PolyOne Corporation 3 FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IMPLIED BY THESE FORWARD-LOOKING STATEMENTS INCLUDE, BUT ARE NOT LIMITED TO: USE OF NON-GAAP MEASURES PolyOne Corporation 4 • This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures. 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.

This product selection guide provides detailed information to help you select the Maxxam product that’s right for your application. 4 INJECTION MOLDING POLYPROPYLENE Product Code - - - PP5113 B44 F5134T2-4 PP5130 B63 F5134T4-1 Filler Percentage - % - 13 20 30 40 Tensile Strength Yield psi ASTM D638 5000 4800 4600 4500 MPa ISO 527 33 33 32 31 Tensile Elongation Yield % ASTM D638 6 4 3 2 ISO 527 Break % ASTM D638 60 30 15 10 ISO 527 Flexural Modulus 73°F (23°C) psi ASTM D790 300,000 360,000 400,000 460,000 MPa ISO 178 2300 2450 2900 3300 Notched Izod Impact 73°F (23°C) ft-lb/in ASTM D256 0.65 0.60 0.55 0.50 kJ/m2 ISO 180 3.50 3.3 3.00 2.75 Heat Deflection 66 psi °F ASTM D648 230 240 260 275 °C ISO 75 110 116 127 135 264 psi °F ASTM D648 130 140 150 175 °C ISO 75 54 60 66 79 Specific Gravity 73°F (23°C) - ASTM D792 0.99 1.04 1.15 1.25 ISO 1183 Linear Shrinkage Range 1/8 in wall % - 1.2–1.6 1.0–1.4 0.8–1.2 0.6–1.0 3.2 mm wall % - 1.2–1.6 1.0–1.4 0.8–1.2 0.6–1.0 Product Code - - - PP6113 A77-SM PP6120 B16-2 PP6130 B11 PP6135 B40-UV Filler Percentage - % - 13 20 30 35 Tensile Strength Yield psi ASTM D638 4350 3500 2600 3700 MPa ISO 527 30 24 18 26 Tensile Elongation Yield % ASTM D638 5 4 7 6 ISO 527 Break % ASTM D638 35 70 150 70 ISO 527 Flexural Modulus 73°F (23°C) psi ASTM D790 290,000 280,000 280,000 390,000 MPa ISO 178 2000 1950 1750 2700 Notched Izod Impact 73°F (23°C) ft-lb/in ASTM D256 0.7 2.7 4.5 0.65 kJ/m2 ISO 180 4.0 14 24 3.5 Heat Deflection 66 psi °F ASTM D648 239 215 225 250 °C ISO 75 115 102 107 123 264 psi °F ASTM D648 140 125 130 150 °C ISO 75 60 52 54 60 Specific Gravity 73°F (23°C) - ASTM D792 0.99 1.05 1.15 1.18 ISO 1183 Linear Shrinkage Range 1/8 in wall % - 1.1–1.5 .9–1.3 0.7–1.1 0.5–0.9 3.2 mm wall % - 1.1–1.5 .9–1.3 0.7–1.1 0.5–0.9 Maxxam™ Talc-Filled Copolymer Polypropylene • Scratch & mar resistant • UL approved • FDA certifiable • Natural, black or colors • High flow grades • UV stabilized • UL approved • FDA certifiable • Natural, black or colors • High flow grades • UV stabilized • Recycled content Maxxam™ Talc-Filled Homopolymer Polypropylene Offers a moderate level of impact strength and improved stiffness and heat deflection performance. Offers a high level of stiffness and heat resistance as well as excellent impact resistance • Chemically coupled • UL approved • FDA certifiable • Natural, black or colors • High flow grades • Recycled content • Chemically coupled • UL