https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
WHAT WE DO: WE ARE A FORMULATOR CUSTOM FORMULATION 6 N OVE MBE R 2 , 2023 W E BCAS T P RE S E N TAT I O N Complementary technologies and customer relationships offer opportunity to advance commercial strategy Dyneema®, the world’s strongest fiber™, to accelerate growth of sustainable, ultralight and high performance applications AVIENT PROTECTIVE MATERIALS FIRST YEAR 8 Composites comprises over half of Specialty Engineered Materials, compared to 9% in 2016 Proven history of success in areas such as outdoor high performance, defense and sustainable solutions Composites 44% 56% 2023E Sales Collaboration & InnovationComposites as a % of SEM People & Culture Talented, passionate, and creative associates drive continued integration success and allow two cultures to come together as one Avient Lightweight Protective Laminates: PROJECTILE PROTECTION Dyneema® Fiber Solutions Cushioning + Fit + Comfort: LONG-TERM WEAR reSound™ Versaflex™ Thermoplastic Elastomers Strength + Durability + Light-Weighting: SOLID MOUNTING BRACKETS Nymax™ Bergamid™ Complēt™ Engineered Materials Durability + Lubricity: HELMET LATCHES Lubri-One™ Internally Lubricated Polymers Color Consistency and Weatherability CUSTOMIZED SPECIFICATIONS Avient Color and Additive Solutions Antennae Performance FAST, RELIABLE CONNECTIONS PREPERM™ Low-Loss Dielectric Thermoplastics AVIENT PROTECTIVE MATERIALS CROSS SELLING OPPORTUNITIES Wired Connections CONSTANT COMMUNICATION Syncure™ Cross-linkable Wire & Cable Formulations9 10 AVIENT PROTECTIVE MATERIALS CROSS SELLING OPPORTUNITIES 10 Q 3 P E RFO RMAN CE 15.4% 16.3% 2022 PF 2023 Results vs.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Morgan%2520Stanley%2520Global%2520Chemicals%2520and%2520Agriculture%2520Conference%2520-%252011%253A15%253A2016.pdf
A reconciliation of each non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.polyone.com. 4 POLYONE CORPORATION About PolyOne Reach 7,000 associates | 77 facilities | $3.4 B 2015 revenue Global Presence 10,000 global customers | Americas, Europe, Africa, Asia | Global sales, technical and manufacturing footprint Solutions 35,000+ polymer solutions | 12 innovation centers | Support for design through manufacturing 5 POLYONE CORPORATION What We Do Value Formulation Expertise Inputs Base resins Additives Modifiers Pigments Expertise in Polymer Materials, Services and Solutions OEMs Brand Owners Processers Assemblers Driving customer value with specialty products & services Service InVisiOSM Color Services IQ Design Labs LSS Customer First POLYONE CORPORATION 6 CAI 23% SEM 15% DSS 13% POD 29% PPS 20% 2015 Revenue: $3.4 Billion At a Glance United States 66% Europe 13% Canada 7% Asia 7% Latin America 7% $0.12 $0.27 $0.21 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2015 Revenue: $3.4 Billion 2015 Operating Income: $322 Million CAI 38% SEM 23% DSS 4% POD 19% PPS 16% Adjusted Earnings Per Share 7 POLYONE CORPORATION Old PolyOne *Operating Income excludes corporate charges and special items 2% 43% 65% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2020 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 80%+ Specialty OI $5M $87M $229M Transformation 2020 Platinum Vision Platinum Vision Mix Shift Highlights Specialty Transformation POLYONE CORPORATION 8 -$0.10 $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 $0.70 2009 2010 2011 2012 2013 2014 2015 2016 Adjusted Earnings Per Share $0.56 3Q -2% 0% 2% 4% 6% 8% 10% 12% 2009 2010 2011 2012 2013 2014 2015 2016 Adjusted Consolidated Operating Margin 2.8% 5.2% 5.6% 6.7% 8.3% 6.9% 9.5% 9.9% 3Q 28 Consecutive Quarters of EPS Growth 9 POLYONE CORPORATION 2006 2016 YTD 2020 “Where we were” “Where we are” Platinum Vision 1) Operating Income % of Sales Specialty: Color, Additives & Inks 1.7% 17.0% 20%+ Specialty Engineered Materials 1.1% 15.2% 20%+ Designed Structures & Solutions N/A 0.6% (TTM) 8 – 10% Performance Products & Solutions 5.5% 11.6% 