https://www.avient.com/sites/default/files/resources/PolyOne%25202018%2520Proxy%2520Statement.PDF
The following table compares cumulative total shareholder return (“TSR”) on our common shares against the
cumulative total return of the S&P 500 Index and the S&P Mid Cap Chemicals Index over one-, three- and five-year
periods ending December 31, 2017, assuming in each case a fixed investment of $100 and reinvestment of all
dividends.
Over a three-year time period, our TSR performance was less than the S&P 500 Index and the S&P Mid Cap
Chemicals Index, primarily due to weaker performance from our DSS segment, which we subsequently divested in July
2017.
These investments ultimately paid off, as 1-year TSR performance for 2017
exceeded that of the S&P indices and our peers.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
Garratt
Senior Vice President, President of
Performance Products & Solutions
John Midea
Senior Vice President,
Global Operations & Process
Improvement
Mark Crist
Senior Vice President, President of
PolyOne Distribution
Cathy Dodd
Vice President, Marketing
Chris Murphy
Vice President, Research & Development,
Chief Innovation Officer
Kurt Schuering
Vice President, Global Key Account
Management
The Leaders Behind the Team
PolyOne Corporation Page 8
Commodity to Specialty Transformation
• Volume driven,
commodity producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2014 2015 and beyond
• Steve Newlin
appointed, Chairman,
President and CEO
• New leadership team
appointed
• Implementation of four
pillar strategy
• Focus on value based
selling, investment in
commercial resources
and innovation to drive
transformation
• Substantial EPS growth
from $0.13 to all-time
high of $1.80
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Accelerating growth
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 9
2006 2014
“Where we were” “Where we are”
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 14.7%
Global Specialty Engineered Materials 1.1% 12.1%
Designed Structures & Solutions 1.4%(2012) 7.3%
Performance Products & Solutions 5.5% 7.7%
Distribution 2.6% 6.1%
Specialty Platform % of
Operating Income 6.0% 65%
ROIC 5.0% 11.3%
Adjusted EPS Growth N/A 37%
Proof of Performance
PolyOne Corporation Page 10
2%
34% 43% 62% 65%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Old
PolyOne
Mix Shift Highlights Specialty Transformation
New
PolyOne Transformation
Specialty OI $5M $46M $87M $195M $242M
*Operating Income excludes corporate charges and special items
PolyOne Corporation Page 11
2014 2015 Target
“Where we are” (Est. in 2012)
Operating Income %
Specialty:
Global Color, Additives & Inks 14.7% 12 – 16%
Global Specialty Engineered Materials 12.1% 12 – 16%
Designed Structures & Solutions 7.3% 8 – 10%
Performance Products & Solutions 7.7% 9 – 12%
Distribution 6.1% 6 – 7.5%
Specialty Platform % of
Operating Income 65% 65 – 75%
ROIC 11.3% 15%
Adjusted EPS Growth 37% Double Digit
Expansion
Proof of Performance
PolyOne Corporation Page 12
• Sold non-core resin assets – EPS dilutive
• Completed acquisition of Spartech
• Housing starts below 1.25 million units
Single family units 30% below expectations
• Longstanding weakness in Europe, and
decline in Euro
Successfully Navigating Change Since 2012
PolyOne Corporation Page 13
-100%
200%
300%
400%
500%
600%
POL S&P 500
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
‘06-‘14 Adjusted EPS CAGR = 40%
Adjusted EPS Share Price vs.
S&P 500
PolyOne Corporation Page 14
Well Positioned for Accelerated Growth
$40 billion of market potential
• Megatrends favor our solutions
$1.9 billion of opportunities in our specialty innovation pipeline
• Increased $200m from a year ago
44% of Specialty products introduced in the last 5 years
World class leadership team drives next
phase of specialty transformation:
From Gold to Platinum
PolyOne Corporation Page 15
Global Color, Additives & Inks
John V.
