https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
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.
25
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
A
vi
e
n
t
K
W
R
P
P
G
A
V
Y
R
P
M
F
U
L
G
C
P
A
L
B
H
X
L
E
C
L
IF
F
F
M
C
B
N
R
A
S
H
S
C
L
E
M
N
U
N
V
R
K
R
A
C
E
H
U
N
Median: 11.1xMedian: 14.6x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-may-2021-w-non-gaap-recs.pdf
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.
28
Avient reflects 2021 estimated EBITDA of $560M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
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
A
vi
e
n
t
K
W
R
A
V
Y
R
P
M
P
P
G
G
C
P
F
U
L
A
L
B
H
X
L
E
C
L
IF
F
F
M
C
B
N
R
A
S
H
G
R
A
F
O
E
S
C
L
E
M
N
U
N
V
R
C
E
K
R
A
H
U
N
Median: 11.1xMedian: 14.8x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
With the Clariant Color business
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.
33
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
11.4
20.2
16.7 16.5
14.7
12.0
10.8
40.7
29.9
26.2
13.2 12.4
11.0 10.9
9.1 9.0
7.5
6.5
A
vi
e
n
t
K
W
R
P
P
G
A
V
Y
R
P
M
F
U
L
G
C
P
A
L
B
H
X
L
E
C
L
A
S
H
F
M
C
B
N
R
S
C
L
U
N
V
R
E
M
N
C
E
H
U
N
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-june-2021-w-non-gaap-recs_0.pdf
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.
28
Avient reflects 2021 estimated EBITDA of $560M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
10.4
18.2
16.0 15.5 15.3
11.3 11.0
29.7
26.5
23.5
18.2
13.4
11.9 11.9 11.7 10.5 10.4 10.3
10.1 9.7
7.7
6.5
A
vi
e
n
t
K
W
R
A
V
Y
P
P
G
R
P
M
F
U
L
G
C
P
H
X
L
A
L
B
E
C
L
IF
F
F
M
C
B
N
R
A
S
H
G
R
A
E
M
N
F
O
E
S
C
L
U
N
V
R
C
E
K
R
A
H
U
N
Median: 11.7xMedian: 15.4x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
HIGHLIGHTS from 2023:
Key Markets
Key Customer Challenges
• Improve fuel economy
• Reduce energy consumption
• Reduce carbon footprint
• Lessening environmental impact
Avient Solutions & Services
• Specialty solutions designed to replace traditional
materials (e.g. metal, wood) at lower weight
• Alternative solutions to reduce emittance of
volatile organic compounds
• Lightweighting design and solutions to reduce
material usage
• Avient Design Ser vices to reduce weight or
energy consumption
REDUCE
Consumer Transportation Building &
Construction
20%
LESS MATERIAL
Lightweight Dashboards
Hydrocerol™ Chemical
Foaming Agents
LEARN MORE
REDUCES
VOCs
SmartBatch™ FX for
Body & Trim Paint
Replacement
LEARN MORE
59%
Air Cargo Nets
Bio-Based Dyneema® Fiber
LEARN MORE
SUSTAINABLE DESIGN
Design for Lightweighting
Avient Design Services
LEARN MORE
LESS
WEIGHT
60%
EV Connectors
Edgetek™ PKE Non-Halogen Flame Retardant
Formulations
LEARN MORE40%
LED Lighting Components
Therma-Tech™ Thermally
Conductive Formulations
LEARN MORE
LESS CO
2
THAN NYLON
LIGHTER THAN
ALUMINUM LEARN MORE
Avient Sustainability
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 43Sustainability Report | 2023 43
https://www.avient.com/products/polymer-additives/foaming-agents/hydrocerol-chemical-foaming-agents
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-fx-paint-replacement-0
https://www.dyneema.com/sustainability/bio-based-dyneema-fiber
https://www.avient.com/resource-center/services/avient-design
https://www.avient.com/products/engineered-polymer-formulations/chemical-corrosion-resistant-formulations/edgetek-pke-polyketone-formulations
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/therma-tech-thermally-conductive-formulations
https://www.avient.com/company/sustainability/sustainable-solutions-portfolio
PRESERVE
Avient’s portfolio of PRESERVE sustainable solutions are designed to preser ve natural resources like water, protect human health and
safety, and enable sustainable infrastructure.
