https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Polish.pdf
Nasz Kodeks postępowania 2023 Spis treści Przesłanie od Dyrektora Generalnego 1 Nasza wizja i strategia 2 Wartości podstawowe i osobiste 2 Nasz Kodeks postępowania Wytyczne etycznego postępowania 4 Wartości osobiste 4 Rozwiewanie wątpliwości i zgłaszanie przypadków nieprzestrzegania przepisów 6 Infolinia ds. etyki 6 Zakaz podejmowania działań odwetowych 6 Stosowanie Kodeksu postępowania 7 Naruszenia postanowień Kodeksu 7 Szacunek dla wszystkich Równość szans 9 Dyskryminacja albo nękanie 9 Relacje w miejscu pracy 9 Nadużywanie substancji psychoaktywnych 10 Bezpieczeństwo i przemoc w miejscu pracy 10 Uczciwość w pracy Dokładne informacje, dane i dokumenty 12 Uczciwość księgowa 12 Komunikacja Spółki 14 Ochrona i korzystanie z aktywów 14 Informacje zastrzeżone i poufne, pomysły i własność intelektualna 14 Prywatność, dane osobowe i ochrona danych 15 Informacje o korzystaniu z Internetu i poczty elektronicznej 15 Media i portale społecznościowe 16 Bezpieczeństwo komputerów, licencjonowane oprogramowanie i prawa autorskie 16 Informacje wewnętrzne oraz obrót papierami wartościowymi na podstawie informacji poufnych 16 Datki na cele polityczne/charytatywne oraz Działalność Polityczna 17 Czynności wyjaśniające prowadzone przez organy rządowe i zapytania ze strony organów rządowych 17 Uczciwość w działalności biznesowej Uczciwe prowadzenie działalności handlowej 19 Łapówki i nielegalne prowizje 19 Agenci i konsultanci 20 Konkurencja 20 Upominki oraz przejawy gościnności 20 Konflikty interesów 21 Wykorzystanie informacji poufnych 22 Handel międzynarodowy 22 Społeczna odpowiedzialność biznesu Zrównoważony rozwój 24 Bezpieczeństwo, zdrowie i ekologia 24 Bezpieczeństwo produktów i usług 25 Przestrzeganie praw człowieka 25 Wspólne zobowiązanie 25 Dane kontaktowe 26 1 Spis treści Przesłanie od dyrektora generalnego Szanowni Pracownicy Avient!
Należy zachować szczególną ostrożność, przyjmując upominki albo wyrazy gościnności od dostawców, a także oferując jakiekolwiek korzyści majątkowe urzędnikom rządowym albo państwowym. 21 Spis treści Zabronione jest także przyjmowanie upominków, które mogłyby zostać zinterpretowane jako próba wywarcia niewłaściwego wpływu na decyzje obdarowanego.
Infolinia ds. etyki: https://www.Avient.com/company/policies-and-governance/ethics-hotline Numer telefonu Infolinii ds. etyki: 1-877-228-5410 https://www.Avient.com/company/policies-and-governance/ethics-hotline Ameryka Północna Global Headquarters Avon Lake, Stany Zjednoczone 33587 Walker Road Avon Lake, OH, Stany Zjednoczone 44012 Bezpłatny numer telefonu: +1-866-765-9663 Numer telefonu: +1-440-930-1000 Faks: +440 930 3064 Azja i Pacyfik Regional Headquarters Shanghai, Chiny 2F, Block C 200 Jinsu Road Pudong, 201206 Shanghai, Chiny Tel. +86 (0) 21 6028 4888 Faks: +86 (0) 21 6028 4999 Ameryka Południowa Regional Headquarters Sao Paulo, Brazylia Av.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Italian.pdf
Il nostro Codice di condotta 2023 Indice Un messaggio dal CEO 1 La nostra visione e strategia 2 Valori fondamentali e personali 2 Il nostro Codice di condotta Linee guida per il comportamento etico 4 Valori personali 4 Risolvere questioni e segnalare situazioni di non conformità 6 Linea di assistenza telefonica sull’etica 6 Non ritorsione 6 Applicazione del Codice di condotta 7 Violazioni del Codice 7 Rispetto per tutti Diversità e inclusione 9 Discriminazione o molestie 9 Rapporti di lavoro 9 Abuso di sostanze 9 Sicurezza fisica e violenza sul luogo di lavoro 10 Onestà sul lavoro Informazioni, dati e documenti accurati 12 Integrità contabile 12 Comunicazioni aziendali 14 Tutela e uso dei beni 14 Informazioni proprietarie e riservate, idee e proprietà intellettuale 14 Privacy, informazioni personali e protezione dei dati 15 Uso di Internet e delle e-mail 15 Social media e social networking 15 Sicurezza informatica, licenze software e copyright 16 Insider trading e informazioni privilegiate 16 Contributi/attività per partiti politici e contributi ad organizzazioni di beneficenza 17 Indagini e inchieste governative 17 Integrità nella nostra attività Trattamento equo 19 Corruzione e mazzette 19 Agenti e consulenti 20 Concorrenza 20 Omaggi e ospitalità 20 Conflitti di interessi 21 Autonegoziazion 22 Commercio internazionale 22 Responsabilità sociale dell’azienda Sostenibilità 24 Sicurezza, salute e ambiente 24 Sicurezza di prodotti e servizi 25 Rispetto dei diritti umani 25 Un impegno condiviso 25 Risorse e informazioni di contatto 26 1 Indice Un messaggio dal CEO Gentili Dipendenti Avient, facendo parte di un’azienda globale in crescita, ci troviamo di fronte a situazioni impegnative e a decisioni complesse.
Dobbiamo adottare il buon senso in questo ambito. 21 Indice Gli omaggi sono consentiti se sono di natura promozionale, proporzionali all’occasione, consentiti dalle politiche di tutte le parti e dalla legge applicabile e se rispondono alle consuetudini locali.
