https://www.avient.com/sites/default/files/resources/11.30.18%2520Investor%2520Presentation%2520V1.pdf
V I S I O N
PolyOne Corporation 4
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
C O R E
V A L U E S
P E R S O N A L
V A L U E S
Honesty IntegrityRespect
Operational
Excellence
Commercial
Excellence
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
specialized polymer
materials, services
and solutions
S A F E T Y F I R S T
PolyOne Corporation 5
Injuries per 100 Workers
Spartech
Acquisition
1.3
1.1 1.1
0.85
0.65
0.57
0.54
0.97
0.84
0.74 0.74
0.69
0.51
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
YTD
PolyOne Corporation 6
P O L Y O N E
2 0 1 7 R E V E N U E | $ 3 . 2 B I L L I O N
9%
United States
59%
14%
10%
Latin
America
9%
Canada
PolyOne
Distribution
34%
Performance Products &
Solutions 21%
Specialty
Engineered
Materials
19%
Color
Additives &
Inks 26%
Segment End Market Geography
Building &
Construction
Electrical &
Electronics
2009 2010 2011 2012 2013 2014 2015 2016* 2017*
P R O O F O F P E R F O R M A N C E
C O N S E C U T I V E
Y E A R S
PolyOne Corporation 7
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
“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%
**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
A D J U S T E D E P S E X P A N S I O N
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 8
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
531
711130
158
504
656
2014 Q3 2018
R&D / Technical Marketing Sales
PolyOne Corporation 9
Increased commercial headcount
+ 34%
+ 22%
+ 30%
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
I N V E S T M E N T I N COMMERCIAL RESOURCES D R I V I N G G R O W T H
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 10
Expanded Path
Traditional Path
Strategic Accounts/
Field Sales
Business
Development
Customer
Service
Web and Social
Media
Inside Sales
PolyOne Corporation 11
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
Inside sellers
$11M
$88M
Inside sales/digital revenue
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 12
P O L Y O N E
S A L E S
F U N N E L
+34%
$3.0 billion
2017
$4.0 billion
A L I G N I N G W I T H T R E N D S F O R G R O W T H
T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R
PolyOne Corporation 13
Facilitate
alternative
energy
solutions
Light-
weighting
Reduce
packaging
materials
Improve
recyclability
Reduce
spread of
infection
I N N O V A T I O N
PolyOne Corporation 14
Customization
55%
M&A
30%
Innovation
Pipeline
Innovation comes from Research & Development Spend
($ millions)
Vitality Index
% of sales from products launched last 5 years
38%
$20
$52
Transformational
Opportunity for Growth
Through M&A
Adjacent
Opportunity for
Growth Through New
Product Pipeline
Core
Customization
3 H O R I Z O N S O F D E V E L O P M E N T
PolyOne Corporation 15
Incremental
development
from existing
base of
technology
New development
adjacent to current
New technology
development
outside of and with
our current base
Service adjacent
markets and
Create new
markets, target
new customer
needs
Service existing
markets and
Market
Technical
I N N O V A T I O N
Non-Halogen Flame
Retardants
Barrier Technologies
Fiber Colorants
Advanced Composites
Thermoplastic Elastomers
Gordon Composites/
Polystrand – Composites
GLS – Thermoplastic Elastomers
ColorMatrix – Liquid Color
& Additives
I N N O V A T I O N P I P E L I N E
PolyOne Corporation 16
PrototypeFrame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
(since 2015)
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
8
6
2 1
15 4
10
11
4
7
Breakthrough
Platform
Derivative
Number of Projects 26 16 20 15 2 79
Total Addressable Market
($ millions) - - $1,230 $1,170 $440 $2,840
F L A M E
R E T A R D A N T
P O L Y M E R S
A D V A N C E D
C O M P O S I T E S
B A R R I E R
M A T E R I A L S
C O L O R A N T
T E C H N O L O G I E S
T H E R M O P L A S T I C
E L A S T O M E R S
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 17
C O M P O S I T E S R E F R E S H E R
PolyOne Corporation 18
Polymer
Composite
Strength
Design Flexibility
Continuous
Fiber
Thermoset
Short Glass
Fiber
Thermoplastics
Continuous Fiber
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
Acquired
Polystrand
Installed LFT
production
Avon Lake
Acquired
Gordon
Thermoplastic Composites
Long Fiber Reinforced Thermoplastics
Continuous Fiber Thermosets
Long Fiber
Thermoplastic
(LFT)
Technology
Installed LFT
production
Barbastro,
Spain
Acquired
Glasforms
Long Fiber Reinforced Thermoplastics
Continuous Fiber Thermosets