S&P 500
-100%
200%
300%
400%
500%
600%
POL S&P 500
PolyOne Corporation Page 85
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 86
Track Record of Successful Acquisitions
$12
$50
2007 2014
$22
$39
2012 2014
$24
$69
2012 2014
GLS ColorMatrix Spartech
OI in $ millions
PolyOne Corporation Page 87
Driving Toward Premier Profitability
EBIT Margins for top tier
companies
Victrex 41%
18% Albemarle
Eastman 17%
Hexcel 17%
FMC 16%
Ecolab 14%
12% Specialty EBIT Margin – 2014
IFF 19%
Celanese 13%
PolyOne Corporation Page 88
2006 2014 2020
“Where we were” “Where we are” Platinum Vision
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 14.7% 20%+
Global Specialty Engineered Materials 1.1% 12.1% 20%+
Designed Structures & Solutions 1.4%(2012) 7.3% 12 – 14%
Performance Products & Solutions 5.5% 7.7% 10 – 12%
Distribution 2.6% 6.1% 6.5 – 7.5%
Specialty Platform % of
Operating Income 6.0% 65% 80%+
ROIC 5.0% 11.3% 15%
Adjusted EPS Growth N/A 37% Double Digit
Expansion
2020 Platinum Vision
PolyOne Corporation Page 89
Platinum Vision: Pathway to Accelerated Growth
Organic
Sales Growth
Margin
Expansion
Share
Repurchases
Acquisitions
PolyOne Corporation Page 90
2006 2010 2014 2020
Driving Toward a Premium Specialty Multiple
6x
4x
Commodity POL
8x
Hybrid
10x
14x+
Mid-Tier
Specialty
Premium
Specialty
M
ul
tip
le
POL
POL
POL
PolyOne Corporation Page 91
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France %28French Translation%29.pdf
CONDITIONS GENERALES DE VENTE
Les présentes conditions générales régissent la vente de Produits (« Produit(s) ») à une autre
personne (« Acheteur ») par Avient Corporation et ses sociétés affiliées (« Vendeur »).
1.
Dans la limite de l’article 5, le Vendeur garantit à l’Acheteur la pleine et entière propriété
du Produit et que le Produit est conforme, au moment de l'expédition, à un certificat d'analyse ou à
un certificat de conformité, si l'un de ces documents existe, et à toute autre spécification signée par
le Vendeur (la, les « Spécification(s) »).
Si les parties ne réussissent pas à se mettre d'accord à ce sujet
pour appliquer de tels changements dans les soixante (60) jours suivant cette notification, le Vendeur
aura alors le droit de résilier la (les) commande(s) concernée(s) immédiatement par notification écrite
à l'Acheteur.
10.
https://www.avient.com/industries/packaging/cosmetics-packaging/fragrance
UV additives that deliver protection for your light sensitive products
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
Dynaflex™ G provides durability and UV stability for cooler feet and wagon wheel tread
https://www.avient.com/industries/packaging/household-packaging/fabric-care
UV additives that deliver protection for your light sensitive products
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
Dynaflex™ G provides durability and UV stability for cooler feet and wagon wheel tread
https://www.avient.com/industries/packaging/household-packaging/household-cleaners
UV additives that deliver protection for your light sensitive products
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
Dynaflex™ G provides durability and UV stability for cooler feet and wagon wheel tread
https://www.avient.com/industries/packaging/household-packaging/surface-care
UV additives that deliver protection for your light sensitive products
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
Dynaflex™ G provides durability and UV stability for cooler feet and wagon wheel tread
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
The following chart compares cumulative TSR on our common shares against the cumulative total return of the
S&P 500 Index and the S&P Mid Cap Chemicals Index for the five-year period December 31, 2010 to December 31,
2015, assuming in each case a fixed investment of $100 and reinvestment of all dividends.
Our performance has
exceeded the S&P 500 Index as well as the S&P Mid Cap Chemicals Index.
$0
$50
$100
$150
$200
$250
$300
$350
12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15
Comparison of Cumulative Total Return to Shareholders
PolyOne Corporation S&P 500 Index S&P Mid Cap Chemicals
POL
0%
25%
50%
75%
100%
0% 25% 50% 75% 100%
om
pe
ns
at
io
n
ile
2014 - 2015 TSR Performance %ile
Peer Group Pay vs.
https://www.avient.com/industries/packaging/personal-care-packaging/hair-care
UV additives that deliver protection for your light sensitive products
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
Dynaflex™ G provides durability and UV stability for cooler feet and wagon wheel tread
https://www.avient.com/industries/packaging/personal-care-packaging/bath-and-shower
UV additives that deliver protection for your light sensitive products
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
Dynaflex™ G provides durability and UV stability for cooler feet and wagon wheel tread