https://www.avient.com/sites/default/files/resources/POL%2520KeyBanc%2520IR%2520Presentation%2520w%2520non-GAAP%252009%252010%25202013.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated savings and
operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies;
Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being
accretive;
Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and
cost of credit in the future;
The financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate
liquidity) to maintain their credit availability;
The speed and extent of an economic recovery, including the recovery of the housing market;
Our ability to achieve new business gains;
The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks;
Changes in polymer consumption growth rates in the markets where we conduct business;
Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
Fluctuations in raw material prices, quality and supply and in energy prices and supply;
Production outages or material costs associated with scheduled or unscheduled maintenance programs;
Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital
reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
Our ability to continue to pay cash dividends;
The amount and timing of repurchases of our common shares, if any; and
Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and
changes in the rate of inflation.
• The above list of factors is not exhaustive.
• We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Use of Non GAAP Measures
Page 3
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
PolyOne S&P 500
Strategy and Execution Drive Results
Page 4
All time closing high of
$29.48
August 1, 2013
• 15 consecutive quarters of
double digit EPS growth
• 42% CAGR adjusted EPS
expansion 2006-2012
• YTD stock price has
increased 42% versus 20%
growth in the S&P
• 275% increase in market cap:
$0.7b $2.6b since 2006
The World’s Premier Provider of Specialized
Polymer Materials, Services & Solutions
Four Pillar Strategy
Page 5
PP&S
15%
Specialty
Distribution
25%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
2.50
$0.00
$0.25
$0.50
$0.75
$1.00
$1.25
$1.50
$1.75
$2.00
$2.25
$2.50
2006 2007 2008 2009 2010* 2011* 2012* 2015
Target
Ad
ju
st
ed
E
ar
ni
ng
s P
er
S
ha
re
Appliance
6%
Building &
Construction
13%
Wire & Cable
Electrical &
Electronics
4%
Consumer
Packaging
18%
Industrial
10%
Misc.
5%
HealthCare
Transportation
16%
Textiles
1%
United
States
70%
Europe
14%
Canada
8%
Asia
5%
Latin
America
3%
2012 Revenues: $4.0 Billion*
End Markets*
2012 Revenues: $4.0 Billion*
EPS
Page 6
* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms & excludes discontinued operations
PolyOne
At A Glance
* Restated to exclude discontinued operations
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
**Pro Forma results include Spartech and Glasforms acquisitions, Specialty Coatings reclass and excludes discontinued operations
2%
34% 43% 45%
60%
65-
75%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2012 2012 PF** 2015
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's PP&S Distribution Specialty
Specialty OI $5M $46M $87M $114M $150M Target
Mix Shift Highlights Specialty Transformation
2015
Target
Page 7
2006 H1 2013 2015
Where we were Where we are
Organic Consolidated
Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12.7% 12.6% 12 – 16%
Global Specialty Engineered
Materials 1.1% 10.9% 9.2% 12 – 16%
Designed Structures & Solutions — — 4.4% 8 – 10%
Performance Products &
Solutions 5.4% 8.1% 8.2% 9 – 12%
Distribution 2.6% 6.1% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 62% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 26%
Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 8
*Percentage of Specialty Platform revenue from products introduced in last five years
19.5%
46.5%
2006 Q2 2013
$20.3
$44.7
2006 TTM
Q2'13
14.3%
31.1%
2006 Q2 2013
Research & Development
Spending
Specialty Platform
Vitality Index Progression*
Innovation Drives Earnings Growth
($ millions)
Specialty Platform
Gross Margin %
Page 9
We are Experts in Polymer Science and Formulation
Polymer Science
Formulation
Chemistry
Processing
Inputs
Base Resins
Additives
Modifiers
Colorants
Specialized
Polymer Materials,
Services, and Solutions
Expertise
Satisfied
Consumers
PolyOne Customer
Innovative
Products & Services
Marketplace Demands
Performance Requirements
Value Drivers
Page 10
Positioned for Strong Growth
2015 Target
Rev: $5B
Adj.
Net debt $ 638.8
Adjusted EBITDA Q3 2012 Q4 2012 Q1 2013 Q2 2013 Total
PolyOne Income before income taxes $ 30.6 $ (1.1) $ 15.7 $ 62.9 $ 108.1
PolyOne Interest expense, net 12.4 13.7 15.6 16.6 58.3
PolyOne Depreciation and amortization 17.0 15.5 19.0 25.8 77.3
PolyOne Special items in EBITDA 8.3 26.5 27.7 (5.2) 57.3
PolyOne Adjusted EBITDA 68.3 54.6 78.0 100.1 301.0
Pro forma Spartech EBITDA 16.8 14.7 11.2 - 42.7
Pro forma EBITDA $ 85.1 $ 69.3 $ 89.2 $ 100.1 $ 343.7
PolyOne Investor Presentation�KeyBanc 2013 Capital Markets’ �Basic Materials & Packaging Conference��September 10th, 2013�
Forward – Looking Statements
Use of Non GAAP Measures
Strategy and Execution Drive Results
Four Pillar Strategy
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Proof of Performance & 2015 Goals
Innovation Drives Earnings Growth
We are Experts in Polymer Science and Formulation
Positioned for Strong Growth
First Half 2013 Financial Highlights
Debt Maturities & Liquidity Summary – 6/30/13
Use of Cash
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2024-05/Edgetek Engineered Polymer Formulations - E-cigarette Housing-Case study snapshot.pdf
E-CIGARETTE
MANUFACTURER
H O U S I N G
• Special effect finish
• Halogen-free flame-retardant material
• High production efficiency
• Provided PC formulation with customized
speckle effect to meet specific color and
surface expectations
• Passed UL 94 V-0 flame retardant test at
1.0 mm
• Offered better impact strength than
competitor‘s PC material, and passed the
drop testing
• Eased processing with high-flow material
Edgetek Engineered Polymer Formulations
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
SPECKLE EFFECT+ FLAME RETARDANT
LEARN MORE
Copyright © 2024, Avient Corporation.
