https://www.avient.com/resources/safety-data-sheets?page=4787
X S100B UV Red
X GT-19890-1B
X 600 A White
https://www.avient.com/resources/safety-data-sheets?page=4437
X MB201 F-1
X MB201 F-2
X MB201 F-3
https://www.avient.com/resources/safety-data-sheets?page=7109
X HC-451651A-1
X HC-451651A-2
X HC-451651A-3
https://www.avient.com/resources/safety-data-sheets?page=4331
X GT-13791-1B
X GT-13791-1C
X HC 188477#SR-13675 Blue
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Jefferies%2520Conference%2520-%25208%253A7%253A2018.pdf
Investor Day
P O L Y O N E
I N V E S T O R
P R E S E N T A T I O N
A U G U S T 2 0 1 8
F O R W A R D L O O K I N G S T A T E M E N T S
PolyOne Corporation 2
•
•
•
•
•
•
•
•
•
U S E O F
N O N - G A A P
M E A S U R E S
PolyOne Corporation 3
•
•
•
V I S I O N
PolyOne Corporation 4
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
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
Excellence
Commercial
Excellence
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
specialized polymer
materials, services
and solutions
S A F E T Y F I R S T
PolyOne Corporation 5
1.3
1.1 1.1
0.85
0.65
0.57
0.54
0.97
0.84
0.74 0.74
0.69
0.57
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
YTD
Injuries per 100 Workers
Spartech
Acquisition
PolyOne Corporation 6
P O L Y O N E
2 0 1 7 R E V E N U E | $ 3 . 2 B I L L I O N
Transportation
18%
Industrial
16%
Consumer
12%
Packaging
11%
Healthcare
11%
Wire & Cable
9%
Appliance
5%
United States
59%
Europe
14%
Asia
10%
Latin
America
9%
Canada
8%
PolyOne
Distribution
34%
Performance Products &
Solutions 21%
Specialty
Engineered
Materials
19%
Color
Additives &
Inks 26%
Segment End Market Geography
Building &
Construction
12%
Electrical &
Electronics
6%
2009 2010 2011 2012 2013 2014 2015 2016* 2017*
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
PolyOne Corporation 7
8
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
2006 2017
“Where we were” “Where we are”
ROIC** 5.0% 14.0%
Operating Income
% of Sales
Color, Additives & Inks 1.7% 15.5%
Specialty Engineered
Materials
1.1% 12.1%
Performance Products
& Solutions
4.3% 10.7%
Distribution 2.6% 6.3%
A D J U S T E D E P S E X P A N S I O N
S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H
PolyOne Corporation 8
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
Double digit
annual EPS
growth
strategic acquisitions
Innovate
600K-1M
commercial
resources 6-8%
Double acquired
margins
Lean Six Sigma
commercial excellence
531
689130
157
504
633
2014 Q2 2018
R&D / Technical Marketing Sales
PolyOne Corporation 9
Increased commercial headcount
+ 28%
+ 18%
+ 23%
Generating opportunities
35%
25%
1,000
$1.0B
Enhancing efficiency
8%
20%
I N V E S T M E N T I N C O M M E R C I A L R E S O U R C E S D R I V I N G G R O W T H
Lead
Specialists
T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P
PolyOne Corporation 10
Expanded Path
Traditional Path
Strategic Accounts/
Field Sales
Business
Development
Customer
Service
Web and Social
Media
Inside Sales
PolyOne Corporation 11
Investments in digital and dedicated inside sales to
improve customer experience
80% increase in leads (from 6,000 to 11,000) driven
by website, phone, and online chat
E X P A N D E D P A T H
A D D I N G C U S T O M E R T O U C H P O I N T S
4
21
2014 2017
Inside sellers
$11M
$88M
2014 2017
Inside sales/digital revenue
N E W R E S O U R C E S F U E L I N G T H E F U T U R E
PolyOne Corporation 12
P O L Y O N E
S A L E S
F U N N E L
+34%
2014
$3.0 billion
2017
$4.0 billion
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
PolyOne Corporation 13
Facilitate
alternative
energy
solutions
Light-
weighting
Reduce
packaging
materials
Improve
recyclability
Reduce
spread of
infection
I N N O V A T I O N
PolyOne Corporation 14
Customization
55%
M&A
30%
Innovation
Pipeline
15%
Innovation comes from Research & Development Spend
Vitality Index
12%
38%
2006 2017
$20
$52
2006 2017
Transformational
Adjacent
Core
3 H O R I Z O N S O F D E V E L O P M E N T
PolyOne Corporation 15
Market
Technical
I N N O V A T I O N
I N N O V A T I O N P I P E L I N E
PolyOne Corporation 16
PrototypeFrame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
(since 2015)
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
8
5
6
2 1
15 4
10
5
11
4
5
7
Breakthrough
Platform
Derivative
F L A M E
