https://www.avient.com/sites/default/files/2020-05/2.-polyone-ir-presenstation-wells-fargo-industrials-conference.pdf
Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as
alternatives to, financial measures prepared in accordance with GAAP.
https://www.avient.com/sites/default/files/2020-05/1.-polyone-ir-presenstation-fermium-research-chemicals-conference.pdf
Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as
alternatives to, financial measures prepared in accordance with GAAP.
https://www.avient.com/sites/default/files/2020-07/avient-abac-english-200720.pdf
Our Responsibility
All Avient officers, associates, and third parties acting
on behalf of Avient are responsible for understanding
and complying with this Policy and each of them has an
obligation to:
• Be familiar with applicable aspects of the Policy and
communicate them to subordinates
• Ask questions if the Policy or action required to be
taken in a particular situation is unclear
• Properly manage and monitor business activities
conducted through third parties
• Be alert to indications or evidence of possible
wrongdoing
• Promptly report violations or suspected violations
through appropriate channels
ABAC Laws make it unlawful for any company or person to
offer, promise, pay or authorize the payment of anything
of value to any individual2 to help keep or secure business
or obtain some other improper business advantage.
subject=
http://avient.ethicspoint.com
5
Quick Reference: ABAC DOs AND DON’Ts
DO
✓ Know that Avient prohibits any form of bribery and corruption and does not allow facilitation payments
✓ Be familiar with applicable aspects of our ABAC Policies and communicate them to subordinates and third parties
✓ Ask questions if the Policies or actions required to be taken are unclear
✓ Promptly report violations or suspected violations to your supervisor, the Legal Department or the Ethics Hotline
✓ Know that “value” is not necessarily measured in monetary terms
✓ Know that bribes can include the following:
• Cash and cash equivalents (gift cards or gift certificates)
• Gifts, entertainment and hospitality where there is no clear business purpose or they are in excess of business needs
• Payment of travel expenses or vacations
• Paying a government official to ignore an applicable customs requirement or to accelerate a tax refund
• Personal services, favors, and loans
• Offers of employment or other benefits to a family member or friend of the individual who has influence
• Political party and candidate contributions
• Charitable donations and sponsorships
• Other less obvious items include in-kind contributions, investment opportunities and favorable or steered
subcontracts
✓ Know that the prohibition applies whether an item would benefit the individual directly or another person, such as a
family member, friend or business associate
✓ Keep books, records, and accounts in reasonable detail, and accurately and fairly reflect the transaction
✓ Conduct due diligence on agents, distributors, and other third parties prior to engagement and during the
relationship and obtain Legal Department approval
✓ Properly manage and monitor business activities conducted through third-parties
DON’T
x Offer, promise, pay, or authorize the payment of anything of value to any government official and/or private sector
employees to help Avient obtain or keep business or secure some other improper business advantage.
Francisco
Nakasato, 1700
13295-000 Itupeva
Sao Paulo, Brazil
Telephone: +55 11 4593 9200
Europe
Pommerloch, Luxembourg
19 Route de Bastogne
Pommerloch, Luxembourg,
L-9638
Telephone: +352 269 050 35
Fax: +352 269 050 45
www.avient.com
http://www.avient.com
https://www.avient.com/news/advanced-technologies-and-sustainable-material-innovations-avient-debut-chinaplas-2024
Mevopur™ Healthcare Colorants and Formulations: a range of medical grade concentrates and pre-colored formulations for a wide range of polymers used in applications such as remote patient monitoring, circulating blood contact, and invasive devices, with pre-tested biocompatibility according to ISO 10993, change control in place, production certified to ISO 13485-2016 and DMF/MAF files available
https://www.avient.com/sites/default/files/2019-12/Fermium_IR_Deck_12.16.19_for_Website.pdf
PolyOne’s chief operating decision maker uses these financial measures to
monitor and evaluate the ongoing performance of the Company and each
business segment and to allocate resources.