Linea di assistenza telefonica sull’etica: https://www.Avient.com/company/policies-and-governance/ethics-hotline Numero della linea di assistenza telefonica sull’etica: 1-877-228-5410 https://www.Avient.com/company/policies-and-governance/ethics-hotline Nord America Sede globale Avon Lake, Stati Uniti 33587 Walker Road Avon Lake, Ohio, Stati Uniti 44012 Numero verde: +1 866 765 9663 Telefono: +1 440 930 1000 Fax: +1 440 930 3064 Asia Pacifico Sede regionale Shanghai, Cina 2F, Block C 200 Jinsu Road Pudong, 201206 Shanghai, Cina Telefono: +86 (0) 21 6028 4888 Fax: +86 (0) 21 6028 4999 America del Sud Sede regionale San Paolo, Brasile Av.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Hungary.pdf
6 A Magatartási kódex hatósugara 7 A Kódex megsértése 7 A tisztelet mindenkinek jár Sokszínűség és bevonás 9 Hátrányos megkülönböztetés és zaklatás 9 Munkahelyi kapcsolatok 9 Szerfüggőség 10 Fizikai biztonság és munkahelyi erőszak 10 Becsületesség a munkahelyen Pontos információk, adatok és nyilvántartások 12 Tisztességes könyvvitel 12 Vállalati kommunikáció 14 A vagyontárgyak védelme és használata 14 Tulajdonosi és bizalmas információk, ötletek és szellemi tulajdon 14 A magánélet tiszteletben tartása, a személyes információk és adatok védelme 15 Internet és e-mail használat 15 Közösségi média és a közösségi hálózatokban való részvétel 15 Számítógépes biztonság, szoftverlicenc és szerzői jog 16 Bennfentes információk és azok továbbadása 16 Politikai hozzájárulások/tevékenységek és jótékonysági hozzájárulások 17 Kormányzati nyomozások és vizsgálatok 17 Üzleti feddhetetlenség Tisztességes üzletelés 19 Vesztegetés és kenőpénz felajánlása 19 Ügynökök és tanácsadók 20 Verseny 20 Ajándékok és vendéglátás 20 Összeférhetetlenség 21 Önérdekű kereskedés 22 Nemzetközi kereskedelem 22 Társadalmi felelősségvállalás Fenntarthatóság 24 Egészség és munkavédelem, környezetvédelem 24 Termékeink és szolgáltatásaink biztonságossága 25 Az emberi jogok tiszteletben tartása 25 Közös kötelezettségvállalás 25 Erőforrások és elérhetőségek 26 1 Tartalomjegyzék Üzenet a CEO-tól Kedves Avient Munkatársak!
Legyen különösen óvatos, amikor ajándékokat vagy vendéglátást fogad el egy szállítótól, vagy bármilyen, értékkel bíró dolgot kínál fel valakinek, aki lehet akár állami vagy köztisztviselő is. 21 Tartalomjegyzék Tilos továbbá olyan ajándékokat elfogadni, amelyek feltételezetően helytelenül befolyásolhatják döntései meghozatalában.
Etikai forródrót: https://www.Avient.com/company/policies-and-governance/ethics-hotline Az etikai forródrót telefonszáma: 1-877-228-5410 https://www.Avient.com/company/policies-and-governance/ethics-hotline Észak-Amerika Globális Központ Avon Lake, Egyesült Államok 33587 Walker Road Avon Lake, OH, Egyesült Államok 44012 Ingyenesen hívható telefonszám: +1 866 765 9663 Telefon: +1 440 930 1000 Fax: +440 930 3064 Ázsia és a Csendes-óceáni térség Regionális Központ Sanghaj, Kína 2F, Block C 200 Jinsu Road Pudong, 201206 Sanghaj, Kína Telefonszám: +86 (0) 21 6028 4888 Fax: +86 (0) 21 6028 4999 Dél-Amerika Regionális központ São Paulo, Brazília Av.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Dutch.pdf
Onze gedragscode 2023 Inhoudsopgave Een bericht van de CEO 1 Onze visie en strategie 2 Kern- en persoonlijke waarden 2 Onze gedragscode Richtlijnen voor ethisch gedrag 4 Persoonlijke waarden 4 Vragen oplossen en het melden van niet in overeenstemming zijnde situaties 6 Ethiekhotline 6 Geen vergelding 6 Toepassing Gedragscode 7 Overtredingen van de Code 7 Respect voor iedereen Diversiteit en inclusie 9 Discriminatie of pesterijen 9 Relaties op de werkplek 9 Drugmisbruik 10 Fysieke beveiliging en geweld op de werkplek 10 Eerlijkheid op het werk Nauwkeurige informatie, gegevens en dossiers 12 Boekhoudkundige integriteit 12 Bedrijfscommunicatie 14 Beveiliging en gebruik van middelen 14 Eigendomsrechtelijke en vertrouwelijke informatie, ideeën en intellectueel eigendom 14 Privacy, persoonsgegevens en gegevensbescherming 15 Gebruik van internet en e-mail 15 Sociale media en sociale netwerken 16 Computerbeveiliging, softwarelicenties en copyrights 16 Handel met voorkennis 16 Politieke bijdragen/activiteiten en liefdadigheidsbijdragen 17 Overheidsonderzoeken en vragen 17 Integriteit in ons zakendoen Eerlijk handelen 19 Omkoping en smeergeld 19 Vertegenwoordigers en consulenten 20 Concurrenti 20 Geschenken en gastvrijheid 20 Belangenverstrengeling 21 Zelf handelen 22 Internationale handel 22 Sociale verantwoordelijkheid van het bedrijf Duurzaamheid 24 Veiligheid, gezondheid en milieu 24 Product- en dienstveiligheid 25 Respecteren van mensenrechten 25 Een gedeelde toewijding 25 Hulpbronnen en contactinformatie 26 1 Inhoudsopgave Een bericht van de CEO Beste medewerkers van Avient, Als onderdeel van een groeiend, wereldwijd opererend bedrijf hebben we te maken met uitdagende situaties en complexe besluitvorming.
Daarom mag niemand die uit naam van Avient werkt geschenken of gastvrijheid 21 Inhoudsopgave aanbieden die redelijkerwijs geïnterpreteerd kunnen worden als een poging ongepaste invloed uit te oefenen op de ontvanger in zijn of haar relatie met Avient.
