https://www.avient.com/sites/default/files/resources/Dyersburg%2520IATF%252016949-2016%2520exp%25208-13-2021.pdf
ABS Quality Evaluations
This is to certify that the Quality Management System of:
PolyOne Corporation
Plastics Compounds and Colorants Group
107 Jackson Street
Dyersburg, TN 38024
IATF 16949:2016
The Quality Management System is applicable to:
Certificate No: 39032
Effective Date: 14 August 2018
Expiration Date: 13 August 2021
Issue Date: 17 August 2018
IATF No: 0322936 Alex Weisselberg, President
MANUFACTURE, DESIGN AND SUPPLY OF PROPRIETARY THERMOPLASTIC COMPOUNDS, INCLUDING THE
SUPPLY OF TOLL COMPOUNDING SERVICES
(WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX)
Certificate Of Conformance
has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by:
Page 2 of 2
ABS Quality Evaluations
PolyOne Corporation
IATF 16949:2016
Certificate Of Conformance
ANNEX
At Below Facilities:
Validity of this certificate may be confirmed at www.abs-qe.com/cert_validation.
https://www.avient.com/sites/default/files/resources/US_Norwalk_IATF16949_2020Exp.pdf
ABS Quality Evaluations
This is to certify that the Quality Management System of:
PolyOne Corporation
80 North West Street
Norwalk, OH 44857
U.S.A.
IATF 16949:2016
The Quality Management System is applicable to:
Certificate No: 39913
Effective Date: 30 November 2017
Expiration Date: 29 November 2020
Issue Date: 30 November 2017
IATF No: 0280241 Alex Weisselberg, President
DESIGN AND MANUFACTURE OF COLOR CONCENTRATES
(WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX)
Certificate Of Conformance
has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by:
Page 2 of 2
ABS Quality Evaluations
PolyOne Corporation
IATF 16949:2016
Certificate Of Conformance
ANNEX
At Below Facilities:
Validity of this certificate may be confirmed at www.abs-qe.com/cert_validation.
https://www.avient.com/sites/default/files/2020-08/avient-investor-presentation-jefferies-industrials-conference.pdf
Avient Corporation 1
JEFFERIES VIRTUAL
INDUSTRIALS
CONFERENCE
A U G U S T 2 0 2 0
Avient Corporation 2
FORWARD LOOKING STATEMENTS
Avient Corporation 3
USE OF
NON-GAAP
MEASURES
Avient Corporation 4
UPDATE ON THE
COVID-19 PANDEMIC
Avient Corporation 5
2019 Transportation Consumer
Discretionary
Healthcare Packaging All Other
Industries
Cost
Containment
FX 2020
$64.3 18%
16% 2%
$46.9
SECOND QUARTER 2020 IN REVIEW
Consumer
Discretionary
Avient Corporation 6
CLARIANT MASTERBATCH
STRATEGIC RATIONALE
Avient Corporation 7
FIT W I T H FOUR PILLAR S T R A T E G Y
Specialization
Globalization
Operational
Commercial
People
Avient Corporation 8
2006 2019E PF*
2006 2019E PF*
38%
* 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business
Percentage of Total Revenue
E N D M A R K E T T R A N S F O R M A T I O N
Building & Construction High Growth End Markets
50%
22%
Avient Corporation 9
Electronic
38%
18%Transportation
Building &
Constrution
Electrial &
Electronic
2006 Pro Forma(1)
Net Sales by End Market
E N D M A R K E T T R A N S F O R M A T I O N
Avient Corporation 10
U N I F I E D F O C U S O N S U S T A I N A B I L I T Y
2006 - 2013
2013 – 2019
PEOPLE
PROD UC TS PLANET
PER FOR M A NC E
Avient Corporation 11
O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y
46%
66%
0%
40%
60%
80%
100%
2005 2010 2015 Pro Forma
%
o
f
A
d
ju
s
te
d
E
B
IT
D
A
(
1)
JVs Performance Products & Solutions Distribution Specialty
87%
(2)
Avient Corporation 12
T H E N E W A V I E N T : A S P E C I A L T Y G R O W T H C O M P A N Y
Transaction expected to add $0.85 to pro forma adjusted EPS
Avient Corporation 13
SUSTAINABILITY AT AVIENT
P E O P L E , P R O D U C T S , P L A N E T , P E R F O R M A N C E
