https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
• PolyOne’s chief operating decision makers use these financial measures to
monitor and evaluate the ongoing performance of the Company and each
business segment and to allocate resources.
Senior management uses adjusted operating income, adjusted
EPS, and working capital to assess performance and allocate resources because senior management believes
that these measures are useful in understanding current profitability levels and that current levels may serve as
a base for future performance.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Co%2520Specialty%2520Chemicals%2520Conference.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.
The New PolyOne: A Specialty Growth Company
Segment Highlights
16POLYONE CORPORATION
1.7%
4.6% 5.1% 5.5%
7.2% 8.1%
9.7%
12.2%
14.7%
16.7%
16.0%
2017 Revenue: $0.9 Billion
United
46%
31%
Asia 15%
Latin
South
(27%)
(14%)
(10%)
Textiles
(12%)
(8%)
15.5%
Color, Additives & Inks
17POLYONE CORPORATION
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6% 9.3%
12.1%
14.7%
United
48%
28%
22%
(20%)
(19%)
Electrical & Electronics
(15%)
(13%)
(11%)
12.5%
2017 Revenue: $0.6 Billion Operating Income % of Sales
14.3%
Specialty Engineered Materials
18POLYONE CORPORATION
5.5%
6.9%
3.8%
3.6%
5.5%
4.3%
6.3%
7.2% 7.7%
8.3%
12-14%
10.7%
11.1%
United
77%
16% Latin
5%
Building & Construction
(30%)
(16%)
(15%)
(18%)
2017 Revenue: $0.7 Billion Operating Income % of Sales
Performance Products & Solutions
19POLYONE CORPORATION
23%
22%
18%
15% Appliance
7%
E & E
6%
B & C
3%
W & C
38%
ROIC*
2.6% 3.0% 3.5%
4.6%
5.6%
6.4% 5.9% 6.1%
6.6% 6.5 - 7.5%6.3%
*After-Tax ROIC
6.4%
2017 Revenue: $1.2 Billion Key Suppliers
4.0%
Distribution
http://www.polyone.com/Pages/VariationRoot.aspx
http://www.polyone.com/Pages/VariationRoot.aspx
Target End Markets &
Application Examples
21POLYONE CORPORATION
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
22POLYONE CORPORATION
Under-hood Components
Target End Markets… Automotive
Interior Structural Components
Sound & Vibration Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
23POLYONE CORPORATION
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
24POLYONE CORPORATION
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified Technologies
Target End Markets… Packaging
25POLYONE CORPORATION
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and prestige
perceptions among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
26POLYONE CORPORATION
Optimize Color Usage
OnColorTM Super Concentrates
Eliminate costs by increasing
pigment density
Enhance color performance
without altering form and
formulation
Increasing design capabilities
by reducing weight and layer
thickness
27POLYONE CORPORATION
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile concentrate
with the ability to be
incorporated into a wide
variety of products
28POLYONE CORPORATION
Medical Device Housings
Chemically Resistant Engineered Polymers
Durable, long-lasting products
stand up to the most
aggressive disinfectants
Minimize environmental
stress cracking and
discoloration
One of the broadest medically
approved polymer and
colorant portfolios
29POLYONE CORPORATION
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
30POLYONE CORPORATION
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports
& leisure industry
Well positioned across all
segments to address market
needs
Metal to Polymer
Conversion
Lightweighting
Thermal Management
Impact Performance
31POLYONE CORPORATION
ColorMatrix Fiber Colorant
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and
its associated wastewater
treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
32POLYONE CORPORATION
Smart Home Devices
ResilienceTM Vinyl Solutions
High flame retardancy to meet
strict UL standards
Greater processing and design
flexibility
Specialized additives provide
long term color stability
Diffusive lens materials improve
light dispersion
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne common shareholders, adjusted earnings per share (EPS)
attributable to PolyOne common shareholders and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) to assess performance and allocate resources
because senior management believes that these measures are useful in understanding current profitability levels and that current levels may serve as a base for future performance.
https://www.avient.com/sites/default/files/resources/POL%2520BofA%2520Basic%2520Materials%2520IR%2520Presentation%2520w%2520non-GAAP%252012%252011%25202013.pdf
PolyOne’s chief operating decision makers use these financial measures to
monitor and evaluate the ongoing performance of the Company and each
business segment and to allocate resources.