Ethiekhotline: https://www.Avient.com/company/policies-and-governance/ethics-hotline Telefoonnummer ethiekhotline: 1-877-228-5410 https://www.Avient.com/company/policies-and-governance/ethics-hotline Noord-Amerika Wereldwijd hoofdkantoor Avon Lake, Verenigde Staten 33587 Walker Road Avon Lake, OH, Verenigde Staten 44012 Gratis: +1-866-765-9663 Telefoon: +1-440-930-1000 Fax: +440 930 3064 Azië-Pacific Regionaal hoofdkantoor Shanghai, China 2F, blok C 200 Jinsu Road Pudong, 201206 Shanghai, China Telefoon: +86 (0) 21 6028 4888 Fax: +86 (0) 21 6028 4999 Zuid-Amerika Regionaal hoofdkantoor Sao Paulo, Brazilië Av.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Turkey.pdf
Davranış Kurallarımız 2023 İçindekiler İcra Kurulu Başkanı’ndan Mesaj 1 Vizyonumuz ve Stratejimiz 2 Temel ve Kişisel Değerler 2 Davranış Kurallarımız Etik Davranış için Kurallar 4 Kişisel Değerler 4 Sorunların Çözümlenmesi ve Uygunsuz Durumların Rapor Edilmesi 6 Etik Yardım Hattı 6 Misilleme Yapmama 6 Davranış Kurallarının Uygulaması 6 Kuralların İhlalleri 7 Herkese Saygı Çeşitlilik ve Katılım 9 Ayırımcılık veya Taciz 9 İşyeri İlişkileri 9 Madde Bağımlılığı 10 Fiziksel Güvenlik ve İşyerinde Şiddet 10 İşyerinde Dürüstlük Doğru Bilgiler, Veriler ve Kayıtlar 12 Muhasebe Dürüstlüğü 12 Şirket İletişimleri 14 Varlıkların Korunması ve Kullanımı 14 Özel ve Gizli Bilgiler, Fikirler ve Fikri Mülkiyet 14 Gizlilik, Kişisel Bilgiler ve Veri Koruma 15 İnternet ve E-posta Kullanımı 15 Sosyal Medya ve Sosyal Ağ Oluşturma 15 Bilgisayar Güvenliği, Yazılım Lisansı ve Telif Hakları 16 İçeriden Bilgiler ve Bunlara Dayalı Menkul Değer Alım Satımı 16 Siyasi Katkılar/Faaliyetler ve Yardım Amaçlı Katkılar 16 Hükümet Soruşturmaları ve Araştırmaları 17 İşletmemizde Dürüstlük Dürüst İş Yapmak 19 Rüşvet ve Bahşişler 19 Temsilciler ve Danışmanlar 20 Rekabet 20 Hediyeler ve Ağırlama 20 Çıkar Çatışması 21 Kendi Yararına İşlem 22 Uluslararası Ticaret 22 Kurumsal Sosyal Sorumluluk Sürdürülebilirlik 24 Güvenlik, Sağlık ve Çevre 24 Ürün ve Hizmet Güvenliği 25 İnsan Haklarına Saygı 25 Ortak Bir Taahhüt 25 Kaynaklar ve İletişim Bilgileri 26 1 İçindekiler İcra Kurulu Başkanı’ndan Mesaj Sayın Avient Çalışanları, Büyüyen, küresel bir şirketin bir parçası olarak zorlu durumlar ve karmaşık bir karar verme süreci ile karşı karşıyayız.
Hiçbir durumda nakit para veya eşdeğeri bir şey (ör. hediye çeki) verilemez veya kabul edilemez. 21 İçindekiler İş ilişkilerimize zarar vermeden nazikçe hediyeyi geri çeviremediğiniz durumlarda, hediyeyi alabilir ve elden çıkarması için hemen Avient’in Baş Hukuk Müşavirine verebilirsiniz.
Etik Yardım Hattı: https://www.Avient.com/company/policies-and-governance/ethics-hotline Etik Yardım Hattı Telefon Numarası: 1-877-228-5410 https://www.Avient.com/company/policies-and-governance/ethics-hotline Kuzey Amerika Global Genel Müdürlük Avon Lake, Amerika Birleşik Devletleri 33587 Walker Road Avon Lake, OH, Amerika Birleşik Devletleri 44012 Ücretsiz: 1-866-765-9663 Telefon: 1-440-930-1000 Faks: +440 930 3064 Asya Pasifik Bölge Merkezi Şanghay, Çin 2F, Block C 200 Jinsu Road Pudong, 201206 Şanghay, Çin Telefon: +86 (0) 21 6028 4888 Faks: +86 (0) 21 6028 4999 Güney Amerika Bölge Merkezi Sao Paulo, Brezilya Av.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Portuguese.pdf
Nosso Código de Conduta 2023 Sumário Mensagem do diretor executivo 1 Nossa visão e estratégia 2 Valores fundamentais e pessoais 2 Nosso Código de Conduta Orientações para comportamento ético 4 Valores pessoais 4 Solução de dúvidas e comunicação de situações de não conformidade 6 Linha direta de ética 6 Nenhuma retaliação 6 Aplicação do Código de Conduta 7 Violações do Código 7 Respeito por todos Diversidade e inclusão 9 Discriminação ou assédio 9 Relacionamentos no local de trabalho 9 Abuso de substância 10 Segurança física e violência no local de trabalho 10 Honestidade no trabalho Informações, dados e registros precisos 12 Integridade da contabilidade 12 Comunicações da empresa 14 Proteção e uso de ativos 14 Informações exclusivas e confidenciais, ideias e propriedade intelectual 14 Privacidade, informações pessoais e proteção de dados 15 Uso de internet e e-mail 15 Mídias sociais e redes sociais 15 Segurança do computador, licenciamento de software e direitos autorais 16 Informações privilegiadas e transações com informações privilegiadas 16 Contribuições/atividades políticas e contribuições para caridade 17 Investigações e consultas do governo 17 Integridade em nossos negócios Negociação justa 19 Suborno e propinas 19 Agentes ou consultores 20 Concorrência 20 Presentes e hospitalidade 20 Conflitos de interesses 21 Autonegociação 22 Comércio internacional 22 Responsabilidade social corporativa Sustentabilidade 24 Segurança, saúde e meio-ambiente 24 Segurança de produtos e serviços 25 Respeito pelos direitos humanos 25 Um compromisso compartilhado 25 Recursos e informações de contato 26 1 Sumário Mensagem do diretor executivo Prezados colaboradores da Avient, Como parte de uma empresa global em crescimento, enfrentamos situações desafiadoras e tomadas de decisões complexas.
Aceitar presentes que poderiam ser interpretados como tendo potencial para influenciar inapropriadamente 21 Sumário suas decisões também é proibido.
