https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
Median: 5%Median: 3%
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.
Such is the case with the Clariant
Masterbatch acquisition, where
strong free cash flow will allow us to
de-lever quickly.
19
AVIENT IS MODESTLY LEVERED
1.
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
$320
2005 2020PF
2.0%
15.9%
2020 figures Pro forma estimates for acquisition of the Clariant Masterbatch business
32%
39%
Latin America
END MARKET REGION EBITDA DOLLAR & MARGIN
$5
$120
2005 2020E
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 | $700 MILLION
0.9%
17.1%
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
DISTRIBUTION
2020E REVENUE | $ 1 .1 BILLION
$20
$70
2005 2020E
2.9%
6.3%
KEY SUPPL IER 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/2022-11/Vehicle HVAC System Application Snapshot.pdf
TIER 1 SUPPLIER
V E H I C L E H V A C S Y S T E M
• Rapidly develop formulations for 7 types of thermoplastic
• Help Tier 1 meet VW requirements for anti-static solutions
• Able to quickly develop 7 SmartBatch (color
+ effect additive) solutions, for 7 types of
thermoplastic
• Avient formulated the TPE used in the air
vents for this HVAC system
SmartBatch™ Combination Colorants and
Additives, Cesa™ Stat Additives, and
OnFlex™ TPE
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
IMPROVE VIAQ
Copyright © 2022, Avient Corporation
LEARN MORE
https://www.avient.com/products/thermoplastic-elastomers/onflex-thermoplastic-elastomers
Tier 1 supplier
https://www.avient.com/sites/default/files/resources/PolyOne%25202018%2520Proxy%2520Statement.PDF
Garratt(1) 20,000 18,000 22,399
C.M.
Nikrant 20,000 N/A 71,972
(1) Mr.
1) Compensation for Messrs.
https://www.avient.com/sites/default/files/2022-07/Avient Announces Second Quarter 2022 Results_1.pdf
AVNT-2022.06.30-News Release
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Second Quarter 2022 Results
• Second quarter sales grew to $1.3 billion, a 5% increase over the prior year quarter, and
an all-time quarterly record
• GAAP EPS increased 24% to $0.92 compared to $0.74 in the prior year quarter
• Adjusted EPS increased 13% to $0.98 compared to $0.87 in the prior year quarter,
exceeding second quarter guidance of $0.92.
# #
Investor Relations Contact:
Giuseppe (Joe) Di Salvo
Vice President, Treasurer and Investor Relations
Avient Corporation
+1 440-930-1921
giuseppe.disalvo@avient.com
Media Contact:
Kyle G.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
6
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
June 30,
Six Months Ended
June 30,
2022 2021 2022 2021
Sales $ 1,302.4 $ 1,235.2 $ 2,596.2 $ 2,397.5
Operating Income 129.5 108.1 258.1 228.5
Net income attributable to Avient shareholders 84.7 68.8 168.9 148.1
Basic earnings per share attributable to Avient shareholders $ 0.93 $ 0.75 $ 1.85 $ 1.62
Diluted earnings per share attributable to Avient shareholders $ 0.92 $ 0.74 $ 1.83 $ 1.60
Senior management uses comparisons of adjusted net income attributable to Avient shareholders and diluted adjusted earnings
per share (EPS) attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability
of results.
https://www.avient.com/sites/default/files/2022-11/Avient Announces Third Quarter 2022 Results.pdf
To access Avient’s news library online, please visit www.avient.com/news
# # #
Investor Relations Contact:
Giuseppe (Joe) Di Salvo
Vice President, Treasurer and Investor Relations
Avient Corporation
+1 440-930-1921
giuseppe.disalvo@avient.com
Media Contact:
Kyle G.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
https://www.avient.com/news
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
September 30,
Nine Months Ended
September 30,
2022 2021 2022 2021
Sales $ 823.3 $ 818.0 $ 2,606.5 $ 2,508.5
Operating Income 40.6 52.8 242.9 229.6
Net (loss) income from continuing operations attributable to Avient
shareholders (27.4) 33.7 99.8 143.3
Basic (loss) earnings per share from continuing operations attributable to
Avient shareholders $ (0.30) $ 0.37 $ 1.09 $ 1.57
Diluted (loss) earnings per share from continuing operations attributable
to Avient shareholders $ (0.30) $ 0.37 $ 1.08 $ 1.56
Senior management uses comparisons of adjusted net income attributable to Avient shareholders and diluted adjusted earnings
per share (EPS) attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability
of results.