Avient Corporation 13
Avient Corporation 14
V I S I O N
To be the world’s
premier provider of
specialized polymer
materials, services and
C O R E
V A L U E S
P E R S O N A L
V A L U E S
Honesty IntegrityRespect
Operational
Commercial
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
specialized polymer
materials, services
and sustainable
Avient Corporation 15
1.3
1.1 1.1
0.85
0.65
0.57
0.54
0.97
0.84
0.74 0.74
0.69
0.51
0.56
0.14
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
YTD
S A F E T Y F I R S T
Injuries per 100 Workers
Spartech
Acquisition
Avient Corporation 16
G R E A T P L A C E T O W O R K
Avient Corporation 17
C O M M O D I T Y T O S P E C I A L T Y T R A N S F O R M A T I O N
2006 - 2013 2013 – 20192000-2005 2006 - 2013
2020 and
Beyond
Avient Corporation 18
A V I E N T
2 0 1 9 R E V E N U E | $ 2 . 9 B I L L I O N
Segment End Market Geography
Wire & Cable
Building &
Electrical &
Electronics
Color
Additives
& Inks
34%
Distribution
41%
Specialty
Engineered
Materials
25%
United States
54%
Latin
America
Avient Corporation 19
Operating Income
% of Sales
Color, Additives &
Inks
1.7% 14.7%
Specialty Engineered
Materials
1.1% 11.6%
Distribution 2.6% 6.3%
2009 2010 2011 2012 2013 2014 2015 2016*2017* 2018
$2.43
P R O O F O F P E R F O R M A N C E
C O N S E C U T I V E
Y E A R S
10
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
A D J U S T E D E P S E X P A N S I O N
2018 2019
$1.69
$1.51
Avient Corporation 20
531
710
1,032
130
164
207
504
663
871
2014 2018 Pro Forma
R&D / Technical Marketing Sales
+ 34%
+ 26%
+ 32%
E X P A N S I O N O F COMMERCIAL RESOURCES D R I V I N G G R O W T H
Revenue in Billions
Total
+ 10%
Organic
+ 7%+ 45%
+ 26%
+ 31%
$4.0
$3.2
(2) (1) (1)
$2.9 $2.9
$3.5
2015 2016 2017 2018 Pro
Forma
Total
+ 9%
Organic
+ 5%
Pro Forma(2)
Avient Corporation 21
P R I O R A C Q U I S I T I O N S H I S T O R Y
Commercial
Resources(1)
Operating
Income
($ in millions)
Operating
Margins
256
350
$36
$100
Established Acquisitions
(> 7 years)
+ 37% + 176% + 1000 bps
Avient Corporation 22
A L I G N I N G W I T H T R E N D S F O R G R O W T H
T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R
Facilitate
alternative
energy
Light-
weighting
Reduce
packaging
materials
Improve
recyclability
Reduce
spread of
infection
Avient Corporation 23
I N N O V A T I O N
Customization
55%
M&A
30%
Innovation
Pipeline
Innovation comes from Research & Development Spend
Vitality Index
37%
$20
$51
Avient Corporation 24
R E V E N U E F R O M S U S T A I N A B L E S O L U T I O N S
$275M
$325M
$355M
$410M 14% Total Annual Growth
9% Organic Annual Growth
Avient Corporation 25
SEGMENT
HIGHLIGHTS
I N N O V A T I N G W I T H A V I E N T
Avient Corporation 25
Avient Corporation 26
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
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
31%
Building & Construction
Appliances
Electrical & Electronics
Avient Corporation 26
Avient Corporation 27
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 9 R E V E N U E | O V E R $ 1 B I L L I O N
34%
United
States
44%
Mexico
South
America
$4
$25
$104
$147
0.9%
5.5%
12.2%
14.7%
Avient Corporation 27
Avient Corporation 28
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
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Wire & Cable*
28%
Electrical & Electronics
Building &
Construction
Avient Corporation 28
Avient Corporation 29
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
2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N
27%
United
States
54%
17%
$21
$57
$87
0.1%
5.1%
9.3%
11.6%
Avient Corporation 29
Avient Corporation 30
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