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation
to continue for years
Expand ROIC while increasing invested capital
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating
organic growth
SERVICE:
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 28
T A L E N T D E V E L O P M E N T
PolyOne Corporation 29
Leadership Program Participants
2012
2013
2015
47
86
2016
125
169
412
Campus Hires
2008
2011
2017
25
47
PolyOne LSS Blackbelts
2008
2011
67
247
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
IQ DESIGN LABS
PolyOne Corporation 30
Material
& Color
Expertise
Manufacturing
Expertise
3
14
Industrial designers
$0
$10M
$4M
$80M
Opportunity funnel New business revenue
LSS CUSTOMER FIRST
PolyOne Corporation 31
Customer Projects
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 32
Enables validation of fit and function
Shortens design cycle and time to market
Avoids tooling rework
Drives innovation
Delivers substantial customer value
PolyOne Corporation 33
From concept to production
99.9%
Reduction in
turnaround time
Traditional Timeline
up to 24 weeks
PolyOne ColorMatrix
Select™
6 hours
Innovative system for processors and OEMs to develop colors in real time
Complete system that provides customers with the freedom to match,
prototype and produce color entirely within their own facility
C O L O R M A T R I X S E L E C T ™
“Being able to create color and produce parts in 1 day is unheard of in this industry”
-CEO, Industry Leader
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 34
SEGMENT HIGHLIGHTS
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 35
Solid
Colorants
Performance
Screen
Printing Inks
Liquid
Colorants
32%
Textiles
Wire &
Cable
Building & Construction
9%Consumer
7%
Appliances
Electrical & Electronics
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 8 R E V E N U E | O V E R $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
8.0%
10.0%
12.0%
14.0%
16.0%
20
30
40
50
60
70
80
100
110
120
130
140
150
160
170
PolyOne Corporation 36
Europe
35%
United
States
45%
Mexico
South
America
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 37
Engineered
Formulations
Advanced
Thermoplastic
Elastomers
28%
18%
Electrical & Electronic
Building &
Construction
16%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
P R O F O R M A 2 0 1 8 R E V E N U E | $ 7 5 0 M I L L I O N *
PolyOne Corporation 38
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
8.0%
10.0%
12.0%
20
30
40
50
60
70
80
Europe
28%
United
States
46%
24%
*Pro-Forma including Fiber-Line
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 39
27%
23%
18%
Electrical &
Electronics
Building &
$20
$25
$63
$71
2.9%
5.9%
5.6%
1.0%
3.0%
5.0%
7.0%
15
25
35
45
55
65
75
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.avient.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 40
Performance
Polyethylene
Pigments
TiO2
Styrenic Block
Copolymer 7%
Nylon
Polypropylene
Plasticizers
4%
Dyestuffs
Other Raw
Materials
32%
$900 million of raw material purchases estimated in 2019 excluding Distribution business
Note: All figures exclude PolyOne Distribution business and divested PP&S business
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 41
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
Non-GAAP financial measures have
limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.
https://www.avient.com/investor-center/news/avient-appoints-ashish-k-khandpur-chief-executive-officer-effective-december-1-2023
For more information, visit https://www.avient.com.
https://www.avient.com/news/avient-showcases-new-sustainable-solutions-and-recent-compliance-certifications-itma-2023
For more information, visit https://www.avient.com.
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources.
We also monitor earnings (defined as net income from continuing operations) before interest,
taxes, depreciation and amortization (EBITDA) and adjusted EBITDA (EBITDA before the impact of special items) as a
supplement to our GAAP measures.
Non-GAAP financial measures have limitations as analytical tools and
should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.
https://www.avient.com/sites/default/files/2020-10/auto-injector-application-study.pdf
All auto-injector designs and renderings in this
presentation were produced by Avient Design for
conceptual purposes
Avient Corporation 3
Focus on Patient Journey Self Management & Self
Administration
Technology Driven
Monitoring & Diagnostics
Increased Drug Volumes Large Molecule Biologics Faster Injections
Trends
Patient and drug development
needs are evolving at a rapid
pace.
Smart health devices improve patient
medication adherence and monitoring
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Webcast Details
The webcast can be viewed live at avient.com/investors, or by clicking here: https://edge.media-
server.com/mmc/p/p4owuchb.
Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or
solely as alternatives to, financial measures prepared in accordance with GAAP.
Non-GAAP financial measures have
limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures
prepared in accordance with GAAP.