https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Woon Keat Moh.pdf
This has included Sales Director for Avient’s Color and Additives
segment in Asia and General Manager of Engineered Materials Asia.
Moh also served as
Vice President of Asia, where he strengthened a One Avient approach internally and externally
with customers, regional leaders and associations, as Avient has invested for growth in Asia.
Moh holds a Bachelor of Science in Engineering from the University of New Brunswick.
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.
2
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial GuidanceCompany Overview Revenue By:
9,700
Employees
104
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable material solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.13B
Revenue
$500M
Adjusted EBITDA
Adjusted EBITDA Margins
$180M
Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
40%
37%
18%
9% 4% 4%
Building &
Energy Telecom
Geography
Segment
Industry
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
WHAT WE DO: WE ARE A FORMULATOR
CUSTOM
FORMULATION
6
N OVE MBE R 2 , 2023
W E BCAS T
P RE S E N TAT I O N
Complementary technologies and
customer relationships offer opportunity to
advance commercial strategy
Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight
and high performance applications
AVIENT PROTECTIVE MATERIALS
FIRST YEAR
8
Composites comprises over half of
Specialty Engineered Materials,
compared to 9% in 2016
Proven history of success in areas
such as outdoor high performance,
defense and sustainable solutions
Composites
44%
56%
2023E
Sales
Collaboration & InnovationComposites as a % of SEM People & Culture
Talented, passionate, and
creative associates drive
continued integration success
and allow two cultures to come
together as one Avient
Lightweight Protective Laminates:
PROJECTILE PROTECTION
Dyneema® Fiber Solutions
Cushioning + Fit + Comfort:
LONG-TERM WEAR
reSound™ Versaflex™ Thermoplastic Elastomers
Strength + Durability + Light-Weighting:
SOLID MOUNTING BRACKETS
Nymax™ Bergamid™ Complēt™ Engineered Materials
Durability + Lubricity:
HELMET LATCHES
Lubri-One™ Internally Lubricated Polymers
Color Consistency and Weatherability
CUSTOMIZED SPECIFICATIONS
Avient Color and Additive Solutions
Antennae Performance
FAST, RELIABLE CONNECTIONS
PREPERM™ Low-Loss Dielectric Thermoplastics
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
Wired Connections
CONSTANT COMMUNICATION
Syncure™ Cross-linkable Wire & Cable Formulations9
10
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
10
Q 3 P E RFO RMAN CE
15.4%
16.3%
2022 PF 2023
Results vs.
Avient 2011, 2018 and 2021 multiples reflect trailing 12 months EBITDA at December 31.
28
EV / 2023E EBITDA
6.5
8.5
11.0 10.8
16.1 15.5
14.1 14.0
10.3
21.0
19.0
14.3
12.1 11.8 11.7 11.5
9.7
11
21
23
PM AV
FM
Avient Historic Multiple
Avient Specialty
Other Specialty /
AP P E N DI X
30
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
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%
32
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 BILLION
US & Canada
34%
38%
END MARKET REGION
33
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 BILLION
US & Canada
52%
35%
34
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%
35
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/news/avient-and-virginia-tech-collaborate-industrial-design-students-challenged-automotive-aftermarket-part-competition
CLEVELAND – October 18, 2023 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, is proud to announce a recent innovative collaboration project with Virginia Tech, one of the nation's premier research universities.
As a result of this collaboration, Virginia Tech students generated an impressive array of distinct design concepts, each pushing the boundaries of creativity and engineering, presenting their final projects to both their peers and Avient associates on campus last week on October 11th.
SEARCH INVESTOR NEWS
https://www.avient.com/early_talent
Gain broad exposure to operations while working on impactful engineering and sustainability projects.
Sophie Alber, Incoming SWE @ Datadog, CS @ Cornell Engineering
https://www.avient.com/company/company-officers
Holger Kronimus, Vice President, Europe, and General Manager, Engineered Materials, Europe
Pederson, Senior Vice President and President of Specialty Engineered Materials
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/maxxam-polyolefin-formulations
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Products //
Engineered Polymer Formulations //
General Engineered Formulations //
Maxxam™ Polyolefin Formulations
https://www.avient.com/products/thermoplastic-elastomers/versaflex-tf-adhesive-tpes-textile-fabrics
Fiber-Line™ Engineered Synthetic Fiber Products
Explore our broad portfolio of engineered synthetic fiber products
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/colorant-chromatics-crosslinked-formulations
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Products //
Engineered Polymer Formulations //
High-Temperature Polymer Formulations //
Colorant Chromatics™ Crosslinked Formulations
Learn about high-performance thermoplastics that surpass commodity and engineering resins
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/comptek-high-temperature-polymer-concentrates
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Products //
Engineered Polymer Formulations //
High-Temperature Polymer Formulations //
COMPTEK™ High-Temperature Polymer Concentrates
Learn about high-performance thermoplastics that surpass commodity and engineering resins
https://www.avient.com/knowledge-base/article/should-polymers-be-used-instead-aluminum-advanced-driver-assistance-system-housings
More function, less space – You need to add more electronics without expanding the footprint on the vehicle – injection moldable engineered polymers enable function integration and thin wall housing construction, without compromising dimensional stability.
Weight, weight, weight – Engineered polymers can be formulated to provide excellent thermal management, static dissipation and EMI/RFI shielding performance for your ADAS housing at a lighter weight than aluminum.