https://www.avient.com/sites/default/files/2021-12/avient-sarl-hungary-branch-register-extract-2021-12-07.pdf
Foreign name(s), foreign abbreviated name(s) of the company
4/2.
Data on the senior officer(s) and person(s) entitled to representation
13/1.
https://www.avient.com/sites/default/files/2021-07/neu-quality-commitment-2021.pdf
This document is property
Location(s) North Haven, CT
As a valued customer (“Customer”) of NEU Specialty Materials, LLC (“NEU”), NEU is communicating
this Quality Commitment to communicate the quality parameters, expectations and risk surrounding
quality matters for the products NEU supplies.
The SDS is supplied to the shipping
location from where the product is ordered.
5.3 Technical Data Sheets: A Technical Data Sheet will be made available on NEU
proprietary technologies upon request.
5.4 Sales Order Confirmation: A documented response confirming acceptance of a
Customer purchase order.
5.5 Regulatory Documents: A document referencing the then-current regulatory status of
the applicable product(s) at the time of shipment.
This document is property
8.2 Proprietary Technology
8.2.1 NEU will notify the Customer of its intent to substitute a chemical (limited to
CAS# change only) used in the manufacture of the compound(s), as well as
changes affecting the Product Specifications agreed to by NEU.
8.3 Customer Specified Formulations
8.3.1 NEU will notify Customer of a vendor-notified change to the specified material or
source.
https://www.avient.com/sites/default/files/2020-08/2020-composite-springs-product-selection-install-guide.pdf
TYPICAL PROPERTIES
Sample thickness 0.25 in/6.35mm
TEMPERATURE FLEXURAL STRENGTH ASTM
D790
FLEXURAL MODULUS ASTM
D790
°F °C ksi MPa msi GPa
-60 -51 173 1193 5.00 34.48
70 21 155 1069 5.11 35.23
160 71 138 952 5.04 34.75
250 121 110 758 4.70 32.41
300 149 78 538 4.22 29.10
-60 -51 176 1211 5.64 38.92
70 21 143 989 5.36 36.98
160 71 120 824 5.57 38.41
250 121 61 423 4.82 33.24
-60 -51 163 1125 4.19 28.88
70 21 120 824 3.85 26.51
160 71 86 595 3.83 26.44
250 121 40 274 3.19 22.00
s/
Ep
ox
y
H
ig
h
Te
m
p
Ep
ox
y/
s
s/
Vi
ny
l E
st
er
MECHANICAL PERFORMANCE
TESTING NOTES
Springs were fatigue tested at 4 hz in a cantilevered loading.
TEMPERATURE, MPa
Temperature (C)
S
tr
en
gt
h
(M
M
od
ul
us
(G
FLEXURAL MODULUS VS.
TEMPERATURE, GPa
Temperature (C)
FLEXURAL FATIGUE STRENGTH, MPa
Cycles to Failure (in thousands)
F
at
iq
ue
S
tr
en
gt
h
(M
INSTALLATION INSTRUCTIONS
Proper installation of composite springs from Avient is
essential to achieve optimal performance and maximum
service life.
https://www.avient.com/sites/default/files/2020-10/auto-injector-application-study.pdf
Autoinjector Pen - Avient Application Study.mm (1)
AUTO-INJECTOR
APPLICATION STUDY
M A T E R I A L T E C H N O L O G I E S +
S E R V I C E S F O R N E X T
G E N E R A T I O N D E S I G N S
Avient Corporation 1
Avient Corporation 2
Innovating Design
Medical innovations and plastics have gone
hand-in-hand to make healthcare safer, cleaner,
and more accessible for all.
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
Microsoft PowerPoint - AVNT Nov Investor Meetings Update
AVIENT CORPORATION
I N V E S TO R M E E T I N G S
(NYSE: AVNT)
N OV E M B E R 2 0 2 1
DISCLAIMER
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Post-consumer recycled content as percentage of total plastic packaging volume, by weight
ENABLING THE USE OF RECYCLED CONTENT
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2) DECONTAMINATION1) COLOR MANAGEMENT 3) MAINTAINING MECHANICAL
PROPERTIES
4) MONO-MATERIAL
CONSTRUCTION
5) CONSISTENT RECYCLED
MATERIAL QUALITY
15
G U I D I N G B R A N D S T O W H A T I S P O S S I B L E
CASE STUDY WITH BRAND OWNER
Recycled ResinVirgin Resin
16
SUSTAINABILITY FOR A BETTER TOMORROW
• Revenue from sustainable solutions expected
to grow 18% in 2021 as our innovation efforts
and collaboration with customers continues to
accelerate
• Investments centered around innovation and
global sustainability megatrends
o Enabling a circular economy –
Technologies that allow for increased use of
post-consumer recycled (PCR) material and
improve recyclability of plastics
o Light-weighting – Composites and CAI
applications to reduce weight and material
requirements, which minimize energy and
carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative
materials to replace lead, PVC, halogens,
BPA and other less eco-friendly options
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$340M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$930M
Q3 2020 $925 $74
Sustainable Solutions 35 19% 14
Healthcare 51 44% 10
Composites 13 39% 6
Growth in Asia / LATAM 14 11% 3
Other 177 39% 16
Sub-total $1,215 31% $123
Supply Chain Disruption Costs (19)
COVID Response Applications (5) (3)
FX Impact 10 2
Synergies 12
Incentives, Travel, Other Employee Costs (16)
Q3 2021 $1,220 32% $99
Q3 2021 SALES AND OPERATING INCOME
18
Sales Growth Rate
Operating
Income$ millions
19
Q3 2020 Q3 2021
(1) Financial information is presented on a constant currency basis
(44% of total revenue)
(56% of total revenue)
Q3 END MARKET SALES PERFORMANCE
+20%
+31%
+40%
+24%
+46%
+40%
+14%
+33%
Energy Telecom Building &
Transportation Industrial Healthcare Packaging Consumer