2012 2015 20162009 2011
Acquired
PlastiComp,
specialty LFT
producer
PolyOne Corporation 19
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 20
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
PolyOne Corporation 21
Safety Technology Geography Service FinancialPeople
Low EH&S
risk profile
New and
complementary
technologies
Leverage our
global footprint
Strong
customer
relationships
Foundational
operating
margins of
8-10% with
ability to double
Motivated team
with a specialty
culture
I N V E S T - T O - G R O W M & A S T R A T E G Y
PolyOne Corporation 22
Capture
sourcing
synergies
Cross-sell
& blend
8-10%
operating
margins
I N V E S T - T O - G R O W M & A P L A Y B O O K
Protect
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
https://www.avient.com/sites/default/files/2019-12/Fermium_IR_Deck_12.16.19_for_Website.pdf
Cable jacket/sheath– Made of
PE
9
Fiber-Line Product
PolyOne Materials
F I B E R O P T I C A L G R O W T H D R I V E R S
PolyOne Corporation 20
5G Networks
Enable lower latency, greater
flexibility & efficiency
Installation of these networks are
in the very early stages
Installation will start in urban
hubs and will continue to expand
into suburban and rural areas
By 2025, only 14% of the world
will have 5G connections
Growth is expected over multi-
year period
5G technology will be a leading growth driver in fiber optic cable for several years
10x
Speed Increase
&
8x
More Antennae Required
5G vs. 4G
PolyOne Corporation 21
Safety Technology Geography Service FinancialPeople
Low EH&S
risk profile
New and
complementary
technologies
Leverage our
global footprint
Strong
customer
relationships
Foundational
operating
margins of
8-10% with
ability to double
Motivated team
with a specialty
culture
I N V E S T - T O - G R O W M & A S T R A T E G Y
PolyOne Corporation 22
Capture
sourcing
synergies
Cross-sell
& blend
8-10%
operating
margins
I N V E S T - T O - G R O W M & A P L A Y B O O K
Protect
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
https://www.avient.com/news/polyone-announces-second-quarter-2014-results
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: our ability to realize anticipated savings and operational benefits from the realignment of assets, including the planned closure of certain manufacturing facilities; the timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen disruptions of service or quality caused by such closings and/or production shifts; separation and severance amounts that differ from original estimates, amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies and retain relationships with customers of acquired companies including without limitations Spartech Corporation; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
See Attachment 3 for a definition of special items.
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches
Learn how you can make the switch.
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology
Sync design with manufacturability: Learn how Avient Design Labs can help with your next project
https://www.avient.com/products/polymer-additives/foaming-agents
Learn how molded-in color can offer the same eye-popping effects of paint at a greater efficiency and lower cost
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Hungary.pdf
Üzleti nyilvántartásnak minősül
például:
• új termékek fejlesztése
• teszteredmények;
• laboratóriumi jelentések
• kutatási adatok
• pénzügyi jelentések
• költségjelentések
• számlák
• munkaidő-nyilvántartások
• személyügyi nyilvántartások
• üzleti tervek
• Munkatársak számára szánt levelek, hírlevelek,
emlékeztetők és e-mailek
• A The Loop intranetes oldalon közzétett információk
Tulajdonosi és bizalmas
információnak minősül, például:
• üzleti tervek és irányadó stratégiák
• kutatási és műszaki adatok
• termék-előállítási receptek és eljárási technológiák
• termékgondozás
• kereskedelmi titkok, technológiák és know-how-k
• a versenypozíciónkkal kapcsolatos információk
• közzé nem tett pénzügyi információk és tervezetek
• a termék előállításának költségeire vonatkozó információk
• a javasolt szerződéskötésekkel és tranzakciókkal
kapcsolatos információk
• ügyfelekkel, beszállítókkal, árazással kapcsolatos és egyéb
kereskedelmi információk
• a kifejezetten a Vállalat számára fejlesztett szoftverek és
rendszerek
• minden olyan információ, ami versenytársaink számára
hasznos lehet
14
K.: A feletessem szabadságon van, és a
távollétében arra kértek, hogy írjak alá egy
szerződést a Vállalat nevében.