12 – 14% Distribution 2.6% 6.6% 6.5 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 60% 80%+ 3) ROIC* 5.0% 11.6% 15% 4) Adjusted EPS Growth N/A 11.5% Double Digit Expansion Proof of Performance & 2020 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period POLYONE CORPORATION 10 2,883 2,414 2006 2015 Volume (lbs in millions) -16% $103 $192 2006 2015 Commercial, R&D and Marketing Spending ($M) +86% $88 $322 2006 2015 Adjusted Operating Profit ($M) +266% Ours is Not a Cost Cutting Story 11 POLYONE CORPORATION Innovation Drives Earnings Growth *Specialty Platform revenue from products introduced in last five years $20 $53 2006 2015 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14% 34% 2006 2015 CAI & SEM Gross Margin 12% 43% 2006 2015 Target ≥ 35% Innovation Pipeline Potential 12 POLYONE CORPORATION Globalization Specialization Commercial Excellence Operational Excellence Growth in urbanization Changing demographics Climate and resource challenges Increase of individual power Evolution and expansion of healthcare Strategic Growth Opportunities Four Pillar Strategy Global Megatrends Attractive Revenue & Margin Growth Opportunities 13 POLYONE CORPORATION Primary Industries Served 2015 Revenue: $3.4 Billion Electrical & Electronic 5% Building & Construction 12% Appliance 4% Industrial 14% Wire & Cable 9% Healthcare 11% Consumer 10% Packaging 13% Transportation 20% Focus End Markets 14 POLYONE CORPORATION Therma-Tech™ & Sheet GEON™ Vinyl Polymer Colorants Therma-Tech™ TPE’s & Film TPE + OnForce™ Gravi-Tech™ Page 14 Film Target End Markets… Healthcare 15 POLYONE CORPORATION Sound & Vibration Management Fuel Handling Systems Interior & Exterior Trim Structural Braces & Brackets Interior Structural Components Lighting Air management Electronics & Cameras Fluid Handling Target End Markets… Automotive Underhood Components Roof Systems 16 POLYONE CORPORATION PreservaPak™ OnColor™ Smart Batch™ VersaFlex™ TPE Cap Liner ColorMatrix™ Amosorb™ Oxygen Scavenger ColorMatrix™ Ultimate™ UV Light Barrier OnCap™ Laser Marking Additives Target End Markets… Packaging 17 POLYONE CORPORATION Source: Outdoor Industry Association TPE Vibration Dampening (SEM/GLS) TPE + OnForce (SEM) OnForce (SEM) Advanced Composites (SEM) TPE Vibration Dampening (SEM/GLS) Target End Markets… Outdoor High Performance Thermoplastic Elastomers (SEM) Advanced Composites (SEM) Polymer Colorants (CAI) Sheet (DSS) TPE & Film (SEM + DSS) Advanced Composites (SEM) Polymer Colorants (CAI) Thermatech (SEM) Thermoplastic Elastomers (SEM) TPE + OnForce (SEM) OnForce (SEM) 18 POLYONE CORPORATION Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return Expanding our sales, marketing, and technical capabilities Investing in operational and LSS initiatives ~75% of capital expenditures fund growth initiatives Organic Growth Acquisitions Share Repurchases Dividends Targets that expand our: • Specialty offerings • End market presence • Geographic breadth Synergy opportunities Adjacent material solutions Repurchased 318,000 shares in Q3 2016 Repurchased 17.6 million shares since early 2013 9.7 million shares are available for repurchase under the current authorization Increased annual dividend by 12.5% to $0.54 per share, representing the sixth consecutive year of dividend growth 19 POLYONE CORPORATION Returning Cash to Shareholders $0.16 $0.20 $0.24 $0.32 $0.40 $0.48 $0.54 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 2011 2012 2013 2014 2015 2016 2017 Annual Dividend Since 2011, we have returned nearly $800 million to shareholders $130 million returned through dividends $650 million returned through share repurchases $650M $0 $150 $300 $450 $600 $750 2011 2012 2013 2014 2015 Q3'16 Cumulative Share Repurchases (in millions) POLYONE CORPORATION 20 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Versaflex™ HC Thermoplastic Elastomers are formulated to meet demanding healthcare device and application challenges without phthalate plasticizers.
