https://www.avient.com/news/avient-expands-high-performance-materials-portfolio-edgetek-toughened-ppa
These heat-stabilized formulations maintain tensile strength and tensile elongation properties when tested for long-term thermal aging up to 120°C.
https://www.avient.com/news/polyone-shareholders-approve-all-proposals-2015-annual-meeting
Director Gordon Harnett was not up for re-election, having reached the company’s required retirement age.
https://www.avient.com/news/polyone-reveals-palettes-reflection-color-inspiration-2021
Restore: Regardless of age or gender, we strive for new ways to feel, look and live fuller, more enjoyable lives.
https://www.avient.com/news/polyone-unveils-invisiosm-color-inspiration-2017
Pioneers, explorers and nomads of all ages are aching to experience life with a lighter load and find the shared humanity that unites cultures across the globe.
https://www.avient.com/sites/default/files/2025-05/Smartbatch Shampoo _ Conditioner OEM Case Study Snapshot.pdf
C O N S U ME R PAC K AG E D
G O O D S C O M PA NY
S H A M P O O & C O N D I T I O N E R
B O T T L E S A N D C A P S
• Achieve a precise color match while ensuring a high
amount of post-consumer recycled content (PCR) in the
inner layer of the bottle
• Reduce development time for quicker approvals and lower
costs, and to enable rapid speed to market
• Used proprietary Color Prediction Tool to
digitally illustrate color possibilities while
developing a customized PCR solution
• Leveraged Avient’s ColorWorks Design &
Technology Center to adjust colors
according to the customer’s specifications
and accelerate commercialization
Smartbatch Combination Colorants &
Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-05/Cesa Stat Pet Food Packaging Case Study Snapshot.pdf
F L E X IB L E PA C K AG I N G
C O M PA N Y
P E T F O O D P A C K A G I N G
• Incorporate an antistatic additive into pet food packaging
to dissipate static in hot and dry environments
• Improve efficiency within a robotic packaging process
• Support extended packaging shelf life
• Leveraged technical expertise in packaging
additives to identify a suitable formulation
for static dissipation in harsh environments
• Provided a customized and effective
antistatic additive solution that
complemented the automated packaging
process while providing added durability and
protection to extend shelf life
Cesa Stat Antistatic Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-therma-tech-automotive-plate-heat-exchanger-1.pdf
© 2019, All Right Reserved
PolyOne Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
AUTOMOTIVE PARTS
MANUFACTURER
P L A T E H E A T E X C H A N G E R
• High thermal conductivity
• Very good flow rate for thin walls
• Chemical resistance to glycol
• Good aging for both chemical & temperature resistance
• Improved thermal performance by eliminating the
effects of corrosion
• Reduced overall part weight
• Provided greater design freedom meaning a more
complex part could be designed and molded
• Enabled several heat exchangers to be consolidated
into one, saving space in the vehicle and increasing
efficiency
Therma-Tech™ Thermally Conductive Formulation
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2025-02/Maxxam_ Polyolefin Formulations- Coaxial Signal Cable Jacket - case study snapshot.pdf
AUTO DATA CABLE
MANUFACTURER
C O A X I A L S I G N A L C A B L E
J A C K E T
• Provide good chemical resistance like that of machine oil
• Pass 3,000 hours aging test of finish goods
• Have low dielectric property - characteristic impedance of
transmission line: 100Ω, capacitance in water: around
102.8pf/m
• Provided excellent performance with low
dielectric constant to make the jacket layer
of signal cables have low capacitance loss
• Offered a solution by combining physical
and chemical foaming products in the
foaming layer to reduce the dielectric
constant further
• Maintained exceptional mechanical
properties under high temperatures
Maxxam Polyolefin Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.2
T RAN S FO R MAT IO NAL
OVE RV IE W
Avient Protective
Materials
Dyneema
®
RECENT TRANSACTIONS
Acquired Divested
$1.45 B $0.95 B
4
Distribution
UPDATED CAPITAL STRUCTURE
& LIQUIDITY
• Proceeds from completed
sale of Distribution used to
pay near-term maturing debt
to strengthen balance sheet
• Fixed/floating debt ratio of
~55/45
• Proven track record of
deleveraging following major
acquisitions through strong
free cash flow generation
• 2022 pro forma net
debt/adjusted EBITDA
expected to be 3.1x
$725 $725
$575 $500
$600
$525
$650
$650
$600
Capital Structure
Cash
$544
Undrawn
Revolver
$250
Liquidity
$3.15B
$2.40B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
2023 Notes
After Dyneema
Acquisition
After Distribution
Divestiture
$794M
(1) $250M reflects estimated undrawn revolver following the divestiture of Distribution
5
PREVIOUS TRANSACTIONS
Performance
Solutions
Products &
$0.8 B
COLOR
$1.4 B
Acquired (2020)Divested (2019)
6
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $75 million of realized synergies anticipated in 2022
• Acquisition completed on July 1, 2020 for $1.45 billion.
