https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
During his 28-year career with 3M, Dr.
BOARD AND COMMITTEES
Board Attendance
The Board met seven times during 2023, the calendar year being our fiscal year.
Patterson) and two years (for Messrs.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
2 0 2 1 P E R F O R M A N C E
$80
$85
2020 2021
$0.52
$0.58
2020 2021
Q4 2021 PERFORMANCE
( T O TA L C O M PA N Y )
4
Sales Adjusted Operating Income
$997
$1,202
2020 2021
+ 21%
Adjusted EPS
+ 6% + 12%
(in millions) (in millions)
$308
$429
2020PF 2021
$1.93
$3.05
2020PF 2021
FULL YEAR 2021 PERFORMANCE
( T O TA L C O M PA N Y )
5
Sales Adjusted Operating Income
$3,783
$4,819
2020PF 2021
+ 27%
Adjusted EPS
+ 39% + 58%
(in millions) (in millions)
(1) Financial information is pro forma to include a full year of Clariant Color business
(1) (1) (1)
FULL YEAR 2021 SEGMENT PERFORMANCE
6
CAI
$2,043
$2,402
Sales
($ in millions)
SEM Distribution
$226
$303
Operating Income
+ 18% + 34%
$1,110
$1,631
Sales
$70
$93
Operating Income
+ 47% + 33%
(1)
$709
$919
Sales
$94
$132
Operating Income
+ 30% + 40%
(1) Financial information is pro forma to include a full year of Clariant Color business
(1)
Full Year 2020 (Pro forma) $3,783 $308
Sustainable Solutions 147 19% 60
Healthcare 143 28% 30
Composites 58 43% 29
Growth in Asia / LATAM 107 21% 26
Other 543 30% 58
Sub-total $4,781 26% $511
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (22) (12)
Synergies 44
FX, Incentives, Other Employee Costs 60 (60)
Full Year 2021 $4,819 27% $429
FULL YEAR 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
7
Sales Growth Rate
Adjusted
Operating
Income$ millions
(1) Financial information is pro forma to include a full year of Clariant Color business
(1)
Adjusted
EBITDA
8
Full Year 2020 (Pro forma) $ 457
Demand 135
$ millions
CAI:
Price / Mix 158
Inflation (120)
SEM:
Price / Mix 84
Inflation (65)
Distribution:
Price / Mix 318
Inflation (304)
Net Price Benefit 71
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (12)
Synergies 44
Incentives, FX, Other Employee Costs (60)
Full Year 2021 $ 581
(1) Financial information is pro forma to include a full year of Clariant Color business
(1)
• Demand impact driven by growth
in key focus areas: sustainable
solutions, healthcare, composites
and growth in Asia / LATAM
• Price increases more than offset
raw material and supply chain
impacts
FULL YEAR 2021 EBITDA BRIDGE
SPECIALTY EBITDA MARGIN EXPANSION
9
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Color business
15.3% 15.2%
16.2%
17.0%
2018 2019 2020 2021
14.8%
15.2%
17.6% 17.8%
2018 2019 2020 2021
(1)
SEM
• Record margins in 2021 despite
unprecedented supply chain challenges
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor
high performance applications drove
growth and mix improvements
• 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
• $54 million of synergies realized in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
Over the last 10 years, our
multiple has expanded as we have
progressed in our portfolio
transformation.
We expect
this expansion to continue as we
execute our strategy, increase
margins and consistently grow
earnings in excess of the market.
28
Avient reflects 2022 estimated EBITDA of $635M
Past Avient valuations reflect forward 12 months EBITDA at December 31 of the respective years.
https://www.avient.com/sites/default/files/2025-02/Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
All Rights Reserved
2025 16
Full-year 2024 organic revenue growth - by region
▲5% ▲1% ▲5% ▲15%
Year-over-year revenue growth, excludes the impact of foreign exchange
US & Canada Europe, Middle
East & Africa
Asia Latin America
Copyright © .
All Rights Reserved
2025 19
Avient full year 2024 performance vs. full year 2023
Sales
3,143
3,240
FY 2023 FY 2024
EXCL.
EPS - Full year 2025
$2.70 to $2.94
Q1 2025
$0.76
adj.
https://www.avient.com/sites/default/files/2023-11/ISO14001 Global Cert_Avient.pdf
Ezcabarte calle H Nº3
Oricain, Navarra 31194
Spain
Facility: Avient Corporation - Phan Thong
700/848 Moo 1,Tambol Phan Thong
Amata City Chonburi Industrial Estate
Phan Thong, Chonburi 20160
Thailand
Activity: Manufacture of Masterbatches, Additives, ECCOH, and
Compounds for Pigmenting Thermoplastic
Activity: Design and Manufacture of Colorants and Additives for Plastics
Facility: Avient Corporation - Pogliano, Italy
Via Lainate 26
20005, Pogliano Milanese, Milano
Italy
Facility: Avient Corporation - Randburg, South Africa
329 Tungsten Rd, Strydompark
Randburg, Gauteng 2194
South Africa
Activity: Manufacture of Colour and Additive Concentrates, Thermoplastic
Resins and Specialty Compounds
Activity: Manufacture of Masterbatches
Facility: NEU Specialty Engineered Materials, LLC
15 Corporate Drive
North Haven, CT 06473
U.S.A.
