https://www.avient.com/sites/default/files/resources/Polyone%2520AR.pdf
The reports, proxy statements and other information
we file are available to the public at the SEC’s website at http://www.sec.gov.
From April 1996 to June 2005, Mr.
General Manager of Geon Performance Materials, September 2015 to April 2016.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Pakistan.pdf
Terms and Conditions (April 1, 2024)
خاص طور پر اسے معاہدے میں ترمیم کے طور پر شناخت نہ کیا جائے۔ معاہدے
میں کوئی ترمیم یا اضافہ خریدار کی طرف سے جمع کرائے گئے خریداری کے
ل فروخت کننده آرڈر، اقرار، رہائی یا اضافی یا مختلف شرائط و ضوابط پر مشتم
کے ذریعہ تسلیم یا قبولیت سے نہیں ہوگا۔
THE UNITED NATIONS CONVENTION اقوام متحده کا کنونشن۔ ۔۲۰
RESPECTING CONTRACTS FOR THE INTERNATIONAL SALE OF
GOODS ان شرائط کے تحت فروخت پر الگو نہیں ہوگا۔
یہ شرائط پاکستان کے قوانین کے مطابق چالئی اور ان کی تشکیل قابل اطالق قانون۔ ۔۲۱
کی جائے گی۔ پاکستان کی عدالتیں ان شرائط سے پیدا ہونے والے یا ان سے متعلق
تمام معامالت میں دائره اختیار رکھتی ہیں۔
اس حد تک کہ فروخت کننده اور خریدار نے ایک الگ رازداری کے رازداری۔ ۔۲۲
عمل درآمد کیا ہے، پھر اس طرح کے رازداری کے معاہدے کی شرائط معاہدے پر
کو کنڻرول کیا جائے گا۔ اس حد تک کہ فروخت کننده اور خریدار نے ایک الگ
رازداری کے معاہدے پر عمل نہیں کیا ہے، فروخت کننده کی جانب سے فراہم کرده
خریدار فریقین کوئی بھی اور تمام معلومات کو خفیہ سمجھا جائے گا اور صرف
کے درمیان لین دین کے مقصد کے لیے استعمال کرے گا۔ اگر خریدار کو عدالتی
حکم یا قانونی ڈیوڻی کی وجہ سے معلومات کو ظاہر کرنے کی ضرورت ہے،
خریدار کو فوری طور پر فروخت کننده کو مطلع کرنا ہوگا اور اگر وه حفاظتی آرڈر
ه کے ساتھ معقول طور پر تعاون کرے گا۔ حاصل کرنا چاہتا ہے تو فروخت کنند
خریدار، فروخت کننده کے مطالبے پر، فوری طور پر فروخت کننده کے پاس ایسی
تمام معلومات کو واپس بھیجے گا یا ختم کر دے گا۔ خریدار اس کی کاپی اپنے پاس
نہیں رکھے گا۔ خریدار درخواست پر ایک معقول رازداری کے معاہدے پر دستخط
اور اس بات کو یقینی بنائے گا کہ اس کے مالزمین کم از کم اتنی ہی پابندی کرے گا
والی رازداری کی ذمہ داریوں کے پابند ہوں جیسا کہ یہاں بیان کی گئی ہیں۔
کیلنڈر دنوں کے 14فروخت کننده یہ معاہده اپنے واحد اختیار پر خریدار کو خاتمہ۔ ۔۲۳
تحریری نوڻس پر ختم کر سکتا ہے۔
ان شرائط کی شق کے باطل ہونے کی صورت میں، فریقین یہ سمجھیں سیوریبیلیڻی۔ ۔۲۴
گے کہ اس شق کو مکمل طور پر متاثر کیا گیا ہے اور باقی کی شرائط اپنی پوری
کے ساتھ اثر میں رہیں گی۔شدت
(April 1, 2024) شرائط و ضوابط
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
Our
filings are available to the public at the SEC’s website at http://www.sec.gov.
