https://www.avient.com/sites/default/files/2021-01/virtual-reality-application-bulletin.pdf
Your customers are early adopters, and their
technology expectations run high.
https://www.avient.com/sites/default/files/2023-12/Avient_ALL_Policies_Dec_18_2023.pdf
Ashish Khandpur
President and CEO
December 18, 2023
SECURITY POLICY
Avient Corporation places a high priority on protecting the security of our
people, our buildings and equipment, and our proprietary information,
technology and systems.
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
EPS (ex Amort) 3.96$ 0.13$ 4.09$ (0.58)$ 3.51$
Pro Forma Leverage (12/31/2022E)
Net Debt / Adjusted EBITDA 1.6x 3.4x 2.8x
Forecast Dyneema
Forecast +
Dyneema
Sale of
Distribution
Pro Forma
2022
TWO-YEAR LEVERAGE MODEL
16
3.5x
2.7x
1.6x
2.8x
2.4x
2.0x
2019PF 2020PF 2022E 2022PF 2023E 2024E
Dyneema® AcquisitionClariant Color Acquisition
(1) Pro forma for the acquisition of the Clariant Color business
(2) Pro forma for the acquisition of Dyneema® and potential divestiture of
Distribution, including repayment of senior notes due 2023 and Term Loan
(1) (1) (2)
OUR SPECIALTY JOURNEY CONTINUES
17
• Dyneema® brings leading technology and brand with
the World’s Strongest Fiber™, deep history of
application development and strong
management team focused on specialty
applications
• Dyneema® transaction is aligned with our previously
stated acquisition goal of expanding our composites
and fiber capabilities
• Similar to our other technology expansion
acquisitions, Dyneema® allows us to leverage our
invest-to-grow strategy
• The possible sale of our Distribution business also
presents potential benefits with respect to leverage
and EBITDA margins
46%
66%
86%
100%
0%
40%
60%
80%
100%
2005 2010 2015 2021 2022 PF
%
o
f A
dj
u
st
ed
E
B
IT
D
A
(1
)
JVs Distribution Performance Products & Solutions Specialty
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution
(2)
Building &
43%
14%
Telecom.
2006 2022 Pro forma
Building &
Telecom.
https://www.avient.com/sites/default/files/2023-06/2023 Advanced Composites Automotive Overview.pdf
KEY CHARACTERISTICS
• Lightweight
• High strength & stiffness
• Excellent fatigue & impact resistance
• Exceptional strength-to-weight ratio
• Strong adhesive properties
• Chemical and corrosion resistance
• Reduced NVH compared to metals
• Rapid cycle times
• Low VOCs
VALUE SOLUTION
• Replaces metal without sacrificing strength
• Reduced vehicle weight improves fuel
economy, reduces energy consumption
• Selective reinforcement adds strength in high
stress areas
• Easily integrated & streamlined manufacturing
process
• Easy bonding to various materials
• Increases structure & puncture resistance
• Can be used in injection and compression
overmolding operations
• Enables thin-walling and material reduction by
adding reinforcement to traditional materials
• Able to be re-formed, reused, recycled
USES & APPLICATIONS
• Interior structural reinforcement such as walls,
load floors, headliners, door panels, storage,
storage lids, and trim pieces
• External body panels
• Front end and door module reinforcement
• Service access cover reinforcement
• Interior hatch covers
GORDON COMPOSITES™ & GLASFORMS™
THERMOSET COMPOSITES
Gordon Composites™ and Glasforms™ thermoset
composites are made with proprietary resin/
fiber reinforcement technologies.
