https://www.avient.com/resources/safety-data-sheets?page=2491
FR CONC - GF PP
PG 33613.02 BU PP
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=4226
Geon(TM) DB5206 BLACK FR ANTI- STAT LO VISC
CD9609 WHITE PP
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2830
PP FR 7B01 White
X PP-1552108 Black
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2635
HC6620-0020 FR Natural
PG 105433.00 BU PP
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=3915
695727 NUDE PP II
TRILLIANT HC2020-0001 FR WHT RAL9016
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=992
PG 32222 BU PP
ABS FR RED
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2677
PG 105711.00 BU PP SL
Onflex-S FR 25A-3S1830 Natural
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2020-03/2020proxy.pdf
In October, we
divested our PP&S segment which consisted predominately of the legacy Geon® vinyl business for $775 million.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
With the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
24
Avient reflects 2021 estimated EBITDA of $580M
OUR VALUATION VERSUS PEERS
Avient Specialty
Other
11.0
18.3
16.3
15.4
14.5
11.6 11.1
36.2
28.0
24.9
13.0
11.5 11.3
10.0 9.2 8.8
7.7
6.7
en
t
SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
11.9%
16.2%
2019PF 2021
EBITDA Margins
SPECIALTY TRANSFORMATION
7%
46%
66%
86%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2021 2022 PF
%
o
f A
dj
us
te
d
EB
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)
29
12%
18%
16% 15% 15% 14% 14%
28% 28%
26%
25%
22% 21% 19%
16%
12%
9% 9%
Av
ie
nt
T
od
ay
Av
ie
nt
P
F
AV
Y
PP
G
KW
FU
PM C
E
AL
B
FM
C
AS
EC
EM
XL
U
SC
BN
U
VR
Median: 21%Median: 15%
2022 EBITDA MARGINS VS.