From April 1996
to June 2005, Mr.
General Manager of Geon Performance Materials, September 2015 to April 2016.
https://www.avient.com/sites/default/files/resources/Innovation%2520Day%2520-%2520May%25202014.pdf
Richardson
Executive Vice President, Chief Financial Officer
PolyOne Corporation Page 15
Track Record of Accelerated Growth
Total Revenue Adjusted EPS Adjusted EBITDA
$2,061
$2,506
$2,709
$2,861
$3,771
2009 2010 2011 2012 2013
($ in millions, except EPS )
$105
$179
$202
$255
$344
2009 2010 2011 2012 2013
$0.13
$0.68
$0.82
$1.00
$1.31
2009 2010 2011 2012 2013
PolyOne Corporation Page 16
$0.31
$0.44
$0.20
$0.30
$0.40
Q1 2013 Q1 2014
Adjusted EPS
$42
$60
$20
$40
$60
Q1 2013 Q1 2014
Specialty Operating Income
($ millions)
Q1 2014 Financial Highlights
Growth momentum accelerates
driven by specialty platform
Specialty segments and
Distribution achieve record results
All segments increase operating
income compared to prior year
Revenue grew 25% versus
Q1 2013
+43%
+42%
$57
$79
$30
$60
$90
Q1 2013 Q1 2014
Adjusted Operating Income
($ millions)
+39%
PolyOne Corporation Page 17
Commitment to Operational Excellence
81%
96%
2006 2013
16.2%
10.9%
2006 2013
On-Time Delivery
Working Capital % of Sales
5.0%
31.0%
2006 2013
Percent of Associates Trained in LSS
Three consecutive years – CFO Magazine
Best Working Capital Management
Program in the chemical industry
World’s Best Business
Process Excellence
Program in 2012*
95 certified Black Belts
211 certified Green Belts
422 Project Leaders
World’s Best “Start-up
Program” for Lean Six Sigma
Deployment in 2009*
*Both awards received from International Quality and Productivity Center
PolyOne Corporation Page 18
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
*TTM 12/31/2013
** includes US-qualified pension plans only
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
PolyOne Corporation Page 19
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales, marketing,
and technical capabilities
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million shares in
Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for
repurchase under the
current authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
PolyOne Corporation Page 20
3.07 3.05
1.81
1.45
1.82
1.54
0.85
3.15
1.17
1.69
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
0.91
PolyOne
Valuation Aspirations
PEG Ratio Comparison
Represents $38 of
share price upside
Avg = 1.96
PolyOne Corporation Page 21
Innovating for the Future
Dr.
Strong past 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
Addressable market exceeds $40 billion
PolyOne Corporation Page 44
Appendix
Kiosk Summaries
Segments at a Glance
Officer Biographies
PolyOne Corporation Page 45
Anti-Counterfeiting Solutions
Includes formulation and consultative
services to assist manufacturers and
brand owners in positively identifying
their packaging, devices, end
products and raw materials in the field
Protects brand equity – defense
against customer complaints or legal
actions based on erroneous product
identification
Protects consumer welfare –
decrease in potential harm to
consumers, reduction in unwarranted
recall expenses
Secures supply chain integrity –
support for safe expansion into new
geographies
PolyOne Corporation Page 46
Security and Safety Solutions
Polycast™ Bullet Resistant Sheet,
an optically clear, non-yellowing
acrylic, provides ballistics
protection against powerful
weapons
• High-impact resistance that foils
“smash-and-grab” thieves
GlasArmor™ Bullet Resistant
Panels, a UL-listed solution with
superior ballistic resistance yet
weights 75% less than steel panel
• Used in commercial security
applications for business, home,
and governmental facilities
PolyOne Corporation Page 47
3D Printing
