https://www.avient.com/sites/default/files/2025-03/380605_AVIENT_2024AR_full_250325.pdf
In doing so, both of our segments, Color, Additives & Inks and Specialty Engineered Materials, contributed to our strong performance with increases in revenue while expanding margins.
Senior Vice President, Global Operations and Process Improvement Woon Keat Moh Senior Vice President, and President of Color, Additives and Inks Christopher L.
https://www.avient.com/sites/default/files/2025-03/65536-Certificate-05MAR2024.pdf
Francisco Nakasato, Bairro São Roque das Chaves 1700 Itupeva SP 13295-000 Brazil Avient Belgium SA Design and manufacture of color and additive concentrates, thermoplastic resins and specialty compounds Rue Melville Wilson 2, B-5330 Assesse, Belgium Magna Colours Limited The design, manufacture and distribution of specialty colouration products and chemical auxiliaries for us in the textile, dying, printing and finishing industries.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
Color, Additives and Inks (CAI) Acquired CAI Facilities from Clariant Masterbatch Distribution Specialty Engineered Materials 1.
ECCOH™ Low Smoke and Fume Non-Halogen Formulations Zodiac™ Aquarius™ Water Based Screen Printing Inks MagIQ™ Non-Woven Electret Plus Technology Example Products and Sustainable Outcomes HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices Sustainability Report | 2019 41 https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/edgetek-ld https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/complēt-long-fiber-reinforced-structural-thermoplastics https://www.avient.com/products/polymer-additives/oxygen-scavengers/colormatrix-amosorb-low-haze https://www.avient.com/products/polymer-additives/processing-enhancement-additives/oncap-multi-purge-additives https://www.avient.com/products/polymer-additives/processing-enhancement-additives/oncap-ctr https://www.avient.com/products/polymer-additives/reheat-additives-pet/colormatrix-joule-reheat-additive-pet https://www.avient.com/products/thermoplastic-elastomers/onflex-thermoplastic-elastomers https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-fx-special-effect https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-ir-sortable-black-recyclable-packaging https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/nymax-pir-and-resound-r-nd-recycled-nylon-formulations https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-naturals-colorants https://www.avient.com/products/thermoplastic-elastomers/resound-om-thermoplastic-elastomers https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations https://www.avient.com/products/screen-printing-inks/zodiac-aquarius/aquarius-soft-base-ink https://www.avient.com/products/fiber-solutions/magiq-fiber-additives/magiq-non-woven-electret-plus Enabling A Circular Economy Circular Economy Highlighted Solutions: ColorMatrix™ Amosorb™ Oxygen Scavenger for PET Creates an active barrier against oxygen ingress to help enhance product protection and extend shelf life.
Environmental data covers all sites owned or operated by Avient in the reporting period. 102–47 List of material topics About Avient People Products Planet Performance Avient 2019 Annual Report—Form 10-K 102–48 Restatements of information Products—excludes all Performance Products and Solutions segment; adjusted information based on more detailed portfolio analysis, such as deleting smartbatch sales and including sustainable inks; added new application areas that were not included in previous report such as applications for sustainable healthcare and minimizing food waste.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Color, Additives and Inks (CAI) Acquired CAI Facilities from Clariant Masterbatch Distribution Specialty Engineered Materials 1.
ECCOH™ Low Smoke and Fume Non-Halogen Formulations Zodiac™ Aquarius™ Water Based Screen Printing Inks MagIQ™ Non-Woven Electret Plus Technology Example Products and Sustainable Outcomes HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices Sustainability Report | 2019 41 https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/edgetek-ld https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/complēt-long-fiber-reinforced-structural-thermoplastics https://www.avient.com/products/polymer-additives/oxygen-scavengers/colormatrix-amosorb-low-haze https://www.avient.com/products/polymer-additives/processing-enhancement-additives/oncap-multi-purge-additives https://www.avient.com/products/polymer-additives/processing-enhancement-additives/oncap-ctr https://www.avient.com/products/polymer-additives/reheat-additives-pet/colormatrix-joule-reheat-additive-pet https://www.avient.com/products/thermoplastic-elastomers/onflex-thermoplastic-elastomers https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-fx-special-effect https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-ir-sortable-black-recyclable-packaging https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/nymax-pir-and-resound-r-nd-recycled-nylon-formulations https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-naturals-colorants https://www.avient.com/products/thermoplastic-elastomers/resound-om-thermoplastic-elastomers https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations https://www.avient.com/products/screen-printing-inks/zodiac-aquarius/aquarius-soft-base-ink https://www.avient.com/products/fiber-solutions/magiq-fiber-additives/magiq-non-woven-electret-plus Enabling A Circular Economy Circular Economy Highlighted Solutions: ColorMatrix™ Amosorb™ Oxygen Scavenger for PET Creates an active barrier against oxygen ingress to help enhance product protection and extend shelf life.
