Slide 1: Avient Corporation Fourth quarter and full year 2024 results
Avient Corporation AVNT Fourth quarter and full year 2024 results 2025 financial guidance FEBRUARY 13, 2025
Slide 2: Disclaimer
Disclaimer Forward-looking statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or foreca
Slide 3: Our purpose and strategic framework
Our purpose and strategic framework Copyright © 2025 . Avient Corporation. All Rights Reserved 3
Slide 4: Full-year 2024 organic revenue growth - by region
Full-year 2024 organic revenue growth - by region US & Canada Europe, Middle Asia Latin America East & Africa ▲5% ▲1% ▲5% ▲15% Year-over-year revenue growth, excludes the impact of foreign exchange Copyright © 2025 . Avient Corporation. All Rights Reserved 4
Slide 5: Full-year 2024 highlights
Full-year 2024 highlights ► 4% organic revenue growth for Avient; FY 2024 FULL YEAR 2024 VS. FULL YEAR 2023 3% for CAI and 6% for SEM results ORGANIC * FX AS REPORTED ► Adjusted EBITDA margin expanded 20 bps for Avient; 90 bps for CAI and 110 bps for SEM Sales $3,240M 4.0% (0.9%) 3.1% ► New strategy
Slide 6: Innovating for those who protect and serve
Innovating for those who protect and serve... Dyneema® HB330, HB332 Advanced hard ballistic unidirectional materials for personal and vehicle armor Unmatched ballistic protection The world’s strongest fiber™ Maximum V50 ballistic performance to stop high-velocity threats Ultra-light strength Lightes
Slide 7: Q4 2024 results
Q4 2024 results
Slide 8: Q4 2024 performance vs guidance
Q4 2024 performance vs guidance Adj. EBITDA Adj. EPS 0.50 114 0.49 RANGE 110 • Adjusted EBITDA of RANGE • Adjusted EPS of $0.49 $110M includes includes unfavorable unfavorable FX of $2M FX of $0.01 109 0.46 • Unfavorable FX was more than offset by favorable effective tax rate and interest expense Gu
Slide 9: Avient Q4 2024 performance vs. Q4 2023
Avient Q4 2024 performance vs. Q4 2023 Q4 2024 VS. Q4 2023 Q4 2024 results ORGANIC * FX AS REPORTED Sales $747M 4.8% (1.0%) 3.8% Adj. EBITDA $110M (1.9%) (1.5%) (3.4%) Adj. EPS $0.49 (3.9%) (1.9%) (5.8%) Copyright © 2025 . Avient Corporation. All Rights Reserved 9
Slide 10: Color, Additives & Inks - Q4 2024 performance
Color, Additives & Inks - Q4 2024 performance Sales Adj. EBITDA • Driven by strong drug delivery sales, new business wins in building & construction and 468 84 consumer 459 EXCL. FX 82 EXCL. • Higher sales and favorable mix FX more than offset by variable compensation reset resulting in lower adjust
Slide 11: Specialty Engineered Materials - Q4 2024 performance
Specialty Engineered Materials - Q4 2024 performance Sales Adj. EBITDA • Growth headlined by healthcare, including engineered materials in remote monitoring devices, as 280 well as composites for building & 56 260 construction, wind energy, and 49 defense applications EXCL. EXCL. FX FX • Higher sale
Slide 12: FY 2024 results
FY 2024 results
Slide 13: Color, Additives & Inks – full year 2024 performance
Color, Additives & Inks – full year 2024 performance Sales Adj. EBITDA • Driven by new applications for drug delivery and building & construction as well as demand 384 recovery in packaging and 2,047 358 consumer 2,007 EXCL. EXCL. FX FX • Adjusted EBITDA margin expansion driven by higher sales and n
Slide 14: Specialty Engineered Materials – full year 2024 performance
Specialty Engineered Materials – full year 2024 performance Sales Adj. EBITDA • Growth headlined by strong demand for applications in 1,197 249 defense end market and composites used in building & 1,138 construction and engineered 224 materials used in healthcare EXCL. EXCL. FX FX • Adjusted EBITDA
Slide 15: Avient full year 2024 performance vs. full year 2023
Avient full year 2024 performance vs. full year 2023 Sales Adj. EBITDA Adj. EPS 3,240 526 2.66 3,143 502 EXCL. EXCL. EXCL. FX FX 2.36 FX Adj. Adj. EBITDA EBITDA margin margin 16.0% 16.2% FY 2023 FY 2024 FY 2023 FY 2024 FY 2023 FY 2024 Copyright © 2025 . Avient Corporation. All Rights Reserved 15
Slide 16: 2025 guidance
2025 guidance
Slide 17: 2025 financial guidance
2025 financial guidance ADJ. EBITDA - Full year 2025 ADJ. EPS - Full year 2025 Q1 2025 $540 to 570M $2.70 to $2.94 $0.76 ▲6% to ▲12% growth excluding FX adj. EPS guidance M AC R O AS S U M P T I O N S I N F L U E N C I N G R AN G E ▲ Further Fed rate cuts ▼ Policy uncertainty and changes ▲ Chinese s
Slide 18: Cay
Cay c mK >< AVIENT
Slide 19: Avient 2024 sales
Avient 2024 sales BUSINESS SEGMENTS END MARKETS REGIONS C AI Telecom Latin America Energy US & Canada Defense 63% 4% 3% Packaging 6% Asia 41% 7% 23% Healthcare 18% 8% 10% Building & construction 20% 10% Consumer 37% Transportation 15% 35% SEM Industrial Europe, Middle East and Africa Copyright © 202
Slide 20: Color, Additives & Inks
Color, Additives & Inks END MARKETS REGIONS Energy 1% Telecom 1% Latin America Transportation 8% 9% Healthcare 9% Packaging US & Canada 34% Asia 34% 20% Building & 11% Construction 15% 21% 37% Industrial Consumer Europe, Middle East and Africa Copyright © 2025 . Avient Corporation. All Rights Reserv
Slide 21: Specialty Engineered Materials
Specialty Engineered Materials END MARKETS REGIONS Packaging Telecom Asia Defense 4% 7% 13% Healthcare 20% 7% Energy 9% 54% US & Canada 17% 33% Europe, 9% Consumer Middle East Building & and Africa construction 13% 14% Transportation Industrial Copyright © 2025 . Avient Corporation. All Rights Reser
Slide 22: Avient 2024 regional sales, by end market
Avient 2024 regional sales, by end market U S & C AN AD A EMEA AS I A L AT I N AM E R I C A 41% of sales 35% of sales 18% of sales 6% of sales 2% 1% 1% 2% 2% 4% 5% 4% 6% 13% 10% 6% 10% 26% 9% 31% 7% 5% 5% 10% 22% 10% 10% 20% 61% 13% 13% 14% 13% 14% 26% 9% 16% Packaging Consumer Industrial Transporta
Slide 23: Raw material basket
Raw material basket Styrenic block copolymers Polypropylene Performance Nylon additives 4% 4% 16% 5% Polyethylene 9% 14% Pigments Other raw 9% materials TiO2 HYDROCARBON-BASED 37% Dyestuffs ~35% of the raw material basket 2% including part of “Other raw materials” NON-HYDROCARBON are hydrocarbon-bas
Slide 24: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations
Slide 25: Three Months Ended December 31, Year Ended
Three Months Ended Year Ended December 31, December 31, 2024 2023 2024 2023 Sales: Color, Additives and Inks $ 467.7 $ 459.4 $ 2,046.5 $ 2,007.4 Specialty Engineered Materials 279.7 259.8 1,196.8 1,138.2 Corporate (0.9) (0.2) (2.9) (2.8) Sales $ 746.5 $ 719.0 $ 3,240.4 $ 3,142.8 Gross margin: Color,
Slide 26: Adjusted Free Cash Flow Calculation
Year Ended December 31, Adjusted Free Cash Flow Calculation 2024 2023 Cash provided by operating activities $ 256.8 $ 201.6 Taxes paid on gain on sale of business — 104.1 One-time payout associated with deferred compensation plans 20.8 — Adjusted cash provided by operating activities $ 277.6 $ 305.7