https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Spain.pdf
Buyer shall make all payments
hereunder in cash or cash equivalent at face value in the
funds, within the time, and at the location indicated on
Seller’s invoice.
If Buyer resells the Products, Buyer agrees to the
Terms and Conditions Regarding Buyer Resale of Avient
Products located at www.avient.com/terms.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Denmark.pdf
Forsinkede betalinger vil blive forrentet med
den maksimale procent, der er tilladt i henhold til § 5 i
Buyer shall make all payments hereunder in cash or
cash equivalent at face value in the funds, within the
time, and at the location indicated on Seller’s in-
voice.
If Buyer resells the
Products, Buyer agrees to the Terms and Conditions
Regarding Buyer Resale of Avient Products located
at www.avient.com/terms.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Poland.pdf
Buyer shall make all payments
hereunder in cash or cash equivalent at face value in the
funds, within the time, and at the location indicated on
Seller’s invoice.
If Buyer resells the Products, Buyer agrees to the
Terms and Conditions Regarding Buyer Resale of Avient
Products located at www.avient.com/terms.
https://www.avient.com/sites/default/files/2022-08/Avient Candidates Data Privacy Notice Final - English.pdf
Note that if your residence is located in a country different to where the job you are applying to is, the use
of your data by Avient’s group company is not subject to the data protection regulations in your country,
and as such, a different level of protection may apply.
https://www.avient.com/sites/default/files/resources/PolyOne_English-Thai_Terms_and_Conditions.pdf
Buyer will make all
payments hereunder in cash or in negotiable
paper collectible at face value in the funds and
at the location indicated on Seller’s invoice;
late payments will bear interest at 1.5%/month.
https://www.avient.com/sites/default/files/2025-02/Hammerhead FR Panel eBook.pdf
Off-Site Construction: The process of planning, designing, fabricating, and assembling building
elements at a location other than the final building site.
https://www.avient.com/sites/default/files/2021-01/avient-colorants-belgium-registered-publication.pdf
De manière générale, la société peut réaliser son objet directement ou indirectement et notamment
conclure toute convention d'association, de rationalisation, de collaboration, tout contrat de travail ou
d'entreprise, prêter son concours financier sous quelque forme que ce soit, exécuter tous travaux et
études pour toute entreprise, association ou société à laquelle elle se sera intéressée ou à laquelle
elle aura apporté son concours financier, vendre, acheter, cautionner, donner à bail ou prendre en
location tout bien corporel ou incorporel, mobilier ou immobilier, donner à bail ou affermir tout ou
partie de ses installations, exploitations et son fonds de commerce.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Germany.pdf
ZAHLUNG UND KREDIT
7.1 Buyer shall make all payments
hereunder in cash or cash equivalent at
face value in the funds, within the time,
and at the location indicated on Seller’s
invoice.
7.1 Der Käufer hat alle Zahlungen im
Rahmen dieses Vertrages in bar oder
gleichwertigen Zahlungsmitteln zum
Nennwert in der auf der Rechnung des
Verkäufers angegebenen Währung,
innerhalb der dort angegebenen Frist und
an dem dort angegebenen Ort zu leisten.
7.2 Late payments will bear interest in
accordance with German statutory
provisions.
7.2 Auf verspätete Zahlungen werden
Verzugszinsen nach den deutschen
gesetzlichen Bestimmungen erhoben.
7.3 Buyer is only entitled to set-off insofar as
his counterclaims are undisputed or have
been legally established.
7.3 Der Käufer ist zur Aufrechnung nur
berechtigt, soweit seine Gegenansprüche
unbestritten oder rechtskräftig
festgestellt sind.
7.4 If Buyer’s business is no longer operated
in the ordinary course of business which
shall include, without limitation, acts of
seizure, late payments, discontinuation
of payments or filing for insolvency
proceedings under any applicable law, or
if Buyer is in payment default towards
Seller or in case of any other incidents
giving rise to doubts about its
creditworthiness, Seller at its discretion
may require advance cash payments,
COD, shorter terms, and/or the posting
of satisfactory security by Buyer, and
may withhold shipments.
