https://www.avient.com/sites/default/files/Avient Climate Change Scenario Analysis Summary 2022.pdf
VOC reducing materials that address
vehicle air quality standards)
Impact Legend Time horizon Legend
Low impact S - short-term 0-5 years
Moderate impact M - medium-term 5-15 years
High impact L - long-term 15-30 years
BUSINESS IMPLICATIONS AND STRATEGIC RESPONSES
BUSINESS IMPLICATIONS AND STRATEGIC RESPONSES
IMPACT DRIVER &
Policy & Legal Risk
Technology Risk
Market Risk
Reputation Risk
Acute & Chronic Risk
IMPACT DRIVER &
Resource
Efficiency
Opportunity
Energy Source
Opportunity
Products &
Services and
Markets Opportunities
· We have embedded an energy intensity KPI (covering process and builidng efficiencies) into the incentive structure for all employees
Our decarbonization pathway is focused on reducing scope 2 emissions reductions for which a VPPA in Europe is planned to commence generation in 2023.
For example, in 2021, we
entered into a VPPA in Europe that will produce 37.5 MW of solar energy with benefits beginning in 2023
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
EPS
$0.14
$2.67
$3.04
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
90th
percentile
84th
ESG Ratings Performance
1
10
PEOPLE
C U L T U R E I S E V E R Y T H I N G
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $17 million
raised since 2010
Diversity & Inclusion
11
2022 RE SU LT S
Q4 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
13
$ millions
CAI:
Price / Mix 42
Inflation (20)
SEM:
Price / Mix 14
Inflation (10)
Net Price Benefit 26
Wage and Energy Inflation (13)
Clariant Color Integration Synergies 4
Incentives, Other Employee Costs 21
FX (10)
Q4 2022 $107
Adjusted
Q4 2021 $ 132
Demand (50)
Russia Import Sales (3)
• Demand contraction
especially prevalent in
EMEA and Asia
• Pricing continues to cover
inflation of raw materials,
wages and energy
PROVEN TRACK RECORD OF STRONG AND
IMPROVING FREE CASH FLOW GENERATION
14
• Periods of economic
weakness have driven
higher levels of cash
generation due to
working capital
management
• Anticipate continued
strong free cash flow
generation and
conversion despite
global uncertainty
78% 78% 80% 80% 81%
78%
84% 83%
80%
0%
30%
40%
50%
60%
70%
80%
90%
2014 2015 2016 2017 2018 2019 2020 2021 2022
0
50
100
150
200
250
300
350
400
re
e
as
h
F
lo
w
C
o
n
ve
rs
io
n
re
e
as
h
F
lo
w
FCF $ AVNT FCF Conversion % S&P FCF Conversion %
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA. 2020 is pro forma for Clariant Color and 2022 is pro forma for Avient Protective Materials
Avient reflects 2023 adjusted EBITDA guidance of $530M and estimated run-rate CAPEX of $110M.
Avient Specialty
Other Specialty /
2023E(%)
28
79
87
81 79
76
73
90
77 76 75 73
64
59
33
MULTIPLE EXPANSION
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.89.
https://www.avient.com/investor-center/news/avient-announces-twelfth-consecutive-annual-increase-quarterly-dividend
January 6, 2023
https://www.avient.com/resources/safety-data-sheets?page=6942
PANTONE 2213C SEPT 2023
https://www.avient.com/news/dyneema-announces-collaboration-toyobo-mc-floating-offshore-wind-turbine-mooring-systems-japan
About Toyobo MC Corporation
TOYOBO MC Corporation began operations in April 2023 as a joint venture between Toyobo Co., Ltd. and Mitsubishi Corporation.
https://www.avient.com/resources/safety-data-sheets?page=6706
SARLINK TANGERINE 2023
https://www.avient.com/news/avient-and-plastic-bank-reuse-ocean-bound-plastic-luxury-caps-and-closures
Launched in early 2023, Avient’s Gravi-Tech REC recycled formulations are density-modified engineered polymer materials, including recycled content.
https://www.avient.com/news/dyneema-unveils-groundbreaking-hard-ballistic-product-innovations-enabling-45-weight-reduction-protective-armor-systems
Following the successful launch of Dyneema® SB301 in 2023, the first soft ballistic material made with third-generation Dyneema® fiber, the introduction of Dyneema® HB330 and Dyneema® HB332 hard ballistic materials provides a comprehensive solution for advanced personal protection.
https://www.avient.com/news/new-bio-derived-plastisol-inks-avient-highlighted-impressions-expo-long-beach
Rutland Chill LB LC Poly Mixing Base and Flex PolyWhite: the latest additions to the Rutland Chill flexible cure portfolio launched in December 2023.
https://www.avient.com/knowledge-base/article/exploring-world-fluoropolymers
Jan 04, 2023