https://www.avient.com/sites/default/files/2025-01/ISO 16949 Tossiat%2C France.pdf
Any translations of this document shall be used for reference only.) 1/2 Certificate of Approval AWARDED TO PolyOne France Tossiat Route de la vavrette, 01250, Tossiat - France IATF USI: LWZS4P Bureau Veritas Certification certify that the Quality Management System of the above organisation has been audited and found to be in accordance with the requirements of IATF 16949 - FIRST EDITION and the applicable customer specific requirements SCOPE Design and manufacturing PERMITTED EXCLUSION(S) None PRODUCT(S) DELIVERED colour with additive concentrates for thermoplastic resins and speciality compounds obtained by mixing and extrusion https://e-cer.bureauveritas.com/68LJQE0ZV0CO6I7YW0YSXOUMV9WWROQPHPI2AOHRRLFFVRAVTFVZGXKWIE3TOWLTTKEWCPQB9UNAPXHH6T0HXOMUEDVYPRPJLEXBBTKQYPBRICYOKY143TECQ5UMHGA3JX Date Of Certification: 11 December 2024 Date Of Expiration: 10 December 2027 IATF Certificate N°: 0558656 Bureau Veritas Certification Certificate No: FR094003 - IATF Revision: 1 For Bureau Veritas Certification Holding, Tour ALTO, 4 place des saisons, 92400 COURBEVOIE – France (The official document is in English.
https://www.avient.com/sites/default/files/2024-12/IATF16949 2016 Certificate for PolyOne shenzhen-EN2024.pdf
No. 1, Qihang Industry Park, Haoxiang Road, Shajing Town, Baoan, Shenzhen, Guangdong, China 518104 (USI: C5M65R) and, if applicable, the remote supporting locations as mentioned in the Appendix accompanying this Certificate has been found to conform to the Quality Management System standard: IATF 16949:2016 This certificate is valid for the following scope: DESIGN AND MANUFACTURE OF PLASTIC COMPOUNDING MATERIAL EXCLUSION: NONE http://www.dnv.com Certificate no.: 273138-2018-AQ-RGC-IATF IATF Certificate No: 0558323 Place and date: Katy, TX, 10 December 2024 Lack of fulfilment of conditions as set out in the Certification Agreement may render this Certificate invalid.
https://www.avient.com/sites/default/files/2023-01/45324-Certificate-13JAN2023.pdf
ABS Quality Evaluations This is to certify that the Quality Management System of: Avient Corporation Avient Corporation - McHenry, IL 831 Ridgeview Drive ISO 13485:2016 The Quality Management System is applicable to: Certificate No: 45324 Certification Date: 24 February 2014 Effective Date: 13 January 2023 Expiration Date: 23 January 2026 Revision Date: 13 January 2023 Dominic Townsend, President DESIGN, MANUFACTURE AND DISTRIBUTION OF THERMOPLASTIC ELASTOMER RESINS & PELLETS FOR THE MEDICAL DEVICE INDUSTRY This certificate may be found on the ABS QE Website (www.abs-qe.com).
https://www.avient.com/sites/default/files/2022-08/IATF 16949 North Baltimore.doc.pdf
WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX) has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by: IATF 16949:2016 The Quality Management System is applicable to: DESIGN AND MANUFACTURE OF CUSTOM PVC PLASTISOL AND PVC SLUSH MOLD POWDER Certificate No: 38972 Effective Date: 04 September 2021 Expiration Date: 03 September 2024 Revision Date: 04 September 2021 IATF No: 0422162 Dominic Townsend, President 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/2021-04/iatf-16949-58976-lockport-17nov2020.pdf
IATF 16949:2016 The Quality Management System is applicable to: Certificate No: 58976 Effective Date: 08 February 2019 Expiration Date: 09 August 2022 Revision Date: 17 November 2020 IATF No: 0349837 Dominic Townsend, President DESIGN AND MANUFACTURE OF THERMOPLASTIC COMPOUNDS (WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX) Certificate Of Conformance has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by: Page 2 of 2 ABS Quality Evaluations Avient Corporation IATF 16949:2016 Certificate Of Conformance ANNEX At Below Facilities: Validity of this certificate may be confirmed at www.abs-qe.com/cert_validation.
https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
AVIENT OVERVIEW OUR VISION: Creating specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world 2023 Financial GuidanceCompany Overview 2022 Pro Forma Revenue By: 9,700 Employees 104 Manufacturing Sites 20,000+ Customers Key Highlights Premier formulator of specialized and sustainable material solutions Asset-light business model, with flexibility to adapt to customer needs Best-in-class technology and service (140+ PhDs / 2,500+ patents) History of transformation through successful M&A while consistently returning cash to shareholders Poised for continued future growth in excess of GDP $3.4B Revenue $2.40 $530M Adjusted EBITDA 15.6% Adjusted EBITDA Margins $200M Free Cash Flow 2.9x Net Leverage Over $1B in share buybacks since 2011 Raised dividend for 12 consecutive years, a 16% CAGR since 2011 Geography Segment Industry U.S. & 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. FX -11% FX -3% Total Avient -14% YoY Comparison against 2022 pro forma results • Aging infrastructure driving need for greater technological advancements and upgrades • Increased focus on strength and capacity of electrical grid plays into further adoption of composites into the market UV, weather-resistance, customized capabilities Best-in-class customer responsiveness Local high-quality manufacturing, unparalleled breadth of portfolio Expanding position in insulators, utility poles, crossarms, and wind energy Avient Confidential 16 ENERGY 16 • Fiber-optic investments from AT&T, Corning, Commscope continue to drive industry toward innovation • $42B BEAD program in Infrastructure Bill to increase cable deployments; well-positioned to capitalize on “Made in America” requirement and “last mile” buildout Flame retardance, weather-resistance enables faster, safer, more reliable connections Local manufacturing, unparalleled breadth of portfolio Expanding position in insulation for wire jacketing, 5G buildout TELECOMMUNICATIONS Source: U.S. National Defense budget of $842 billion submitted to Congress in Q1 2023 • European NATO members annual defense spend expected to increase by up to 20% Dyneema® is the world’s strongest fiber™ One of the highest strength to weight ratios of any material on Earth Direct relationships with industry leading armor manufacturers Resistant to most chemicals, UV, and moisture to handle any environment Avient Confidential 18 DEFENSE Source: US Department of Defense, defense.gov, NATO18 Source: TRANSPORTATION • Increased EPA regulations requiring improved fuel efficiency, enabled in part by lower-weight vehicles • Automakers preparing for 2/3 of U.S. vehicles to be 100% electric by 2032 Lightweight panels that establish both strength and stiffness resulting in decreased energy usage, lower emissions Long-lasting Color applications to resist UV exposure, temperature fluctuations and exceed the stylistic requirements of global automakers 19 $130 $530 $0.60 $2.40 2023 GUIDANCE 20 Sales Adjusted EBITDA $845 $3,400 (in millions) (in millions) CASH FLOW / LEVERAGE 21 • Maintaining free cash flow and leverage guidance from February earnings call • IT investment to further integrate acquired businesses and capture operational efficiencies • Restructuring actions to streamline operations and improve profitability, primarily in Europe ($ millions) 2023E Cash Flow from Operating Activities 350$ Less: Run-Rate CapEx (110) CapEx for IT System Upgrade (25) CapEx for Restructuring (15) Total CapEx (150) Free Cash Flow 200$ Adjusted EBITDA 530$ Net Debt / Adjusted EBITDA 2.9x LONG-TERM REVENUE GROWTH DRIVERS Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Healthcare 8–10% Composites 10% Asia / LATAM 5% Other (GDP growth) 2–3% Avient 6.5% 22 Sustainable Solutions 32% Asia / LATAM Composites Other (GDP Growth) 39% • Virtual presentation to be held 2023年9月20日 • The company will be conducting an investor-focused presentation around our sustainability solutions portfolio Avient Confidential 23 SUSTAINABILITY INVESTOR DAY 23 $340M $405M $455M $550M $790M $915M 2016 2017 2018 2019 2020PF** 2021 2022PF*** SUSTAINABILITY FOR A BETTER TOMORROW Revenue From Sustainable Solutions* 2016-2022 ($ in millions) Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12% 24 *Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”) **2020 is Pro Forma to include full year of the Clariant Color business ***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution $1,175M Lightweighting Eco-Conscious Recycle Solutions VOC Reduction Sustainable Infrastructure Human Health & Safety Reduced Energy Use Bio-polymers SUSTAINABILITY NEEDS BY MARKET B&C • Eco-Conscious • Carbon footprint • Resource conservation • Carbon footprint • Bio based content • Eco-Conscious Automotive • Light weighting • Recycled Content • VOC reduction • Recycle Solutions • Carbon Footprint Packaging • Recycle Solutions • Food waste reduction Common Theme: CO2 Emission Goals Increasing Single-Use Plastic Regulation 25 INVESTING IN INNOVATION S U S T A I N A B I L I T Y P O R T F O L I O 26 AP P EN D IX 29 RAW MATERIAL 2022 ANNUAL PURCHASES Performance Additives Pigments 12% TiO2 Dyestuffs 2% Polyethylene Nylon Polypropylene Styrenic Block Copolymer Other Raw Materials 33% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials • Cost inflation decelerating, particularly for hydrocarbon-based raw materials 2022 pro forma results for the acquisition of Avient Protective Materials SEGMENT DATA U.S. & Canada 37% 2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Building and END MARKET REVENUE $2,355M $402M $1,300M $272M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $592M$3,653M (1) 9% 31 (1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs C O L O R , A D D I T I V E S & I N K S 2022 REVENUE | $2 .4 B ILL ION 34% 38% END MARKET REGION 32 34% 21% Building & 1% Energy 2% S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 2022 PRO FORMA REVENUE | $1 .3 B ILL ION END MARKET 52% 35% REGION 33 19% 8%Industrial 9% Defense Building & 32% 27% 14% Building & 3% 1% Defense 1% (18% of sales) 9% 2022 PROFORMA AVIENT REGIONAL SALES BY END MARKET 27% 14% 17% Building & (37% of sales)Transportation 12% Building & US & Canada (40% of sales) 56% 23% Building & 1% LATAM (5% of sales) 3% 34 PEER COMPARISONS AVIENT IS ASSET LIGHT Capex / Revenue 2023E (%) Avient Specialty Other Specialty / Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M. 36 4 4 4 6 8 9 FREE CASH FLOW CONVERSION Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2023-11/Cesa Clean Product Bulletin.pdf
They are a cost-effective way to help maintain critical production uptime and increase manufacturing efficiencies.
https://www.avient.com/sites/default/files/2022-10/Cesa WithStand Patient Mobility Case Study %281%29.pdf
THE IMPACT • FLEXIBILITY through wide range of color options • PROTECTION of product through antimicrobial technology • SPEED to MARKET through supplier expertise • COST REDUCTION through simplified processing • CONSISTENT performance through all-inclusive, one step masterbatch Each Smartbatch solution is custom formulated to incorporate color, antimicrobial technology and UV stability in one material, simplifying them manufacturing process and delivering consistent performance
https://www.avient.com/sites/default/files/2023-11/Cesa Fiber Additives Hydrophobic for PP Nonwovens Product Bulletin.pdf
Specially formulated for both spunbond and meltblown manufacturing processes, they have no visible influence on color and can be customized to combine water repellency and color into one product for added convenience.
https://www.avient.com/sites/default/files/2024-08/OnColor REC Polymer Colorants Product Bulletin.pdf
They can reduce environmental impact compared to traditional carbon black formulations, allowing the use of less energy and water during the manufacturing process and thereby helping to reduce product carbon footprint (PCF).