https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
&
Canada
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
40%
37%
18%
9% 4% 4%
Building &
Energy Telecom
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6.5% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Global Compact
• Highlights ESG Performance, including
ratings, awards, and certifications
• Features increased carbon emissions
disclosures, including Climate Change Scenario
Analysis and Scope 3 emissions data
• Outlines Sustainable Supplier Program,
designed to enable supplier evaluation &
collaboration
• Reflects Great Place To Work® culture focused
on safety, employee engagement and
advancing diversity, equity and inclusion
2022 SUSTAINABILITY REPORT
19
Avient Confidential 20
• Virtual presentation to be held
September 20, 2023
• Leadership will be conducting
an investor-focused
presentation around our
sustainable solutions portfolio
• Deep dive into how we enable
customers to achieve their
sustainability goals
SUSTAINABILITY DAY
20
…are Growing at Twice the Rate as
Conventional Products
Sustainably-Branded Products…
STAKEHOLDER INFLUENCE DRIVES DEMAND
Consumers
Are demanding
recyclability and eco-
conscious products
Governments
Are mandating changes
through legislation, taxes,
and regional accords
Brand Owners
Have committed to
ambitious goals to achieve
sustainability metrics
21
AP P EN D IX
24
Performance
Additives
16%
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
2022 pro forma results for the acquisition of Avient Protective Materials
RAW MATERIAL BASKET
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,280 and estimated run-rate CAPEX of $110M.
26
3 3
4 4
4
5 5
7 7
9
10
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
28
EV / 2023E EBITDA
Historic Multiple
6.5
8.3
9.5
13.8
12.7 12.6
11.3
8.7
18.6
16.5
10.1 10.0 9.7 9.5 9.4
8.7
01
1)
01
8)
02
3)
Avient Specialty
Other Specialty /
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
30
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
31
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
52%
35%
32
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
33
BY END MARKET
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.
https://www.avient.com/products/polymer-additives/uv-and-light-blocking-additives/colormatrix-lactra-sx-light-blocking-additive-pet
Technical Data Sheets
Browse our library of product data sheets containing technical descriptions and details.
Color and Additives Solutions Overview
https://www.avient.com/sites/default/files/2020-07/phthalate-facts-brochure.pdf
PHTHALATES
IN PLASTICS
KNOWING
THE FACTS
Phthalates are a group of chemicals used to make plastics,
and in particular polyvinyl chloride (PVC), more flexible.
Examples of
common applications include medical tubing, inflatables,
packaging film and sheets, garden hoses, toys and
automotive plastics.
https://www.avient.com/products/long-fiber-technology/long-fiber-technologies/onforce-long-glass-fiber-reinforced-polypropylene-composites
Find Data
Technical Data Sheets
Find material data
https://www.avient.com/investor-center/news/polyone-raises-outlook-fourth-quarter-2019-adjusted-earnings
color and additive masterbatch business.
is a premier provider of specialized polymer materials, services and solutions.
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
https://www.avient.com/sites/default/files/2024-08/OnColor REC Polymer Colorants Product Bulletin.pdf
OnColor™ REC Polymer Colorants
OnColor™ REC Polymer Colorants are derived from
recycled content, making them a sustainable
alternative to concentrates using virgin carbon
black.
A PCF
calculation for the use of OnColor REC colorants is
available on request.
These versatile
colorants can be used in multiple resins and are
available in standard or custom color solutions.
https://www.avient.com/news/avient-s-singapore-production-facility-receives-iscc-plus-certification-bio-derived-materials
Avient’s Chin Bee Site in Singapore has earned ISCC PLUS accreditation for polymer products with mass balance-certified bio-derived feedstock content.
Avient is experiencing a significant surge in demand for sustainable materials solutions, particularly in the Asia-Pacific region,” said Derrick Chan, General Manager of Color & Additives Southeast Asia at Avient.
Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world’s strongest fiber™.
https://www.avient.com/news/avient-launches-additional-resound-bio-based-tpes-formulated-renewable-plant-derived-content
These reSound BIO TPEs have an opaque natural color and offer excellent colorability, just like prime TPEs.
This tone allows the materials to showcase a natural aesthetic or be colored to match design specifications with traditional TPE colorants or sustainable color options from Avient.
Brand owners continue to seek ways to be more environmentally responsible and these new bio-polymers were developed to help them achieve those goals,” said Matt Mitchell, director, global marketing, Specialty Engineered Materials at Avient.
https://www.avient.com/news/planetpak-delivery-system-reduces-waste-and-improves-recyclability
BEREA, Ohio – PolyOne ColorMatrix, a global leader in liquid color and additives for plastics,has launched the PlanetPak™ liquid delivery system, the latest in its line of eco-friendly packaging solutions, helping customers reach their environmental goals.
Easy to transport, handle and store, this packaging system improves material handling safety while still efficiently delivering the high quality colorant stored within it.
PolyOne Corporation, with 2013 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/news/polyone-launches-new-textile-printing-technology-china-wilflex-epic-rio-non-phthalate-ink-mixing-system
EPIC Rio inks are PANTONE® approved, with an extended color range of 18 single pigment finished ink mixing components, which balance color accuracy, vibrancy and opacity for peak press performance and color design.
The matches to Pantone color standards are spot on.
About PolyOne
PolyOne Corporation, with 2016 revenues of $3.3 billion, is a premier provider of specialized polymer materials, services and solutions.