https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%2520Global%2520Industrial%2520Conference.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are
not limited to:
• Our ability to identify and evaluate acquisition targets and consummate acquisitions;
• 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;
• Our ability to achieve new business gains;
• 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;
• An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives
related to working capital reductions, cost reductions and employee productivity goals;
• Information systems failures and cyber attacks;
• Our ability to continue to pay regular cash dividends and the amounts and timing of any future dividends; 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
Use of Non-GAAP Measures
4POLYONE CORPORATION
INPUTS
FORMULATION
EXPERTISE
SERVICE VALUE
Base resins
Additives
Modifiers
Pigments
Expertise in
Polymer
Materials,
Services and
OEMs
Brand Owners
Processers
Assemblers
InVisiO
SM
Color
Services
IQ Design Labs
LSS Customer
First
Specialty products & services
What We Do
Driving customer value
5POLYONE CORPORATION
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
2009 2010 2011 2012 2013 2014 2015 2016*
*Recast for DSS in discontinued operations
PolyOne At a Glance
Performance
Products &
Solutions
22%
PolyOne
Distribution
34%
Specialty
Engineered
Materials
18%
Color
Additives
and Inks
26%
2016
Revenue by
Segment
Adjusted Earnings per Share
2016
Revenue by
Geography
United
States
60%
Europe
Latin
9%
7%
10%
6POLYONE CORPORATION
43%
76%
0%
20%
40%
60%
80%
100%
2005 2010 3Q 2017
%
o
f
O
p
e
ra
ti
n
g
I
n
c
o
m
e
*
*Operating Income excludes corporate charges and special items **LTM 3Q 2017
Specialty OI $5M $87M $275M**
JV’s Performance Products & Solutions
Specialty MixDistribution
Mix Shift Highlights Specialty Transformation
Distribution and Contract
Manufacturing Businesses
7POLYONE CORPORATION
Driving Growth
• Refreshed training curriculum
for sales force
• Upgraded capabilities to generate
and capture new business leads
• Expanded R&D resources to focus
on key platforms
Investment in Commercial Resources
Commercial Resource Additions*
Total Sales CallsSales Opportunity Funnel (in billions)
*Sales, Marketing & Technology headcount
8POLYONE CORPORATION
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Proof of Performance & 2020 Platinum Vision
12 - 14%
6.5 – 7.5%
Consistently Deliver Double Digit Annual EPS Growth
2006 YTD 2017 2020
“Where we were” “Where we are” Platinum Vision
ROIC* 5.0% 13.8%
Color, Additives & Inks 1.7% 16.4%
Specialty Engineered Materials 1.1% 13.1%
Performance Products & Solutions 5.5% 11.4%
Distribution 2.6% 6.6%
9POLYONE CORPORATION
$50
$116
$137
$0
$40
$80
$120
$160
$200
2012 2014 2016 2017
10.8%
11.3%
12.9%
13.8%
10.0%
11.0%
12.0%
13.0%
14.0%
15.0%
2012 2014 2016 3Q 2017 2020
Free Cash Flow
(in millions)
ROIC*
*ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period
Free Cash Flow and Improving Returns
15.0%
>$200
10POLYONE CORPORATION
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.70
$-
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Annual Dividend
7 Consecutive Years of Increased Dividends
3-Year Dividend Plan
Announced 30% increase
to dividend in October
2017, reflecting strong and
sustainable cash flow as
well as confidence in future
earnings growth
Expect to increase annual
dividend 60% or more
cumulatively over next
three years
11POLYONE CORPORATION
$767M
Returning Cash to Shareholders
$0
$150
$300
$450
$600
$750
2011 2012 2013 2014 2015 2016 3Q
Cumulative Share Repurchases
(in millions)
Since 2011, we have
returned over $950 million
to shareholders
$192 million returned
through dividends
$767 million returned
through share
repurchases
Have repurchased 20.8
million shares since
early 2013
$767M
12POLYONE CORPORATION
Expanding our sales,
marketing, and
technical capabilities
Investing in
operational and LSS
initiatives
~60 - 70% of capital
expenditures fund
growth initiatives
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Targets that expand
our:
• Specialty
offerings
• End market
presence
• Geographic
breadth
Growth synergies
Adjacent material
solutions
Repurchased 2.0
million shares
YTD 2017
Repurchased 20.8
million shares
since early 2013
6.5 million shares
are available for
repurchase under
the current
authorization
Increased annual
dividend by 30% to
$0.70 per share,
representing the
seventh consecutive
year of dividend
growth
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
13POLYONE CORPORATION
*Specialty Platform revenue from products introduced in last five years
Vitality Index Progression*
12%
42%
Target ≥ 35%
Innovation Drives Earnings Growth
Innovation Pipeline Potential
$20
$54
Research & Development Spending
($ millions)
Phase 1
Frame
Opportunity
12 Projects
Phase 2
Build Business
Case
10 Projects
Phase 3
Prototype
21 Projects
Phase 4
Scale-up &
Test Market
19 Projects
Phase 5
Commercial
Launch
10 Projects
$500 Million $1.4 Billion $700 Million
Total Specialty Addressable Market of over $2.6 Billion
14POLYONE CORPORATION
Key Innovation Growth Drivers
Composites
Barrier Additive
Technology
Fiber Colorants
Flame Retardant
Polymers
Increasing regulatory drive for halogen replacements
$400m addressable market
Drive to prevent oxygen, light and UV rays from affecting contents in PET
packaging, extending shelf life
$200m addressable market
60% of world fiber consumption is synthetic, need to simplify manufacturing
and eliminate waste
$300m addressable market
Polymer formulation and process engineering create a pipeline for next
generation materials
Drive to replace aluminum and steel with plastics without
compromising on strength
15POLYONE CORPORATION
Providing LSS services to
small/medium sized customers
54% of associates trained in LSS, with over
125 active black belts
Have trained over 30 customers in
LSS methodology
Providing training in Customer Centric
Selling Skills with customers
Providing Industrial design and color
services to small/medium sized
customers
On time delivery above 95%
Strengthening relationships:
Customer First Through World-Class Service
16POLYONE CORPORATION
Addressable market exceeds $40 billion
Strong performance demonstrates that our strategy and execution are
working
Megatrends and emerging opportunities align with strengths
Innovation and services provide differentiation, incremental pricing
power and competitive advantage
Strategic reinvestment for growth while returning cash to shareholders
Strong and proven management team driving growth
and performance
Why Invest In PolyOne?
