https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Seaport%2520Global%2520Transports%2520%2526%2520Industrials%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/2022-02/ColorMatrix Triple A Brochure.pdf
RECYCLE FRIENDLY Triple A facilitates the use of rPET and regrind in recycled applications and provides excellent recyclability.
https://www.avient.com/sites/default/files/2022-03/CESA Nox Product Selector Guide.pdf
CESA™ Nox additives target the free radicals, terminating the oxidation reactions and preserving the polymer properties through one or more processing steps or cycles, including recycling.
CESA Nox is particularly suited to prevent further degradation of post-industrial and post-consumer recycled materials, allowing for more stable material and easier processing. 1.844.4AVIENT www.avient.com Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2023-11/Renol Fiber Colorants Deep Black Product Bulletin.pdf
The Renol™ Fiber Colorants portfolio includes deep black solutions with high light and washing fastnesses for polyester fibers including recycled grades.
APPLICATIONS • Automotive textiles and upholstery, e.g., seat covers, liners, carpets • Home textiles, e.g., sofa covers, pillows, curtains • Apparel, e.g., fashion clothing, sportswear BENEFITS • Deep and intense black coloration with high light fastness • Adapted to polyester fibers including recycled grades • Highly efficient formulation to increase processability and reduce costs • Excellent washing fastness for textile products that are frequently washed, e.g., sportswear • Can be customized to achieve the desired intensity PRODUCT BULLETIN Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2022-11/Cesa Fiber Tracer Concentrates Product Bulletin.pdf
APPLICATIONS Cesa Fiber Tracer Concentrates are particularly recommended for apparel, sportswear, and home textiles to support brand ownership and labels such as those for recycled content, “made in”, and bio-polymer content.
KEY BENEFITS • Unique and personalized tracer for customer/ product lines • Suitable for polyester and polyamide (nylon), including recycled grades; possibility to develop solutions for bio-polymers • No impact on spinnability, color or yarn properties • Can be combined with color into a single product for convenience • Complies with key regulatory requirements by EN, DIN, UNI and others • Supplied with a testing service package Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2021-12/avient-investor-day-registration-details21.pdf
Examples include: • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
https://www.avient.com/sites/default/files/2025-01/ISCC Certificate Luxembourg%2C France.pdf
For circular raw materials, the voluntary information about PIR (post-industrial recycling) or PCR (post-consumer recycling) material can be stated in brackets. 3) Farm Sustainability Assessment (FSA) was developed by the Sustainable Agriculture Initiative (SAI) SAI Gold Compliance: ISCC Compliant can be claimed as “SAI FSA 3.0 Gold Level Equivalence” 4) FEFAC: European Feed Manufacturers’ Federation.
https://www.avient.com/sites/default/files/2023-10/Cesa Laser Additives Laser Welding Product Bulletin.pdf
APPLICATIONS • Automotive parts • Electrical and electronic housings • Large and small appliance components • Other consumer products, e.g., waterproof watches, and eyewear frames • Healthcare products – ISO and USP pre-tested solutions are sold as Mevopur™ Healthcare Functional Additives BENEFITS • Produces strong, durable, and consistent seams • Available for polyolefins, TPE, ABS, SAN, PA, PC, PMMA, and others on request • Delivered as concentrates or ready-to-use formulations • Can be combined with color into a single product • Specific regulatory compliance available on request, e.g., UL 94 recognition, EU and US food contact • Product guidance from our experts PRODUCT BULLETIN Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2023-05/Cesa Stat Product Selector Guide.pdf
Cesa™ Stat Antistatic Additives PRODUCT SELECTION GUIDE Polymers are typically non-conductive, allowing the buildup of a static charge on the surface that can attract dust or damage electronics stored within packaging.
https://www.avient.com/sites/default/files/2022-12/reSound Ultra Low Carbon Footprint TPE Product Bulletin_0.pdf
KEY CHARACTERISTICS • Negative, neutral, or low PCF • Available in 60 and 80 Shore A • Performs like traditional TPEs • Naturally opaque and easy to color • Suitable to injection mold, or overmold onto PP and PE MARKETS & APPLICATIONS The portfolio of reSound ultra-low carbon footprint TPEs is ideal for brand owners and manufacturers who prefer to use a more sustainable material in personal care, household appliance, consumer electronics, and consumer packaging applications.