https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Basic%2520Materials%2520Conference.pdf
Addressable market exceeds $40 billion
Strong performance demonstrates that our strategy and execution
are working
Megatrends and emerging opportunities align with strengths
Innovation and services provide differentiation, incremental pricing
power and competitive advantage
Strategic balance between reinvestment for growth and returning
cash to shareholders
Strong and proven management team driving growth and
performance
14 POLYONE CORPORATION
Segment Highlights
POLYONE CORPORATION 15
2016 Revenue: $0.8 Billion
At a Glance: Color, Additives & Inks
Key Applications
2016 Revenue by Industry Expanding Profits
1.7%
4.6% 5.1%
5.5%
7.2% 8.1%
9.7%
12.2%
14.7%
16.7%
16.0%
20%+
16.6%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1Q
2017
2020
Operating Income % of Sales
United
States
45%
Europe
33%
Asia
15% Latin
America
5%
Canada
2%
Packaging
30%
Industrial
15%
W & C
10%
B & C
10% Textiles
9%
Transportation
9%
Consumer
7%
Healthcare
6%
Appliance
2%
E & E
2%
Platinum
Vision
POLYONE CORPORATION 16
2016 Revenue: $0.6 Billion
At a Glance: Specialty Engineered Materials
2016 Revenue by Industry Expanding Profits
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6%
9.3%
12.1%
14.7%
14.3%
20%+
14.8%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1Q
2017
2020
Operating Income % of Sales
Consumer
19% Transportation
19%
E & E
15%
W & C
15%
Healthcare
11%
Industrial
8%
Packaging
7%
Appliance
3%
B & C
3%
United
States
51%
Europe
27%
Asia
20%
Canada
2%
Key Applications
Platinum
Vision
POLYONE CORPORATION 17
2016 Revenue: $0.4 Billion
At a Glance: Designed Structures & Solutions
2016 Revenue by Industry 2020 Platinum Vision
Transportation
27%
Industrial
21%
Packaging
21%
B & C
11% Healthcare
8%
Consumer
8%
Appliance
3%
E & E
1%
Key Applications
United
States
95%
Canada
5%
Drive operational efficiency with LSS
projects and customer first mentality
Recapture customers by leveraging
PolyOne’s commercial excellence and
service offerings
2020 Operating Margin: 8 – 10%
http://www.google.com/url?
https://www.avient.com/sites/default/files/2024-11/AVNT M11 Investor Presentation_w_Non-GAAP.pdf
FX +8.5%
FX -0.4%
Total Avient +8.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
COLOR, ADDITIVES & INKS SEGMENT
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$487
$522
Q3 23 Q3 24
$89
$97
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
10
+ 7%
(+8% excluding FX)
+ 9%
(+11% excluding FX)
18.3%
+40 bps *18.7%
*
* Adjusted EBITDA Margin %
• Sales growth driven by winning
new product specifications in
consumer & packaging, strong
underlying demand in healthcare
and improving demand in building
& construction
• Favorable mix and raw material
deflation contributed to EBITDA
margin expansion
SPECIALTY ENGINEERED MATERIALS SEGMENT
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$268
$295
Q3 23 Q3 24
$51
$57
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
11
• Sales growth driven by restocking
in healthcare & consumer end
markets and strong underlying
demand for composite
applications used in building &
construction, energy and defense
end markets
• Favorable mix contributed to
EBITDA margin expansion
+ 10%
(+10% excluding FX)
+ 12%
(+13% excluding FX)
19.0%
+40 bps *19.4%
*
* Adjusted EBITDA Margin %
2 0 2 4 G U I D A N C E
FY 20 24 GUIDA NC E
Previous (Aug 6) Current
Adjusted EPS $2.55 to $2.70 $2.63 to $2.67
Adjusted EBITDA $515 to $540 million $525 to $530 million
Interest Expense $105 million $104 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures &
Investment in S/4 Hana
~$140 million ~$140 million
13
14
• Investor Day to be held December 4, 2024 at
the NYSE, beginning at 10AM
• The focus will be to do a deep dive on the
Company’s strategy
• Registration available at
www.avient.com/investors
20 24 AVI ENT INVESTOR DAY
A P P E N D I X
17
Performance
Additives
15%
Pigments
13%
TiO2
9%
Dyestuffs
2%
Polyethylene
10%Nylon
5%
Polypropylene
4%
Styrenic Block
Copolymer
4%
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RA W MATERI AL BA SKET
SEGMENT DATA
U.S. & Canada
41%
EMEA
36%
Asia
18%
Latin America
5%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
19%
Packaging
23%Industrial
16%
Building and
Construction
9%
Telecommunications
4%
Energy
5%
Defense
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
Transportation
10%
Healthcare
7%
19
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N
US & Canada
34%
EMEA
37%
Asia
21%
Latin America
8%
END MARKET REGION
20
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
15%
Transportation
9%
Building &
Construction
10%
Telecommunications
1% Energy
2%
COLOR , AD DI TI VES & INKS
2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N
US & Canada
52%
EMEA
35%
Asia
13%
21
Packaging
5%
Consumer
16%
Healthcare
6%Industrial
16%
Transportation
12%
Telecommunications
9%
Energy
10% Defense
18%
Building &
Construction
8%
END MARKET REGION
SPEC IA LTY ENGI NEER ED MATERI ALS
Packaging
32%
Consumer
26%
Healthcare
9%
Industrial
13%
Building &
Construction
6%
Telecommunications
2%
Energy
2% Defense
1%
Asia
(18% of sales)
Transportation
9%
2 0 2 3 AV I E N T R E G I O N A L S A L E S
Packaging
25%
Consumer
13%
Healthcare
5%
Industrial
18%
Building &
Construction
9%
Energy
5%
Defense
8%
EMEA
(36% of sales)Transportation
13%
Packaging
13%
Consumer
22%
Healthcare
10%
Industrial
16%
Building &
Construction
12%
Energy
6%
Defense
8%
US &
Canada
(41% of sales)
Transportation
9%
Packaging
59%
Consumer
22%
Healthcare
2%
Industrial
8%
Building &
Construction
4%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
4%
Telecommunications
4%
22
B Y E N D M A R K E T
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Czech Republic.pdf
Buyer expressly warrants that employees,
agents and subcontractors of Buyer shall not directly or indirectly (i)
accept, promise, offer or provide any improper advantage to, or (ii)
enter into an agreement (a) with any entity or person, including
officials of a government or a government-controlled entity, or (b)
relating to a product, which would constitute an offense or
infringement of applicable Laws and Standards.
17.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Gaggenau, Germany
17.
Konstantynow, Poland 17.
Sustainability Report | 2023 17Sustainability Report | 2023 17Sustainability Report | 2023 17
Environmental, Health & Safety
Management Approach
The top priority at Avient is safety.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for the United Arab Emirates.pdf
ویوافق المشتري عل ذات صلة بشأن قوانین الرقابة على التجارة أخرى
(تشمل الغرامات أو الرسوم القانونیة) وإبراء ذمة البائع من أي مسؤولیة تعویض
لمشتري یمارسھا ا التي تحملھا البائع بشأن أي أنشطة تصدیر أو إعادة تصدیر
إخالالً بالتزاماتھ بموجب قوانین الرقابة على التجارة المعمول بھا، ویضمن
ال یجوز لھم أن موظفي المشتري ووكالئھ ومقاولیھ من الباطن المشتري صراحةً
) قبول أو عمل وعد أو عرض أو تقدیم أي 1بصورة مباشرة أو غیر مباشرة (
) أو إبرام اتفاقیة (أ) مع أي جھة أو شخص، بما في ذلك 2میزة غیر مالئمة إلى (
ق بمنتج، تسیطر علیھا الحكومة، (ب) أو تتعلإحدى الحكومات أو جھة مسؤولي
یشكل مخالفة أو انتھاًكا للقوانین والمعاییر المعمول بھا.
