Sales increased 42% to $1.235 billion and adjusted EPS increased 107% to $0.87 driven by very strong demand conditions in nearly all end markets I'm very pleased with our results as second quarter sales and adjusted EPS reached all-time highs driven by our portfolio of sustainable solutions and continued strong demand conditions," said said, "Demand continues to be strong and I remain confident in our team's ability to continue navigating the supply chain dynamics to ensure we deliver for our customers. 

FX) $429 $490 $3.05 $3.50 FY 2022 PERFORMANCE 16 $4,819 $5,100 + 6% (+ 8% excluding FX) Adjusted EPS + 14% (+ 17% excluding FX) + 15% (+ 18% excluding FX) (in millions) (in millions) Sales Adjusted Operating Income 17 CASH FLOW / LEVERAGE ($ millions) 2022E Cash Flow from Operating Activities 400$ Less: Run-Rate CapEx (90) CapEx for Clariant Integration (10) CapEx for IT System Upgrade (15) Total CapEx (115) Free Cash Flow 285$ Adjusted EBITDA 635$ Net Debt / Adjusted EBITDA 1.7x DYN E E MA ACQ U I S I T I O N 19 15x stronger than steel Reduces weight by 30% vs. other solutions Well-maintained global asset base poised to serve growing demand • Purchase price of $1.48B represents 11.4x multiple of 2022 EBITDA • Acquisition will expand Avient’s composites and fiber portfolio with Dyneema®, the World’s Strongest Fiber™ • $415M sales and 30%+ EBITDA margins; Immediately accretive to pro forma 2022 EPS, adding $0.35 • 1,300 patents globally, ~50% of sales patent protected • 1,000+ employees across global production network and dedicated technology centers • Composites platform will increase from $261M to $680M in revenue and from $49M to $180M in EBITDA Indicates Dyneema® location $175M (42%) $65M (16%) $175M (42%) 2022E Sales By Region ($M) (1) $0.35 EPS excludes intangible amortization (2) Based on 2022 expected results (1) (2) (2) FIT WITH FOUR PILLAR STRATEGY 20 Specialization • Innovation-led organization with tremendous intellectual property value in trademarks, patents and “know-how” • Deep history of application development and premium, leading brand with the World’s Strongest FiberTM Globalization • Global customer base with an established presence across all major geographic regions • Global technology centers complement existing Composites applications and expertise Operational Excellence • Best-in-class safety performance • Well-run and maintained asset base fit to serve future growth • Highly effective and reliable supply chain with emphasis on optimizing service to customers Commercial Excellence • Deep customer relationships extend across the value chain and drive ability to grow • Offer a full suite of services with an active role in design, development and commercialization People Experienced and talented associates with a passion for safety, specialization and winning DYNEEMA® OVERVIEW K E Y I N D U S T R I E S PERSONAL PROTECTION Military • Law Enforcement • First Responders Body Armor • Helmets • Vehicle Protection $215M MARINE & SUSTAINABLE INFRASTRUCTURE Towing / Mooring • Aquaculture • Floating Wind • Offshore Cranes $130M CONSUMER Consumer • Outdoor High Performance • Safety Equipment $70M 21 Figures reflect 2022 expected sales MIFOverview Competition Valuechain & Go-to-market Strategy Innovation Financials TECHNOLOGY 22 1,200 1,300 2,500 Avient Dyneema Combined Patents • True specialty business – the World’s Strongest Fiber™ • Deep history of application development with customers, strongest in the industry • The only UHMwPE (ultra-high molecular weight polyethylene) fiber producer that is backward integrated o Provides innovation advantage through control of all steps of the process • Complementary with our existing reinforced film expertise (PolyStrand) and engineered fiber presences (Fiber-Line) WINNING PROPERTIES Ultra high strength vs. weight Highly flexible Floats on water Chemically inert; no smell/taste and non-toxic High resistance to UV radiation Self-lubricating, with low friction One-of-a-kind technology ® FORMULATION PROCESS 23 • Like Avient, Dyneema® offers similar core competencies around formulation and material science • Technology that combines polymers and fibers to provide specialized, high performing solutions for customers • Design capabilities ensure that