https://www.avient.com/sites/default/files/2022-10/2022 Automotive Industry Overview Brochure.pdf
Our global team is here to accelerate development and part
approvals, supporting you with:
• Materials that meet over 500 automotive polymer OEM
specifications
• More than 14,000 color and additive approvals for OEM
specifications, including more than 2,000 UL94-registered
concentrates and pre-colors
• Advanced design and color expertise
PORTFOLIO HIGHLIGHTS
Specialized polymers and composites
• Thermoplastic Elastomers
• Recycled and Bio-based Thermoplastic Elastomers
• Long Fiber Reinforced Formulations
• Thermally Conductive Formulations
• Static Dissipative, Electrically Conductive, and EMI/RFI
Shielding Formulations
• Pre-Colored Thermoplastics for Premium Finishes
• Engineered Polymer Formulations
• Continuous Fiber Tapes & Laminates
Colorants, additives, and plastisols
• Solid & Liquid Colorants (special effects & bio-based)
• Colorant and Additive Concentrates
• Functional and Performance Additives (UV, FR,
antimicrobial, and more)
• Liquid Additives
• Chemical Foaming and Nucleating Agents
• High-Temperature Concentrates
• Silicone Dispersions
• Vinyl Powders and Plastisols
Design & Color Services
• Avient Design
• ColorWorks™ Design & Technology Centers
UNDERHOOD
Air Management
Fuel Systems
Filters/Cleaners
Engines/Power train
Fans & Shrouds
Engine & Cam Covers
Fluid Reservoirs
Wire & Cable and Connectors
Battery Systems & Supports
EV Battery Systems
Sensors/Controls/Actuators
Turbo/Super Chargers
Control Modules/Valves
Gears & Hoses
HVAC Systems
Electrical Control Units
EXTERIOR
Move over metal... our material
and colorant solutions enable
you to replace metal and paint
while improving miles per gallon
or per charge.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-strengthmembers.pdf
We believe that our ongoing
commitment to protect the environment, to remain at
the forefront of fiber and coating technology, and to
‘treat others as we want to be treated’ will continue to
drive the success of our customers, shareholders, and
employees.
https://www.avient.com/sites/default/files/2021-10/information-systems-use-policy-final-9.1.2021.pdf
EXPECTATIONS FOR USE OF INFORMATION SYSTEMS
Users shall:
• Use all Information Systems consistent with their intended purpose, Avient business
objectives, and the Code of Conduct;
• Take necessary steps to prevent unauthorized access to and maintain security of
Confidential Data;
• Use only approved and secured methods when sharing Confidential Data and ensure
recipients have authorization to receive Confidential Data and/or have obtained prior
approval from User’s manager; and
• Obtain approval from Avient’s Information Technology department before procuring,
installing, connecting, using, or decommissioning software, systems, applications, or non-
Avient devices to or from Information Systems, including, but not limited to, on premise
and cloud-based systems.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Germany.pdf
BEHÖRDLICHE AUFLAGEN
If a present or future law, governmental decree,
order, regulation, or ruling under any existing or
future legislation prevents Seller from increasing
or revising the price as provided herein, or
nullifies or reduces any price or price increase
hereunder, upon written notice from one to the
other, Seller and Buyer will attempt to identify
mutually agreeable changes to conform this
contract with such law, decree, order, regulation,
or ruling.
Buyer
acknowledges and represents that it is
familiar with and shall strictly comply
with all applicable laws and regulations
concerning the trade, export or re-export
of products, services, data or technology
17.3 Der Käufer erkennt an, dass die
Verwendung des Produkts den
Anforderungen oder Beschränkungen
von Gesetzen und Normen unterworfen
sein kann.
Buyer acknowledges and represents that it is familiar with and shall strictly comply with all applicable laws and regulations concerning the trade, export or re-export of products, services, data or technology (“Items”), including the International Traffic in Arms Regulations (ITAR), the Export Administration Regulations (EAR) and the trade sanctions regulations administered by the U.S.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale in Turkey.pdf
If a present or future
law, governmental decree, order, regulation, or
ruling under any existing or future legislation
prevents Seller from increasing or revising the
price as provided herein, or nullifies or reduces
any price or price increase hereunder, upon
written notice from one to the other Seller and
Buyer will attempt to identify mutually agreeable
changes to conform this contract with such law,
decree, order, regulation, or ruling.
Buyer acknowledges and
represents that it is familiar with and shall strictly
comply with all applicable laws and regulations
concerning the trade, export or re-export of
products, services, data or technology (“Items”),
including the International Traffic in Arms
Regulations (ITAR), the Export Administration
Regulations (EAR) and the trade sanctions
regulations administered by the U.S.
Alıcı, makul olmayan sebeplerle verilmekten
imtina edilmemek kaydıyla Satıcının ön yazılı
izni olmaksızın, bu sözleşme tahtındaki haklarını
devredemez veya görevlerini delege edemez.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for the Kingdom of Saudi Arabia.pdf
If a present or future law, governmental
decree, order, regulation, or ruling under any existing or future legislation
prevents Seller from increasing or revising the price as provided herein, or
nullifies or reduces any price or price increase hereunder, upon written
notice from one to the other, Seller and Buyer will attempt to identify
mutually agreeable changes to conform this contract with such law, decree,
order, regulation, or ruling.
Buyer acknowledges and represents that it is
familiar with and shall strictly comply with all applicable laws and
regulations concerning the trade, export or re-export of products, services,
data or technology (“Items”), including the International Traffic in Arms
Regulations (ITAR), the Export Administration Regulations (EAR) and
the trade sanctions regulations administered by the U.S.
The number of arbitrators shall be one.