https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-design-guide-.pdf
It is limited to a number of cavities such
as (4, 8, 16, 32, 64).
N” is the total number of branches.
Place wells at each 90° bend in the runner
system.
https://www.avient.com/investor-center/news/avient-provides-fourth-quarter-2020-updates
Great Place
Special items, tax adjustments(2)
2)
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
Select all that apply
☑ No
[Fixed row]
(7.3) Describe your organization’s approach to reporting Scope 2 emissions.
148
Scope 2, location-based Scope 2, market-based Comment
Select from:
☑ We are reporting a Scope 2,
location-based figure
Select from:
☑ We are reporting a Scope 2,
market-based figure
We are reporting location and market based emissions; both
numbers have been assured.
Verification/assurance status
Scope 1 Select from:
☑ Third-party verification or assurance process in place
Scope 2 (location-based or market-based) Select from:
☑ Third-party verification or assurance process in place
Scope 3 Select from:
☑ Third-party verification or assurance process in place
[Fixed row]
167
(7.9.1) Provide further details of the verification/assurance undertaken for your Scope 1 emissions, and attach the relevant
statements.
7.53.1.85) Target derived using a sectoral decarbonization approach
Select from:
☑ No
Row 2
350
(7.53.1.1) Target reference number
Select from:
☑ Abs 2
(7.53.1.2) Is this a science-based target?
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
AU G U S T 2 0 2 3
DISCLAIMER
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those
expressed in or implied by the forward-looking statements.
GUIDANCE
12
15.4%
15.9%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Favorable mix - strong
demand for composite
applications
• Raw material deflation
Q2 EBITDA BRIDGE
13
($ millions)
CAI:
Price / Mix 7)
Deflation 11)
SEM:
Price / Mix 2)
Deflation 6)
Net Price Benefit 26)
Wage and Energy Inflation (10)
Cost Reductions 13)
FX (2)
Q2 2023 Actual $131)
Adjusted
EBITDA
Q2 2022 Pro Forma $ 172)
Demand (68) • Demand conditions vs.
expectations:
LATAM
• Net price benefit remains greater
than wage and energy inflation
• Clariant synergies and reduced
administrative costs
Q2 2023 SEQUENTIAL SALES BY REGION
Q 2 2 0 2 3 v s .
https://www.avient.com/sites/default/files/2022-04/Avient Announces Agreement to Acquire Dyneema_0.pdf
Further, Avient’s composites
platform with the Dyneema business will represent over 50% of the company’s Specialty
Engineered Materials segment sales.
2
“In conjunction with our intent to acquire Dyneema, we plan to explore a potential sale of our
distribution business,” said Mr.
To participate in the audio-only portion of the call, dial 1-844-835-
7433 (domestic) or 1-914-495-8589 (international) and provide conference ID number 4774915.
To listen to this recording, dial 1-855-859-
2056 (domestic) or 1-404-537-3406 (international) and provide conference ID number 4774915.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
Also, this new technology can reduce
cost by reducing the number of TPEs needed for different applications.
The substrate is locked in its
place on wheels in order to maintain the 90o angle as the elastomer is pulled.
TPE-1A peel adhesion
s
N
190C 205C
220C 235C
3 .1
2 .8 2 .8
2 .6
2 .1
2 .4 2 .4 2 .4
2 .1 2 .1
7
Figure 5.
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
NYSE: AVNT)
AVIENT CORPORATION
S P E C I A LT Y P O R T F O L I O T R A N S F O R M AT I O N
C O N T I N U E S W I T H D Y N E E M A A C Q U I S I T I O N
2 0 2 2 F I R S T Q U A R T E R R E S U LT S
DISCLAIMER
2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause
actual results to differ materially from those expressed in or implied by the forward-looking statements.
