https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Management believes this provides comparability of the performance of the combined businesses.
It’s in this spirit that we joined legacy PolyOne and the Clariant Masterbatch business,
two complementary businesses, and formed a new one that we’ve named Avient.
These endeavors are made possible by the joining of our businesses.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Operational%2520Excellence.pdf
Kedrowski
Page 38
Operational Excellence
• Operational Excellence is a never-ending quest
for improvement in response to the voice of our
customers and shareholders
• It is all about strengthening our capabilities to
deliver value flawlessly to our customers deliver value flawlessly to our customers
• It challenges us to enhance our
productivity, profitability, and efficiency
in all phases of our business, from
safety to quality to waste elimination
to environmental stewardship
Page 39
Lean Six Sigma Initiative
• In 2009, Lean Six Sigma was launched to
improve execution skills across all
businesses, functions, and global regions
• A company-wide diagnostic was
conducted, resulting in identification of six conducted, resulting in identification of six
strategic improvement platforms
• Financial targets were estimated,
resources identified and trained
results delivered
,
Page 40
PolyOne OSHA Recordable Incidence Rate
4
5
6
5.1
Safety Performance
*Rubber And Plastics Manufacturing Industry (2010 Bureau of Labor Statistics).
0
1
2
3
2005 2006 2007 2008 2009 2010 2011 Industry
Average
1.4 1.3
1.1 1.1 0.85 0.65
0.57
Page 41
• Exemplary on-time delivery
• Best-in-class working capital
% of sales
81%
87%
88%
95%
93%
92%
94%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery*
Lean Six Sigma Delivering Results
• Approximately $200M in
cash driven by working
capital improvements
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2006 2007 2008 2009 2010 2011
WC % of Sales
2005 2006 2007 2008 2009 2010 2011
*As measured to customer request date
Page 42
40.0%
Percent of Associates
Trained in LSS
World’s Best Start-up
Program in 2009*
World’s Best Business Process
Excellence Program in 2012*
Award-Winning Lean Six Sigma Program
*Both awards received from International Quality and Productivity Center
16.5%
40.0%
2009 2011
Page 43
• Globally leverage strategic supplier
management best practices
• Implement world class demand
management processes
Critical Imperatives
• Improve operational reliability and efficiencies
• Optimize global freight management
Drive 50 – 100 basis points of gross margin expansion per year
Page 44
Page 45
https://www.avient.com/sites/default/files/2021-01/avient-colorants-sweden-ab-certificate-of-registration.pdf
e-Certificate of registration
Swedish Companies Registration Office
LIMITED COMPANY
D1a- 6064988
Registration number
Date of registration of the company
Document created on
Date of registration of current name
Page
556393-1020
1990-04-10
2020-11-30 14:53
2020-11-30
1 (2)
Registration number: 556393-1020
Business name: Avient Colorants Sweden AB
Address:
Box 9053
200 39 MALMÖ
Registered office: Malmö
Note:
The company is registered as a private limited company.
Signatory power by any two jointly of
the board members
Furthermore, the Managing Director, in the course of normal business
activities, is also entitled to sign.
ARTICLES OF ASSOCIATION
Date of the latest change: 2020-11-02
FINANCIAL YEAR
Registered financial year: 0101 - 1231
Latest annual report submitted covers financial
period 20190101-20191231
DATE OF REGISTRATION OF CURRENT AND PREVIOUS BUSINESS NAMES
2020-11-30 Avient Colorants Sweden AB
2016-01-19 Clariant Plastics & Coatings (Nordic) AB
2000-08-23 Clariant Masterbatches Norden Aktiebolag
1990-05-22 Drycolor Aktiebolag
1990-04-10 Nya Drycolor Aktiebolag
**** The above information is an extract from the Trade and Industry
Register Bolagsverket, the Swedish Companies Registration Office ****
Bolagsverket
851 81 Sundsvall
0771-670 670
bolagsverket@bolagsverket.se
www.bolagsverket.se
2020-11-30T14:53:51+0100
Sweden
Bolagsverket
Bolagsverket intygar äktheten och integriteten för detta dokument
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
Patterson added, “We are an asset-light, high-touch business that generates very high free
cash flow conversion.
Pro Forma
The Company acquired the Clariant Masterbatch business (“CMB”) on July 1, 2020 (the
“Acquisition Date”).
Management believes this provides better
comparability of the performance of the combined businesses.
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
It’s in this spirit that we joined legacy PolyOne and the Clariant Color business, two
complementary businesses, and formed a new one that we’ve named Avient.
These endeavors are made possible by the joining of our businesses.
https://www.avient.com/sites/default/files/2024-05/4b - Governance and Corporate Responsibility Committee Charter.Feb_. 2024.v1.1.Final_.pdf
Review the continued appropriateness of Board membership of non-employee directors
who significantly change their principal business or professional responsibility outside of
the Company and submit a conditional letter of resignation to the Board and determine
whether the resignation will be accepted
Evaluate and recommend the processes and practices that the Board shall use to conduct
its business, including (a) the structure, charter and membership of committees of the
Board and (b) committee membership qualifications, appointment and removal.
Committee Meetings and Action
• A majority of the Committee members will be a quorum for the transaction of business
https://www.avient.com/sites/default/files/2025-04/Governance and Corporate Responsibility Charter March 2025 Final and Approved.pdf
Review the continued appropriateness of Board membership of non-employee directors
who significantly change their principal business or professional responsibility outside of
the Company and submit a conditional letter of resignation to the Board and determine
whether the resignation will be accepted.
Evaluate and recommend the processes and practices that the Board shall use to conduct
its business, including (a) the structure, charter and membership of committees of the
Board and (b) committee membership qualifications, appointment and removal.
Committee Meetings and Action
A majority of the Committee members will be a quorum for the transaction of business.
https://www.avient.com/sites/default/files/2024-10/Mike Irwin Bio - 2024.pdf
IRWIN
Senior Vice President, New Business Development & Marketing Excellence
Mike Irwin is Senior Vice President, New Business Development & Marketing Excellence
for Avient Corporation, the world’s premier provider of specialized and sustainable
material solutions and services.
From 2019-2024 he served as Global Vice
President for the $1.2B Abrasive Systems Division of 3M’s Safety and Industrial business
group.
Carey School of Business.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Michael Irwin.pdf
IRWIN
Senior Vice President, New Business Development & Marketing Excellence
Mike Irwin is Senior Vice President, New Business Development & Marketing Excellence
at Avient Corporation, an innovator of materials solutions that help customers succeed
while enabling a sustainable world.
From 2019–2024 he served as Global Vice President for
the $1.2B Abrasive Systems Division of 3M’s Safety and Industrial business group.
Carey School of Business.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.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.
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
Management believes this provides comparability of the performance of the combined businesses.