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%2520GS%2520w%2520non%2520GAAP%25205_21_14.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
Page 4
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
Page 5
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
Building &
Construction
13%
Industrial
12%
Transportation
18%
Wire & Cable
9%
Packaging
16%
Consumer
10%
HealthCare
11% Appliance
6%
Electronics &
Electrical
5%
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
Mix Shift Highlights Specialty Transformation
2015
Target
Page 6
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
Page 7
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
550.00%
PolyOne 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/2024-08/Avient-2023-Sustainability-Report_5.pdf
���
���
���
���
���
���
���
���
���
In
ju
ri
e
s
p
e
r
1
0
0
W
o
rk
e
rs
0.58
Injury Incidence Rate*
Rubber &
Plastics Mfg.
Energy and Greenhouse Gas (GHG) Emissions
(continued from previous page)
Greenhouse Gas Emissions (MT Scope 1 &2)
Intensity (MT Scope 1 & 2 GHG/MT sales)
GHG Emissions
�
������
�������
�������
�������
�������
.44
.28
.30
.50
.40
.30
.20
.10
0
.32
2019 2020 2021 2022 2023
.28
118
Resulting in
13,000 MWh
Annual Savings
Energy Saving
Projects in
2023
G
H
G
E
m
is
si
o
n
s
(M
T
)
G
H
G
E
m
is
si
o
n
s
In
te
n
si
ty
(M
T
G
H
G
/M
T
s
a
le
s)
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 54
https://sciencebasedtargets.org/
https://www.avient.com/company/sustainability/sustainability-report/reporting/cdp-climate-change-report
https://www.avient.com/company/sustainability/sustainability-report/reporting/cdp-climate-change-report
https://www.cdp.net/en
https://www.avient.com/company/sustainability/sustainability-report/reporting/cdp-climate-change-report
Reducing Emissions Across Our Value Chain
Scope 3 emissions include upstream emissions from products and ser vices we procure from suppliers, as well as downstream emissions from the transportation of our products and the emissions generated
from the use and disposal of our sold products.
Preete
Retired Executive
Vice President,
Chief Strategy Officer,
Monsanto Company
Robert E.
https://www.avient.com/sites/default/files/2024-08/Avient 2023 Sustainability Report_6.pdf
���
���
���
���
���
���
���
���
���
In
ju
ri
e
s
p
e
r
1
0
0
W
o
rk
e
rs
0.58
Injury Incidence Rate*
Rubber &
Plastics Mfg.
Energy and Greenhouse Gas (GHG) Emissions
(continued from previous page)
Greenhouse Gas Emissions (MT Scope 1 &2)
Intensity (MT Scope 1 & 2 GHG/MT sales)
GHG Emissions
�
������
�������
�������
�������
�������
.44
.28
.30
.50
.40
.30
.20
.10
0
.32
2019 2020 2021 2022 2023
.28
118
Resulting in
13,000 MWh
Annual Savings
Energy Saving
Projects in
2023
G
H
G
E
m
is
si
o
n
s
(M
T
)
G
H
G
E
m
is
si
o
n
s
In
te
n
si
ty
(M
T
G
H
G
/M
T
s
a
le
s)
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2023 54
https://sciencebasedtargets.org/
https://www.avient.com/company/sustainability/sustainability-report/reporting/cdp-climate-change-report
https://www.avient.com/company/sustainability/sustainability-report/reporting/cdp-climate-change-report
https://www.cdp.net/en
https://www.avient.com/company/sustainability/sustainability-report/reporting/cdp-climate-change-report
Reducing Emissions Across Our Value Chain
Scope 3 emissions include upstream emissions from products and ser vices we procure from suppliers, as well as downstream emissions from the transportation of our products and the emissions generated
from the use and disposal of our sold products.
