https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Wells%2520Fargo%252005%252008%25202014%2520w%2520non%2520GAAP.pdf
Use of Non-GAAP Measures
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
• 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
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$39.28
April 4th, 2014
• 18 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 6
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
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 7
PolyOne
At A Glance
United
States
67%
Europe
14%
Canada
7% Asia6%
Latin
America
6%
Specialty
54%
PP&S
18%
Distribution
28%
Mix Shift Highlights Specialty Transformation
Page 8
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
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $60M Target
2015
Target
Proof of Performance & 2015 Goals
Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials 1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions 5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 64% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42% Double DigitExpansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement Several Levers to
Drive Growth
Mid single digit revenue CAGR
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 11
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
42.0%
2006 Q1 2014
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 12
Unique and Innovative Solutions
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
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales,
marketing, and technical
capabilities
Investing in operational and
initiatives that drive
profitability growth
Manufacturing realignment
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million
shares in Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for repurchase
under the current
authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2023-01/Avient Audit Committee Charter.pdf
The
Audit Committee Charter was first adopted by the Board on September 6, 2000 and amended
subsequently, the last amendment being July 14, 2021.
Discuss with management and the independent auditor the effect of regulatory and accounting
initiatives, as well as off-balance-sheet structures on the Company’s financial statements.
6.
Periodically review with the chief legal officer any legal or regulatory proceedings or matters or
other contingent liabilities, including any correspondence with, or other actions by, regulators or
governmental agencies, that may have a material impact on the Company’s financial statements
or compliance programs, along with any material pending claims and litigation involving the
Company.
6.
https://www.avient.com/sites/default/files/2022-11/Nymax and Versaflex Compound Bow Grip Application Snapshot %281%29.pdf
ARCHERY OEM
C O M P O U N D B O W G R I P
• UV resistant and colorable TPE for haptics
• Substrate with structural integrity to support 70-80 lbs of
torque during draw and excellent dimensional stability to
ensure bow accuracy and precision
• Reliability of supply while also offering comparable
performance to incumbent materials
Nymax™ 1010A PA 6 Nylon Formulation &
Versaflex™ OM 6160 TPE
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-01/Nymax Motorcycle Trunk Application Snapshot.pdf
TRANSPORTATION
OEM
A F T E R M A R K E T M O T O R C Y C L E
T R U N K L I D & B A S E
• Maintain physical performance of incumbent 30% glass
fiber nylon while improving sink and warp issues
• Black with an easy-to-paint surface
• UV resistant
• Collaborated to rapidly provide an alternative
material with excellent balance of physical
properties and durability
• Achieved comparable performance while
improving paintability
• Quickly provided samples and offered on-site
application development and technical
support at molding trials
Nymax™ Glass and Mineral Fiber Reinforced
Nylon 6 Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/PDI_Case_Study_-_Medical_Device_0.pdf
PDICaseStudy.indd
8 . 5 i n
11
.6
8
7
5
in
8 . 7 5 i n
11
.9
3
7
5
in
8 . 2 5 i n
11
in
PDI Solution Boosts Long-Term
Medical Device Performance
Spinal disc replacement manufacturer relies on quality
analysis and manufacturing solutions from Polymer
Diagnostics to help its breakthrough product reach far
beyond durability requirements.
Asset No. 76593C M Y K PDICaseStudy.indd REMAY 76593 trim: 8.5in x 11in and 8.25in x 11.6875in bleed: 8.75in x 11.9375in Digital/IAM
8 . 5 i n
11
.6
8
7
5
in
8 . 7 5 i n
11
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3
7
5
in
8 . 2 5 i n
11
in
w w w. p o l y m e r d i a g n o s t i c s . c o m
Copyright © 2008, Polymer Diagnostics Inc.
