https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520RW%2520Baird%2520Conference%2520w%2520non-GAAP.pdf
Baird 2014 Industrial Conference
Chicago, IL
November 11, 2014
PolyOne Corporation Page 2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
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.
The non-GAAP financial measures
include: adjusted EPS, earnings before interest, tax, depreciation and amortization
(EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty
platform gross margin percentage, adjusted operating income, return on invested
capital, net debt/ EBITDA, and the exclusion of corporate charges in certain
calculations.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520KeyBanc%2520Conference%2520w%2520nonGAAP.pdf
Slide 1
PolyOne Corporation Page 1
PolyOne Investor Presentation
KeyBanc 2014 Basic Materials & Packaging
Conference
Boston, MA
September 10, 2014
PolyOne Corporation Page 2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
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.
The non-GAAP financial measures
include: adjusted EPS, earnings before interest, tax, depreciation and amortization
(EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty
platform gross margin percentage, adjusted operating income, return on invested
capital, net debt/ EBITDA, and the exclusion of corporate charges in certain
calculations.
https://www.avient.com/investor-center/news/polyone-expands-specialty-color-portfolio-rutland-acquisition
The company said that Rutland will be immediately accretive to earnings and plans to discuss the transaction in more detail on its second quarter earnings call.
https://www.avient.com/news/specialty-polymer-solutions-avient-improved-durability-and-sustainability-healthcare-products-pharmapack-2023
January 31, 2023
PARIS, France – January 31, 2023 – Today, Avient Corporation announced it will be highlighting solutions that can increase the durability of healthcare products and help improve the sustainability of medical devices and pharmaceutical packaging at Pharmapack 2023.
https://www.avient.com/news/polyone-hires-john-midea-senior-vice-president-global-operations-and-process-improvement
Midea is a graduate of the United States Naval Academy in Annapolis, Maryland, earning a Bachelor of Science degree in marine engineering, and he spent six years in the U.S.
Midea also earned an MBA from Northwestern University in Evanston, Illinois.
https://www.avient.com/sites/default/files/2020-10/avient-security-policy-august-2020.pdf
It is the responsibility of each person at Avient, including contractors,
suppliers, and visitors, to follow all security procedures, to remain aware
of and report all possible security threats, to remain committed to working
in a secure and safe manner, and to be prepared to respond to
emergencies safely and effectively.
Bob Patterson
Chairman, President, and CEO
August 1, 2020
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Two years ago we earned a score of 90/100 on the Corporate Equality Index (CEI).
UK Plastic Pact
In January of 2019, Avient joined The UK Plastics Pact, a collaborative initiative committed to tackling plastic
pollution.
GRI Standards Content Index
Sustainability Report | 2019 94
GRI Standards Content Index
Reporting Practice
102–50 Reporting period January 1, 2019 through December 31, 2019
102–51 Date of most recent report This is Avient's 2nd sustainability report; the first was published under the name
PolyOne in 2019.
102–52 Reporting cycle At minimum, biennial
102–53 Contact point for questions regarding the report https://www.avient.com/contact-us-now
102–54 Claims of reporting in accordance with the GRI standards This report has been prepared in accordance with the GRI Standards: Core Option.
https://www.avient.com/sites/default/files/2020-10/avient-conflict-minerals-policy-10.2020.pdf
reporting
companies
that
manufacture
products
(or
have
others
manufacture
products)
that
contain
3TG
metals
or
their
derivatives
(tantalum,
tin,
tungsten
and
gold)
that
are
necessary
to
product
functionality
or
production
are
required
to
assess
their
supply
chains
and
report
to
the
SEC
on
whether
those
materials
are
sourced
from
the
Democratic
Republic
of
Congo
and
adjoining
countries.
We
expect
our
global
supply
chain
partners
to
do
the
same,
whether
or
not
they
are
subject
to
the
reporting
requirements
of
the
Act.
Avient
is
equally
committed
to
complying
with
the
reporting
obligations
under
Section
1502
of
the
Act
and
the
related
rule
issued
by
the
SEC.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Recast%2520Financial%2520Information%2520-%2520ASU%25202017-07%2520-%2520Pension%2520and%2520Postretirement%2520Costs.pdf
The new accounting standard is effective January 1, 2018 and
requires all components of annual periodic pension and postretirement
costs, other than service costs, to be presented below Operating Income.
