https://www.avient.com/resources/safety-data-sheets?page=6213
Geon(TM) MK186-70 White Rotomold Sarolit NP
Geon(TM) V1420-70 DOT PLASTISOL
DM691Z NAVY BLUE NON-PHTHALATE
https://www.avient.com/news/polyone-joins-leading-brands-eliminate-hazardous-chemicals-discharge-textile-manufacturing
The Group now includes brand members Adidas Group, C&A, Esprit, G‐Star Raw, H&M, Inditex, Jack Wolfskin, Levi Strauss & Co., Li Ning, M&S, New Balance Athletic Shoe, Inc., NIKE, Inc., and PUMA SE, a growing number of associate members, and a diverse group of stakeholders.
https://www.avient.com/sites/default/files/2022-07/Gravi-Tech - HDPE Meat Box - Application Snapshot.pdf
PROHACCP
D E T E C T A B L E E 2 B O X
• Magnetic for detection in factory
• EU and FDA food contact compliance
• Durable for repeated use
• Color matching
• Enabled fast and accurate development of a
custom formulation meeting all customer
requirements
• Provided both material and color expertise
from a single source
• Matched color to specific blue providing
visual contrast against meat/food products,
enhancing detectability
Gravi-Tech™ Density Modified Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-02/Additives and Colorants for Stadium and Arena Seats Application Bulletin.pdf
COLOR RAL REFERENCE COLOR RAL REFERENCE
1015 Brown/12 6026 Green/14
1034 Yellow/14 6032 Green/20
1018 Yellow/19 7004 Grey/21
1003 Yellow/20 8025 Brown/14
3020 Red/15 9022 Pearl Grey/1
5005 Blue/35 9010 White/5
5000 Blue/36
https://www.avient.com/sites/default/files/2021-03/versaflex-click-and-lock-closure-case-study-one-pager.pdf
H O M E W A R E P RO D U C T S
M A N U FAC T U R E R
C L I P & L O C K C L O S U R E
• Food contact compliance
• Good compatibility
• Excellent hinging properties
• Reduce strain marks
• Retain clarity
• Provided extensive technical support throughout
formulation development
• Met exact mechanical properties, provided
excellent hinging properties and reduced strain
whitening marks
• Increased flexibility & lowered temperature flexing
properties
• Enabled customer to differentiate products & add
value for the end consumer
Versaflex™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
Page 3
Strategy and Execution Drive Results
90%
$22
$24
PolyOne
Stock Price
50%
70%
$18
$20
$22
S&P 500 (relative performance)
30%
$12
$14
$16
S&P 500 (relative performance)
‐10%
10%
$6
$8
$10
50%
‐30%
$0
$2
$4
$
|
‐50%$0
2006 2007 2008 2009 2010 2011 2012 2013
Page 4
Four Pillar Strategy
The World’s Premier Provider of SpecializedThe World s Premier Provider of Specialized
Polymer Materials, Services & Solutions
Page 5
Spartech – Compelling Strategic Rationale
• Spartech expands PolyOne’s specialty portfolio with adjacent
technologies in attractive end markets
Bolt on acquisition with opportunity for global expansion as only Bolt‐on acquisition with opportunity for global expansion, as only
6% of Spartech’s revenues are outside of North America
• PolyOne has a proven management team with a track record of
transformational success
• Preliminary synergy estimated at $65 million run rate by end of
3year 3
Significant opportunity to expand profitability by leveraging
PolyOne’s four pillar strategy
• Substantial potential share price appreciation for all
shareholders
