Pet Care & Supplies

Pet Care & Supplies

Pet Care & Supplies Medically compliant, biocompatible solutions from Avient offer the comfort and durability required. Learn more about how Avient's medical-grade polymers, colorants and additives can enhance effectiveness and safety.

Pet Care & Supplies Avient Services Learn more about Avient's robust catalog of services.

Patterson President and Chief Executive Officer PolyOne Corporation Page 36 PolyOne Core Values Innovation Collaboration Excellence PolyOne Corporation Page 37 Innovation Drives Earnings Growth $20 $53 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* *Percentage of Specialty Platform revenue from products introduced in last five years 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 43.0% 2006 2013 PolyOne Corporation Page 38 Formula for Success Innovation Market Beating Performance Excellence in Execution PolyOne Corporation Page 39 Track Record of Successful Integrations and Rapid Operating Income Growth $12 $44 2007 2013 $22 $30 2012 2013 $24 $49 2012 2013 GLS ColorMatrix Spartech OI in $ millions PolyOne Corporation Page 40 2015 and Beyond Innovation will drive the next stage in our remarkable transformation Deliver on 2015 goals Expand Specialty offerings and possibilities Identified as a truly global, specialty chemical company Market Potential Exceeds $40 Billion PolyOne Corporation Page 41 Driving Toward Premier Profitability EBIT Margins for top tier companies Victrex 42% Sigma Aldrich 18% FMC 25% IFF 18% Eastman 17% Hexcel 16% 16% Rockwood Holdings Celanese 14% 7% EBIT Margin – 2013 Albemarle 24% Ecolab 13% PolyOne Corporation Page 42 Bright Future & High Aspirations – The Next Seven Years • % OP Income from Specialty - 5% • Market Cap - $500 Million • Revenue - $2.6 Billion • Commodity Peers • Specialty ROS - 1.5% • % OP Income from Specialty - 62% • Market Cap - $3.5 Billion • Revenue - $3.7 Billion • Specialty ROS - 9.4% • % OP Income from Specialty - 80 to 90% • Market Cap - $12 to $18 Billion • Revenue - $8 to $10 Billion • Specialty Peers • Specialty ROS - ≥ 20% 2000 – 2006 2007 – 2013 2014 – 2020 PolyOne Corporation Page 43 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?  Strong past performance demonstrates that our strategy and execution are working  Megatrends and emerging opportunities align with our strengths  Innovation and services provide differentiation, incremental pricing power, and competitive advantage  Strong and proven management team driving growth and performance  Addressable market exceeds $40 billion PolyOne Corporation Page 44 Appendix Kiosk Summaries Segments at a Glance Officer Biographies PolyOne Corporation Page 45 Anti-Counterfeiting Solutions  Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their packaging, devices, end products and raw materials in the field  Protects brand equity – defense against customer complaints or legal actions based on erroneous product identification  Protects consumer welfare – decrease in potential harm to consumers, reduction in unwarranted recall expenses  Secures supply chain integrity – support for safe expansion into new geographies PolyOne Corporation Page 46 Security and Safety Solutions  Polycast™ Bullet Resistant Sheet, an optically clear, non-yellowing acrylic, provides ballistics protection against powerful weapons • High-impact resistance that foils “smash-and-grab” thieves  GlasArmor™ Bullet Resistant Panels, a UL-listed solution with superior ballistic resistance yet weights 75% less than steel panel • Used in commercial security applications for business, home, and governmental facilities PolyOne Corporation Page 47 3D Printing  Collaborating with customers using 3D printers to create prototypes and samples  Enables customers to develop and test their products and innovations quickly and accurately  3D printing of molds and inserts allows OEMs to develop and test new product innovation using their own equipment and material of choice, more efficient than traditional processes PolyOne Corporation Page 48 Enhanced Ergonomic Technologies  Versaflex™ VDT was developed to absorb vibration and noise in a broad range of applications, including minimally invasive surgical instruments, electronics, firearms, archery and automotive  Can be overmolded onto a rigid substrate without the need for an adhesive to increase production efficiencies and profitability  Creates value by: • Increasing end-user comfort • Eliminating secondary assembly • Differentiating end products PolyOne Corporation Page 49 