https://www.avient.com/sites/default/files/2023-11/Responsible Care_14001 Global Cert_Avient.pdf
Ezcabarte calle H Nº3
Oricain, Navarra 31194
Spain
Facility: Avient Corporation - Phan Thong
700/848 Moo 1,Tambol Phan Thong
Amata City Chonburi Industrial Estate
Phan Thong, Chonburi 20160
Thailand
Activity: Manufacture of Masterbatches, Additives, ECCOH, and
Compounds for Pigmenting Thermoplastic
Activity: Design and Manufacture of Colorants and Additives for Plastics
Facility: Avient Corporation - Pogliano, Italy
Via Lainate 26
20005, Pogliano Milanese, Milano
Italy
Facility: Avient Corporation - Randburg, South Africa
329 Tungsten Rd, Strydompark
Randburg, Gauteng 2194
South Africa
Activity: Design and Manufacture of Colour and Additive Concentrates,
Thermoplastic Resins and Specialty Compounds
Activity: Manufacture of Masterbatches
Facility: NEU Specialty Engineered Materials, LLC
15 Corporate Drive
North Haven, CT 06473
U.S.A.
https://www.avient.com/sites/default/files/2024-05/ISO14001 Global Cert_Avient_2024.pdf
Ezcabarte calle H Nº3
Oricain, Navarra 31194
Spain
Facility: Avient Corporation - Phan Thong
700/848 Moo 1,Tambol Phan Thong
Amata City Chonburi Industrial Estate
Phan Thong, Chonburi 20160
Thailand
Activity: Manufacture of Masterbatches, Additives, ECCOH, and
Compounds for Pigmenting Thermoplastic
Activity: Design and Manufacture of Colorants and Additives for Plastics
Facility: Avient Corporation - Pogliano, Italy
Via Lainate 26
20005, Pogliano Milanese, Milano
Italy
Facility: Avient Corporation - Randburg, South Africa
329 Tungsten Rd, Strydompark
Randburg, Gauteng 2194
South Africa
Activity: Manufacture of Colour and Additive Concentrates, Thermoplastic
Resins and Specialty Compounds
Activity: Manufacture of Masterbatches
Facility: NEU Specialty Engineered Materials, LLC
15 Corporate Drive
North Haven, CT 06473
U.S.A.
https://www.avient.com/sites/default/files/2025-03/65536-Certificate-05MAR2024.pdf
Ezcabarte calle H Nº3 ,
31194 Oricain, Spain
Avient Corporation Design and Manufacture of Colorants and Additives for Plastics 700/848 Moo 1,Tambol Phan Thong,
Amata City Chonburi Industrial
Estate Phan Thong Chonburi 20160,
Thailand
Avient Corporation Design and Manufacture of Colour and Additive Concentrates,
Thermoplastic Resins and Specialty Compounds
Via Lainate 26, 20005 Pogliano
Milanese, Italy
Avient Corporation Manufacture of Masterbatches 329 Tungsten Rd, Strydompark ,
2194 Randburg, South Africa
Avient Corporation
PolyOne Polymers India Private
Limited
Design & Manufacture of Color, Additive Concentrate & Specialty
Compounds
Survey No.344/1-2-3, Rania Works,
Sakarda Bhadarwa Road Rania
Gujarat 391780 India
Avient Corporation Design and Manufacture of Color and Additive Concentrates, Thermoplastic
Resins and Specialty Compounds
2nd Industrial City, Al-Kharj Road ,
11432 Riyadh, Saudi Arabia
Avient Corporation Design and Manufacture of Colour and Additive Concentrates,
Thermoplastic Resins and Specialty Compounds
Crta.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Last year, we published our first ever Sustainability Report.
Last year, we made our CDP
report public for the first time.
Last year we completed the pre-
registration for Korea REACH (K-REACH).
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
Last year, we published our first ever Sustainability Report.
Last year, we made our CDP
report public for the first time.
Last year we completed the pre-
registration for Korea REACH (K-REACH).
https://www.avient.com/sites/default/files/2021-08/2030-goals-2020-sustainability-report.pdf
Update:
• In 2020 we reduced our waste to landfill by 17%, reaching half of our 2030
target in our first year.
The Alliance will invest $1.5 billion over five years in
innovation, infrastructure, education and clean-up.
Update:
• The Alliance to End Plastic Waste is currently executing 27 projects globally
that are expected to divert at least 375kt of plastics waste per year.
2030 Sustainability Goals
Last year Avient was proud to announce our 2030 Sustainability Goals and
share our commitment to drive sustainability for all of our stakeholders.