approved • FDA certifiable • Natural, black or colors • High flow grades • UV stabilized INJECTION MOLDING POLYPROPYLENE Product Code - - - PP5410 B1 PP5420 B1 PP5430 B5 PP5440 B1 Reinforcement % - - - 10 20 30 40 Specific Gravity 73°F (23°C) - ASTM D792 0.96 1.05 1.14 1.23 ISO 1183 Tensile Strength Yield psi ASTM D638 8000 10000 11500 13000 MPa ISO 527 55 69 79 90 Tensile Elongation Break % ASTM D638 8 2 2 2 ISO 527 Flexural Modulus 73°F (23°C) psi ASTM D790 525,000 795,000 850,000 1,000,000 MPa ISO 178 3600 5450 5800 7550 Notched Izod Impact 73°F (23°C) ft-lb/in ASTM D256 1.10 1.30 1.50 1.60 kJ/m2 ISO 180 6.00 7.25 8.25 8.50 Heat Deflection 66 psi °F ASTM D648 280 305 310 315 °C ISO 75 138 152 154 157 264 psi °F ASTM D648 250 280 290 300 °C ISO 75 121 138 143 149 Linear Shrinkage Range 1/8 in wall % - 0.4–0.7 0.3–0.6 0.3–0.6 0.2–0.5 3.2 mm wall % - 0.4–0.7 0.3–0.6 0.3–0.6 0.2–0.5 Product Code - - - PP7410 A241 PP7420 B77 PP6430 A206-UV PP6435 B1 Reinforcement % - - - 10 20 30 35 Specific Gravity Yield - ASTM D792 0.98 1.05 1.14 1.17 ISO 1183 Tensile Strength Yield psi ASTM D638 5300 9200 9000 13300 MPa ISO 527 37 64 62 92 Tensile Elongation Break % ASTM D638 8 4 4 4 ISO 527 Flexural Modulus 73°F (23°C) psi ASTM D790 240,000 420,000 695,000 810,000 MPa ISO 178 1650 2900 4800 5600 Notched Izod Impact 73°F (23°C) ft-lb/in ASTM D256 5.0 1.60 1.60 2.50 kJ/m2 ISO 180 27.5 9.00 9.00 14.00 Heat Deflection 66 psi °F ASTM D648 298 313 297 300 °C ISO 75 144 156 152 149 264 psi °F ASTM D648 210 272 265 288 °C ISO 75 92 133 128 142 Linear Shrinkage Range 1/8 in wall % - 0.4–0.7 0.3–0.6 0.3–0.6 0.2–0.5 3.2 mm wall % - 0.4–0.7 0.3–0.6 0.3–0.6 0.2–0.5 Maxxam™ Glass Fiber Reinforced Homopolymer Polypropylene PROPERTY CONDITION UNITS METHOD PRODUCT EXAMPLES Maxxam™ Glass Fiber Reinforced Copolymer Polypropylene 71.866.POLYONE www.polyone.com INJECTION MOLDING POLYPROPYLENE Product Code - - - PP5312 B1 PP5320 A285 PP5330 A123 PP5340 B2 Reinforcement % - % - 12 20 30 40 Specific Gravity 73°F (23°C) - ASTM D792 0.99 1.05 1.15 1.24 ISO 1183 Tensile Strength Yield psi ASTM D638 4800 4400 3600 4900 MPa ISO 527 31 30 32 38 Tensile Elongation Yield % ASTM D638 5 4 4 3 ISO 527 Break % ASTM D638 20 15 20 10 ISO 527 Flexural Modulus 73°F (23°C) psi ASTM D790 285,000 380,000 355,000 460,000 MPa ISO 178 1950 2600 2450 3200 Notched Izod Impact 73°F (23°C) ft-lb/in ASTM D256 0.6 0.55 1.5 0.60 kJ/m2 ISO 180 3.30 3.00 8.25 3.30 Heat Deflection 66 psi °F ASTM D648 235 255 230 280 °C ISO 75 113 124 110 138 264 psi °F ASTM D648 135 156 150 180 °C ISO 75 57 69 66 82 Linear Shrinkage Range 1/8 in wall % - 1.4–1.9 1.0–1.4 1.1–1.5 0.6–1.0 3.2 mm wall % - 1.4–1.9 1.0–1.4 1.1–1.5 0.6–1.0 Offers improved stiffness and heat deflection as well as outstanding