https://www.avient.com/sites/default/files/2024-07/Ballistic Resistant Composite Panels Product Selection _ Install Guide.pdf
CUSTOMIZED SOLUTIONS
Our custom capabilities include:
• Drilling
• Routing
• Machining
USES AND APPLICATIONS
Composite ballistic panels from Avient
are suitable for indoor and outdoor use
in commercial, governmental, industrial,
and residential applications:
• Military structures
• Infrastructure facilities
and equipment
• Banks
• Check cashing stations
• Pawn shops
• Loan and bail/bond offices
• Courtrooms
• Police stations
• Detention facilities
• Bonded warehousing
• Security buildings
• Equipment shielding locations
• Safe rooms
• Storm shelters
• Judges’ chambers
• Finishing
• Custom colors
• Unique panel sizes
UL 752 & NIJ STANDARDS FOR BALLISTIC RESISTANT PROTECTIVE MATERIALS
UL
Rating
NIJ
Level Ammunition Velocity No.
https://www.avient.com/sites/default/files/2025-02/News Release - AVNT-2024.12.31-News Release 2.12.25 2PM_0.pdf
Khandpur added, “In addition, our 2024 safety performance represented the safest year in
company history and evidenced that we’ll continue to build upon the many proven foundational
strengths of Avient as we execute our new strategy.”
2025 Outlook
“As we shared at our Investor Day in December, we laid out a path to grow organic sales 100 –
200 basis points above GDP with margin expansion by intersecting high growth markets and
secular trends with our technologies to create platforms that scale,” said Jamie Beggs, Senior
Vice President and Chief Financial Officer, Avient Corporation.
Building off our strong performance in 2024, I remain optimistic in our team’s ability to achieve
the long-term financial targets we shared at Investor Day last December.”
3
Webcast Details
Avient will provide additional details on its 2024 fourth quarter and full year results, as well as its
2025 full year outlook during its webcast scheduled for 8:00 a.m.
We harness the collective strength of more than 9,000 employees worldwide to
collaborate and build on each other's ideas.
https://www.avient.com/sites/default/files/2020-08/advanced-composites-overview-brochure_0.pdf
AVIENT
ADVANCED
COMPOSITES
OVERVIEW
LOWER
ENERGY
COSTS
Requires less
energy during
installation
and use
INCREASE
COMPETITIVE
ADVANTAGE
Customizable
solutions for
specific
application
needs
REDUCE
PRODUCT
LIFECYCLE
COSTS
Lower
installation
time, as well as
warranty and
�part replacement �
expenses
EXTEND
PRODUCT
LIFETIME
Corrosion,
flame, fatigue
and UV
resistant for
improved
durability
DESIGN
STRONG,
LIGHTER
WEIGHT
COMPONENTS
Up to 75%
lighter than
steel and up
to 25% lighter
than aluminum
ADVANCED COMPOSITES
An exceptional alternative to traditional materials such
as wood, ceramic and metal, advanced composite
solutions enable designers to:
• Design lighter weight structural components for
increased lifetime performance and improved
fuel efficiency—higher strength-to-weight ratios
to exceed the structural performance of traditional
materials while significantly reducing weight—up
to 75% lighter than steel and up to 25% lighter
than aluminum
• Extend product lifetime to reduce part
replacement and decrease warranty expenses—
the corrosion, weather, flame and fatigue
resistance of composite solutions improve
component durability
• Reduce product lifecycle costs—the extended
product lifetime, along with the potential for
reduced installation time and cost due to the lighter
weight of composite solutions, significantly reduces
the associated cost over the lifetime of a part
• Lower energy costs—by leveraging a higher
strength-to-weight ratio, composite solutions
allow designers to engineer products that require
less energy or power during installation and use
• Increase competitive advantage—Avient
advanced composite solutions can be customized
to provide electrical insulation, thermal insulation,
radiopacity, low thermal expansion, flexural
memory and load damping, while delivering
desired performance and aesthetic specifications
TRANSPORTATION
Truck floors, liners and aerodynamic components,
rail car doors and panels, automotive structural
solutions, leaf springs, traffic safety markers
and delineators, air cargo unit load devices (ULDs)
The Avient advanced composites portfolio offers customized solutions
to serve a full range of markets and industries, including:
USES & APPLICATIONS
ENERGY
Wind turbine blade stiffening components,
sucker rods, oil & gas production solutions
BUILDING & CONSTRUCTION
Structural blast protection, garage doors, modular
construction, temporary shelters, architectural
columns, concrete and masonry reinforcements,
pipe reinforcement
HEALTHCARE
External orthopedic fixators, endoscopy wands,
prosthetics
MARINE
Panels for decking, bulkheads, cabinets, doors,
transoms, ceilings; reinforcements for stringers;
sail battens
CONSUMER & RECREATION
Archery bow limbs and risers, furniture springs, diving
board springs, golf flagpoles, snowsports equipment,
sporting stick shafts, paddle shafts, lightweight and
extendable mast structures
ELECTRICAL &
TELECOMMUNICATIONS
Utility poles and cross-arms, high voltage transmission
& distribution insulator cores, surge arresters, bus bar
covers and electrical tool components
INDUSTRIAL
Pallet stiffeners, pipe reinforcement, conveyor springs,
dock shelters
PROCESSES &
CAPABILITIES
Avient’s reinforced composite technologies use carbon, glass and aramid fibers with custom formulated thermoset
or thermoplastic resins in continuous forming processes.
