https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Morgan%2520Stanley%2520Conference.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation
to continue for years
Expand ROIC while increasing invested capital
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating
organic growth
SERVICE:
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 29
T A L E N T D E V E L O P M E N T
PolyOne Corporation 30
Leadership Program Participants
2012
2013
2015
47
86
2016
125
169
216
Campus Hires
2008
2011
25
47
PolyOne LSS Blackbelts
2008
2011
67
202
147
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 31
Material
& Color
Expertise
Manufacturing
Expertise
3
14
Industrial designers
$0
$7M
$4M
$40M
Opportunity funnel New business revenue
LSS CUSTOMER FIRST
PolyOne Corporation 32
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
2 85
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 33
Enables validation of fit and function
Shortens design cycle and time to market
Avoids tooling rework
Drives innovation
Delivers substantial customer value
PolyOne Corporation 34
From concept to production
99.9%
Reduction in
turnaround time
Traditional Timeline
up to 24 weeks
PolyOne ColorMatrix
Select™
6 hours
Innovative system for processors and OEMs to develop colors in real time
Complete system that provides customers with the freedom to match,
prototype and produce color entirely within their own facility
C O L O R M A T R I X S E L E C T ™
“Being able to create color and produce parts in 1 day is unheard of in this industry”
-CEO, Industry Leader
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 35
SEGMENT HIGHLIGHTS
C O L O R , A D D I T I V E S & I N K S
PolyOne Corporation 36
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
27%
14%
Textiles
Building &
10%
10%Transportation
Electrical &
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%
16.0%
18.0%
100
110
120
130
140
150
PolyOne Corporation 37
32%
46%
1%
Mexico
Brazil
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
PolyOne Corporation 38
Engineered
Formulations
Advanced
Thermoplastic
Elastomers
20%
19%
13%
Building &
Electrical &
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 39
$21
$57
$76
0.1%
5.1%
9.3%
28%
48%
22%
12.1%
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
PolyOne Corporation 40
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
30%
Electrical &
1%
Asia
77%
Mexico
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%
16.0%
10
100
PolyOne Corporation 41
$886 $668 $773 $721Sales
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 42
23%
22%
Electrical &
Building &
$20
$25
$63
$73
2.9%
5.9%
6.3%
1.0%
3.0%
5.0%
7.0%
15
25
35
45
55
65
75
Operating Income & Margin2017 Revenue | $1.2 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
http://www.polyone.com/Pages/VariationRoot.aspx
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 43
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth
on polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products
stand up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market
needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
High flame retardancy to
meet strict UL standards
Greater processing and
design flexibility
Specialized additives
provide long term color
stability
Diffusive lens materials
improve light dispersion
Smart Home Devices
ResilienceTM Vinyl Solutions
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.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Terms%2520and%2520Conditions%2520of%2520sale%2520France.pdf
The parties agree and
acknowledge for the avoidance of doubt that in case of
discrepancies between both versions, the English
12.
https://www.avient.com/sites/default/files/2021-09/avient2020sustainabilityreport-9-2-21.pdf
Regular audits are conducted to inspect our external waste disposal companies to ensure proper disposal and to
avoid water and other environmental contamination, as described in Waste: Preventing, Minimizing, Eliminating.
Gravi-Tech™ Density-Modified Formulations are unique, high-density materials that avoid the regulatory, disposal
and employee exposure challenges associated with lead.
To ensure performance expectations are met, each site has trained management
personnel to oversee their management systems.
70
80
2017 2018 2019 2020
N
m
b
r
f
P
ro
je
ct
74 Energy Saving Activities in 2020
75.11%
3.87%
Energy Source Breakdown
Purchased Electricity
Purchased Natural Gas
Purchased Diesel Fuel
21.02%
ENERGY SAVING PROJECTS
Cumulative Annual CO2e Avoidance
6,800+
MT per year
Renewable Energy Update
To help reduce consumption from non-renewable energy sources,
Avient has leveraged a Virtual Power Purchase Agreement (VPPA)
in North America.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
In addition, our LSS energy savings
projects led to a cumulative annual CO2e avoidance of over 6,800 MT per year.
Gravi-Tech™ Density-Modified Formulations are unique, high-density materials that
avoid the regulatory, disposal and employee exposure challenges associated with lead.
To ensure performance expectations are met, each site has trained management
personnel to oversee their management systems.