Environmental data covers all sites owned or operated by Avient in the reporting period. 102–47 List of material topics About Avient People Products Planet Performance Avient 2019 Annual Report—Form 10-K 102–48 Restatements of information Products—excludes all Performance Products and Solutions segment; adjusted information based on more detailed portfolio analysis, such as deleting smartbatch sales and including sustainable inks; added new application areas that were not included in previous report such as applications for sustainable healthcare and minimizing food waste.
https://www.avient.com/sites/default/files/2023-03/2023 Paddlesports Application Bulletin.pdf
APPLICATION BULLETIN STRENGTH & FLEX Excellent Dimensional Stability, High Stiffness, Impact Resistance SOLUTION: Short & Long Fiber Formulations, Continuous Fiber Composite Tapes & Laminates DURABILITY Density, Stiffness, Strength SOLUTION: Short & Long Fiber Formulations SURFACE PROTECTION Performance Enhancements, Chemical Resistance SOLUTION: Scratch & Mar Resistance, UV Stable Additives TACTILE EXPERIENCE Soft Touch, Slip Resistance SOLUTION: Thermoplastic Elastomers METAL REPLACEMENT High Stiffness-to-Weight Ratio, Lightweighting, Buoyancy SOLUTION: Continuous Filament Winding Technology EXTREME PERFORMANCE Waterproof Seals & Closures SOLUTION: Thermoplastic Elastomers DYNAMIC COMFORT Durability, Customization, Shock Absorption SOLUTION: Thermoplastic Elastomers COLOR RESILIENCE Excellent Adhesion to Substrates, Weatherability SOLUTION: Plastisol Textile Inks FUNCTIONALITY High Stiffness, Structural Integrity, Metal Replacement SOLUTION: Short & Long Fiber Formulations, Continuous Fiber Composite Tapes & Laminates AESTHETIC APPEAL Custom Colors, Patterns & Tones SOLUTION: Custom Polymer Colorants, Specialty Additives RESILIENCE Weatherability, Longevity SOLUTION: Specialty Engineered Polymer Formulations STEM TO STERN OUTSTANDING FROM Explore the many ways polymers can help you innovate to meet evolving consumer demands and create thoughtfully designed paddlesports products that set your brand apart.
https://www.avient.com/sites/default/files/2025-03/65537-Certificate-05MAR2025.pdf
Francisco Nakasato, Bairro São Roque das Chaves 1700 Itupeva SP 13295-000 Brazil Avient Belgium SA Design and manufacture of color and additive concentrates, thermoplastic resins and specialty compounds Rue Melville Wilson 2, B-5330 Assesse, Belgium Magna Colours Limited The design, manufacture and distribution of specialty colouration products and chemical auxiliaries for us in the textile, dying, printing and finishing industries.
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.pdf
This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, mark-to-market adjustments associated with benefit plans, environmental remediation costs, acquisition-related costs, and other non-routine costs.