Linha direta de ética: https://www.Avient.com/company/policies-and-governance/ethics-hotline Número de telefone da linha direta de ética: 1-877-228-5410 https://www.Avient.com/company/policies-and-governance/ethics-hotline América do Norte Sede global Avon Lake, Estados Unidos 33587 Walker Road Avon Lake, OH, Estados Unidos 44012 Ligação gratuita: +1 (866) 765 9663 Telefone: +1 (440) 930 1000 Fax: +1 (440) 930 3064 Ásia-Pacífico Sede regional Xangai, China 2F, Block C 200 Jinsu Road Pudong, 201206 Xangai, China Telefone: +86 (0) 21 6028 4888 Fax: +86 (0) 21 6028 4999 América do Sul Sede regional São Paulo, Brasil Av.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202018.pdf
Patterson Chairman, President and CEO INTRODUCTION B O B P A T T E R S O N PolyOne Corporation 7 PolyOne Corporation 8 H I S T O R I C P A S T I N S P I R E D F U T U R E S U S T A I N A B I L I T Y A T P O L Y O N E PolyOne Corporation 9 P E O P L E P R O D U C T S P L A N E T S A F E T Y F I R S T PolyOne Corporation 10 1.3 1.1 1.1 0.85 0.65 0.57 0.54 0.97 0.84 0.74 0.74 0.69 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Injuries per 100 Workers Spartech Acquisition T H E P O L Y O N E A C A D E M Y PolyOne Corporation 11 Leadership Program Participants 2012 2013 2014 2015 47 0 86 2016 2017 125 169 216 Campus Hires 2008 2011 2014 2017 0 25 90 47 S U S T A I N A B L Y I M P A C T I N G D I V E R S E E N D M A R K E T S PolyOne Corporation 12 With emphasis on: • Light-weighting • Reducing packaging materials • Improving recyclability • Reducing spread of infection • Facilitating alternative energy solutions Transportation 18% Industrial 16% Building & Construction 12% Consumer 12% Packaging 11% Healthcare 11% Wire & Cable 9% Electrical & Electronics 6% Appliance 5% P R O D U C T S A N D P O R T F O L I O O P T I M I Z A T I O N PolyOne Corporation 13 R E I N V E S T G R O WD I V E S T ( D S S ) OUR PLANET PolyOne Corporation 14 Energy Saving Projects 26 10% REDUCTION 47 11% REDUCTION Waste Reduction Projects 2,557 LSS Projects Executed 202 PolyOne LSS Blackbelts 2011 2014 2017 202 2008 147 67 0 0 2,557 2008 2017 S U S T A I N A B I L I T Y A T P O L Y O N E PolyOne Corporation 15 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E 2009 2010 2011 2012 2013 2014 2015 2016* 2017* A D J U S T E D E P S E X P A N S I O N C O N S E C U T I V E Y E A R S PolyOne Corporation 16 8 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 $2.06 $2.21 *Pro Forma for sale of DSS E A R L Y Y E A R S D E F I N E D B Y S P E C I A L T Y M I X I M P R O V E M E N T PolyOne Corporation 17 2% 65% 2005 2014 $5M $242M + 25% + 33% Specialty OI % of Operating Income C O M M O D I T Y P R U N I N G H E L D O R G A N I C S A L E S F L A T PolyOne Corporation 18 2010 2011 2012 2013 2014 Acquisitions Organic Revenue 531 680130 153 504 618 2014 Q1 2018 R&D / Technical Marketing Sales I N V E S T M E N T I N COMMERCIAL RESOURCES D R I V I N G R E S U L T S PolyOne Corporation 19 Increased commercial headcount Largest organic revenue growth since recession $2.9 $2.9 $3.2 2015 2016 2017 Revenue in billions of $ + 28% + 18% + 23% Total + 10% Organic + 7% S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H PolyOne Corporation 20 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E Double digit annual EPS growth Expand specialty portfolio with strategic acquisitions Innovate and develop new technologies and services Repurchase 600K-1M shares annually Increase commercial resources 6-8% annually Double acquired company margins Enhance efficiencies through Lean Six Sigma and commercial excellence 5.0% 14.0% 15.0% 16-17% 2006 2017 Platinum Vision Updated Expectations R A I S I N G T H E B A R R O I C D R I V E S S H A R E H O L D E R R E T U R N PolyOne Corporation 21 COMMERCIAL EXCELLENCE PolyOne Corporation 22 M I C H A E L G A R R A T T C O M M E R C I A L R E S O U R C E S I N N O V A T I O NS E R V I C E S T R A T E G I C I N V E S T M E N T I N 3 K E Y A R E A S PolyOne Corporation 23 531 680130 153 504 618 2014 Q1 2018 R&D / Technical Marketing Sales K E Y C O M M E R C I A L I N V E S T M E N T S PolyOne Corporation 24 Increased commercial headcount + 28% + 18% + 23% Generating opportunities 35% more sales calls 25% more marketing campaigns 1,000 new customers, expanding customer base by 5% $1.0B increase in new opportunities Enhancing efficiency 8% reduction of average territory size, enabling greater customer focus 20% more prospecting calls N E W R E S O U R C E S F U E L I N G T H E F U T U R E PolyOne Corporation 25 P O L Y O N E S A L E S F U N N E L +34% 2014 $3.0 billion 2017 $4.0 billion A L I G N I N G W I T H T R E N D S F O R G R O W T H T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R PolyOne Corporation 26 Facilitate alternative energy solutions Light- weighting Reduce packaging materials Improve recyclability Reduce spread of infection I N N O V A T I O N PolyOne Corporation 27 3 Horizons of Development Customization 55% M&A 30% Innovation Pipeline 15% Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Business Focus Innovation comes from 3 H O R I Z O N S O F D E V E L O P M E N T PolyOne Corporation 28 Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Business Focus New development adjacent to our existing technology base New development beyond our current technology base Development within our current technology base Service adjacent markets and customers Create new markets, target new customer needs Service existing markets and customers Market Technical I N N O V A T I O N Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Business Focus 3 H O R I Z O N S O F D E V E L O P M E N T PolyOne Corporation 29 Service adjacent markets and customers Create new markets, target new customer needs Service existing markets and customers Market Technical I N N O V A T I O N Gordon/Polystrand – Composites GLS – Thermoplastic Elastomers ColorMatrix – Liquid Color & Additives New development adjacent to our existing technology base New development beyond our current technology base Development within our current technology base Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Business Focus 3 H O R I Z O N S O F D E V E L O P M E N T PolyOne Corporation 30 Service adjacent markets and customers Create new markets, target new customer needs Service existing markets and customers Market Technical I N N O V A T I O N Non-Halogen Flame Retardant Polymers Barrier Technologies Fiber Colorants Advanced Composites Thermoplastic Elastomers New development adjacent to our existing technology base New development beyond our current technology base Development within our current technology base I N N O V A T I O N P I P E L I N E PolyOne Corporation 31 PrototypeFrame Opportunity Scale-up & Test Market Build Business Case Commercial Launch Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 8 5 6 2 1 15 4 10 5 11 4 5 7 Breakthrough Platform Derivative Number of Projects 26 16 20 15 2 79 Color Technologies – – $335 $670 $410 19 $1,415 Barrier Additives – – $160 $255 – 8 $415 Flame Retardant Polymers – – $200 $50 – 14 $250 Thermoplastic Elastomers – – $410 $80 $30 17 $520 Advanced Composites – – $100 $40 – 8 $140 Specialty Vinyl Formulations – – $25 $75 – 13 $100 Total Addressable Market ($ millions) – – $1,230 $1,170 $440 $2,840 12% 38% 2006 2017 $20 $52 2006 2017 Research & Development Spend ($ millions) Vitality Index % of sales from products launched last 5 years I N N O V A T I O N D R I V E S E A R N I N G S G R O W T H PolyOne Corporation 32 A U N I Q U E C U S T O M E R E X P E R I E N C E Industrial Design IQ DESIGN LABS PolyOne Corporation 33 Material & Color Expertise Manufacturing Expertise 3 14 2014 2017 Industrial designers $0 $7M 2014 2017 $4M $40M 2014 2017 Opportunity funnel New business revenue 3 D P R I N T I N G B R I N G I N G N E W I D E A S T O L I F E PolyOne Corporation 34 Enables validation of fit and function Shortens design cycle and time to market Avoids tooling rework Drives innovation Delivers substantial customer value LSS CUSTOMER FIRST PolyOne Corporation 35 Customer Projects Enables sales growth by building more intimate customer relationships, giving us insight to customers’ needs, with a service that is not easily replicated 2014 2017 2 85 Lead Specialists T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P PolyOne Corporation 36 Expanded Path Traditional Path Strategic Accounts/ Field Sales Business Development Customer Service Web and Social Media Inside Sales PolyOne Corporation 37 Investments in digital and dedicated inside sales to improve customer experience 80% increase in leads (from 6,000 to 11,000) driven by website, phone, and online chat EXPANDED PATH A D D I N G C U S T O M E R T O U C H P O I N T S 4 21 2014 2017 Inside sellers $11M $88M 2014 2017 Inside sales/digital revenue C O M M E R C I A L R E S O U R C E S I N N O V A T I O N S E R V I C E I N S P I R E D F U T U R E 6-8% annual increase in commercial resources 4 focused end-markets aligned with global megatrends 5 strategic innovation platforms 30% increase in IQ Design projects 35% increase in revenue from inside sales/digital ≥35% vitality index PolyOne Corporation 38 I N N O V A T I N G W I T H P O L Y O N E PolyOne Corporation 39 SEGMENT REVIEWS POLYONE DISTRIBUTION PolyOne Corporation 40 S C O T T H O R N D I S T R I B U T I O N E N D M A R K E T S & S U P P L I E R S PolyOne Corporation 41 Transportation 23% Healthcare 22% Industrial 18% Consumer 15% Appliance 7% Electrical & Electronics 6% Building & Construction 4% Packaging 3% Wire & Cable 2% $20 $25 $63 $73 2.9% 4.0% 5.9% 6.3% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 15 25 35 45 55 65 75 2005 2009 2013 2017 Operating Income & Margin2017 Revenue | $1.2 Billion http://www.polyone.com/Pages/VariationRoot.aspx http://www.polyone.com/Pages/VariationRoot.aspx S E R V I C E I S O U R B U S I N E S S PolyOne Corporation 42 Uniquely positioned to help our customers grow their brand and value-added solutions 1.2B $ Annual Sales 250 Global Employees 24 Strategic Presence 132 Sales Reps Warehouse Locations 6 Service Centers Dedicated Commercial Team S E R V I C E I S O U R B U S I N E S S S A F E L Y A N D R E S P O N S I B L Y PolyOne Corporation 43 95% on-time delivery Customer/Product Combinations 14,000 Transactions/Month In-Person Customer Visits 6,500 27,000 $ K E Y C O M M E R C I A L I N V E S T M E N T S PolyOne Corporation 44 Generating opportunities 37% more sales calls $65M in new revenue from inside sales $400M increase in new opportunities Enhancing efficiency 24% increase in close rate 51% increase in prospecting calls Increased commercial headcount 119 13211 1315 23 2014 Q1 2018 Sales R&D / Technical Marketing + 18% + 53% + 11% PolyOne Corporation 45 Providing differentiated services that meet the needs of the changing customer landscape G R O W T H T H R O U G H I N S I D E S A L E S $4 $65 2014 2017 PolyOne Distribution Inside Sales $ in millions PolyOne Corporation 46 G R O W T H T H R O U G H M U L T I P L E S A L E S C H A N N E L S Technical Field Sales Key Accounts / Industry Sales Inside Sales Serving a broad spectrum of customers Leveraging digital systems to drive awareness and enhance the customer experience N E W R E S O U R C E S F U E L I N G T H E F U T U R E PolyOne Corporation 47 P O D S A L E S F U N N E L +27% 2014 $1.2 billion 2017 $1.6 billion C O M M E R C I A L R E S O U R C E S I N N O V A T I O N S E R V I C E I N S P I R E D F U T U R E 6-8% annual increase in commercial resources >10% annual increase in revenue from inside sales and digital with expanded customer touch points 8% annual expansion of sales funnel with best-in-class service and technical expertise 6-8% compound annual operating income growth 6-7% operating margins PolyOne Corporation 48 SPECIALTY ENGINEERED MATERIALS PolyOne Corporation 49 M I C H A E L G A R R A T T S P E C I A L T Y E N G I N E E R E D M A T E R I A L S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 50 Engineered Formulations Advanced Composites Thermoplastic Elastomers Consumer 20% Transportation 19% Electrical & Electronics 15% Wire & Cable 13% Healthcare 11% Industrial 8% Packaging 7% Appliance 4% Building & Construction 3% S P E C I A L T Y E N G I N E E R E D M A T E R I A L S Revenue by Region Operating Income & Margin 2 0 1 7 R E V E N U E | $ 6 2 4 M I L L I O N PolyOne Corporation 51 $21 $57 $76 0.1% 5.1% 9.3% 12.1% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 20 30 40 50 60 70 80 90 2005 2009 2013 2017 Europe 28% United States 48% Asia 22% Canada 2% C A P I T A L I Z I N G O N T H E G L O B A L M A R K E T PolyOne Corporation 52 Demand for engineered materials is accelerating Expanding thermoplastic elastomer portfolio to meet the demands of local consumption Grow and develop low smoke, non-halogen technologies to meet increasing European standards Adding capacity in strategic markets India Germany China North America Establishing a commercial hub in Southeast Asia C O M M E R C I A L R E S O U R C E S I N N O V A T I O NS E R V I C E S T R A T E G I C I N V E S T M E N T I N 3 K E Y A R E A S PolyOne Corporation 53 K E Y C O M M E R C I A L I N V E S T M E N T S PolyOne Corporation 54 Generating opportunities 13% more sales calls 36% increase in customization projects $270M increase in new opportunities Enhancing efficiency 12% reduction in average territory size, enabling greater customer focus 50% improvement in speed of formulation turnaround Increased commercial headcount 133 17335 39 120 147 2014 Q1 2018 R&D / Technical Marketing Sales + 30% + 11% + 23% N E W R E S O U R C E S F U E L I N G T H E F U T U R E PolyOne Corporation 55 S E M S A L E S F U N N E L +43% 2014 $610 million 2017 $880 million L S S C U S T O M E R F I R S T G R O W T H T H R O U G H S E R V I C E PolyOne Corporation 56 Leading Sporting Goods Manufacturer Provided Lean Six Sigma training and led an onsite Black Belt project to improve product development cycle times Reduced innovation project cycle times by over 10% and prototyping by 40% 80% increased production resulting in $500k savings I N N O V A T I O N S P O T L I G H T : C O M P O S I T E S PolyOne Corporation 57 C O M P O S I T E S R E F R E S H E R PolyOne Corporation 58 Fiber Polymer Composite Strength Design Flexibility Continuous Fiber Thermoset Composites Short Glass Fiber Thermoplastics Continuous Fiber Thermoplastic Composites Long Glass Fiber Thermoplastics S T R A T E G I C I N V E S T M E N T H I S T O R Y PolyOne Corporation 59 Acquired Polystrand Installed LFT production Avon Lake Long Fiber Thermoplastic (LFT) Technology Installed LFT production Barbastro, Spain Acquired Glasforms Acquired Gordon Composites Thermoplastic Composites Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets 2010 2012 2015 2016 20162009 20122011 2014 C O M P O S I T E S I N T R A N S P O R T A T I O N PolyOne Corporation 60 W A T E R C R A F TR A I L H E A V Y T R U C K Bulkheads and Transoms Ceilings and Hatches Doors and Cabinetry Flooring Door Panels Side Walls Flooring & Side Panels Aerodynamic Fairings Seat and Bunk Reinforcements 17 44 At Acquisition Now Commercial Resources 0% 20% At Acquisition Goal Operating Margins Test Market Innovation Projects 8 PolyOne Corporation 61 A D V A N C E D C O M P O S I T E S Long-term investments align with key global megatrends Light-Weighting Design Flexibility Sustainability C O M M E R C I A L R E S O U R C E S I N N O V A T I O N S E R V I C E I N S P I R E D F U T U R E 6-8% annual increase in commercial resources >10% annual increase in customization projects 10% annual expansion of sales funnel, enhancing portfolio in 4 focus end markets 20% increase in global capacity 12-15% compound annual operating income growth 14-16% operating margins PolyOne Corporation 62 PERFORMANCE PRODUCTS & SOLUTIONS PolyOne Corporation 63 D O N W I S E M A N P E R F O R M A N C E P R O D U C T S & S O L U T I O N S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 64 Specialty Vinyl Solutions Healthcare Formulations Smart Device Materials Flame Retardant Polymers Building & Construction 30% Industrial 18% Transportation 16% Wire & Cable 15% Appliance 7% Packaging 5% Consumer 5% Electrical & Electronics 3% Healthcare 1% Asia 2% United States 77% Mexico 5% Canada 16% P E R F O R M A N C E P R O D U C T S & S O L U T I O N S Operating Income & MarginRevenue by Region 2 0 1 7 R E V E N U E | $ 7 2 1 M I L L I O N $40 $33 $56 $77 4.6% 3.6% 7.2% 10.7% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 0 10 20 30 40 50 60 70 80 90 100 2005 2009 2013 2017 PolyOne Corporation 65 $886 $668 $773 $721Sales C O M M E R C I A L R E S O U R C E S I N N O V A T I O NS E R V I C E S T R A T E G I C I N V E S T M E N T I N 3 K E Y A R E A S PolyOne Corporation 66 K E Y C O M M E R C I A L I N V E S T M E N T S PolyOne Corporation 67 Generating opportunities 25% more sales calls 113% increase in innovation pipeline $240M increase in new opportunities Enhancing efficiency 36% increase in prospecting calls 300 basis point improvement in operating margin Increased commercial headcount 57 66 17 18 37 53 2014 Q1 2018 R&D / Technical Marketing Sales + 16% + 43% + 6% N E W R E S O U R C E S F U E L I N G T H E F U T U R E PolyOne Corporation 68 P P & S S A L E S F U N N E L +40% 2014 $610 million 2017 $850 million L S S C U S T O M E R F I R S T G R O W T H T H R O U G H S E R V I C E PolyOne Corporation 69 Leading Wire & Cable Manufacturer Provided Lean Six Sigma training and led on-site Kaizen process improvements Reduced over 400 labor hours through reorganized work area and floor space Increased manufacturing throughput value $1.4M G R O W T H T H R O U G H S E R V I C E PolyOne Corporation 70 IQ Design is collaborating with a leading medical device manufacturer to replace metal and provide chemical resistance to solve cracking issues related to intense cleaning requirements H E A L T H C A R E I N N O V A T I O N S I N N O V A T I O N S P O T L I G H T : F L A M E R E T A R D A N T P O L Y M E R S PolyOne Corporation 71 F L A M E R E T A R D A N T D R I V E R S PolyOne Corporation 72 Shift toward less toxic solutions Increased consumer awareness Focus on environmentally friendly solutions New regulatory standards F L A M E R E T A R D A N T P E R F O R M A N C E S P E C T R U M PolyOne Corporation 73 Flame Retardant Flame Retardant Flame Retardant Non-Halogen No Dripping Low Smoke Low Toxicity & Corrosiveness H A L O G E N N O N - H A L O G E N L S F O H ( L o w S m o k e a n d F u m e , N o n - H a l o g e n ) Non-Halogen R E G U L A T O R Y C H A N G E S P R O V I D E O P P O R T U N I T Y L E D S O L U T I O N S PolyOne Corporation 74 Solutions for rigid molded & extruded applications Superior outdoor weather performance Excellent light dispersion qualities Formulated to meet stringent flame-rating regulations Custom design support to meet demand C O M M E R C I A L R E S O U R C E S I N N O V A T I O N S E R V I C E I N S P I R E D F U T U R E 6-8% annual increase in commercial resources 8% more sales calls annually 10% annual expansion of sales funnel, including breakthroughs in healthcare technologies 8-10% compound annual operating income growth 12-14% operating margins PolyOne Corporation 75 COLOR ADDITIVES & INKS PolyOne Corporation 76 M A R K C R I S T C O L O R , A D D I T I V E S & I N K S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 77 Solid Colorants Performance Additives Screen Printing Inks Liquid Colorants Packaging 27% Industrial 14% Textiles 12% Building & Construction 10% Wire & Cable 10% Transportation 8% Consumer 7% Healthcare 6% Electrical & Electronics 3% Appliance 3% Operating Income & MarginRevenue by Region C O L O R , A D D I T I V E S & I N K S 2 0 1 7 R E V E N U E | $ 8 9 3 M I L L I O N $4 $25 $104 $139 0.9% 5.5% 12.2% 15.5% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 18.0% 20 30 40 50 60 70 80 90 100 110 120 130 140 150 2005 2009 2013 2017 PolyOne Corporation 78 Europe 32% United States 46% Asia 15% Canada 1% Mexico 4% Brazil 2% C A P I T A L I Z I N G O N T H E G L O B A L M A R K E T PolyOne Corporation 79 Emerging markets driving strong demand for color and additives Rapid adoption of food and beverage packaging additives Fiber colorants growth focused on expanding Asia-Pacific market Increase commercial investments focused on China, India and Mexico Expand capacity in China and leverage investments in India Recent acquisitions increasing global reach C O M M E R C I A L R E S O U R C E S I N N O V A T I O NS E R V I C E S T R A T E G I C I N V E S T M E N T I N 3 K E Y A R E A S PolyOne Corporation 80 K E Y C O M M E R C I A L I N V E S T M E N T S PolyOne Corporation 81 Generating opportunities 35% more sales calls 30% increase in customized color formulations 106% increase in innovation pipeline $170M increase in new opportunities Enhancing efficiency 20% increase in prospecting calls 9 days or less in design turnaround time: best-in-class Increased commercial investment 301 382 38 43 209 275 2014 Q1 2018 R&D / Technical Marketing Sales + 27% + 13% + 32% N E W R E S O U R C E S F U E L I N G T H E F U T U R E PolyOne Corporation 82 C A I S A L E S F U N N E L +32% 2014 $540 million 2017 $710 million L S S C U S T O M E R F I R S T PolyOne Corporation 83 Developed inventory management framework to reduce working capital by 20% Printing Equipment and Supply Manufacturer Provided Lean Six Sigma training and conducted process mapping exercises to identify key improvement opportunities Optimize manufacturing: 45% improvement in assembly process, 25% improvement in cycle time G R O W T H T H R O U G H S E R V I C E I N N O V A T I O N S P O T L I G H T : A D D I T I V E & C O L O R A N T T E C H N O L O G I E S PolyOne Corporation 84 B A R R I E R T E C H N O L O G I E S Active oxygen scavenging additive in the bottle wall Evolving technology for active oxygen scavenging additive in the bottle cap Amosorb™ HyGuard™ UV and visible light blocking additive to prevent degradation of product Lactra™ SX Market leader in oxygen, light and UV barrier solutions for the PET bottle market PolyOne Corporation 85 S T R A T E G I C A D D R E S S A B L E M A R K E T > $ 2 0 0 M F I B E R C O L O R A N T S Eliminate waste water associated with conventional dyeing Help meet sustainability targets for brand owners Enable “uncolored fiber” producers to bypass dyehouse Strategic addressable market >$300M PolyOne Corporation 86 S T R A T E G I C I N V E S T M E N T H I S T O R Y PolyOne Corporation 87 Thermoplastic Composites 2011 2015 2018 Acquired ColorMatrix Acquired Magenta Acquired IQAP $10 $45 2014 2017 Revenue from Fiber Color ($ in millions) Invested in development of liquid fiber colorant technology Expanded solid colorant offerings 38 43 At Acquisition Now Commercial Resources Innovation Projects 5 PolyOne Corporation 88 I N V E S T I N G F O R T H E F U T U R E Nearly 900 projects identified Gaining sustainable momentum & building trust with consumers Fiber Sales Funnel $125M “We are unleashing the power of human potential, all to advance the game.
Leverage PolyOne’s global reach Phase 1 Phase 2 Phase 3 18-20% operating margins Invest in commercial resources I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 98 Commercial Resources Operating Income ($ in millions) Operating Margins 243 335 At Acquisition Today $36 $90 At Acquisition Today 11% 20% At Acquisition Today Established Acquisitions (> 7 years) + 40% + 150% + 900 bps I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 99 Commercial Resources Operating Income (millions) 53 109 At Acquisition Today 187 214 At Acquisition Today 3 12 At Acquisition Today $12 $45 At Acquisition Today $22 $42 At Acquisition Today $2 $4 At Acquisition Today Acquisition #1 (10 years) Acquisition #3 (7 years) Acquisition #2 (9 years) EBITDA Multiple 10.5x 3.0x At Acquisition Today 11.1x 7.6x At Acquisition Today 4.9x 2.8x At Acquisition Today 10% 23% At Acquisition Today 11% 17% At Acquisition Today 21% 30% At Acquisition Today Return on Sales I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E PolyOne Corporation 100 Commercial Resources Operating Income ($ in millions) Operating Margins 17 44 65 At Acquisition Today Goal $0 $0 $25 At Acquisition Today Goal 0% 0% 20% At Acquisition Today Goal Advanced Composites I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E PolyOne Corporation 101 Commercial Resources Operating Income ($ in millions) Operating Margins 96 100 141 At Acquisition Today Goal $16 $18 $36 At Acquisition Today Goal 11% 12% 18-20% At Acquisition Today Goal Recent Color Acquisitions PolyOne Corporation 102 Average Company Size # of Possibilities Rationale 250 • Local to regional footprint • Niche technology focus • Concentrated customer base $50M–$200M 150 • Regional to global footprint • 1–3 specialty technologies • Diversified customer base >$200M 30 • Global footprint with local service • Diverse specialty technologies • Highly diversified customer & market portfolio S T R O N G P I P E L I N E D R I V E N B Y F R A G M E N T E D M A R K E T S U M M A R Y PolyOne Corporation 103 Proven track record with specialty acquisitions using invest-to-grow strategy Our approach to integration differentiates PolyOne in a competitive M&A market Trusted brand and reputation Buyer of choice Robust pipeline with a range of opportunities that fit our strategy FINANCIAL REVIEW B R A D R I C H A R D S O N PolyOne Corporation 104 PolyOne Corporation 105 A D J U S T E D E P S E X P A N S I O N 2009 2010 2011 2012 2013 2014 2015 2016* 2017* C O N S E C U T I V E Y E A R S 8 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 $2.06 $2.21 *Pro Forma for sale of DSS PolyOne Corporation 106 S T R A T E G I C C A S H D E P L O Y M E N T ORGANIC GROWTH Investing in R&D and capacity 11 Maintenance 40% Strategic Growth Investments 60% Capital Expenditures M&A OPPORTUNITIES Continued pursuit of strategic bolt on acquisitions that expand specialty offerings 2 SHAREHOLDER RETURN Dividends and share buybacks3 Over $400 million M&A Spending Since 2014 $809 million Share Repurchases 2011-Q1 2018 60% Increase in annual dividend over next three years 2011 2013 2015 2017 2006 2017 “Where we were” “Where we are” ROIC 5.0% 14.0% Operating Income % of Sales Color, Additives & Inks 1.7% 15.5% Specialty Engineered Materials 1.1% 12.1% Performance Products & Solutions 4.3% 10.7% Distribution 2.6% 6.3% P R O O F O F P E R F O R M A N C E E X P A N D I N G M A R G I N S & R O I C PolyOne Corporation 107 531 680130 153 504 618 2014 Q1 2018 R&D / Technical Marketing Sales I N V E S T M E N T I N COMMERCIAL RESOURCES D R I V I N G R E S U L T S PolyOne Corporation 108 Increased commercial headcount Largest organic revenue growth since recession $2.9 $2.9 $3.2 2015 2016 2017 Revenue in billions of $ + 28% + 18% + 23% Total + 10% Organic + 7% S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H PolyOne Corporation 109 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E Double digit annual EPS growth Expand specialty portfolio with strategic acquisitions Innovate and develop new technologies and services Repurchase 600K-1M shares annually Increase commercial resources 6-8% annually Double acquired company margins Enhance efficiencies through Lean Six Sigma and commercial excellence 6.3% 14.0% 15.0% 16-17% 2009 2017 Platinum Vision Updated Expectations R O I C D R I V E S S H A R E H O L D E R R E T U R N PolyOne Corporation 110 R O I C D R I V E S S H A R E H O L D E R R E T U R N 6.3% 14.0% 15.0% 16-17% 2009 2017 Platinum Vision Updated Expectations PolyOne Corporation 111 $570 $1,650 $1,750 $2,000 2009 2017 Platinum Vision Updated Expectations ROIC Invested Capital ($ in millions) Improving ROIC + Expanding Invested Capital = Outperforming the Market CONCLUSION B O B P A T T E R S O N PolyOne Corporation 112 1 Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
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No modification or addition to the contract shall occur by the acknowledgment or acceptance by Seller of a purchase order, acknowledgment, release or other form submitted by Buyer containing additional or different terms or conditions. 21.
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EPS: $1.00 $0.54 $0.68 $0.30 $0.45 $0.60 $0.75 H1'12 H1'13 Adjusted EPS $101.0 $132.6 $50.0 $100.0 $150.0 H1'12 H1'13 Adjusted Operating Income (millions) +31% $68.6 $97.7 $50.0 $75.0 $100.0 H1'12 H1'13 Specialty Operating Income (millions) First Half 2013 Financial Highlights • Adjusted EPS increased 26% over prior year first half • Operating Income expanded 31% versus first half 2012 • Specialty operating income up 42% • Revenue grew 22% versus 1H ‘12 • Portfolio transformation activities Completed acquisition of Spartech Divested non-core Resin business +26% +42% Page 12 • Significant Debt Maturities $ 1,010 Other Debt 21 • Total Debt at 6/30/13 Less: Cash Net Debt • Available Liquidity Cash ABL Availability Total Liquidity • Net Debt / EBITDA = 1.9x • Net Debt / EBITDA = 2.1x*(tax adjusted) $392 310 $702 $1,031 392 $639 $50 $360 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Significant Debt Maturities As of June 30, 2013 ($ millions) Page 13 Coupon Rates: 7.500% 7.375% 5.250% *Pro Forma TTM for taxes on resin gain Debt Maturities & Liquidity Summary – 6/30/13 Cash Balance = $392M Net Debt / EBITDA* = 1.9x • Repurchased ~3.0M shares YTD in 2013 • 17 million shares are available for repurchase under the current authorization Share Repurchase • Introduced a quarterly dividend in Q1 2011 and increased in Q1 2012 (25%) and Q1 2013 (20%) • Objective of maintaining and growing Dividends • Expanding our sales, marketing, and technical capabilities is top priority • Investing in operational and LSS initiatives (including synergy capture) • CAPEX Organic Growth • Targets that expand our: • Specialty offering • End market presence • Geographic footprint • Synergy opportunities • Adjacent material solutions • North American manufacturing alignment Acquisitions *TTM 6/30/2013 Use of Cash Page 14 Why Invest In PolyOne?
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EPS: $1.00 $0.54 $0.68 $0.30 $0.45 $0.60 $0.75 H1'12 H1'13 Adjusted EPS $101.0 $132.6 $50.0 $100.0 $150.0 H1'12 H1'13 Adjusted Operating Income (millions) +31% $68.8 $97.7 $50.0 $75.0 $100.0 H1'12 H1'13 Specialty Operating Income (millions) First Half 2013 Financial Highlights • Adjusted EPS increased 26% over prior year first half • Operating Income expanded 31% versus first half 2012 • Specialty operating income up 42% • Revenue grew 22% versus 1H ‘12 • Portfolio transformation activities Completed acquisition of Spartech Divested non-core Resin business +26% +42% Page 12 • Significant Debt Maturities $ 1,010 Other Debt 21 • Total Debt at 6/30/13 Less: Cash Net Debt • Available Liquidity Cash ABL Availability Total Liquidity • Net Debt / EBITDA = 1.9x* • Net Debt / EBITDA = 2.1x*(tax adjusted) $392 310 $702 $1,031 392 $639 $50 $360 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Significant Debt Maturities As of June 30, 2013 ($ millions) Page 13 Coupon Rates: 7.500% 7.375% 5.250% *Pro Forma TTM Debt Maturities & Liquidity Summary – 6/30/13 Cash Balance = $392M Net Debt / EBITDA* = 1.9x • Repurchased ~3.0M shares YTD in 2013 • 17 million shares are available for repurchase under the current authorization Share Repurchase • Introduced a quarterly dividend in Q1 2011 and increased in Q1 2012 (25%) and Q1 2013 (20%) • Objective of maintaining and growing Dividends • Expanding our sales, marketing, and technical capabilities is top priority • Investing in operational and LSS initiatives (including synergy capture) • CAPEX Organic Growth • Targets that expand our: • Specialty offering • End market presence • Geographic footprint • Synergy opportunities • Adjacent material solutions • North American manufacturing alignment Acquisitions *TTM 6/30/2013 Use of Cash Page 14 Why Invest In PolyOne?