https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
AVIENT CORPORATION S E C O N D Q U A R T E R 2 0 2 3 R E S U L T S (NYSE: AVNT) J U LY 2 7 , 2 0 2 3 DISCLAIMER Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Additionally, Adjusted EPS excludes the impact of special items and amortization expense associated with intangible assets. 2 COMPOSITES PORTFOLIO D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D P A N E L S T E C H N O L O G Y LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers 4 DEFENSE TELECOMMUNICATIONS ENERGY TRANSPORTATION Military • Law Enforcement First Responders Body Armor • Helmets Vehicle Protection Sustainable Infrastructure Offshore Wind Electrical Grid Protection EV Battery Components Commercial Laminates Body & Trim • Air Cargo and Railroad Car Panels 5G Applications Fiber Optic Cables Satellite Communications Connectors and Components 5 COMPOSITES SERVE DIVERSIFIED END MARKETS INDUSTRIAL Lifting Slings • Aquaculture High Pressure Pipe Conveyer Springs Q 2 P ER FO RM A N CE Q2 2023 PERFORMANCE VS.
Global Compact • Highlights ESG Performance, including ratings, awards, and certifications • Features increased carbon emissions disclosures, including Climate Change Scenario Analysis and Scope 3 emissions data • Outlines Sustainable Supplier Program, designed to enable supplier evaluation & collaboration • Reflects Great Place To Work® culture focused on safety, employee engagement and advancing diversity, equity and inclusion 2022 SUSTAINABILITY REPORT 15 Avient Confidential 16 • Virtual presentation to be held September 20, 2023 • Leadership will be conducting an investor-focused presentation around our sustainable solutions portfolio • Deep dive into how we enable customers to achieve their sustainability goals SUSTAINABILITY DAY 16 …are Growing at Twice the Rate as Conventional Products Sustainably-Branded Products… STAKEHOLDER INFLUENCE DRIVES DEMAND Consumers Are demanding recyclability and eco- conscious products Governments Are mandating changes through legislation, taxes, and regional accords Brand Owners Have committed to ambitious goals to achieve sustainability metrics 17 AP P EN D IX 20 Performance Additives 16% Pigments 12% TiO2 10% Dyestuffs 2% Polyethylene 11% Nylon 6% Polypropylene 5% Styrenic Block Copolymer 5% Other Raw Materials 33% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 2022 pro forma results for the acquisition of Avient Protective Materials RAW MATERIAL BASKET PEER COMPARISONS AVIENT IS ASSET LIGHT Capex / Revenue 2023E (%) Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of July 21, 2023 Note: Avient reflects 2023 estimated revenue of $3,280 and estimated run-rate CAPEX of $110M. 22 3 2 3 3 4 4 3 3 4 5 5 7 8 8 A vi en t K W R P P G F U L R P M A V Y F M C H U N C E H X L E C L A S H E M N S C L FREE CASH FLOW CONVERSION Source: Peer data per Bloomberg as of July 21, 2023 Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2023-11/ISO 9001_EN_Changzhou.pdf
Unified social credit code: 91320412MA1NMF5W4P is in conformity with Quality Management System Standard: GB/T19001-2016 / ISO9001:2015 The certificate is valid to the following product(s)/service: Textile (Yarn), Glass Products (Yarn) Coating Processing Registration Address/ Physical Address: R&D Workshop 5, No. 8, Lanxiang Road, West Taihu Science and Technology Industrial Park, Changzhou City, Jiangsu Province, P.
https://www.avient.com/sites/default/files/2024-11/Phil Clark Bio - 2024.pdf
He previously worked at 3M for 17 years, leading R&D efforts in both corporate innovation and business segment roles, including an international assignment based in South Korea.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Chris Pederson.pdf
He later joined Cytec, where he led composite product development for the Americas and Asia Pacific regions, served as Vice President of R&D, and ultimately was promoted to Vice President of Cytec’s global Aerospace Engineered Materials business, which included P&L responsibility.
