https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
Globalization allows us to service our
customers with consistency wherever their operations might be around the world.
Commercial excellence
enables us to deliver value to customers by supporting their growth and profitability with superior customer service.
Under this standard, a company recognizes revenue when it transfers promised goods or services to
customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for
those goods or services.
https://www.avient.com/products/long-fiber-technology/long-fiber-technologies/compl-t-rec-formulations
Customized Performance to Meet Demanding Environmental and Physical Requirements
Product/Service Overview
Product/Service Overview
https://www.avient.com/sites/default/files/resources/Lockport_IATF%252016949%25202016_EXP%25205-2021.pdf
For and on behalf of BSI:
Chief Operating Officer Assurance - Americas
Certification Date: 2018-05-10 Latest Issue: 2018-05-10 Expiry Date: 2021-05-09
BSI Certificate Number: 691920
IATF Number: 0303891
Page: 1 of 2
This certificate remains the property of BSI and shall be returned immediately upon request.
IATF Contracted Office: BSI Assurance UK Limited, registered in England under number 7805321 at 389 Chiswick High Road, London W4 4AL, UK.
Including the following support activities:
PolyOne Design Center (Solution Center)
33567 Walker Road
Avon Lake
Ohio
44012
Audited by ABS QE
Customer service, Marketing, Human resources, Logistics,
Supplier management, Continuous improvement, Info.
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
We also offer a wide range of services including
materials testing, component analysis, custom formulation development, colorant and additive
services, part design assistance, structural analysis, process simulations, mold design and flow
analysis and extruder screw design.
Globalization allows us to service our customers with consistency wherever their operations might be
around the world.
Concentration of credit risk for trade accounts receivable is limited due to the
large number of customers constituting our customer base and their distribution among many
34 POLYONE CORPORATION
industries and geographic locations.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Longbow%2520Basic%2520Materials%2520Conference%2520-%2520March%25202016.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
POL IR Presentation - February 2016 2.26.2016
��PolyOne Investor Presentation�March 2016��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
25 Consecutive Quarters of EPS Growth
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Color and Engineered Materials at the�Heart of Specialty Transformation
Proof of Performance & 2020 Goals
Slide Number 10
Slide Number 11
Slide Number 12
Slide Number 13
Innovation Drives Earnings Growth
Investing to Drive Growth
Design and Service as a Differentiator
Customer First Through World-Class Service
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
Why Invest In PolyOne?
Appendix
Recent Acquisitions
2015 Full Year Financial Highlights
At a Glance�Color, Additives and Inks
At a Glance�Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Application Examples
Outdoor Applications
Slide Number 32
Authentication Technology
Metal Replacement Solutions
Range Rover Evoque Interior
Slide Number 36
High-Barrier Packaging Containers
Aerospace Applications
Investor Presentation - March 1, 2016 r36
Investor Presentation - March 1, 2016
https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
Globalization allows us to service our customers with consistency
wherever their operations might be around the world.
Commercial Excellence enables us to deliver value to
customers by supporting their growth and profitability with superior customer service.
Our guiding principle of sustainability is to enable our customers’ innovation and sustainability goals through
products and services.
https://www.avient.com/sites/default/files/2020-12/custom-tpe-brooks-running-shoe.pdf
BROOKS
R U N N I N G S H O E
• Exceed current material performance
• Optimal cushioning
• Fast reaction time
• Both energy absorption and return
• Provided a 30-50% improvement in
cushioning over traditional material
• Simplified manufacturing from four-steps to
a single injection molding process, yielding
a 30-40% reduction in energy usage
• Increased sales by up to 40% compared
with the previous model
Customized TPE Material
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
Additionally, Adjusted EPS excludes the impact of special items and amortization
expense associated with intangible assets.
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials 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
$3.14B
Revenue
$2.36
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted 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%
Specialty
Engineered
Materials
Color
Additives
and Inks
23%
10% 5% 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.