https://www.avient.com/sites/default/files/2024-06/CM Europe Ltd Modern_Slavery_Statement - 2024 V4.pdf
Our effectiveness in combating slavery and human trafficking
In 2024 the following key performance indicators (KPIs) will be used to measure how effective we have been in ensuring that slavery
and human trafficking is not taking place in any part of our business or supply chains
100% completion of the Code of Conduct for all associates
Page 3 of 3
Our on-going commitment
As part of our modern slavery strategy we will continue to monitor the progress we have made and build on our achievements and
initiatives in the next financial year.
https://www.avient.com/sites/default/files/2023-12/CAI W_C - Product Selection Guide EMEA_0.pdf
Processing Aids
Cesa™ Process Additives Improves manufacturing efficiency: increase output, reduce die build-up.
https://www.avient.com/sites/default/files/2024-10/Avient Human Right Policy - July 2024.pdf
Regular
engagement with these key stakeholders builds positive community relations, sets the
expectation for open dialogue related to the effectiveness of our policy implementation, and
assists with preparedness and collaboration in the event of an issue in our operations in that
community.
https://www.avient.com/sites/default/files/2021-07/avient-human-rights-position-statement-updated-july-2021.pdf
Regular engagement with these key stakeholders builds positive
community relations, sets the expectation for open dialogue related to the effectiveness of our policy
implementation, and assists with preparedness and collaboration in the event of an issue in our
operations in that community.
https://www.avient.com/sites/default/files/2024-09/Complet OnForce LFT Overview _ Brand Brochure.pdf
Short glass fiber
Injection molded part
Long glass fiber
CAPABILITIES TO BUILD BETTER
Long fiber reinforced composite materials incorporate
longer filaments of fiber reinforcement to increase
mechanical properties and structural capabilities to
higher levels than short fiber formulations.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Company%2520Specialty%2520Chemical%2520Conference.pdf
A reconciliation of each non-GAAP financial measure with the most directly
comparable GAAP financial measure is attached to this presentation which is posted
on our website at www.polyone.com.