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/edgetek-engineered-polymer-formulations
Slide 1: E-Cigarette manufacturer
https://www.avient.com/sites/default/files/2023-05/Cesa Light Diffusion Additives for Automotive - Product Overview.pdf
Ready to learn more about Avient’s light diffusion additives?
With this information, we can begin to develop a formulation to meet your application’s requirements.
www.avient.com
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2020-10/edgetek-peek-product-selection-guide.pdf
Avient’s specialty Edgetek™ PEEK formulations are capable of withstanding extreme
operating environments, and should be considered for use particularly where other engineered polymers
have failed.
Ideal for metal replacement, these formulations can deliver robust performance in harsh
environments without compromising physical integrity.
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2023-04/Heavy Duty Connectors Application Snapshot.pdf
ELECTRICAL PARTS
MANUFACTURER
H E A V Y D U T Y C O N N E C T O R S
A N D A C C E S S O R I E S
• Reduce material rematching and rejection through more
efficient pre-testing
• Improve processing efficiencies and color consistency in
highly FR-filled and high-temperature resins
• Achieve regulatory compliance across multiple resin
families
• Gain better supply chain control to manage scarcity of key
engineering resins and changing resin producers
• Offered eight UL 94-recognized sites in U.S.
and Canada that perform comprehensive
analytical, physical and mechanical testing
• Provided increased speed to market and
expedited design timelines for new products
using existing standardized and pre-
approved color palettes
• Ensured regulatory compliance and security
of supply
OnColor™ UL 94 Colorants
KEY REQUIREMENTS
WHY AVIENT
AVIENT SOLUTION
QUALITY + SPEED TO MARKET
LEARN MORE
© 2023, Avient Corporation, All Rights Reserved
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-ul94-colorants
https://www.avient.com/sites/default/files/2025-02/Maxxam_ Polyolefin Formulations- Coaxial Signal Cable Jacket - case study snapshot.pdf
AUTO DATA CABLE
MANUFACTURER
C O A X I A L S I G N A L C A B L E
J A C K E T
• Provide good chemical resistance like that of machine oil
• Pass 3,000 hours aging test of finish goods
• Have low dielectric property - characteristic impedance of
transmission line: 100Ω, capacitance in water: around
102.8pf/m
• Provided excellent performance with low
dielectric constant to make the jacket layer
of signal cables have low capacitance loss
• Offered a solution by combining physical
and chemical foaming products in the
foaming layer to reduce the dielectric
constant further
• Maintained exceptional mechanical
properties under high temperatures
Maxxam Polyolefin Formulations
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
PERFORMANCE + LOW DIELECTRIC CONSTANT
LEARN MORE
Copyright © 2025, Avient Corporation.
All Rights Reserved
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/maxxam-polyolefin-formulations
Slide 1: Auto data Cable manufacturer
https://www.avient.com/sites/default/files/2020-09/oncap-hc-product-bulletin.pdf
OnCap™ HC and HC Plus Additives are specially
formulated to meet material performance
requirements in today’s healthcare environments.
Avient makes no warranties or
guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
You have the responsibility to conduct full-scale end-product performance testing
to determine suitability in your application, and you assume all risk and liability arising from your use of the information and/or use or handling of any product.
https://www.avient.com/resources/safety-data-sheets?page=7111
NORTH AMERICA (Goods manufactured by Avient): Use the search boxes on the current page to use the online search for SDS for products manufactured by Avient.
CORE(TM) DB5699 RED ELECTRICAL FR NP
DB5713A DARK GRAY ELECTRICAL
https://www.avient.com/sites/default/files/2023-11/reSound BIO TPEs Technical Bulletin.pdf
Initially available in overmolding grades compatible
with PP, all grades are formulated to achieve
comparable performance to traditional TPEs.
Avient can also develop custom bio-based
formulations that expand on the initial reSound BIO
portfolio.
Avient makes no warranties or
guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.
https://www.avient.com/company/sustainability/sustainability-report
Sustainability is integral to achieving Avient’s vision, mission and performance.
Avient Employees Share Inspiring Sustainability Stories
How Avient Innovation Enables Sustainability