Free Cash Flow Calculation December 31, 2023
Cash provided by operating activities $ 201.6
Taxes paid on gain on sale of business 104.1
Adjusted cash provided by operating activities $ 305.7
Capital expenditures $ (119.4)
Free cash flow $ 186.3
Three Months Ended
Year Ended
2023 2022 2023 2022
Sales:
Color, Additives and Inks $ 459.4 $ 490.8 $ 2,007.4 $ 2,355.0
Specialty Engineered Materials 259.8 300.8 1,138.2 1,044.4
Corporate (0.2) (1.2) (2.8) (2.5)
Sales $ 719.0 $ 790.4 $ 3,142.8 $ 3,396.9
Operating income:
Color, Additives and Inks $ 61.8 $ 44.3 $ 259.9 $ 301.0
Specialty Engineered Materials 29.4 35.2 142.5 140.1
Corporate (48.1) (79.1) (205.6) (197.8)
Operating income $ 43.1 $ 0.4 $ 196.8 $ 243.3
Other expense, net: $ 4.3 $ (28.4) $ 5.8 $ (59.7)
Depreciation & amortization:
Color, Additives and Inks $ 22.2 $ 25.2 $ 98.3 $ 101.3
Specialty Engineered Materials 19.8 20.3 81.5 48.7
Corporate 2.2 3.1 9.0 12.5
Depreciation & amortization $ 44.2 $ 48.6 $ 188.8 $ 162.5
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 84.0 $ 69.5 $ 358.2 $ 402.3
Specialty Engineered Materials 49.2 55.5 224.0 188.8
Corporate (45.9) (76.0) (196.6) (185.3)
Other expense, net $ 4.3 $ (28.4) $ 5.8 $ (59.7)
EBITDA $ 91.6 $ 20.6 $ 391.4 $ 346.1
Special items in EBITDA 22.3 86.8 110.4 162.5
EBITDA - excluding special items $ 113.9 $ 107.4 $ 501.8 $ 508.6
APM pro forma adjustments - 8 months 2022* — — — 83.1
Pro forma EBITDA $ 113.9 $ 107.4 $ 501.8 $ 591.7
* Pro forma adjustment for January - August 2022 APM results (period before Avient ownership).
3
AVNT February IR Presentation_w_Non-GAAP Recs.pdf
AVNT February IR Presentation.pdf
Avient corporation�investor presentation
DISCLAIMER
Slide Number 3
Creating a world-class�sustainable organization
Top-tier sustainability performance�and recognition
Slide Number 6
Slide Number 7
Portfolio transformation
Slide Number 9
END MARKET observations�(% of company sales)
Regional observations�(% of company sales)
Slide Number 12
Slide Number 13
Slide Number 14
Slide Number 15
Slide Number 16
Slide Number 17
Slide Number 18
Slide Number 19
Slide Number 20
Slide Number 21
Slide Number 22
2023 segment, end market and Geography
Color, Additives & Inks
Specialty Engineered Materials
Slide Number 26
AVNT Q4 2023 Earnings Presentation.pdf
AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf
IR Deck - AVNT-2023.12.31 (2.12.24 9PM Milestone February 12 0905 pm).pdf
Attachment
3.26.24 - Public Lender Presentation Non-GAAP Attachments (005).pdf
https://www.avient.com/news/colornow-digital-service-avient-offers-immediate-color-matching-and-streamlined-color-design-process
Avient’s customer-focused ColorNow™ digital service uses a mobile app at its core with structural enhancements around it, such as a portable light booth for color matching based on a physical target.
These improved services can help customers achieve significant time savings from color matching and selection to sampling, approval, ordering, and delivery.
Avient Corporation provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Basic%2520Materials%2520Conference%2520-%2520May%25202016.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
POL IR Presentation (Goldman Sachs Basic Materials Conference - 2016)
��PolyOne Investor Presentation�Goldman Sachs Basic Materials Conference�May 2016��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
Confirmation of Our Strategy
26 Consecutive Quarters of EPS Growth
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Color and Engineered Materials at the�Heart of Specialty Transformation
Proof of Performance & 2020 Goals
Slide Number 11
Slide Number 12
Slide Number 13
Slide Number 14
Innovation Drives Earnings Growth
Ours is Not a Cost Cutting Story
Design and Service as a Differentiator
Customer First Through World-Class Service
Debt Maturities & Pension Funding
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
Why Invest In PolyOne?
Appendix
1Q 2016 Financial Highlights
At a Glance�Color, Additives and Inks
At a Glance�Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Application Examples
Outdoor Applications
Slide Number 32
Authentication Technology
Metal Replacement Solutions
Range Rover Evoque Interior
Slide Number 36
High-Barrier Packaging Containers
Aerospace Applications
Investor Presentation - May 17, 2016 r7
Investor Presentation - May 17, 2016