60
2017 2018 2019
m
b
r
f
P
ro
je
ct
Energy Saving ActivitiesEnergy Source Breakdown
Purchased Electricity
Purchased Natural Gas
Purchased Diesel Fuel
25.8%
1.02%
73.18%
ENERGY SAVING PROJECT
Cumulative Annual CO2e Avoidance
6,800+
MT per year
Success Story: Renewable Energy VPPA
To help reduce consumption from non-renewable energy sources,
Avient was proud to sign a Virtual Power Purchase Agreement (VPPA)
in early 2020 to procure 36 MW of renewable energy capacity from a
solar array in Texas.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
In addition, our LSS energy savings
projects led to a cumulative annual CO2e avoidance of over 6,800 MT per year.
Gravi-Tech™ Density-Modified Formulations are unique, high-density materials that
avoid the regulatory, disposal and employee exposure challenges associated with lead.
To ensure performance expectations are met, each site has trained management
personnel to oversee their management systems.
60
2017 2018 2019
m
b
r
f
P
ro
je
ct
Energy Saving ActivitiesEnergy Source Breakdown
Purchased Electricity
Purchased Natural Gas
Purchased Diesel Fuel
25.8%
1.02%
73.18%
ENERGY SAVING PROJECT
Cumulative Annual CO2e Avoidance
6,800+
MT per year
Success Story: Renewable Energy VPPA
To help reduce consumption from non-renewable energy sources,
Avient was proud to sign a Virtual Power Purchase Agreement (VPPA)
in early 2020 to procure 36 MW of renewable energy capacity from a
solar array in Texas.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Argentina %28English and Spanish Translation%29.pdf
The parties agree and acknowledge for the avoidance
of doubt that in case of discrepancies between both versions,
the Spanish version shall prevail.
https://www.avient.com/sites/default/files/2020-09/sustainabilityreport2018.pdf
These materials provide customized high-performance
properties that meet a broad range of application-specific
healthcare requirements, all while avoiding the regulatory,
disposal and employee exposure challenges associated
with lead.
Our Sustainable Solutions make an important contribution
toward helping our customers avoid emissions as well.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
In determining the median employee, we annualized the total
compensation for such individuals by extending their base wages over the full annual period but avoided
creating full-time equivalencies.
For the avoidance of doubt, the Option Price of an
Option Right to which a Tandem Appreciation Right relates (except with respect to awards
under Section 22 of this Plan) will be equal to or greater than the Market Value per Share on
the Date of Grant of such related Option Right.
For the avoidance of doubt, any
such dividends or other distributions on Restricted Stock shall be deferred until and paid
contingent upon the vesting of such Restricted Stock.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
For the avoidance
of doubt, the Option Price of an Option Right to which a Tandem Appreciation Right relates (except with
respect to awards under Section 22 of this Plan) will be equal to or greater than the Market Value per Share
on the Date of Grant of such related Option Right.
For the avoidance of doubt, any such dividends or other distributions on Restricted
Stock shall be deferred until and paid contingent upon the vesting of such Restricted Stock.
e) Notwithstanding any provision of this Plan and grants hereunder to the contrary,
in light of the uncertainty with respect to the proper application of Section 409A of the Code, the Company
reserves the right to make amendments to this Plan and grants hereunder as the Company deems necessary
or desirable to avoid the imposition of taxes or penalties under Section 409A of the Code.
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
Regular audits are conducted to inspect our external waste disposal companies to
ensure proper disposal and to avoid water and other environmental contamination,
as described in Waste: Preventing, Minimizing, Eliminating.
Gravi-Tech™ Density-Modified Formulations are unique,
high-density materials that avoid the regulatory, disposal
and employee exposure challenges associated with lead.
To ensure performance expectations are met, each site
has trained management personnel to oversee their management systems.
77.53%
1.68%
Energy Source Breakdown
Purchased Electricity
Purchased Natural Gas
Purchased Diesel Fuel20.80%
60% Goal by 2030
100% Goal by 2050
Electricity from Renewable Resources
Cumulative Annual CO2e
Avoidance MT per year
Energy Saving Projects
9,196+
44% in 2021
Sustainability Report | 2021 63
Climate Change
Energy and Greenhouse Gas (GHG) Emissions
Our Paths to Carbon Neutrality
Avient continuously strives for global climate protection.