https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
Avient Stock Performance
The following is a graph that compares the cumulative total shareholder returns for Avient’s common shares, the S&P 500 index and the
S&P Mid Cap Chemicals index, with dividends assumed to be reinvested when received.
The S&P Mid Cap Chemicals index includes a broad range of chemical manufacturers.
Because of the relationship of Avient’s business within the chemical industry, comparison with this broader index is appropriate.
https://www.avient.com/sites/default/files/resources/Polyone%2520AR.pdf
For 2018, our Vitality Index
was 35%, a testament to our innovation capability
and a sign of confi dence to our customers.
PolyOne Stock Performance
The following is a graph that compares the cumulative total shareholder returns for PolyOne’s common shares, the S&P 500
index and the S&P Mid Cap Chemicals index, with dividends assumed to be reinvested when received.
The S&P Mid Cap Chemicals index includes a broad
range of chemical manufacturers.
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Q 2 2 0 2 1 P E R F O R M A N C E
U P D AT E
$69
$122
2020PF 2021
$0.42
$0.87
2020PF 2021
Q2 2021 – ORGANIC PERFORMANCE
( T O TA L C O M PA N Y )
10
Sales Adjusted Operating Income
$870
$1,235
2020PF 2021
+ 42%
Adjusted EPS
+ 77% + 107%
(in millions) (in millions)
(1) (1) (1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q2 2021 SEGMENT PERFORMANCE
11
CAI
$488
$624
Sales
($ in millions)
SEM Distribution
$54
$86
Operating Income
+28%
+59%
$239
$404
Sales
$15
$24
Operating Income
+69%
+60%
(1)
$159
$241
Sales
$17
$37
Operating Income
+52%
+118%
(1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
SPECIALTY EBITDA MARGIN EXPANSION
12
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
15.3% 15.2%
16.2%
18.5%
2018 2019 2020 YTD 2021
14.8% 15.2%
17.6%
19.1%
2018 2019 2020 YTD 2021
(1)
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Masterbatch synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
CAI EBITDA MARGIN EXPANSION
13
Legacy CAI
18.9% 18.9%
20.3%
2019 2020 YTD 2021
Legacy
Clariant MB
11.9%
13.8%
16.8%
2019 2020 YTD 2021
• Synergy capture translating to the
bottom line
• Positive mix with growth in healthcare,
consumer and packaging end-markets
• World-class vitality index of 35%
represents sales from products
introduced in the last five years.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
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.
https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
Their efforts were instrumental in our achievement of
earning the distinction of a “Best Place to Work” on the Corporate Equality Index with a perfect score of
100% in 2020 and 2021.
PROXY SUMMARY
8 PROXY STATEMENT 2022 | Annual Meeting of Shareholders
Another excellent measurement of our innovation performance is our Vitality Index, which represents
Company revenue from products that have been in our portfolio for less than five years.
For 2021, our
Vitality Index reached 36%, validating the strength of our technology portfolio.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Avient Stock Performance
The following is a graph that compares the cumulative total shareholder returns for Avient’s common shares, the S&P 500 index and the
S&P Mid Cap Chemicals index, with dividends assumed to be reinvested when received.
The S&P Mid Cap Chemicals index includes a broad range of chemical manufacturers.
Because of the relationship of Avient’s business within the chemical industry, comparison with this broader index is appropriate.
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
Avient Stock Performance
The following is a graph that compares the cumulative total shareholder returns for Avient’s common shares, the S&P 500 index and the
S&P Mid Cap Chemicals index, with dividends assumed to be reinvested when received.
The S&P Mid Cap Chemicals index includes a broad range of chemical manufacturers.
Because of the relationship of Avient’s business within the chemical industry, comparison with this broader index is appropriate.
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
Entitled to
incentive
Type of
incentive
Activity
inventivized
Comment
Board/Executive
board
Monetary
reward
Emissions
reduction target
Energy reduction
target
Behavior change
related indicator
Company
performance
against a climate-
related
sustainability
index
All employees Monetary
reward
Emissions
reduction project
Energy reduction
project
Efficiency project
We celebrate, reward and share our associates’
great work through our global recognition
programs.
Publication
In voluntary communications
Status
Complete
Attach the document
Avient_Sustain_2020_for CDP.pdf
Page/Section reference
About us, Planet, Performance, Metrics and Index sections
Content elements
Governance
Strategy
Risks & opportunities
Emissions figures
Emission targets
Comment
Publication
In mainstream reports
Status
Complete
Attach the document
2030-goals.pdf
Page/Section reference
Pg. 1
Avient CDP Climate Change Questionnaire 2021 Tuesday, August 3, 2021
83
Content elements
Emission targets
Comment
Publication
Other, please specify
EcoVadis report
Status
Complete
Attach the document
20201113_Avient EcoVadis CSR Questionnaire.pdf
20201113_Avient EcoVadis CSR Questionnaire.pdf
Page/Section reference
Pgs. 1-67
Content elements
Governance
Strategy
Risks & opportunities
Emissions figures
Emission targets
Other metrics
Comment
C15.
https://www.avient.com/sites/default/files/2022-08/Avient CDP_Climate_Change_Questionnaire_2022.pdf
Entitled to
incentive
Type of
incentive
Activity
incentivized
Comment
Board/Executive
board
Monetary
reward
Emissions
reduction target
Energy reduction
target
Behavior change
related indicator
Company
performance
against a climate-
related
sustainability
index
All employees Monetary
reward
Emissions
reduction project
Energy reduction
project
Efficiency project
We celebrate, reward and share our associates’
great work through our global recognition
programs.
Publication
In mainstream reports
Status
Complete
Attach the document
Avient 2022 Proxy Statement.pdf
Page/Section reference
Pg. 4, 30
Content elements
Governance
Strategy
Emissions figures
Emission targets
Comment
2022 Annual Proxy Statement
Publication
In voluntary sustainability report
Status
Complete
Attach the document
Avient 2022 Proxy Statement.pdf
Page/Section reference
About us, Planet, Performance, Metrics and Index sections
Content elements
Governance
Strategy
Risks & opportunities
Emissions figures
Avient CDP Climate Change Questionnaire 2022 Friday, July 29, 2022
118
Emission targets
Comment
CSR report
Publication
Other, please specify
EcoVadis report
Status
Complete
Attach the document
2022 EcoVadis Questionnaire_Avient.pdf
Page/Section reference
Pgs. 1-83
Content elements
Governance
Strategy
Risks & opportunities
Emissions figures
Emission targets
Comment
EcoVadis report
C15.
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
4) For purposes of this pay versus performance disclosure, our peer group is the S&P 400 Chemicals index (the "Peer Group").