https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Wells%2520Fargo%252005%252008%25202014%2520w%2520non%2520GAAP.pdf
Use of Non-GAAP Measures Page 3 PolyOne Commodity to Specialty Transformation • Volume driven, commodity producer • Heavily tied to cyclical end markets • Performance largely dependent on non- controlling joint ventures 2000-2005 2006 - 2009 2010 – 2014 2015 and beyond • Steve Newlin appointed, Chairman, President and CEO • New leadership team appointed • Implementation of four pillar strategy • Focus on value based selling, investment in commercial resources and innovation to drive transformation • 18 consecutive quarters of double- digit adjusted EPS growth • Shift to faster growing, high margin, less cyclical end markets • Key acquisitions propel current and future growth, as well as margin expansion • Established aggressive 2015 targets • Continue specialty transformation • Targeting $2.50 Adjusted EPS by 2015, nearly double 2013 EPS • Drive double digit operating income and adjusted EPS growth Confirmation of Our Strategy The World’s Premier Provider of Specialized Polymer Materials, Services and Solutions Specialization Globalization Operational Excellence Commercial Excellence -150.00% -50.00% 50.00% 150.00% 250.00% 350.00% 450.00% PolyOne S&P 500 Russell 2000 Dow Jones Chemical All time high of $39.28 April 4th, 2014 • 18 consecutive quarters of double digit EPS growth • 49% CAGR adjusted EPS expansion 2006-2013 • 2013 stock price increased 73% versus 30% growth in the S&P • More than seven fold increase in market cap: $0.5b $3.6b Strategy and Execution Drive Results Page 6 Appliance 4% Building & Construction 13% Wire & Cable 9% Electrical & Electronics 5% Consumer 10%Packaging 16% Industrial 12% HealthCare 11% Transportation 18% Misc. 2% 0.12 0.27 0.21 0.13 0.68 0.82 1.00 1.31 2.50 $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 $2.50 2006 2007 2008 2009 2010 2011 2012 2013 2015 Target Ad ju st ed E ar ni ng s P er S ha re 2013 Revenues: $3.8 Billion End Markets 2013 Revenues: $3.8 Billion EPS Page 7 PolyOne At A Glance United States 67% Europe 14% Canada 7% Asia 6% Latin America 6% Specialty 54% PP&S 18% Distribution 28% Mix Shift Highlights Specialty Transformation Page 8 Old PolyOne Transformation *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 64% 0% 20% 40% 80% 2005 2008 2010 2013 Q1 2014 2015 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 65-75% Specialty OI $5M $46M $87M $195M $60M Target 2015 Target Proof of Performance & 2015 Goals Page 9 2006 Q1 2014 2015 “Where we were” “Where we are” Target 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 13.8% 12 – 16% Global Specialty Engineered Materials 1.1% 11.6% 12 – 16% Designed Structures & Solutions -- 6.5% 8 – 10% Performance Products & Solutions 5.5% 7.7% 9 – 12% Distribution 2.6% 6.1% 6 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 64% 65 – 75% 3) ROIC* (after-tax) 5.0% 9.4% 15% 4) Adjusted EPS Growth N/A 42% Double Digit Expansion *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Bridge to $2.50 Adjusted EPS by 2015 2015 EPS: $2.50 2013 EPS: $1.31 Continued Gross Margin Expansion Mergers & Acquisitions Spartech Accretion Incremental share buybacks Ongoing LSS Programs (50-100 bps/yr) Accelerated Innovation & Mix Improvement Several Levers to Drive Growth Mid single digit revenue CAGR Innovation Drives Earnings Growth $20.3 $52.3 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* *Percentage of Specialty Platform revenue from products introduced in last five years Page 11 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 42.0% 2006 Q1 2014 Healthcare Consumer Packaging and Additive Technology Transportation Page 12 Unique and Innovative Solutions https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG 60% 100% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 2014 Pension Funding** As of 2014年3月31日 Debt Maturities & Pension Funding – 3/31/14 Net Debt / EBITDA* = 1.9x $48 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Debt Maturities As of 2014年3月31日 ($ millions) Coupon Rates: 7.500% 7.375% 5.250% ** includes US-qualified pension plans only *TTM 3/31/2014 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return $0.16 $0.20 $0.24 $0.32 $0.10 $0.20 $0.30 $0.40 2011 2012 2013 2014 Annual Dividend Expanding our sales, marketing, and technical capabilities Investing in operational and initiatives that drive profitability growth Manufacturing realignment Targets that expand our: • Specialty offerings • End market presence • Geographic footprint • Operating Margin Synergy opportunities Adjacent material solutions Repurchased 1.4 million shares in Q1 2014 Repurchased 6.4 million shares since April 2013 13.6 million shares are available for repurchase under the current authorization Organic Growth Acquisitions Share Repurchases Dividends The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2020-08/fiber-solutions-business-unit-overview-2020.pdf
COMMITMENT TO RECORD RETENTION Formulations and yarn samples of every lot of production are archived and retained for 2 to 5 years to ensure traceability. Knowsley, Merseyside, L34 9GT Unity Grove, Knowsley Business Park Liverpool, United Kingdom Phone: +44 151 632 8800 IQAP Masterbatch Group Headquarters & Factory Carretera de Vic a Olot (C153) km.5 08510 Masies de Roda Phone: +34 938 500 066 PolyOne Luxembourg S.à r.l 19 Route de Bastogne L9638 Pommerloch, Luxembourg Phone: +35 226 905 035 Asia/Pacific Magenta Master Fibers Co., Ltd.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
North Haven, Connecticut 5. Cergy, France 5. Merate, Italy 5.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
North Haven, Connecticut 5. Cergy, France 5. Merate, Italy 5.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
5) Performance shares granted in 2014 reflect a prorated amount in cases of disability or death. 5) Adjusted EPS is calculated as net income, adjusted for special items (as noted in Appendix A), divided by weighted-average diluted shares. B-5 (b) Share Counting Rules.
