https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
Every Avient
associate is accountable for these objectives, which is why we have aligned 20% of our
2022 annual incentive plan with ESG metrics (see details on page 5).
For 2022 we have added ESG performance metrics,
which now account for 20% of our associates’ Annual
Incentive Plan.
We know that this will take a lot of work and since 2050 is just around the corner,
rapid action and accountability is needed.
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color.pdf
The Avient ColorMatrix Select online color
management system can help reduce development
time from weeks down to days.
For product manufacturers ColorMatrix Select
provides:
• Instant on-line development of approved colors
with full visibility of multiple formulation and
pricing options
• On-demand product delivery with virtually no
minimal order value or quantity requirement
• Lean color management
For brand owners managing colors across multiple
products, supplier sites and geographic locations,
color management can be challenging and costly.
How much wastage do you have to account for?
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color_0.pdf
The Avient ColorMatrix Select online color
management system can help reduce development
time from weeks down to days.
For product manufacturers ColorMatrix Select
provides:
• Instant on-line development of approved colors
with full visibility of multiple formulation and
pricing options
• On-demand product delivery with virtually no
minimal order value or quantity requirement
• Lean color management
For brand owners managing colors across multiple
products, supplier sites and geographic locations,
color management can be challenging and costly.
How much wastage do you have to account for?
https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
Senior management also uses operating income before
special items to assess performance and allocate resources because senior management believes that these measures are
useful in understanding current profitability levels and how it may serve as a basis for future performance.
EBITDA and Adjusted EBITDA are non-GAAP financial measures that management uses in evaluating operating
performance.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Conference%2520-%2520November%25202015.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 Page 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 uses operating income excluding special items, adjusted EPS, and working
capital to assess performance and allocate resources because senior management believes that these measures are useful in
understanding current profitability levels and that current levels may serve as a base for future performance.
https://www.avient.com/company/sustainability/sustainability-report/products/product-stewardship-global-chemical-management-product-excellence/product-stewardship-and-product-safety
The Product Safety Code drives continual improvements in hazardous risk assessments, Safety Data Sheet (SDS) communications and chemical inventory management.
This commitment to monitoring and managing these business activities is demonstrated through our Global Chemical Management Policy.
Identification of Substances of Concern – As part of the management and monitoring of Global Chemical Control Laws; Product Stewardship pays close attention to those regulatory lists that identify hazardous substances (Human health and Environmental) of concern.
https://www.avient.com/sites/default/files/resources/8.31.19%2520Investor%2520Presentation.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.
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows:
2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016 2017 2018
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 $ 161.1
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 59.5
Special items, tax adjustments(1) (27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (15.9) (24.8) (25.3)
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 $ 195.3
Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 82.1 80.4
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 $ 2.43
* 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, including adjustments related to
contingent consideration; 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; and the effect of changes in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/sites/default/files/resources/Investor%2520Presentation%2520May19.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.
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows:
2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016 2017 2018
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 $ 161.1
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 59.5
Special items, tax adjustments(1) (27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (15.9) (24.8) (25.3)
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 $ 195.3
Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 82.1 80.4
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 $ 2.43
* 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, including adjustments related to
contingent consideration; 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; and the effect of changes in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/news/polyone-presents-leading-edge-solutions-fakuma-2015
In addition, visitors are invited to meet with experts at the stand and attend 15- minute Tech Talks focused on reducing weight, managing heat, adding value through thermoplastic elastomer overmolding, and more.
Managing heat in molded interconnect devices with specialty thermoplastics
Matt Defosse
Marketing Communications Manager, Europe
PolyOne Corporation
+49 6407-907-0386
matt.defosse@avient.com
https://www.avient.com/company/company-officers
Holger Kronimus, Vice President, Europe, and General Manager, Engineered Materials, Europe
Say-Eng Lee, Vice President and General Manager, Color, Additives and Inks Asia
Norbert Merklein, Vice President and General Manager EMEA, Color, Additives and Inks