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices Sustainability Report | 2019 44 https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-lead-replacement-formulations https://www.avient.com/products/polymer-additives/performance-enhancement-additives/withstand-antimicrobial-additives https://www.avient.com/products/vivo-formulations-healthcare/neu-custom-capabilities Automotive/Transportation Demanding transportation requirements are evolving quickly to meet energy efficiency standards.
Versaflex™ PF Tack Layer for Surface Protective Films lower VOC emissions during manufacturing and eliminate secondary coating and drying operations.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
Versaflex™ HC Thermoplastic Elastomers are formulated to meet demanding healthcare device and application challenges without phthalate plasticizers.
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices Sustainability Report | 2019 44 https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-lead-replacement-formulations https://www.avient.com/products/polymer-additives/performance-enhancement-additives/withstand-antimicrobial-additives https://www.avient.com/products/vivo-formulations-healthcare/neu-custom-capabilities Automotive/Transportation Demanding transportation requirements are evolving quickly to meet energy efficiency standards.
Versaflex™ PF Tack Layer for Surface Protective Films lower VOC emissions during manufacturing and eliminate secondary coating and drying operations.
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
Versaflex™ HC Thermoplastic Elastomers are formulated to meet demanding healthcare device and application challenges without phthalate plasticizers.
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Metrics | IndexHOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2021 46 https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-lead-replacement-formulations https://www.avient.com/products/polymer-additives/performance-enhancement-additives/withstand-antimicrobial-additives https://www.avient.com/products/vivo-formulations-healthcare/neu-custom-capabilities https://www.avient.com/mevopur-protect-oxygen-scavenger-avient-extends-shelf-life-pet-pharma-packaging *Formulations are > 20% recycled content Automotive/Transportation Demanding transportation requirements are evolving quickly to meet energy efficiency standards.
Versaflex™ PF Tack Layer for Surface Protective Films lower VOC emissions during manufacturing and eliminate secondary coating and drying operations.
https://www.avient.com/sites/default/files/2024-08/Avient 2023 Sustainability Report_6.pdf
HIGHLIGHTS from 2023: Key Markets Key Customer Challenges • Preserving key natural resources • Increasing healthcare regulations • Enabling connectivity & alternative energy • Increasing regulatory compliance Avient Solutions & Services • Specialty formulations, colorants and additives to meet medical device regulations • Specialty optical fibers for telecommunications • Advanced composite and fiber solutions for alternative energy infrastructure • Regulatory compliance expertise PRESERVE SUPPORTS SUSTAINABLE INFRASTRUCTURE Infrastructure Retrofit for Hydrogen Power Fiber-Line™ Engineered Fibers LEARN MORE Healthcare Energy Consumer NON-PTFE FORMULATIONS Non-Fluorinated Polymers LubriOne™ Internally Lubricated Formulations LEARN MORE UP TO 100% BIO-BASED CARRIER Medical Devices Mevopur™ Bio-Based Polymer Solutions LEARN MORE 75% Spin Dyed Textile Yarn Renol™ Spin Dying Colorants LEARN MORE LESS WATER UP TO 40% BIO-DERIVED Pharmaceutical Tubing Versaflex™ HC BIO BT218 TPE LEARN MORE ENABLE ALTERNATIVE ENERGY SOURCES Photovoltaic Wire & Cable ECCOH™ XL 8148 Cross-Linkable Solutions LEARN MORE LEARN MORE Avient Sustainability HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 44Sustainability Report | 2023 44 https://www.avient.com/news/avient-showcase-world-s-strongest-fiber-and-high-performance-engineered-fibers-techtextil-2024 https://www.avient.com/sites/default/files/2024-04/LubriOne%20Internally%20Lubricated%20Formulations%20PTFE%20Free%20Series%20Product%20Bulletin.pdf https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-bio-based-polymer-solutions https://www.avient.com/products/polymer-colorants/fiber-colorants/renol-fiber-colorants https://www.avient.com/sites/default/files/2023-07/Versaflex%20HC%20_%20Versaflex%20HC%20BIO%20-%20BT%20Series%20Product%20Overview.pdf https://www.avient.com/idea/understanding-needs-and-challenges-photovoltaic-cable https://www.avient.com/company/sustainability/sustainable-solutions-portfolio Product Stewardship Management Approach Protecting associates, customers and the environment by providing safe products is a priority for Avient.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_5.pdf
