https://www.avient.com/sites/default/files/2022-01/Carbon Fiber Composites Infographic.pdf
MOVE
OVER
METAL
Compared to steel, carbon fiber composites are:
Tensile
Strength
400–500 ksi
Density
1.55 g/cm3
Concrete
reinforcement,
infrastructure
repair
BUST THE RUST
Carbon fiber composites
are inherently corrosion
resistant, making them
ideal for harsh outdoor
applications
MEET YOUR NEEDS
Avient customizes
composite materials to
meet your specifications,
from specialty surface
treatments to finishing
operations
TAKE THE HEAT
Carbon fiber composites
have excellent
dimensional stability
to withstand extreme
temperatures and
conditions
stronger
10X 5X
lighter
Archery bow
limbs, risers,
cable guards,
arrows
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-tape-laminates-and-barstock/gordon-composites-thermoset-laminates-barstock
https://www.avient.com/sites/default/files/2021-11/carbon-fiber-reinforced-product-bulletin.pdf
https://www.avient.com/sites/default/files/2021-01/case-study-one-pager-gravi-tech-luxury-closures-english-and-spanish_0.pdf
LEADING PRODUCER OF
CLOSURES FOR SPIRITS
L U X U R Y C L O S U R E S
• Replace metal while providing metallic look and feel
• Customization of density and color
• Easy processing
• FDA compliance
• Replaced metal with a weighted polymer
solution to maintain high-quality perception
• Minimized the appearance of chips from
everyday wear better than metal by
matching closure interior and metalized
coating colors
• Enabled the customer to introduce their
luxury closures to a new market segment
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/Proxy%2520Statement%2520for%2520Web%2520Hosting.pd_.pdf
NOTICE OF 2019
ANNUAL MEETING OF SHAREHOLDERS
AND PROXY STATEMENT
PolyOne Corporation
MESSAGE FROM OUR CEO
Your vote is
very important.
Exercise or Base Price of Option Awards (column (i))
Grant Date Fair Value of Stock and Option Awards (column (j))
Narrative Disclosure Relating to the 2018 Summary Compensation Table and the 2018 Grants
of Plan-Based Awards Table
Outstanding Equity Awards at 2018 Fiscal Year-End
Exercise
Price
Expiration
Date
Market
Value of
Shares or
Units of
Stock That
Have Not
Vested
Equity Incentive
Plan Awards:
Market or Payout
Value of Unearned
Shares, Units or
Other Rights that
Have Not Vested
(j)
Stock Awards
Equity
Incentive Plan
Awards:
Number of
Securities
Underlying
Unearned
Options
Equity Incentive
Plan Awards:
Number of
Unearned
Shares, Units or
Other Rights that
Have Not Vested
(i)
Number of
Shares or
Units of
Stock That
Have Not
Vested
Number of
Underlying
Unexercised
Options (#)
Unexercisable
Number of
Securities
Underlying
Options (#)
Exercisable
Option Awards
Number of Securities Underlying Unexercised Options (#) Exercisable (column (b))
Number of Securities Underlying Unexercised Options (#) Unexercisable (column (c))
Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (column (d))
Option Exercise Price (column (e))
Option Expiration Date (column (f))
Number of Shares or Units of Stock That Have Not Vested (column (g))
Market Value of Shares or Units of Stock That Have Not Vested (column (h))
Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested
(column (i))
Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have
Not Vested (column (j))
2018 Option Exercises and Stock Vested
Option Awards Stock Awards
Acquired on Exercise
Value Realized on
Exercise
Acquired on Vesting
Value Realized
on Vesting
Option Awards (columns (b) and (c))
Stock Awards (columns (d) and (e))
2018 Nonqualified Deferred Compensation
Aggregate Executive Registrant Aggregate Aggregate Aggregate
Balance at Contributions Contributions Earnings Withdrawals/ Balance at
in Last FY in Last FY in Last FY Distributions Last FYE
(1) ($)(2) ($)(3) ($)(4) ($) ($)(1)(5)
Potential Payments Upon Termination or Change of Control
Summary of Potential Payments
Management Continuity Agreements
Executive Severance Plan
Annual Plan
Long-Term Incentive Awards
Retirement Benefits
Payments and Benefits Upon Termination — As of the End of Fiscal Year 2018
CEO Pay Ratio Disclosure
CEO Annual Total Compensation for 2018: $6,127,920
Median Employee Annual Total Compensation for 2018: $48,056
Ratio of CEO to Median Employee Annual Total Compensation for 2018: 128:1
How the Median Employee was Determined in 2017
Compensation Committee Interlocks and Insider Participation
Policy on Related Person Transactions
Risk Assessment of the Compensation Programs
Compensation Committee Report
The Compensation Committee
of the Board of Directors
MISCELLANEOUS
MISCELLANEOUS PROVISIONS
Voting at the Meeting
not
Shareholder Proposals
MISCELLANEOUS
Proxy Solicitation
We will furnish without charge to each person from whom a proxy is being solicited, upon written
request of any such person, a copy of the Annual Report on Form 10-K of the Company for the fiscal year
ending December 31, 2018, as filed with the SEC, including the financial statements and schedules thereto.