4 POLYONE CORPORATION
What We Do
Value
Formulation
Expertise Inputs
Base resins
Additives
Modifiers
Pigments
Expertise in
Polymer
Materials,
Services and
Solutions
OEMs
Brand Owners
Processers
Assemblers
Driving customer value with specialty products & services
Service
InVisiOSM Color
Services
IQ Design Labs
LSS Customer
First
POLYONE CORPORATION 5
2016 Revenue ($3.3 Billion) by Segment
At a Glance
United
States
65%
Europe
12%
Canada
8%
Asia
8%
Latin
America
7%
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.13
2009 2010 2011 2012 2013 2014 2015 2016
2016 Revenue by Geography
2016 Revenue by End Market
Appliance
5%
Building &
Construction
11%
Consumer
11%
Electrical &
Electronics
5%
Healthcare
11%
Industrial
15%
Packaging
12% Textiles
2%
Transportation
19%
Wire &
Cable
9%
Adjusted Earnings Per Share
Performance
Products &
Solutions
19%
PolyOne
Distribution
31%
Designed
Structures
& Solutions
11% Specialty
Engineered
Materials
16%
Color
Additives
and Inks
23%
6 POLYONE CORPORATION
Returning Cash to Shareholders
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
2011 2012 2013 2014 2015 2016 2017
Annual Dividend*
Since 2011, we have returned nearly $850 million to shareholders
$150 million returned through dividends
$697 million returned through share repurchases
$697M
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 2016
Cumulative Share Repurchases
(in millions)
*Initiated in 2011
7 POLYONE CORPORATION
2%
43%
79%
0%
20%
40%
60%
80%
100%
2005 2010 2016
%
o
f O
pe
ra
tin
g
In
co
m
e*
*Operating Income excludes corporate charges and special items
Specialty OI $5M $87M $273M
Mix Shift Highlights Specialty Transformation
Specialty =
ROS > 10%
JV’s Performance Products & Solutions
Specialty Distribution
8 POLYONE CORPORATION
2006 2016 2020
“Where we were” “Where we are” Platinum Vision
Operating Income % of Sales
Color, Additives & Inks 1.7% 16.0% 20%+
Specialty Engineered Materials 1.1% 14.3% 20%+
Performance Products & Solutions 5.5% 11.1% 12 – 14%
Distribution 2.6% 6.4% 6.5 – 7.5%
Designed Structures & Solutions N/A -0.9% 8 – 10%
ROIC* 5.0% 12.9% 15%
Proof of Performance & 2020 Platinum Vision
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Consistently Deliver Double Digit Annual EPS Growth
POLYONE CORPORATION 9
2,883
2,538
2006 2016
Volume
(lbs in millions)
-12%
$103
$200
2006 2016
Commercial, R&D
and Marketing
Spending ($M)
+95%
$88
$317
2006 2016
Adjusted
Operating Profit ($M)
+263%
Ours is Not a Cost Cutting Story
10 POLYONE CORPORATION
Innovation Drives Earnings Growth
*Specialty Platform revenue from products introduced in last five years
$20
$54
2006 2016
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
33%
2006 2016
CAI & SEM
Gross Margin
12%
42%
2006 2016
Target ≥ 35%
Innovation Pipeline Potential
11 POLYONE CORPORATION
Primary Industries Served
2016 Revenue: $3.3 Billion
Electrical &
Electronic
5%
Building &
Construction
11%
Appliance
5%
Industrial
15%
Wire & Cable
9%
Healthcare
11%
Consumer
11%
Packaging
12%
Transportation
19%
Focus End Markets
12 POLYONE CORPORATION
Therma-Tech™ & Sheet
GEON™ Vinyl
Polymer Colorants
Therma-Tech™
TPE’s & Film
TPE + OnForce™
Gravi-Tech™
Page 12
Film
Target End Markets… Healthcare
13 POLYONE CORPORATION
Sound & Vibration
Management
Fuel Handling
Systems
Interior & Exterior Trim
Structural Braces
& Brackets
Interior Structural
Components
Lighting
Air management
Electronics & Cameras
Fluid Handling
Target End Markets… Automotive
Underhood
Components
Roof Systems
14 POLYONE CORPORATION
PreservaPak™
OnColor™
Smart Batch™
VersaFlex™
TPE Cap Liner
ColorMatrix™
Amosorb™
Oxygen Scavenger
ColorMatrix™
Ultimate™ UV
Light Barrier
OnCap™
Laser Marking
Additives
Target End Markets… Packaging
15 POLYONE CORPORATION
Source: Outdoor Industry Association
TPE Vibration Dampening
(SEM/GLS)
TPE + OnForce
(SEM)
OnForce
(SEM)
Advanced Composites
(SEM)
TPE Vibration Dampening
(SEM/GLS)
Thermoplastic Elastomers
(SEM)
Advanced Composites
(SEM)
Polymer Colorants
(CAI)
Sheet
(DSS)
TPE & Film
(SEM + DSS)
Advanced Composites
(SEM)
Polymer Colorants
(CAI)
Thermatech
(SEM)
Thermoplastic Elastomers
(SEM)
TPE + OnForce
(SEM)
OnForce
(SEM)
Target End Markets… Consumer
16 POLYONE CORPORATION
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~60 - 70% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Growth synergies
Adjacent material
solutions
Repurchased 1.2
million shares in Q4
2016
Repurchased 18.8
million shares since
early 2013
8.5 million shares are
available for
repurchase under the
current authorization
Increased annual
dividend by 12.5% to
$0.54 per share,
representing the sixth
consecutive year of
dividend growth
POLYONE CORPORATION 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Basic%2520Materials%2520Conference.pdf
A reconciliation of each non-GAAP financial measure with the most directly
comparable GAAP financial measure is attached to this presentation which is posted
on our website at www.polyone.com.
