https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
GUIDANCE DEBT / LEVERAGE R EDUCTION • Completed sale of Distribution and paid down $750M of debt in November • Strong free cash flow in fourth quarter reduced leverage and enabled paydown of additional $200M of debt • Fixed/Floating Debt Ratio 63/37 • Proven track record of deleveraging following acquisitions through consistent free cash flow generation $725 $725 $725 $575 $500 $400 $600 $525 $425 $650 $650 $650 $600 $2.40B $2.20B 2030 Notes 2029 Term Loan 2026 Term Loan 2025 Notes After Distribution Divestiture Year-End 8 Year-End Leverage 3.8x 3.1x 2.9x 2023 Notes After Avient Protective Materials Acquisition $3.15B 20 22 TRA NSF OR MATI ONAL PORTFOLI O ENHA NC EMENTS 9 EBITDA margins expanded from 12% to 16% Diversified end markets with reduced exposure to more cyclical industries Dyneema® Acquisition $1.48B acquisition strengthens composites platform Significantly improved EBITDA margins $950M divestiture results in 100% specialty sales Strong exit multiple of 10x TTM EBITDA despite market volatility Distribution Divestiture Improved Portfolio G ROW I NG C OM PO SI T ES P LAT F OR M C O NT R I BU TI O NS TO S EM S EG ME NT 10 Note: 2022 is pro forma for Avient Protective Materials 2016 Sales 2022 Sales Advanced Composites 51% $560M $1,300M Advanced Composites 9% C O M P O S I T E S P O R T F O L I O D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers 11 ADVA NC ED C OM POSI TES PERFORMA NCE 12 (1) Pro forma for the acquisition of Avient Protective Materials Sales $51 $84 $212 $668 2016 2018 2020 2022 $4 $10 $41 $169 2016 2018 2020 2022 EBITDA (1) (1) ($ in millions) PORTFOLIO EVOLUTION AND EPS EXPANSION 13 Adj.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
In December, we completed our annual employee engagement survey and received our 3rd consecutive Great Place to Work® certification from the Great Place to Work Institute.”3 2022 Outlook “As we discussed during our Investor Day in December, we have momentum in growing sustainable solutions, solving healthcare challenges and broadening advanced composite applications,” said Jamie A.
https://www.avient.com/sites/default/files/2020-07/avient-abac-canada-200720.pdf
Avient a élaboré un programme complet pour la mise en œuvre de la présente politique par le biais de directives, de formation, d’enquêtes et de sur veillance appropriées.
https://www.avient.com/sites/default/files/2020-07/avient-abac-france-200718.pdf
Avient a développé un programme complet pour la mise en œuvre de cette Politique via une directive, une formation, un processus d’enquête et une surveillance appropriés.
https://www.avient.com/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
Further, as a result of Avient's portfolio shift to a pure play specialty formulator, it has completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization.
https://www.avient.com/sites/default/files/resources/Terms%2520and%2520Conditions%2520of%2520Sale%2520for%2520Hungary.pdf
Buyer will accept, as full and complete performance by Seller, deliveries in accordance with such determinations as Seller may make.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Further, as a result of Avient's portfolio shift to a pure play specialty formulator, it has completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization.
https://www.avient.com/sites/default/files/resources/ISO_13485_Certificate.pdf
validitystatement1: Validity of this certificate is based on the successful completion of the periodic surveillance audits of the management system defined by the above scope and is contingent upon prompt,written notification to ABS Quality Evaluations, Inc. of significant changes to the management system or components thereof.
https://www.avient.com/sites/default/files/2020-03/2020proxy.pdf
Please submit your vote and proxy by telephone or over the Internet, or complete, sign, date and return your proxy or voting instruction form.
https://www.avient.com/sites/default/files/2023-06/AVIENT_TPEs and LSR eBook.pdf
Though the viscosity of TPEs are reduced when processed at high shear rates, TPEs must be “packed” into a mold to ensure complete fill-out.