https://www.avient.com/sites/default/files/2023-03/AvientRY 2021 CDP Verification Opinion Declaration_07-26-22r%5B96%5D.pdf
Boundaries of the reporting company GHG emissions covered by the verification:
Operational Control
Global
Exclusions:
Fugitive refrigerants
Types of GHGs: CO2, N2O, CH4
GHG Emissions Statement:
Scope 1: 18,242 metric tons of CO2 equivalent
Scope 2 (Location-Based): 134,244 metric tons of CO2 equivalent
Scope 2 (Market-Based): 85,892 metric tons of CO2 equivalent
Scope 3:
o Category 3 – Fuel and energy-related activities (electricity transportation and distribution losses only):
8,777 metric tons of CO2 equivalent
Data and information supporting the Scope 1 and Scope 2 GHG emissions assertion were in most cases
historical in nature and in some cases were estimated.
Energy:
o Diesel Fuel Consumption: 7,268,012 kWh
o Natural Gas Fuel Consumption: 90,498,342 kWh
o Renewable Energy - Self Generated (solar): 252,779 kWh
o Renewable Energy - Self Generated (Wind): 2,399,531 kWh
o Electric Power: 339,815,274 kWh
Page 2
WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE
Apex Companies, LLC • (800) 733-2739 • www.apexcos.com
o Renewable Energy Credit (REC): 121,411,062 kWh
o Renewable Power – Offsite: 27,119,749 kWh
Period covered by GHG emissions verification:
January 1, 2021 to December 31, 2021
GHG Reporting Protocols against which verification was conducted:
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2)
and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard
WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Verification Protocols used to conduct the verification:
ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the
verification and validation of greenhouse gas statements
Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and
International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other
than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after
Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
Verification Opinion:
Based on the verification process and procedures conducted to a limited assurance level of the GHG emissions
statement shown above, Apex found no evidence that the GHG emissions statement:
is not materially correct and is not a fair representation of the GHG emissions data and information; and
has not been prepared in accordance with the WRI/WBCSD GHG Protocol Corporate Accounting and
Reporting Standard (Scope 1 and 2), and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain
Accounting and Reporting Standard (Scope 3).
https://www.avient.com/sites/default/files/2021-11/trade-register-lu1a-16112021.pdf
D_21_851633
Page 1 / 5
EXTRAIT
Avient S.à r.l.
Société à responsabilité limitée
Route de Bastogne
Parts détenues
Nombre
131 000
Administrateur(s) / Gérant(s)
Régime de signature statutaire
Sous réserve de la Loi Luxembourgeoise et des présents Statuts, la Société est valablement engagée ou représentée à
l'égard des tiers par : 10.1 si la Société a un Gérant Unique, la seule signature du Gérant Unique; 10.2 si la Société a plus
d'un (1) Gérant, la signature unique de tout Gérant, à condition cependant que si des catégories différentes de Gérants (à
savoir Gérant de catégorie A et Gérant de catégorie B) sont nommés, également la signature unique de tout Gérant (y
compris par le biais de la représentation); 10.3 la signature unique de toute personne à qui un tel pouvoir aura été délégué
conformément à l'Article 11.
Kennedy
1855
Réviseur d'entreprises agréé
01/07/2021
Déterminée
Date d'expiration du mandat
01/07/2024
Page 5 / 5
Pour extrait conforme [3]
Luxembourg, le 16/11/2021
Pour le gestionnaire du registre de commerce et des sociétés [4]
[1] Information mise à jour mensuellement sur base de l'article 12§3 de la loi modifiée du 19 décembre 2002 concernant le registre de commerce et des
sociétés ainsi que la comptabilité et les comptes annuels des entreprises
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
GUIDANCE
11
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
12
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
40%
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
18%
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
13
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
Avient 2011, 2018 and 2021 multiples reflect trailing 12 months EBITDA at December 31.
28
EV / 2023E EBITDA
6.5
8.5
11.0 10.8
16.1 15.5
14.1 14.0
10.3
21.0
19.0
14.3
12.1 11.8 11.7 11.5
9.7
11
21
23
PM AV
FM
Avient Historic Multiple
Avient Specialty
Other Specialty /
AP P E N DI X
30
Performance
Additives
16%
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
2022 pro forma results for the acquisition of Avient Protective Materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
32
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 BILLION
US & Canada
34%
38%
END MARKET REGION
33
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 BILLION
US & Canada
52%
35%
34
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
35
BY END MARKET
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.
https://www.avient.com/sites/default/files/2021-12/avient-sarl-hungary-branch-register-extract-2021-12-07.pdf
Data not dependent on company form
1.
Tax number of the company
21/1.
