https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
Business Strategy
C3.1
(C3.1) Have climate-related risks and opportunities influenced your organization’s
strategy and/or financial planning?
This strategy has proven successful.
Operations Yes Climate related risks influence our operations strategy.
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-june-2021-w-non-gaap-recs_0.pdf
WHO WE ARE – VISION, STRATEGY, CULTURE
3
Avient Corporation (NYSE: AVNT) provides
specialized and sustainable material solutions that
transform customer challenges into opportunities,
bringing new products to life for a better world.
OUR STRATEGY
Specialization
Differentiates us through unique value-creating offerings to our customers.
We partner with Brand Owners / OEMs, processors and
assemblers to enable their goals in applications like packaging,
healthcare, consumer goods, transportation, wire & cable,
building & construction and textiles.
https://www.avient.com/sites/default/files/2020-08/colormatrix-amosorb-low-haze-product-bulletin-8.5x11.pdf
However, when active oxygen scavengers and other
additives are used in PET bottle production clarity
can decrease, which negatively impacts product
appearance, customer appeal and brand value.
RECYCLABILITY & rPET
Brand owners wishing to operate with a Circular
Economy need to use higher levels of rPET in their
packaging.
Brand owners need to ensure the oxygen
scavengers used in their PET bottles maintain their
oxygen scavenging efficacy with the introduction
of increasing levels of rPET.
https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
Copyright © .
2024 2
Summary and financials
Ashish Khandpur
Introduction and
strategic overview
SEGMENT STRATEGY:
Color, Additives & Inks
SEGMENT STRATEGY:
Specialty Engineered
Q&AMike Mosley
SPOTLIGHT:
Building new platforms
of scale in Advanced
composites
Copyright © .
2024 3
Disclaimer
Forward-looking statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
They use words such as "will," “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,”
“believe” and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. items, include statements relating to future actions; prospective changes in raw material costs,
product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal proceedings and
environmental liabilities; and financial results.
Avient is evolving to
its next phase as an
innovator of materials
solutions to help our
customers succeed,
while enabling a
sustainable world
Key messages Our primary focus is on organic revenue growth
and margin expansion
► intersect secular trends and high growth markets with
our technologies
►
catalyze growth in our core build businesses in high growth
markets
►
hybridization
Our strategy is enabled and driven by our focus on
(a) portfolio prioritization, (b) amplifying innovation, (c) digital for operational excellence
and growth, and (d) leadership, talent and culture for the Avient of the future
Copyright © .
2024 7
Avient
at a glance
https://www.avient.com/investor-center/news/polyone-announces-record-first-quarter-2016-results
said, "Our balance sheet remains strong, and it provides us with important flexibility to invest in our growth strategy through strategic innovation, commercial resources and bolt-on acquisitions.
Patterson added, "Our ability to innovate across our business segments and execute our strategy is what differentiates PolyOne.
We present Specialty Platform sales, gross margin, selling and administrative expense, and operating income because management believes that this is useful information to investors by highlighting our collective progress in advancing our specialization strategy.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
Patterson
President and Chief Executive Officer
PolyOne Corporation Page 82
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 83
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 84
‘06-‘14 Adjusted EPS CAGR = 40%
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
Adjusted EPS Share Price vs.
Addressable market exceeds $40 billion
• Strong 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
PolyOne Corporation Page 92
Questions & Answers
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.
Adjusted net cash provided by operating activities is calculated as follows:
2008Y 2009Y 2010Y 2011Y 2012Y 2013Y 2014Y
Net cash provided by operating activities $ 72.5 $ 229.7 $ 140.8 $ 72.5 $ 106.9 $ 109.0 $ 208.4
Dividends and distributions received from joint ventures (32.9) (36.5) (24.2) (6.0) - - -
Pension Cash Contributions 35.9 28.5 37.5 38.1 68.8 69.8 21.6
Adjusted net cash provided by operating activities $ 75.5 $ 221.7 $ 154.1 $ 104.6 $ 175.7 $ 178.8 $ 230.0
Net debt to adjusted EBITDA is calculated as follows:
Twelve Months Ended
(In millions) December 31, 2011 December 31, 2012 December 31, 2013 December 31, 2014
Short-term portion and current portion of
long-term debt $ 3.0 $ 3.8 $ 12.7 $ 61.8
Long-term debt 704.0 703.1 976.2 962.0
Less: Cash and cash equivalents (191.9) (210.0) (365.2) (238.6)
Net Debt $ 515.1 496.9 623.7 785.2
Income before income taxes $ 168.9 $ 83.3 $ 151.0 $ 88.4
Interest expense, net 33.7 50.8 63.5 62.2
