Digitization Strategy The global regulatory environment of today is more complex than ever before. Khandpur President and Chief Executive Officer, Avient Corporation Neil Green Executive Vice President and Chief Digital Officer, Otis Worldwide Corporation Ernest Nicolas Chief Supply Chain Officer, HP Inc. 

Senior Vice President, Global Operations and Process Improvement WOON KEAT MOH Senior Vice President, President of Color, Additives and Inks, Americas and Asia RAJESH NAGARAJAN Vice President, Chief Digital Officer CHRISTOPHER L. GOFF Former Chairman, President and Chief Executive Officer, Andeavor Committees: 3*, 4 NEIL GREEN Executive Vice President and Chief Digital Officer, Otis Worldwide Corporation Committees: 1, 4 WILLIAM R.

GOFF Former Chairman, President and Chief Executive Officer, Andeavor Committees: 3*, 4 NEIL GREEN Executive Vice President and Chief Digital Officer, Otis Worldwide Corporation WILLIAM R. GOFF Former Chairman, President and Chief Executive Officer, Andeavor Committees: 3*, 4 NEIL GREEN Executive Vice President and Chief Digital Officer, Otis Worldwide Corporation WILLIAM R.

And most importantly, it was a year in which we built upon our previous momentum: • The fourth quarter of 2014 marked our 21st consecutive quarter of strong double-digit adjusted EPS growth • Adjusted EPS for the full year was $1.80, an all-time record, representing a 37 percent increase over 2013 • We have delivered a 40 percent adjusted EPS CAGR since our transformation began in 2006 • Since 2009, our Total Shareholder Return of 430 percent is more than double that of the S&P Mid Cap Chemicals index Upon becoming the CEO in May, I committed that certain aspects of our company would not change—our culture and values, our performance targets, our unique ability to execute with excellence, and our proven strategy. S&P POL S&P MID CAP CHEMICALS S&P 500 1.7% 1.1% 1.4% (2012) 5.5% 2.6% 6.0% 5.0% N/A 14.7% 12.1% 7.3% 7.7% 6.1% 65% 11.3% 37% 12%–16% 12%–16% 8%–10% 9%–12% 6%–7.5% 65%–75% 15% Double Digit Expansion Operating Income % Specialty: • Global Color, Additives & Inks • Global Specialty Engineered Materials • Designed Structures & Solutions Performance Products & Solutions Distribution Specialty Platform % of Operating Income ROIC* Adjusted EPS Growth 2015 TARGET (Established 2012) (Where we are) 2006 (Where we were) *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period ΔDefined as the average thirteen months of accounts receivable, plus inventory, less accounts payable divided by full year sales 5 United States Securities and Exchange Commission Washington, DC 20549 FORM 10-K Í ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2014 ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to .

Ultimately, our results fell just short of our goal of annual double-digit EPS expansion. STOCK PERFORMANCE PolyOne’s stock performance has significantly outpaced the S&P 500 index and the S&P Mid Cap Chemicals index. 12.31.09 12.31.10 12.31.11 12.31.12 12.31.13 12.31.14 12.31.15 Operating Income % Color, Additives & Inks Designed Structures & Solutions PP&S Distribution   Specialty Platform Operating Income % of Total ROIC** (after-tax) Adjusted EPS Growth 2006 “Where we were” 1.7% 1.1% — 5.5% 2.6% 6.0% 5.0% N/A 2015 “Where we are” 16.7% 14.7% 3.0% 8.3% 6.6% 65% 11.8% 25 Consecutive Quarters of YOY EPS Growth 2020 Platinum Vision 20% + 20% + 12–14% 10–12% 6.5–7.5% 80% + 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 500 400 300 200 100 P ER CE NT AG POL S&P MID CAP CHEMICALS S&P 500 ANNUAL REPORT 2015 SPECIALTY DISTRIBUTION PP&S JV’S O F O PE RA TI NG IN CO M 2005 2007 2009 2011 2013 2015 OPERATING INCOME MIX SHIFT*^ 100 80 60 40 20 100+100+100+100+10050+77+80+97+100+10010+32+53+82+82+841+18+34+51+61+64 *Operating Income excludes Corporate charges and special items ^2005–2009 has not been restated for subsequent changes in accounting principles or discontinued operations +5 +33 +41 +50 +65 +90 +98 2.00 1.80 1.60 1.40 1.20 1.00 .80 .60 .40 .20 2009 2010 2011 2012 2013 2014 2015 ADJUSTED EARNINGS PER SHARE ◊† U.

GOFF Former Chairman, President and Chief Executive Officer, Andeavor Committees: 3*, 4 NEIL GREEN Executive Vice President and Chief Digital Officer, Otis Worldwide Corporation Committees: 1, 4 WILLIAM R.

Here are some noteworthy examples and record- setting performances from 2012: Financial Highlights Our adjusted EPS of $1.20 for 2012 represented a new record for PolyOne and an 18 percent increase over 2011, extending our consecutive streak of double-digit adjusted EPS expansion to 13 quarters.

In doing so, we extended our streak to 17 consecutive quarters of double-digit adjusted EPS expansion and a growth CAGR of 25 percent over this period.

At our Investor Day in May of last year, we communicated a path to achieving sustainable double digit annual adjusted EPS growth and 16–17% Return on Invested Capital (ROIC).

Digital platforms for continuous engagement have been leveraged so stockholders can access updates, submit feedback, and engage in discussions about the company’s carbon transition efforts.