4 POLYONE CORPORATION
What We Do
Value
Formulation
Expertise Inputs
Base resins
Additives
Modifiers
Pigments
Expertise in
Polymer
Materials,
Services and
Solutions
OEMs
Brand Owners
Processers
Assemblers
Driving customer value with specialty products & services
Service
InVisiOSM Color
Services
IQ Design Labs
LSS Customer
First
POLYONE CORPORATION 5
2016 Revenue ($3.3 Billion) by Segment
At a Glance
United
States
65%
Canada
8%
Europe
12%
Asia
8%
Latin
America
7%
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.13
2009 2010 2011 2012 2013 2014 2015 2016
2016 Revenue by Geography
2016 Revenue by End Market
Appliance
5%
Building &
Construction
11%
Industrial
15%
Electrical &
Electronics
5%
Consumer
11%
Healthcare
11% Packaging
12%
Textiles
2%
Transportation
19%
Wire &
Cable
9%
Adjusted Earnings Per Share
Performance
Products &
Solutions
19%
PolyOne
Distribution
31%
Designed
Structures
& Solutions
11% Specialty
Engineered
Materials
16%
Color
Additives
and Inks
23%
6 POLYONE CORPORATION
2%
43%
80%
0%
20%
40%
60%
80%
100%
2005 2010 1Q 2017
%
o
f O
pe
ra
tin
g
In
co
m
e*
*Operating Income excludes corporate charges and special items **LTM 1Q 2017
Specialty OI $5M $87M $274M**
Mix Shift Highlights Specialty Transformation
JV’s Performance Products & Solutions
Specialty Mix Distribution
7 POLYONE CORPORATION
2006 1Q 2017 2020
“Where we were” “Where we are” Platinum Vision
Operating Income % of Sales
Color, Additives & Inks 1.7% 16.6% 20%+
Specialty Engineered Materials 1.1% 14.8% 20%+
Performance Products & Solutions 5.5% 12.0% 12 – 14%
Distribution 2.6% 6.5% 6.5 – 7.5%
Designed Structures & Solutions N/A -3.2% 8 – 10%
ROIC* 5.0% 12.6% 15%
Proof of Performance & 2020 Platinum Vision
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Consistently Deliver Double Digit Annual EPS Growth
8 POLYONE CORPORATION
Returning Cash to Shareholders
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
2011 2012 2013 2014 2015 2016 2017
Annual Dividend*
Since 2011, we have returned nearly $900 million to shareholders
$167 million returned through dividends
$731 million returned through share repurchases
*Initiated in 2011
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 2016 1Q
2017
Cumulative Share Repurchases
(in millions)
$731M
9 POLYONE CORPORATION
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~60 - 70% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Growth synergies
Adjacent material
solutions
Repurchased 1.0
million shares in Q1
2017
Repurchased 19.8
million shares since
early 2013
7.5 million shares are
available for
repurchase under the
current authorization
Increased annual
dividend by 12.5% to
$0.54 per share,
representing the sixth
consecutive year of
dividend growth
POLYONE CORPORATION 10
2,883
2,538
2006 2016
Volume
(lbs in millions)
-12%
$103
$200
2006 2016
Commercial, R&D
and Marketing
Spending ($M)
+95%
$88
$317
2006 2016
Adjusted
Operating Profit ($M)
+263%
Ours is Not a Cost Cutting Story
11 POLYONE CORPORATION
Primary Industries Served
2016 Revenue: $3.3 Billion
Appliance
5%
Electrical &
Electronic
5%
Building &
Construction
11%
Industrial
15%
Wire & Cable
9%
Healthcare
11%
Consumer
11%
Packaging
12%
Transportation
19%
Focus End Markets
12 POLYONE CORPORATION
Innovation Drives Earnings Growth
*Specialty Platform revenue from products introduced in last five years
$20
$54
2006 2016
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
33%
2006 2016
CAI & SEM
Gross Margin
12%
42%
2006 2016
Target ≥ 35%
Innovation Pipeline Potential
POLYONE CORPORATION 13
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?