Three Months Ended
September 30, 2022
Three Months Ended
September 30, 2021
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net (loss) income from continuing operations attributable to Avient
shareholders $ (27.4) $ (0.30) $ 33.7 $ 0.37
Special items, after tax (Attachment 3) 68.3 0.75 11.7 0.13
Amortization expense, after-tax 13.4 0.14 $ 11.0 $ 0.11
Adjusted net income / EPS $ 54.3 $ 0.59 $ 56.4 $ 0.61
2009* 2012* 2015 2018
Net income from continuing operations attributable to Avient common shareholders $ 106.7 $ 53.3 $ 144.6 $ 161.1
Joint venture equity earnings, after tax (19.0) — — —
Special items, before tax (48.7) 55.1 87.6 59.5
Special items, tax adjustments (27.2) (18.9) (58.7) (25.3)
Amortization expense, after tax 1.8 8.3 10.4 19.5
Adjusted net income from continuing operations attributable to Avient common shareholders $ 13.6 $ 97.8 $ 183.9 $ 214.8
Diluted shares 93.4 89.8 88.7 80.4
Adjusted EPS attributable to Avient common shareholders $ 0.15 $ 1.09 $ 2.08 $ 2.67
* Historical results have been updated to reflect subsequent changes to accounting principle and discontinued operations, excluding any changes as a result of
discontinued operations from the sale of the Designed Structures and Solutions segment (DSS) and the Performance Products and Solutions segment (PP&S).
1
Year Ended
December 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2006 2018
Sales $ 2,622.4 $ 3,533.4
Net income from continuing operations – GAAP $ 133.5 $ 160.8
Income tax expense 29.7 36.4
Interest expense 63.1 62.8
Depreciation and amortization 57.1 91.5
EBITDA $ 283.4 $ 351.5
Special items, before tax (34.0) 59.5
Depreciation and amortization included in special items — (3.0)
JV - equity income (107.0) —
Adjusted EBITDA $ 142.4 $ 408.0
EBITDA as a % of sales 5.4 % 11.5 %
Reconciliation of Color, Additives and Inks EBITDA
Operating Income 68.6 66.8
Depreciation and amortization 24.2 26.6
EBITDA 92.8 $ 93.4
Reconciliation of Specialty Engineered Materials EBITDA
SEM(1)
Pro
forma
APM(1)
Pro
forma
SEM SEM
Pro
forma
APM
Pro
forma
SEM
Operating Income 31.4 6.3 37.7 30.0 13.9 43.9
Depreciation and amortization 12.9 10.9 23.8 7.9 18.4 26.3
EBITDA $ 44.3 $ 17.2 $ 61.5 $ 37.9 $ 32.3 $ 70.2
Reconciliation of Specialty Engineered Pro Forma Sales
Sales 258.2 231.7
Pro forma APM(1) 60.7 94.1
Pro forma sales $ 318.9 $ 325.8
Reconciliation of Avient Pro Forma Sales
Sales 823.3 818.0
Pro forma APM(1) 60.7 94.1
Pro forma sales $ 884.0 $ 912.1
(1) - Q3 2022 SEM results reflect one month of APM’s results while owned by Avient, as the acquisition closed on September 1, 2022.
https://www.avient.com/resources/safety-data-sheets?page=4415
6570-DS-55 (75 Kgs Drum) DRY SILANE MB