https://www.avient.com/industries/healthcare/drug-delivery-systems/pump-technologies
Additive technologies to protect pump surfaces from scratches, mars, UV light, or unwanted static
Computers & Peripherals
Find out how and where these game changing materials are being used in healthcare applications
https://www.avient.com/sites/default/files/resources/Proxy%2520Statement%2520for%2520Web%2520Hosting.pd_.pdf
NOTICE OF 2019
ANNUAL MEETING OF SHAREHOLDERS
AND PROXY STATEMENT
PolyOne Corporation
MESSAGE FROM OUR CEO
Your vote is
very important.
Independent Registered Public Accountant Services and Related Fee Arrangements
Report of the Audit Committee
The Audit Committee of
the Board of Directors
Director Independence
Lead Director
Board Leadership Structure
Board’s Oversight of Risk
Code of Ethics, Code of Conduct and Corporate Governance Guidelines
Communication with Board
Board and Committees
Board Attendance
Board Committees
AAudit Committee – Primary Responsibilities and Requirements
MEETINGS IN 2018: 9
Compensation Committee – Primary Responsibilities and Requirements
MEETINGS IN 2018: 5
MEMBERS:
Nominating and Governance Committee – Primary Responsibilities and
Requirements
MEETINGS IN 2018: 4
Environmental, Health and Safety Committee – Primary Responsibilities and
Requirements
MEETINGS IN 2018: 3
Board Refreshment
0%
20%
40%
60%
80%
100%
5 or fewer 6 to 10 More than 10
Years of Service
NON-EMPLOYEE DIRECTOR COMPENSATION
2018 NON-EMPLOYEE DIRECTOR COMPENSATION
Role Annual Cash Retainers
2018 Director Compensation Table
Fees Earned or Paid in Cash
Stock Awards
Total
(1)
NON-EMPLOYEE DIRECTOR COMPENSATION
Fees Earned or Paid in Cash (column (a))
Stock Awards (column (b))
Option Awards Outstanding and Fully-Vested Deferred Shares
Number of Deferred Shares(1)
Beneficial Ownership of Our Common Shares
Owned(1)
Right to Acquire
Shares
Total Beneficial
Ownership
Name and Address
Shares
%
of Shares
Stock Ownership Guidelines for Non-Employee Directors
Section 16(a) Beneficial Ownership Reporting Compliance
Executive Summary
Name Title
How Pay is Tied to Company Performance.
Requests for copies of such Annual Report on Form 10-K or for information on how to obtain directions to be
able to attend the Annual Meeting and vote in person should be directed to: PolyOne Center, 33587 Walker
Road, Avon Lake, Ohio 44012, Attention: Secretary.
https://www.avient.com/news/independent-testing-proves-polyone-shock-absorbing-tpes-protect-phone-cases-impact-better-tpus
CLEVELAND – September 13, 2018 – Before PolyOne introduced Versaflex™ XP shock absorbing TPEs to the market, it reached out to an independent testing lab to understand just how well these new materials perform relative to TPUs, one of the most commonly used materials in phone cases.
Results showed Versaflex™ XP shock absorbing TPEs absorbed up to 10 percent more impact than TPU at drop heights of 4 – 8 feet, and over 25 percent more impact at 10 – 14 feet.
In addition, the tests showed that a case made with Versaflex XP TPE dropped from 14 feet performs nearly the same as a TPU case dropped from 10 feet.
https://www.avient.com/news/avient-achieves-reexamination-certificate-dyneema-cut-resistant-yarn-patent
I’m delighted to share this milestone achievement with our valued partners, stakeholders, and customers,” commented Marcio Manique, global business director, Consumer & Professional Protection for Dyneema® at Avient.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Credit%2520Suisse%2520-%2520June%25202015.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which
could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
You are
advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and
Exchange Commission.
Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt
extinguishment costs; employee separation costs resulting from personnel reduction programs, plant phase-in costs, executive separation agreements; asset impairments; mark-to-market
adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties, remediation costs and related
insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and
losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of
the performance period; unrealized gains and losses from foreign currency option contracts; one-time, non-recurring items; and the effect of changes in accounting principles or other such
laws or provisions affecting reported results.
(2) Tax adjustments include the net tax expense (benefit) from one-time income tax items and deferred income tax valuations allowance adjustments.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
You are advised to consult any further disclosures we make
on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
Over the last 10 years, our
multiple has expanded as we have
progressed in our portfolio
transformation.
In addition, operating
income before the effect of special items is a component of Avient’s annual and long-term employee incentive plans and is used
in debt covenant computations.
https://www.avient.com/investor-center/news/polyone-announces-exercise-option-purchase-additional-common-shares
per share.
A registration statement relating to these securities has been filed with the
SEC Filings
https://www.avient.com/news/polyone-reimagines-packaging-soft-touch-sustainability-tpes
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News Center
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PolyOne Reimagines Packaging from Soft-Touch to Sustainability with TPEs
Another benefit to incorporating these soft touch materials in packaging is the ability to add color and texture, allowing a package to stand out from the competition on the store shelf.
Tactile feel can range from silky to grippy, and texture can range from smooth to matte or bumpy to gritty.
https://www.avient.com/sites/default/files/2020-05/polyone-investor-presentation-may-2020_0.pdf
Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or
solely as alternatives to, financial measures prepared in accordance with GAAP.
This guidance excluded the impact of the additional shares subsequently issued in February.
Reconciliation to Adjusted EPS Excluding Special Items and Impacts of February 2020 Equity Offering
Three Months Ended
March 31, 2020
Net income from continuing operations – GAAP $ 33.1
Special items, after tax(1) 8.6
After tax interest income earned on equity proceeds, included in Interest expense, net (0.7)
Adjusted net income excluding special items and impact of interest income on equity proceeds $ 41.0
Diluted weighted-average shares used to compute earnings per common share 86.7
Weighted-average impact of 15.3 million shares issued in February 2020 equity offering (9.3)
Diluted weighted-average shares excluding impact of shares issued in February 2020 equity offering 77.4
Adjusted EPS - excluding special items and the net impact of equity offering $ 0.53
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
https://www.avient.com/news/avient-feature-specialty-technologies-and-services-healthcare-mdm-west-2023
Drawing from its comprehensive portfolio of specialized global polymers, additives, and colorants for healthcare, Avient’s on-site experts will focus on a growing list of compliant technologies, bio-based and other sustainable alternatives to traditional materials, and its design services that support product development.
This broad line of additives includes Mevopur chemical foaming agents that can help reduce material use by up to 20 percent, providing another way to increase sustainability in healthcare packaging products.
In addition to specific polymer solutions, experts will be on hand to share insights on the specialty services Avient provides, specifically Avient Design and ColorWorks™ Design and Technology Centers, to support customers throughout product development.