Kunkle
APPENDIX A
Year Ended Year Ended
December 31, 2018 December 31, 2017
Reconciliation to Condensed Consolidated Statements
of Income $ EPS $ EPS
Year Ended Year Ended
December 31, 2016 December 31, 2015
Reconciliation to Condensed Consolidated Statements of
Income $ EPS $ EPS
Year Ended
December 31, 2014
Reconciliation to Condensed Consolidated Statements of
Income $ EPS
Year Ended
December 31,
Reconciliation to Consolidated Statements of Income 2018 2017
As of December 31,
2018
Table Of Contents
Message From Our CEO
Notice Of 2019 Annual Meeting Of Shareholders
Proxy Summary
Proxy Statement
Proposal 1-Election Of Board Of Directors
Proposal 2-Advisory Vote To Approve Named Executive Officer Compensation
Proposal 3-Ratification Of Appointment Of Independent Registered Public Accounting Firm
Corporate Governance
2018 Non-employee Director Compensation
Ownership Of Polyone Shares
Compensation Discussion And Analysis
Executive Summary
Executive Compensation Philosophy And Objectives
What We Pay And Why: Elements Of Compensation
Other Aspects Of Our Compensation Programs
Executive Compensation
2018 Summary Compensation Table
2018 Grants Of Plan-Based Awards
Outstanding Equity Awards At 2018 Fiscal Year-End
2018 Option Exercises And Stock Vested
2018 Nonqualified Deferred Compensation
Potential Payments Upon Termination Or Change Of Control
CEO Pay Ratio Disclosure
Compensation Committee Interlocks And Insider Participation
Policy On Related Person Transactions
Risk Assessment Of The Compensation Programs
Compensation Committee Report
Miscellaneous Provisions
Appendix A
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
They are
based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from
those expressed in or implied by the forward‐looking statements.
Factors that could cause actual results to differ materially from those implied by these forward looking statements include but are not limited to:• 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 achieve the strategic and other objectives relating to the Spartech acquisition, 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;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 amount and timing of repurchases, if any, of PolyOne common shares and our ability to pay regular quarterly cash dividends and the amounts and
timing of any future dividends;
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;g p y p g ;
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;, , p y p y g , y p p ;
An inability to maintain appropriate relations with unions and employees; 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.
• The above list of factors is not exhaustive.
• We undertake no obligation to publicly update forward‐looking statements, whether as a result of new information, future events or otherwise.
https://www.avient.com/sites/default/files/2020-10/light-diffusion-case-study.pdf
Sourcing
materials from overseas made the company vulnerable
to quality inconsistencies and long lead times.
https://www.avient.com/sites/default/files/2020-11/excelite-im-auto-case-study.pdf
These particles were prevented
from flocculating and re-agglomerating in the liquid
matrix.
https://www.avient.com/sites/default/files/2025-01/ISCC Certificate Luxembourg%2C France.pdf
Migdałowa 4, 02-796 Warszawa, Polska
certifies that
AVIENT Luxembourg S.à.r.l
14 Avenue de l’Eguillette, 95310 Saint Ouen L’Aumône
FRANCE
(operating under a tolling agreement)
complies with the requirements of the certification system
ISCC PLUS
(International Sustainability and Carbon Certification)
This certificate is valid from 30.12.2024 to 29.12.2025.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-pultrusion.pdf
No freedom from any patents or other industrial or intellectual property rights is granted or to be inferred.
https://www.avient.com/sites/default/files/resources/Polyolefins%2520Product%2520Selection%2520Guide.pdf
Some of the information arises from laboratory work with small-scale equipment
which may not provide a reliable indication of performance or properties obtained or obtainable on larger-scale equipment.
Processing conditions can cause material properties to shift
from the values stated in the information.
You have the responsibility to conduct full-scale end-product performance testing to determine suitability in your application, and you assume all risk and liability arising from
your use of the information and/or use or handling of any product.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Japan %28English and Japanese Translation%29.pdf
Any additional, different or other
terms and/or conditions contained in any
purchase order, document, website, or other
communication by or from Buyer are hereby
objected to and rejected by Seller.
Buyer
shall not (re-) export or (re-) transfer or disclose,
directly or indirectly, any of the Products or
Items supplied by Seller and/or any Items
incorporating or processed from such Products,
in breach of any Trade Control laws, or, in the
event an export license or other approval is
required from any governmental authority or
agency, without first obtaining such license or
approval.
The Tokyo District Court shall
be the court with exclusive jurisdiction for the
first instance over any lawsuit and other legal
proceedings arising from or relating to these
Terms.
21.