https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Kristen Gajewski.pdf
Gajewski joined Avient in July 2013 from AkzoNobel/PPG and has since taken on multiple roles with increasing responsibility within the Human Resources function, including HR Director for Avient’s Color, Additives & Inks business segment, and an international assignment with responsibility for the EMEA and India regions.
https://www.avient.com/sites/default/files/resources/Gabelli%2520Conf%2520-%2520POL%2520IR%2520Presentation%2520wNon%2520GAAP%2520Reconciliation%252003%252026%252015.pdf
In addition, operating income before special items and adjusted EPS are components of various PolyOne annual and long-term employee incentive plans Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014Y Global Color, Additives and Inks $ 4.3 $ 28.1 $ 37.7 $ 104.0 $ 124.9 Global Specialty Engineered Materials 0.4 17.6 49.7 57.2 72.4 Designed Structures and Solutions - - - 33.4 45.1 Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 242.4 Performance Products and Solutions 75.7 31.3 54.0 56.0 63.1 Distribution 19.5 28.1 42.0 63.3 68.2 Joint ventures 91.9 28.6 18.9 - - Corporate and eliminations (51.5) (425.1) (27.7) (82.4) (218.6) Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 155.1 Less: Corporate operating expense 51.5 425.1 27.7 82.4 218.6 Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 373.7 Specialty platform operating mix percentage 2% 34% 43% 62% 65% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment. Appendix 2014 Financial Highlights At a Glance�Global Color, Additives and Inks At a Glance�Global Specialty Engineered Materials At a Glance�Designed Structures and Solutions At a Glance�Performance Products and Solutions At a Glance�Distribution Plastics: Key to Future Sustainable Development Commitment to Operational Excellence A Rich Pipeline of Opportunity Application Examples Slide Number 28 Authentication Technology Range Rover Evoque Interior Slide Number 31 Metal Replacement Solutions Next Generation Solar Charger High-Barrier Packaging Containers Aerospace Applications Non-GAAP Reconciliation Sidoti & Company non-GAAP Rec
https://www.avient.com/sites/default/files/2025-04/Corporate Governance Guidelines. March 2025 - Final and Approved version.pdf
In addition, the Board shall determine that a director is not independent if the director: A. Service on Other Boards A director who is an executive officer of the Company may, with the permission of the Board, serve on only one additional public company board. Other directors may, with the permission of the Board, serve on an additional three public company boards.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Globalization.pdf
Patterson Page 46 United States 67% Europe 17% Canada 11% Asia 5% United States 60% Europe 19% Canada 9% Asia 7% Latin America 5% Customer-Driven Globalization 2006 2011* *Pro forma for the acquisition of ColorMatrix • Differentiated by our consistent service and quality offerings globally • Invested in global account management organization to serve over 100 multinational key accounts Page 47 • Leverage technology development and best practices to better serve global customers • Drive global marketing strategies for growth with target customers & markets Formation of Global Segments in 2010 • Accelerate decision making and assure consistent execution of four pillar strategy for growth with target customers & markets Page 48 Recent Investment Activity • 67% of recent commercial additions are outside the U.S �Focus areas of expansion in Eastern Europe, Russia, Asia, and South Africa �Megatrend toward lighter-weight packaging supports accelerated growth in barrier supports accelerated growth in barrier additive technologies • Gained foothold in Brazil through Specialty platform with acquisitions Page 50 Critical Imperatives • Focus on global key accounts, and continue investment in commercial resources supporting multinational accounts • Strengthen our presence in emerging markets• Strengthen our presence in emerging markets • Accelerate growth in Asia • Pursue appropriate acquisition opportunities Page 51 Page 52
https://www.avient.com/sites/default/files/resources/Terms_and_Conditions_of_Sale_for_Finland_%2528English_Language_Version%2529.pdf
In the event Buyer is in default of any payments whatsoever due to Seller by more than fifteen (15) days, Seller shall be entitled to: (i) hold the shipment of any products ordered by Buyer until Buyer makes such payments; and (ii) require from Buyer immediate payment of any additional products ordered by Buyer prior to their shipment. 6. In addition, at any time prior to delivery, Seller may pass through increased fuel surcharges or taxes imposed upon Seller in connection with the sale/shipment of the Product after order acceptance. No modification or addition to these Terms and Conditions shall occur by the acknowledgment, release or other form submitted by Buyer containing additional or different terms or conditions, and Seller hereby gives Buyer notice of the rejection of such additional terms and conditions.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
In addition, Mr. Wulfsoff hn is a valuable addition to our Board. Van Hulle, Senior Vice President, President of Global Color, Additives and Inks Craig M.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
D ISTR IBU TIO N ) 22 END-MARKET FOCUS FOR NEW INNOVATION Semiconductors Robotics Healthcare Interconnected disruptive markets with massive innovation needs 23 APPENDIX Performance Additives Pigments TiO2 Dyestuffs 3%Polyethylene Nylon 6% Polypropylene Other Raw Materials 30% Styrenic Block Copolymer ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 30 • Significant raw material price inflation and tight inventory continued in Q2 2022, although at a slightly lesser rate compared to the prior quarter o For Q2 2022, the average cost of key hydrocarbon based materials was up 15%, roughly the same as the average cost of non- hydrocarbon based materials In addition, operating income before the effect of special items is a component of Avient’s annual and long-term employee incentive plans and is used in debt covenant computations. Three Months Ended 2022年6月30日 Three Months Ended 2021年6月30日 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income attributable to Avient shareholders $ 84.7 $ 0.92 $ 68.8 $ 0.74 Special items, after tax 5.1 0.06 11.7 0.13 Adjusted net income / EPS - excluding special items 89.8 0.98 80.5 0.87 FX adjustment n/a n/a $ (4.9) $ (0.05) Adjusted net income / EPS - excluding special items, adjusted for FX $ 89.8 $ 0.98 $ 75.6 $ 0.82 Reconciliation to Consolidated Statements of Income Three Months Ended 2022年6月30日 2021 Results Results FX Adjustment FX Adjusted Sales: Color, Additives and Inks $ 649.1 $ 624.4 $ (35.8) $ 588.6 Specialty Engineered Materials 243.9 240.6 (10.5) 230.1 Distribution 443.2 404.4 (0.2) 404.2 Corporate and eliminations (33.8) (34.2) (1.2) (35.4) Sales $ 1,302.4 $ 1,235.2 $ (47.7) $ 1,187.5 Operating income: Color, Additives and Inks $ 93.6 $ 86.3 $ (5.2) 81.1 Specialty Engineered Materials 36.6 37.3 (1.3) 36.0 Distribution 27.1 23.7 — 23.7 Corporate and eliminations (27.8) (39.2) 0.2 (39.0) Operating income 129.5 108.1 (6.3) 101.8 Special items in operating income 4.3 14.2 — 14.2 Adjusted operating income $ 133.8 $ 122.3 $ (6.3) $ 116.0 1 2022年6月30日 GAAP Special Adjusted Operating Income $ 129.5 $ 4.3 $ 133.8 Income before income taxes $ 114.7 $ 3.4 $ 118.1 Income tax expense - GAAP (30.0) — (30.0) Income tax impact of special items — (0.8) (0.8) Tax adjustments — 2.5 2.5 Net income attributable to noncontrolling interests — — — Net income attributable to Avient shareholders $ 84.7 $ 5.1 $ 89.8 EPS $ 0.92 0.06 $ 0.98 Weighted-average diluted shares 92.1 92.1 92.1 2021年6月30日 GAAP Special Adjusted Operating Income $ 108.1 $ 14.2 $ 122.3 Income before income taxes $ 89.8 $ 14.2 $ 104.0 Income tax expense - GAAP (20.4) — (20.4) Income tax impact of special items — (3.4) (3.4) Tax adjustments — 0.9 0.9 Net income attributable to noncontrolling interests (0.6) — (0.6) Net income attributable to Avient shareholders $ 68.8 $ 11.7 $ 80.5 EPS $ 0.74 0.13 $ 0.87 Weighted-average diluted shares 92.4 92.4 92.4 2021年9月30日 GAAP Special Adjusted Operating income $ 78.7 $ 20.0 $ 98.7 Income from continuing operations before income taxes $ 61.1 $ 19.9 $ 81.0 Income tax expense - GAAP (8.5) — (8.5) Income tax impact of special items — (4.6) (4.6) Tax adjustments — (3.6) (3.6) Net income attributable to noncontrolling interests 0.3 — 0.3 Net income from continuing operations attributable to Avient shareholders $ 52.9 $ 11.7 $ 64.6 Net income / EPS $ 0.57 $ 0.13 $ 0.70 Weighted-average diluted shares 92.2 92.2 92.2 Reconciliation of EBITDA by Segment Year Ended 2021年12月31日 Operating income: Color, Additives and Inks $ 303.1 Specialty Engineered Materials 132.0 Distribution 93.2 Corporate and eliminations (147.1) Operating income $ 381.2 Items below OI in Corporate: Other income, net $ (1.3) Depreciation & amortization: Color, Additives and Inks $ 105.7 Specialty Engineered Materials 31.7 Distribution 0.8 Corporate and eliminations 7.7 Depreciation & Amortization $ 145.9 EBITDA: Color, Additives and Inks $ 408.8 Specialty Engineered Materials 163.7 Distribution 94.0 Corporate and eliminations (140.7) EBITDA $ 525.8 June 30, Year Ended December 31, Reconciliation to EBITDA and Adjusted EBITDA: 2022 2021 2021 Net income from continuing operations – GAAP $ 84.7 $ 69.4 $ 230.6 Income tax expense 30.0 20.4 74.0 Interest expense 16.2 19.5 75.3 Depreciation and amortization from continuing operations 36.5 33.8 145.9 EBITDA $ 167.4 $ 143.1 $ 525.8 Special items, before tax 3.4 14.2 57.1 Depreciation and amortization included in special items (1.1) 1.4 (1.7) Adjusted EBITDA $ 169.7 $ 158.7 $ 581.2 AVNT Aug 2022 Presentation w Non GAAP Recs.pdf AVNT Aug 2022 Presentation Update.pdf Avient corporation�investor presentation DISCLAIMER Avient: Who We Are Who we are – Vision, Strategy, Culture What we do: material science Sustainability for a Better Tomorrow Slide Number 7 Slide Number 8 Slide Number 9 Q2 2022 SALES AND OPERATING INCOME�(Total Company) Slide Number 11 Slide Number 12 2021 Sustainability Report Slide Number 14 Slide Number 15 Slide Number 16 Slide Number 17 Slide Number 18 Slide Number 19 Two-Year Leverage model our Specialty Journey continues End Market transformation to less cyclical industries�(with Dyneema, ex. distribution) End-market Focus for �New innovation Slide Number 24 PEER COMPARISONS Avient is asset light High free cash flow conversion Our valuation versus peers Slide Number 29 Slide Number 30 Slide Number 31 Slide Number 32 FIT with Four Pillar Strategy AVNT Aug 2022 Presentation w Non GAAP Recs v1 Dyneema® overview AVNT Aug 2022 Presentation w Non GAAP Recs AVNT Aug 2022 Presentation Update.pdf Slide Number 35 Slide Number 36 Dyneema® in the Value Chain Demand trends Products Avient’s Existing Composites Portfolio Avient’s Composites Portfolio�Sales and Ebitda Slide Number 42 �2021 segment, end market and Geography Slide Number 44 Slide Number 45 Slide Number 46 Slide Number 47 AVNT Aug 2022 Presentation w Non GAAP Recs.pdf AVNT Q2 2022 Earnings Presentation - Website.pdf AVNT Q2 2022 Earnings Presentation - Website AVNT Q2 2022 Earnings Presentation - Website AVNT Q2 2022 Earnings Presentation - Website 7.25 323pm IR Deck - AVNT-2022.06.30.pdf AVNT Aug 2022 Presentation w Non GAAP Recs
https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
& Canada 64% 36% Specialty Engineered Materials Color Additives and Inks 37% 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. In addition, operating income before the effect of special items is a component of Avient’s annual incentive plans and is used in debt covenant computations. Three Months Ended 2023年3月31日 Three Months Ended 2022年3月31日 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 20.8 $ 0.23 $ 64.4 $ 0.70 Special items, after tax 22.3 0.24 6.4 0.07 Amortization expense, after-tax 15.1 0.16 $ 10.8 $ 0.12 Adjusted net income / EPS $ 58.2 $ 0.63 $ 81.6 $ 0.89 March 31, Reconciliation of Pro Forma Sales 2023 2022 Sales $ 845.7 $ 892.2 APM pro forma adjustments — 94.9 Pro forma sales $ 845.7 $ 987.1 1 Three Months Ended Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022 Net income from continuing operations – GAAP $ 21.3 $ 64.7 Income tax expense 7.7 20.0 Interest expense, net 28.8 16.9 Depreciation and amortization 50.5 37.6 EBITDA from continuing operations $ 108.3 $ 139.2 Special items, before tax 27.3 6.7 Depreciation and amortization included in special items (1.8) (2.1) Adjusted EBITDA $ 133.8 $ 143.8 Pro forma APM adjustments — 32.0 Pro forma adjusted EBITDA $ 133.8 $ 175.8 Pro forma adjusted EBITDA as a % of sales 15.8 % 17.8 % 2023 2022 Sales: Color, Additives and Inks $ 537.0 $ 649.5 Specialty Engineered Materials 309.7 243.1 Corporate (1.0) (0.4) Sales $ 845.7 $ 892.2 Operating income: Color, Additives and Inks $ 65.6 $ 94.5 Specialty Engineered Materials 43.1 38.3 Corporate (51.6) (30.6) Operating income $ 57.1 $ 102.2 Depreciation & amortization: Color, Additives and Inks $ 25.8 $ 26.0 Specialty Engineered Materials 21.2 7.8 Corporate 3.5 3.8 Depreciation & Amortization $ 50.5 $ 37.6 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 91.4 $ 120.5 Specialty Engineered Materials 64.3 46.1 Corporate (48.1) (26.8) Other income (expense), net 0.7 (0.6) EBITDA $ 108.3 $ 139.2 AVNT June IR Conferences w Non GAAP Recs.pdf AVNT Q1 2023 Earnings Presentation.pdf AVNT Q1 2023 Earnings Presentation 5.2 221pm IR Deck - AVNT-2023.03.31 (002).pdf
https://www.avient.com/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
Consolidated sales expanded for the first time in seven quarters with contributions from both our Color, Additives and Inks, and Specialty Engineered Materials segments. Webcast Details Avient will provide additional details on its 2024 second quarter and 2024 full-year outlook during its webcast scheduled for 8:00 a.m. In addition, operating income before the effect of special items is a component of Avient's annual incentive plans and is used in debt covenant computations.
https://www.avient.com/sites/default/files/2023-08/Avient General Purchase Conditions.pdf
Avient expressly rejects the applicability of any additional, different, conflicting, or other terms and conditions or stipulations of Supplier. 1. If Supplier does not deliver the Goods within the time period promised, Avient reserves the right, in addition to its other rights and remedies, to cancel the Purchase Order upon notice to the Supplier and to purchase substitute goods elsewhere and charge Supplier for any loss incurred. 5. In addition, Supplier warrants that all Certificates of Origin for the Goods shall be provided to Avient on a timely basis and shall be accurate and complete.