https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Global%2520Color%252C%2520Additives%252C%2520and%2520Inks.pdf
Van Hulle Page 53 United States 33% Europe 47% Canada Asia 12% Latin America Eastern Europe 2% 2011 Revenue: $0.7 Billion*2011 Revenue: $0.7 Billion* SolutionsSolutions At a Glance Global Color, Additives, and Inks Building & Construction 11% Wire & Cable 15% Consumer 6% Packaging 36% Industrial 10% Misc. 7% HealthCare 3% Transportation 6% Textiles 6% Canada 1% Latin America 5% 2011 Revenue by Industry Segment*2011 Revenue by Industry Segment* *Pro forma for the acquisition of ColorMatrix Expanding ProfitsExpanding Profits 1.7% 4.6% 5.1% 5.5% 7.1% 9.6% 12-16% 2006 2007 2008 2009 2010 2011PF 2015 Operating Income % of Sales Target Page 54 Value Proposition • GCAI is a global leader enabling OEMs and converters to profitably expand their business with customized color and additive solutions Transformation Highlights • Mix improvement and value-based selling has Value Proposition and Transformation Highlights Global Color, Additives, and Inks • Mix improvement and value-based selling has driven nearly 800 basis points increase in operating margin since 2006 • 2011 acquisition of ColorMatrix accelerates innovation pipeline and expansion into new markets > $12B Addressable Market Page 55 • Unbiased, solution-based culture selling value �Customer-centric approach � Economic value impact documented for customers • Complete package, product range and service offering �Custom solutions for customers’ unique requirements Key Differentiators Global Color, Additives, and Inks �Custom solutions for customers’ unique requirements � Industry-leading service offering • Coordinated global infrastructure �Consistency in product and customer service � Supply-chain reliability Page 56 From Volume Commodity white dominated mix To Value Focus on specialty color Global Film Customer Volume Revenue Gross Margin $ Mix Transformation – Executing the Strategy Global Color, Additives, and Inks 2010 2011 2010 2011 2010 2011 Page 57 Global Packaging Customer Volume Sales Gross Margin $ From Volume Commodity white dominated mix To Value Focus on specialty color Mix Transformation – Executing the Strategy Global Color, Additives, and Inks 2010 2011 2010 2011 2010 2011 Page 58 • OnColor™ HC Plus � Applications: Medical devices � Customer benefits: Brand enhancement, expanded market opportunities, speed-to-market • WithStand™ Antimicrobial Solutions � Applications: Healthcare devices, appliances, kitchen utensils Key Innovations Global Color, Additives, and Inks � Applications: Healthcare devices, appliances, kitchen utensils and surfaces, children’s toys � Customer benefits: Expanded market opportunities, extended product life • OnCap™ Antifog � Applications: Food packaging � Customer benefits: Extended shelf life, improved product aesthetics, production efficiencies Page 59 • $1.5 billion attractive, growing market • Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product • Aligned with megatrend of protecting the environment Market Opportunity Shelf-life extension Greater product consistency Weight reduction Performance Additives Global Color, Additives, and Inks the environment Leading Global Supplier of Additives In Fast Growing PET Market consistency Recyclability and reduced carbon footprint Color and special effects Enhanced product aesthetics High heat resistance 4% 4% 8% 9% 9% 10% 11% 14% Western Europe North America South America MEA Easter Europe Asia Pacific China India PET 2008-13P CAGR Page 60 HyGuardTM Oxygen Barrier System • Applications: Beverage containers, food packaging • Function: Active scavenging system for ColorMatrix Innovation Global Color, Additives, and Inks • Function: Active scavenging system for oxygen-barrier improvement • Customer benefits: Extended shelf-life, light-weight, recyclable Page 61 ColorMatrix Innovation Global Color, Additives, and Inks ExceliteTM Foaming Agent • Applications: