https://www.avient.com/sites/default/files/resources/Lahnstein_ISO50001.pdf
Avient Colorants Germany GmbH
Hohenrhein 1
56112 Lahnstein
Germany
Scope
Production of Color Concentrates and Compounds
Normative base
ISO 50001:2018 Energy Management System
Reg. no. 46089 Validity 17. 12. 2020 – 16. 12. 2023
Issue 12. 04. 2021
Swiss Made
Swiss Association for Quality
and Management Systems (SQS)
Bernstrasse 103, 3052 Zollikofen, Switzerland
sqs.ch
F.
https://www.avient.com/sites/default/files/2022-07/Lewiston 308872_en_13485_21%5B43%5D.pdf
Avient Colorants USA LLC
17 Foss Rd.
https://www.avient.com/sites/default/files/2025-03/ISO 13485 2025.pdf
Ltd.
30, Hsing Pang Road
33068 Taoyuan Taiwan
Avient Colorants Sweden AB
Järnyxegatan 7
Box 9053
200 39 Malmö
Sweden
Avient Colorants USA LLC
17 Foss Rd.
https://www.avient.com/sites/default/files/2024-11/Phil Clark Bio - 2024_0.pdf
He previously worked at 3M for 17 years,
leading R&D efforts in both corporate innovation and business segment roles, including an
international assignment based in South Korea.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Philip Clark.pdf
He previously worked at 3M for 17 years,
leading R&D efforts in both corporate innovation and business segment roles, including an
international assignment based in South Korea.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios Leslie Sequeira.pdf
Previously, he spent 17 years at
Toyota Material Handling, where he built and implemented a digital transformation strategy
to improve operations and the customer experience.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
$86
$123
$0.53
$0.89
Q1 2021 – ORGANIC PERFORMANCE
3
Sales Adjusted Operating Income
$991
$1,162
+ 17%
+ 43% + 68%
(1) (1) (1)
Q1 2021 SEGMENT PERFORMANCE
4
CAI
$536
$609
($ in millions)
SEM Distribution
$64
$89
+14%
+39%
$290
$363
$19
$24
+25%
+26%
$185
$217
$22
$34
+17%
+55%
SPECIALTY EBITDA MARGIN EXPANSION
5
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
15.3% 15.2%
16.2%
19.1%
2018 2019 2020 Q1 2021
14.8% 15.2%
17.6%
19.4%
2018 2019 2020 Q1 2021
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Masterbatch synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
CAI EBITDA MARGIN EXPANSION
6
Legacy CAI
18.9% 18.9%
21.0%
2019 2020 Q1 2021
Legacy
11.9%
13.8%
17.4%
2019 2020 Q1 2021
• Early synergy capture translating to
the bottom line
• Positive mix with growth in healthcare,
consumer and packaging end-markets
• World-class vitality index of 36%
represents sales from products
introduced in the last five years.
This
innovation drives performance and is
reflective of consistent, strategic
investments in our portfolio…and
people.
2020 Pro forma $991 $86
Sustainable Solutions 15 11% 6
Healthcare 28 22% 6
Composites 6 10% 3
Growth in Emerging Regions 44 30% 10
Other 53 10% 7
Sub-total $1,137 15% $118
FX Impact 25 - 2
Synergies - - 11
Incentives, Travel, Other Employee Costs - - (8)
2021 Actual $1,162 17% $123
Q1 2021 ORGANIC SALES AND OPERATING INCOME
7 (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Sales Growth Rate
Operating
Income$ millions
8
Wire & Cable Transportation Industrial Healthcare Packaging Consumer
Q1 2020PF Q1 2021
(2) Financial information is presented on a constant currency basis
(1,2)
(42% of total revenue)
(58% of total revenue)
Q1 END MARKET SALES PERFORMANCE
+17%
+14% +8%
+10%
+8% +22%
+5%
+24%
Q 2 AN D FU LL Y EA R
2021 O U TLO O K
$69
$112
$0.42
$0.80
ORGANIC GROWTH PROJECTIONS – Q2
10
Sales Adjusted Operating Income
$870
$1,100
+ 26%
+ 62% + 90%
(1) (1) (1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
FULL YEAR GUIDANCE INCREASED
11
Sales Adj.
