https://www.avient.com/sites/default/files/2021-12/Concrete Reinforcement Application Snapshot.pdf
CONCRETE
REINFORCEMENT
I N F R A S T R U C T U R E R E P A I R
• Alternative to steel for reduced weight and improved
corrosion resistance
• Surface modification capabilities to improve concrete
adhesion
• Superior strength-to-weight ratio
• Durable, long-lasting performance to extend service life
• Provided peel ply and other surface
modification capabilities that comply with
specific CA regulations and allowed for
better adhesion with concrete
• Performed with higher strength-to-weight
ratio than typical steel alternatives
• Prolonged service life by resisting
corrosion and dampening vibration
Glasforms™ Carbon Fiber Composites
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-01/complet-lft-scorpyd-crossbow.pdf
SCORPYD™
CROSSBOW
I N T E G R A T E D R A I L A N D R I S E R
• Reduce weight by replacing aluminum
• Integrate bolt rail and riser for supporting limbs into unified
assembly
• Achieved a 40% weight reduction to
improve handling and firing ease
• Provided structural design services to create
industry-first integrated rail and riser
assembly
• Conducted FEA performance analysis to
confirm long carbon fiber reinforced
composite met extreme requirements
Complēt™ Long Carbon Fiber ETPU
Composite
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
DESIGN SERVICES + WEIGHT REDUCTION
LEARN MORE
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2023-06/Maxxam - EV Part - Application Snapshot.pdf
KUNSTSTOFF
SCHWANDEN
E L E C T R I C V E H I C L E P A R T
• Replace aluminum to reduce part weight and overall
weight of the electric vehicle
• Secure supply of high volume of material
• Flexible delivery
• Cost competitive
• Enabled OEM to replace metal and reduce part
weight
• Provided excellent customer service, sending
samples and technical data promptly
• Supported customer with processing queries
• Secured material supply and flexible delivery –
delivering on a specific date each month
Maxxam™ Polyolefin Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/POL%2520Credit%2520Suisse%2520IR%2520Presentation%2520w%2520non-GAAP%25209%252017%25202013.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated savings and
operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies;
Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being
accretive;
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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate
liquidity) to maintain their credit availability;
The speed and extent of an economic recovery, including the recovery of the housing market;
Our ability to achieve new business gains;
The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks;
Changes in polymer consumption growth rates in the markets where we conduct business;
Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
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;
An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital
reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
Our ability to continue to pay cash dividends;
The amount and timing of repurchases of our common shares, if any; and
Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and
changes in the rate of inflation
EPS: $1.00
$0.54
$0.68
$0.30
$0.45
$0.60
$0.75
H1'12 H1'13
Adjusted EPS
$101.0
$132.6
$50.0
$100.0
$150.0
H1'12 H1'13
Adjusted Operating Income
(millions)
+31%
$68.6
$97.7
$50.0
$75.0
$100.0
H1'12 H1'13
Specialty Operating Income
(millions)
First Half 2013 Financial Highlights
• Adjusted EPS increased 26% over prior
year first half
• Operating Income expanded 31%
versus first half 2012
• Specialty operating income up 42%
• Revenue grew 22% versus 1H ‘12
• Portfolio transformation activities
Completed acquisition of Spartech