Vinyl sheet for digital printing • Function: Chemical foaming agent for weight reduction • Customer benefits: Increased product quality, operational efficiencies Page 62 Joule RHBTM Advanced Reheat Technology • Applications: PET containers • Function: Infra-red absorber for improved ColorMatrix Innovation Global Color, Additives, and Inks • Function: Infra-red absorber for improved • Customer benefits: Sustainability, operational and energy savings reheating efficiency Page 63 • Accelerate customer development pipeline with OnColor™ HC Plus • Provide solutions addressing infection concerns in healthcare facilities Areas of Focus Global Color, Additives, and Inks $8.7 $20.0 Healthcare 2006 2011PFconcerns in healthcare facilities • Help customers expand into new markets with HyGuard™ technology • Extend food shelf life and consumer appeal with OnCap™ Anti-Fog $130.2 $268.0 2006 2011PF Packaging 2006 2011PF (Revenue in $ millions) 2006 2011PF 2006 2011PF Page 64 Critical Imperatives and 2015 Goal Global Color, Additives, and Inks Critical Imperatives • Integrate and leverage ColorMatrix technology and customer relationships • Identify and focus on specialty applications within our target markets • Accelerate global expansion and profitability improvements in emerging markets, leveraging success in U.S. and Europe 2015 Goal • 12 - 16% return on sales Page 65 Page 66
https://www.avient.com/sites/default/files/2022-11/PREPERM RF Materials 1-pager.pdf
ILLUSTRATION OF STABLE DIELECTRIC PROPERTIES AS A FUNCTION OF FREQUENCY Di el ec tr ic co ns ta nt PREPERM™ Radome PREPERM™ High-temp PREPERM™ Flexible PREPERM™ Standard Grades for reflow soldering, temperature resistance for films and cables for ceramic replacement 2 7 12 17 22 1.844.4AVIENT www.avient.com
https://www.avient.com/sites/default/files/2024-06/Cesa Flame Retardant Product Selection Guide %281%29.pdf
POLYMER PRODUCT NAME PROPERTY PERFORMANCE TYPE DOSAGE/ LDR MATERIAL CODE ABS FRABS92991 UL 94 Halogen 35% CC10292991WE ABS FRABS52399 UL 94 Halogen 5–14% CC10252399WE HDPE Cesa Flam MB 5101AH UL 94 Halogen 7–16% PEAN698479 Nylon Cesa Flam MB 5728H UL 94 Halogen 8–14% ABA0698450 Nylon Cesa Flam MB 5731NH UL 94 Non-halogen 8–20% ABAN698410 PC Cesa Flam NCA0820018NH UL 94 Non-halogen 2–4% NCA0820018 PC NCAN-Z0N-FN FLMRET 698419 UL 94 Non-halogen 3–8% NCAN698419 PE FRPE94802 ASTM E84 Non-halogen 100% CC103094802F PE FRPE41011 UL 94 Halogen 20–30% CC1034101160 PET Cesa Flam MB 5525NH UL 1441, UL 94 Non-halogen 6–8% NEAN698534 PET FRPET65462 UL 94 Non-halogen 5–12% CC103265462F PET/ PBT Cesa Flam MB 5532NH NFPA 701 Non-halogen 4–6% NBAN698451 PP Cesa Flam MB 5201H UL 94 Halogen 6–30% PPAN698410 PP Cesa Flam MB CT-1629NH Cal TB 133, UL 94 Film, NFPA 701 Non-halogen 6–8% PPAN698428 PP FRPP365370 UL 94 Non-halogen 10–20% CC103653702F PP Copolymer FRPP37654 UL 94 5VA Halogen 100% CC10337654WE PP Copolymer FRPP53484 UL 94 Halogen 10% CC1035348460 PS FRPS62722 ASTM E84 Halogen 2–4% CC10262722WE PS/HIPS Cesa Flam SLA0820014H UL 94 Halogen 4–8% SLA0820014H TPU Cesa Flam 98461NH UL 94 Non-halogen 6–14% RUA0698461 F-SERIES FLAME RETARDANT ADDITIVES HDPE/PE F-Series UL 94 Non-halogen 10–25% PEA0820024 PE F-Series UL 2335, FM 4998 Non-halogen 10–25% PEA0820069
https://www.avient.com/sites/default/files/2021-08/20210802-business-profile.pdf
Date Registered Source of Address ID Officers/Authorised Representative(s) Position Held Nationality/CitizenshipName Address Date of Appointment XU TAO EB6238077 CHINESE 30/06/2021ACRA DirectorROOM 102, BUILDING 20, SUB LANE 7, LANE 888, LUOJIN ROAD SHANGHAI, 201104, CHINA CHAN BAI RONG S8534833G SINGAPORE CITIZEN 30/06/2021ACRA Director10A BENDEMEER ROAD #26-103 BENDEMEER LIGHT SINGAPORE (331010) LEE SAY ENG A52290094 MALAYSIAN 30/06/2021ACRA Page 2 of 4 Authentication No. : E21642955A Date: 02/08/2021 ACCOUNTING AND CORPORATE REGULATORY AUTHORITY WHILST EVERY ENDEAVOR IS MADE TO ENSURE THAT INFORMATION PROVIDED IS UPDATED AND CORRECT.