Description
POLYONE CORPORATION 3
2013 to 2017 Recast GAAP Financial Information for the
Adoption of ASU 2017-07
Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD
Operating Income - As Previously Reported 56.3$ 73.1$ 55.5$ 58.1$ 243.0$ 56.0$ 49.3$ 57.9$ (12.6)$ 150.6$ 70.3$ 78.7$ 74.3$ 34.3$ 257.6$
Interest Cost 6.1 6.1 6.1 6.2 24.5 6.4 6.4 6.4 6.4 25.6 5.5 5.5 5.5 5.4 21.9
Expected Return on Plan Assets (9.3) (9.3) (9.3) (9.5) (37.4) (8.1) (8.1) (8.0) (8.0) (32.2) (8.2) (8.2) (8.2) (8.1) (32.7)
Mark to Market Adjustment - - - (44.0) (44.0) - - - 56.5 56.5 - - - 11.6 11.6
Operating Income - Recasted for ASU 2017-07 53.1$ 69.9$ 52.3$ 10.8$ 186.1$ 54.3$ 47.6$ 56.3$ 42.3$ 200.5$ 67.6$ 76.0$ 71.6$ 43.2$ 258.4$
Other Income (Expense), net - As Previously Reported 1.5$ (1.3)$ (1.5)$ -$ (1.3)$ (0.7)$ (0.4)$ (1.6)$ (1.4)$ (4.1)$ (0.6)$ (1.2)$ (1.7)$ 0.3$ (3.2)$
Interest Cost (6.1) (6.1) (6.1) (6.2) (24.5) (6.4) (6.4) (6.4) (6.4) (25.6) (5.5) (5.5) (5.5) (5.4) (21.9)
Expected Return on Plan Assets 9.3 9.3 9.3 9.5 37.4 8.1 8.1 8.0 8.0 32.2 8.2 8.2 8.2 8.1 32.7
Mark to Market Adjustment - - - 44.0 44.0 - - - (56.5) (56.5) - - - (11.6) (11.6)
Other Income (Expense), net - Recasted for ASU 2017-07 4.7$ 1.9$ 1.7$ 47.3$ 55.6$ 1.0$ 1.3$ -$ (56.3)$ (54.0)$ 2.1$ 1.5$ 1.0$ (8.6)$ (4.0)$
Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD
Operating Income - As Previously Reported 70.4$ 81.8$ 72.0$ 62.1$ 286.3$ 84.0$ 80.0$ 67.7$ 45.8$ 277.5$
Interest Cost 5.3 5.3 5.3 5.3 21.2 4.9 4.9 4.9 5.0 19.7
Expected Return on Plan Assets (7.9) (7.9) (7.8) (7.8) (31.4) (6.9) (6.9) (6.9) (7.0) (27.7)
Mark to Market Adjustment - - - (8.4) (8.4) - - - 3.3 3.3
Operating Income - Recasted for ASU 2017-07 67.8$ 79.2$ 69.5$ 51.2$ 267.7$ 82.0$ 78.0$ 65.7$ 47.1$ 272.8$
Other Income (Expense), net - As Previously Reported -$ 0.1$ (0.1)$ 0.4$ 0.4$ (1.1)$ (1.4)$ (0.7)$ (0.9)$ (4.1)$
Interest Cost (5.3) (5.3) (5.3) (5.3) (21.2) (4.9) (4.9) (4.9) (5.0) (19.7)
Expected Return on Plan Assets 7.9 7.9 7.8 7.8 31.4 6.9 6.9 6.9 7.0 27.7
Mark to Market Adjustment - - - 8.4 8.4 - - - (3.3) (3.3)
Other Income (Expense), net - Recasted for ASU 2017-07 2.6$ 2.7$ 2.4$ 11.3$ 19.0$ 0.9$ 0.6$ 1.3$ (2.2)$ 0.6$
2013 2014 2015
2016 2017
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520BOAML%2520Basic%2520Materials%2520Conference%2520w%2520non-GAAP%252012%252011%25202014.pdf
Slide 1
PolyOne Corporation Page 1
PolyOne Investor Presentation
Bank of America Merrill Lynch
2014 US Basic Materials Conference
Boston, MA
December 11, 2014
PolyOne Corporation Page 2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
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.
The non-GAAP financial measures
include: adjusted EPS, earnings before interest, tax, depreciation and amortization
(EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty
platform gross margin percentage, adjusted operating income, return on invested
capital, net debt/ EBITDA, and the exclusion of corporate charges in certain
calculations.