Sustainable Solutions  reFlex™ Bio-Based Plasticizer non- phthalate additive used to make vinyl more flexible • Derived primarily from soybeans rather than petroleum • Certified by USDA BioPreferred® program  Wilflex™ Oasis Water-Based Inks satisfy consumer demand for eco- conscious products • Long screen life and production- friendly to improve operational efficiencies, increase design quality PolyOne Corporation Page 50 Color and Design Services  First-of-its-kind offering that supports color and product development from concept to reality  Helps brand managers and designers evaluate color and design alternatives to: – accelerate and streamline product development – strengthen brand equity – build marketplace excitement  Enhances product differentiation  Improves efficiency and profitability PolyOne Corporation Page 51 Metal Replacement Technology  Portfolio of solutions that meet upper range of performance requirements, removing barriers to replacing metal with polymers  Applications include: • LED heat sinks • Electronic shielding (EMI/RFI) • Structural integrity at elevated temperatures (i.e., large appliances) • Lead-free radiation shielding (i.e., CT scanners)  Creates value by eliminating the need for machining and secondary operations, removing weight, streamlining production and improving cost efficiencies PolyOne Corporation Page 52 Medical Device Solutions  Catheters made using NEU™ View patent-pending technology are optically translucent, and have superior contrast under X-ray (radiopaque) when compared with alternative catheter materials  Formulations for cardiovascular and intravascular catheters are application-specific, incorporating medical-grade polymers, additives, color, and healthcare-centric manufacturing practices  Only commercially available product that has excellent visibility, both optically and under X-ray, to bolster clinician confidence and offer significant market advantage PolyOne Corporation Page 53 Consumer Electronics Solutions  Ability to offer multiple technology solutions on a global basis for this industry, where many OEMs design in one region, prototype in another, and manufacture in yet another  Sustainable / “green” solutions help customers to differentiate in this market  New formulations for emerging wearables market that meet skin contact requirements and aesthetic needs PolyOne Corporation Page 54 Appliances 4% Building & Construction 4% Consumer 17% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 7% Transportation 19% Wire & Cable 13% At a Glance Global Specialty Engineered Materials 2013 Revenues: $0.6 Billion Solutions 2013 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales Target United States 43% Europe 33% Canada 2% Asia 18% Latin America 4% 11.6% PolyOne Corporation Page 55 Appliances 2% Building & Construction 11% Consumer 5% Electrical & Electronics 6% Healthcare 7% Industrial 13% Packaging 34% Transportation 10% Wire & Cable 12% Target At a Glance Global Color, Additives and Inks 2013 Revenues: $0.9 Billion Solutions Expanding Profits 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales United States 44% Europe 37% Canada 2% Asia 11% Latin America 6% 2013 Revenue by Industry Segment 13.8% PolyOne Corporation Page 56 At a Glance Designed Structures and Solutions Solutions 2013 Revenues: $0.6 Billion Expanding Profits 2.2% 8 - 10% 6.5% 2012 PF Q1 2013 Q1 2014 2015 Operating Income % of Sales 0.2% Target United States 96% Canada 3% Latin America 1% Appliances 2% Building & Construction 10% Consumer 11% Healthcare 6% Industrial 13% Packaging 32% Transportation 26% 2013 Revenue by Industry Segment PolyOne Corporation Page 57 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2013 Revenues: $0.8 Billion United States 81% Europe 1% Canada 14% Asia 2% Latin America 2% 9-12% Target 2013 Revenue by Industry Segment Appliances 8% Building & Construction 34% Consumer 4% Electrical & Electronics 3% Healthcare 1%Industrial 10% Packaging 6% Transportation 16% Wire & Cable 18% 2015 7.7% PolyOne Corporation Page 58 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6 - 7.5% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales 15.3% 46.0% 2006 Q1 2014 At a Glance Distribution *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Solutions 2013 Revenues: $1.1 Billion ROIC* Expanding Profits Target Appliances 5% Building & Construction 5% Consumer 14% Electrical & Electronics 5% Healthcare 24% Industrial 16% Packaging 5% Transportation 23% Wire & Cable 3% 6.1% http://www.polyone.com/Pages/VariationRoot.aspx

Avient solutions help you attract consumers with premium color and metallic effects. Avient’s TPE solutions help you add tactile elements that engage consumers. Pet Care & Supplies

Avient’s range of medical-grade polymers, colorants, and additives can enhance the safety and effectiveness of these devices while helping manufacturers mitigate risks when bringing products to market. Pet Care & Supplies Avient’s portfolio of healthcare colorants includes standard and customized color solutions for a variety of polymers, from polyolefins, PC, PEBA, ABS, and styrenics to high temperature polysulfone resins.

Improve color usage efficiency with increased pigment density • Drop-in solution compatible with your current process • Incorporate higher loadings of PCR while maintaining color design aesthetic TARGET MARKET AND APPLICATIONS Compatible with: • PE, PP or PET multi-layer containers • Extrusion blow molding • Injection molding (caps and closures) PRODUCT BULLETIN NO SURPRISES PLEDGESM At Avient, we are committed to helping you grow your business with safe and environmentally sound solutions. This commitment is exemplified by our No Surprises Pledge, which we make to all customers and markets across the globe. • You can be confident that, in formulating and manufacturing our materials, we use sustainable practices to provide long-term product viability and sound environmental stewardship. • You can expect that the materials we produce contain only ingredients that conform to accepted legal and regulatory compliance guidelines. • You can trust that Avient materials meet the rigorous quality and safety management standards required across the globe. • You can be certain that Avient meets or exceeds the material safety data reporting requirements of your country or region. • When you choose Avient, you can be confident that our products will help you meet or exceed today’s stringent compliance standards. www.avient.com Copyright © 2020, Avient Corporation. Avient makes no warranties or guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.

APPLICATIONS Avient’s light stabilizers are suitable for PP, PET and PA fibers used in a wide range of applications including carpeting, upholstery, automotive textiles, artificial turf, awnings, marquees, blinds, sunshades, covers, tents, sun loungers and garden furniture. CHEMISTRY Avient offers different types of light stabilizers for fiber applications: absorbers, quenchers and HALS (Hindered Amine Light Stabilizers). Avient makes no warranties or guarantees respecting suitability of either Avient’s products or the information for your process or end-use application.

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 $1.80 '06 '07 '08 '09 '10 '11 '12 '13 '14 ‘06-‘14 Adjusted EPS CAGR = 40% Adjusted EPS Share Price vs. url=http://de.wikipedia.org/wiki/Datei:Bayer-Logo.svg&rct=j&frm=1&q=&esrc=s&sa=U&ei=TfImVb6bAbeKsQTjp4DABA&ved=0CBYQ9QEwAA&sig2=Ci5ha-5qQAzO0chQpoDCLA&usg=AFQjCNHRuaPkX3dETrItqttgMxou7-a1Ow PolyOne Corporation Page 33 Innovation Pipeline Potential Global Specialty Engineered Materials Prototype Frame Opportunity Scale-up & Test Market Build Business Case Commercial Launch Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 3 6 2 3 4 4 2 2 1 3 3 1 3 2 1 Breakthrough Platform Derivative Addressable Market ($ millions) $400 $100 $200 PolyOne Corporation Page 34 Megatrends Aligned with Key End Markets Increasing Energy Efficiency Protecting the Environment Improving Health and Wellness Megatrend End Markets Globalizing and Localizing Health & Wellness Transportation Packaging Consumer Global Specialty Engineered Materials PolyOne Corporation Page 35 >$150M Revenue Potential Advanced Composites Healthcare Key Initiatives Light-weighting >$100M Revenue Potential Global Specialty Engineered Materials PolyOne Corporation Page 36 Platinum Vision 1.1% 8.0% 12.1% 20%+ 2006 2011 2014 2020 Platinum Vision World Class Operating Margin Accelerating Growth Global Specialty Engineered Materials Innovation Market Growth Geographic Expansion Collaboration PolyOne Corporation Page 37 Summary Accelerating growth is #1 priority • Collaboration across PolyOne • Market-driven Innovation • Commercial and Operational Excellence Global Specialty Engineered Materials PolyOne Corporation Page 38 Designed Structures and Solutions PolyOne Corporation Page 39 Custom Engineered Solutions 71% Packaging Solutions 29% Appliances 2%Building & Construction 8% Consumer 5% Healthcare 6% Industrial 23% Packaging 27% Transportation 30% 2014 Revenue by Industry Segment 2014 Revenues: $0.6 Billion At a Glance Designed Structures and Solutions PolyOne Corporation Page 40 Early Progress 1.4% 5.6% 7.3% 2012 2013 2014 Operating Margin $16 $33 $45 2012 2013 2014 Operating Income ($M) • Cultural shift from volume to value • Emphasis on commercial excellence • Mix shift to profitable portfolio of offerings • “Rightsizing” the operational footprint • Deploy Lean Six Sigma Designed Structures and Solutions PolyOne Corporation Page 41 A Lot of Work Remains with Tremendous Upside Potential Guided by our Four Pillar Strategy Specialization Globalization Operational Excellence Commercial Excellence Designed Structures and Solutions Focused on improving: • Quality • On-time Delivery • Operational Efficiency PolyOne Corporation Page 42 Innovating with Cross-Business Unit Technologies Designed Structures and Solutions Specialty Engineered Materials Color and Additives GLS ColorMatrix Geon • Flame retardant solutions • Flexible sound abatement materials • Energy dissipation • Replacement of leaded glass • Foaming technologies • Improved renewable packaging • Next generation barrier packaging • Glass replacement in packaging PolyOne Corporation Page 43 Who We Are Growing With Designed Structures and Solutions http://www.google.com/url? S&P 500 -100% 0% 100% 200% 300% 400% 500% 600% POL S&P 500 PolyOne Corporation Page 85 Formula for Success Innovation Market Beating Performance Excellence in Execution PolyOne Corporation Page 86 Track Record of Successful Acquisitions $12 $50 2007 2014 $22 $39 2012 2014 $24 $69 2012 2014 GLS ColorMatrix Spartech OI in $ millions PolyOne Corporation Page 87 Driving Toward Premier Profitability EBIT Margins for top tier companies Victrex 41% 18% Albemarle Eastman 17% Hexcel 17% FMC 16% Ecolab 14% 12% Specialty EBIT Margin – 2014 IFF 19% Celanese 13% PolyOne Corporation Page 88 2006 2014 2020 “Where we were” “Where we are” Platinum Vision Operating Income % Specialty: Global Color, Additives & Inks 1.7% 14.7% 20%+ Global Specialty Engineered Materials 1.1% 12.1% 20%+ Designed Structures & Solutions 1.4%(2012) 7.3% 12 – 14% Performance Products & Solutions 5.5% 7.7% 10 – 12% Distribution 2.6% 6.1% 6.5 – 7.5% Specialty Platform % of Operating Income 6.0% 65% 80%+ ROIC 5.0% 11.3% 15% Adjusted EPS Growth N/A 37% Double Digit Expansion 2020 Platinum Vision PolyOne Corporation Page 89 Platinum Vision: Pathway to Accelerated Growth Organic Sales Growth Margin Expansion Share Repurchases Acquisitions PolyOne Corporation Page 90 2006 2010 2014 2020 Driving Toward a Premium Specialty Multiple 6x 4x Commodity POL 8x Hybrid 10x 14x+ Mid-Tier Specialty Premium Specialty M ul tip le POL POL POL PolyOne Corporation Page 91 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?