https://www.avient.com/sites/default/files/2020-09/versaflex-pf-technical-bulletin-sept-2020-pt-br.pdf
OS BENEFÍCIOS DO VERSAFLEXTM
PF PARA PELÍCULAS PROTETORAS
DE SUPERFÍCIE:
• Aderência personalizável
• Processo de fabricação de etapa única
(coextrusão)
• Baixas emissões de compostos orgânicos
voláteis (COV) durante a fabricação
• Elimina operações secundárias de
revestimento e secagem
• Elimina produtos químicos líquidos
perigosos em comparação com os sistemas
de solventes
• Reduz custos de conversão em comparação
com revestimento
• Reduz o consumo de energia
MERCADOS E APLICAÇÕES
As formulações Versaflex PF, personalizáveis
com base no nível desejado de aderência, são
coextrudadas com películas protetoras para
fornecer apenas a quantidade certa de proteção
durante a fabricação, montagem, envio,
armazenamento e instalação de produtos
acabados em muitas indústrias e aplicações
de uso final, incluindo:
• Películas ópticas e painéis de exibição
de eletrônicos para o consumo
• Eletrodomésticos
• Construção e materiais de construção
• Móveis e armários
• Automotivo e outros transportes
100/0 90/10 80/20 70/30 60/40 40/60 30/70 20/80 10/90 0/100
0,9
1,1
2,0
2,4
2,8
3,7
3,8
4,9
0
1
2
3
4
5
6
7
8
6,5
1,6
Versaflex PF
MD6727
Versaflex PF
MD6748
Versaflex PF
MD6700
Versaflex PF
MD6666
Versaflex PF
9512
Versaflex PF
MD6649
Versaflex PF
MD6741
0
2
4
6
8
10
12
% de MD6741/MD6700
O grau de aderência pode ser personalizado para superfícies de substrato.
https://www.avient.com/sites/default/files/2020-09/versaflex-pf-technical-bulletin-sept-2020.pdf
BENEFITS OF VERSAFLEX PF FOR
SURFACE PROTECTIVE FILMS:
• Customizable tack
• Single-step manufacturing process (co-
extrusion)
• Low volatile organic compound (VOC)
emissions during manufacturing
• Eliminates secondary coating and drying
operations
• Eliminates hazardous liquid chemicals
compared to solvent systems
• Reduces converting costs versus coating
• Reduces energy consumption
MARKETS AND APPLICATIONS
Versaflex PF formulations, customizable
based on desired level of tack, are co-extruded
with protective films to provide just the right
amount of protection during the fabrication,
assembly, shipment, storage and installation of
finished goods in many industries and end-use
applications including:
• Optical films and display panels for consumer
electronics
• Home appliances
• Construction and building materials
• Furniture and cabinetry
• Automotive and other transportation
100/0 90/10 80/20 70/30 60/40 40/60 30/70 20/80 10/90 0/100
0.9
1.1
2.0
2.4
2.8
3.7
3.8
4.9
0
1
2
3
4
5
6
7
8
6.5
1.6
Versaflex PF
MD6727
Versaflex PF
MD6748
Versaflex PF
MD6700
Versaflex PF
MD6666
Versaflex PF
9512
Versaflex PF
MD6649
Versaflex PF
MD6741
0
2
4
6
8
10
12
% of MD6741/MD6700
Degree of tack can be customized for substrate surfaces.
https://www.avient.com/sites/default/files/2023-04/Advanced simulation captures part performance for fibre reinforced thermoplastics_Case_Study.pdf
Figure 1: Tensile test data as a function of the fibre orientation 0°
(orange), 45° (green), 90° (blue)
https://www.hexagonmi.com
Figure 4: Failure location in the flexural test for the isotropic modelling
Figure 6: Failure location in the tensile test for the isotropic modelling
approach (left), Digimat anisotropic modelling approach (middle) and
reality (right)
Figure 3: Flexural test results with the isotropic modelling approach
(orange) and Digimat anisotropic modelling approach (green)
Figure 5: Tensile test results with the isotropic modelling approach
(orange) and Digimat anisotropic modelling approach (green)
Figure 5 shows the tensile test results with, again,
a convincing advantage for the Digimat anisotropic
modelling approach against the isotropic modelling
approach.
In Figure 6, the failure locations in the tensile tests are
shown for the isotropic and Digimat anisotropic modelling
approaches respectively.