A szellemi tulajdonhoz fűződő jogokat, ideértve a
szabadalmakat, védjegyeket, szerzői jogokat, kereskedelmi
titkokat és know-how-kat, a többi értékes vagyontárgynál
alkalmazott gonddal kell megtervezni és kezelni.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_HUN2.pdf
Üzleti nyilvántartásnak minősül például:
• új termékek fejlesztése
• teszteredmények;
• laboratóriumi jelentések
• kutatási adatok
• pénzügyi jelentések
• költségjelentések
• számlák
• munkaidő-nyilvántartások
• személyzeti nyilvántartások
• üzleti tervek
• a munkatársak számára szánt levelek, hírlevelek, emlékeztetők
és e-mailek
• a The Loop intranetes oldalon közzétett információk
Tulajdonosi és bizalmas információnak minősül, például:
• üzleti tervek és irányadó stratégiák
• kutatási és műszaki adatok
• termék-előállítási receptúrák és eljárási technológiák
• termékgondozás
• kereskedelmi titkok, technológiák és know-how-k
• a versenypozíciónkkal kapcsolatos információk
• nyilvánosan közzé nem tett pénzügyi információk és tervezetek
• a termék előállításának költségeire vonatkozó információk
• a javasolt szerződéskötésekkel és tranzakciókkal kapcsolatos
információk
• ügyfelekkel, beszállítókkal, árazással kapcsolatos és egyéb
kereskedelmi információk
• a kifejezetten a Vállalat számára fejlesztett szoftverek és rendszerek
• minden olyan információ, ami versenytársaink számára hasznos lehet
MAGATARTÁSI KÓDEXÜNK | 13
MAGATARTÁSI
A TISZTELET
BECSÜLETESSÉG A
ÜZLETI
TÁRSADALMI
K.: A felettesem szabadságon van, és a távollétében arra kértek,
hogy írjak alá egy szerződést a Vállalat nevében.
A szellemi tulajdonhoz fűződő jogokat, ideértve a szabadalmakat,
védjegyeket, szerzői jogokat, kereskedelmi titkokat és know-how-kat, a
többi értékes vagyontárgynál alkalmazott gonddal kell megtervezni és
kezelni.
https://www.avient.com/sites/default/files/2023-08/Avient General Purchase Conditions.pdf
Should the Goods delivered by Supplier
hereunder become, or in Avient’s reasonable
opinion be likely to become, the subject of a
claim of infringement of any patent, trademark,
copyright, or other intellectual property right,
then Supplier shall, at Avient's option: (i) procure
for Avient the right to use the goods free of any
liability for infringement, (ii) replace such goods
with non-infringing substitutes or modify such
goods to be non-infringing, or (iii) refund Avient's
purchase price and accept the return of such
Goods.
16.3 If Supplier manufactures Goods and/or
provides Services pursuant to instructions of
Avient, and unless expressly otherwise accepted
in writing between the parties, Supplier hereby
Avient Terms and Conditions of Purchase for Goods and/or Services
assigns to Avient, by way of present and future
assignment, all intellectual property rights,
know-how, copyrights and other items
(inventions, drawings, feasibility studies,
software (including source codes, sub-software
and documentation), etc.) related to such Goods
and/or Services developed by or on behalf of
Supplier.
https://www.avient.com/news/polyone-announces-strong-fourth-quarter-and-full-year-2013-results
Special items for the quarter resulted in a net after-tax charge of $4.9 million, or $0.05 per share (see Attachment 3).
Patterson added, “In many ways, the expansion of Spartech’s profitability is a replay of how we improved PolyOne in our transformation, only faster.
See Attachment 3 for a definition of special items.