https://www.avient.com/sites/default/files/2022-05/Avient_ALL_Policies_2022_0.pdf
It is the responsibility of every associate at Avient, including contractors, to
understand these commitments and support them through their daily
actions including conformance with our programs and procedures, making
safe decisions and protecting our natural resources.
https://www.avient.com/sites/default/files/2021-04/bergamid-electronic-connectors-case-study.pdf
Avient’s willingness to invest the time and resources
needed to ensure success enabled the manufacturer to
develop a cost-effective, well-per forming product for its
customer.
https://www.avient.com/sites/default/files/2020-09/cai-overview-brochure.pdf
CUSTOM SOLUTIONS BUILT FROM GLOBAL RESOURCES
With manufacturing facilities and innovation centers across the globe, we work with you to understand your
goals and provide the expertise that lets you bring your vision to life.
https://www.avient.com/sites/default/files/resources/FAQs%2520for%2520PolyOne%2520GHS%2520Requirements%2520Ver%252006%2520April%25202015.pdf
In other cases, PolyOne has been advised by the suppliers of certain raw materials (carbon black and
titanium dioxide are two prime examples) that the classification of their materials as IARC category 2B
carcinogens are based on certain studies involving rats, and due to a toxicological phenomenon known as
“rat lung overload,” carcinogenicity seen in such rats is not believed to be extended to humans.
https://www.avient.com/sites/default/files/2022-11/Packaging Anti-fog Whitepaper.pdf
Estimates vary, but
industry experts generally acknowledge that about
40–50% of all food meant for humans is wasted
worldwide—thrown away before being consumed.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Wulfsohn
• Appoints the independent auditors to serve as auditors in examining our corporate
accounts
• All members of the Audit Committee meet (1) the financial literacy and independence
requirements as set forth in the NYSE listing standards; and (2) the requirements of
an “audit committee financial expert” as defined by the SEC
• PolyOne’s common shares are listed on the NYSE and are governed by its listing
standards
C Chair of the Committee
Compensation Committee – Primary Responsibilities and Requirements
• Reviews and approves the compensation and other benefits afforded our executive
officers and other highly-compensated personnel, and has similar responsibilities
with respect to non-employee Directors, except that the Compensation Committee’s
actions and determinations for Directors are subject to the approval of the Board
NUMBER OF
MEETINGS IN 2015: 5
• Works with PolyOne senior management in human resources, legal and finance
departments to provide oversight for all of our broad-based compensation and benefit
programs and provides policy guidance and oversight on selected human resource
policies and practices
COMMITTEE
MEMBERS:
W.H.
The Compensation Committee and management annually review and consider tally sheets, which are developed
by our Human Resources department to provide greater context for the compensation of our Named Executive
Officers.
With guidance from the Consultant, our Internal Audit and Human Resources
groups completed the initial risk assessment of our compensation programs, including those that extend beyond the
executive officers.
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
These include energy efficiency, renewable raw mater ials, light weighting and conserving
natural resources.
Fixed row]
(2.5.1) Describe how your organization minimizes the adverse impacts of potential water pollutants on water ecosystems or
human health associated with your activities.
We enable our innovation strategy
through investment in R&D, sales and marketing resources.
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources.
Investing in Innovation — Specialty companies invest to grow, so we ensure our
resources are concentrated on material science for high-growth end markets, poised for
value creation in the long term.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
Examples include:
• Unique technologies that improve the
recyclability of products and enable recycled
content to be incorporated, thus advancing a
more circular economy
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation and reduce carbon footprint
• Sustainable infrastructure solutions that increase
energy efficiency, renewable energy, natural
resource conservation and fiber optic / 5G
network accessibility
Avient employs approximately 8,700 associates and is
certified ACC Responsible Care® and a founding
member of the Alliance to End Plastic Waste.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/resources/Innovation_Day_-_May_2014_0.pdf
PolyOne’s chief operating decision maker uses these financial measures to monitor
and evaluate the ongoing performance of the Company and each business segment
and to allocate resources.
Patterson
12:00-1:00 PM Lunch
PolyOne Corporation Page 7
PolyOne 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
• 18 consecutive
quarters of double-
digit adjusted EPS
growth
• Shift to faster
growing, high
margin, less cyclical
end markets
• Key acquisitions
propel current and
future growth, as
well as margin
expansion
• Established
aggressive 2015
targets
• Continue specialty
transformation
• Targeting $2.50
adjusted EPS by
2015, nearly double
2013 EPS
• Drive double digit
operating income
and adjusted EPS
growth
PolyOne Corporation Page 8
Specialty
54%
PP&S
18%
Distribution
28%
2013 Revenues: $3.8 Billion 2013 Revenues: $3.8 Billion
United
States
67%
Europe
14%
Canada
7%
Asia
6%
Latin
America
6%
$13
$31
$46 $46
$92 $96
$122
$195
$0
$50
$100
$150
$200
2006 2007 2008 2009 2010 2011 2012 2013
End Markets Specialty Operating Income
PolyOne At a Glance
Building &
Construction
13%
Industrial
12%
Transportation
18%
Wire & Cable
9%
Packaging
16%
Consumer
10%
HealthCare
11% Appliance
6%
Electronics &
Electrical
5%
PolyOne Corporation Page 9
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34%
43%
62% 64%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 Q1 2014 2015
%
o
f
O
p
e
ra
ti
n
g
I
n
c
o
m
e
*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $60M Target
Mix Shift Highlights Specialty Transformation
2015
Target
PolyOne Corporation Page 10
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 11
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
550.00%
PolyOne S&P 500
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
'06 '07 '08 '09 '10 '11 '12 '13
‘06-‘13 EPS CAGR = 41%
EPS Share Price vs.
Christopher Murphy
Vice President, Research and Development
Chief Innovation Officer
PolyOne Corporation Page 22
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy
to recycle a pound of plastic
versus a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 23
Decreasing
Dependence on
Fossil Fuels
Globalizing
and Localizing
• Aging
population
• Longer life
expectancy
• Healthy living
• Aging in place
• Environmental
consciousness
• Alternative
energy
• Resource
efficiency
• Biotechnology
• Global
leader/local
expert with
customized
solutions
• Global OEMs
seeking one
standard of
service
everywhere
• Efficiency focus
• Reduced
size/weight
• Mass transit
• Alternative
materials
• Electric
vehicles
Protecting the
Environment
Improving
Health and
Wellness
Alignment with Megatrends
PolyOne Corporation Page 24
Innovation Drives Earnings Growth
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
PolyOne Corporation Page 25
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
PolyOne Corporation Page 26
Recent Innovations
Aligned with Megatrends
in Key End Markets and
2015 Goals
Robert M.