https://www.avient.com/sites/default/files/lisakunkle_0.pdf
Kunkle is experienced in merger and acquisition transactions and has provided
counsel on executive and director compensation programs, takeover preparedness, corporate
governance, corporate compliance issues and more.
Kunkle serves on the Board of Trustees for Cleveland State University, Magnificat High
School and the Cleveland Leadership Center.
She attended the Executive Education Program
at The Wharton School, University of Pennsylvania, in the Fall of 2011.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Patterson served in leadership roles at Novelis, Inc., an
aluminum rolled products manufacturer, and SPX
Corporation, a multi-industry manufacturer and
developer, after starting his career at Arthur Andersen
LLP.
CORPORATE GOVERNANCE
17
Board Leadership Structure
Mr.
The Board believes that its leadership structure supports the risk oversight function of the Board, but that the
risk oversight function otherwise has no effect on the Board’s leadership structure.
https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
All Rights Reserved
2024
Strategic drivers
Digital
for operational excellence
and growth
Amplify
innovation
Portfolio
prioritization
Leadership, talent
and culture
for the Avient of the future
Copyright © .
All Rights Reserved
2024 24
Redesigning organizations & compensation to drive strategy
Compensation
• Designed a new
compensation plan
directly to
our strategy execution
CAI
Colors,
Additives
and Inks
SEM
Specialty
Engineered
Materials
R&D
Research and
Development
New business
development
& marketing excellence
• New SVP hired
• Reorganized under a single global leadership
eliminated structure and complexity
“play to win”
focused organizations for growth vectors
up front
• New CTO hired
Copyright © .
Prioritizing and expediting development and commercialization of high-growth functional additives
2.
https://www.avient.com/sites/default/files/2024-05/4b - Governance and Corporate Responsibility Committee Charter.Feb_. 2024.v1.1.Final_.pdf
General Purposes
The general purposes of the Committee are to:
• Identify individuals qualified to become Board members, consistent with criteria approved
by the Board;
• Select, or recommend that the Board select, the director nominees for the next annual
meeting of shareholders;
• Develop, review and recommend to the Board corporate governance guidelines applicable
to the Company;
• Oversee the annual evaluation of the Board; and
• Assist the Board in fulfilling its oversight responsibilities relating to certain corporate
responsibility and environmental, social and governance matters.
These factors may include, among others:
business or professional experience; knowledge and skill in certain specialty areas such as
2
accounting and finance, international markets, physical sciences and technology, or the
specialty materials industry; personal characteristics such as ethical standards, integrity,
judgment, leadership, and the ability to devote sufficient time to the affairs of the
Company; substantial accomplishment with demonstrated leadership capabilities; freedom
from outside interests that conflict with the Company’s best interests; the diversity of
backgrounds and experience they will bring to the Board, including diversity with respect
to race, gender, national origin, ethnicity, nationality, and sexual orientation, as well as
differences in viewpoint, background and skill; and the needs of the Company from time
to time
Corporate Responsibility
• Provide oversight and guidance with regard to how the Board and management evaluate
and integrate corporate responsibility and sustainability matters into the Company’s
business strategy and decision-making, including overseeing risks relating to the
Company's programs, policies, and practices on sustainability and environmental, social, and
governance matters, by receiving regular updates from management, as well as reviewing
reports on corporate responsibility and/or sustainability published by the Company.
https://www.avient.com/sites/default/files/2025-04/Governance and Corporate Responsibility Charter March 2025 Final and Approved.pdf
General Purposes
The general purposes of the Committee are to:
Identify individuals qualified to become Board members, consistent with criteria approved
by the Board;
Select, or recommend that the Board select, the director nominees for the next annual
meeting of shareholders;
Develop, review and recommend to the Board corporate governance guidelines applicable
to the Company;
Oversee the annual evaluation of the Board; and
Assist the Board in fulfilling its oversight responsibilities relating to certain corporate
responsibility and strategic environmental, social and governance matters.
