https://www.avient.com/sites/default/files/resources/Proxy%2520Statement%2520for%2520Web%2520Hosting.pd_.pdf
COMPENSATION DISCUSSION AND ANALYSIS Measure 2018 2017 Change Return to Shareholders.
Exercise or Base Price of Option Awards (column (i)) Grant Date Fair Value of Stock and Option Awards (column (j)) Narrative Disclosure Relating to the 2018 Summary Compensation Table and the 2018 Grants of Plan-Based Awards Table Outstanding Equity Awards at 2018 Fiscal Year-End Option Exercise Price ($) (e) Option Expiration Date (f) Market Value of Shares or Units of Stock That Have Not Vested ($) (h) Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights that Have Not Vested ($) (j) Name (a) Stock Awards Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) (d) Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights that Have Not Vested (#) (i) Number of Shares or Units of Stock That Have Not Vested (#) (g) Number of Securities Underlying Unexercised Options (#) Unexercisable (c) Number of Securities Underlying Unexercised Options (#) Exercisable (b) Option Awards EXECUTIVE COMPENSATION EXECUTIVE COMPENSATION Number of Securities Underlying Unexercised Options (#) Exercisable (column (b)) Number of Securities Underlying Unexercised Options (#) Unexercisable (column (c)) Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (column (d)) Option Exercise Price (column (e)) Option Expiration Date (column (f)) Number of Shares or Units of Stock That Have Not Vested (column (g)) Market Value of Shares or Units of Stock That Have Not Vested (column (h)) Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (column (i)) EXECUTIVE COMPENSATION Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested (column (j)) 2018 Option Exercises and Stock Vested Name (a) Option Awards Stock Awards Number of Shares Acquired on Exercise (#) (b) Value Realized on Exercise ($) (c) Number of Shares Acquired on Vesting (#) (d) Value Realized on Vesting ($) (e) Option Awards (columns (b) and (c)) Stock Awards (columns (d) and (e)) 2018 Nonqualified Deferred Compensation EXECUTIVE COMPENSATION Name Aggregate Executive Registrant Aggregate Aggregate Aggregate Balance at Contributions Contributions Earnings Withdrawals/ Balance at in Last FY in Last FY in Last FY Distributions Last FYE (1) ($)(2) ($)(3) ($)(4) ($) ($)(1)(5) Potential Payments Upon Termination or Change of Control Summary of Potential Payments EXECUTIVE COMPENSATION Management Continuity Agreements Executive Severance Plan EXECUTIVE COMPENSATION Annual Plan Long-Term Incentive Awards Retirement Benefits Payments and Benefits Upon Termination — As of the End of Fiscal Year 2018 EXECUTIVE COMPENSATION EXECUTIVE COMPENSATION CEO Pay Ratio Disclosure CEO Annual Total Compensation for 2018: $6,127,920 Median Employee Annual Total Compensation for 2018: $48,056 Ratio of CEO to Median Employee Annual Total Compensation for 2018: 128:1 How the Median Employee was Determined in 2017 EXECUTIVE COMPENSATION Compensation Committee Interlocks and Insider Participation Policy on Related Person Transactions Risk Assessment of the Compensation Programs EXECUTIVE COMPENSATION Compensation Committee Report The Compensation Committee of the Board of Directors MISCELLANEOUS MISCELLANEOUS PROVISIONS Voting at the Meeting not Shareholder Proposals MISCELLANEOUS Proxy Solicitation We will furnish without charge to each person from whom a proxy is being solicited, upon written request of any such person, a copy of the Annual Report on Form 10-K of the Company for the fiscal year ending December 31, 2018, as filed with the SEC, including the financial statements and schedules thereto.
