A polycyclic compound according to an embodiment of the inventive concept is represented by the following Formula 1: In Formula 1, Ar1 and Ar2 are each independently substituted or unsubstituted aryl group having 6 to 30 carbon atoms for forming a ring, or substituted or unsubstituted heteroaryl group having 2 to 30 carbon atoms for forming a ring, where Ar1 and Ar2 may combine with each other to form a ring, and A is represented by the following Formula 2-1 or 2-2: