https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Company%2520Specialty%2520Chemical%2520Conference.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
POLYONE CORPORATION 3
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting
principles) and non-GAAP financial measures.
Senior management believes these measures are useful to investors
because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due
to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Basic%2520Materials%2520Conference.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual
results to differ materially from those expressed in or implied by the forward-looking statements.
POLYONE CORPORATION 3
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting
principles) and non-GAAP financial measures.
Senior management believes these measures are useful to investors
because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due
to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/resources/Proxy%2520Statement%2520for%2520Web%2520Hosting.pd_.pdf
Attending and Voting at the Annual Meeting
Company Operating Performance
Our Company Culture
Impact of Our Performance on Named Executive Officer 2018 Compensation
Annual Incentive Plan
2018 Annual Incentive Program Payouts
Named Executive Officer
2018
Target Opportunity ($) Payout (%) Payout ($)
Long-Term Incentive Program
2016 – 2018 Cash-Settled Performance Units
Performance Measure: Adjusted EPS
Performance Periods Weighting Target Result Payout %
Our Director Nominees and Committee Membership
Name Age Director
Since
Principal
Position
Notable Skills and
Experiences
Independent Committee Membership*
(M=Member, C=Chair)
AC CC N&GC EH&SC
Name Age Director
Since
Principal
Position
Notable Skills and
Experiences
Independent Committee Membership*
(M=Member, C=Chair)
AC CC N&GC EH&SC
Average Tenure Average Age Gender Diversity
5.25 59 30%
Governance Highlights
Director Independence
Independent Lead Director
Board Oversight of Risk Management
Stock Ownership Requirements
Board Practices
PROXY STATEMENT
POLYONE CORPORATION
PolyOne Center
33587 Walker Road
Avon Lake, Ohio 44012
PROXY STATEMENT
Dated March 28, 2019
PROPOSAL 1 — ELECTION OF BOARD OF DIRECTORS
Our Board recommends a vote FOR
all the nominees listed below.
PROPOSAL 3 — RATIFICATION OF APPOINTMENT OF
INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Our Board recommends a vote FOR Proposal 3 to ratify the Audit
Committee’s appointment of EY as our independent registered public
accounting firm for 2019.
Accounting Considerations
Stock Ownership and Retention Guidelines
Stock Ownership
(in shares)
Total Share
Ownership as of
2/28/19
Timing with Respect to Equity Award Grants.
https://www.avient.com/sites/default/files/2020-05/2.-polyone-ir-presenstation-wells-fargo-industrials-conference.pdf
Senior management has referenced adjusted EPS excluding the impact of additional shares issued in February 2020.
Accordingly, for purposes of
comparability to the January 28, 2020 guidance, and prior year, management has referenced adjusted EPS excluding the impact of the additional shares issued in February.
Senior management believes these measures are useful to
investors because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due to the potential
variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2020-05/1.-polyone-ir-presenstation-fermium-research-chemicals-conference.pdf
Senior management has referenced adjusted EPS excluding the impact of additional shares issued in February 2020.
Accordingly, for purposes of
comparability to the January 28, 2020 guidance, and prior year, management has referenced adjusted EPS excluding the impact of the additional shares issued in February.
Senior management believes these measures are useful to
investors because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due to the potential
variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
Non-GAAP Financial Measures
The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial
measures.
Management believes
this provides better comparability of the performance of the combined businesses.
They are based on management’s expectations that involve
a number of business risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
https://www.avient.com/sites/default/files/2025-02/News Release - AVNT-2024.12.31-News Release 2.12.25 2PM_0.pdf
They are based on
management's expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
Management excludes intangible asset amortization from adjusted EPS as it believes excluding
acquired intangible asset amortization is a useful measure of current period earnings per share.
Senior management believes this measure is useful to investors
because it allows for comparison to Avient's performance in prior periods without the effect of items that, by their nature, tend to
obscure Avient's operating results due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
They are based on
management's expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
Management excludes intangible asset amortization from adjusted EPS as it believes excluding
acquired intangible asset amortization is a useful measure of current period earnings per share.
Senior management believes
these measures are useful to investors because they allow for comparison to Avient's performance in prior periods without the
effect of items that, by their nature, tend to obscure Avient's operating results due to the potential variability across periods
based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2025-05/Avient Announces First Quarter 2025 Results_0.pdf
They are based on
management's expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset
amortization is a useful measure of current period earnings per share.
Senior management believes this measure is useful to investors
because it allows for comparison to Avient's performance in prior periods without the effect of items that, by their nature, tend to
obscure Avient's operating results due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2020-05/polyone-investor-presentation-may-2020_0.pdf
Senior management believes these measures are useful to
investors because they allow for comparison to PolyOne's performance in prior periods without the effect of items that, by their nature, tend to obscure PolyOne's operating results due to the
potential variability across periods based on timing, frequency and magnitude.
Senior management has referenced adjusted EPS excluding the impact of additional shares issued in February 2020.
Accordingly, for purposes of
comparability to the January 28, 2020 guidance, and prior year, management has referenced adjusted EPS excluding the impact of the additional shares issued in February.