Kunkle APPENDIX A Year Ended Year Ended December 31, 2018 December 31, 2017 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Year Ended Year Ended December 31, 2016 December 31, 2015 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Year Ended December 31, 2014 Reconciliation to Condensed Consolidated Statements of Income $ EPS Year Ended December 31, Reconciliation to Consolidated Statements of Income 2018 2017 As of December 31, 2018 Table Of Contents Message From Our CEO Notice Of 2019 Annual Meeting Of Shareholders Proxy Summary Proxy Statement Proposal 1-Election Of Board Of Directors Proposal 2-Advisory Vote To Approve Named Executive Officer Compensation Proposal 3-Ratification Of Appointment Of Independent Registered Public Accounting Firm Corporate Governance 2018 Non-employee Director Compensation Ownership Of Polyone Shares Compensation Discussion And Analysis Executive Summary Executive Compensation Philosophy And Objectives What We Pay And Why: Elements Of Compensation Other Aspects Of Our Compensation Programs Executive Compensation 2018 Summary Compensation Table 2018 Grants Of Plan-Based Awards Outstanding Equity Awards At 2018 Fiscal Year-End 2018 Option Exercises And Stock Vested 2018 Nonqualified Deferred Compensation Potential Payments Upon Termination Or Change Of Control CEO Pay Ratio Disclosure Compensation Committee Interlocks And Insider Participation Policy On Related Person Transactions Risk Assessment Of The Compensation Programs Compensation Committee Report Miscellaneous Provisions Appendix A
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202018.pdf
• The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions, including whether such businesses will be accretive to our earnings; • Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; • The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; • Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; • Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; • Fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; • Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; • Information systems failures and cyber attacks; and • Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
But the world where we live and play is changing, fast, because the world has limits.
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows: 2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016 2017 Net income from continuing operations attributable to PolyOne common shareholders $ 106.7 $ 152.5 $ 153.4 $ 53.3 $ 94.0 $ 78.0 $ 144.6 $ 166.4 $ 173.5 Joint venture equity earnings, after tax (19.0) (14.7) (3.7) — — — — — — Special items, before tax(1) (48.7) 24.2 (48.1) 55.1 46.3 164.2 87.6 23.8 32.9 Special items, tax adjustments(1) (27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (15.9) (24.8) Adjusted net income from continuing operations attributable to PolyOne common shareholders $ 11.8 $ 65.3 $ 76.9 $ 89.5 $ 126.6 $ 168.5 $ 173.5 $ 174.3 $ 181.6 Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 82.1 Adjusted EPS attributable to PolyOne common shareholders $ 0.13 $ 0.68 $ 0.82 $ 1.00 $ 1.31 $ 1.80 $ 1.96 $ 2.06 $ 2.21 * Historical results are shown as presented in prior filings and have not been updated to reflect subsequent changes in accounting principle, discontinued operations or the related resegmentation. (1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring items; the effect of changes in accounting principles or other such laws or provisions affecting reported results and tax adjustments.
https://www.avient.com/sites/default/files/2022-12/reSound Ultra Low Carbon Footprint TPE Product Bulletin_0.pdf
These sustainable materials are also customizable, but changes to color or formulation to achieve application-specific needs will require the product carbon footprint to be recalculated.
https://www.avient.com/sites/default/files/2023-10/reSound REC Automotive Interior Grades Product Bulletin.pdf
PRODUCT BULLETIN reSound™ REC Recycled Content TPEs Sustainable TPEs for automotive interiors The demands for improved sustainability continue to drive innovation and change across the transportation industry.
https://www.avient.com/sites/default/files/2020-09/bettcher-case-study-1.pdf
With any product update or change, there is risk,” said Joel Hall, Senior Engineering Manager from Bettcher.
https://www.avient.com/sites/default/files/2022-12/Cesa Fiber Additives Light Stabilizers Product Bulletin.pdf
Cesa™ Fiber Additives Light Stabilizers for Synthetic Fibers and Nonwovens Non UV-stabilized fibers exposed to sunlight can suffer color fading and molecular changes that degrade their chemical and mechanical properties, leading to fraying and breakages.
https://www.avient.com/sites/default/files/2022-01/Versaflex CE TPEs for 5G Application Bulletin.pdf
Device designs are changing to improve high-speed performance and network connectivity to support faster speeds, higher capacity, and lower latencies for customers.
https://www.avient.com/sites/default/files/2020-09/oncolor-sc-product-bulletin-8.5x11.pdf
You can enhance your color usage without changing your current process.
https://www.avient.com/sites/default/files/resources/Replacing%2520Metal%2520with%2520Vinyl_0.pdf
The group explained that they needed a material that would exhibit minimal color change after exposure to outdoor environments.
https://www.avient.com/sites/default/files/2021-01/certificate-of-amendment-modification-avient-colorants-canada-inc.pdf
Corporation number Numéro de la société 2 942266-8 The articles are amended as follows Les statuts sont modifiés de la façon suivante 3 The corporation changes its name to: La dénomination sociale est modifiée pour : Avient Colorants Canada Inc.