https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
Refer to
Attachment 7 Reconciliation of Non-GAAP Financial Measures for details regarding adjustments to
previously reported results to arrive to the pro forma financial metrics.
# #
7
Investor Relations Contact:
Giuseppe (Joe) Di Salvo
Vice President, Treasurer and Investor Relations
Avient Corporation
+1 440-930-1921
giuseppe.disalvo@avient.com
Media Contact:
Kyle G.
See
Attachment 3 for a definition and summary of special items and Attachment 7 for a summary of pro forma adjustments associated
with the APM Acquisition.
https://www.avient.com/sites/default/files/resources/POL%2520Sidoti%2520IR%2520Presentation%2520w%2520Non%2520GAAP%25203%252018%25202014.pdf
Use of Non-GAAP Measures
Page 3
PolyOne Commodity to Specialty Transformation
Page 4
• Continue specialty
transformation
• Targeting $2.50
Adjusted EPS by
2015, nearly
double 2013 EPS
• Drive double digit
operating income
and adjusted EPS
growth
• 17 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
• 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
• Volume driven,
commodity
producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2013 2014 and beyond
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$38.38
March 7th, 2014
• 17 consecutive quarters of
double digit EPS growth
• 49% CAGR adjusted EPS
expansion 2006-2013
• 2013 stock price increased
73% versus 30% growth in the
S&P
• More than seven fold increase in
market cap: $0.5b $3.6b
Strategy and Execution Drive Results
Page 5
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
United
States
66%
Europe
14%
Canada
7%
Asia
6%
Latin
America
7%
PP&S
20%
Specialty
53%
Distribution
27%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
1.31
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 2013 2015
Target
A
dj
us
te
d
Ea
rn
in
gs
P
er
S
ha
re
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
EPS
Page 6
PolyOne
At A Glance
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34%
43%
62%
65-
75%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2015
%
o
f O
pe
ra
ti
ng
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Specialty OI $5M $46M $87M $195M Target
Mix Shift Highlights Specialty Transformation
2015
Target
Page 7
2006 2013 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12.2% 12 – 16%
Global Specialty Engineered
Materials 1.1% 9.3% 12 – 16%
Designed Structures & Solutions -- 5.6% 8 – 10%
Performance Products &
Solutions 5.4% 7.2% 9 – 12%
Distribution 2.6% 5.9% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 62% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.1% 15%
4) Adjusted EPS Growth N/A 31%
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
Bridge To $2.50 Adjusted EPS By 2015
2015 EPS: $2.50
2013 EPS: $1.31
Mid single digit
revenue CAGR
Page 9
Mergers & Acquisitions
Spartech accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation &
Mix Improvement
Innovation Drives Earnings Growth
$20.3
$52.3
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 10
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 11
Unique and Innovative Solutions that Help
Customers Win
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
Net Debt / EBITDA* = 1.8x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Significant Debt Maturities
As of December 31, 2013
($ millions)
Page 12
Coupon Rates: 7.500% 7.375% 5.250%
Debt Maturities & Pension Funding – 12/31/13
*TTM 12/31/2013 ** includes US-qualified plans only
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2013
Pension Funding**
As of December 31, 2013
Free Cash Flow and Strong Balance Sheet Fund Investment
• Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
• Synergy opportunities
• Adjacent material solutions
• Expanding our sales,
marketing, and technical