Collaborating with customers using
3D printers to create prototypes
and samples
Enables customers to develop and
test their products and innovations
quickly and accurately
3D printing of molds and inserts
allows OEMs to develop and test
new product innovation using their
own equipment and material of
choice, more efficient than
traditional processes
PolyOne Corporation Page 48
Enhanced Ergonomic Technologies
Versaflex™ VDT was developed to
absorb vibration and noise in a
broad range of applications,
including minimally invasive
surgical instruments, electronics,
firearms, archery and automotive
Can be overmolded onto a rigid
substrate without the need for an
adhesive to increase production
efficiencies and profitability
Creates value by:
• Increasing end-user comfort
• Eliminating secondary assembly
• Differentiating end products
PolyOne Corporation Page 49
Sustainable Solutions
reFlex™ Bio-Based Plasticizer non-
phthalate additive used to make
vinyl more flexible
• Derived primarily from soybeans
rather than petroleum
• Certified by USDA BioPreferred®
program
Wilflex™ Oasis Water-Based Inks
satisfy consumer demand for eco-
conscious products
• Long screen life and production-
friendly to improve operational
efficiencies, increase design quality
PolyOne Corporation Page 50
Color and Design Services
First-of-its-kind offering that
supports color and product
development from concept to
reality
Helps brand managers and
designers evaluate color and
design alternatives to:
– accelerate and streamline product
development
– strengthen brand equity
– build marketplace excitement
Enhances product differentiation
Improves efficiency and profitability
PolyOne Corporation Page 51
Metal Replacement Technology
Portfolio of solutions that meet upper
range of performance requirements,
removing barriers to replacing metal
with polymers
Applications include:
• LED heat sinks
• Electronic shielding (EMI/RFI)
• Structural integrity at elevated
temperatures (i.e., large appliances)
• Lead-free radiation shielding (i.e.,
CT scanners)
Creates value by eliminating the
need for machining and secondary
operations, removing weight,
streamlining production and
improving cost efficiencies
PolyOne Corporation Page 52
Medical Device Solutions
Catheters made using NEU™ View
patent-pending technology are
optically translucent, and have
superior contrast under X-ray
(radiopaque) when compared with
alternative catheter materials
Formulations for cardiovascular and
intravascular catheters are
application-specific, incorporating
medical-grade polymers, additives,
color, and healthcare-centric
manufacturing practices
Only commercially available product
that has excellent visibility, both
optically and under X-ray, to bolster
clinician confidence and offer
significant market advantage
PolyOne Corporation Page 53
Consumer Electronics Solutions
Ability to offer multiple technology
solutions on a global basis for this
industry, where many OEMs design in
one region, prototype in another, and
manufacture in yet another
Sustainable / “green” solutions help
customers to differentiate in this
market
New formulations for emerging
wearables market that meet skin
contact requirements and aesthetic
needs
PolyOne Corporation Page 54
Appliances
4%
Building &
Construction
4%
Consumer
17%
Electrical &
Electronics
16%
Healthcare
12%
Industrial
8%
Packaging
7%
Transportation
19%
Wire & Cable
13%
At a Glance
Global Specialty Engineered Materials
2013 Revenues: $0.6 Billion Solutions
2013 Revenue by Industry Segment Expanding Profits
1.1% 1.3%
3.4%
5.1%
9.6%
8.0%
8.6%
9.3%
12-16%
2006 2007 2008 2009 2010 2011 2012 2013 Q1
2014
2015
Operating Income % of Sales
Target
United States
43%
Europe
33%
Canada
2%
Asia
18%
Latin America
4%
11.6%
PolyOne Corporation Page 55