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2030 SUSTAINABILITY TARGETS
15
PEER COMPARISONS
16
$442
$457
$560
$1.74
$1.93
$2.80
FULL YEAR 2019 – 2021 ORGANIC GROWTH
17
Sales Adjusted EBITDA
$3,981
$3,783
$4,300
+ 8%
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)(1)
+ 27% + 61%
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
INVESTMENT IN COMMERCIAL RESOURCES
D R I V E S I N N O VAT I V E P R O D U C T P O R T F O L I O AN D S AL E S G R O W T H
TARGET NET
LEVERAGE BY 2021
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$350MM
PAID OVER LAST 10 YEARS
RETURNING VALUE TO SHAREHOLDERS
12
Free Cash Flow Dividends Share Repurchases Deleveraging
Strong track record of cash generation put to work in M&A and return to shareholders while modestly levered
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
11 12 13 14 15 16 17 18 19 20
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9 0.9 1.0
11 12 13 14 15 16 17 18 19 20
2020PF* 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$B
n
$
p
r
sh
ar
*2020 estimate and Pro forma for acquisition of the Clariant Masterbatch business
Cash Generation
19
160
240
2011 2019 2020E
~$240MM
Another unique value creation lever at Avient is synergy capture with our recent
acquisition of Clariant Masterbatch.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
17
Median: 3% Median: 5%
Capex / Revenue
2021E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
83 86 85 84 80
56
89
83 82 82 78 76 76 75 71 70 68
63 61 58
14
t
Avient Specialty
Other
Free Cash Flow Conversion (1)
2021E (%)
Being asset light helps us to generate
strong free cash flow that is in line
with specialty formulators.
SEGMENT HIGHLIGHTS
37%
22%
14%
Building &
Electrical &
C O L O R , A D D I T I V E S & I N K S
2020 PF REVENUE | $2 .0 BILLION
$9
$310
2.0%
15.5%
2020 figures Pro forma estimates for acquisition of the Clariant Masterbatch business
32%
39%
Latin America
END MARKET REGION EBITDA DOLLAR & MARGIN
24
59%
18%
Wire & Cable(1)
25%
Electrical &
14%
Building &
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
2020E REVENUE | $685 MILLION
0.9%
16.8%
END MARKET REGION EBITDA DOLLAR & MARGIN
25
(1) Approximately 50% of Wire and Cable sales are associated with Fiber Optic Cabling
30%
24%Packaging
Electrical &
Building &
1%
79%
Latin
America
END MARKET REGION EBITDA DOLLAR & MARGIN
DI S TR IBU T I ON
2020E REVENUE | $1 .05 B ILL ION
$20
$65
2.9%
6.2%
K E Y S U P P L I ER S
26
AMERICAS EUROPE ASIA
26%
13%
16%
Building &
5%
Electrical &
35%
14%Healthcare
17%
Building &
Electrical &
32%
26%
12%
Building &
Electrical &
2020 figures Pro forma estimates for acquisition of the Clariant Masterbatch business
TOTA L C O M PA N Y R E G I O N A L S A L E S
BY END MARKET
(58% of sales) (25% of sales) (17% of sales)
27
https://www.avient.com/sites/default/files/2024-05/LeslieSequeira.pdf
Previously, he spent 17 years at
Toyota Material Handling, where he built and implemented a digital transformation strategy
to improve operations and the customer experience.
https://www.avient.com/sites/default/files/resources/Ramos_ISO_14001.pdf
Certificate No: 53068
Certification Date: 18 December 2015
Effective Date: 14 December 2018
Expiration Date: 17 December 2021
Issue Date: 14 December 2018 Alex Weisselberg, President
Validity of this certificate is based on the successful completion of the periodic surveillance audits of the management system defined by the above scope and is contingent upon
prompt,written notification to ABS Quality Evaluations, Inc. of significant changes to the management system or components thereof.