Three Months Ended September 30,
2022 2021
GAAP
Results
Special
Items
Adjusted
Results
GAAP
Results
Special
Items
Adjusted
Results
(Loss) income from continuing operations before income
taxes $ (29.0) $ 82.0 $ 53.0 $ 35.4 $ 19.9 $ 55.3
Income tax expense - GAAP 1.2 — 1.2 (2.0) — (2.0)
Income tax impact of special items (Attachment 3) — (20.5) (20.5) — (4.6) (4.6)
Tax adjustments (Attachment 3) — 6.8 6.8 — (3.6) (3.6)
Income tax (expense) benefit $ 1.2 $ (13.7) $ (12.5) $ (2.0) $ (8.2) $ (10.2)
Effective Tax Rate(1) 4.1 % 23.7 % 5.7 % 18.4 %
(1) Rates may not recalculate from figures presented herein due to rounding
14
Nine Months Ended September 30,
2022 2021
GAAP
Results
Special
Items
Adjusted
Results
GAAP
Results
Special
Items
Adjusted
Results
Income from continuing operations before income taxes $141.2 $ 89.6 $ 230.8 $176.1 $ 36.5 $ 212.6
Income tax expense - GAAP (41.5) — (41.5) (32.1) — (32.1)
Income tax impact of special items (Attachment 3) — (22.5) (22.5) — (8.9) (8.9)
Tax adjustments (Attachment 3) — 10.8 10.8 — (1.6) (1.6)
Income tax (expense) benefit $ (41.5) $ (11.7) $ (53.2) $ (32.1) $ (10.5) $ (42.6)
Effective Tax Rate(1) 29.4 % 23.1 % 18.2 % 20.0 %
(1) Rates may not recalculate from figures presented herein due to rounding
Three Months Ended
September 30,
Nine Months Ended
September 30,
Reconciliation to EBITDA and Adjusted EBITDA: 2022 2021 2022 2021
Net (loss) income from continuing operations – GAAP $ (27.8) $ 33.4 $ 99.7 $ 144.0
Income tax (benefit) expense (1.2) 2.0 41.5 32.1
Interest expense 37.3 19.0 70.4 57.8
Depreciation and amortization from continuing operations 39.8 36.6 113.7 107.1
EBITDA $ 48.1 $ 91.0 $ 325.3 $ 341.0
Special items, before tax 82.0 19.9 89.6 36.5
Interest expense included in special items (10.0) — (10.0) —
Depreciation and amortization included in special items (0.8) (0.9) (4.0) (0.1)
Adjusted EBITDA $ 119.3 $ 110.0 $ 400.9 $ 377.4
NEWS RELEASE
Attachment 1
https://www.avient.com/sites/default/files/2021-04/existencia-y-represnentacion-avient-colombia-sas.pdf
NIIF Plenas
UBICACIÓN
Dirección del domicilio principal: Aut Medellin Km 2.5 Via Parcelas
1 Km
Municipio: Cota (Cundinamarca)
Correo electrónico: andres.perez@clariant.com
Teléfono comercial 1: 8773300
Teléfono comercial 2: No reportó.
Dirección para notificación judicial: Aut Medellin Km 2.5 Via
Parcelas
1 Km
Municipio: Cota (Cundinamarca)
Correo electrónico de notificación: esperanza.laserna@avient.com
Teléfono para notificación 1: 8773300
Teléfono para notificación 2: No reportó.
OBJETO SOCIAL
Objeto Social: El objeto social de la sociedad será: 1.
https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
Color, Additives and Inks – strategic drivers
Digital
for operational excellence
Leadership, talent
1.
Specialty Engineered Materials – strategic drivers
Digital
for operational excellence
Leadership, talent
1.
Share gains and geographic penetration
Build new
10% PLUS CAGR
1.
https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
Green (1) 44,239 56,373 100,612
W.R.
Nicolas (1)(2) 44,279 56,326 100,605
K.J.
Name Number of Deferred Shares(1)
(#)
R.E.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
Jeddah, Saudi Arabia 1.
HAPs: 6.96 MT
Metrics—Planet Metrics Page 86
Energy Management
(1) Total energy consumed, (2) percentage grid electricity, (3)
percentage renewable, (4) total self-generated energy RT-CH-130a.1
1.
Workforce Health & Safety
(1) Total recordable incident rate (TRIR) and (2) fatality rate for (a) direct
employees and (b) contract employees RT-CH-320a.1
1.
https://www.avient.com/sites/default/files/2024-08/PCF One-pager.pdf
Contact us
Raw Materials
Transportation
Company
Facilities
SCOPE 3
Raw Material 1
Raw Material 2
Raw Material 3
Electricity Steam
SCOPE 2
SCOPE 1
PRODUCTS
AVIENT PCF CALCULATOR PROCESS
https://www.certipedia.com/quality_marks/0000084994?