Preete
Retired Executive
Vice President,
Chief Strategy Officer,
Monsanto Company
Robert E.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_DE2.pdf
Einige Beispiele unserer Geschäftsaufzeichnungen umfassen:
• Entwicklung neuer Produkte
• Testergebnisse
• Laborberichte
• Forschungsdaten
• Finanzberichte
• Ausgabenberichte
• Rechnungen
• Zeitaufzeichnungen
• Personalaufzeichnungen
• Geschäftspläne
• Briefe, Newsletter-Memoranden und E-Mails an Mitarbeiter
• Auf The Loop gepostete Informationen
Unternehmenseigene und vertrauliche Informationen umfassen:
• Geschäftspläne und Richtungsstrategien
• Forschungs- und technische Daten
• Produktrezepte und Verfahrenstechnologien
• Produktverantwortung
• Handelsgeheimnisse, Technologien und „Know-how“
• Informationen über unsere Wettbewerbssituation
• Unveröffentlichte Finanzinformationen und finanzielle Prognosen
• Produktkosteninformationen
• Informationen über vorgeschlagene Verträge und Transaktionen
• Kunden-, Lieferanten-, Preisgestaltungs- und sonstige Informationen
• Computersoftware und für unser Unternehmen entwickelte
Computersysteme
• Alle sonstigen Informationen, die für einen Konkurrenten nützlich
sein könnten
VERHALTENSKODEX | 13
INHALTSANGABE
EINLEITUNG
UNSER
VERHALTENSKODEX
RESPEKT FÜR ALLE
EHRLICHKEIT BEI
DER ARBEIT
INTEGRITÄT IN
UNSEREM GESCHÄFT
SOZIALE
VERANTWORTUNG
DES UNTERNEHMENS
RESSOURCEN
Fragen & Antworten
F: Mein Vorgesetzter ist im Urlaub und ich bin in seiner
Abwesenheit gebeten worden, einen Vertrag im Namen des
Unternehmens zu unterzeichnen.
Personenbezogene Daten sind alle Daten, die zur Identifizierung einer
Person verwendet werden können, wie etwa:
• Von einer Regierung ausgegebene Erkennungsnummern, wie etwa
Sozialversicherungs- oder nationale Versicherungsnummern
• Vergütungsinformationen
• Krankenakten
• Leistungsaufzeichnungen
• Privatadressen und private Telefonnummern
Verwendung von Internet und E-Mail
Avient stellt unseren Mitarbeitern Zugang zu vielen Formen von
elektronischen Medien zur geschäftlichen Verwendung bereit.
Einige Beispiele:
• Einnahmen oder Schätzungen oder sonstige
Finanzinformationen vor ihrer öffentlichen Freigabe
• Erhebliche Änderungen des Betriebsniveaus
• Diskussionen über wichtige Transaktionen, einschließlich
Akquisitionen, Joint-Ventures oder Veräußerungen
• Informationen über unsere finanzielle
Verfassung, Prognosen und Pläne, Marketing- und
Verkaufsprogramme und F & E-Informationen
• Veränderungen in der oberen Geschäftsführung, die noch
nicht öffentlich bekannt gegeben worden sind
• Vergabe oder Aufhebung wichtiger Verträge mit Kunden
oder Lieferanten
• Anstehende Produkte oder neue Produkte,
Dienstleistungen oder Verfahren
• Das Bestehen von wichtigen Aufsichtsverfahren,
Regierungsermittlungen und Gerichtsverfahren unter
Beteiligung des Unternehmens und Entwicklungen mit
Bezug zu solchen Verfahren
VERHALTENSKODEX | 18
INHALTSANGABE
EINLEITUNG
UNSER
VERHALTENSKODEX
RESPEKT FÜR ALLE
EHRLICHKEIT BEI
DER ARBEIT
INTEGRITÄT IN
UNSEREM GESCHÄFT
SOZIALE
VERANTWORTUNG
DES UNTERNEHMENS
RESSOURCEN
Politische Spended/Aktivitäten und
gemeinnützige Spenden
Avient fordert Sie auf, über wichtige Themen informiert zu bleiben,
zu wählen und sich am politischen Prozess zu beteiligen.
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
Personal
Values
INTEG
R
IT
Y
R
E
S
P
EC
T
H O N E S T Y
Core
Values
COLLABO
R
A
T
IO
N
E
X
C
E
LL
EN
CE
INN OVAT I O
N
OUR CULTURE
1 Annual Report | 2022
Dear Avient Shareholders,
2022 was a challenging year but also one filled with
significant accomplishments that we look back on
with a great sense of pride.
Beggs
/S/ ROBERT E.
ABERNATHY Director February 22, 2023
Robert E.
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
Richardson 55 Executive Vice President and Chief Financial Officer
Michael E.
Michael E.
CONTROLS AND PROCEDURES
Disclosure controls and procedures
PolyOne’s management, with the participation of the Chief Executive Officer and the Chief Financial
Officer, has evaluated the effectiveness of the design and operation of PolyOne’s disclosure controls
and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of
1934) as of December 31, 2013.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
Nikrant
2:30 Designed Structures and Solutions Michael E.
Van Hulle
Senior Vice President, President of Global
Color, Additives & Inks
Michael E.
Garratt
Senior Vice President, President of
Performance Products & Solutions
John Midea
Senior Vice President,
Global Operations & Process
Improvement
Mark Crist
Senior Vice President, President of
PolyOne Distribution
Cathy Dodd
Vice President, Marketing
Chris Murphy
Vice President, Research & Development,
Chief Innovation Officer
Kurt Schuering
Vice President, Global Key Account
Management
The Leaders Behind the Team
PolyOne Corporation Page 8
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
• Substantial EPS growth
from $0.13 to all-time
high of $1.80
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Accelerating growth
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 9
2006 2014
“Where we were” “Where we are”
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 14.7%
Global Specialty Engineered Materials 1.1% 12.1%
Designed Structures & Solutions 1.4%(2012) 7.3%
Performance Products & Solutions 5.5% 7.7%
Distribution 2.6% 6.1%
Specialty Platform % of
Operating Income 6.0% 65%
ROIC 5.0% 11.3%
Adjusted EPS Growth N/A 37%
Proof of Performance
PolyOne Corporation Page 10
2%
34% 43%
62% 65%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Old
PolyOne
Mix Shift Highlights Specialty Transformation
New
PolyOne Transformation
Specialty OI $5M $46M $87M $195M $242M
*Operating Income excludes corporate charges and special items
PolyOne Corporation Page 11
2014 2015 Target
“Where we are” (Est. in 2012)
Operating Income %
Specialty:
Global Color, Additives & Inks 14.7% 12 – 16%
Global Specialty Engineered Materials 12.1% 12 – 16%
Designed Structures & Solutions 7.3% 8 – 10%
Performance Products & Solutions 7.7% 9 – 12%
Distribution 6.1% 6 – 7.5%
Specialty Platform % of
Operating Income 65% 65 – 75%
ROIC 11.3% 15%
Adjusted EPS Growth 37% Double Digit Expansion
Proof of Performance
PolyOne Corporation Page 12
• Sold non-core resin assets – EPS dilutive
• Completed acquisition of Spartech
• Housing starts below 1.25 million units
Single family units 30% below expectations
• Longstanding weakness in Europe, and
decline in Euro
Successfully Navigating Change Since 2012
PolyOne Corporation Page 13
-100%
0%
100%
200%
300%
400%
500%
600%
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
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
‘06-‘14 Adjusted EPS CAGR = 40%
Adjusted EPS Share Price vs.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Personal
Values
INTEG
R
IT
Y
R
E
S
P
EC
T
H O N E S T Y
Core
Values
COLLABO
R
A
T
IO
N
E
X
C
E
LL
EN
CE
INN OVAT I O
N
OUR CULTURE
1 Annual Report | 2021
2 0 2 1
Dear Avient Shareholders,
2021 was our first full year as Avient Corporation.
Beggs
/S/ ROBERT E.
ABERNATHY Director February 22, 2022
Robert E.