Microsoft PowerPoint - PolyOne Investor Presentation_Sidoti_3_19_13.pptx PolyOne Investor Presentation d d th l hSidoti and Company 17th Annual Emerging Growth  Institutional Investor Forum March 19, 2013 Forward – Looking Statements • In this presentation, statements that are not reported financial results or other historical information are “forward‐looking statements” within the meaning of  the Private Securities Litigation Reform Act of 1995.    EPS: $1.20 Proforma Debt Maturities & Liquidity Summary – 12/31/12 (Reflecting  Financing & Spartech Acquisition) • Total Debt at 12/31/12 h $1,010 $297 $360 $300 $400 Debt Maturities  As of December  31, 2012  ($ millions) Less: Cash Net Debt 213 $797 $50 $297 $100 $200 • Available Liquidity Cash $213 $800 Debt Maturities  As of December  31, 2012 P f f 2/13 Fi i $50 $0 2015 2017 2020 Interest Rates: 7.500%                       5.000%                      7.375% Cash ABL Availability Total Liquidity $213 271 $484 $600 $400 $600 Proforma for 2/13 Financing ($ millions) Total Liquidity • Net Debt / EBITDA = 2.0x* $484 $50 $360 $0 $200 • Net Debt / EBITDA = 2.35x** $50$0 2015 2020 2023 Page 14 Interest Rates:   7.500%                      7.375%                      5.250% *Assumes $65 million of synergies related to Spartech acquistion **Assumes no synergies related to Spartech acquistion Use of Cash Share DividendsOrganic G Acquisitions • Repurchased 1 2 Repurchase • Introduced a Dividends • Expanding our Growth T t th t d Acquisitions • Repurchased 1.2 million shares in 2012 • 20.0 million shares are il bl f • Introduced a quarterly dividend in Q1 2011 and increased in Q1 2012 (25%) and Q1 2013 (20%) • Expanding our sales, marketing, and technical capabilities is top priority • Investing in • Targets that expand our: • Specialty offering • End market presence • Geographic footprint available for repurchase under the current authorization Q1 2013 (20%) • Objective of maintaining and growing Investing in operational and LSS initiatives (including synergy capture) • CAPEX • Synergy opportunities • Adjacent material solutions Proforma Cash Balance = $213M N t D bt / EBITDA* 2 0X CAPEX Net Debt / EBITDA* = 2.0X *Adjusted EBITDA assumes synergies related to the Spartech acquisition are realized at close; preliminary synergies estimated at $65M and are expected to be achieved over a 3-year period Page 15 Why Invest In PolyOne? Pro Forma Debt 2012 7.500% debentures due 2015 $ 50.0 7.375% senior notes due 2020 360.0 5.250% senior notes due 2023 600.0 Other debt 14.0 Pro Forma Debt $ 1,024 Specialty Platform Gross Margin Percentage 2006 2012 Global Specialty Engineered Materials Sales $ 345.3 $ 543.6 Global Color, Additives and Inks Sales 531.8 703.5 Specialty Platform Sales $ 877.1 $ 1,247.1 Global Specialty Engineered Materials Gross Margin $ 41.6 $ 129.8 Global Color, Additives and Inks Gross Margin 83.6 220.6 Specialty Platform Gross Margin $ 125.2 $ 350.4 Specialty Platform Gross Margin Percentage 14.3% 28.1%

M&A will be instrumental as we continue our specialty platform growth in pursuit of our 2020 Platinum Vision. 

About Avient Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.

2020 Color Inspiration Guide A collection of four progressive and dynamic color palettes that represent a myriad of viewpoints from visionaries around the world

About Avient Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.

About Avient Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.

During ITMA, PolyOne will also be showcasing two new textile trend categories, derived from the Color Inspiration 2020 Visionary collection launched in March of this year.

About Avient Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.

About Avient Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.

About Avient Avient Corporation (NYSE: AVNT), with 2020 pro forma revenues of $3.8 billion, provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.