https://www.avient.com/sites/default/files/2021-04/versaflex-hc-3810-covid-19-containment-tube-screw-caps-case-study.pdf
DIAGNOSTICS MANUFACTURER C O V I D - 1 9 C O N T A I N M E N T T U B E S C R E W C A P S • Wide range of durometers with consistent raw materials • Processing consistencies across the durometer ranges for an easy transition between materials • Materials formulated without animal derivatives at a competitive cost • Offered a comprehensive range of solutions to accommodate specific application demands such as barrier, flexibility, and sealing performance • Provided materials manufactured in an ISO 13485 certified facility • Delivered a series of medical-grade TPEs that could be extruded and injection molded Versaflex™ HC 3810 Thermoplastic Elastomers KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-10/Wall Partitions Mini Case Study.pdf
WALL PARTITION MANUFACTURER F O O D P R O C E S S I N G E N V I R O N M E N T S • Decrease growth of microbes on plastic surfaces that come in contact with food products • Compatibility with sheet extrusion processing • Maintain all other functional attributes inherent to product, such as ROHS, flame retardant standards, and specific brand color • Seamlessly incorporated multifunctional additives for optimal performance in reducing microbe growth • Developed custom formulation for complex processing configurations in sheet extrusion technology • Provided expertise in antimicrobial performance, chemical resistance, flame retardance, and regulatory product stewardship Cesa™ WithStand™ Antimicrobial Additives and Smartbatch™ Combination Colorants and Additives KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/onflex-lo-hvac-flap-spanish.pdf
OnFlex LO - HVAC Flap - Spanish PROVEEDOR TIER 2 R E J I L L A P A R A S I S T E M A S D E V E N T I L A C I Ó N Y C A L E F A C C I Ó N • Eliminar el post-calentamiento de las piezas a fin de lograr el nivel de olor necesario (≤3.0 VDA 270) • Tener la menor emisión de compuestos orgánicos volátiles (VOC/FOG) (VDA 278), con el mismo compresión set del material anterior • Menos pasos de procesamiento y menores costos de energía para el moldeador • Se lograron los niveles VOC/FOG requeridos y se cumplió el desempeño con el estándar de compresión set OnFlex™ LO REQUERIMIENTOS CLAVE ¿POR QUÉ AVIENT?
https://www.avient.com/sites/default/files/2020-12/excelite-1-page-case-study-grab-handle.pdf
Excelite OnePager Grab Handle (2) TIER 1 MOLDER A U T O M O T I V E G R A B H A N D L E • Reduce production cycle times • Achieve processing consistency in chemical foaming additive (CFA) performance • Control dimensional stability and reduce production scrap rates • Lower conversion costs • Improved cycle time by 20% • Achieved additional 2% density reduction • Resulted in a finer cell structure with a higher cell density, significantly improving dispersion and dimensional stability • Maintained Class A finish • Reduced CFA use rate by 80% Excelite™ IM Chemical Foaming Additives KEY REQUIREMENTS* WHY AVIENT?
https://www.avient.com/sites/default/files/2025-04/CCG PVDF Extrusion_Molding Case Study.pdf
WIRE & CABLE OEM P V D F E X T R U S I O N • Improve extrusion line speed • Minimize defects, optimize coefficient of friction (CoF), control extrusion pressure, and eliminate die drool • Prevent melt fracture (sharkskin) • Reduce energy use in processing to achieve cost savings • Delivered a polyvinylidene fluoride (PVDF) solution that improved extrusion production times • Provided application specialists with deep knowledge of PVDF processing windows (melt and degradation temperatures) to help boost overall processing performance • Enhanced surface aesthetics by reducing friction and improving flow stability • Gained a reduction in energy use and offered added savings for other PVDF applications such as wire jacketing or tube and pipe extrusion Colorant Chromatics PVDF Processing Aid KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-09/Waste Mgmt OEM Application Snapshot.pdf
LEADING WASTE MANAGEMENT OEM I N D U S T R I A L C O N T A I N E R S • Eliminate shrinkage and warpage, and control dimensional aspects of finished parts • Improve quality assurance metrics and reduce downtime associated with quality rejections • Reduce process parameter changes and maintain consistency when running multiple colors • Lightweighting solution offering energy savings, process optimization & extended manufacturing run times • Preserved industrial waste container quality while maintaining functional performance and application dimensional stability • Provided xpertise in process optimization and polymer formulation, where material & mold flow, reducing cycle times, and color harmony between diverse polymers matter most • Accelerated speed to market by several weeks with versatile agnostic product forms (solid and liquid) coupled with technical service Hydrocerol™ and Excelite™ Chemical Foaming Agents (CFA) KEY REQUIREMENTS WHY AVIENT?