28%
17%
Electrical &
Electronics
Building &
Operating Income & Margin2019 Revenue | $1.2 Billion
$25
$63
$75
$20
2.9%
4.0%
5.9%
6.3%
Avient Corporation 30
http://www.avient.com/Pages/VariationRoot.aspx
Avient Corporation 31
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
Avient Corporation 31
Avient Corporation 32
Avient Corporation 33
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows:
2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016** 2017** 2018 2018***
Q1
2019*** 2019
Q1
2020
Net income from continuing operations attributable to PolyOne
common shareholders
Joint venture equity earnings, after tax
Special items, before tax
Special items, tax adjustments
Adjusted 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 $ 87.7 $ 22.4 $ 75.5 $ 33.1
(19.0) (14.7) (3.7) — — — — — — — — — — —
(48.7) 24.2 (48.1) 55.1 46.3 164.2 87.6 23.8 32.9 59.5 58.7 12.2 61.7 9.6
(27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (15.9) (24.8) (25.3) (25.1) (1.2) (5.9) (1.0)
$ 11.8 $ 65.3 $ 76.9 $ 89.5 $ 126.6 $ 168.5 $ 173.5 $ 174.3 $ 181.6 $ 195.3 $ 121.3 $ 33.4 $ 131.3 $ 41.7
Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 82.1 80.4 80.4 78.2 77.7 86.7
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 $ 1.51 $ 0.43 $ 1.69 $ 0.48
* 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.
** Pro forma for sale of Designed Structures and Solutions segment (DSS).
*** Pro forma for sale of Performance Products and Solutions segment (PP&S).
Reconciliation to Adjusted EPS Excluding Special Items and Impacts of February 2020 Equity Offering
Three Months Ended
March 31, 2020
Net income from continuing operations – GAAP $ 33.1
Special items, after tax
8.6
After tax interest income earned on equity proceeds, included in Interest expense, net (0.7)
Adjusted net income excluding special items and impact of interest income on equity proceeds $ 41.0
Diluted weighted-average shares used to compute earnings per common share 86.7
Weighted-average impact of 15.3 million shares issued in February 2020 equity offering (9.3)
Diluted weighted-average shares excluding impact of shares issued in February 2020 equity offering 77.4
Adjusted EPS - excluding special items and the net impact of equity offering $ 0.53
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.
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/resources/US_Clinton_RC14001_2020Exp.pdf
ABS Quality Evaluations
Certificate Of Conformance
PolyOne Corporation
1260 Carden Farm Drive
Clinton, TN 33716
U.S.A.
http://www.abs-qe.com/cert_validation
PolyOne Corporation
has been assessed by ABS Quality Evaluations,Inc. and found to be in conformance with the requirements set forth by:
Certificate No: 55287
https://www.avient.com/sites/default/files/resources/US_North%2520Baltimore_RC14001_2020Exp.pdf
ABS Quality Evaluations
Certificate Of Conformance
PolyOne Corporation
733 E.
http://www.abs-qe.com/cert_validation
PolyOne Corporation
has been assessed by ABSQuality Evaluations,Inc. and found to be in conformance with the requirements set forth by:
Certificate No: 55421
https://www.avient.com/sites/default/files/2021-01/amendment-to-articles-commercial-registration-avient-corporation.pdf
Check one box below and provide information as required:
Complete the following information:
Form 540 Prescribed by:
POLYONE CORPORATION
1181191
1701.70(B)(6)
Page 2 of 2Form 540 Last Revised: 06/2019
A copy of the resolution of amendment is attached to this document.
Brown:
Please be advised that the office of the Secretary of State has reviewed your pre-
clearance request for the Certificate of Amendment for PolyOne Corporation.
