https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Deliver cumulative annual revenue
growth from sustainable solutions
portfolio of 8-12%
Assess top 90% of supplier spend for alignment
with Avient Sustainability objectives.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
Median: 81% Median: 78%
H I G H F R E E C A S H F L OW
C O N V E R S I O N
Avient reflects 2021 estimated EBITDA of $580M and excludes one-time synergy capture CAPEX ($20M)
Source: Peer data per Bloomberg market data as of July 28, 2021
87
90
86
82
80 78
73
87
82 82
79 79 78 78 77 76
71
67
46
A
vi
e
n
t
K
W
R
P
P
G
A
V
Y
F
U
L
R
P
M
G
C
P
F
M
C
U
N
V
R
C
E
IF
F
A
S
H
E
C
L
B
N
R
E
M
N
H
X
L
H
U
N
K
R
A
S
C
L
A
L
B
(6)
Source: Peer data per Bloomberg market data as of July 28, 2021
Total Enterprise Value / 2021E EBITDA
Our current valuation with updated
guidance implies an EBITDA multiple
that is below specialty formulator
peers and the median of other
selected chemical / specialty
companies.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
This organization is a CEO-led, cross-sector, not-for-
profit made up of approximately 90 companies.
The Named
Executive Officers are permitted to elect to defer up to 90% of their salary and annual bonus between the
Qualified Savings Plan and the Supplemental Plan.
Sixty days prior to the first anniversary of this date will be January 29, 2024, and 90 days prior to the first
anniversary of this date will be December 30, 2023.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
This organization is a CEO-led, cross-sector, not-for-profit
made up of approximately 90 companies.
Garratt
2/08/2021 — — — — — 5,417 225,185
2/14/2022 — — — — — 4,794 199,287
2/17/2023 — — — — — 5,701 236,991
2/04/2015 9,200 — — 38.27 2/04/2025 — —
2/15/2017 13,250 — — 34.10 2/15/2027 — —
2/14/2018 11,050 — — 41.89 2/14/2028 — —
2/11/2019 18,200 — — 31.54 2/11/2029 — —
2/10/2020 19,650 — — 31.48 2/10/2030 — —
2/08/2021 13,433 6,717 — 42.27 2/08/2031 — —
2/14/2022 — — 16,000 52.64 2/14/2032 — —
2/17/2023 — — 18,800 42.93 2/17/2033 — —
J.R.
The Named Executive Officers are permitted to elect to defer up to 90% of their salary and annual bonus
between the Qualified Savings Plan and the Supplemental Plan.
https://www.avient.com/investor-center/news/avient-announces-record-first-quarter-2021-results-increases-full-year-guidance
This represents sales and adjusted EPS growth of 26% and 90%, respectively, over the prior year second quarter."
https://www.avient.com/industries/consumer/consumer-staples/everyday-essentials/infant-child-products
Custom Versalloy™ HC 9220-90 formulation provides regulatory compliance for drug transfer device
https://www.avient.com/knowledge-base/article/carbon-footprint-management-strategy-cn
美国环境保护署(EPA)指出,在过去的50年里,碳排放量增加了90%。
https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2022-results
$90 million
https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2024-results
We grew organic sales in each of the regions with both our Color, Additives and Inks and Specialty Engineered Materials segments growing at 3% and 6%, respectively, while expanding adjusted EBITDA margins 90 and 110 basis points, respectively, over 2023."
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
We
focused on controlling costs and reducing working capital, generating an additional $90 million of
free cash flow above our previous projections.
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
2023E(%)
36
79
87
83 81
76
73
90
79 77 76
73
69
60
22
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
M
C
C
E
H
X
L
A
S
H
E
C
L
H
U
N
E
M
N
S
C
L
M U LT I P L E E X PA N S I O N
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
Source: Peer data per Bloomberg as of April 28, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.51.