dimensional stability. • Chemically coupled • Natural or black • High flow grades • Recycled content Maxxam™ Mica Reinforced Polypropylene PROPERTY CONDITION UNITS METHOD PRODUCT EXAMPLES Maxxam™ Glass/Mineral Reinforced Polypropylene Offers a high level of stiffness and heat deflection as well as reduced warpage and increased dimensional stability. • Chemically coupled • Impact modified • Natural or black • High flow grades • Recycled content Product Code - - - PP5920 B10 PP5935 B1 PP5940 B131 PP5950 B10 Reinforcement Type - - - Glass/Mica Glass/Mica Glass/Mica Glass/Mica Reinforcement % - % - 20 35 40 50 Specific Gravity 73°F (23°C) - ASTM D792 1.05 1.17 1.25 1.34 ISO 1183 Tensile Strength Yield psi ASTM D638 7000 9000 10,000 12,800 MPa ISO 527 Tensile Elongation Break % ASTM D638 6 5 5 2 ISO 527 Flexural Modulus 73°F (23°C) psi ASTM D790 550,000 780,000 870,000 1,300,000 MPa ISO 178 3900 5500 5800 9000 Notched Izod Impact 73°F (23°C) ft-lb/in ASTM D256 0.7 0.9 1.3 1.5 kJ/m2 ISO 180 4.0 5.0 7.0 8.0 Heat Deflection 66 psi °F ASTM D648 304 315 310 315 °C ISO 75 151 157 154 157 264 psi °F ASTM D648 225 298 290 310 °C ISO 75 107 148 143 154 Maxxam™ XST Thermoplastic Olefins (TPO) Offers exceptional stiffness to impact balance including excellent cold temperature impact resistance. • Scratch & mar resistant • Natural, black or colors • High flow grades • UV stabilized Product Code - - - TP9000 A3 TP9110 A701-SM TP9120 B397 TP9120 A525-SM TP9130 A954 Reinforcement Type - - - Talc Talc Talc Talc Talc Reinforcement % - % - 5 11 18 20 30 Specific Gravity 73°F (23°C) - ASTM D792 0.94 0.97 1.01 1.04 1.12 ISO 1183 Tensile Strength Yield psi ASTM D638 2400 3000 2750 3600 3450 MPa ISO 527 18 22 19 25 24 Tensile Elongation Yield % ASTM D638 12 6 5 4 8 ISO 527 Break % ASTM D638 >400 100 170 30 250 ISO 527 Flexural Modulus 73°F (23°C) psi ASTM D790 140,000 260,000 235,000 300,000 325,000 MPa ISO 178 1100 1800 1620 2000 2250 Notched Izod Impact 73°F (23°C) ft-lb/in ASTM D256 No Break 6 10 2 2.2 kJ/m2 ISO 180 68.0 36.0 53.0 11.0 12.0 -30°C ft-lb/in ASTM D256 1.5 1.2 1.3 0.7 0.8 kJ/m2 ISO 180 8.5 6.0 7.0 3.9 4.0 Heat Deflection 66 psi °F ASTM D648 160 208 205 220 218 °C ISO 75 83 98 96 110 105 264 psi °F ASTM D648 100 143 140 160 160 °C ISO 75 50 62 57 70 71 Multiaxial Impact @ 6.6 m/s 0°C ASTM D3763 100% Ductile 100% Ductile 100% Ductile -30°C ASTM D3763 100% Ductile 100% Ductile PROPERTY CONDITION UNITS METHOD PRODUCT EXAMPLES INJECTION MOLDING POLYPROPYLENE 8 91.866.POLYONE www.polyone.com Maxxam™ HST Filled Polypropylene with High Strength and Stiffness Maxxam™ LO Low Odor Talc-Filled Polypropylene Reinforced grades that provide exceptional levels of strength and stiffness.

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