• Elimination of lead = increased safety and compliance: Replacing brass with Gravi-Tech high-density formulations eliminates health and safety concerns about lead. • Use of existing tooling = lower capital costs: API was able to use the same mold originally designed for nylon to run the Gravi-Tech materials, saving the substantial costs of retooling. Thanks to the customized Gravi-Tech material, API was able to successfully design and mold a flapper valve that is the only one of its kind on the market—and offers a less expensive solution than traditional brass valves.

To provide a secure grip for safety and usability, the company planned to overmold a thermoplastic elastomer (TPE) onto the handle and other selected areas of the sprayer. These savings help the company to achieve high margins on its top-of-the-line sprayers. • High-end product line = competitive advantage: With Avient’s OnFlex-S TPE, developers successfully designed and produced a new, high-end product line that compares favorably with all-plastic sprayers in terms of appearance, performance and durability. • Gripping feel = safety and usability for customers: Hand grips created from overmolded OnFlex-S TPE provide excellent anti-slip performance even when wet. With OnFlex-S TPE, the company achieved system cost benefits that have made this product line a profitable one.

A Boycott occurs when one engages in refusals to deal with a group of suppliers or customers. This encompasses arrangements by which one competitor refuses to do business with a particular customer or supplier with the written or unwritten understanding that their competitor will do likewise. Unlawful price discrimination can occur when a seller charges one customer one price for a product, but requires another customer who competes with the first to pay a higher price for the same product.

Schuering Page 77 Appliance 5% Building & Construction 3% Wire & Cable 3% Electrical & Electronics 3% Consumer 21% Industrial 24% HealthCare 21% Transportation 17% 2011 Revenue: $1.0 Billion2011 Revenue: $1.0 Billion Key SuppliersKey Suppliers At a Glance Distribution Packaging 3% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 2006 2007 2008 2009 2010 2011 2015 Operating Income % of Sales ROICROIC Expanding ProfitsExpanding Profits 15.3% 18.4% 22.4% 30.0% 39.2% 48.6% 2006 2007 2008 2009 2010 2011 Target 6 – 7.5% Page 78 Value Proposition and Transformation Highlights Distribution Value Proposition • North America-based distributor with expanding global reach providing key plastic processors and market segments with best-in-class suppliers products, service and delivery with a commitment to develop value-added solutions to enhance customer profitability Transformation Highlights • Significant market share gains with key suppliers , > $5B Addressable Market • Significant market share gains with key suppliers � Proprietary PolyOne technology � Dow Corning • Improved sales mix and profitability by shifting to non-cyclical businesses like healthcare • Established presence in Brazil and Asia in 2011 Page 79 Key Differentiators Distribution • Product offering � Breadth and depth; industry leading suppliers • Sales and marketing capability • Customer service / logistics operations � Customer survey results – consistent best-in-class performance � Leading on-time delivery • Management team experience and stability • Lean Six Sigma � Solving our customers’ unmet needs Page 80 $102.8 $207.2 2006 2011 Healthcare Revenue • Strong market segmentation provides focused resourcing to accelerate growth • Expanding global reach meets Areas of Focus Distribution 2006 2011 $66.0 $182.4 2006 2011 National Accounts Revenue • Expanding global reach meets customers’ needs and creates competitive differentiation • Selling skills & product application knowledge to target executives & engineers ($ millions) Page 81 Critical Imperatives • Invest in commercial resources to accelerate growth • Expand healthcare and key account revenues • Broaden geographic reach and develop new markets and channel partnerships Critical Imperatives and 2015 Goal Distribution channel partnerships • Continue to improve working capital efficiency and superior cash flow generation 2015 Goal • 6 - 7.5% return on sales Page 82 Page 83