f f ll / $ Accretive to EPS in first full year post‐acquisition / $0.50 once
synergies realized
Page 6
Mix Shift Highlights Specialty Transformation
Old
PolyOne Transformation
100%
2015
Target
80%
In
co
m
e*
65 – 75%40%
60%
f O
pe
ra
ti
ng
34%
43% 45%
65 75%
20%
%
o
f
2%0%
2005 2008 2010 2012 2015
Specialty OI $5M $46M $87M $114M Target
*Operating Income excludes corporate charges and special items
JV's PP&S Distribution Specialty
Page 7
Proof of Performance
2007 2012 2015
“Where we were” “Where we are”
“Where we
Where we were Where we are
expect to be"
1) Operating Income %
Specialty 3.2% 9.1% 12 – 16%
PP&S 6.1% 9.0% 9 – 12%
Distribution 3.0% 6.4% 6 – 7.5%
2) Specialty Platform
sss% of Operating Income 20% 45% 65 – 75%
3) ROIC* ( ft t ) 7% 11% 15%3) ROIC* (after‐tax) 7% 11% 15%
4) Adjusted EPS Growth** N/A 4 yr CAGR = 55%
Double Digit
Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
**4 yr EPS CAGR calculated using 2012 adjusted EPS vs 2008 adjusted EPS
Page 8
Proof of Performance
Spartech Opportunity
Intermediate
PolyOne Spartech Opportunity
2006 2012 Today Goal
“Where we
were”
“Where we
are”
“Where
Spartech is”*
“Where we
can go”were are Spartech is can go
Specialty
Operating
Margin
1.5% 9.1% 2.2% 8.0% – 10.0%
Margin
Page 9
*Pro Forma results include Spartech corporate allocations for FY12 ended November 3, 2012
At a Glance
PolyOne
Europe
14%
Canada
8%
Asia
5%
Latin
America
3% Distribution
2012 Revenues: $4.2 Billion* 2012 Revenues: $4.2 Billion*
United
States
70%
14% 5%
PP&S
20%Specialty
57%
23%
70%
Appliance
5%
Building & HealthCare
Transportation
16%
Textiles
2%
1.02
1.20
$1.20
$1.40
ha
re
End Markets* EPS Growth
g
Construction
14%
Wire & Cable
8%
Consumer
8%
Packaging
17%
Industrial
11%
Misc.
6%
9%
0.27
0 21
0.79
$0.40
$0.60
$0.80
$1.00
A
dj
us
te
d
Ea
rn
in
gs
P
er
S
Electrical &
Electronics
4%
0.12
0.21 0.13
$0.00
$0.20
2006 2007 2008 2009 2010 2011 2012
Page 10
* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms
At a Glance
Specialty
U it d
2012 Revenues: $2.4 Billion* Solutions
United
States
59%
Europe
23%
Asia
Canada
4%
Asia
9%
Latin
America
5%
Appliance
4%
Building &
C t ti
HealthCare
5%
Transportation
16%
Textiles
2%
%
o
f S
al
es
12-16%
End Markets* Expanding Profits
Construction
11%
Wire & Cable
7%
Electrical &
Electronics
Packaging
23%
Industrial
7%
Misc.
15%
1.5%
3.2%
4.3%
5.3%
8.4%
9.1%
O
pe
ra
ti
ng
In
co
m
e
%
8.0%
Electronics
4%
Consumer
6%
Page 11
2006 2007 2008 2009 2010 2011 2012 2015
O
Target* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms
At a Glance
Designed Structures and Solutions
United States
2012 Revenues: $0.85 Billion* Solutions
84%
Europe
2%
Canada
7%
Latin America
7%
Appliance
4% Building & Construction
11%
Wire & Cable
Sign & Advertising
3%
Recreation & Leisure
2%
Pool & Spa
1%
Distribution &
Thermoform
8%
Textiles
2% Operating Income % of Sales
2012 Revenue by Industry Segment* Expanding Profits**
Wire & Cable
7%
Electrical & Electronics
4%
Consumer
6%
Packaging
23%Industrial
7%
Transportation
16%
3%
2.2%
8 ‐ 10%
7%
Misc.
1%
HealthCare
5%
2012 2015
Target
Page 12
*Pro Forma includes FY2012 results for Spartech (11/03/12 YE)
**Pro Forma results include Spartech corporate allocations for FY12
Positioned for Earnings Growth
2015 Target
Rev: $5B
Adj.