Senior management uses adjusted operating income, adjusted EPS, and working
capital to assess performance and allocate resources because senior management believes that these measures are useful in
understanding current profitability levels and that current levels may serve as a base for future performance.
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
P1PC-011AquamixFactSheet2.indd
Aquamix™ Dispersions & Emulsions
Using 40 years of customization and technical expertise, Aquamix dispersions and emulsions
from PolyOne® Chemists help latex formulators, adhesive manufacturers, specialty coatings
producers, and polymer manufacturers shorten development cycles, streamline operations, and
more effectively use resources.
UV Stabilizer Dispersion
Tinuvin® P Aquamix 150 50 UV absorber to prevent UV degradation
Slab Dip Dispersions
Clay Aquamix 186 65
Zinc Stearate Aquamix 394 25
Wax Amide Aquamix 1124 20
Calcium Stearate Aquamix 1172 50
trim: 17.000" x 11.000" bleed: .125" Digital/IAM
Aquamix™ Dispersions & Emulsions
Using 40 years of customization and technical expertise, Aquamix dispersions and emulsions
from PolyOne® Chemists help latex formulators, adhesive manufacturers, specialty coatings
producers, and polymer manufacturers shorten development cycles, streamline operations, and
more effectively use resources.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_CZ2.pdf
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KODEX CHOVÁNÍ | 9
POCTIVOST NA
INTEGRITA PŘI NAŠEM
SPOLEČENSKÁ
Užívání návykových látek
Je na nás všech, abychom podnikli kroky zajišťující prostředí bez
jakéhokoli vlivu alkoholu a nelegálních drog a jiných kontrolovaných látek.
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„Důležité neveřejné informace“ jsou jakékoli informace, které
by uvážlivý člověk považoval za významné při investičním
rozhodnutí, které nebylo veřejně zpřístupněno.
KODEX CHOVÁNÍ | 29
POCTIVOST NA
INTEGRITA PŘI NAŠEM
SPOLEČENSKÁ
https://www.avient.com/sites/default/files/2021-07/avient-human-rights-position-statement-updated-july-2021.pdf
Interní kontakty – zdroje informací pro etiku a dodržování
předpisů
Více informací o Kodexu nebo našich očekáváních vám poskytnou přímo následující zdroje informací:
• Vašemu vedoucímu nebo jakémukoli manažerovi společnosti Avient
• Zástupce personálního oddělení
• Poradce pro profesní etiku
• Jakémukoli členovi právního oddělení
• Osoba s příslušnou odborností (např. z finančního oddělení, oddělení interního auditu, oddělení
zajišťování zdrojů)
Na Horkou linku pro etiku volejte nebo ji využijte v následujících případech:
• Potřebujete radu nebo máte otázku
• Potřebujete informovat o problému nebo obavách
• Informovali jste o problému nebo obavách a nebyli jste spokojení
• Nejste si jistí, na koho se obrátit
• Nemáte dobrý pocit z využití jiného zdroje uvedeného v Kodexu
Horká linka pro etiku je k dispozici globálně ve 20 jazycích 24 hodin denně, 7 dní v týdnu.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_DE2.pdf
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VERHALTENSKODEX | 9
UNSER
EHRLICHKEIT BEI
INTEGRITÄT IN
SOZIALE
VERANTWORTUNG
Drogenmissbrauch
Es liegt an uns allen, Schritte zu unternehmen, um zu gewährleisten,
dass wir in einer Umgebung arbeiten, die frei von den Wirkungen von
Alkohol, Drogen und anderen Betäubungsmitteln ist.
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„Erhebliche nicht-öffentliche Informationen“ sind alle
Informationen, die eine vernünftige Person für eine
Investmententscheidung für wichtig halten würde und die
nicht der Allgemeinheit offengelegt worden sind.