Appliances
2%
Building &
Construction
11%
Consumer
5%
Electrical &
Electronics
6%
Healthcare
7%
Industrial
13%
Packaging
34%
Transportation
10%
Wire & Cable
12%
Target
At a Glance
Global Color, Additives and Inks
2013 Revenues: $0.9 Billion Solutions
Expanding Profits
1.7%
4.6% 5.1%
5.5%
7.2% 8.1%
9.7%
12.2%
12-16%
2006 2007 2008 2009 2010 2011 2012 2013 Q1
2014
2015
Operating Income % of Sales
United States
44%
Europe
37%
Canada
2%
Asia
11%
Latin America
6%
2013 Revenue by Industry Segment
13.8%
PolyOne Corporation Page 56
At a Glance
Designed Structures and Solutions
Solutions 2013 Revenues: $0.6 Billion
Expanding Profits
2.2%
8 - 10%
6.5%
2012 PF Q1 2013 Q1 2014 2015
Operating Income % of Sales
0.2%
Target
United States
96%
Canada
3%
Latin America
1%
Appliances
2%
Building &
Construction
10%
Consumer
11%
Healthcare
6%
Industrial
13%
Packaging
32%
Transportation
26%
2013 Revenue by Industry Segment
PolyOne Corporation Page 57
5.5%
6.9%
3.8% 3.6%
5.5%
4.3%
6.3%
7.2%
2006 2007 2008 2009 2010 2011 2012 2013 Q1
2014
Operating Income % of Sales
At a Glance
Performance Products and Solutions
Solutions
Expanding Profits
2013 Revenues: $0.8 Billion
United States
81%
Europe
1%
Canada
14%
Asia
2%
Latin America
2%
9-12%
Target
2013 Revenue by Industry Segment
Appliances
8%
Building &
Construction
34%
Consumer
4% Electrical &
Electronics
3%
Healthcare
1%Industrial
10%
Packaging
6%
Transportation
16%
Wire & Cable
18%
2015
7.7%
PolyOne Corporation Page 58
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4%
5.9%
6 - 7.5%
2006 2007 2008 2009 2010 2011 2012 2013 Q1
2014
2015
Operating Income % of Sales
15.3%
46.0%
2006 Q1 2014
At a Glance
Distribution
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and
equity over a 5 quarter period
Solutions 2013 Revenues: $1.1 Billion
ROIC* Expanding Profits
Target
Appliances
5%
Building &
Construction
5%
Consumer
14%
Electrical &
Electronics
5%
Healthcare
24%
Industrial
16%
Packaging
5%
Transportation
23%
Wire & Cable
3%
6.1%
http://www.polyone.com/Pages/VariationRoot.aspx
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
Senior
Vice President, Chief Commercial Officer, April 2016 to March 2020.
From April 1996 to June 2005, Mr.
a semiconductor company based in California) from April 2019 to June 2021.
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
tab=progress-report
http://endplasticwaste.org
https://plasticsrecycling.org
https://www.microfibreconsortium.com
https://www.opcleansweep.org
https://www.petcore-europe.org
https://www.plasticsrecyclers.eu/who-we-are
https://responsible-mica-initiative.com
https://www.newplasticseconomy.org/projects/plastics-pact
Planet
Photo of Hocking Hills, Ohio, by Avient Associate Nick Govelovich, submitted to our 2022 Earth Day Photo Contest.
Clean4Change is a global movement,
initially launched during Earth Day in April 2021, with the goal of engaging stakeholders around the world and to motivate them in adopting cleanup behaviors.
Challenge Accepted.
2021 Sustainability Report
AVIENT.COM
http://www.avient.com
http://AVIENT.com
https://responsiblecare.americanchemistry.com/Guiding-Principles/
https://endplasticwaste.org/about/
https://www.greatplacetowork.com
https://www.unglobalcompact.org
https://www.newsweek.com/americas-most-responsible-companies-2022
https://www.hrc.org/resources/corporate-equality-index
https://www.barrons.com/articles/most-sustainable-companies-51644564600
https://www.wsj.com/news/collection/management-top-250-december-2021-30a0ffe8
Message from the CEO
Message from the Governance and Corporate
Responsibility Committee
Our Sustainability Strategy &
Employee
Engagement
Strategy Execution & Proof of Performance
2030 Sustainability Goals
Avient Reaffirms Commitment to U.N.