These factors may include, among others:
business or professional experience; knowledge and skill in certain specialty areas such as
accounting and finance, international markets, physical sciences and technology, or the
specialty materials industry; personal characteristics such as ethical standards, integrity,
2
judgment, leadership, and the ability to devote sufficient time to the affairs of the
Company; substantial accomplishment with demonstrated leadership capabilities; freedom
from outside interests that conflict with the Company’s best interests; the unique
backgrounds and experience they will bring to the Board, including differences in
viewpoint, background and skill; and the needs of the Company from time to time.
Corporate Responsibility
Provide oversight and guidance with regard to how the Board and management evaluate
and integrate corporate responsibility and sustainability matters into the Company’s
business strategy and decision-making, including overseeing risks at a strategic level
relating to the Company's programs, policies, and practices on sustainability and
environmental, social, and governance matters, by receiving regular updates from
management, as well as reviewing reports on corporate responsibility and/or sustainability
published by the Company.
https://www.avient.com/sites/default/files/resources/Innovation%2520Day%2520-%2520May%25202014.pdf
Patterson
President and Chief Executive Officer
PolyOne Corporation Page 5
PolyOne Leadership
Name Title Name Title
Stephen D.
Christopher
Murphy
Vice President of Research
and Development,
Chief Innovation Officer
Michael A.
Christopher Murphy
Vice President, Research and Development
Chief Innovation Officer
PolyOne Corporation Page 22
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy
to recycle a pound of plastic
versus a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 23
Decreasing
Dependence on
Fossil Fuels
Globalizing
and Localizing
• Aging
population
• Longer life
expectancy
• Healthy living
• Aging in place
• Environmental
consciousness
• Alternative
energy
• Resource
efficiency
• Biotechnology
• Global
leader/local
expert with
customized
solutions
• Global OEMs
seeking one
standard of
service
everywhere
• Efficiency focus
• Reduced
size/weight
• Mass transit
• Alternative
materials
• Electric
vehicles
Protecting the
Environment
Improving
Health and
Wellness
Alignment with Megatrends
PolyOne Corporation Page 24
Innovation Drives Earnings Growth
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
PolyOne Corporation Page 25
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
PolyOne Corporation Page 26
Recent Innovations
Aligned with Megatrends
in Key End Markets and
2015 Goals
Robert M.
https://www.avient.com/company/policies-and-governance-0/copyright-legal-disclaimer
Avient may make improvements and/or changes in the products and/or the programs described in these publications at any time without notice.
Further, Avient shall be free to use any ideas, concepts, know-how or techniques contained in such information for any purpose whatsoever including, but not limited to, developing, manufacturing and marketing products incorporating such information.
https://www.avient.com/news/polyone-helps-schneider-electric-satisfy-global-demand-affordable-sustainable-light-and-power
– PolyOne GLS Thermoplastic Elastomers today announced its collaboration with Schneider Electric and Mobiya, a part of Schneider Electric’s Business, Investment and People for the Bottom of the Pyramid (BipBop) program.
PolyOne’s collaborative technical support and material innovations helped Schneider Electric accelerate development of its concept – providing affordable light and power to people who do not have access to clean, safe and sustainable energy.
https://www.avient.com/news/polyone-showcases-continuous-fiber-composite-materials-camx-2018
These innovative materials, together with PolyOne’s technical know-how and design insight, enable our customers to develop strong, lightweight, and durable products, from concept phase to finished component, across a wide range of markets and applications.”
In addition to the exhibit, PolyOne experts will present six technical and educational sessions highlighting advances in materials, processing, and testing technologies as part of the CAMX conference program.
https://www.avient.com/news/polyone-onflex-lo-tpes-awarded-low-voc-technology-improves-automotive-interior-experience
SHANGHAI, China – PolyOne today announced that OnFlex™ LO thermoplastic elastomers (TPEs) have received a 2016 China Industry Development and Innovation Award, from Automobile & Parts magazine, an influential industry journal.
Automobile & Parts magazine initiated this awards program in 2013 to encourage and promote innovation in the automotive industry.