HIGHLIGHTS from 2023: Key Markets Key Customer Challenges • Preserving key natural resources • Increasing healthcare regulations • Enabling connectivity & alternative energy • Increasing regulatory compliance Avient Solutions & Services • Specialty formulations, colorants and additives to meet medical device regulations • Specialty optical fibers for telecommunications • Advanced composite and fiber solutions for alternative energy infrastructure • Regulatory compliance expertise PRESERVE SUPPORTS SUSTAINABLE INFRASTRUCTURE Infrastructure Retrofit for Hydrogen Power Fiber-Line™ Engineered Fibers LEARN MORE Healthcare Energy Consumer NON-PTFE FORMULATIONS Non-Fluorinated Polymers LubriOne™ Internally Lubricated Formulations LEARN MORE UP TO 100% BIO-BASED CARRIER Medical Devices Mevopur™ Bio-Based Polymer Solutions LEARN MORE 75% Spin Dyed Textile Yarn Renol™ Spin Dying Colorants LEARN MORE LESS WATER UP TO 40% BIO-DERIVED Pharmaceutical Tubing Versaflex™ HC BIO BT218 TPE LEARN MORE ENABLE ALTERNATIVE ENERGY SOURCES Photovoltaic Wire & Cable ECCOH™ XL 8148 Cross-Linkable Solutions LEARN MORE LEARN MORE Avient Sustainability HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 44Sustainability Report | 2023 44 https://www.avient.com/news/avient-showcase-world-s-strongest-fiber-and-high-performance-engineered-fibers-techtextil-2024 https://www.avient.com/sites/default/files/2024-04/LubriOne%20Internally%20Lubricated%20Formulations%20PTFE%20Free%20Series%20Product%20Bulletin.pdf https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-bio-based-polymer-solutions https://www.avient.com/products/polymer-colorants/fiber-colorants/renol-fiber-colorants https://www.avient.com/sites/default/files/2023-07/Versaflex%20HC%20_%20Versaflex%20HC%20BIO%20-%20BT%20Series%20Product%20Overview.pdf https://www.avient.com/idea/understanding-needs-and-challenges-photovoltaic-cable https://www.avient.com/company/sustainability/sustainable-solutions-portfolio Product Stewardship Management Approach Protecting associates, customers and the environment by providing safe products is a priority for Avient.
https://www.avient.com/sites/default/files/2025-07/Avient 2024 Sustainability Report_6.pdf
LEARN MORE Versaflex™ Healthcare (HC) TPEs for Biopharmaceutical Tubing Developed for use in photovoltaic cable applications.
LEARN MORE ECCOH™ XL Cross-Linkable Solutions Sustainability Report | 2024 20Contents | About Avient | Message from the CEO | Sustainability at Avient | Enabling a Sustainable World | Preserving the Planet | Culture of Safety & Sustainability | Governance | Appendix https://www.avient.com/company/sustainability/sustainable-solutions-portfolio https://www.avient.com/company/sustainability/sustainable-solutions-portfolio https://www.avient.com/company/sustainability/sustainable-solutions-portfolio https://www.avient.com/company/sustainability/sustainable-solutions-portfolio https://www.avient.com/sites/default/files/2023-05/SG%20Liner%20for%20Pipe%20Replacement%20-%20Case%20Study.pdf https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-xl-cross-linkable-solutions https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-bio-based-polymer-solutions At Avient, our culture of safety—including our product portfolio—is a foundational strength that drives everything we do.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