If Buyer resells the
Products, Buyer agrees to the Terms and
Conditions Regarding Buyer Resale of
Avient Products located at
www.avient.com/terms.
17.1 Der Verkäufer verbietet den
Weiterverkauf des Produkts, es sei denn,
der Verkäufer hat dies ausdrücklich
schriftlich genehmigt.
If Buyer resells the Products, Buyer agrees to the Terms and Conditions Regarding Buyer Resale of Avient Products located at www.avient.com/terms.
17.1 Der Verkäufer verbietet den Weiterverkauf des Produkts, es sei denn, der Verkäufer hat dies ausdrücklich schriftlich genehmigt.
https://www.avient.com/sites/default/files/resources/Terms%2520and%2520Conditions%2520of%2520Sale%2520for%2520Mexico%2520%2528English%2520and%2520Spanish%2520Language%2520Version%2529.pdf
Buyer will make all payments
hereunder in cash or in negotiable paper collectible at
face value in the funds and at the location indicated on
Seller’s invoice; late payments will bear interest at
1.5%/month.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
DYN E E MA ACQ U I S I T I O N
32
15x stronger than steel
Reduces weight by 30% vs. other solutions
Well-maintained global asset base poised to serve growing demand
• Purchase price of $1.48B represents 11.4x multiple of
2022 EBITDA
• Acquisition will expand Avient’s composites and fiber
portfolio with Dyneema®, the World’s Strongest Fiber™
• $415M sales and 30%+ EBITDA margins; Immediately
accretive to pro forma 2022 EPS, adding $0.35
• 1,300 patents globally, ~50% of sales patent protected
• 1,000+ employees across global production network and
dedicated technology centers
• Composites platform will increase from $261M to $680M in
revenue and from $49M to $180M in EBITDA Indicates Dyneema® location
$175M
(42%)
$65M
(16%)
$175M
(42%)
2022E Sales By Region ($M)
(1) $0.35 EPS excludes intangible amortization
(2) Based on 2022 expected results
(1) (2)
(2)
FIT WITH FOUR PILLAR STRATEGY
33
Specialization
• Innovation-led organization with
tremendous intellectual property value in
trademarks, patents and “know-how”
• Deep history of application development
and premium, leading brand with the
World’s Strongest FiberTM
Globalization
• Global customer base with an
established presence across all major
geographic regions
• Global technology centers complement
existing Composites applications and
expertise
Operational
Excellence
• Best-in-class safety performance
• Well-run and maintained asset base fit to
serve future growth
• Highly effective and reliable supply chain
with emphasis on optimizing service to
customers
Commercial
Excellence
• Deep customer relationships extend
across the value chain and drive ability
to grow
• Offer a full suite of services with an active
role in design, development and
commercialization
People
Experienced and
talented associates
with a passion for
safety, specialization
and winning
DYNEEMA® OVERVIEW
K E Y I N D U S T R I E S
PERSONAL PROTECTION
Military • Law Enforcement • First
Responders Body Armor • Helmets •
Vehicle Protection
$215M
MARINE & SUSTAINABLE
INFRASTRUCTURE
Towing / Mooring • Aquaculture •
Floating Wind • Offshore Cranes
$130M
CONSUMER
Consumer • Outdoor High Performance •
Safety Equipment
$70M
34 Figures reflect 2022 expected sales
MIFOverview Competition Valuechain &
Go-to-market Strategy Innovation Financials
TECHNOLOGY
35
1,200 1,300
2,500
Avient Dyneema Combined
Patents
• True specialty business – the World’s Strongest Fiber™
• Deep history of application development with customers,
strongest in the industry
• The only UHMwPE (ultra-high molecular weight polyethylene)
fiber producer that is backward integrated
o Provides innovation advantage through control of all steps of the process
• Complementary with our existing reinforced film expertise