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https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-sv-a4.pdf
Avients globala antitrustpolicy Uppdaterad: februari 2021 Innehåll Policyöversikt 1 En översikt av USA:s antitrustlagar 2 Överträdelser av antitrustlagar 3 Potentiella problemområden i fråga om antitrust 3 Slutsats 5 Rapportering av eventuella överträdelser 6 Avients Jourlinje för etikfrågor 6 Skydd mot repressalier 6 Antitrust-checklista 7 Snabbreferens: Antitrust – VAD DU BÖR och INTE BÖR GÖRA 9 Vägledning till efterlevnad Avient förbinder sig att främja rättvis konkurrens och fri företagsamhet på marknaden.
Du ska inte närvara vid möten med konkurrenter (inte ens fackmöten) där man diskuterar priser eller någon annan av ovannämnda frågor. 7.
Antitrust-checklista 7 Innehåll 2021 års reviderade antitrustpolicy 14.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Jellison as a Director on October 7, 2015.
ELECTION OF BOARD OF DIRECTORS 7 Richard H.
McAlindon following her separation from service is described in footnote 7 to this 2015 Grants of Plan-Based Awards table below.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-czech-a4.pdf
Aktualizováno: únor 2021 Globální antimonopolní zásady společnosti Avient Obsah Přehled zásad 1 Een Overzicht van de Amerikaanse Přehled antimonopolních zákonů USA 1 Porušení antimonopolních zákonů 3 Oblasti potenciálně dotčené antimonopolní problematikou 3 Závěr 5 Hlášení možných porušení 6 Horká linka pro etiku společnosti Avient 6 Ochrana před odvetou 6 Antimonopolní kontrolní seznam 7 Rychlé rady: Antimonopolní zásady CO DĚLAT a CO NEDĚLAT 9 Návod k dodržování předpisů Společnost Avient se zavázala podporovat spravedlivou hospodářskou soutěž a svobodné podnikání na trhu.
Neúčastněte se schůzí s konkurenty (včetně shromáždění obchodních sdružení), na kterých se diskutuje o cenách nebo o kterémkoli z výše uvedených témat. 7.
Přesto se v prvním uvedeném případě snažte ověřit a zdokumentovat konkurenční cenu Antimonopolní kontrolní seznam 7 Obsah Revidované antimonopolní zásady 2021 před tím, než nabídnete distributorovi nižší cenu, která by měla tuto konkurenční cenu dorovnat; nepokoušejte se však ověřit konkurenční cenu přímým kontaktováním konkurenta.
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
Refer to Attachment 7 Reconciliation of Non-GAAP Financial Measures for details regarding adjustments to previously reported results to arrive to the pro forma financial metrics. $1.74 $1.93 $2.80 2019PF 2020PF 2021E Adjusted EPS (1) + 61% (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition 4 Webcast Details The webcast can be viewed live at avient.com/investors, or by clicking here: https://edge.media- server.com/mmc/p/eaivs28r.