https://www.avient.com/sites/default/files/2022-07/Avient Announces Second Quarter 2022 Results_1.pdf
AVNT-2022.06.30-News Release 1 NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces Second Quarter 2022 Results • Second quarter sales grew to $1.3 billion, a 5% increase over the prior year quarter, and an all-time quarterly record • GAAP EPS increased 24% to $0.92 compared to $0.74 in the prior year quarter • Adjusted EPS increased 13% to $0.98 compared to $0.87 in the prior year quarter, exceeding second quarter guidance of $0.92. Second quarter sales increased 5% over the prior year quarter to $1.3 billion, and adjusted EPS increased 13% (20% excluding negative foreign exchange) to $0.98.”You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. 5 Non-GAAP Financial Measures The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
https://www.avient.com/sites/default/files/2020-07/avient-abac-germany-200717.pdf
2 Bestechung von Staatsbediensteten 2 Bestechung im Wirtschaftsleben 3 Gefälligkeitszahlungen und Schmiergelder 3 Zusammenarbeit mit Vertretern, Vertriebspartnern und anderen Drittparteien 3 Due Diligence und Genehmigungsverfahren 4 Warnsignale 4 Anforderungen an die Buchführung 4 Meldung möglicher Verstöße 5 Ethik-Hotline von Avient 5 Schutz vor Vergeltungsmaßnahmen 5 Kurzübersicht: Richtige und falsche Handlungsweisen im Zusammenhang mit ABAC 6 1 Unsere globale Richtlinie zur Bekämpfung von Bestechung und Korruption Avient untersagt ausdrücklich Betrug, Bestechung und andere korrupte Geschäftspraktiken bei all seinen Geschäftstätigkeiten weltweit. Alle Mitarbeiter müssen diese Regeln und Verfahren ohne Ausnahme befolgen. 5 Avient untersagt die Einrichtung und die Nutzung von „nicht verbuchten“ Konten oder „schwarzen Kassen“.
https://www.avient.com/sites/default/files/2020-07/avient-abac-netherlands-200721.pdf
2 Omkoping van overheidsfunctionarissen 2 Commerciële omkoping 3 Faciliterende betalingen en smeergeld 3 Werken met vertegenwoordigers, distributeurs en andere derden 3 Due diligence- en goedkeuringsproces 3 Rode vlaggen 4 Vereisten op het gebied van boekhouding en administratie 4 Melden van mogelijke overtredingen 5 Ethische hotline van Avient 5 Bescherming tegen vergelding 5 Snelle verwijzing: ABAC WEL DOEN EN NIET DOEN 6 1 Ons internationale beleid tegen omkoping en corruptie Avient verbiedt ten strengste fraude, omkoping en andere corrupte bedrijfspraktijken bij al onze activiteiten overal ter wereld. Misleidende, onvolledige of valse registraties in de boeken en administratie van Avient zijn nooit acceptabel. 5 Melden van mogelijke overtredingen Elke werknemer die reden heeft om aan te nemen dat er een schending van dit Beleid heeft plaatsgevonden, of kan plaatsvinden, moet zijn/haar zorg onmiddellijk melden aan een of meer van de onderstaande bronnen, zodat er een grondig onderzoek kan worden uitgevoerd
https://www.avient.com/sites/default/files/2020-07/avient-abac-polish-200721.pdf
2 Korumpowanie urzędników państwowych 2 Przekupstwo komercyjne 3 Płatności przyspieszające bieg spraw i nielegalne prowizje 3 Praca z agentami, dystrybutorami i innymi podmiotami zewnętrznymi 3 Analiza due diligence i proces zatwierdzania współpracy 3 Sygnały ostrzegawcze 4 Wymagania dotyczące rachunkowości i prowadzenia dokumentacji 4 Zgłaszanie możliwych naruszeń 5 Infolinia ds. etyki Avient 5 Ochrona przed działaniami odwetowymi 5 Krótkie podsumowanie: PORADNIK ANTYKORUPCYJNY 6 1 Nasza globalna polityka przeciwdziałania łapownictwu i korupcji Avient surowo zabrania stosowania nadużyć finansowych, łapownictwa i innych praktyk biznesowych o charakterze korupcyjnym w ramach naszej działalności gospodarczej w każdym miejscu na świecie. Jeżeli transakcje obejmują płatności na rzecz 5 urzędników państwowych, należy zachować szczególną ostrożność.
https://www.avient.com/sites/default/files/2021-04/existencia-y-represnentacion-avient-colombia-sas.pdf
La importación, exportación y comercialización de equipamiento, maquinaria, repuestos y accesorios con destino a la industria química; 5. Celebrar operaciones de crédito tanto activas como pasivas, suscribir contratos con entidades financieras, suscribir, endosar o negociar títulos valores, suscribir documentos aduaneros o de importación o exportación y celebrar contratos comerciales con personas naturales o jurídicas; 5. Parágrafo primero: El representante legal podrá Página 5 de 11 Cámara de Comercio de Bogotá Sede Virtual CERTIFICADO DE EXISTENCIA Y REPRESENTACIÓN LEGAL Fecha Expedición: 12 de abril de 2021 Hora: 13:04:47 Recibo No.