Q3 YEAR-OVER-YEAR EBITDA BRIDGE
20
• Demand driven by growth
in sustainable solutions,
healthcare and consumer
applications
• Price increases more than
offsets raw material and
supply chain impacts
• Synergy capture on pace
to achieve $50M in annual
savings in 2021
Q3 2020 $ 111
Demand 29
EBITDA$ millions
CAI:
Price / Mix 51
Inflation (37)
SEM:
Price / Mix 25
Inflation (22)
Distribution:
Price / Mix 108
Inflation (103)
Net Price Benefit 22
Supply Chain Disruption Costs (19)
COVID Response Applications (3)
Synergies 12
Incentives, FX, Other (16)
Q3 2021 $ 136
21
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Demand impact driven by
Q3 seasonality for the business
Q2 TO Q3 SEQUENTIAL EBITDA BRIDGE
Q2 2021 $ 159
CAI:
Price / Mix 17
Inflation (8)
SEM:
Price / Mix 6
Inflation (5)
Distribution:
Price / Mix 35
Inflation (35)
Net Price Benefit 10
Supply Chain Disruption Costs (4)
Demand / Seasonality (35)
Other 6
Q3 2021 $ 136
EBITDA$ millions
FU LL Y EA R 2021
O U T LO O K
$308
$430
$1.93
$3.00
FULL YEAR GROWTH PROJECTIONS
23
Sales Adjusted Operating Income
$3,783
$4,750
+ 26%
+ 40% + 55%
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)(1)(1)
$1.74
$1.93
$3.00
$442
$457
$580
FULL YEAR 2019 – 2021 GROWTH
24
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
+ 19%
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1) (1)
(1)(1)
+ 31% + 72%
(1) (1)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
40%
99%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
CREATING VALUE FOR SHAREHOLDERS
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
2019PF 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$B
n
$
p
r
sh
ar
Total Shareholder Return
~$4Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of 10.25.2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(2)
494%
SUSTAINABILITY REPORT
Continuous ESG Improvement
26
• Updated 2030 Sustainability Goals
• Further disclosure on key Environmental,
Social, and Governance impacts
• Joined U.N.
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.
33
Avient reflects 2021 estimated EBITDA of $580M
OUR VALUATION VERSUS PEERS
Avient Specialty
Other
11.4
20.2
16.7 16.5
14.7
12.0
10.8
40.7
29.9
26.2
13.2 12.4
11.0 10.9
9.1 9.0
7.5 6.5
en
t
SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2021-08/edgetek-phase-shift-antenna-case-study.pdf
ANTENNA
MANUFACTURER
P H A S E S H I F T A N T E N N A
• Achieved miniaturization through customized
high dielectric constant (Dk) materials
• Offered high Dk grades with superior
processing window and stability compared to
lower Dk ( < Dk6.0) grades
• Verified dimensional and electrical stability
would also meet needs of navigation system
substrate to streamline sourcing
Edgetek™ Formulations for 5G
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-02/never-summer-case-study-one-pager.pdf
NEVER SUMMER
S N O W B O A R D S
• Lightweight reinforcement that combines both structure
and flexibility
• Corrosion and moisture resistant
• Consistent, durable performance
• Provided structural integrity with strong yet
flexible composite materials
• Prevented rot and corrosion in a waterproof
core layer
• Added fatigue and stress resistance for
reliable performance and long product life
• Simplified manufacturing with consolidated
material, reducing VOCs and labor intensive
composite lay-up assembly
Gordon Composites™ thermoset laminates
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-12/Orthopedic Fixator Application Snapshot.pdf
EXTERNAL FIXATOR
DEVICE
S T A B I L I Z I N G R O D S
• Durable material that withstands everyday use
• Light weight for easy customer handling
• Precise stiffness to support load requirements and extend
product lifetime
• Maintained stiffness and straightness
necessary for halo applications
• Provided superior strength-to-weight ratio
vs. metal
• Appealed to aesthetics while maintaining
high performance needs
• Maximized user comfort via customized
Avient Design services
Glasforms™ Carbon Fiber Rods
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-01/LubriOne-Disposable Medical Tray-Application snapshot.pdf
MEDICAL DEVICE
MANUFACTURER
D I S P O S A B L E M E D I C A L T R A Y
• Excellent wear resistance that can sustain a minimum of
2,000 rotations
• Withstand freezing temperature as low as -20°C
• Can be sterilized by EtO
• Delivered excellent wear resistance
performance to fully meet customer’s request
• Provided dimensional stability required for
this medical application
• Reduced friction to lower the noise during
operation
LubriOne™ Internally Lubricated Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-10/gravi-tech-spirit-bottle-cap-disk.pdf
LUXURY CLOSURE
MANUFACTURER
S P I R I T B O T T L E C A P D I S K
• Specific gravity of 2.6 to match incumbent metal weight
• Polypropylene-based material suitable for physical vapor
deposition (PVD) surface treatment
• Provided an easy-to-process material with
an excellent surface finish for metallization
• Met custom weight target and used a
magnetic filler to support the magnetic
system in the PVD metallization process
• Enabled more design freedom by
eliminating metal working
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?