Additionally, Adjusted EPS excludes the impact of special items and amortization expense associated with intangible assets. 2 O P E N I N G RE MARK S B O B P A T T E R S O N C H A I R M A N , P R E S I D E N T A N D C E O 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 4 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 Formulations5 6 AVIENT PROTECTIVE MATERIALS CROSS SELLING OPPORTUNITIES 6 Q 3 P E RFO RMAN CE 15.4% 16.3% 2022 PF 2023 Results vs.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Jefferies%2520Conf%2520w%2520Non%2520GAAP%252008%252012%25202014.pdf
S&P 500 All time high of $43.34 July 1st, 2014 PolyOne Corporation Page 8 2006 2014 YTD 2015 “Where we were” “Where we are” Target 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 15.2% 12 – 16% Global Specialty Engineered Materials 1.1% 11.8% 12 – 16% Designed Structures & Solutions -- 7.1% 8 – 10% Performance Products & Solutions 5.5% 8.0% 9 – 12% Distribution 2.6% 6.0% 6 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 66% 65 – 75% 3) ROIC* 5.0% 9.9% 15% 4) Adjusted EPS Growth N/A 40% Double Digit Expansion Proof of Performance & 2015 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period (Est. in 2012) PolyOne Corporation Page 9 Bridge to $2.50 Adjusted EPS by 2015 2015 EPS: $2.50 2013 EPS: $1.31 Continued Gross Margin Expansion Mergers & Acquisitions Spartech Accretion Incremental Share Buybacks Ongoing LSS Programs (50-100 bps/yr) Accelerated Innovation & Mix Improvement Several Levers to Drive Growth Mid Single Digit Revenue CAGR PolyOne Corporation Page 10 Innovation Drives Earnings Growth *Percentage of Specialty Platform revenue from products introduced in last five years $20 $53 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 43.0% 2006 2013 Specialty Vitality Index Target ≥ 35% PolyOne Corporation Page 11 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 *Pipeline as of May 29, 2014 as presented during our Innovation Day PolyOne Corporation Page 12 Healthcare Consumer Packaging and Additive Technology Transportation Unique and Innovative Solutions https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG PolyOne Corporation Page 13 Megatrends Aligned with Key End Markets Decreasing Dependence on Fossil Fuels Protecting the Environment Improving Health and Wellness Megatrend End Markets Globalizing and Localizing Health & Wellness Transportation Packaging Consumer PolyOne Corporation Page 14 60% 100% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 2014 Pension Funding** As of June 30, 2014 Debt Maturities & Pension Funding – 6/30/14 Net Debt / EBITDA* = 1.8x $48 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Debt Maturities As of June 30, 2014 ($ millions) Coupon Rates: 7.500% 7.375% 5.250% ** includes US-qualified pension plans only *TTM 6/30/2014 PolyOne Corporation Page 15 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return $0.16 $0.20 $0.24 $0.32 $0.10 $0.20 $0.30 $0.40 2011 2012 2013 2014 Annual Dividend Expanding our sales, marketing, and technical capabilities Targets that expand our: • Specialty offerings • End market presence • Geographic footprint • Operating Margin Synergy opportunities Adjacent material solutions Repurchased 1.8 million shares in Q2 2014 Repurchased 8.2 million shares since early 2013 11.8 million shares are available for repurchase under the current authorization Organic Growth Acquisitions Share Repurchases Dividends Investing in operational and LSS initiatives (including synergy capture) Manufacturing alignment PolyOne Corporation Page 16 PolyOne Core Values Innovation Collaboration Excellence PolyOne Corporation Page 17 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q2 Global Color, Additives and Inks $ 4.3 $ 28.1 $ 37.7 $ 104.0 $ 68.1 Global Specialty Engineered Materials 0.4 17.6 49.7 57.2 37.2 Designed Structures and Solutions - - - 33.4 24.1 Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 129.4 Performance Products and Solutions 75.7 31.3 54.0 56.0 33.6 Distribution 19.5 28.1 42.0 63.3 34.5 Joint ventures 91.9 28.6 18.9 - - Corporate and eliminations (51.5) (425.1) (27.7) (82.4) (91.7) Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 105.8 Less: Corporate operating expense 51.5 425.1 27.7 82.4 91.7 Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 197.5 Specialty platform operating mix percentage 2% 34% 43% 62% 66% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Credit%2520Suisse%2520w%2520non%2520GAAP%25206%252025%25202014.pdf
S&P 500 All time high of $42.47 June 6th, 2014 PolyOne Corporation Page 9 2006 Q1 2014 2015 “Where we were” “Where we are” Target 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 13.8% 12 – 16% Global Specialty Engineered Materials 1.1% 11.6% 12 – 16% Designed Structures & Solutions -- 6.5% 8 – 10% Performance Products & Solutions 5.5% 7.7% 9 – 12% Distribution 2.6% 6.1% 6 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 64% 65 – 75% 3) ROIC* 5.0% 9.4% 15% 4) Adjusted EPS Growth N/A 42% Double Digit Expansion Proof of Performance & 2015 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period PolyOne Corporation Page 10 Bridge to $2.50 Adjusted EPS by 2015 2015 EPS: $2.50 2013 EPS: $1.31 Continued Gross Margin Expansion Mergers & Acquisitions Spartech Accretion Incremental Share Buybacks Ongoing LSS Programs (50-100 bps/yr) Accelerated Innovation & Mix Improvement Several Levers to Drive Growth Mid Single Digit Revenue CAGR PolyOne Corporation Page 11 Innovation Drives Earnings Growth *Percentage of Specialty Platform revenue from products introduced in last five years $20 $53 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 