https://www.avient.com/sites/default/files/resources/Terms%2520and%2520Conditions%2520of%2520Sale%2520for%2520Hungary.pdf
Notwithstanding the above, Buyer will examine the
Product promptly after receipt for damage, defects and
non-conformance.
Amennyiben másképpen nem szerepel,
- 4 -
PAI-376902v1
arising out of unloading, discharge, storage, handling
and use of the Product, or arising out of compliance or
non-compliance with applicable laws and regulations
governing or controlling such activity.
https://www.avient.com/sites/default/files/2023-07/Terms and Conditions of Sale for China - August 2023.pdf
Buyer shall examine Product promptly after receipt for
damage, short-weight and non-conformance with
Seller’s warranties.
Buyer assumes all risks and
liabilities (i) arising out of unloading, discharge,
storage, handling and use of the Product, or (ii) arising
out of compliance or non-compliance with federal,
national, state, provincial, or local laws and
regulations governing or controlling such activity.
Seller shall not be subject to any
liability or damages for delay in performance or non-
performance as a result of fire, flood, ice, natural
catastrophe, pandemic, strike, lockout, labor shortage,
labor dispute or trouble, accident, riot, act of
governmental authority, act of God, war, act of
terrorism (including cyber-terrorism and ransomware
attacks), or other contingencies and/or circumstances
beyond its reasonable control interfering with the
production, supply, transportation, or consumption of
the Products or with the supply of any raw materials
used in connection therewith, or the inability of Seller
to purchase raw materials at a commercially reasonable
price, or if performance would be contrary to, or
constitute a violation of, any regulation, law, or
requirement of a recognized government authority, and
quantities so affected may be eliminated by Seller from
this contract without liability or damages to Seller, but
this contract shall otherwise remain unaffected.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Taiwan %28English and Chinese Translation%29.pdf
Buyer
shall examine Product promptly after receipt for
damage, short-weight and non-conformance with
Seller’s warranties.
Buyer assumes all risks and liabilities (i)
arising out of unloading, discharge, storage, handling
and use of the Product, or (ii) arising out of compliance
or non-compliance with all applicable Laws and
Standards governing or controlling such activity.
Seller shall not be subject to any
liability or damages for delay in performance or non-
performance as a result of fire, flood, ice, natural
catastrophe, pandemic, strike, lockout, labor shortage,
labor dispute or trouble, accident, riot, act of
governmental authority, act of God, war, act of
terrorism (including cyber-terrorism and ransomware
attacks), or other contingencies and/or circumstances
beyond its reasonable control interfering with the
production, supply, transportation, or consumption of
the Products or with the supply of any raw materials
used in connection therewith, or the inability of Seller
to purchase raw materials at a commercially reasonable
price, or if performance would be contrary to, or
constitute a violation of, any regulation, law, or
requirement of a recognized government authority, and
quantities so affected may be eliminated by Seller from
this contract without liability or damages to Seller, but
this contract shall otherwise remain unaffected.