HIGHLIGHTS from 2023: Key Markets Key Customer Challenges • Preserving key natural resources • Increasing healthcare regulations • Enabling connectivity & alternative energy • Increasing regulatory compliance Avient Solutions & Services • Specialty formulations, colorants and additives to meet medical device regulations • Specialty optical fibers for telecommunications • Advanced composite and fiber solutions for alternative energy infrastructure • Regulatory compliance expertise PRESERVE SUPPORTS SUSTAINABLE INFRASTRUCTURE Infrastructure Retrofit for Hydrogen Power Fiber-Line™ Engineered Fibers LEARN MORE Healthcare Energy Consumer NON-PTFE FORMULATIONS Non-Fluorinated Polymers LubriOne™ Internally Lubricated Formulations LEARN MORE UP TO 100% BIO-BASED CARRIER Medical Devices Mevopur™ Bio-Based Polymer Solutions LEARN MORE 75% Spin Dyed Textile Yarn Renol™ Spin Dying Colorants LEARN MORE LESS WATER UP TO 40% BIO-DERIVED Pharmaceutical Tubing Versaflex™ HC BIO BT218 TPE LEARN MORE ENABLE ALTERNATIVE ENERGY SOURCES Photovoltaic Wire & Cable ECCOH™ XL 8148 Cross-Linkable Solutions LEARN MORE LEARN MORE Avient Sustainability HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 44Sustainability Report | 2023 44 https://www.avient.com/news/avient-showcase-world-s-strongest-fiber-and-high-performance-engineered-fibers-techtextil-2024 https://www.avient.com/sites/default/files/2024-04/LubriOne%20Internally%20Lubricated%20Formulations%20PTFE%20Free%20Series%20Product%20Bulletin.pdf https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-bio-based-polymer-solutions https://www.avient.com/products/polymer-colorants/fiber-colorants/renol-fiber-colorants https://www.avient.com/sites/default/files/2023-07/Versaflex%20HC%20_%20Versaflex%20HC%20BIO%20-%20BT%20Series%20Product%20Overview.pdf https://www.avient.com/idea/understanding-needs-and-challenges-photovoltaic-cable https://www.avient.com/company/sustainability/sustainable-solutions-portfolio Product Stewardship Management Approach Protecting associates, customers and the environment by providing safe products is a priority for Avient.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
NEW at Avient In 2022, we launched new products and expanded applications for the healthcare market that continue to evolve our portfolio to include more sustainable options, including: Mevopur™ Healthcare Bio-Based Polymer Solutions are color and performance-enhancing additive solutions formulated with bio-based polymers for healthcare applications Mevopur™ Nucleation Additive Concentrates help produce thinner walls in polyolefin applications while maintaining mechanical properties and reduce Moisture Vapor Transmission Rate (MVTR) in HDPE Mevopur™ Chemical Foaming Agents (CFA) enable reduced material use, while meeting regulatory requirements for medical devices and pharmaceutical packaging REMAFIN™ EP White Colorants for Pharmaceutical Packaging designed for a range of pharmaceuticals, safeguarding light transmission while meeting regulatory requirements Trilliant™ HC Glass Filled Polyketone offers a lower carbon footprint alternative to nylon with excellent chemical resistance, high temperature performance, and good wear resistance Versaflex™ HC Thermoplastic Elastomers are formulated to meet demanding healthcare device and application challenges without phthalate plasticizers, including respiratory applications Application Highlight: Biopharmaceutical Manufacturing Clamps The Challenge Develop an alternative to traditional nylon materials that meets dimensional stability, impact and wear resistance requirements, while enabling the customer to address consistency of supply and sustainability objectives.
LEARN MORE Visit Our Sustainability Site for More Information LEARN MORE HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2022 46 https://www.avient.com/industries/healthcare https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-bio-based-polymer-solutions https://www.avient.com/products/polymer-additives/healthcare-additives/mevopur-healthcare-functional-additives https://www.avient.com/products/polymer-additives/healthcare-additives/mevopur-healthcare-functional-additives https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/remafin-ep-white-colorants https://www.avient.com/sites/default/files/2023-01/Trilliant%20HC%20GF%20Polyketone%20_PK_%20Product%20Bulletin.pdf https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers https://www.avient.com/sites/default/files/2023-03/Trilliant%20HC%20glass-filled%20PK%20-%20Biopharma%20Tubing%20Clamps.pdf https://www.avient.com/company/sustainability/sustainability-report/products/markets Transportation Market Needs: Improve Efficiency, Extend Range, Enable Circularity As the demand for low- and zero-emission, energy-efficient transportation continues to grow across all vehicle types, transportation requirements are evolving quickly.