https://www.avient.com/resources/safety-data-sheets?page=585
PX-18401-B HIGHER DUROMETER PX-17416-B
PX-18401-D HIGHER DUROMETER PX-17416-B
https://www.avient.com/resources/safety-data-sheets?page=3679
B-354 SUNBURST YELLOW SG201UG
B-369 FUSION RED UV
B-357 MANTA GREEN SG201UG
https://www.avient.com/resources/safety-data-sheets?page=6410
STAN-TONE HCC-107308 WHITE B
STAN-TONE HCC-107312 BLACK B
STAN-TONE HCC-107314 YELLOW B
https://www.avient.com/resources/safety-data-sheets?page=3745
B-357 MANTA GREEN/6601.29
B-370 RACE ORANGE/HDPE 6601.29
B-354 SUNBURST YELLOW 6601.29
https://www.avient.com/resources/safety-data-sheets?page=5398
B-294C PPR-17
B-16-4725 TPX PP-17
B-16-4725 TPX POM
https://www.avient.com/resources/safety-data-sheets?page=6814
TR-380392A OM 6258 Oil B
SC-2714 B RED
SC-2928 B RED186
https://www.avient.com/resources/safety-data-sheets?page=1588
BB&B Bracken
BB&B Patriot
BB&B Steel Gray Pearl
https://www.avient.com/resources/safety-data-sheets?page=4812
TRANS BLUE AM B
BLACK TPE AM B
TRANS RED AM B
https://www.avient.com/sites/default/files/2020-03/2020proxy.pdf
Robert M.
a)
Section 3
(b)
Section 22
(c)
Section 4(d)( )
(d)
(e)
(f)
(g)
(h)
(i)
Section 5
(j)
(k)
(l)
(m)
5.
a)
Section 12
(b)
Section 12
Section 17(b) ( )
Section 12
Section 17(b)( )
(c)
Section 10
Section 11(b) ( )
(d) Section 17(b) ( )
Section 12
18.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Microsoft PowerPoint - AVNT Q3 2022 Earnings Presentation
AVIENT CORPORATION
T H I R D Q U A R T E R 2 0 2 2 R E S U L T S
(NYSE: AVNT)
N O V E M B E R 2 , 2 0 2 2
D I S C L A I M E R
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.2
T R A N S F O R M A T I O N A L
O V E R V I E W
Avient Protective
Materials
Dyneema
®
RECENT TRANSAC TIONS
Acquired Divested
$1.45 B $0.95 B
4
Distribution
UPDATED CA PI TAL STRUC TURE
& LI QUI DI TY
• Proceeds from completed
sale of Distribution used to
pay near-term maturing debt
to strengthen balance sheet
• Fixed/floating debt ratio of
~55/45
• Proven track record of
deleveraging following major
acquisitions through strong
free cash flow generation
• 2022 pro forma net
debt/adjusted EBITDA
expected to be 3.1x
$725 $725
$575 $500
$600
$525
$650
$650
$600
Capital Structure
Cash
$544
Undrawn
Revolver
$250
Liquidity
$3.15B
$2.40B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
2023 Notes
After Dyneema
Acquisition
After Distribution
Divestiture
$794M
(1)
(1) $250M reflects estimated undrawn revolver following the divestiture of Distribution
5
PREVI OUS TR ANSACTIONS
Performance
Solutions
Products &
$0.8 B
COLOR
$1.4 B
Acquired (2020)Divested (2019)
6
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $75 million of realized synergies anticipated in 2022
• Acquisition completed on July 1, 2020 for $1.45 billion.
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$585M$3,635M
(1)
Transportation
9%
Healthcare
8%
23
C O L O R , A D D I T I V E S & I N K S
2 0 2 2 R E V E N U E | $ 2 . 3 B I L L I O N
US & Canada
35%
EMEA
40%
Asia
20%
Latin America
5%
END MARKET REGION
24
Packaging
33%
Consumer
22%
Healthcare
9%
Industrial
15%
Transportation
8%
Building &
Construction
11%
Telecommunications
1% Energy
1%
Figures represent 2022 full year estimates
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
2 0 2 2 P R O F O R M A R E V E N U E | $ 1 . 3 B I L L I O N
END MARKET
US & Canada
50%
EMEA
35%
Asia
15%
REGION
25 Figures represent 2022 full year estimates
Packaging
5%
Consumer
19%
Healthcare
8%Industrial
16%
Transportation
10%
Telecommunications
10%
Energy
9%
Defense
15%
Building &
Construction
8%
Packaging
31%
Consumer
28%
Healthcare
8%
Industrial
13%
Building &
Construction
5%
Telecommunications
3%
Energy
2% Defense
1%
Asia
(20% of sales)
Transportation
9%
2 0 2 2 P R O F O R M A AV I E N T R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
29%
Consumer
13%
Healthcare
5%
Industrial
17%
Building &
Construction
11%
Energy
5%
Defense
7%
EMEA
(35% of sales)
Transportation
10%
Packaging
14%
Consumer
23%
Healthcare
11%
Industrial
15%
Building &
Construction
12%
Energy
5%
Defense
7%
US &
Canada
(40% of sales)
Transportation
7%
Packaging
49%
Consumer
22%
Healthcare
8%
Industrial
9%
Building &
Construction
6%
Telecommunications
1%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
3%
Telecommunications
6%
Figures represent 2022 full year estimates
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.