43.0% 2006 2013 Specialty Vitality Index Target ≥ 35% PolyOne Corporation Page 12 Healthcare Consumer Packaging and Additive Technology Transportation Unique and Innovative Solutions https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG PolyOne Corporation Page 13 Megatrends Aligned with Key End Markets Decreasing Dependence on Fossil Fuels Protecting the Environment Improving Health and Wellness Megatrend End Markets Globalizing and Localizing Health & Wellness Transportation Packaging Consumer PolyOne Corporation Page 14 60% 100% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 2014 Pension Funding** As of March 31, 2014 Debt Maturities & Pension Funding – 3/31/14 Net Debt / EBITDA* = 1.9x $48 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Debt Maturities As of March 31, 2014 ($ millions) Coupon Rates: 7.500% 7.375% 5.250% ** includes US-qualified pension plans only *TTM 3/31/2014 PolyOne Corporation Page 15 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return $0.16 $0.20 $0.24 $0.32 $0.10 $0.20 $0.30 $0.40 2011 2012 2013 2014 Annual Dividend Expanding our sales, marketing, and technical capabilities Targets that expand our: • Specialty offerings • End market presence • Geographic footprint • Operating Margin Synergy opportunities Adjacent material solutions Repurchased 1.4 million shares in Q1 2014 Repurchased 6.4 million shares since April 2013 13.6 million shares are available for repurchase under the current authorization Organic Growth Acquisitions Share Repurchases Dividends Investing in operational and LSS initiatives (including synergy capture) Manufacturing alignment PolyOne Corporation Page 16 Formula for Success Innovation Market Beating Performance Excellence in Execution PolyOne Corporation Page 17 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1 Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3 Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4 Designed Structures and Solutions - - - 33.4 11.2 Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9 Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0 Distribution 19.5 28.1 42.0 63.3 17.2 SunBelt Joint venture 91.9 28.6 18.9 - - Corporate (51.5) (425.1) (27.7) (82.4) (36.7) Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4 Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7 Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1 Specialty platform operating mix percentage 2% 34% 43% 62% 64% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520GS%2520w%2520non%2520GAAP%25205_21_14.pdf
S&P 500 All time high of $39.55 May 13th, 2014 Page 8 2006 Q1 2014 2015 “Where we were” “Where we are” Target 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 13.8% 12 – 16% Global Specialty Engineered Materials 1.1% 11.6% 12 – 16% Designed Structures & Solutions -- 6.5% 8 – 10% Performance Products & Solutions 5.5% 7.7% 9 – 12% Distribution 2.6% 6.1% 6 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 64% 65 – 75% 3) ROIC* 5.0% 9.4% 15% 4) Adjusted EPS Growth N/A 42% Double Digit Expansion Proof of Performance & 2015 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Page 9 Bridge to $2.50 Adjusted EPS by 2015 2015 EPS: $2.50 2013 EPS: $1.31 Continued Gross Margin Expansion Mergers & Acquisitions Spartech Accretion Incremental share buybacks Ongoing LSS Programs (50-100 bps/yr) Accelerated Innovation & Mix Improvement Several Levers to Drive Growth Mid single digit revenue CAGR Page 10 Innovation Drives Earnings Growth *Percentage of Specialty Platform revenue from products introduced in last five years Page 11 $20 $53 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 43.0% 2006 2013 Healthcare Consumer Packaging and Additive Technology Transportation Page 12 Unique and Innovative Solutions https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG 60% 100% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 2014 Pension Funding** As of March 31, 2014 Debt Maturities & Pension Funding – 3/31/14 Net Debt / EBITDA* = 1.9x $48 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Debt Maturities As of March 31, 2014 ($ millions) Coupon Rates: 7.500% 7.375% 5.250% ** includes US-qualified pension plans only *TTM 3/31/2014 Page 13 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return $0.16 $0.20 $0.24 $0.32 $0.10 $0.20 $0.30 $0.40 2011 2012 2013 2014 Annual Dividend Expanding our sales, marketing, and technical capabilities Targets that expand our: • Specialty offerings • End market presence • Geographic footprint • Operating Margin Synergy opportunities Adjacent material solutions Repurchased 1.4 million shares in Q1 2014 Repurchased 6.4 million shares since April 2013 13.6 million shares are available for repurchase under the current authorization Organic Growth Acquisitions Share Repurchases Dividends Investing in operational and LSS initiatives (including synergy capture) Manufacturing alignment Page 14 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1 Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3 Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4 Designed Structures and Solutions - - - 33.4 11.2 Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9 Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0 Distribution 19.5 28.1 42.0 63.3 17.2 SunBelt Joint venture 91.9 28.6 18.9 - - Corporate (51.5) (425.1) (27.7) (82.4) (36.7) Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4 Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7 Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1 Specialty platform operating mix percentage 2% 34% 43% 62% 64% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.