https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
OPS)
21
Sales Adjusted EBITDA
$818 $823
+ 1%
Adjusted EPS
+ 8% - 3%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX)
Q3 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
22
Price increases more than
offset raw material and
supply chain impacts
$ millions
CAI:
Price / Mix 68
Inflation (44)
SEM:
Price / Mix 41
Inflation (26)
Net Price Benefit 39
Wage and Energy Inflation (14)
Clariant Color Integration Synergies 6
Incentives, Other Employee Costs 14
FX (11)
Q3 2022 $137
Adjusted
Q3 2021 $ 142
Demand (39)
Q3 2022 SEGMENT PERFORMANCE
23
CAI
$587
$566
Sales
$93 $93
SEM Pro Forma
$326 $319
Sales
$70
$62
(+ 4% excluding FX)
- 4% - 2%
(+ 5% excluding FX)
Flat
(+ 7% excluding FX)
- 11%
(- 7% excluding FX)
$500
$585
$2.60
$2.95
FULL YEAR 2022 GUIDANCE
24
Sales Adjusted EBITDA
$3,375
$3,635
Adjusted EPS
(in millions) (in millions)
25
SUMMARY
• Executed the plans we laid out earlier this year
• Completed the Dyneema acquisition and Distribution divestiture
amid challenging market conditions
• Paid down debt and expect to finish the year modestly levered at
3.1x net debt to 2022 pro forma adjusted EBITDA
• Expect $200 million of free cash flow in 2022
• Entering an economic slowdown with a portfolio that is better
positioned than ever before
• Updated our EPS guidance to $2.60 from continuing operations
APPENDIX
Performance
Additives
Pigments
TiO2
Dyestuffs
3%Polyethylene
12%
Nylon
Polypropylene
Other Raw
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
27
• From Q2 to Q3, we have seen a 7-10%
sequential decline in certain
hydrocarbon-based raw materials
• Other raw materials such as
performance additives and pigments
have shown moderate inflation
sequentially from Q2 to Q3
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Avient Protective Materials
SEGMENT DATA
U.S. & Canada
Latin America
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
21%
Building and
END MARKET REVENUE
(1) Total company adjusted EBITDA of $585M includes corporate costs.
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
OPS)
21
Sales Adjusted EBITDA
$818 $823
+ 1%
Adjusted EPS
+ 8% - 3%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX)
Q3 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
22
Price increases more than
offset raw material and
supply chain impacts
$ millions
CAI:
68Price / Mix
(44)Inflation
SEM:
41Price / Mix
(26)Inflation
39Net Price Benefit
(14)Wage and Energy Inflation
6Clariant Color Integration Synergies
14Incentives, Other Employee Costs
(11)FX
$137 Q3 2022
Adjusted
$ 142Q3 2021
(39)Demand
Q3 2022 SEGMENT PERFORMANCE
23
CAI
$587
$566
Sales
$93 $93
SEM Pro Forma
$326 $319
Sales
$70
$62
(+ 4% excluding FX)
- 4% - 2%
(+ 5% excluding FX)
Flat
(+ 7% excluding FX)
- 11%
(- 7% excluding FX)
$500
$585
$2.60
$2.95
FULL YEAR 2022 GUIDANCE
24
Sales Adjusted EBITDA
$3,375
$3,635
Adjusted EPS
(in millions) (in millions)
25
SUMMARY
• Executed the plans we laid out earlier this year
• Completed the Dyneema acquisition and Distribution divestiture
amid challenging market conditions
• Paid down debt and expect to finish the year modestly levered at
3.1x net debt to 2022 pro forma adjusted EBITDA
• Expect $200 million of free cash flow in 2022
• Entering an economic slowdown with a portfolio that is better
positioned than ever before
• Updated our EPS guidance to $2.60 from continuing operations
APPENDIX
Performance
Additives
Pigments
TiO2
Dyestuffs
3%Polyethylene
12%
Nylon
Polypropylene
Other Raw
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
27
• From Q2 to Q3, we have seen a 7-10%
sequential decline in certain
hydrocarbon-based raw materials
• Other raw materials such as
performance additives and pigments
have shown moderate inflation
sequentially from Q2 to Q3
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Avient Protective Materials
SEGMENT DATA
U.S. & Canada
Latin America
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
21%
Building and
END MARKET REVENUE
(1) Total company adjusted EBITDA of $585M includes corporate costs.
https://www.avient.com/industries/packaging/personal-care-packaging/sun-care
Pressure and Non-Pressure Pipes
https://www.avient.com/industries/packaging/household-packaging/fabric-care
Pressure and Non-Pressure Pipes
https://www.avient.com/industries/packaging/household-packaging/household-cleaners
Pressure and Non-Pressure Pipes
https://www.avient.com/industries/packaging/household-packaging/surface-care
Pressure and Non-Pressure Pipes
https://www.avient.com/sites/default/files/resources/TPE_Overmolding_Solutions_for_Engineering_Thermoplastics.pdf
Provide a spring-loaded area if the inserted substrate is metal or other non-
compressible material.