, etc.).
Darcy, Biocides in Plastics Global Report - 2020, Biocide
Information Limited, Waterford, Ireland 2020.
[3] MarketsandMarkets Research Private Ltd.
https://www.avient.com/sites/default/files/2024-09/Compensation Committee Charter July 2024.pdf
Independence Assessment of Outside Advisers
• The Committee may select a compensation consultant, legal counsel or other adviser to the
Committee or receive advice from a compensation consultant, legal counsel or other adviser
(other than in-house legal counsel or any compensation consultant, legal counsel or other
adviser whose role is limited to the following activities for which no disclosure would be
required under Item 407(e)(3)(iii) of Regulation S-K: consulting on any broad-based plan
that does not discriminate in scope, terms, or operation, in favor of executive officers or
directors of the Company, and that is available generally to all salaried employees; or
providing information that either is not customized for a particular company or that is
customized based on parameters that are not developed by the compensation consultant, and
about which the compensation consultant does not provide advice) only after taking into
consideration all factors relevant to that person’s independence from management, including
the following:
5
• the provision of other services to the Company by the employer of the compensation
consultant, legal counsel or other adviser;
• the amount of fees received from the Company by the employer of the compensation
consultant, legal counsel or other adviser, as a percentage of the total revenue of the
employer of the compensation consultant, legal counsel or other adviser;
• the policies and procedures of the employer of the compensation consultant, legal counsel
or other adviser that are designed to prevent conflicts of interest;
• any business or personal relationship of the compensation consultant, legal counsel or
other adviser with a member of the Committee;
• any stock of the Company owned by the compensation consultant, legal counsel or other
adviser; and
• any business or personal relationship of the compensation consultant, legal counsel, other
adviser or the employer of the adviser with an executive officer of the Company
https://www.avient.com/sites/default/files/2021-09/supplier-code-of-conduct-fr.pdf
S’abstenir d’offrir de l’argent, des prêts, des crédits,
des remises préjudiciables, des cadeaux, des produits
ou des services à des collaborateurs d’Avient pour
leur usage ou leur avantage personnel.
https://www.avient.com/sites/default/files/2024-10/Compensation Committee Charter - Final.pdf
Independence Assessment of Outside Advisers
• The Committee may select a compensation consultant, legal counsel or other adviser to the
Committee or receive advice from a compensation consultant, legal counsel, or other adviser
only after taking into consideration all factors relevant to that person’s independence from
management, including the following:
o the provision of other services to the Company by the employer of the compensation
consultant, legal counsel or other adviser;
o the amount of fees received from the Company by the employer of the compensation
consultant, legal counsel, or other adviser, as a percentage of the total revenue of the
employer of the compensation consultant, legal counsel or other adviser;
o the policies and procedures of the employer of the compensation consultant, legal counsel
or other adviser that are designed to prevent conflicts of interest;
o any business or personal relationship of the compensation consultant, legal counsel, or
other adviser with a member of the Committee;
o any stock of the Company owned by the compensation consultant, legal counsel, or other
adviser; and
o any business or personal relationship of the compensation consultant, legal counsel, other
adviser, or the employer of the adviser with an executive officer of the Company
https://www.avient.com/sites/default/files/2020-09/edgetek-processing-guide.pdf
This portfolio includes high-temperature materials for elevated service temperature environments, high-modulus/structural
materials for load-bearing and high-strength applications, and flame-retardant products.
https://www.avient.com/sites/default/files/2022-05/Compensation Committee Charter (REV 10-2019).pdf
Independence Assessment of Outside Advisers
• The Committee may select a compensation consultant, legal counsel or other adviser to the
Committee or receive advice from a compensation consultant, legal counsel or other adviser
(other than in-house legal counsel or any compensation consultant, legal counsel or other
adviser whose role is limited to the following activities for which no disclosure would be
required under Item 407(e)(3)(iii) of Regulation S-K: consulting on any broad-based plan
that does not discriminate in scope, terms, or operation, in favor of executive officers or
directors of the Company, and that is available generally to all salaried employees; or
providing information that either is not customized for a particular company or that is
customized based on parameters that are not developed by the compensation consultant, and
about which the compensation consultant does not provide advice) only after taking into
consideration all factors relevant to that person’s independence from management, including
the following:
• the provision of other services to the Company by the employer of the compensation
consultant, legal counsel or other adviser;
5
• the amount of fees received from the Company by the employer of the compensation
consultant, legal counsel or other adviser, as a percentage of the total revenue of the
employer of the compensation consultant, legal counsel or other adviser;
• the policies and procedures of the employer of the compensation consultant, legal counsel
or other adviser that are designed to prevent conflicts of interest;
• any business or personal relationship of the compensation consultant, legal counsel or
other adviser with a member of the Committee;
• any stock of the Company owned by the compensation consultant, legal counsel or other
adviser; and
• any business or personal relationship of the compensation consultant, legal counsel, other
adviser or the employer of the adviser with an executive officer of the Company