https://www.avient.com/sitemap
PolyOne To Present at the Citi 2014 Basic Materials Conference
Avient and Virginia Tech Collaborate: Industrial Design Students Challenged in Automotive Aftermarket Part Competition
New Avient ColorWorks™ Design Center Opens Near Mexico City
https://www.avient.com/investor-center/news/avient-announces-second-quarter-2024-results
New York City
New York City
https://www.avient.com/investor-center/news/avient-announces-record-second-quarter-2021-results-increases-full-year-guidance
Investor Day to be held December 9th in New York City will highlight sustainable solutions portfolio and innovation to drive future growth
New York City
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
Letter To Our Sharehold
74424.indd main_1 3/16/20 12:25 PM
Annual Report | 2019 2
P E O P L E
PolyOne associates in
our Knowsley, UK facility
organized a beautification
clean up event at Ainsdale
Beach near Liverpool in
September 2019.
74424.indd main_2 3/16/20 12:25 PM
3 Annual Report | 2019epeporort | 2019
Our “safety first” culture has been built and refined over
years of discipline, awareness and a commitment to
reducing risk wherever we see it.
Bottom) Thanks to our team in Pune, India, 225 trees
beautified the landscape and improved sustainability
in the Ranjangaon Industrial Area near our facility.
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
That’s Avient.
21,000+
CUSTOMERS
>75%
ARE CUSTOMIZED SOLUTIONS
TO UNIQUE SPECIFICATIONS
of
sales
AVIENT’S VALUE CREATION LEVERS
7
Exposure to high growth end markets
Investment in commercial resources and innovation
Strong free cash flow generation / capital deployment
Clariant Masterbatch synergies
COVID recovery
Re-Rating: Current share price valuation
Avient is poised for near-term and long-term
shareholder value creation.
We will deliver for our stakeholders through multiple value creation levers—many of
which are unique to Avient:
o Demand for sustainable solutions, healthcare, and composites, together with Clariant
Masterbatch revenue synergies, that will drive 2021 revenue growth of 8% and long-term growth
in excess of GDP
o Clariant Masterbatch cost synergy capture will result in significant near-term benefit
In addition, we remain committed to increasing annual dividends in line with earnings growth and
opportunistically buying back shares, all while remaining modestly levered.
https://www.avient.com/resource-center?document_type=221&all=1
Explore these eco-conscious materials offering a negative, neutral or near-zero product carbon footprint (Chinese language version)
Explore these eco-conscious materials offering a negative, neutral or near-zero product carbon footprint.
https://www.avient.com/investor-center/news/avient-announces-third-quarter-2022-results
We completed the acquisition of APM and the sale of our Distribution business, and are using the net proceeds to pay down near-term maturing debt as previously announced."
These moves serve us well in the near term as we navigate current macroeconomic and geopolitical uncertainty and in the future as we are very well positioned to benefit from longer term demand trends for sustainable solutions."
https://www.avient.com/sites/default/files/2022-11/Smarter Materials High Performance Thermoplastics.pdf
Elevated heat resistance is required for a range of applications exposed to harsh
environmental conditions, such as parts used in petrochemical exploration or
components placed near automotive and aerospace engines.
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.
https://www.avient.com/sites/default/files/2025-02/Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
Moving up the value chain, and expanding
addressable market size by providing materials
solutions in select and prioritized areas
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2025 9
GROWING
AT
GROWING
AT
1 Core grows above macro
driven by share wins and
faster business development
in prioritized portfolios
(growth vectors)
CATALYZE THE CORE
2 Portfolios in high growth markets
grow faster than core – building
sizeable businesses of scale rapidly
BUILD NEW PLATFORMS OF SCALE
► Prioritizing
► differently
► Creating “space”
► focused front-end and
back-end structures
Copyright © .
2025 10
Organic revenue growth with margin expansion
LONG TERM FINANCIAL TARGETS
+100 to +200bps
above GDP
Organic revenue growth
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2025 11
Pathway to 20%+ adjusted EBITDA margins
Operating
leverage
• Organic volume growth and
SG&A efficiencies from prioritizing
resources across the company
2
Mix
improvement
• Increased sales in higher margin
growth platforms
3
Productivity • Manufacturing & sourcing efficiencies
• Footprint optimization
• Digital technologies
Avient margin expansion
Schematic illustration only
Productivity
+400bps
margin expansion 20%+
Strategic
objective
16.2%
2024
adjusted
+2%
+1%
Operating
leverage
+1%
Mix
improvement
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2025 12
Disciplined capital allocation
PRIORITIZATION AND PHILOSHOPY
Capex Expected annual spend between 3-5% of revenue to
support investment in organic growth
M&A De-emphasized in near term; complement organic growth strategy
with M&A over time, as needed
2 Dividends Increasing each year with underlying earnings growth
3 Debt pay down Target net debt to adjusted EBITDA less than 2.5x
4 Share repurchases Opportunistic buy backs
5
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2025 13
Avient is a compelling investment thesis
2024 Results
15Copyright © .