https://www.avient.com/industries/consumer/consumer-discretionary/outdoor-recreation/exercise-fitness
PP Inhaler Roll Cap
Soft Foam Ammo for Toy
https://www.avient.com/industries/consumer/consumer-staples/everyday-essentials/infant-child-products
PP Inhaler Roll Cap
Soft Foam Ammo for Toy
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
GHG Emissions (MT)
Greenhouse Gas Emissions (MT Scope 1 & 2 GHG)
Greenhouse Gas Emissions Intensity (MT 1 & 2 GHG/ MT Production)
0
60,000
120,000
180,000
240,000
300,000
2016 2017 2018* 2019*
.45
.40
.35
.30
.25
.20
.15
.10
.05
0
.43
.35
.38
.34
Total Energy (GJ)
Energy Intensity (MWh/MT Production)
Total Energy
0
200,000
400,000
600,000
800,000
1,000,000
2016 2017 2018 2019
1.10
1.00
.90
.80
.70
.60
.99
.86
.91
.85
*Excludes divested PP&S segment and is consistent with the GHG Protocol Corporate Accounting
and Reporting Standard.
More recently, with the
divestiture of the PP&S segment in 2019 and the acquisition of Clariant
Masterbatch in 2020, we have fundamentally repositioned our portfolio to
that of a true specialty enterprise—from which we can springboard to even
greater heights in the future.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
20%
40%
60%
80%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
%
o
f
A
d
ju
st
e
d
E
B
IT
D
A
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
0
10
20
30
40
50
0
10
20
30
40
50
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
8%
10%
4%
20%
18%
12%E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
66%
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices
Sustainability Report | 2019 78
https://www.avient.com/company/policies-and-governance/code-conduct
*Avient Sustainable Solutions definitions aligned with F TC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Lightweighting
Reduced Material
Requirements
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Reduction
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
Performance
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
GHG Emissions (MT)
Greenhouse Gas Emissions (MT Scope 1 & 2 GHG)
Greenhouse Gas Emissions Intensity (MT 1 & 2 GHG/ MT Production)
0
60,000
120,000
180,000
240,000
300,000
2016 2017 2018* 2019*
.45
.40
.35
.30
.25
.20
.15
.10
.05
0
.43
.35
.38
.34
Total Energy (GJ)
Energy Intensity (MWh/MT Production)
Total Energy
0
200,000
400,000
600,000
800,000
1,000,000
2016 2017 2018 2019
1.10
1.00
.90
.80
.70
.60
.99
.86
.91
.85
*Excludes divested PP&S segment and is consistent with the GHG Protocol Corporate Accounting
and Reporting Standard.
More recently, with the
divestiture of the PP&S segment in 2019 and the acquisition of Clariant
Masterbatch in 2020, we have fundamentally repositioned our portfolio to
that of a true specialty enterprise—from which we can springboard to even
greater heights in the future.
EBITDA as % of Revenue
2019 Pro Forma
Color, Additives & Inks 15.2%
Specialty Engineered Materials 15.2%
Distribution 6.4%
Avient 11.1%
0%
20%
40%
60%
80%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2019 PF**
$14M $117M $273M $500M
Adjusted EBITDA* from Specialty Platform
%
o
f
A
d
ju
st
e
d
E
B
IT
D
A
*
Specialty EBITDA
DistributionJV’s Performance
Products & Solutions
Specialty Applications
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
7%
46%
87%
0
10
20
30
40
50
0
10
20
30
40
50
Building & Construction High Growth End Markets
A Specialty Transformation Poised for Future Growth
2006 2019 PF** 2006 2019 PF**
38%
5%
22%
50%
** 2019 Pro Forma for PP&S Divestiture and Clariant Color & Additive Masterbatch business acquisition with synergies
E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
8%
10%
4%
20%
18%
12%E
n
d
M
a
rk
e
t
R
e
v
e
n
u
e
a
s
a
%
o
f
T
o
ta
l
66%
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices
Sustainability Report | 2019 78
https://www.avient.com/company/policies-and-governance/code-conduct
*Avient Sustainable Solutions definitions aligned with F TC 2012 Guide for the Use of Environmental Marketing Claims
(“Green Guides”)
2016 2017 2018 2019
Revenue from Sustainable Solutions* 2016–2019
Lightweighting
Reduced Material
Requirements
Eco-conscious
Bio-derived Content
Reduced Energy Use
Volatile Organic Compound
Reduction
Recyclability
Renewable Energy
Applications
$275M
$325M
$355M
$410M
14% Total Annual Growth
9% Organic Annual Growth
Sustainable Products
Performance
As highlighted in our Products section, Avient has a highly-
technical and broad portfolio of materials solutions that
help our customers—and our planet—be more sustainable.
https://www.avient.com/industries/packaging/beverage-packaging/beverage-packaging-dairy
Soft Foam Ammo for Toy