17.
ال یجوز للمشتري عدم اإلعالن. 17
أي إعالنات أو مواصفات المنتج أو مواد التغلیف أو المواقع اإللكترونیة أو أي
باستثناء بموجب الموافقة الخطیة المسبقة للبائع.أخرى مواد دعائیة
18.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Slovakia.pdf
Kupujúci sa výslovne zaručuje, že jeho
zamestnanci, zástupcovia a subdodávatelia priamo ani
nepriamo (i) neprijmú, nesľúbia, neponúknu ani
neposkytnú žiadnu nevhodnú výhodu, alebo (ii)
neuzatvoria zmluvu (a) so žiadnym subjektom alebo
osobou vrátane štátnych činiteľov alebo štátom
ovládaných subjektov, alebo (b) na výrobok, ktorý by
mohol predstavovať porušenie platných zákonov a noriem.
17.
Buyer expressly warrants
that employees, agents and subcontractors of Buyer shall
not directly or indirectly (i) accept, promise, offer or
provide any improper advantage to, or (ii) enter into an
agreement (a) with any entity or person, including officials
of a government or a government-controlled entity, or (b)
relating to a product, which would constitute an offense or
infringement of applicable Laws and Standards.
17.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Poland.pdf
Zawarte w
niniejszym ustępie zobowiązanie do „zwolnienia z
odpowiedzialności” oznacza zobowiązanie Kupującego do
pokrycia wszelkich szkód, kosztów i wydatków
poniesionych przez Sprzedającego oraz zapłaty
odpowiednich kwot na rzecz Sprzedającego, jak również
do zwolnienia Sprzedającego z wszelkiej
odpowiedzialności wobec osób trzecich (art. 392 Kodeksu
cywilnego).
17.
None of the provisions of these Terms grants
Buyer any express or implied rights or licenses with
respect to such trademarks, logos, trade names and any
other intellectual property rights owned by Seller’s or
other companies from Avient Corporation and its affiliates
other than those necessary to perform Buyer’s obligations
under these Terms.
17.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Spain.pdf
Buyer expressly warrants
that employees, agents and subcontractors of Buyer shall
not directly or indirectly (i) accept, promise, offer or
provide any improper advantage to, or (ii) enter into an
agreement (a) with any entity or person, including officials
of a government or a government-controlled entity, or (b)
relating to a product, which would constitute an offense or
infringement of applicable Laws and Standards.
17.
El
Comprador garantiza expresamente que los empleados,
agentes y subcontratistas del Comprador no (i) aceptarán,
prometerán, ofrecerán o proporcionarán ninguna ventaja
indebida a, o (ii) suscribirán un contrato (a) con entidad o
persona alguna, incluidos funcionarios de gobierno o de una
entidad controlada por un gobierno, o (b) relacionado con un
producto, directa o indirectamente, que pudiera constituir un
delito o una infracción de las Leyes y Normas aplicables.
17.
https://www.avient.com/sites/default/files/resources/PolyOne%25202018%2520Proxy%2520Statement.PDF
NOTICE OF 2018 ANNUAL MEETING OF SHAREHOLDERS
Thursday, May 17, 2018
9:00 a.m.
Please carefully review the proxy materials for the Annual
Meeting, which will be held on Thursday, May 17, 2018 at 9:00 a.m.
Altice did not receive a payout under the 2017 Annual Plan due to his
separation from service.
0%
50%
100%
150%
200%
250%
300%
Dec 11 Dec 12 Dec 13 Dec 14 Dec 15 Dec 16 Dec 17
POL Peer Average
PROXY SUMMARY
2017 Annual Incentive Program Payouts
Named Executive Officer
2017
Target Opportunity ($) Payout % Payout ($)
Mr.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
POLYONE CORPORATION 17
ITEM 3.
See Note 17,
Derivative Instruments, for more information.
See Note 17, Derivative Instruments, for further
discussion.