https://www.avient.com/sites/default/files/2020-05/polyone-investor-presentation-may-2020_0.pdf
Microsoft PowerPoint - PolyOne Investor Presentation 5.4.20_v8
P E O P LE
P RO D U CT S P LA N E T
P E RF O R MAN C E
JVs Performance Products & Solutions Distribution Specialty
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
To be the world’s
premier provider of
specialized polymer
materials, services
and sustainable
solutions
2016 2017 2018 2019
Lightweighting Reduced Material Requirements Improved Recyclability
Renewable Energy Applications Eco-conscious Bio-derived Content
Reduced Energy Use VOC Reduction
$275M
$325M
$355M
$410M 14% Total Annual Growth
9% Organic Annual Growth
PolyOne Corporation 33
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.
Senior management believes these measures are useful to
investors because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due to the
potential variability across periods based on timing, frequency and magnitude.
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows:
2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016** 2017** 2018 2018***
Q1
2019*** 2019
Q1
2020
Net income from continuing operations attributable to PolyOne
common shareholders $ 106.7 $ 152.5 $ 153.4 $ 53.3 $ 94.0 $ 78.0 $ 144.6 $ 166.4 $ 173.5 $ 161.1 $ 87.7 $ 22.4 $ 75.5 $ 33.1
Joint venture equity earnings, after tax (19.0) (14.7) (3.7) — — — — — — — — — — —
Special items, before tax(1) (48.7) 24.2 (48.1) 55.1 46.3 164.2 87.6 23.8 32.9 59.5 58.7 12.2 61.7 9.6
Special items, tax adjustments(1) (27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (15.9) (24.8) (25.3) (25.1) (1.2) (5.9) (1.0)
Adjusted net income from continuing operations attributable to
PolyOne common shareholders $ 11.8 $ 65.3 $ 76.9 $ 89.5 $ 126.6 $ 168.5 $ 173.5 $ 174.3 $ 181.6 $ 195.3 $ 121.3 $ 33.4 $ 131.3 $ 41.7
Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 82.1 80.4 80.4 78.2 77.7 86.7
Adjusted EPS attributable to PolyOne common shareholders $ 0.13 $ 0.68 $ 0.82 $ 1.00 $ 1.31 $ 1.80 $ 1.96 $ 2.06 $ 2.21 $ 2.43 $ 1.51 $ 0.43 $ 1.69 $ 0.48
* Historical results are shown as presented in prior filings and have not been updated to reflect subsequent changes in accounting principle, discontinued operations or the related resegmentation.
** Pro forma for sale of Designed Structures and Solutions segment (DSS).
*** Pro forma for sale of Performance Products and Solutions segment (PP&S).
https://www.avient.com/investor-center/news/polyone-design-expertise-and-advanced-materials-accelerate-innovation-outdoor-high-performance-industry
May 1
Swanson, Director, Investor Relations, PolyOne Corporation, +1 440-930-1018, eric.swanson@avient.com; Media Contact: Kyle G.
Rose, Vice President, Corporate Communications, PolyOne Corporation, +1 440-930-3162, kyle.rose@avient.com
https://www.avient.com/investor-center/news/polyone-shareholders-approve-all-proposals-2019-annual-meeting
PolyOne
Investor Relations Contact - Joe Di Salvo, Vice President, Treasurer and Investor Relations, PolyOne Corporation, +1 440-930-1921, giuseppe.disalvo@avient.com; Media Contact - Kyle G.
Rose, Vice President, Corporate Communications, PolyOne Corporation, +1 440-930-3162, kyle.rose@avient.com
https://www.avient.com/news/polyone-recognized-among-northcoast-99-best-workplaces
About PolyOne
+1 440-930-1018
+1 440-930-3162
https://www.avient.com/investor-center/news/polyone-announces-appointment-woon-keat-moh-president-color-additives-and-inks
January 1, 2020
Investor Relations Contact: Joe Di Salvo, Vice President, Investor Relations, PolyOne Corporation, +1 440-930-1921, giuseppe.disalvo@avient.com; Media Contact: Kyle G.
Rose, Vice President, Corporate Communications, PolyOne Corporation, +1 440-930-3162, kyle.rose@avient.com
https://www.avient.com/news/polyone-develops-high-performing-plasticizer-alternative-flexible-pvc
About PolyOne
PolyOne Corporation, with 2015 revenues of $3.4 billion, is a premier provider of specialized polymer materials, services and solutions.
Photo Credit: ©ThinkStock.com/PolyOne
Media contact
Michelle Maniscalco
Senior Manager, Marketing Communications
PolyOne Corporation
+1 440-930-1988
Michelle.Maniscalco@avient.com
https://www.avient.com/investor-center/news/polyone-appoints-mark-crist-president-color-additives-inks-scott-horn-president-distribution
June 1, 2017
June 1, 2017
Investor contact: Eric Swanson, Director, Investor Relations, PolyOne Corporation, +1 440.930.1018, eric.swanson@avient.com; Media contact: Kyle Rose, Vice President, Corporate Communications, PolyOne Corporation, +1 440.930.3162, kyle.rose@avient.com
https://www.avient.com/news/polyone-announces-launch-innovative-specialty-technology-serve-healthcare-industry
About PolyOne
Investor contact:
Isaac DeLuca
Vice President, Investor Relations
PolyOne Corporation
+1 440-930-1226
isaac.deluca@avient.com
Media contact:
Kyle Rose
Director, Corporate Communications
PolyOne Corporation
+1 440-930-3162
kyle.rose@avient.com
https://www.avient.com/news/polyone-board-elects-william-r-jellison-director
About PolyOne
+1 440-930-1018
+1 440-930-3162
https://www.avient.com/news/polyone-shareholders-approve-all-proposals-2015-annual-meeting
About PolyOne
Swanson
Director, Investor Relations
PolyOne Corporation
+1 440-930-1018
eric.swanson@avient.com
Rose
Vice President, Corporate Communications
PolyOne Corporation
+1 440-930-3162
kyle.rose@avient.com