Company numbers
49/1.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
Operating Income
$3,783
$4,100
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Previous
Guidance
Current
Guidance
$3,783
$4,300
$308
$360
$308
$410
$1.93
$2.40
$1.93
$2.80
(1) (1)(1)
(1)(1) (1)
12
BALANCE SHEET
• Deleveraging to 1.9x net debt to
adjusted EBITDA by the end of
2021
• Driven by record adjusted EBITDA
performance and strong free cash
flow generation from asset light
business
• Future cash deployment: M&A,
opportunistic share repurchases
and balance sheet / continued
leverage reduction
3.5x
2.7x
1.9x
Net Debt / Adjusted EBITDA
($ in millions)
2021E Adjusted EBITDA 560$
Free Cash Flow 275$
Total Debt 1,860
Less: Cash (800)
Net Debt 1,060$
2021E Net Debt / Adjusted EBITDA 1.9x
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
SUSTAINABILITY
• Most recent Sustainability report substantially expanded disclosure on
key environmental and social topics
Reduce Scope 1 & 2 greenhouse gas
emissions by 35%.
https://www.avient.com/sites/default/files/308837_en_46388.pdf
Martorell no.124
08740 Sant Andreu de la Barca
Spain
Scope
Category I
Production of customer specific Masterbatches for
Food packaging materials on the dedicated extrusion
lines
Normative base
ISO 22000:2018 Food Safety Management Systems - Requirements
for any organization in the food chain
Reg. no. 46388
Page 1 of 1
Validity 25. 02. 2024 – 24. 02. 2027
Issue 25. 02. 2024
A.Grisard, President SQS F.
https://www.avient.com/sites/default/files/resources/US_Avon%2520Lake%2520POC_RCMS%25202013.pdf
Microsoft Word - 55453- PolyOne Corporation RCMS 2013 Option 2.docx
ABS Quality Evaluations
Letter Of Conformity
Page 1 of 1
This is to confirm that the Environment, Health, Safety and Security Management System of:
PolyOne Corporation
33587 Walker Road
Avon Lake, OH 44012
U.S.A.
https://www.avient.com/sites/default/files/2024-10/CCG metallic sulfones case study_Final.pdf
AVIENT SOLUTION
SUSTAINABILITY + AESTHETICS
LEARN MORE
Avient Corporation 1
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates/colorant-chromatics-metallic-effect-pre-colored-sulfone-colorants
Slide 1: Aviation COMPONENTs manufacturer
https://www.avient.com/sites/default/files/2020-07/avient-abac-indonesia-200720.pdf
Kebijakan Global
Avient tentang
Antisuap dan
Antikorupsi
Diterbitkan: 1 Juli 2020
Kebijakan Global Kita tentang Antisuap dan Antikorupsi 1
Pentingnya Kepatuhan 1
Tanggung Jawab Kita 1
Apa yang Dimaksud dengan Suap?
Menawarkan
barang berharga tidak boleh disalahartikan
sebagai pengeluaran yang sah, wajar, dan
terbatas untuk hadiah, hiburan bisnis, dan
kegiatan sah lainnya yang berkaitan langsung
dengan perilaku bisnis Avient. 1
Pentingnya Kepatuhan
Di mana pun kita beroperasi di dunia, Undang-Undang
Antisuap dan Antikorupsi (Anti-Bribery and Anti-Corruption
atau ABAC) berlaku untuk bisnis kita, termasuk, tetapi tidak
terbatas pada, Undang-undang Praktik Korupsi Luar Negeri
1 Bacalah bagian Hadiah dan Keramahtamahan dalam Pedoman Perilaku Avient
dan Kebijakan Hadiah dan Hiburan kita untuk menentukan jika pengeluaran yang
Anda usulkan diizinkan.
Larangan ini berlaku jika penawaran atau pembayaran
dilakukan secara langsung atau melalui orang lain
• Membuat entri yang menyesatkan, tidak lengkap, atau palsu dalam pembukuan dan catatan Avient
• Mengabaikan tanda bahaya saat berurusan dengan pihak ketiga
Amerika Utara
Kantor Pusat Global Avon Lake,
Amerika Serikat
33587 Walker Road Avon Lake, OH,
Amerika Serikat 44012
Nomor Bebas Pulsa:
+1 866 765 9663
Nomor Telepon: +1 440 930 1000
Faks: +1 440 930 3064
Asia Pasifik
Kantor Pusat Regional Shanghai,
Tiongkok
2F, Block C 200 Jinsu Road
Pudong, 201206 Shanghai, Tiongkok
Telepon: +86 (0) 21 6028 4888
Faks: +86 (0) 21 6028 4999
Amerika Selatan
Kantor Pusat Regional Sao Paulo,
Brasil
Av.