R E T A R D A N T
P O L Y M E R S
A D V A N C E D
C O M P O S I T E S
B A R R I E R
M A T E R I A L S
C O L O R A N T
T E C H N O L O G I E S
T H E R M O P L A S T I C
E L A S T O M E R S
I N N O V A T I O N S P O T L I G H T :
C O M P O S I T E S
PolyOne Corporation 17
C O M P O S I T E S R E F R E S H E R
PolyOne Corporation 18
Fiber
Polymer
Composite
S T R A T E G I C I N V E S T M E N T H I S T O R Y
Thermoplastic Composites
Long Fiber Reinforced Thermoplastics
Continuous Fiber Thermosets
Long Fiber Reinforced Thermoplastics
Continuous Fiber Thermosets
2012 2015 20162009 2011 2018
PolyOne Corporation 19
C O M P O S I T E S I N T R A N S P O R T A T I O N
PolyOne Corporation 20
W A T E R C R A F TR A I L H E A V Y T R U C K
PolyOne Corporation 21
Safety Technology Geography Service FinancialPeople
8-10% with
ability to double
I N V E S T - T O - G R O W M & A S T R A T E G Y
PolyOne Corporation 22
Capture
sourcing
synergies
Cross-sell
& blend
technology
8-10%
operating
margins
I N V E S T - T O - G R O W M & A P L A Y B O O K
Protect
customers
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
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
S E R V I C E :
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 29
T A L E N T D E V E L O P M E N T
PolyOne Corporation 30
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2018
125
169
315
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2018
0
67
220
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
I Q D E S I G N L A B S
PolyOne Corporation 31
Material
& Color
Expertise
Manufacturing
Expertise
3
14
2014 2017
Industrial designers
$0
$7M
2014 2017
$4M
$40M
2014 2017
Opportunity funnel New business revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 32
Customer Projects
2014 2017
2 85
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 33
PolyOne Corporation 34
M O N T H M O N T H
M O N T H M O N T H
M O N T H M O N T H
99.9%
up to 24 weeks
6 hours
C O L O R M A T R I X S E L E C T ™
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 35
S E G M E N T H I G H L I G H T S
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 36
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
27%
Industrial
14%
Textiles
12%
Building &
Construction
10%
Wire & Cable
10%Transportation
8%
Consumer
7%
Healthcare
6%
Electrical &
Electronics
3%
Appliance
3%
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 7 R E V E N U E | $ 8 9 3 M I L L I O N
$4
$25
$104
$139
0.9%
5.5%
12.2%
15.5%
2005 2009 2013 2017
PolyOne Corporation 37
Europe
32%
United
States
46%
Asia
15%
Canada
1%
Mexico
4%
Brazil
2%
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 38
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Consumer
20%
Transportation
19%
Wire & Cable
13%
Healthcare
11%
Industrial
8%
Packaging
7%
Appliance
4%
Building &
Construction
3%
Electrical &
Electronics
15%
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 7 R E V E N U E | $ 6 2 4 M I L L I O N
PolyOne Corporation 39
$21
$57
$76
0.1%
5.1%
9.3%
2005 2009 2013 2017
Europe
28%
United
States
48%
Asia
22%
Canada
2%
12.1%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 40
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
Construction
30%
Industrial
18%
Transportation
16%
Wire & Cable
15%
Appliance
7%
Packaging
5%
Consumer
5%
Electrical &
Electronics
3%
Healthcare
1%
Asia
2%
United
States
77%
Mexico
5%
Canada
16%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 7 R E V E N U E | $ 7 2 1 M I L L I O N
$40
$33
$56
$77
4.6%
3.6%
7.2%
10.7%
2005 2009 2013 2017
PolyOne Corporation 41
$886 $668 $773 $721Sales
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 42
Transportation
23%
Healthcare
22%
Industrial
18%
Consumer
15%
Appliance
7%
Electrical &
Electronics
6%
Building &
Construction
4%
Packaging
3%
Wire & Cable
2%
$20
$25
$63
$73
2.9%
4.0%
5.9%
6.3%
2005 2009 2013 2017
Operating Income & Margin2017 Revenue | $1.2 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 43
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Luxury Packaging
GravitechTM Density Modified Polymers
Optimize Color Usage
OnColorTM Super Concentrates
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants
Smart Home Devices
ResilienceTM Vinyl Solutions
�
� �������� � � ��
�
� �� �
��
��� ����� ��
� ��� ������ ��
��� ���
�� ��� ��� !"