capabilities
• Investing in operational and
LSS initiatives (including
synergy capture)
• Manufacturing alignment Organic
Growth
Share
Repurchases
Dividends
Acquisitions
Page 13
$0.16
$0.20
$0.24
$0.32
$0.00
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
• Repurchased ~5 million
shares in 2013
• 15 million shares
are available for
repurchase under
the current
authorization
The New PolyOne: A Specialty Growth Company
2015 Target: $2.50 Adjusted EPS
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-processing-guide.pdf
Base Resin ABS PA PBT PC PE PEEK PP PPS
Barrel Temperatures °F (°C)
Rear Zone 400–475(200–250)
480–540
(248–282)
480–520
(250–270)
480–570
(250–300)
400–445
(200–230)
660–700
(350–475)
400–440
(200–225)
520–600
(270–300)
Center Zone 410–480(205–253)
490–550
(254–287)
485–525
(251–273)
500–580
(260–305)
410–455
(207–237)
670–710
(357–385)
410–450
(205–230)
550–610
(285–310)
Front Zone 420–490(210–257)
500–560
(260–293)
490–530
(254–276)
515–590
(267–310)
420–465
(213–243)
680–720
(363–400)
420–455
(215–235)
570–620
(300–320)
Nozzle 425–500(215–260)
510–570
(265–298)
490–540
(254–282)
530–600
(275–315)
430–475
(220–250)
700–730
(370–395)
430–460
(220–240)
610–620
(320–325)
Melt Temperature 425–515(215–270)
510–570
(265–298)
490–540
(254–282)
530–615
(275–325)
430–495
(220–260)
700–725
(370–385)
430–475
(220–250)
610–635
(320–335)
Mold Temperature 140–200(60–90)
150–300
(65–148)
140–280
(60–137)
160–240
(70–115)
80–140
(25–60)
300–400
(150–200)
80–140
(25–60)
190–300
(90–150)
Drying Parameters
190 (90)
2–4 Hours
0.01%–0.15%
180 (82)
4–5 Hours
0.10%–0.20%
275 (135)
3–4 Hours
0.02%–0.04%
250 (125)
3–4 Hours
0.02%
160 (70)
2 Hours
300 (150)
3–4 Hours
0.10%
160 (70)
2 Hours
280 (135)
2–3 Hours
0.01%–0.20%
Nozzle Type General Purpose Nylon or Reverse Taper General Purpose General Purpose General Purpose General Purpose General Purpose General Purpose
Injection Velocity1 2–5 in/sec; 50–127 mm/sec
Injection Pressure Medium to high (may range from 1,000–4,000 psi; 7-28 Mpa)
Back Pressure 50–100 psi; 0.3–0.7 Mpa
Screw Speed 25–75 RPM
Cushion 0.125–0.250 in; 3–6 mm
Screw Compression Ratio2 2.0:1–2.5:1
Processing Guide 3
Base Resin ABS PA PBT PC PE PEEK PP PPS
Barrel Temperatures °F (°C)
Rear Zone 400–475(200–250)
480–540
(248–282)
480–520
(250–270)
480–570
(250–300)
400–445
(200–230)
660–700
(350–475)
400–440
(200–225)
520–600
(270–300)
Center Zone 410–480(205–253)
490–550
(254–287)
485–525
(251–273)
500–580
(260–305)
410–455
(207–237)
670–710
(357–385)
410–450
(205–230)
550–610
(285–310)
Front Zone 420–490(210–257)
500–560
(260–293)
490–530
(254–276)
515–590
(267–310)
420–465
(213–243)
680–720
(363–400)
420–455
(215–235)
570–620
(300–320)
Nozzle 425–500(215–260)
510–570
(265–298)
490–540
(254–282)
530–600
(275–315)
430–475
(220–250)
700–730
(370–395)
430–460
(220–240)
610–620
(320–325)
Melt Temperature 425–515(215–270)
510–570
(265–298)
490–540
(254–282)
530–615
(275–325)
430–495
(220–260)
700–725
(370–385)
430–475
(220–250)
610–635
(320–335)
Mold Temperature 140–200(60–90)
150–300
(65–148)
140–280
(60–137)
160–240
(70–115)
80–140
(25–60)
300–400
(150–200)
80–140
(25–60)
190–300
(90–150)
Drying Parameters
190 (90)
2–4 Hours
0.01%–0.15%
180 (82)
4–5 Hours
0.10%–0.20%
275 (135)
3–4 Hours
0.02%–0.04%
250 (125)
3–4 Hours
0.02%
160 (70)
2 Hours
300 (150)
3–4 Hours
0.10%
160 (70)
2 Hours
280 (135)
2–3 Hours
0.01%–0.20%
Nozzle Type General Purpose Nylon or Reverse Taper General Purpose General Purpose General Purpose General Purpose General Purpose General Purpose
Injection Velocity1 2–5 in/sec; 50–127 mm/sec
Injection Pressure Medium to high (may range from 1,000–4,000 psi; 7-28 Mpa)
Back Pressure 50–100 psi; 0.3–0.7 Mpa
Screw Speed 25–75 RPM
Cushion 0.125–0.250 in; 3–6 mm
Screw Compression Ratio2 2.0:1–2.5:1
Comments
1.