NOW, THEREFORE, BE IT RESOLVED, that, effective as of the time and date that
the applicable certificate is accepted for filing by the Ohio Secretary of State (the
“Effective Time”), the name of the Company shall be changed from “PolyOne
Corporation” to “Avient Corporation.”
https://www.avient.com/news/archives?page=35
CLEVELAND – June 24, 2020 – PolyOne today launched OnColor™ WC Choice, a new line of cost-effective colorants that reliably achieve the per
https://www.avient.com/sites/default/files/2021-03/2020-climate-change-avient-score-card.pdf
CC_Score_Report_2020
ACTIVITY GROUP PERFORMANCE
Trading, wholesale, distribution, rental & leasing
Your company is amongst 35% of companies that reached Management level
in your Activity Group
A sample of A-list companies
from your Activity Group:
Grupo Logista
PolyOne received a B which is in the Management band.
Leadership (A/A-): Implementing current best practices
Management (B/B-): Taking coordinated action on climate issues
Awareness (C/C-): Knowledge of impacts on, and of, climate issues
Disclosure (D/D-): Transparent about climate issues
UNDERSTANDING YOUR SCORE REPORT
PolyOne
Region North America
Country United States of America
Questionnaire General
Activity Group Trading, wholesale, distribution, rental &
leasing
The CDP Score Report allows companies to
understand their score and indicate which
categories require attention to reach higher
scoring levels.
https://www.avient.com/sites/default/files/2023-03/Cergy-AVIENT LUXEMBOURG-2022-Décret 2021-461 Certfificate.pdf
MAIA+
N° rapport :223-2023-000066-FR 10898066 0.5
jour
Date Début / Fin :04/11/2022 /04/11/2022 PolyOne France - site de Saint Ouen l'Aumône 1 /11
ATTESTATION DE RECONNAISSANCE
Attribué à
PolyOne France - site de Saint Ouen l'Aumône
14 avenue de l'Eguillette / ZA du Vert Galant
95310 - SAINT OUEN L'AUMONE - FRANCE
Bureau Veritas Certification certifie que les prestations de l’entreprise susmentionnée
ont été évaluées et jugées conformes aux caractéristiques énoncées dans le décret
en vigueur à la date d’édition du présent certificat :
Décret n°2021-461 du 16 avril 2021 relatif à la
prévention des pertes de granulés de plastiques
industriels dans l’environnement
Sous réserve du respect des caractéristiques vérifiées, cette attestation est
valable jusqu’au : 16/02/2026
Date originale : 17/02/2023
Attestation n°: 223-2023-000066-FR Date : 17/02/2023
Affaire n°: 10898066
Laurent CROGUENNEC - Président
Adresse de l’organisme certificateur : Bureau Veritas Certification France
Le Triangle de l'Arche - 9 Cours du Triangle - 92937 Paris La Défense
Des informations supplémentaires concernant le périmètre de cette attestation ainsi que
l'applicabilité des exigences du décret peuvent être obtenues en consultant l'organisme.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Better Together: PolyOne and Clariant Masterbatch
Sustainability Report | 2019 6
Our Culture
Core Values
Collaboration.
A majority of our associates have
full time contracts.
102–9 Supply chain Products—Management Approach: Supplier Collaboration
PolyOne 2019 Annual Report—Form 10-K Page 3
102–10 Significant changes to the organization and its supply chain About Avient—Better Together: PolyOne and Clariant Masterbatch
PolyOne 2019 Annual Report—Form 10-K Pages 2 & 16–17
102–11 Precautionary Principle or approach About Avient—Avient’s 4 Ps of Sustainability
PolyOne 2019 Annual Report—Form 10-K Pages 6–10
102–12 External initiatives
About Avient—Who We Are
People—Security, A Great Place to Work
Products—Management Approach: Product Stewardship, Strategic Partnerships
and Alliances
Planet—Eliminating Plastic Waste, Community Service, Community Engagement
Sustainability Report | 2019 90
GRI Standards Content Index
Organizational Profile
102–13 Membership of associations
American Chemistry Council
Plastics Industry Association
Alliance To End Plastic Waste
Operation Clean Sweep
The UK Plastics Pact
PetCore Europe
Association of Plastic Recyclers
Strategy
102–14 Statement from senior decision-maker Message from the CEO
PolyOne 2019 Annual Report—Letter To Our Shareholders
102–15 Key impacts, risks, and opportunities
Products—Innovation: The Lifeblood of a Specialty Organization
Performance—Enterprise Risk Management (ERM)
PolyOne 2019 Annual Report—Form 10-K Pages 6–10
Ethics & Integrity
102–16 Values, principles, standards, and norms of behavior
About Avient—Who We Are
