https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
MATERIAL STRATEGIES
Ergonomic Grip Design Guide 23
As we stated above, increasing the durability of a
device can help extend its useful life and reduce
waste.
US FDA, EU MDR, EU IVDR)
• Is biocompatibility required or will it be
tested for?
US FDA, EU 10/2011, China GB,
Japan PL, Mercusor for certain countries in
South America)
• What types of food will be contacted and under
what conditions/temperatures?
https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
Management excludes
intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful
measure of current period earnings per share.
Senior management believes the measures described above are useful to investors because they allow for comparison to
Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results
due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset
amortization is a useful measure of current period earnings per share.
Senior management believes the measures described above are useful to investors because they allow for comparison to
Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results
due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2021-02/mevopur-needle-one-pager-case-study.pdf
ETO / Gamma radiation)
• Facilitated 510(k) submission with formulations
registered under Device Master File MAF 1833
• Pre-tested raw materials to biocompatibility
ISO10993, US and Eu Pharmacopeia, ICH-Q3D
extractable metals
• Enhanced stability with gamma stabilizing
package
• Minimized risk of change with change control
beyond CAS number level
• Ensured uninterrupted supply from multiple ISO
13485-2016 certified sites
• MEVOPURTM ISO 6009 Standard / Customized
Solutions
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-05/LFT - Blower Vac - Application Snapshot_BU Draft_3.pdf
LAWN & GARDEN OEM
F A N F O R B L O W E R / V A C U U M
• Lighter than incumbent magnesium part to improve start-
up efficiency and enhance overall user experience
• High impact resistance to withstand the effect of fast-
moving landscaping debris
• Good dimensional stability to meet tight tolerances of
assembly
• Expertise to guide next-generation product
development
• Proved material performance success through
extensive Mold Flow and FEA simulations to
prove concept without prototyping and minimize
development costs
• Produced material globally to support regional
demands
• Referred customer to US-based dependable
mold shops to support local production
Complēt™ MT 40% Long Glass Fiber Impact
Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-03/LFT - Blower Vac - Application Snapshot.pdf
LAWN & GARDEN OEM
F A N F O R B L O W E R / V A C U U M
• Lighter than incumbent magnesium part to improve start-
up efficiency and enhance overall user experience
• High impact resistance to withstand the effect of fast-
moving landscaping debris
• Good dimensional stability to meet tight tolerances of
assembly
• Expertise to guide next-generation product
development
• Proved material performance success through
extensive Mold Flow and FEA simulations to
prove concept without prototyping and minimize
development costs
• Produced material globally to support regional
demands
• Referred customer to US-based dependable
mold shops to support local production
Complēt™ MT 40% Long Glass Fiber Impact
Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?
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.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
Senior management believes the measures described above are useful to investors because they allow for comparison to
Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results
due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible
asset amortization is a useful measure of current period earnings per share.
Senior management believes these measures are
useful to investors because they allow for comparison to Avient's performance in prior periods without the effect of items that, by
their nature, tend to obscure Avient's operating results due to the potential variability across periods based on timing, frequency
and magnitude.
Senior management believes these
measures are useful to investors because they allow for comparison to Avient's performance in prior periods without the effect of
items that, by their nature, tend to obscure Avient's operating results due to the potential variability across periods based on
timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
The growth opportunity before us is
what attracted me to join Avient, and I
am committed to doing everything I can
to lead us along the path of success.
This allows us to rapidly translate new technologies into new products, helping us advance a more
circular economy with reduced carbon footprint.
The useful lives range up to 25 years.
https://www.avient.com/sites/default/files/2025-04/Supplier Code of Conduct FV_Eng.pdf
Our unique position in the supply chain allows us to
work with suppliers to innovate materials solutions to help our customers succeed, while
enabling a sustainable world.
Implementing these
standards into Supplier performance are important to us and we expect our Suppliers and business partners
to communicate these expectations throughout their supply chain by adopting efficient management
systems, policies, procedures, and training to uphold the standards and expectations set forth in this
Supplier Code of Conduct within their own business operations.