Move gate location
Processing Guide 7
Problem Cause Solution
Warp
Excessive
Orientation
1.
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
Rose
Vice President, Marketing and Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
mailto:giuseppe.disalvo@avient.com
mailto:kyle.rose@avient.com
7
Attachment 1
Avient Corporation
Summary of Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
March 31,
2023 2022
Sales $ 845.7 $ 892.2
Operating Income 57.1 102.2
Net income from continuing operations attributable to Avient shareholders 20.8 64.4
Basic earnings per share from continuing operations attributable to Avient shareholders $ 0.23 $ 0.70
Diluted earnings per share from continuing operations attributable to Avient shareholders $ 0.23 $ 0.70
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 attributable to Avient shareholders, excluding special items,
to assess performance and facilitate comparability of results.
See
Attachment 3 for a definition and summary of special items and Attachment 7 for a summary of pro forma adjustments associated
with the APM Acquisition.
Three Months Ended
March 31,
2023 2022
Sales:
Color, Additives and Inks $ 537.0 $ 649.5
Specialty Engineered Materials 309.7 243.1
Corporate (1.0) (0.4)
Sales $ 845.7 $ 892.2
Gross margin:
Color, Additives and Inks $ 162.0 $ 192.1
Specialty Engineered Materials 93.9 68.4
Corporate (8.3) (6.1)
Gross margin $ 247.6 $ 254.4
Selling and administrative expense:
Color, Additives and Inks $ 96.4 $ 97.6
Specialty Engineered Materials 50.8 30.1
Corporate 43.3 24.5
Selling and administrative expense $ 190.5 $ 152.2
Operating income:
Color, Additives and Inks $ 65.6 $ 94.5
Specialty Engineered Materials 43.1 38.3
Corporate (51.6) (30.6)
Operating income $ 57.1 $ 102.2
Depreciation & amortization:
Color, Additives and Inks $ 25.8 $ 26.0
Specialty Engineered Materials 21.2 7.8
Corporate 3.5 3.8
Depreciation & Amortization $ 50.5 $ 37.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 91.4 $ 120.5
Specialty Engineered Materials 64.3 46.1
Corporate (48.1) (26.8)
Other income (expense), net 0.7 (0.6)
EBITDA $ 108.3 $ 139.2
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-de-a4.pdf
Globale
Kartellrichtlinie
von Avient
Aktualisiert: Februar 2021
Inhalt
Überblick über die Richtlinie 1
Ein Überblick über die US-Kartellgesetze 2
Verstöße gegen das Kartellrecht 3
Potenzielle Problembereiche in Bezug auf das Kartellrecht 4
Fazit 6
Meldung möglicher Verstöße 7
Ethik-Hotline von Avient 7
Schutz vor Vergeltungsmaßnahmen 7
Checkliste Kartellrecht 8
Kurzübersicht: RICHTIG und FALSCH im Kartellrecht 10
Compliance-Leitfaden
Avient verpflichtet sich zur Förderung eines fairen
und freien Wettbewerbs.
