https://www.avient.com/sites/default/files/2025-05/AVNT Q1 2025 Webcast Slides_w_non-GAAP.pdf
EPS of $0.76 in line with guidance Copyright © . 2025 4 Q1 2025 organic revenue growth - by region (3%) +2% +9% +17% Year-over-year revenue growth, excludes the impact of foreign exchange US & Canada Europe, Middle East & Africa Asia Latin America 5Copyright © . FX) as strong growth in healthcare applications was offset by weak transportation demand, as well as lower defense sales on tough year over year comparisons • Unfavorable mix related to lower defense sales resulted in lower margin in the quarterAdj. 23.2% Adj. 22.2% Copyright © . 2025 9 Regional manufacturing capabilities and supply chains help us serve our customers locally Global reach with a local touch Sales exposure $100M ~3% LESS THAN Raw materials exposure $100M ~7.5% LESS THAN Tariff exposure guidance Copyright © . 2025 11 ADJ. Three Months Ended 2025年3月31日 2024 Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1) Net (loss) income attributable to Avient common shareholders $ (20.2) $ (0.22) $ 49.4 $ 0.54 Special items, after-tax 75.7 0.82 5.5 0.06 Amortization expense, after-tax 14.5 0.16 14.9 0.16 Adjusted net income / EPS $ 70.0 $ 0.76 $ 69.8 $ 0.76 March 31, Reconciliation to EBITDA and Adjusted EBITDA: 2025 2024 Net (loss) income – GAAP $ (19.9) $ 49.7 Income tax (benefit) expense (6.7) 16.8 Interest expense, net 26.9 26.6 Depreciation & amortization 45.3 44.3 EBITDA $ 45.6 $ 137.4 Special items, before tax 101.2 6.2 Interest expense included in special items (1.7) — Depreciation & amortization included in special items (0.4) (0.5) Adjusted EBITDA $ 144.7 $ 143.1 Adjusted EBITDA as a percent of sales 17.5 % 17.3 % 1 2025年3月31日 2024 Sales: Color, Additives and Inks $ 519.7 $ 515.3 Specialty Engineered Materials 308.4 314.4 Corporate (1.5) (0.7) Sales $ 826.6 $ 829.0 Operating income: Color, Additives and Inks $ 78.6 $ 74.8 Specialty Engineered Materials 47.1 53.4 Corporate (125.0) (34.2) Operating income $ 0.7 $ 94.0 Depreciation & amortization: Color, Additives and Inks $ 21.7 $ 21.9 Specialty Engineered Materials 21.5 19.6 Corporate 2.1 2.8 Depreciation & amortization $ 45.3 $ 44.3 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 100.3 $ 96.7 Specialty Engineered Materials 68.6 73.0 Corporate (122.9) (31.4) Other expense, net (0.4) (0.9) EBITDA $ 45.6 $ 137.4 Special items, before tax 101.2 6.2 Interest expense included in special items (1.7) — Depreciation & amortization included in special items (0.4) (0.5) Adjusted EBITDA $ 144.7 $ 143.1 Adjusted EBITDA as a percent of sales: Color, Additives and Inks 19.3 % 18.8 % Specialty Engineered Materials 22.2 % 23.2 % Reconciliation to EBITDA and Adjusted EBITDA: Year Ended 2024年12月31日 Net income – GAAP $ 170.7 Income tax expense 54.1 Interest expense 105.6 Depreciation & amortization 179.7 EBITDA $ 510.1 Special items, before tax 20.1 Interest expense included in special items (2.3) Depreciation & amortization included in special items (1.5) Adjusted EBITDA $ 526.4 Adjusted EBITDA as a percent of sales 16.2 % 2 Three Months Ended 2023年3月31日 Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) Net income from continuing operations attributable to Avient common shareholders $ 20.8 $ 0.23 Special items, after tax 22.3 0.24 Amortization expense, after-tax 15.1 0.16 Adjusted net income / EPS $ 58.2 $ 0.63 2024年6月30日 Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) Net income attributable to Avient common shareholders $ 33.6 $ 0.36 Special items, after-tax 21.8 0.24 Amortization expense, after-tax 14.8 0.16 Adjusted net income / EPS $ 70.2 $ 0.76 Year Ended 2024年12月31日 Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) Net income attributable to Avient common shareholders $ 169.5 $ 1.84 Special items, after-tax 15.9 0.17 Amortization expense, after-tax 59.5 0.65 Adjusted net income / EPS $ 244.9 $ 2.66 3 AVNT Q1 2025 webcast slides_v16.pdf Q1 2025 Earnings webcast Slide 1 Slide 2: Disclaimer Slide 3: Q1 2025 highlights Slide 4: Q1 2025 organic revenue growth - by region Slide 5: Playbook in current environment Slide 6 Slide 7: Color, Additives & Inks – Q1 2025 performance Slide 8: Specialty Engineered Materials – Q1 2025 performance Slide 9: Global reach with a local touch Slide 10 Slide 11: 2025 financial guidance unchanged...
https://www.avient.com/sites/default/files/2020-10/avient-design-impact-protection-project.pdf
IMPACT PROTECTION D E S I G N A N D M A T E R I A L S O L U T I O N S Avient Corporation 1 PROJECT KICK OFF B R I E F Application: Protective sports equipment Challenge: Provide functional material to protect against impact for chest protector Requirements: • Compact - reduce thickness and weight for improved comfort and functionality • Meet EN standards • EN1621-1 level 2 & EN1621-2 level 1 • Eliminate the use of foam and glue • Be waterproof and easy to clean • Sustainable • Easy to prototype & considers manufacturing efficiency Avient Corporation 2 VIBRATION DAMPING TECHNOLOGY (VDT) H O W D O E S I T W O R K ? Avient Corporation 3 Simplified Drop Test • 65g steel ball • Dropped from 305mm • Onto 3.175mm thickness flat samples Materials Tested • Standard TPE 30 Shore A • TPU alloy 60 Shore A • Damping TPE 32 Shore A VDT reduces bounce Avient Corporation 4 SIMULATION & CALIBRATION E N 1 6 2 1 - 1 L E V E L 2 Image courtesy of Airobag TV https://www.youtube.com/c/AirobagTV/videos Simulation of Impact A weight dropped onto protective element in contact with rigid substrate https://www.youtube.com/c/AirobagTV/videos Avient Corporation 5 SIMULATION & CALIBRATION E N 1 6 2 1 - 1 L E V E L 2 REFINING THE DESIGN D E S I G N A N D M A T E R I A L C O M B I N A T I O N Avient Corporation 6 • A number of different shapes and designs are created and simulated to determine which one works best • Refining to meet EN standard • VDT TPEs can help reach compliance with EN1621-1 level 2 and EN1621-2 level 1 • Optimum protection can be achieved by combining industrial design and engineering Avient Corporation 7 VALIDATION P R O T O T Y P I N G W I T H 3 D P R I N T I N G 3D Printing Validation -15% -10% -5% 0% 5% 10% Density Tensile Strength // Tear resistance // Rebound resilience 2mm 3D Printed VDT vs Injection Molded VDT can be 3D printed for concept evaluation early in the design process SUMMARY Avient Corporation 8 • Enabled a new, compact design with a customized VDT TPE formulation • Improved user comfort and functionality • Fulfilled EN standards • Reduced number of prototyping tools required • Reduced time spent in product development by 40 percent, enabling faster commercialization of product
https://www.avient.com/sites/default/files/2022-08/Environmental Stress Cracking Resistance _ESCR_ Design Guide %281%29.pdf
The design of a rib should be derived from the structural, flow, and assembly requirements of the part.2 FIGURE 5 - Proper contour design FIGURE 6 - Drafting guidelines for nominal wall thickness FIGURE 7 - Wall thickness changes due to rib placement FIGURE 8 - Rib design guidelines ESCR Design Guide 3 BOSSES A boss, demonstrated in Figure 9, is a protruding feature that allows for fastening components. The heat will melt the plastic around FIGURE 9 - Proper boss design FIGURE 10 - Boss design guidelines ESCR Design Guide 4 it, allowing the plastic to relax, reflow, and solidify. If the holes are not for structural design, they can be placed closer together and should all be placed two times the nominal wall thickness (W) apart from each other and from an outside or inside wall.
https://www.avient.com/resources/safety-data-sheets?page=5737
MC-54024PP TAUPE W/ 1 YR UV MC-54049PV BEIGE W/UV MC-61362PP ORANGE W/UV
https://www.avient.com/resources/safety-data-sheets?page=5557
MC-54033PV TAN 20 W/UV MC-54037PV TAN 45 W/UV MC-54040PV TAN 66 W/UV
https://www.avient.com/resources/safety-data-sheets?page=937
ROSE 185C W/ UV GREEN 355C W/ UV WHITE W/ GOLD IRID.
https://www.avient.com/resources/safety-data-sheets?page=5614
MC-17602TPU BLUE W/UV MC-35200TPU RED W/UV MC-87308TPU BLACK W/UV
https://www.avient.com/sites/default/files/2020-08/tpes-for-automotive-industry-bulletin.pdf
INTERIORS/EXTERIORS TEMP STANDARD UNITS ONFLEX AF 7210-40B ONFLEX AF 7210-50B ONFLEX AF 7210-60B ONFLEX AF 7210-70B ONFLEX AF 7210-80B QUV Exposure • 1000 Hrs(0.68 W/m2 @ 340nm) • 2000 Hrs(0.68 W/m2 @ 340nm) 45°C ΔE 0.49 0.38 0.42 0.48 0.21 0.85 0.22 0.14 0.32 0.24 Xenon-Arc Exposure • 1000 Hrs(0.35 W/m2 @ 340nm) 63°C ΔE 0.63 0.84 0.34 — 0.58 Capillary Viscosity • 1341/s • 11170/s ASTM D3835 Pa*s 60 11.4 79 15 65 13 48 13.7 73 16 Ozone Resistance ASTM D1149(16) B Visual No cracks No cracks No cracks No cracks No cracks Low Temperature Brittleness ISO 812 B °C -63 -62 -62 -62 -62 OnFlex™ AF • Features: long-term sealing performance, reduced noise and vibration, grippy feel, low gloss, low odor, excellent UV resistance and weatherability, easy processability, overmolds to polypropylene • Example applications: trays, door pockets, fasteners, clips, roof rack pads, roof and door trim, and window encapsulations The need to innovate is virtually endless.
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-therma-tech-automotive-led-heat-sink_0.pdf
© 2019, All Right Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012 TRANSPORTATION LIGHTING SUPPLIER H E A T S I N K F O R H I G H P O W E R L E D • A material to replace aluminum • High thermal conductivity - 20 W/mK • Electrically conductive • Increase production rate by 50%, as three secondary operations were eliminated • Reduced the weight of each part by 30% • Collaborated with the customer to participate in the SPE Automotive Innovation Awards Therma-Tech™ TT6600-5001 EC Grey KEY REQUIREMENTS WHY AVIENT?
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 Copyright © . 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 Copyright © . 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 Copyright © . 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 Copyright © . 2025 13 Avient is a compelling investment thesis 2024 Results 15Copyright © .