Performance—The Highest Ethical Standards
PolyOne 2019 Annual Report—Creating a World-Class, Sustainable Organization
102–17 Mechanisms for advice and concerns about ethics Performance—Ethics Hotline and Reporting
Governance
102–18 Governance structure
Performance—Board of Directors
People—Management Approach EH&S
PolyOne 2019 Proxy Statement Pages 33–39
102–20 Executive-level responsibility for economic, environmental, and
social topics
Message from the Governance and Corporate Responsibility Committee
Performance—Board of Directors
People—Management Approach EH&S
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Page 34
Sustainability Report | 2019 91
Governance
102–22 Composition of the highest governance body and its committees
Message from the Governance and Corporate Responsibility Committee
Performance—Board of Directors
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Pages 33–39
102–23 Chair of the highest governance body
Message from the Governance and Corporate Responsibility Committee
Performance—Board of Directors
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Pages 33–34
102–24 Nominating and selecting the highest governance body
Performance—Board of Directors
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Pages 37–38
102–25 Conflicts of interest
Performance—Board of Directors
Code of Conduct
102–26 Role of highest governance body in setting purpose, values, and
strategy
Performance—Board of Directors
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Pages33–39
102–27 Collective knowledge of highest governance body
Performance—Board of Directors
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Pages 12–15
102–28 Evaluating the highest governance body's performance
Performance—Board of Directors
PolyOne 2019 Proxy Statement Pages 38–39
102–29 Identifying and managing economic, environmental, and social
impacts
Performance—Board of Directors
People—Management Approach EH&S
GRI Standards Content Index
Sustainability Report | 2019 92
GRI Standards Content Index
Governance
102–30 Effectiveness of risk management processes
Performance—Board of Directors, Enterprise Risk Management
PolyOne 2019 Proxy Statement Page 34
102–31 Review of economic, environmental, and social topics
Performance—Board of Directors, Enterprise Risk Management
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Pages 33–39
102–32 Highest governance body's role in sustainability reporting
Message from the Governance and Corporate Responsibility Committee
Performance—Board of Directors
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Pages 33–39
102–33 Communicating critical concerns
Performance—Board of Directors
PolyOne 2019 Annual Report—Form 10-K Pages 11–13 & 69
PolyOne 2019 Proxy Statement Page 35
Code of Conduct
102–34 Nature and total number of critical concerns PolyOne 2019 Annual Report—Form 10-K Pages 56–57
102–35 Renumeration Policies PolyOne Notice of 2019 Annual Meeting of Shareholders
PolyOne 2019 Proxy Statement Pages 44–56
102–36 Process for determining renumeration PolyOne 2019 Proxy Statement Pages 44–56
102–37 Stakeholders' involvement in renumeration PolyOne 2019 Proxy Statement Page 46
102–38 Annual total compensation ratio PolyOne 2019 Proxy Statement Page 69
Stakeholder Engagement
102–40 List of stakeholder groups Throughout Avient 2019 Sustainability Report
102–41 Collective bargaining agreements PolyOne 2019 Annual Report—Form 10-K Page 4
102–42 Identifying and selecting stakeholders Throughout Avient 2019 Sustainability Report
102–43 Approach to stakeholder engagement Throughout Avient 2019 Sustainability Report
Sustainability Report | 2019 93
Stakeholder Engagement
102–44 Key topics and concerns raised
About Avient—Communities Counting on Avient
People—All Sections
Products—Management Approach: Product Stewardship, Management Approach:
Supplier Collaboration
Planet—All Sections
Reporting Practice
102–45 Entities included in the consolidated financial statements
PolyOne 2019 Annual Report—Form 10-K
Segments included: Color, Additives, and Inks, Specialty Engineered Materials, and
Distribution
102–46 Defining report content and topic boundaries
The information in this report applies to Avient and all owned facilities, joint
ventures, and operating companies globally within the reporting period, unless
otherwise stated.
Data and information from PolyOne's
Performance Products and Solutions segment was not included as it was divested
in 2019.