Website der Ethik-Hotline
https://www.Avient.com/company/policies-and-
governance/ethics-hotline
Telefonisch eingehenden Meldungen an die
Ethik-Hotline
1-877-228-5410
7
Inhalt Überarbeitete Kartellrichtlinie 2021
mailto:ethics.officer%40avient.com?
Unterlassen Sie die Teilnahme an Treffen mit
Wettbewerbern (einschließlich Zusammenkünften
von Fachverbänden), bei denen Preise oder eines der
oben genannten Themen erörtert werden.
7.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-pol-a4.pdf
Globalna polityka
antymonopolowa
firmy Avient
Aktualizacja: Luty 2021
Spis treści
Ogólny zarys niniejszej polityki 1
Ogólny zarys amerykańskich Przepisów antymonopolowych 2
Naruszenie prawa antymonopolowego 3
Potencjalne obszary zainteresowania w ramach antymonopolu 3
Wniosek 6
Zgłaszanie możliwych naruszeń 7
Infolinia ds. etyki Avient 7
Ochrona przed działaniami odwetowymi 7
Antymonopolowa lista kontrolna 8
Krótkie podsumowanie: CO ROBIĆ, a CZEGO NIE ROBIĆ w kontekście przepisów antymonopolowych 10
Przewodnik dotyczący zgodności
Avient zobowiązuje się do promowania uczciwej
konkurencji i wolnej przedsiębiorczości na rynku.
Stronę infolinii ds. etyki
https://www.Avient.com/company/policies-and-
governance/ethics-hotline
Telefoniczna
1-877-228-5410
7
Spis treści Zaktualizowana Polityka antymonopolowa na rok 2021
mailto:ethics.officer%40avient.com?
Nie uczestnicz w spotkaniach z konkurentami (w
tym w spotkaniach stowarzyszeń branżowych),
podczas których omawiane są ceny lub którykolwiek
z powyższych tematów.
7.
https://www.avient.com/sites/default/files/2022-08/Environmental Stress Cracking Resistance _ESCR_ Design Guide %281%29.pdf
Figure 7 shows how the rib creates a thick
region .
The design of a rib
should be derived from the structural, flow, and
assembly requirements of the part .2
FIGURE 5 - Proper contour design
FIGURE 6 - Drafting guidelines for
nominal wall thickness
FIGURE 7 - Wall thickness changes
due to rib placement
FIGURE 8 - Rib design guidelines
ESCR Design Guide 3
BOSSES
A boss, demonstrated in Figure 9, is a protruding
feature that allows for fastening components .
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520BOAML%2520Basic%2520Materials%2520Conference%2520w%2520non-GAAP%252012%252011%25202014.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
6%
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% Asia6%
Latin
America
6%
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.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Jefferies%2520Conf%2520w%2520Non%2520GAAP%252008%252012%25202014.pdf
PolyOne Corporation Page 3
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
• 19 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, nearly double
2013 EPS
• Drive double digit
operating income
and adjusted EPS
growth
PolyOne Corporation Page 4
Building &
Construction
13%
Industrial
12%
Transportation
18%
Wire & Cable
9%
Packaging
16%
Consumer
10%
HealthCare
11% Appliance
6%
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% Asia6%
Latin
America
6%
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 5
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
66%
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 $129M Target
Mix Shift Highlights Specialty Transformation
2015
Target
PolyOne Corporation Page 6
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 7
-150%
-50%
50%
150%
250%
350%
450%
550%
POL S&P 500
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.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Credit%2520Suisse%2520w%2520non%2520GAAP%25206%252025%25202014.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
• 18 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
• Targeting $2.50
Adjusted EPS by
2015, nearly double
2013 EPS
• 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
6%
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
6%
Latin
America
6%
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 Transformation
*Operating Income excludes corporate charges and special items
2%
34%
43%
62% 64%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 Q1 2014 2015
%
o
f
O
p
e
ra
ti
n
g
I
n
c
o
m
e
*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $60M Target
Mix Shift Highlights Specialty 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
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
550.00%
POL S&P 500
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.