https://www.avient.com/sites/default/files/2021-10/information-systems-use-policy-final-9.1.2021.pdf
Information Systems Use Policy
Effective date: September 1, 2021
Available on the Avient Ethics & Corporate Policies Page on the Loop
Confidential 2 Avient IT Department
Information Systems Use Policy September 1, 2021
Table of Contents
Purpose .......................................................................................................................................................... 3
Scope.............................................................................................................................................................. 3
Usage ............................................................................................................................................................. 3
Expectations for Use of Information Systems ........................................................................................... 3
Prohibited Uses of Information Systems ................................................................................................... 3
Personal Use .............................................................................................................................................. 4
Social Media .............................................................................................................................................. 4
Enforcement and Monitoring ......................................................................................................................... 4
Questions and Additional Information .......................................................................................................... 5
Document Change and Review History ........................................................................................................ 5
Appendix A: Definitions................................................................................................................................ 6
Confidential 3 Avient IT Department
Information Systems Use Policy September 1, 2021
PURPOSE
This Information Systems Use Policy (“Policy”) establishes acceptable and prohibited uses of Avient’s
Information Systems to protect Avient and its employees and affiliates from both intentionally and
unintentionally harmful actions by Users.
http://polynet/ethics/Portals/23/documents/Cyber%20and%20Data%20Incident%20Response%20Policy/Cyber_Incident_Response_Policy-September%202018_EN%20-%20v1.pdf
http://polynet/ethics/Portals/23/documents/Cyber%20and%20Data%20Incident%20Response%20Policy/Cyber_Incident_Response_Policy-September%202018_EN%20-%20v1.pdf
Confidential 6 Avient IT Department
Information Systems Use Policy September 1, 2021
APPENDIX A: DEFINITIONS
In addition to those terms defined within the body of this Policy, the following definitions are
used:
“Avient Data” – includes (a) all data and information generated, stored, collected, or processed by Avient
through Information Systems; (b) all information under the control of Avient and originating from,
belonging to, or received from customers, suppliers, or third parties; (c) all data and information regarding
intellectual property of Avient; and (d) purely intra-Avient information connected to individual employees,
such as Information System usernames, passwords, and company ID.
https://www.avient.com/sites/default/files/2024-11/Stan-Tone HC Plus Product Bulletin_0.pdf
Specific
Gravity
Color
Index
Heat
Stability (F)
Light-
fastness
Carrier
White
HC Plus-35000 Titanium Dioxide 60 1.78 White 6 Above 400° I/O LSR
HC Plus-35100 Titanium Dioxide 75 2.31 White 6 Above 400° I/O HCR
Yellow
HC Plus-35011 Benzimidazolone Yellow 10 1.01 Yellow 180 350°–400° I/O (MASS) LSR
HC Plus-35111 Benzimidazolone Yellow 24 1.49 Yellow 180 350°–400° I/O (MASS) HCR
Orange
HC Plus-35020 Monoazo Orange 10 1.02 Orange 64 350°–400° I/O LSR
HC Plus-35120 Monoazo Orange 25 1.19 Orange 64 350°–400° I/O HCR
Red
HC Plus-35032 Red Iron Oxide VYS 50 1.60 Red 101 Above 400° I/O LSR
HC Plus-35132 Red Iron Oxide VYS 70 2.17 Red 101 Above 400° I/O HCR
HC Plus-35031 Special Azoic 15 1.03 Red 187 350°–400° I/O LSR
HC Plus-35131 Special Azoic 33 1.33 Red 187 350°–400° I/O HCR
Blue
HC Plus-35040 3 Phthalocyanine Blue GS 25 1.07 Blue 15 Above 400° I/O LSR
HC Plus-35140 3 Phthalocyanine Blue GS 40 1.42 Blue 15 Above 400° I/O HCR
HC Plus-35041 Ultramarine Blue 45 1.32 Blue 29 Above 400° I/O LSR
HC Plus-35141 Ultramarine Blue 60 1.51 Blue 29 Above 400° I/O HCR
Green
HC Plus-35050 Phthalocyanine Green 25 1.13 Green 7 Above 400° I/O LSR
HC Plus-35150 Phthalocyanine Green 40 1.71 Green 7 Above 400° I/O HCR
Violet
HC Plus-35033 Quinacridone Red 20 1.04 Violet 19 Above 400° I/O LSR
HC Plus-35130 Quinacridone Red 40 1.40 Violet 19 Above 400° I/O HCR
Brown
HC Plus-35070 Yellow Inorganic - Cr/Sb/Ti Oxide 30 1.26 Brown 24 Above 400° I/O LSR
HC Plus-35170 Yellow Inorganic - Cr/Sb/Ti Oxide 60 1.79 Brown 24 Above 400° I/O HCR
Black
HC Plus-35080 Carbon Black 12 1.03 Black 7 Above 400° I/O LSR
HC Plus-35180 Carbon Black 30 1.14 Black 7 Above 400° I/O HCR
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