EPS: $1.20
Proforma Debt Maturities & Liquidity Summary – 12/31/12
(Reflecting Financing & Spartech Acquisition)
• Total Debt at 12/31/12
h
$1,010
$297
$360 $300
$400
Debt Maturities
As of December 31, 2012
($ millions)
Less: Cash
Net Debt
213
$797
$50
$297
$100
$200
• Available Liquidity
Cash $213
$800 Debt Maturities
As of December 31, 2012
P f f 2/13 Fi i
$50
$0
2015 2017 2020
Interest Rates: 7.500% 5.000% 7.375%
Cash
ABL Availability
Total Liquidity
$213
271
$484
$600
$400
$600
Proforma for 2/13 Financing
($ millions)
Total Liquidity
• Net Debt / EBITDA = 2.0x*
$484
$50
$360
$0
$200
• Net Debt / EBITDA = 2.35x**
$50$0
2015 2020 2023
Page 14
Interest Rates: 7.500% 7.375% 5.250%
*Assumes $65 million of synergies related to Spartech acquistion
**Assumes no synergies related to Spartech acquistion
Use of Cash
Share DividendsOrganic G Acquisitions
• Repurchased 1 2
Repurchase
• Introduced a
Dividends
• Expanding our
Growth
T t th t d
Acquisitions
• Repurchased 1.2
million shares in
2012
• 20.0 million
shares are
il bl f
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
available for
repurchase under
the current
authorization
Q1 2013 (20%)
• Objective of
maintaining and
growing
Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
• Synergy opportunities
• Adjacent material solutions
Proforma Cash Balance = $213M
N t D bt / EBITDA* 2 0X
CAPEX
Net Debt / EBITDA* = 2.0X
*Adjusted EBITDA assumes synergies related to the Spartech acquisition are realized at close; preliminary synergies estimated at $65M and are expected to be achieved over a 3-year period
Page 15
Why Invest In PolyOne?
https://www.avient.com/resources/safety-data-sheets?page=4100
Geon(TM) V1285-70 White Scrim Coat Plastiso
Geon(TM) V1526-70 White FR Scrim Coat Plast
BLUE 2
https://www.avient.com/sites/default/files/2021-01/case-study-one-pager-lubrione-switchgear-plunger.pdf
G L O B A L E L E C T R I C A L
E Q U I P M E N T P R OV I D E R
S W I T C H G E A R P L U N G E R
• Customer looking to replace metal.
https://www.avient.com/sites/default/files/2022-04/Ext Building Products OEM Application Snapshot.pdf
Ext Building Products OEM Application Snapshot
E X T E R I O R BU I L D I N G
P RO D U C T S O E M
S H E E T / P R O F I L E E X T R U S I O N
• Source a cost competitive and effective chemical foaming
additive (CFA) with prompt availability
• Incorporate a CFA lightweighting solution with consistent
cell structure and density for better overall operational
performance
• Improve material usage while manufacturing on both
single and twin screw processing equipment
• Met customer needs and timing with
effective and efficient CFA solutions
• Provided formulations that improved the
dispersion and efficacy for optimized
performance and control in manufacturing
• Offered application and processing
expertise focused on specific customer
manufacturing assets and operations,
allowing improved material usage and
reduced operational costs
Hydrocerol™ and Excelite™ CFAs
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-04/OnForce - electronic card reader case study snapshot.pdf
AUTOMOTIVE
MOLDER TIER 1
E L E C T R O N I C C A R D R E A D E R
P A R T F O R M U L T I M E D I A H U B
• Aluminum replacement
• Good mechanical properties
• PP with 40% Long Glass Fiber
• Meet the strict automotive OEM specification
• Designed a material solution to obtain all critical
mechanical criteria and supply the OEM in a short
timeframe
• Delivered tailored strategy while offering global
reach
OnForce Long Fiber Reinforced
Thermoplastic Formulations
KEY REQUIREMENTS
WHY AVIENT?