March 31, 2022
GAAP
Special
Adjusted
Operating Income $ 128.6 $ 7.8 $ 136.4
Income before income taxes $ 111.1 $ 7.7 $ 118.8
Income tax expense - GAAP (26.6) — (26.6)
Income tax impact of special items — (2.0) (2.0)
Tax adjustments — 1.5 1.5
Net income attributable to noncontrolling interests (0.3) — (0.3)
Net income attributable to Avient shareholders $ 84.2 $ 7.2 $ 91.4
EPS $ 0.91 0.08 $ 0.99
Weighted-average diluted shares 92.3 92.3 92.3
1
March 31, 2021
GAAP
Special
Adjusted
Operating Income $ 120.4 $ 2.4 $ 122.8
Income before income taxes $ 102.6 $ 2.4 $ 105.0
Income tax expense - GAAP (22.9) — (22.9)
Income tax impact of special items — (0.9) (0.9)
Tax adjustments — 1.1 1.1
Net income attributable to noncontrolling interests (0.4) — (0.4)
Net income attributable to Avient shareholders $ 79.3 $ 2.6 $ 81.9
EPS $ 0.86 0.03 $ 0.89
Weighted-average diluted shares 92.2 92.2 92.2
Year Ended
December 31, 2021
GAAP
Special
Adjusted
Operating income $ 381.2 $ 47.8 $ 429.0
Income from continuing operations before income taxes $ 304.6 $ 57.1 $ 361.7
Income tax expense - GAAP (74.0) — (74.0)
Income tax impact of special items — (13.0) (13.0)
Tax adjustments — 5.9 5.9
Net income attributable to noncontrolling interests 0.2 — 0.2
Net income from continuing operations attributable to Avient shareholders $ 230.8 $ 50.0 $ 280.8
EPS $ 2.51 0.54 $ 3.05
Weighted-average diluted shares 92.1 92.1 92.1
2
Reconciliation of EBITDA by Segment
March 31,
Year Ended
2022 2021 2021
Operating income:
Color, Additives and Inks $ 94.5 $ 88.8 $ 303.1
Specialty Engineered Materials 39.7 34.2 132.0
Distribution 24.2 24.0 93.2
Corporate and eliminations (29.8) (26.6) (147.1)
Operating income $ 128.6 $ 120.4 $ 381.2
Items below OI in Corporate:
Other income, net $ (0.6) $ 1.5 $ (1.3)
Depreciation & amortization:
Color, Additives and Inks $ 26.0 $ 27.4 $ 105.7
Specialty Engineered Materials 7.8 7.8 31.7
Distribution 0.2 0.2 0.8
Corporate and eliminations 3.8 1.7 7.7
Depreciation & Amortization $ 37.8 $ 37.1 $ 145.9
EBITDA:
Color, Additives and Inks $ 120.5 $ 116.2 $ 408.8
Specialty Engineered Materials 47.5 42.0 163.7
Distribution 24.4 24.2 94.0
Corporate and eliminations (26.0) (24.9) (140.7)
EBITDA $ 165.8 $ 159.0 $ 525.8
Reconciliation of Sales, Operating Income and EBITDA - Distribution
Year Ended
2006 2011 2016
Sales $ 732.8 $ 996.5 $ 1,071.0
Operating income 19.2 56.0 68.2
Depreciation & amortization 1.5 0.7 0.7
EBITDA $ 20.7 $ 56.7 $ 68.9
3
March 31,
Year Ended
December 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2022 2021 2021
Net income from continuing operations – GAAP $ 84.5 $ 79.7 $ 230.6
Income tax expense 26.6 22.9 74.0
Interest expense 16.9 19.3 75.3
Depreciation and amortization from continuing operations 37.8 37.1 145.9
EBITDA $ 165.8 $ 159.0 $ 525.8
Special items, before tax 7.7 2.4 57.1
Depreciation and amortization included in special items (2.1) (0.5) (1.7)
Adjusted EBITDA $ 171.4 $ 160.9 $ 581.2
4
Masseto IR Presentation - Final.pdf
Avient Corporation �specialty Portfolio Transformation Continues with Dyneema Acquisition
DISCLAIMER
Slide Number 3
Slide Number 4
Slide Number 5
Q1 2022 SALES AND OPERATING INCOME�(Total Company)
Slide Number 7
Slide Number 8
Slide Number 9
Slide Number 10
FIT with Four Pillar Strategy
Dyneema® overview
Slide Number 13
Slide Number 14
Dyneema® in the Value Chain
Demand trends
Products
Avient’s Existing Composites Portfolio
Avient’s Composites Portfolio�Sales and Ebitda
Distribution Divestiture Considerations
Distribution highlights
Dyneema® Transaction Overview
Capital structure / Leverage
Two-Year Leverage Goal
Pro forma modeling
Our Specialty Journey
Acquisition History
Clariant Color Acquisition
Specialty Transformation
2022 ebitda margins vs. peers
Culture and People
Our Specialty Journey continues
Slide Number 33
Avient Acquisition of Dyneema and Q1 2022 Results.pdf
Masseto IR Presentation - 4.19 (515pm) - with attachments.pdf
https://www.avient.com/investor-center/news/avient-hold-third-quarter-2022-conference-call
Wednesday, November 2, 2022
Wednesday, November 2, 2022
Great Place
https://www.avient.com/company/sustainability/sustainability-report/people/gptw
With an average score of 74% across all statements of the Great Place to Work Trust Model, our associates’ experience is significantly above the average for all companies (56%).
Our associates’ feedback showcases how these values are embedded in our everyday interactions and define us as a Great Place to Work.
We were honored to earn prominent places in prestigious corporate rankings in 2023.
https://www.avient.com/sites/default/files/resources/Overmolding_of_Thermoplastic_Elastomers_Engineered_solutions_for_consumer_product_differentiation.pdf
Figure 2.
Styrenic block copolymers
2.
Today’s consumer faces a boggling
number of choices at a retail store, and manufacturers want to set their products apart.