Divested non-core Resin business
+26%
+42%
Page 12
• Significant Debt Maturities $ 1,010
Other Debt 21
• Total Debt at 6/30/13
Less: Cash
Net Debt
• Available Liquidity
Cash
ABL Availability
Total Liquidity
• Net Debt / EBITDA = 1.9x
• Net Debt / EBITDA = 2.1x*(tax adjusted)
$392
310
$702
$1,031
392
$639
$50
$360
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Significant Debt Maturities
As of June 30, 2013
($ millions)
Page 13
Coupon Rates: 7.500% 7.375% 5.250%
*Pro Forma TTM for taxes on resin gain
Debt Maturities & Liquidity Summary – 6/30/13
Cash Balance = $392M
Net Debt / EBITDA* = 1.9x
• Repurchased
~3.0M shares
YTD in 2013
• 17 million shares
are available for
repurchase under
the current
authorization
Share
Repurchase
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Objective of
maintaining and
growing
Dividends
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
Organic
Growth
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
• Synergy opportunities
• Adjacent material solutions
• North American
manufacturing alignment
Acquisitions
*TTM 6/30/2013
Use of Cash
Page 14
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
&
Canada
EMEA
Asia
Latin America
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
36%
18%
5%
7%
7%
23%
19%
9%
16%
10%
5% 4%
Defense
Healthcare
Packaging
Consumer
Building &
Construction
Industrial
Transportation
Energy Telecom
Geography
Segment
Industry
2024 Financial Guidance
$515 to $540 million
Adjusted EBITDA
$2.55 to $2.70
Adjusted EPS
4
Industry Sustainability Standards
ESG Ratings Performance
1
2
4
87th
94th
percentile
Avient CDP Score:
A-
SUSTAINABILITY PERFORMANCE
AND RECOGNITION
A U G U S T 6 , 2 0 2 4
W E B C A S T
P R E S E N TA T I O N
6
Q2 2024 HIGHLIGHTS
• 5% organic sales growth supported by
broad-based growth across all regions
in both CAI and SEM segments
• Growth stemmed from gaining share,
winning new product specifications
and restocking in certain end markets
• Cost control and operational
discipline expanded EBITDA margins
by 100 bps
• EPS exceeded guidance by $0.05
and increased 21% vs the prior year
Adj.
Three Months Ended
June 30,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 33.6 $ 0.36 $ 22.1 $ 0.24
Special items, after-tax 21.8 0.24 19.6 0.21
Amortization expense, after-tax 14.8 0.16 16.2 0.18
Adjusted net income / EPS $ 70.2 $ 0.76 $ 57.9 $ 0.63
Three Months Ended
June 30,
Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023
Net income from continuing operations – GAAP $ 33.8 $ 22.3
Income tax expense 11.2 10.4
Interest expense, net 26.6 29.4
Depreciation & amortization 44.9 47.6
EBITDA from continuing operations $ 116.5 $ 109.7
Special items, before tax 28.1 21.7
Interest expense included in special items (1.0) —
Depreciation & amortization included in special items (0.3) (0.1)
Adjusted EBITDA $ 143.3 $ 131.3
Adjusted EBITDA as a percent of sales 16.9 % 15.9 %
1
Three Months Ended
June 30,
2024 2023
Sales:
Color, Additives and Inks $ 542.0 $ 524.5
Specialty Engineered Materials 308.1 300.8
Corporate (0.4) (0.9)
Sales $ 849.7 $ 824.4
Operating income:
Color, Additives and Inks $ 86.1 $ 68.0
Specialty Engineered Materials 42.8 39.7
Corporate (56.4) (45.4)
Operating income $ 72.5 $ 62.3
Depreciation & amortization:
Color, Additives and Inks $ 21.8 $ 25.7
Specialty Engineered Materials 20.8 19.9
Corporate 2.3 2.0
Depreciation & amortization $ 44.9 $ 47.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 107.9 $ 93.7
Specialty Engineered Materials 63.6 59.6
Corporate (54.1) (43.4)
Other expense, net (0.9) (0.2)
EBITDA from continuing operations 116.5 109.7
Special items, before tax 28.1 21.7
Interest expense included in special items (1.0) —
Depreciation & amortization included in special items (0.3) (0.1)
Adjusted EBITDA $ 143.3 $ 131.3