�) ��$) ��*
$�� �&�� &.� �(
$* ��/ ��� �8�@
ABBCD
ABEBD
ABEED
ABEAD
ABEFD
ABEGD
ABEHD
ABEI
ABEJ
K LMN OPQRLS TQ
RPQOMN OUN OVQWL
TXMN QOYXMM TNZ UM
XZ[ L
M Q\ Q[ ]^ OLPQ
RRQOY_ XTL_ Q[̀ L
TY
a bcd ef
a bgh eg
a bgi ej
a gi ei
a kj ec
a fl ec
a bjj ed
a bdd ej
a bfi eg
m QN OM nLOM UTLLo
UNM ]LXTON OVY pX
SM LTM Xq
rbk ecs
rbj efs
ri efs
t
t
t
t
t
t
u WLPN X[NM LRY pZ L
S QTLM Xqv wx
rjl efs
hj ehr
jl ebs
gg eb
jd eib
dj eh
lf ed
hi el
ih ek
u WLPN X[NM LRY pM
XqXỳ UYM RLOM Yv w
x
rhf ehs
rkd efs
rhj efs
rbl eks
rbi efs
rfi efs
rgl efs
rbg eks
rhj els
z̀y UYM L` OLMN OP
QRLS TQRPQOMN O
UN OVQWLTXMN QOY
XMM TNZ UM XZ[ LM Q\
Q[ ]^ OLPQRRQO
Y_ XTL_ Q[̀ LTY
a bb el
a dg ei
a fd ek
a lk eg
a bhd ed
a bdl eg
a bfi eg
a bfj ei
a blb ed
{N[ UM L` Y_ XTLY
ki ej
kd ec
kj ei
lk el
kd eg
ki eg
ll ef
lj ed
lh eb
z̀y UYM L|̀\u XM
M TNZ UM XZ[ LM Q\ Q
[ ]^ OLPQRRQO
Y_ XTL_ Q[̀ LTY
a c ebi
a c edl
a c elh
a b ecc
a b eib
a b elc
a b ekd
a h ecd
a h ehb
}~� �� ��� ��� ������ ���
��� ������������ ��
� ���� ������ �������
������� ������ �� ��
� ����� ��� ��� ������� �
� ������ ��������� ��
��� ��� �� � ��� ������ ���
� ������� ������� ����
�� �� ��������� ��� �� �
���� ���� ���� ���� ���
�� ��� �������� �� ��� �
������� ��� ��� ��� �� ��
�� ��� ������� ����� �� �
��� ���� ��� ������ ����
������� ��� ���� ����
��� ����� ��� ���� ���� �
� ���� ���� ������ �� ��
������� ����� �� ���� ��� �
�� ������ ���� �������
������ ��������� �����
������� ������ ��������
��� ���
��������� ��� ���� ���
������� ��� ��� ����� �
����� ���� � �������� �
��������� ���������
�� �������� ���� ����� �
����� �� � ����� �� ��
��� ���� ������� �� ��
���� ��� ���� �� ��� ����
�� ������������ ���
�� ��� ������ ����� ���
���� ������ �� �������
� ������� �� ������ ��� �
�
���� � ��� ��� �������� ��
��� ��� �� ��� ��������
�������� ����� �� ��� �
� ������� ����� ������
���� ���� ����� ���� �
���������� ������ ���
������ ��� ������ ����
� ������� ��� ��� ������
� �� �� ���� �������
����� �� ����� ���� ���
�� ������ �������� ��
���� ���������� ���� ��
��
�� ������ �������� �����
�� ���� �� ��� ��������
���� �� ��� �����������
���� ��� ������ ����� ��
� ��� ��� ��� �������
����� ��� �������� ��� �
�� ������������� �
��� ����� ����������
� �� ���� ��� �� ���� ����
���� ���� ��������� �
��� ��� �� �� ������ ���
������ ����� ��� �� ���
�
��� ������� ������
���� �� ������ ���� ����
���� �� ������ � �¡ ����
��� ���� �� ��� �� ��� �
���� ��� ��������� ��
����� ������ ��� ��� ��
���� ���� ��� ��� ��
�� ������������� �� �
����� �� �� �������� ���
����������� �� �����
� ������ ����� ���� ��
��� �������� ��� ���� �
�
8.1.18 Investor Presentation V1.pdf
Non-GAAP Reconciliation - July 2018 (004).pdf
https://www.avient.com/resources/safety-data-sheets?page=2622
X XT-TR1-161450402
X XT-TR1-161450405
X GT-16382-01-2
https://www.avient.com/resources/safety-data-sheets?page=5299
X ET9800-0000 NAT
X LB9800-0001 AR
X GT-26456-001-1
https://www.avient.com/resources/safety-data-sheets?page=4886
X GT-21918-1A (PA12)
X GT-21918-1B (PC)
X GT-21918-1C (PPS)
https://www.avient.com/resources/safety-data-sheets?page=4725
X MF-17615-001-2 Natural
X GT-18777-1-1
X GT-18777-1-2
https://www.avient.com/resources/safety-data-sheets?page=4338
X GT-13327-1A Black
X GT-13563-1A
X GT-13563-1B