https://www.avient.com/sites/default/files/resources/dB%2520June%2520Presentation%2520June%252012%25202013%2520%25282%2529.pdf
EPS: $1.00
First Quarter Financial Highlights
• 14th consecutive quarter of double digit adjusted earnings per
share growth
• 29 percent increase in adjusted EPS
34 percent increase in Specialty operating income
Growth from all regions
Virtually all organic growth
• Strengthened our financial
position
Page 12
• Total Debt at 3/31/13
Less: Cash
Net Debt
• Available Liquidity
Cash
ABL Availability
Total Liquidity
• Net Debt / EBITDA = 2.7x*
$169
285
$454
$1,056
169
$887
$50
$360
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2013
($ millions)
Page 13
Coupon Rates: 7.500% 7.375% 5.250%
*Pro Forma TTM with no synergies related to Spartech acquisition & excludes resin assets
Debt Maturities & Liquidity Summary – 3/31/13
Cash Balance = $169M
Net Debt / EBITDA* = 2.7x
• Repurchased
840k shares in Q1
2013
• 19.1 million
shares are
available for
repurchase under
the current
authorization
Share
Repurchase
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Objective of
maintaining and
growing
Dividends
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
Organic
Growth
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
• Synergy opportunities
• Adjacent material solutions
Acquisitions
*TTM with no synergies related to the Spartech acquisition
Use of Cash
Page 14
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2022-11/Smarter Materials High Performance Thermoplastics.pdf
Learn how Avient helped one appliance maker counteract
yellow tones to find just the right color balance.
https://www.avient.com/sites/default/files/2025-01/Securities Trading Policy %282024%29 Final.pdf
The policy does apply, however, to certain elections you may make
under the 401(k) plan, including an election to make an intra-plan transfer of an existing
account balance into or out of the Company stock fund.
14.
https://www.avient.com/news/polyone-announces-record-first-quarter-2014-results
Condensed Consolidated Balance Sheets
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2022-results-connection-announcement-acquire-dsm-protective-materials-dyneema
Condensed Consolidated Balance Sheets
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
The plan requires the payout of balances deemed invested in the
Company stock fund at the time of distribution to be in the form of Company common shares (or cash for
fractional shares).
Balance at
12/31/2023(1)
in Last FY(2)
Registrant
in Last FY(3)
Earnings
in Last FY(4)
Withdrawals/
Distributions
Balance at
Last FYE(1)(5)
A.K.
5) A portion of the balance reflected in the table represents amounts earned by the Named Executive Officers, which they have elected to
defer on a voluntary basis.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
The plan requires the payout of balances deemed
invested in the Company stock fund at the time of distribution to be in the form of Company common
shares (or cash for fractional shares).
Balance at
12/31/2022(1)
Contributions
in Last FY(2)
Registrant
Contributions
in Last FY(3)
Earnings
in Last FY(4)
Withdrawals/
Distributions
Balance at
Last FYE(1)(5)
A.K.
5) A portion of the balance reflected in the table represents amounts earned by the Named Executive Officers, which they have elected to defer on a
voluntary basis.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
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?
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_elastomers_for_overmolding_applications.pdf
The balance of rheology and
surface chemistry along with cost and performance requirements dictates the TPE developments to bond to
various engineering plastic substrates.
https://www.avient.com/industries/packaging/industrial-packaging/surface-protection
GLS™ Versaflex™ Thermoplastic Elastomer provided the right balance of haptics and fulfilled healthcare regulations