https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B
Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
0%
60%
80%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
Target reference number
Abs 2
Year target was set
2020
Target coverage
Company-wide
Scope(s) (or Scope 3 category)
Scope 1+2 (market-based)
Base year
2019
Covered emissions in base year (metric tons CO2e)
173,731
Covered emissions in base year as % of total base year emissions in selected
Scope(s) (or Scope 3 category)
100
Target year
2050
Targeted reduction from base year (%)
100
Covered emissions in target year (metric tons CO2e) [auto-calculated]
0
Covered emissions in reporting year (metric tons CO2e)
106,003
% of target achieved [auto-calculated]
38.984406928
Target status in reporting year
Underway
Is this a science-based target?
Yes, achieving this target will support Avient's achievement of Abs 2.
Though this goal is most closely related to our products, this goal necessitates that any
waste produced via the manufacturing process also be recycle, and so is indirectly tied
to our Abs 3 waste goal.