https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_final2.pdf
You
should read and internalize our Code of Conduct now and refer to it for guidance when facing new, unclear, or
complex issues in your job.
Would you feel okay if your actions were reported
in the news?
New concepts and ideas will be identified for
purposes of evaluation and protection, as appropriate, to
support the long-term and short-term goals of the Company.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2030 SUSTAINABILITY TARGETS
20
2021 AVIENT INVESTOR DAY
21
• Investor Day to be held December 9, 2021 in New York, NY
• Company will provide updates on its key growth drivers
with a deep focus on sustainable solutions
Revenue Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites / 5G 10%
Growth in Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
• Senior leadership team to also present on Clariant MB
integration, M&A opportunities and capital allocation
priorities
PEER COMPARISONS
22
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
23
Capex / Revenue
2021E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
2 2 2 2 3 3 3 4 3
4 4 5 5 5 5 5 6
7
27
e
nt
e
nt
(
xc
l.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Clariant Masterbatch
performance will be included in this year’s report.
2021 Sustainalytics ESG Risk Ranking
Newsweek Most Responsible Companies
2016 2017 2018 2019 2020PF
VOC Reduction Reduced Energy Use Bio-derived Content
Eco-conscious Renewable Energy Applications Recyclability
Reduced Material Requirements Lightweighting
$275M
$325M
$355M
$410M
$560M
13 (1) Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
(2) 2020 is Pro forma to include full year of the Clariant Masterbatch business
(2)
Revenue from Sustainable Solutions 2016 – 2020
SUSTAINABILITY FOR A BETTER TOMORROW
14
• Revenue from sustainable solutions expected to grow 11% in
2021 as our innovation efforts and collaboration with customers
continues to accelerate
• Relentless focus on delivering our 2030 sustainability targets to
benefit the planet and people of the world while adding value to
our customers, communities, associates and shareholders
• Investments centered around innovation and global sustainability
megatrends
o Improving Recyclability – Technologies that allow for increased use
of post-consumer recycled (PCR) material
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
o Avient CycleWorks – New innovation center dedicated to advancing
recycling and the circular economy through collaboration with
customers and brand owners
Enable 100% of products manufactured for
packaging applications to be recyclable or
reusable.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
18
Capex / Revenue
2021E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
2 3 2 2 2 3 3 4 3 3 3 4 4 5 5 5 6
7 7 8
24
t
(E
xc
l.
https://www.avient.com/sites/default/files/2020-10/tpe-injection-molding-guide.pdf
With new innovative technologies, Avient continues to develop TPEs that bond to a
variety of substrates.
Startup problems occur during the launch of
a new tool or machine.
If the mold is used in a different machine, minor adjustments to
account for the new machine may be necessary.
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial GuidanceCompany Overview 2022 Pro Forma Revenue By:
9,700
Employees
104
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable material 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
$3.3B
Revenue
$2.40
$525M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$180M
Free Cash Flow
3.0x
Net Leverage
Over $1B in share
buybacks since 2011
Raised dividend for
12 consecutive years,
a 16% CAGR since
2011
Geography
Segment
Industry
U.S. &
Canada
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
40%
37%
18%
9% 4% 4%
Building &
Energy Telecom
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6.5% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
We create
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/TPE_Overmolding_Solutions_for_Engineering_Thermoplastics.pdf
The new material gives an improved rubber-like feel to finished overmolded
parts.
The new material can be colored and does not need to be pre dried before
processing.
https://www.avient.com/sites/default/files/2024-03/Luxury Closures Application Bulletin_Online.pdf
Get the look and touch of metal – With grades
suitable for metalization and electroplating you can
achieve the look and feel of metal
FOR CONVERTERS
Compete in premium markets – Gravi-Tech
material’s luxury aesthetics allow plastics converters
to reach new markets by competing against
aluminum, zinc, iron, or steel and other alloys.
https://www.avient.com/sites/default/files/2022-03/Fiber-Line Coating Selection Guide.pdf
Our experienced research & development and
engineering teams are constantly developing and testing new coating technology to diversify our product
offering and meet the specific needs of our customers.
https://www.avient.com/sites/default/files/2023-04/Advanced simulation captures part performance for fibre reinforced thermoplastics_Case_Study.pdf
If the simulation
fails, parameters can be modified – enter a new material,
modify the design, augment manufacturing, etc. – to yield
the desired results.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-strengthmembers.pdf
Our
products enable the search for new energy reserves
and extend the life of fiber optic telecommunication
cables.