VERHALTENSKODEX | 29
UNSER
EHRLICHKEIT BEI
INTEGRITÄT IN
SOZIALE
VERANTWORTUNG
https://www.avient.com/company/policies-and-governance-0/avients-human-rights-policy
Interne Kontakte—Ethik- und Compliance-Ressourcen
Wenn Sie weitere Informationen über den Kodex oder unsere Erwartungen möchten, wenden Sie sich
direkt an die folgenden Ressourcen:
• Ihrem Vorgesetzten oder einem anderen Avient-Manager
• Ihren Vertreter der Personalabteilung oder die Personalabteilung
• Den Corporate Ethics Officer
• einem beliebigen Mitarbeiter der Rechtsabteilung
• Die Funktion mit dem geeigneten Fachwissen (z.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_INDO2.pdf
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PEDOMAN PERILAKU | 9
PEDOMAN PERILAKU
MENGHORMATI
KEJUJURAN DI TEMPAT
INTEGRITAS DALAM
TANGGUNG JAWAB
Penyalahgunaan Zat Terlarang
Kita semua bertanggung jawab untuk mengambil langkah dalam
memastikan bahwa kita bekerja di lingkungan yang bebas dari segala
efek alkohol serta obat-obatan terlarang dan zat terkontrol lainnya.
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“Informasi penting nonpublik” adalah informasi yang secara
wajar dianggap penting oleh seseorang dalam mengambil
keputusan investasi yang belum diungkapkan ke publik.
PEDOMAN PERILAKU | 29
PEDOMAN PERILAKU
MENGHORMATI SEMUA
KEJUJURAN DI TEMPAT
INTEGRITAS DALAM
TANGGUNG JAWAB
https://www.avient.com/sites/default/files/2021-07/avient-human-rights-position-statement-updated-july-2021.pdf
Kontak Internal—Sumber Daya Etika dan Kepatuhan
Untuk mendapatkan informasi lebih lanjut mengenai Pedoman atau harapan kita, hubungi sumber daya
berikut secara langsung:
• Supervisor Anda atau manajer Avient
• Perwakilan sumber daya manusia Anda atau departemen Sumber Daya Manusia
• Pejabat Etika Perusahaan
• Setiap anggota departemen Hukum
• Fungsi dengan keahlian yang sesuai (misalnya, Keuangan Perusahaan, Audit Internal, Pengadaan)
Hubungi atau gunakan Saluran Langsung Etika jika:
• Anda memerlukan saran atau memiliki pertanyaan
• Anda ingin mengemukakan masalah atau kekhawatiran
• Anda mengemukakan masalah atau kekhawatiran dan tidak merasa puas
• Anda tidak yakin ke mana harus mencari informasi
• Anda merasa tidak nyaman menggunakan salah satu sumber daya lain yang tercantum
dalam Pedoman
Saluran Langsung Etika tersedia secara global dalam 20 bahasa, 24 jam sehari, 7 hari seminggu.
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
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 8,400 associates and is certified ACC Responsible Care®, a
founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3
Specialty Engineered Materials 240.6 158.8 457.1 344.1
Distribution 404.4 238.8 767.1 528.3
Corporate and eliminations (34.2) (15.3) (60.4) (35.1)
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Gross margin:
Color, Additives and Inks $ 193.4 $ 75.7 $ 390.9 $ 165.1
Specialty Engineered Materials 69.6 42.5 134.3 95.1
Distribution 40.1 27.2 79.4 60.8
Corporate and eliminations (14.4) 4.3 (13.5) 0.2
Gross margin $ 288.7 $ 149.7 $ 591.1 $ 321.2
Selling and administrative expense:
Color, Additives and Inks $ 107.1 $ 43.4 $ 215.8 $ 92.3
Specialty Engineered Materials 32.3 25.5 62.8 55.8
Distribution 16.4 12.6 31.7 26.8
Corporate and eliminations 24.8 30.2 52.3 55.5
Selling and administrative expense $ 180.6 $ 111.7 $ 362.6 $ 230.4
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8
Specialty Engineered Materials 37.3 17.0 71.5 39.3
Distribution 23.7 14.6 47.7 34.0
Corporate and eliminations (39.2) (25.9) (65.8) (55.3)
Operating income $ 108.1 $ 38.0 $ 228.5 $ 90.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4
Specialty Engineered Materials 45.4 24.6 87.4 54.4
Distribution 23.9 14.7 48.1 34.2
Corporate and eliminations (39.0) (23.3) (63.8) (51.4)
Other income, net 1.2 9.5 $ 2.7 $ 11.1
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7
12
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and 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/2023-11/AVNT November IR Presentation.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.
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/2023-02/AVNT Q4 2022 Earnings Presentation.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.
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.