Adjusted EBITDA as a percent of sales:
Color, Additives and Inks 19.9 % 17.9 %
Specialty Engineered Materials 20.6 % 19.8 %
2
Year Ended
December 31, 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS
Net income from continuing operations attributable to Avient shareholders $ 75.8 $ 0.83
Special items, after-tax 79.3 0.86
Amortization expense, after-tax 61.5 0.67
Adjusted net income / EPS $ 216.6 $ 2.36
Adjusted Free Cash Flow Calculation December 31, 2023
Cash provided by operating activities $ 201.6
Capital expenditures (119.4)
Free cash flow 82.2
Taxes paid on gain on sale of business 104.1
Adjusted free cash flow $ 186.3
Year Ended
December 31, 2023
Sales:
Color, Additives and Inks $ 2,007.4
Specialty Engineered Materials 1,138.2
Corporate (2.8)
Sales $ 3,142.8
Operating income:
Color, Additives and Inks $ 259.9
Specialty Engineered Materials 142.5
Corporate (205.6)
Operating income $ 196.8
Depreciation & amortization:
Color, Additives and Inks $ 98.3
Specialty Engineered Materials 81.5
Corporate 9.0
Depreciation & amortization $ 188.8
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 358.2
Specialty Engineered Materials 224.0
Corporate (196.6)
Other income, net 5.8
EBITDA from continuing operations 391.4
Special items, before tax 114.6
Interest expense included in special items (2.3)
Depreciation & amortization included in special items (1.9)
Adjusted EBITDA $ 501.8
Adjusted EBITDA as a percent of sales 16.0 %
3
AVNT M8 Investor Presentation.pdf
Avient Disclaimer SLide.pdf
AVNT M8 Investor Presentation
IR Deck - AVNT-2024.06.30 (M8) (8.26.24 11AM Milestone August 26 1053 am).pdf
Attachment
https://www.avient.com/sites/default/files/2025-02/Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
Share gains and geographic penetration
all Avient
Amplify innovation
Copyright © .
Three Months Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 48.3 $ 0.52 $ 27.8 $ 0.30
Special items, after-tax (18.0) (0.20) 5.4 0.06
Amortization expense, after-tax 14.8 0.17 15.0 0.16
Adjusted net income / EPS $ 45.1 $ 0.49 $ 48.2 $ 0.52
(1) Per share amounts may not recalculate from figures presented herein due to rounding
Year Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 169.5 $ 1.84 $ 75.8 $ 0.83
Special items, after-tax 15.9 0.17 79.3 0.86
Amortization expense, after-tax 59.5 0.65 61.5 0.67
Adjusted net income / EPS $ 244.9 $ 2.66 $ 216.6 $ 2.36
(1) Per share amounts may not recalculate from figures presented herein due to rounding
Three Months Ended
December 31,
Year Ended
December 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 2024 2023
Net income from continuing operations – GAAP $ 48.5 $ 27.6 $ 170.7 $ 76.3
Income tax expense (benefit) 14.8 (7.0) 54.1 11.0
Interest expense 25.5 26.8 105.6 115.3
Depreciation and amortization from continuing operations 45.4 44.2 179.7 188.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
Adjusted EBITDA as a percent of sales 14.7 % 15.8 % 16.2 % 16.0 %
1
Three Months Ended
December 31,
Year Ended
December 31,
2024 2023 2024 2023
Sales:
Color, Additives and Inks $ 467.7 $ 459.4 $ 2,046.5 $ 2,007.4
Specialty Engineered Materials 279.7 259.8 1,196.8 1,138.2
Corporate (0.9) (0.2) (2.9) (2.8)
Sales $ 746.5 $ 719.0 $ 3,240.4 $ 3,142.8
Gross margin:
Color, Additives and Inks $ 152.6 $ 148.3 $ 681.1 $ 631.2
Specialty Engineered Materials 84.2 78.1 374.9 341.8
Corporate 22.7 (17.5) 0.7 (80.5)
Gross margin $ 259.5 $ 208.9 $ 1,056.7 $ 892.5
Selling and administrative expense:
Color, Additives and Inks $ 92.8 $ 86.5 $ 384.9 $ 371.3
Specialty Engineered Materials 49.6 48.7 207.7 199.3
Corporate 31.5 30.6 134.8 125.1
Selling and administrative expense $ 173.9 $ 165.8 $ 727.4 $ 695.7
Operating income:
Color, Additives and Inks $ 59.8 $ 61.8 $ 296.2 $ 259.9
Specialty Engineered Materials 34.6 29.4 167.2 142.5
