https://www.avient.com/investors/events-presentations?page=12
PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019
PolyOne IR Presentation - Morgan Stanley Conference - 6/6/2018
Investor Day - May 2012 - Global Color, Additives, and Inks
https://www.avient.com/investors/events-presentations?page=7
PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019
PolyOne IR Presentation - Morgan Stanley Conference - 6/6/2018
Investor Day - May 2012 - Global Color, Additives, and Inks
https://www.avient.com/investors/events-presentations?page=4
PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019
PolyOne IR Presentation - Morgan Stanley Conference - 6/6/2018
Investor Day - May 2012 - Global Color, Additives, and Inks
https://www.avient.com/investors/events-presentations?page=6
PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019
PolyOne IR Presentation - Morgan Stanley Conference - 6/6/2018
Investor Day - May 2012 - Global Color, Additives, and Inks
https://www.avient.com/sites/default/files/2024-06/OnColor UL 94 Colorants Brochure.pdf
ONCOLOR™
UL 94 COLORANTS
DESIGN &
SAFETY
High-impact colors and cutting-edge design are hugely important
to the success of today’s sleek, modern electrical and electronic
products.
OnColor™ UL 94 colorants* for Electrical & Electronic (E&E)
applications allow fast, cost-efficient project management
combined with all the advantages of in-house coloration.
For most updated
information please refer to Avient UL recognized
color concentrate file QMQS2 E73454.
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
WHAT WE DO: MATERIAL SCIENCE
4
CUSTOM
FORMULATION
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2021
$310
205
140
80
75
45
40
20
$915M2021 Sales
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
5
Key Updates
• Provided progress on 2030 Sustainability Goals
• Emphasized commitment to U.N.
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B
Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
0%
60%
80%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
END MARKET FOCUS ON LESS CYCLICAL
INDUSTRIES
16
14.8%
17.6%
21.0%
2018 2020 2022 PF
1.8%
2006
15.3%
16.2%
17.0%
2018PF 2020PF 2022E
CAI
2.7%
2006
SEM
SPECIALTY EBITDA MARGIN EXPANSION
17
• Portfolio transformation
accelerates growth in less
cyclical, higher margin end
markets
• Investments in our
composites platform
continue to drive margin
expansion
(1) (1)
(1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition
PORTFOLIO EVOLUTION OVER THE YEARS
18
Adj.
https://www.avient.com/industries/transportation/automotive/automotive-aftermarket
Environmentally stabilized nylon 6 and 6/6 long fiber composites for application intermittently exposed to water high humidity that require consistent structural performance
Color Cosmetics
Long fiber reinforced nylon 6 or 66 thermoplastics formulated for more consistent performance in moisture-rich conditions.
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/bergamid-fr-non-halogen-flame-retardant-formulations
The Bergamid family of products are available in a PA 6, PA 66, and PA 6/66 base resin in unfilled or reinforced systems.
Colorability
Provided color matching expertise to match glass fiber reinforced formulation to specific customer requirement
https://www.avient.com/sites/default/files/2021-05/renol-ul94-compliant-masterbatches-brochure.pdf
The tables in the next pages contain all Avient
UL94 recognized color concentrates published on
UL prospector until March 2021.
For most updated
information please refer to Avient UL recognized
color concentrate file QMQS2 E73454.
For V-0, V-1, V-2, 5VA and 5VB, the color
concentrates have to be listed with reference to
specific resin grades.
https://www.avient.com/investor-center/news/avient-increases-dividend-12
th, where it will provide details on its long-term growth drivers, future synergy capture from the Clariant Color acquisition as well as capital allocation priorities.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows including without any limitation, any supply chain and logistics issues; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant's Color business, including any expected synergies; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve the anticipated financial benefit from initiatives related to acquisition and integration working capital reductions, cost reductions and employee productivity goals; our ability to continue to pay regular quarterly cash dividends, including at the increased rate, and the amounts and timing of any future dividends; information systems failures and cyberattacks; our ability to consummate and successfully integrate acquisitions; and amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions.