https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Critical%2520Imperatives.pdf
Patterson
Page 101
Critical Imperatives – Near Term
• Successfully integrate ColorMatrix with
“Invest to Grow” strategy
• Accelerate cross-selling and leverage Lean Six
Sigma to drive sales-force effectiveness and Sigma to drive sales-force effectiveness and
improve execution
• Overcome current demand weakness in
Europe and beat our 2012 goals!
Page 102
Critical Imperatives – Medium to Long Term
• Continue cultural and paradigm shift from
commodity compounder to collaborative formulator
as One PolyOne
• Accelerate innovation and leverage megatrends to
improve our mix of business with higher-margin improve our mix of business with higher-margin
specialty products
• Increase specialty contribution and advance
globalization via acquisitions
• Drive relentless execution and creative innovation as
key competitive differentiators
Page 103
2011
Proforma ColorMatrix
2015 Target
“Where we are” “Where we expect to be”
1) Operating Income %
Specialty 8.9%
PP&S 7.2%
12 – 16%
9 – 12%
Elevating our Expectations and Yours
PP&S 7.2%
Distribution 5.6%
2) Specialty Platform
% of Operating Income
50%
3) ROIC* (after-tax) 10%
4) Adjusted Annual
EPS Growth
3 yr CAGR = 71%
9 – 12%
6 – 7.5%
65 – 75%
15%
Double Digit Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 104
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Conference%2520w%2520nonGAAP.pdf
PolyOne Corporation Page 4
PolyOne Commodity to Specialty
Transformation
• Volume driven,
commodity
producer
• Heavily tied to
cyclical end
markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2014 2015 and
beyond
• Steve Newlin
appointed,
Chairman,
President and CEO
• New leadership
team appointed
• Implementation of
four pillar strategy
• Focus on value
based selling,
investment in
commercial
resources and
innovation to drive
transformation
• 20 consecutive
quarters of double-
digit adjusted EPS
growth
• Shift to faster
growing, high
margin, less cyclical
end markets
• Key acquisitions
propel current and
future growth, as
well as margin
expansion
• Established
aggressive 2015
targets
• Continue specialty
transformation
• Goal of $2.50
adjusted EPS by
2015, three times
the EPS generated
in 2011 of $0.82
• Drive double digit
operating income
and adjusted EPS
growth
PolyOne Corporation Page 5
Building &
Construction
13%
Industrial
12%
Transportation
18%
Wire & Cable
9%
Packaging
16%
Consumer
10%
HealthCare
11% Appliance
Electronics &
Electrical
5%
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
PolyOne
At A Glance
United
States
67%
Europe
14%
Canada
7% Asia
Latin
America
Specialty
54%
PP&S
18%
Distribution
28%
$13
$31
$46 $46
$92 $96
$122
$195
$0
$50
$100
$150
$200
2006 2007 2008 2009 2010 2011 2012 2013
Specialty Operating Income
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 YTD 2015
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $191M Target
Mix Shift Highlights Specialty Transformation
Transformation 2015
Target
PolyOne Corporation Page 7
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 8
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
'06 '07 '08 '09 '10 '11 '12 '13
‘06-‘13 EPS CAGR = 41%
EPS Share Price vs.
Strong past performance demonstrates that our strategy and
execution are working
Megatrends and emerging opportunities align with our strengths
Innovation and services provide differentiation, incremental pricing
power, and competitive advantage
Strong and proven management team driving growth and
performance
Addressable market exceeds $40 billion
Schedule I
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented
in accordance with U.S.
��PolyOne Investor Presentation�Goldman Sachs 2014 US Emerging / SMID Cap Growth Conference�New York, NY�November 20, 2014��
Forward-Looking Statements
Use of Non-GAAP Measures
PolyOne Commodity to Specialty Transformation
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Confirmation of Our Strategy
Strategy and Execution Drive Results
Proof of Performance & 2015 Goals
32% Adjusted EPS CAGR from 2011
Innovation Drives Earnings Growth
A Rich Pipeline of Opportunity
Megatrends Aligned with Key End Markets
Debt Maturities & Pension Funding – 9/30/14
Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return
PolyOne Core Values
Why Invest In PolyOne?
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/therma-tech-thermally-conductive-formulations
A shift from metal to Therma-Tech™ formulation drives improved product line for LED component manufacturer
https://www.avient.com/knowledge-base/article/how-lightweight-automotive-components
What performance factors drive your preference for aluminum or steel in part design?
https://www.avient.com/company/policies-and-governance/colormatrix-europe-limited-modern-slavery-and-human-trafficking-statement-0
Our policies on slavery and human trafficking
The Avient Code of Conduct establishes a clear set of ethical and behavioral standards for the employees of Avient for our business conduct.
Organisations are being challenged to operate in a more transparent fashion and are expected to disclose more information than ever before; with that in mind, ColorMatrix intends to drive greater disclosure from our suppliers in order to better understand our supply chain and to mitigate any risks related to modern slavery.
https://www.avient.com/investor-center/news/avient-appoints-ashish-k-khandpur-chief-executive-officer-effective-december-1-2023
In addition, as a business leader at 3M he has demonstrated great success in using that expertise to drive sales and profit growth.
https://www.avient.com/products/polymer-additives
Three-Party Strategy for Bottle Manufacturing
Driving improvements in efficiency, sustainability, and product quality.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
The
expanding beverage market in Asia Pacific
and the ease of bottle-to-bottle recycling
is expected to drive further growth for this
use case.
For example, this
directive has set a target for plastic bottles.
These commitments and mandates will continue to drive the high and
increasing demand for recycled plastic bottles.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-belthose-reinforcement.pdf
FL.Datasheet Belt&Hose Reinforcement.indd
FIBER OPTICAL CABLES
Key Features
• Flexible & lightweight reinforcements
• Limited elongation & high strength
• Various twisted & corded constructions
available
• Significantly reduce fraying during
processing
• Metered lengths available
FIBER-LINE® FIBERS
FOR BELT & HOSE REINFORCEMENT
• Kevlar® Para-Aramid
• Vectran® Liquid Crystal Polymer (LCP)
• Carbon Fiber
• PET Polyester
• Technora®
FIBER-LINE® PERFORMANCE
ADDING COATINGS
• Bondcoat™:
Adhesion promotion to urethanes
Overview
• FIBER-LINE® produces various twisted and corded products for
re-inforcement in drive/timing belts and hoses.
POPULAR BELT & HOSE REINFORCEMENT PRODUCTS
Product ID
Coating
Base Fiber
Nominal
Break
Strength
Nominal
Yield
Geometry
Diameter
Notes
K1000T
FIBER-LINE®
43 LBs
(19 KGs)
12987 FT/LB
8725 M/KG
Round/Flat .374 mm
Twisted Kevlar
with heat-activated
K2160T
100 LBs
(45 KGs)
5847 FT/LB
3928 M/KG
Round/Flat .558 mm
Twisted Kevlar with
heat-activated
K1500 1x2x3
400 LBs
(180 KGs)
1366 FT/LB
917 M/KG
Round 1.22 mm
Twisted Kevlar cord
with heat-activated
V1500 2x3
Vectran
550 LBS
(250 KGs)
1373 FT/LB
921 M/KG
Round 1.305 mm
Twisted Vectran cord
with heat-activated
LOCATIONS
Headquarters, R&D, Manufacturing
FIBER-LINE® LLC
3050 Campus Drive
Hatfield, PA 19440
+1 215.997.9181
fiber@fiber-line.com
Manufacturing Operations
FIBER-LINE® LLC
280 Performance Drive SE
Hickory, NC 28602
+1 828.326.8700
fiber@fiber-line.com
EMEA & Asia Pacific Operations
FIBER-LINE® INTERNATIONAL B.V.
We believe that our ongoing
commitment to protect the environment, to remain at
the forefront of fiber and coating technology, and to
‘treat others as we want to be treated’ will continue to
drive the success of our customers, shareholders, and
employees.
https://www.avient.com/sites/default/files/2021-06/fl.a4.datasheet-technora.pdf
Key Features
• High tenacity & modulus
• Excellent abrasion & fatigue resistance
• Excellent chemical & steam resistance
• Very low creep
• High thermal stability
• Lower moisture regain than
other para-aramids
Disadvantages
• Lower modulus compared to carbon and
high modulus para-aramids
• Poor UV resistance
FIBER-LINE® PROCESS FOR
TECHNORA®
• Coating
• Twisting
• Polymer Jacket Extrusion
• Stranding
• Overbraiding
• Precision Winding
FIBER-LINE® TECHNORA® PRODUCTS
• Ripcords
• Strength Members
• Industrial Fabric Yarn
• Wire Harness Yarn
• Drive Belt & Hose Reinforcement
• Synthetic Wire Rope
WHY TECHNORA®?
TECHNORA®
TECHNORA® DATA
Standard Modulus
* Equilibrium moisture regain @ 55% RH ** Creep @ 40%-58% ultimate tensile strength *** Shrinkage in dry air @ 177 C for 30 minutes
LOCATIONS
Headquarters, R&D, Manufacturing
FIBER-LINE® LLC
3050 Campus Drive
Hatfield, PA 19440
+1 215.997.9181
fiber@fiber-line.com
Manufacturing Operations
FIBER-LINE® LLC
280 Performance Drive SE
Hickory, NC 28602
+1 828.326.8700
fiber@fiber-line.com
EMEA & Asia Pacific Operations
FIBER-LINE® INTERNATIONAL B.V.
We believe that our ongoing
commitment to protect the environment, to remain at
the forefront of fiber and coating technology, and to
‘treat others as we want to be treated’ will continue to
drive the success of our customers, shareholders, and
employees.