https://www.avient.com/sites/default/files/2024-03/Edgetek PKE Glass-Filled Product Bulletin.pdf
Edgetek™ PKE Glass-Filled Formulations
The Edgetek PKE Glass-Filled (GF) series consists of
specialty engineered, glass-reinforced polyketone
(PK) thermoplastics.
https://www.avient.com/sites/default/files/2024-03/Edgetek PKE High Impact Formulations Technical Bulletin.pdf
Edgetek™ PKE High Impact Formulations
The Edgetek™ PKE High Impact (HI) series consists
of specialty engineered, impact modified
polyketone (PK) thermoplastics.
https://www.avient.com/sites/default/files/2023-03/Syncure XLPE Product Bulletin.pdf
Suitable for both vertical
and horizontal cable systems, the materials offer
safe, sustainable and efficient solutions for low
voltage power cable systems, including in solar
and other specialty market applications.
https://www.avient.com/sites/default/files/2020-09/swiss-army-knife-case-study.pdf
Beyond finding the
best material combination—Bergamid™ nylon copolymer
and GLS™ TPEs—our global presence and expertise
across an array of specialty polymers and colorants,
combined with local service and support, helped
Victorinox to accelerate development work, streamline
production and reach their design goals.
https://www.avient.com/sites/default/files/2021-03/lubrione-pke-product-bulletin.pdf
LubriOne™ PKE Formulations
The LubriOne PKE series consists of specialty
engineered, internally lubricated polyketone (PK)
thermoplastics.
https://www.avient.com/sites/default/files/2021-10/gls-tpes-with-antimicrobial-technologies-product-bulletin.pdf
GLS™ TPEs with Antimicrobial Technologies
This specialty line of GLS™ thermoplastic elastomers
has imbedded antimicrobial additives that inhibit
bacterial growth by 99.9% or more (log 3) and resist
fungal growth to protect molded plastic parts.
https://www.avient.com/sites/default/files/2022-02/Avient Design Overview Brochure.pdf
HOW4D DESIGN PROCESS
USE OUR 4D PROCESS TO ACCELERATE NEW PRODUCT DEVELOPMENT
SPECIALTY
PORTFOLIO
We combine design services with Avient’s
materials portfolio to bring an unbiased,
expert point of view to your design1 Color & Additives
Engineered Materials
Composites
Soft Touch
Distribution
Rely on our technical expertise to validate
that designs are manufacturable and materials
will perform as intended once formed
MANUFACTURING4 FEA/Moldflow/Mechanical Simulation
Design Optimization
Design for Manufacturing
Processing Expertise
Supply Chain Development
Visualize color, material and finish options
using our exclusive tools and expertise3 COLOR, MATERIAL
& FINISH (CMF)
DESIGN
Color & Effects
Texture/Finish
Application Development
Material Specification
2 INDUSTRIAL
DESIGN
From ergonomics and concept sketches to 3D
models and photo rendering, you can count
on our world-class studio to help you innovate
Ethnography
Brand Language Development
Ergonomics & Usability
Concept Sketching
3D Modeling
3D Prototypes
Photo Renderings
WANT TO LEARN MORE?
https://www.avient.com/sites/default/files/2021-09/versaflex-low-adhesion-build-up-solution-product-bulletin.pdf
The specialty formulation offers film manufacturers
a simple, one-step extrusion process to support
sustainability goals.
https://www.avient.com/sites/default/files/2020-09/hiviz-recoil-pad-case-study.pdf
THE IMPACT
With Avient materials in place, the resulting product
offered high-end differentiating features, and gave HIVIZ
its first success in specialty recoil pads.
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.
2
O P E N I N G RE MARK S
B O B P A T T E R S O N
C H A I R M A N , P R E S I D E N T A N D C E O
Complementary technologies and
customer relationships offer opportunity to
advance commercial strategy
Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight
and high performance applications
AVIENT PROTECTIVE MATERIALS
FIRST YEAR
4
Composites comprises over half of
Specialty Engineered Materials,
compared to 9% in 2016
Proven history of success in areas
such as outdoor high performance,
defense and sustainable solutions
Composites
44%
56%
2023E
Sales
Collaboration & InnovationComposites as a % of SEM People & Culture
Talented, passionate, and
creative associates drive
continued integration success
and allow two cultures to come
together as one Avient
Lightweight Protective Laminates:
PROJECTILE PROTECTION
Dyneema® Fiber Solutions
Cushioning + Fit + Comfort:
LONG-TERM WEAR
reSound™ Versaflex™ Thermoplastic Elastomers
Strength + Durability + Light-Weighting:
SOLID MOUNTING BRACKETS
Nymax™ Bergamid™ Complēt™ Engineered Materials
Durability + Lubricity:
HELMET LATCHES
Lubri-One™ Internally Lubricated Polymers
Color Consistency and Weatherability
CUSTOMIZED SPECIFICATIONS
Avient Color and Additive Solutions
Antennae Performance
FAST, RELIABLE CONNECTIONS
PREPERM™ Low-Loss Dielectric Thermoplastics
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
Wired Connections
CONSTANT COMMUNICATION
Syncure™ Cross-linkable Wire & Cable Formulations5
6
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
6
Q 3 P E RFO RMAN CE
15.4%
16.3%
2022 PF 2023
Results vs.
PRIOR YEAR
$790
$710
2022 2023
$107
$112
2022 2023
Sales Adjusted EBITDA
$0.42
$0.47
2022 PF 2023
Adjusted EPS
- 10% + 5% + 12%
Sales Adjusted EBITDA Adjusted EPS
12
$112
$500
$0.47
$2.30
Q4 AND FULL YEAR 2023 GUIDANCE
$710
$3,130
Sales Adjusted EBITDA Adjusted EPS
13
(in millions) (in millions)
Guidance: Free Cash Flow
$180 $180
Prior Guidance Guidance
FREE CASH FLOW & INCREASED DIVIDEND
13th Consecutive Dividend Increase
0.16
0.26
0.42
0.58
0.79
0.85
0.99
1.03
2011 2013 2015 2017 2019 2021 2023 2024
14
S U S TAI NABI L I T Y DAY
RE CAP
SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other (GDP growth) 0–2%
Avient 6%
17
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
50
90
2022 2030
Medical Plastics
Market Size
(in $Billions)
2020 2030
Recycled
Plastics
Virgin
Plastics
Growing Demand
for Recycled
Content
Avient Sustainable
Solutions
18
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
Sources: McKinsey, Bloomberg, Grand View Research
SUSTAINABILITY TRENDS DRIVE
LONG-TERM GROWTH
18
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to
be driven by key growth drivers,
with sustainable solutions
playing a meaningful role
5.4%
11.5%
16.0%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
ADJUSTED EBITDA MARGIN EXPANSION
19
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
20
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
Further, as a result of Avient's portfolio shift to a pure play specialty formulator, it has completed several
acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization.