https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Credit%2520Suisse%2520w%2520non%2520GAAP%25206%252025%25202014.pdf
S&P 500
All time high of
$42.47
June 6th, 2014
PolyOne Corporation Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials
1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions
5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income
6.0% 64% 65 – 75%
3) ROIC* 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42%
Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
PolyOne Corporation Page 10
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental Share Buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement
Several Levers to
Drive Growth
Mid Single Digit Revenue CAGR
PolyOne Corporation Page 11
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Specialty Vitality Index Target ≥ 35%
PolyOne Corporation Page 12
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Unique and Innovative Solutions
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
PolyOne Corporation Page 13
Megatrends Aligned with Key End Markets
Decreasing
Dependence
on Fossil
Fuels
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
PolyOne Corporation Page 14
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
PolyOne Corporation Page 15
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales, marketing,
and technical capabilities
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million shares in
Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for
repurchase under the
current authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
PolyOne Corporation Page 16
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520GS%2520w%2520non%2520GAAP%25205_21_14.pdf
S&P 500
All time high of
$39.55
May 13th, 2014
Page 8
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials 1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions 5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 64% 65 – 75%
3) ROIC* 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42% Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 9
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement Several Levers to
Drive Growth
Mid single digit revenue CAGR
Page 10
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 11
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 12
Unique and Innovative Solutions
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
Page 13
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales, marketing, and
technical capabilities
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million shares in Q1
2014
Repurchased 6.4 million shares
since April 2013
13.6 million shares are
available for repurchase
under the current
authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
Page 14
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2021-11/avient-s.a-r.l.-belgium-branch-extract-cbe-0700822426-26-november-2021.pdf
Belgium Branch 08/11/2021
Registered seat
Route de Bastogne 19 09/08/2018
9638 Pommerloch
Luxembourg
Website www.polyone.com Declarative 09/08/2018
Legal Situation Status Start Date End Date
Normal situation Active 09/08/2018
Legal form Start Date End Date
Foreign entity 09/08/2018
VAT activities
Vesaliusstraat 31 - 1000 Brussels
E: ol.brussel@xerius.be
T: 02 609 62 30
26/11/2021 4Extract from Page 2from
Functions Last Name, first Name Registered entity Start Date End DateReason for termination
Representative (branch) Roels Jean-Marie 31/08/2018
Last Name, first Name Registered entity Start Date End DateReason for terminationEntrepreneurial skills -
Ambulant commerce -
Fairground operator
31/08/2018Non SME dispensation
(Exemption)
Characteristic Phase Duration Start Date End DateReason for termination
Employer National Social
Security Office
Characteristic/authorisation
01/11/2018undetermined
Subject to VAT Characteristic/authorisation
31/08/2018undetermined
Enterprise subject to
registration
Characteristic/authorisation
01/11/2018undetermined
General assembly End Date Financial Year Start Date Exceptional Year Start Date End DateEnd Date Exceptional Year
Financial Details
Share capital (Capital Stock)
Currency
Duration of the entity
12,000.00
EUR
June 31/12 09/08/2018
Use Bank account number Start Date End DateBank account number
Bank Accounts
BIC
For all purposes 685 8477013 57 31/08/2018BE09685847701357BOFABE3X
External Identifiers
NSSO number 143954886
Trade register number 19 0097620
There is no data available for the following sections: Authorisations, Working partners :, Ex-officio striking off, Links between registered entities
List of branches
Branch - Center of operations
Rue Melville Wilson 2 09/08/2018
België
26/11/2021 4Extract from Page 3from
Establishment unit number
2.278.618.585
Trade name French Avient S.à r.l., Belgium Branch 08/11/2021
Rue Melville Wilson 2 31/08/2018
België
Website www.polyone.com Declarative 31/08/2018
31/08/2018Start date establishment unit
End date establishment unit
Start date link between entities
End date link between entities
31/08/2018
Activities
Wholesale trade of industrial chemicals: aniline, printing ink,
essential oils, industrial gases, chemical glues, dyes, synthetic
resin, methanol, paraffin, etc.
It is therefore necessary to refer to the Belgian legislation in force in order to determine their scope.
26/11/2021 2Extract from Page 1from
EXTRACT OF THE ESTABLISHMENT UNIT DETAILS
Crossroads Bank of Enterprises: 0314.595.348
Establishment unit number
2.278.618.585
Trade name French Avient S.à r.l., Belgium Branch 08/11/2021
Rue Melville Wilson 2 31/08/2018
Belgium
Website www.polyone.com Declarative 31/08/2018
31/08/2018Start date establishment unit
End date establishment unit
Start date link between entities
End date link between entities
31/08/2018
Registered entity
Legal Situation
Normal situation
Vesaliusstraat 31 - 1000 Brussels
E: ol.brussel@xerius.be
T: 02 609 62 30
26/11/2021 2Extract from Page 2from
Activities
Wholesale trade of industrial chemicals: aniline, printing ink,
essential oils, industrial gases, chemical glues, dyes, synthetic
resin, methanol, paraffin, etc.
https://www.avient.com/sites/default/files/2024-05/Cesa Fiber Additives Hydrophobic for PP Nonvoven Medical - Case Study_0520.pdf
Medical textile manufacturer
MEDICAL TEXTILE
MANUFACTURER
A A M I S T A N D A R D G O W N S
• Water repellent properties for nonwoven fabric
• Fast and long-lasting water repellency
• Usable in nonwoven SMS spunbond layer
• Enhanced liquid repellency in spunbond
layer
• Eliminated the need for secondary water
repellent coatings
• Provided long lasting hydrophobic
performance
• Achieved IPA repellency grade 6
Cesa Fiber Additives Hydrophobic Solutions
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-03/OnForce -Swimming pool cleaner connector-Case Study Snapshot.pdf
SWIMMING POOL
CLEANER OEM
C L E A N E R C O N N E C T O R
• Durable and will not rust
• Dimensional stability
• Easy to process
• Delivered a corrosion-resistant, long glass
fiber-reinforced material with excellent
strength and modulus to replace steel
• Offered low moisture absorption and good
chemical resistance to maintain performance
• Responded quickly and provided local
technology support on mold design and
injection process
OnForce Long Glass Fiber Nylon Composite
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-05/dock-shelter-1-page.pdf
LOADING DOCK
SHELTERS
R E I N F O R C I N G S T A Y S
Replacement for steel or composite stays to provide reliable
seal from external environment:
• Withstand repeated flex and twisting, pass rigorous
proprietary flexural testing requirements
• Maintain performance in extreme temperatures
• Enabled repeated twisting and flexing
without failure, up to 90˚ bends, due to
exceptional mechanical properties
• Customized finishing to meet specific shape
and edge surface requirements
• Improved supply reliability with product
manufactured in Montrose, CO
Gordon Composites™ Thermoset Composite
Springs
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-12/Orthopedic Fixator Application Snapshot.pdf
EXTERNAL FIXATOR
DEVICE
S T A B I L I Z I N G R O D S
• Durable material that withstands everyday use
• Light weight for easy customer handling
• Precise stiffness to support load requirements and extend
product lifetime
• Maintained stiffness and straightness
necessary for halo applications
• Provided superior strength-to-weight ratio
vs. metal
• Appealed to aesthetics while maintaining
high performance needs
• Maximized user comfort via customized
Avient Design services
Glasforms™ Carbon Fiber Rods
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-01/LubriOne-Disposable Medical Tray-Application snapshot.pdf
MEDICAL DEVICE
MANUFACTURER
D I S P O S A B L E M E D I C A L T R A Y
• Excellent wear resistance that can sustain a minimum of
2,000 rotations
• Withstand freezing temperature as low as -20°C
• Can be sterilized by EtO
• Delivered excellent wear resistance
performance to fully meet customer’s request
• Provided dimensional stability required for
this medical application
• Reduced friction to lower the noise during
operation
LubriOne™ Internally Lubricated Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/trilliant-xr-ct-and-mri-scanners.pdf
Trilliant XR - CT and MRI Scanners
MEDICAL DEVICE
MANUFACTURER
M R I A N D C T S C A N N E R S
• Uniform shielding with no “hot spots”
• X-ray shielding up to 140 KeV
• Meet European Union’s Restriction of Hazardous
Substances (RoHS) future compliance requirements
• Provided a lead alternative solution that
delivered improved geometric flexibility for
more uniform radiation shielding
• Lowered shielding component costs 30-50%
by eliminating machining and assembly steps
Trilliant™ XR Lead Replacement
Thermoplastics
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-11/eccoh-5565-antenna-power-cable.pdf
CABLE
MANUFACTURER
A N T E N N A P O W E R C A B L E
• Elongation at -40°C
• High temperature bend test at 130°C
• Low water absorption
• Resistance to braided shielding
• Fire performance to pass CPR class Dca
• Provided best cold performance compared
to competitor solutions
• Enabled faster processing with increased
line speed
• Met material fire performance requirements
and all other performance criteria
ECCOH™ 5565 Formulation
KEY REQUIREMENTS
WHY AVIENT?