Three Months Ended March 31, 2021 Three Months Ended March 31, 2020 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 79.3 $ 0.86 $ 33.1 $ 0.38 Special items, after tax (Attachment 3) 2.6 0.03 8.6 0.10 Adjusted net income / EPS - excluding special items $ 81.9 $ 0.89 $ 41.7 $ 0.48 7 Attachment 2 Avient Corporation Condensed Consolidated Statements of Income (Unaudited) (In millions, except per share data) Three Months Ended March 31, 2021 2020 Sales $ 1,162.3 $ 711.5 Cost of sales 859.9 540.0 Gross margin 302.4 171.5 Selling and administrative expense 182.0 118.7 Operating income 120.4 52.8 Interest expense, net (19.3) (9.4) Other income, net 1.5 1.6 Income from continuing operations before income taxes 102.6 45.0 Income taxes (22.9) (11.9) Net income from continuing operations 79.7 33.1 Loss from discontinued operations, net of income taxes — (0.3) Net income 79.7 32.8 Net income attributable to noncontrolling interests (0.4) — Net income attributable to Avient common shareholders $ 79.3 $ 32.8 Earnings per share attributable to Avient common shareholders - Basic: Continuing operations $ 0.87 $ 0.38 Discontinued operations — — Total $ 0.87 $ 0.38 Earnings per share attributable to Avient common shareholders - Diluted: Continuing operations $ 0.86 $ 0.38 Discontinued operations — — Total $ 0.86 $ 0.38 Cash dividends declared per share of common stock $ 0.2125 $ 0.2025 Weighted-average shares used to compute earnings per common share: Basic 91.3 86.3 Diluted 92.2 86.7 8 Attachment 3 Avient Corporation Summary of Special Items (Unaudited) (In millions, except per share data) Special items (1) Three Months Ended March 31, 2021 2020 Cost of sales: Restructuring costs, including accelerated depreciation and amortization $ (1.8) $ — Environmental remediation costs (0.5) (0.4) Reimbursement of previously incurred environmental costs 4.5 0.2 Impact on cost of sales 2.2 (0.2) Selling and administrative expense: Restructuring, legal and other (1.3) (1.8) Acquisition earn-out adjustments — (1.0) Acquisition related costs (3.3) (6.7) Impact on selling and administrative expense (4.6) (9.5) Impact on operating income (2.4) (9.7) Other income, net — 0.1 Impact on income from continuing operations before income taxes (2.4) (9.6) Income tax benefit on above special items 0.9 2.0 Tax adjustments(2) (1.1) (1.0) Impact of special items on net income from continuing operations attributable to Avient Shareholders $ (2.6) $ (8.6) Diluted earnings per common share impact $ (0.03) $ (0.10) Weighted average shares used to compute adjusted earnings per share: Diluted 92.2 86.7 (1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to- market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results. (2) Tax adjustments include the net tax benefit/(expense) from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuation allowance adjustments. 9 Attachment 4 Avient Corporation Condensed Consolidated Balance Sheets (In millions) (Unaudited) March 31, 2021 December 31, 2020 ASSETS Current assets: Cash and cash equivalents $ 594.5 $ 649.5 Accounts receivable, net 642.2 516.6 Inventories, net 357.0 327.5 Other current assets 122.7 108.5 Total current assets 1,716.4 1,602.1 Property, net 675.5 694.9 Goodwill 1,281.9 1,308.1 Intangible assets, net 973.3 1,008.5 Operating lease assets, net 80.9 80.9 Other non-current assets 181.4 176.0 Total assets $ 4,909.4 $ 4,870.5 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Short-term and current portion of long-term debt $ 18.8 $ 18.6 Accounts payable 529.6 471.7 Current operating lease obligations 24.3 25.1 Accrued expenses and other current liabilities 290.9 285.6 Total current liabilities 863.6 801.0 Non-current liabilities: Long-term debt 1,852.7 1,854.0 Pension and other post-retirement benefits 111.3 115.0 Non-current operating lease