https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520GS%2520w%2520non%2520GAAP%25205_21_14.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The final amount of charges resulting from the planned manufacturing realignment and the Company’s ability to realize anticipated savings and
operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies;
Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being
accretive;
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 in the markets 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, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
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
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
Page 15
Schedule I
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and
presented in accordance with U.S.
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3
Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4
Designed Structures and Solutions - - - 33.4 11.2
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9
Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0
Distribution 19.5 28.1 42.0 63.3 17.2
SunBelt Joint venture 91.9 28.6 18.9 - -
Corporate (51.5) (425.1) (27.7) (82.4) (36.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4
Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1
Specialty platform operating mix percentage 2% 34% 43% 62% 64%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/2021-06/vinod-purayath-bio.pdf
Vinod Purayath is Senior Vice President and Chief Technology Officer of Avient
Corporation, a premier provider of specialized and sustainable material solutions and
services.
Purayath joined
Avient in 2021to lead the development of emerging, next-generation and sustainable
technologies globally for the company.
Purayath has achieved
global success in materials development, with a particular emphasis on semiconductor
and digital memory applications.
https://www.avient.com/investor-center/events/polyone-corporation-jefferies-group-inc-global-industrial-and-aerospace-defense-conference
https://www.avient.com/sites/default/files/2022-05/Liquid Color PVC Pipe Product Industry Overview.pdf
KEY BENEFITS OF USING COLORMATRIX LIQUID COLOR TECHNOLOGIES
• Preapproved NSL and UL formulations assure regulatory compliance
• Processing flexibility minimizes manufacturing disruptions
• Precision dosing and ease of color change reduce downtime and increase quality output
• Exceptional dispersion and color distribution improve aesthetics
• Enhanced control eliminates color variability and provides batch-to-batch consistency
• Cleaner, safer work area lessens employee stress and reduces risk
• Global footprint alleviates concerns of material and technical service availability
• Certified product development labs fully support material formulation, qualification and testing
• A sustainability focus optimizes raw material usage and operational efficiencies, while providing
energy reduction and lower overall use of TiO2
COMPARISON OF
SOLID COLORANT VS LIQUID COLORANT
COMPARISON OF
DRY VS.
Avient is a premier provider of specialized and sustainable material
solutions and services that transform customer challenges into
opportunities.
Our range of world-class services includes:
COLOR TECHNOLOGY
Custom matching, saturated colors & special effects to fill market niches
and eliminate secondary operations
COLOR AND DESIGN SERVICES
Trend and color insights, and product development assistance to optimize design
and improve speed to market
REGULATORY COORDINATION
Aid with new product approvals to reduce regulatory overhead and
minimize risk
FIELD TECHNICAL SERVICE
Support for tool design, startup and production optimization to gain manufacturing
efficiencies
SUSTAINABILITY
Innovative materials and solutions to help you meet your sustainability goals
EQUIPMENT AND SUPPORT
Installation, training and dosing equipment, all customized to your needs
https://www.avient.com/sites/default/files/2020-08/maxxam-polyolefins-formualtions-case-study.pdf
This global reach
also allowed Avient to respond quickly to mold trials,
and eliminate import and shipping challenges.
The technical services team at Avient worked closely
with the European material engineering team at
DENSO under the lead of Mr.
THE IMPACT
Through a combination of its global footprint, expert
technical services, and local production, Avient
accepted DENSO’s challenge and responded with a new
customized formulation that exceeded performance
requirements, eliminated overmolding, and reduced
cycle times.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Tylin Liu, VP Global Product Development & Assurance
“It is critical to show our customers that our portable battery packs are made as
sustainably as possible.
Avient’s PCR Color Prediction Service
helps me achieve this objective… The Redken launch would not have been possible
without this service.”
Global NGO fighting Malaria
“Avient’s PREPERM® technology helps make our antennas
more efficient.”
https://www.avient.com/sites/default/files/resources/IR_Deck_11.4.19.pdf
Cable jacket/sheath– Made of
PE or PVC
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
technology
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
customers
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
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 23
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
243
340
At Acquisition Today
$36
$96
At Acquisition Today
11%
20%
At Acquisition Today
Established Acquisitions
(> 7 years)
+ 40% + 165% + 900 bps
I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E
PolyOne Corporation 24
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
138
181
251
At Acquisition Today Goal
$23 $25
$70
At Acquisition Today Goal
7% 8%
18-20%
At Acquisition Today Goal
Recent Acquisitions
PolyOne Corporation 25
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
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.70
$0.78
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Cumulative Share Repurchases
(In millions)
$0
$150
$300
$450
$600
$750
$900
2011 2012 2013 2014 2015 2016 2017 2018 2019
YTD
$917M
R E T U R N I N G C A S H T O S H A R E H O L D E R S
O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1
PolyOne Corporation
Increasing Annual Dividend
26
$0.81
PolyOne Corporation 27
W H Y I N V E S T I N P O L Y O N E ?
Service:�The Timeless differentiator
Talent development
IQ DESIGN LABS
LSS CUSTOMER FIRST
3D Printing�Bringing New ideas to life
Slide Number 33
Innovating with PolyOne
COLOR, ADDITIVES & INKS
Color, Additives & Inks
Specialty Engineered Materials
Specialty Engineered Materials
DISTRIBUTION
Overview of RAW MATERIAL PURCHASES
Target end markets & �application examples
Slide Number 42
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https://www.avient.com/sites/default/files/2020-07/johnmidea_0.pdf
JOHN MIDEA
Senior Vice President, Global Operations and Process Improvement
John Midea is senior vice president, Global Operations and Process Improvement at
Avient Corporation, a premier provider of specialized and sustainable material solutions
and services.
Midea joined Avient in February 2015 and leads the company’s award-winning global
operational excellence initiatives, including manufacturing process improvement,
environmental health and safety, global sourcing and logistics, Lean Six Sigma training and
deployment, and acquisition integration.
https://www.avient.com/sites/default/files/2024-04/AmySanders_bio.pdf
Sanders is senior vice president, general counsel and secretary for Avient Corporation,
a premier provider of specialized and sustainable material solutions and services.
She previously served as senior vice president and deputy chief legal officer, global operations
at Eaton Corporation, a power management company.
Sanders spent over 20
years at 3M Company with various roles of increasing responsibility, culminating as senior vice
president and deputy general counsel supporting global business operations for all segments
and manufacturing operations.
https://www.avient.com/sites/default/files/2024-08/Stat-Tech-Vacuum cleaner handle -case study snapshot_0826.pdf
GLOBAL SMALL
APPLIANCE BRAND
V A C U U M C L E A N E R H A N D L E
• Comply with flame retardant ratings of UL 94 V-0 at 0.8mm and
GWIT 775oC / GWFI 850oC
• Pass ball pressure at 75oC
• Deliver stable static resistivity of E9-11
• Matched color to a specified black103
• Pass tests for battery runaway, drop at 1m, static load, and
fatigue life
• Provided a custom formulation with a good
balance of performance and aesthetics
• Guided the molder on how to properly
measure the surface resistance of the part
and the fixture specifications
• Had excellent service with fast turnaround of
samples and strong ADTS support to ensure
smooth processability
Stat-Tech Static Dissipative & Electrically
Conductive Formulations
KEY REQUIREMENTS
WHY AVIENT?
All Rights Reserved
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/stat-tech-static-dissipative-electrically-conductive-formulations
Slide 1: Global small appliance brand