(PolyStrand) and engineered fiber presences (Fiber-Line)
WINNING PROPERTIES
Ultra high strength vs. weight Highly flexible
Floats on water Chemically inert; no smell/taste and non-toxic
High resistance to UV radiation Self-lubricating, with low friction
One-of-a-kind technology
®
FORMULATION PROCESS
36
• Like Avient, Dyneema® offers similar
core competencies around formulation
and material science
• Technology that combines polymers and
fibers to provide specialized, high
performing solutions for customers
• Design capabilities ensure that
applications are highly customized for
the specified end use
DYNEEMA® IN THE VALUE CHAIN
37
UHMwPE
Fiber / Tapes
Military Personnel,
Law Enforcement
Heavy Marine,
Offshore Wind Energy
and Mooring,
Aquaculture
Outdoor,
Footwear, Apparel,
Inflatables
• Material Science
• Formulation
• Service
INTERMEDIATE MANUFACTURING
(CUSTOMERS) OEM / APPLICATION
DEMAND TRENDS
38
• Military spending and near-term demand for higher performing personal protection
products (like Dyneema®) expected to increase
o European NATO members annual defense spend expected to increase by up to 20%(1)
o Japan aiming to almost double defense spending over the next 5 years(2)
o Accelerated launch of next generation technology in North America
• Policy-driven demand for sustainable energy; growth in floating offshore wind
farms which require advanced, durable technology
o Offshore wind expected to grow at a CAGR of 32% with the level of annual installations
quadrupling over the next five years(3)
• Continued investment in aquaculture as a sustainable food source(4)
• Strong demand in outdoor high performance space across niche consumer
applications aligns with 10% growth assumption for Avient’s Composites portfolio
Sources:
(1) “Funding NATO”, NATO.int (April 1, 2022)
(2) “Japan Ruling Party Calls for Defense Spending Boost to 2% of GDP”, WSJ (April 21, 2022)
(3) “Global Wind Report 2021”, Global Wind Energy Council
(4) “Aquaculture Supports a Sustainable Earth”, NOAA Fisheries
39
A L I G N M E N T W I T H
S U S T A I N A B I L I T Y G O A L S
PRODUCTS
AVIENT’S EXISTING COMPOSITES PORTFOLIO
D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G
M A N U F A C T U R E R S A N D O E M S
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
40
AVIENT’S COMPOSITES PORTFOLIO
SALES AND EBITDA
41
$74 $84
$216 $212
$261
$5 $10
$32
$41
$49
$180
0
50
100
150
200
$-
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
2017 2018 2019 2020 2021 2022E
$680
• Dyneema® acquisition will further
improve Composites EBITDA margins
to 26%
• Dyneema® will complement our
existing portfolio with deep formulation
expertise, innovative culture and
global commercial presence
• Composites will continue to be a key
growth driver to deliver future revenue
growth in excess of GDP
(1) Pro forma for the acquisition of Dyneema®
SEGMENT DATA
U.S. & Canada
50%
Latin America
2021 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
Building and
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
43
34%
Building &
1% Telecommunications
C O L O R , A D D I T I V E S & I N K S
2021 REVENUE | $2 .4 BILLION
32%
40%
Latin America
END MARKET REGION
44
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
27%
Building &
2021 REVENUE | $919 MILLION
END MARKET
55%
REGION
45
D I S T R I BU T I O N
26%
Building and
80%
3%
Latin
America
END MARKET REGION
K EY SU PPL IER S
2021 REVENUE | $1 .6 BILLION
46
TOTA L C O M PA N Y R E G I O N A L S A L E S
BY END MARKET
30%
26%Healthcare
14%
Building &
2% Energy
(16% of sales)
32%
Building &
(25% of sales)
47
19%
Building &
US &
Canada
(50% of sales)
38%
33%
Building &
LATAM
(9% of sales)
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.