Filled formulations in a wide range of durometers, available in food contact grades, and overmolds to PP

The high-impact polypropylene (PP)-based grades offer an excellent combination of impact, density, flowability, and colorability properties.

Compounded PP

$ D O LL A R S 2007 2008 2009 2010 2011 .25 .50 .75 1.00 1.25 ADJUSTED EARNINGS PER SHARE^ 278% INCREASE SINCE 2007 % O F O P ER AT IN G IN C O M E 2007 2008 2009 2010 2011 20 40 60 80 100 OPERATING MIX SHIFT* JOINT VENTURES PP&S DISTRIBUTION SPECIALTY P ER C EN TA G E 2007 2008 2009 2010 2011 1.5 3.0 4.5 6.0 7.5 ADJUSTED RETURN ON SALES∆ *Operating Income excludes Corporate Charges OPERATIONAL PERFORMANCE SPECIALTY PLATFORM OPERATING INCOME $ M IL LI O N S 20 40 60 80 100 2007 2008 2009 2010 2011 192% INCREASE SINCE 2007 91% INCREASE SINCE 2007 ^EPS excluding special items and equity income from SunBelt SAFETY — INJURY INCIDENCE RATEº 2007 2008 2009 2010 2011 .25 .50 .75 1.0 1.25 “WORLD-CLASS” PERFORMANCE IN JU R Y IN C ID EN C E R AT E ºNumber of injuries per 100 full-time associates P ER C EN TA G E 2007 2008 2009 2010 2011 4 8 12 16 20 WORKING CAPITAL† — PERCENTAGE OF SALES “BEST-IN-CLASS” WORKING CAPITAL MANAGEMENT † Working capital is defined as accounts receivable plus inventories minus accounts payable ∆Operating income as a percentage of sales, excluding special items and equity income from SunBelt United States Securities and Exchange Commission Washington, DC 20549 FORM 10-K Í ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . CARTWRIGHT Retired President of Bowling Green State University —a public higher education institution.

Pro Forma for sale of PP&S.

This negatively impacted customer orders, most notably in PPS and Distribution.  Richardson, executive vice president and chief financial officer, PolyOne Corporation, said, "In January and February, we observed significant customer order delays in PPS, POD and DSS as customers worked through on-hand inventories. 

STOCK PERFORMANCE PolyOne’s stock performance has significantly outpaced the S&P 500 index and the S&P Mid Cap Chemicals index. 12.31.09 12.31.10 12.31.11 12.31.12 12.31.13 12.31.14 12.31.15 Operating Income % Specialty Color, Additives & Inks Specialty Engineered Materials Designed Structures & Solutions PP&S Distribution Specialty Platform Operating Income % of Total ROIC** (after-tax) Adjusted EPS Growth 2006 “Where we were” 1.7% 1.1% — 5.5% 2.6% 6.0% 5.0% N/A 2015 “Where we are” 16.7% 14.7% 3.0% 8.3% 6.6% 65% 11.8% 25 Consecutive Quarters of YOY EPS Growth 2020 Platinum Vision 20% + 20% + 12–14% 10–12% 6.5–7.5% 80% + 15% Double Digit Expansion **ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period 500 400 300 200 100 0 P ER CE NT AG E POL S&P MID CAP CHEMICALS S&P 500 ANNUAL REPORT 2015 SPECIALTY DISTRIBUTION PP&S JV’S % O F O PE RA TI NG IN CO M E 2005 2007 2009 2011 2013 2015 OPERATING INCOME MIX SHIFT*^ 100 80 60 40 20 0 100+100+100+100+10050+77+80+97+100+10010+32+53+82+82+841+18+34+51+61+64 *Operating Income excludes Corporate charges and special items ^2005–2009 has not been restated for subsequent changes in accounting principles or discontinued operations +5 +33 +41 +50 +65 +90 +98 2.00 1.80 1.60 1.40 1.20 1.00 .80 .60 .40 .20 0 2009 2010 2011 2012 2013 2014 2015 ADJUSTED EARNINGS PER SHARE ◊† U.

Softening demand conditions in the fourth quarter most heavily impacted the Performance Products and Solutions (PP&S) and Specialty Engineered Materials (SEM) segments. Specifically, end markets negatively impacting PP&S were building & construction and appliance.

The company noted customers are citing concerns over tariffs and persistent inflation as possible drivers of these demand conditions, which most heavily impacted the Performance Products and Solutions (PP&S) and Distribution segments.  If so, lower operating income from PP&S and Distribution could offset continued growth in Color, Additives & Inks and Engineered Materials in the fourth quarter.

Announced transformative portfolio improvements by divesting Performance Products and Solutions (PP&S) segment and signing definitive agreement to acquire Clariant Masterbatch business It was also the year we took two major steps forward in our specialty transformation with the divestiture of PP&S for