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/2022-11/Avient Announces Third Quarter 2022 Results.pdf
The webcast
can be viewed live at avient.com/investors, or by clicking on the webcast link here.
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.
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/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
The webcast can
be viewed live at avient.com/investors, or by clicking on the webcast link here.
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.
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/knowledge-base/article/what-s-difference-fillers-reinforcements
Kaolin bumps up a material’s physical properties, including its tensile strength (ability to stretch without breaking) and its resistance to warping and chemical degradation.
Some fillers make plastics electrically and thermally conductive, and others add thermal conductivity without electrical conductivity.
Long-glass fiber (LGF), which can be longer than one-half inch, can be tougher and more impact resistant (especially in cold temperatures) and have more tensile strength (ability to stretch without breaking) than a comparable SGF composite.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=21506
Kaolin bumps up a material’s physical properties, including its tensile strength (ability to stretch without breaking) and its resistance to warping and chemical degradation.
Some fillers make plastics electrically and thermally conductive, and others add thermal conductivity without electrical conductivity.
Long-glass fiber (LGF), which can be longer than one-half inch, can be tougher and more impact resistant (especially in cold temperatures) and have more tensile strength (ability to stretch without breaking) than a comparable SGF composite.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=6599
Kaolin bumps up a material’s physical properties, including its tensile strength (ability to stretch without breaking) and its resistance to warping and chemical degradation.
Some fillers make plastics electrically and thermally conductive, and others add thermal conductivity without electrical conductivity.
Long-glass fiber (LGF), which can be longer than one-half inch, can be tougher and more impact resistant (especially in cold temperatures) and have more tensile strength (ability to stretch without breaking) than a comparable SGF composite.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=6601
Kaolin bumps up a material’s physical properties, including its tensile strength (ability to stretch without breaking) and its resistance to warping and chemical degradation.
Some fillers make plastics electrically and thermally conductive, and others add thermal conductivity without electrical conductivity.
Long-glass fiber (LGF), which can be longer than one-half inch, can be tougher and more impact resistant (especially in cold temperatures) and have more tensile strength (ability to stretch without breaking) than a comparable SGF composite.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=21509
Kaolin bumps up a material’s physical properties, including its tensile strength (ability to stretch without breaking) and its resistance to warping and chemical degradation.
Some fillers make plastics electrically and thermally conductive, and others add thermal conductivity without electrical conductivity.
Long-glass fiber (LGF), which can be longer than one-half inch, can be tougher and more impact resistant (especially in cold temperatures) and have more tensile strength (ability to stretch without breaking) than a comparable SGF composite.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=6598
Kaolin bumps up a material’s physical properties, including its tensile strength (ability to stretch without breaking) and its resistance to warping and chemical degradation.
Some fillers make plastics electrically and thermally conductive, and others add thermal conductivity without electrical conductivity.
Long-glass fiber (LGF), which can be longer than one-half inch, can be tougher and more impact resistant (especially in cold temperatures) and have more tensile strength (ability to stretch without breaking) than a comparable SGF composite.
https://www.avient.com/sites/default/files/2025-02/ColorMatrix LQ-Extrusion Pipe-Case study snapshot.pdf
U-PVC PIPE &
FITTING
PRODUCER
P I P E & F I T T I N G
• Meet the diverse coefficient of friction (CoF) requirements across
various film structures and compositions for a wide range of
applications
• Improve the speed of slip blooming and ensure consistent slip
performance post-film production
• Preserve excellent optical and mechanical properties
• Compliance with food regulations for end packaging in food
sealant applications
• Improved the customer’s workplace
environment by installing a new tote liquid
supply system
• Enhanced color consistency and reduced
production wastage from pigment speck and
streak issues
• Complied with strict regulatory controls for
potable pipe requirements
ColorMatrix Liquid Color Concentrates
KEY REQUIREMENT
WHY AVIENT
AVIENT SOLUTION
PRODUCTIVITY + COMPLIANCE
Avient Corporation 1
• Meet the diverse coefficient of friction (CoF) requirements across
various film structures and compositions for a wide range of
applications
• Improve the speed of slip blooming and ensure consistent slip
performance post-film production
• Preserve excellent optical and mechanical properties
• Compliance with food regulations for end packaging in food
sealant applications
KEY REQUIREMENT
• Standard colorant to apply for internal color matching in PVC
sheet applications
• Phthalate free plasticizer class as hazardous healthy control
requirement
• Good thermal stability and compatibility in PVC resin of color
index choices
• Compliance with Heavy metal free and RoHS regulation
KEY REQUIREMENT• Support the mass production capacity of white pipe
extrusion
• Reduces particulates from TiO2 bulk pigment use in the
workplace
• Ensure excellent pigment dispersion to meet mechanical
pipe properties over an extensive useful life
• Compliance with NSF and UL regulations for end
application requirements in the building and construction
industry
LIQUID COLOR CONCENTRATES AND
DOSING | AVIENTLEARN MORE
KEY REQUIREMENTS
Copyright © 2025, Avient Corporation.