Corporate (8.8) (48.1) (134.1) (205.6)
Operating income $ 85.6 $ 43.1 $ 329.3 $ 196.8
Depreciation and amortization:
Color, Additives and Inks $ 21.9 $ 22.2 $ 87.5 $ 98.3
Specialty Engineered Materials 21.0 19.8 82.1 81.5
Corporate 2.5 2.2 10.1 9.0
Depreciation and amortization $ 45.4 $ 44.2 $ 179.7 $ 188.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 81.7 $ 84.0 $ 383.7 $ 358.2
Specialty Engineered Materials 55.6 49.2 249.3 224.0
Corporate (6.3) (45.9) (124.0) (196.6)
Other income, net 3.2 4.3 1.1 5.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
2
Year Ended December 31,
Adjusted Free Cash Flow Calculation 2024 2023
Cash provided by operating activities $ 256.8 $ 201.6
Taxes paid on gain on sale of business — 104.1
One-time payout associated with deferred compensation plans 20.8 —
Adjusted cash provided by operating activities $ 277.6 $ 305.7
Capital expenditures (121.9) (119.4)
Adjusted free cash flow $ 155.7 $ 186.3
Three Months Ended March 31, 2024
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 49.4 $ 0.54
Special items, after-tax 5.5 0.06
Amortization expense, after-tax 14.9 0.16
Adjusted net income / EPS $ 69.8 $ 0.76
(1) Per share amounts may not recalculate from figures presented herein due to rounding
3
AVNT February Investor Presentation_2_25.pdf
Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
Avient February 2025 Investor Presentation_w_non-GAAP.pdf
Non-GAAP- IR Deck - AVNT-2024.12.31 2.06.25 12PM.pdf
Attachment
https://www.avient.com/sites/default/files/2021-10/gravi-tech-tequila-cap-one-page-case-study.pdf
GLOBAL CLOSURES
PRODUCER
T E Q U I L A C A P
• A weighted material that could be injection molded
• A material with evenly distributed weight
• Suitable for over molding with a TPE to be used as a
stopper in a tequila bottle
• Formulated a 2.5 specific gravity weighted
PP material that is FDA approved
• Simplified processing steps and created an
evenly balanced closure that was over-
molded with a TPE
• Expedited development of material to meet
customer deadline
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WEIGHT + PROCESSABILITY
LEARN MORE
Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-therma-tech-led-light-heat-exchanger.pdf
© 2019, All Right Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
LED LIGHT
MANUFACTURER
H E A T E X C H A N G E R F O R A N
E L E C T R O N I C C I R C U I T B O A R D
• Looking to replace aluminum
• Reduce corrosion
• Light weighting
• Eliminated the effects of corrosion
• Provided a lightweight alternative to aluminium
• Redesigned the part for easier processing and
further weight reduction
• Enabled the customer to take a new, innovative
product in to the market
Therma-Tech™ Thermally Conductive Formulation
KEY REQUIREMENTS WHY AVIENT?
THERMAL CONDUCTIVITY & LIGHT WEIGHTING
AVIENT SOLUTION
LEARN MORE
© 2020, All Right Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
https://www.polyone.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/therma
Led light manufacturer
https://www.avient.com/sites/default/files/2020-09/crtm-panel-product-bulletin-2020.pdf
Tailored to customer design and
performance specifications, panels are engineered
with custom formulated resins, structural core
materials, and fibers to achieve specific stiffness,
strength, weight, performance and cost targets.
KEY CHARACTERISTICS
Avient CRTM panels offer significant benefits
to customers, including:
• Superior strength to weight ratio
• Unlimited length capability; widths
up to 108"
• Thermal insulation
• Ultra-low thermal conductivity
• Customized density, thickness, weight
and color
• Vibration damping and acoustic insulation
• Chemical and corrosion resistance
• Consistent cross-sections and quality
PRODUCT BULLETIN
Other thicknesses/architectures are available.