obligations 56.8 56.0 Other non-current liabilities 303.0 332.8 Total non-current liabilities 2,323.8 2,357.8 SHAREHOLDERS' EQUITY Avient shareholders’ equity 1,707.0 1,697.1 Noncontrolling interest 15.0 14.6 Total equity 1,722.0 1,711.7 Total liabilities and equity $ 4,909.4 $ 4,870.5 10 Attachment 5 Avient Corporation Condensed Consolidated Statements of Cash Flows (Unaudited) (In millions) Three Months Ended March 31, 2021 2020 Operating Activities Net income $ 79.7 $ 32.8 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 36.6 19.9 Accelerated depreciation and amortization 0.5 — Share-based compensation expense 2.7 2.1 Changes in assets and liabilities, net of the effect of acquisitions: Increase in accounts receivable (137.6) (56.9) Increase in inventories (35.1) (13.0) Increase in accounts payable 67.3 44.6 Decrease in pension and other post-retirement benefits (7.1) (3.2) Increase in post-acquisition earnout liabilities — 1.0 Decrease in accrued expenses and other assets and liabilities, net (3.4) (19.1) Payment of post-acquisition date earnout liability — (21.0) Net cash provided (used) by operating activities 3.6 (12.8) Investing activities Capital expenditures (16.5) (11.1) Net proceeds from divestiture — 7.1 Net proceeds (used) provided by other assets (2.0) 5.2 Net cash (used) provided by investing activities (18.5) 1.2 Financing activities Purchase of common shares for treasury (4.2) (13.6) Cash dividends paid (19.5) (15.6) Repayment of long-term debt (2.3) (2.0) Payments of withholding tax on share awards (3.1) (1.3) Equity offering proceeds, net of underwriting discount and issuance costs — 496.3 Payment of acquisition date earnout liability — (32.9) Net cash (used) provided by financing activities (29.1) 430.9 Effect of exchange rate changes on cash (11.0) (3.8) (Decrease) increase in cash and cash equivalents (55.0) 415.5 Cash and cash equivalents at beginning of year 649.5 864.7 Cash and cash equivalents at end of period $ 594.5 $ 1,280.2 11 Attachment 6 Avient Corporation Business Segment Operations (Unaudited) (In millions) Operating income and earnings before interest, taxes, depreciation and amortization (EBITDA) at the segment level does not include: special items as defined in Attachment 3; corporate general and administration costs that are not allocated to segments; intersegment sales and profit eliminations; share-based compensation costs; and certain other items that are not included in the measure of segment profit and loss that is reported to and reviewed by the chief operating decision maker.
Three Months Ended March 31, 2021 2020 Sales: Color, Additives and Inks $ 609.3 $ 256.5 Specialty Engineered Materials 216.5 185.3 Distribution 362.7 289.5 Corporate and eliminations (26.2) (19.8) Sales $ 1,162.3 $ 711.5 Gross margin: Color, Additives and Inks $ 197.5 $ 89.4 Specialty Engineered Materials 64.7 52.6 Distribution 39.3 33.6 Corporate and eliminations 0.9 (4.1) Gross margin $ 302.4 $ 171.5 Selling and administrative expense: Color, Additives and Inks $ 108.7 $ 48.9 Specialty Engineered Materials 30.5 30.3 Distribution 15.3 14.2 Corporate and eliminations 27.5 25.3 Selling and administrative expense $ 182.0 $ 118.7 Operating income: Color, Additives and Inks $ 88.8 $ 40.5 Specialty Engineered Materials 34.2 22.3 Distribution 24.0 19.4 Corporate and eliminations (26.6) (29.4) Operating income $ 120.4 $ 52.8 Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA): Color, Additives and Inks $ 116.2 $ 51.4 Specialty Engineered Materials 42.0 29.8 Distribution 24.2 19.5 Corporate and eliminations (24.9) (28.0) Other income, net 1.5 1.6 EBITDA $ 159.0 $ 74.3 12 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) Senior management uses gross margin before special items and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance.