https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years. 32 EV / 2023E EBITDA Historic Multiple 6.5 8.3 10.0 15.6 13.9 13.7 12.8 9.5 18.0 17.5 12.3 10.2 9.7 8.8 8.4 5.9 A vi en t (2 01 1) A vi en t (2 01 8) A vi en t K W R P P G R P M A V Y F U L H X L E C L F M C A S H S C L H U N E M N C E RA W M AT ER IA L OVE RV IE W 34 RAW MATERIAL 2022 ANNUAL PURCHASES Performance Additives 16% Pigments 12% TiO2 11% Dyestuffs 2% Polyethylene 12% Nylon 6% Polypropylene 6% Styrenic Block Copolymer 5% Other Raw Materials 30% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials Excludes Avient Protective Materials SEGMENT DATA U.S. & Canada 40% EMEA 37% Asia 18% Latin America 5% 2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 20% Packaging 24% Industrial 15% Building and Construction 10% Telecommunications 4% Energy 4% Defense 6% END MARKET REVENUE (1) Total company adjusted EBITDA of $592M includes corporate costs $2,355M $402M $1,300M $272M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $592M$3,653M (1) Transportation 9% Healthcare 8% 36 C O L O R , A D D I T I V E S & I N K S 2022 REVENUE | $2 .4 B ILL ION US & Canada 34% EMEA 38% Asia 20% Latin America 8% END MARKET REGION 37 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 8% Building & Construction 11% Telecommunications 1% Energy 2% S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 2022 PRO FORMA REVENUE | $1 .3 B ILL ION END MARKET US & Canada 52% EMEA 35% Asia 13% REGION 38 Packaging 5% Consumer 19% Healthcare 8%Industrial 16% Transportation 10% Telecommunications 10% Energy 9% Defense 15% Building & Construction 8% Packaging 32% Consumer 27% Healthcare 8% Industrial 14% Building & Construction 5% Telecommunications 3% Energy 1% Defense 1% Asia (18% of sales) Transportation 9% 2022 PROFORMA AVIENT REGIONAL SALES BY END MARKET Packaging 27% Consumer 14% Healthcare 5% Industrial 17% Building & Construction 10% Energy 5% Defense 8% EMEA (37% of sales)Transportation 11% Packaging 13% Consumer 24% Healthcare 12% Industrial 15% Building & Construction 13% Energy 5% Defense 5% US & Canada (40% of sales) Transportation 7% Packaging 56% Consumer 23% Healthcare 4% Industrial 7% Building & Construction 4% Telecommunications 1% LATAM (5% of sales) Transportation 5% Telecommunications 3% Telecommunications 6% 39
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
D I S T R IBU T I O N) 18 END-MARKET FOCUS FOR NEW INNOVATION Semiconductors Robotics Healthcare Interconnected disruptive markets with massive innovation needs 19 APPENDIX Performance Additives 15% Pigments 13% TiO2 11% Dyestuffs 3%Polyethylene 12% Nylon 6% Polypropylene 5% Other Raw Materials 30% Styrenic Block Copolymer 5% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 22 • Significant raw material price inflation and tight inventory continued in Q2 2022, although at a slightly lesser rate compared to the prior quarter o For Q2 2022, the average cost of key hydrocarbon based materials was up 15%, roughly the same as the average cost of non- hydrocarbon based materials. • Continued supply chain challenges persisted during Q2 related to raw material spot purchases, freight constraints and productivity loss as a result of these shortages.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
D ISTR IBU TIO N ) 22 END-MARKET FOCUS FOR NEW INNOVATION Semiconductors Robotics Healthcare Interconnected disruptive markets with massive innovation needs 23 APPENDIX Performance Additives 15% Pigments 13% TiO2 11% Dyestuffs 3%Polyethylene 12% Nylon 6% Polypropylene 5% Other Raw Materials 30% Styrenic Block Copolymer 5% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 30 • Significant raw material price inflation and tight inventory continued in Q2 2022, although at a slightly lesser rate compared to the prior quarter o For Q2 2022, the average cost of key hydrocarbon based materials was up 15%, roughly the same as the average cost of non- hydrocarbon based materials. • Continued supply chain challenges persisted during Q2 related to raw material spot purchases, freight constraints and productivity loss as a result of these shortages.
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/office-supplies
Alternatives to Nylon 6,6
Learn about possible material alternatives to nylon 6,6 in response to current shortages
Nymax™ nylon substrate and Versaflex™ TPE overmold combine to deliver structural integrity and comfort for archery OEM
https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions
Common examples are polypropylene (PP), nylon (PA), polyketone (PK), and thermoplastic elastomers (TPE).
https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions?rtype[]=1164
Common examples are polypropylene (PP), nylon (PA), polyketone (PK), and thermoplastic elastomers (TPE).
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=21509
Glass fibers are commonly added to nylon, polypropylene and other polymers to make glass-fiber reinforced plastic (GFRP) that is stiffer and stronger than unfilled polymer.
The iron oxides magnetite and hematite are used to add density to such plastics as polypropylene, polyamides (nylons) and polyethylene, giving them the weight of metal but the versatility of plastic.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=6599
Glass fibers are commonly added to nylon, polypropylene and other polymers to make glass-fiber reinforced plastic (GFRP) that is stiffer and stronger than unfilled polymer.
The iron oxides magnetite and hematite are used to add density to such plastics as polypropylene, polyamides (nylons) and polyethylene, giving them the weight of metal but the versatility of plastic.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=21506
Glass fibers are commonly added to nylon, polypropylene and other polymers to make glass-fiber reinforced plastic (GFRP) that is stiffer and stronger than unfilled polymer.
The iron oxides magnetite and hematite are used to add density to such plastics as polypropylene, polyamides (nylons) and polyethylene, giving them the weight of metal but the versatility of plastic.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?rtype[]=1164
Glass fibers are commonly added to nylon, polypropylene and other polymers to make glass-fiber reinforced plastic (GFRP) that is stiffer and stronger than unfilled polymer.
The iron oxides magnetite and hematite are used to add density to such plastics as polypropylene, polyamides (nylons) and polyethylene, giving them the weight of metal but the versatility of plastic.