Areal weight
(lbs.
https://www.avient.com/sites/default/files/2025-02/Advanced Composites in Building _ Construction Application Guide.pdf
Transforming
Modular
& Offsite
Construction
with Advanced Composites
APPLICATION GUIDE
Siding & Cladding
Impact resistance; thermal
expansion reduction; superior
strength-to-thickness ratio
compared to traditional siding
Roofing Systems
Impact resistance; flexural strength; thermally
insulative; will not contribute to mold or rot
Interior Wall, Floor, &
Ceiling Panel Systems
Improved structural integrity;
integrated fire protection;
customized dimensions & finishes;
thermal insulation; water, pest,
& impact resistance
Doors
Impact resistance; ballistic resistance;
high strength-to-weight ratio
Exterior Sheathing
Continuous insulation;
impact, moisture & rot resistance;
lightweight construction
Garage Doors
Impact & corrosion resistance; high flexural
strength; customized dimensions & finishes;
weatherability; UV stability; weight reduction
Flood Barriers
Moisture & corrosion resistance;
durable; will not contribute to
mold growth
Composite Decking & Lumber
Reinforcements for increased strength;
material & weight reduction
Cabinetry & Storage
Weight reduction; customized dimensions & finishes
Hammerhead™ FR Flame
Retardant Composite Panels
& Laminates
Hammerhead™ & Polystrand™
Composite Panels
GlasArmor™ & ThermoBallistic™
Ballistic Panels
Polystrand™
Continuous Fiber Tapes
ADVANCED COMPOSITES
FOR BUILDING
& CONSTRUCTION Polystrand™
Continuous Fiber Laminates
Storm Shutters
Impact & ballistic resistance;
superior strength-to-weight ratio
Safe/Panic Rooms
Ballistic & impact resistance
1.844.4AVIENT
www.avient.com
Copyright © 2025, Avient Corporation.
MATERIAL
SOLUTION DESCRIPTION KEY CHARACTERISTICS
POTENTIAL
APPLICATIONS
Hammerhead™ FR
Flame Retardant
Composite Panels
Industry-first flame retardant
thermoplastic composite panels
that meet ASTM E84 Class A
standards for flame spread and
smoke developed and passed
NFPA 286 corner room burn testing
• Excellent flame performance
• Moisture, UV, corrosion, impact,
and rot resistant
• Lightweight structural integrity
• Reduce labor cost and time
• Interior Wall, Floor &
Ceiling Panel Systems
• Garage Doors
• Interior & Entry Doors
• Exterior Sheathing
• Siding & Cladding
• Kitchen Cabinetry
Hammerhead™
and Polystrand™
Composite Panels
Thermoplastic composite
panels constructed with
Polystrand™ continuous fiber
laminates thermally bonded to
thermoplastic foam or
honeycomb cores
• Moisture, UV, corrosion, impact,
and rot resistant
• Lightweight structural integrity
• Reduce labor cost and time
• Garage Doors
• Interior Entry Doors
• Interior Wall, Floor &
Ceiling Panel Systems
• Exterior Sheathing
• Siding & Cladding
• Kitchen Cabinetry
Polystrand™
Continuous Fiber
Tapes & Laminates
High strength unidirectional
(UD) glass fibers combined with
thermoplastic resins available in
unidirectional tapes or multi-ply
laminates
• High strength and stiffness
• Enables impact resistance
• Formulations available to meet
ASTM E84 Class A and Class B
flame/smoke rating
• Composite Deckng
• Interior & Entry Doors
• Roofing Systems
GlasArmor™
Ballistic
Resistant Panels
Ballistic protection constructed
from layers of 0°/90° woven
E-glass fiber reinforcements
with a proprietary thermoset
resin system
• UL 752 Level 1–3 compliant
• Less than 25% the weight of
comparable steel panel
• 1-hr fire rating per ASTM E119*
• Safe/Panic Rooms
• Garage Doors
• Interior & Entry Doors
ThermoBallistic™
Thermoplastic
Panels
Industry-first thermoplastic
ballistic resistant panels thermally
formed with layers of 0°/90° UD
E-glass fiber reinforcements and
polyolefin-based resin systems
• UL 752 Level 3 compliant
• Extremely lightweight
• Moisture, UV, and corrosion
resistant
• Safe/Panic Rooms
• Garage Doors
• Interior & Entry Doors
* UL Level 3 panel was fire tested as part of a wall system with steel studs and drywall facesheet