Depreciation and amortization 53.2 65.8 108.8 123.9
Equity income from equity affiliates (5.7) - - -
Special items, impact on income before
income taxes (48.1) 55.1 46.3 164.9
Interest expense included in special items - (1.3) (1.9) -
Accelerated depreciation included in special
items - - (12.7) (23.1)
Adjusted EBITDA $ 202.0 $ 253.7 $ 355.0 $ 416.3
Net Debt/Adjusted EBITDA 2.6 2.0 1.8 1.9
Investor Day - May 18 2015 r11
Investor Day - May 18 2015
POL IR Presentation - Investor Day - 5_13_15 Master Version WEBSITE
Investor Day
Forward-Looking Statements
Use of Non-GAAP Measures
Agenda
Introduction��
Slide Number 6
The Leaders Behind the Team
Commodity to Specialty Transformation
Proof of Performance
Mix Shift Highlights Specialty Transformation
Proof of Performance
Successfully Navigating Change Since 2012
Strategy and Execution Drive Results
Well Positioned for Accelerated Growth
Global Color, Additives & Inks��
At a Glance
A Case Study for Transformational Success
Slide Number 18
Accelerating Growth
Who We Are Growing With
Innovation Pipeline Potential
Megatrends Aligned with Key End Markets
Key Initiatives
Platinum Vision
Summary
Global Specialty Engineered Materials��
What We Do
At a Glance
A Case Study for Transformational Success
Slide Number 30
Accelerating Growth
Who We Are Growing With
Innovation Pipeline Potential
Megatrends Aligned with Key End Markets
Key Initiatives
Platinum Vision
Summary
�Designed Structures and Solutions��
At a Glance
Early Progress
A Lot of Work Remains with Tremendous Upside Potential
Innovating with Cross-Business Unit Technologies
Who We Are Growing With
Key Initiatives
Platinum Vision
Summary
Performance Products and Solutions��
At a Glance
What We Have Delivered
Slide Number 50
Accelerating Growth
Who We Are Growing With
Geographic Growth Opportunities
Innovation Pipeline Potential
Megatrends Aligned with Key End Markets
Key Initiatives
Platinum Vision
Summary
PolyOne Distribution��
At a Glance
Slide Number 61
What We Have Delivered
Accelerating Growth
Who We Are Growing With
Megatrends Aligned with Key End Markets
Geographic Growth Opportunities
Going Beyond Distribution
Platinum Vision
Summary
Financial Highlights��
Who We Are Growing With
2014 Awards and Recognitions
2014 Financial Highlights
Proof of Performance & 2015 Targets
Ours is Not a Cost Cutting Story
Financial Strength
Financial Flexibility
Cash to Generate Value
Slide Number 79
Slide Number 80
2020 Platinum Vision��
PolyOne Core Values
Confirmation of Our Strategy
Strategy and Execution Drive Results
Formula for Success
Track Record of Successful Acquisitions
Driving Toward Premier Profitability
2020 Platinum Vision
Platinum Vision: Pathway to Accelerated Growth
Driving Toward a Premium Specialty Multiple
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2023-03/ColorMatrix Amosorb rPET Booster Product Bulletin.pdf
RECYCLABILITY & rPET
Brand owners wishing to operate with a Circular
Economy need to use higher levels of rPET in their
packaging.
Brand owners would like to ensure the
oxygen scavengers used in their PET bottles
maintain their oxygen scavenging efficacy with
the introduction of increasing levels of rPET.
For brand owners seeking to maximize their rPET
usage up to 100% to achieve sustainability and
recyclability targets, Amosorb 4020R offers a cost
effective solution with reliable oxygen scavenging
performance and low haze levels on final bottles.
https://www.avient.com/sites/default/files/2020-07/case-study-versaflex-om-rotary-power-tool-handle_0.pdf
Versaflex OM - Rotary Power Tool Handle
PREMIUM POWER
TOOL BRAND
R O T A R Y P O W E R T O O L
H A N D L E
• Soft touch grip with improved haptics
• Reduced vibration
• Excellent surface appearance
• Bonding to nylon
• Utilized global technical services to translate
customer’s preferred material in North
America to Europe
• Enabled brand consistency across the
globe, and accelerated time to market
Versaflex™ OM 6258
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-edgetek-screwdriver-handle.pdf
PREMIUM TOOL
BRAND
S C R E W D R I V E R H A N D L E
• High impact resistance
• High tensile strength
• Aesthetic surface
• Good processability
• Customized a nylon 6 based formulation,
with an emphasis on the impact properties
and processability, yet delivering the
desired aesthetic surface
• Met the customer’s aggressive timeline
and helped troubleshoot application needs
to determine the best material solution
Custom Edgetek™ Nylon Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.polyone.com/products/engineered-polymer-formulations/general-engineered-formulations
Premium tool brand
https://www.avient.com/sites/default/files/2020-07/gls-tpe-bayer-cap-english.pdf
GLS TPE - Bayer Cap - English
BAYER®
T P E O V E R M O L D E D C A P
• Easy to grip and open
• Design requirements:
• Raised logo
• Specific brand color
• Optimize retail shelf space/reduce packaging
• Improved packaging functionality for both
user (ergonomic design) and on shelf
(better stacking and reduced packaging)
• Offered value-add formulation that allowed
customer to extend brand differentiation in
the market
GLS™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?