applications are highly customized for the specified end use DYNEEMA® IN THE VALUE CHAIN 24 UHMwPE Fiber / Tapes Military Personnel, Law Enforcement Heavy Marine, Offshore Wind Energy and Mooring, Aquaculture Outdoor, Footwear, Apparel, Inflatables • Material Science • Formulation • Service INTERMEDIATE MANUFACTURING (CUSTOMERS) OEM / APPLICATION DEMAND TRENDS 25 • Military spending and near-term demand for higher performing personal protection products (like Dyneema®) expected to increase o European NATO members annual defense spend expected to increase by up to 20%(1) o Japan aiming to almost double defense spending over the next 5 years(2) o Accelerated launch of next generation technology in North America • Policy-driven demand for sustainable energy; growth in floating offshore wind farms which require advanced, durable technology o Offshore wind expected to grow at a CAGR of 32% with the level of annual installations quadrupling over the next five years(3) • Continued investment in aquaculture as a sustainable food source(4) • Strong demand in outdoor high performance space across niche consumer applications aligns with 10% growth assumption for Avient’s Composites portfolio Sources: (1) “Funding NATO”, NATO.int (April 1, 2022) (2) “Japan Ruling Party Calls for Defense Spending Boost to 2% of GDP”, WSJ (April 21, 2022) (3) “Global Wind Report 2021”, Global Wind Energy Council (4) “Aquaculture Supports a Sustainable Earth”, NOAA Fisheries 26 A L I G N M E N T W I T H S U S T A I N A B I L I T Y G O A L S PRODUCTS AVIENT’S EXISTING COMPOSITES PORTFOLIO D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G M A N U F A C T U R E R S A N D O E M S LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers 27 AVIENT’S COMPOSITES PORTFOLIO SALES AND EBITDA 28 $74 $84 $216 $212 $261 $5 $10 $32 $41 $49 $180 0 100 150 200 $- $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750 2017 2018 2019 2020 2021 2022E $680 • Dyneema® acquisition will further improve Composites EBITDA margins to 26% • Dyneema® will complement our existing portfolio with deep formulation expertise, innovative culture and global commercial presence • Composites will continue to be a key growth driver to deliver future revenue growth in excess of GDP (1) Pro forma for the acquisition of Dyneema® DISTRIBUTION DIVESTITURE CONSIDERATIONS DISTRIBUTION HIGHLIGHTS 30 $21 $57 $69 $94 $105 0 100 150 2006 2011 2016 2021 2022E • Leading North American Distribution business with longstanding blue-chip supplier and customer relationships • Commercial excellence and regulatory knowledge have grown healthcare portfolio to over 25% of sales and positioned business for long-term growth • Highly specialized portfolio of engineered polymers along with sustainable solution offerings • Leading digital capabilities through Avient Now, allowing enhanced visibility and 24/7 interface with customers • 98% free cash flow conversion drives greater than 30% after-tax return on invested capital (ROIC) • Potential divestiture allows us to remain modestly leveraged with net debt to adjusted EBITDA expected to be 2.9x and positions us for further specialty growth in the future EBITDA (in $M) DYNEEMA® TRANSACTION OVERVIEW 31 - $1.48B net purchase price - Represents 11.4x expected 2022 EBITDA - Committed financing in place - Permanent financing to be combination of available cash on-hand, new Senior Unsecured Notes, new Senior Secured Term Loan - Potential proceeds from Distribution divestment could be used to pay down near-term maturing debt - Closing expected in second half of 2022, subject to regulatory approvals and certain customary closing conditions Transaction Value Financing Closing Conditions / Timing CAPITAL STRUCTURE / LEVERAGE 32 • Financing commitments secured from Morgan Stanley and J.P. Purchase price multiple rapidly declining on strength of business and synergy capture (1) Financial information is pro forma to include a full year of Clariant Color acquisition 11.9% 16.2% 2019PF 2021 EBITDA Margins SPECIALTY TRANSFORMATION 46% 66% 86% 100% 0% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj us te d EB IT D A(1 ) JVs Distribution Performance Products & Solutions Specialty (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution (2) 38 CULTURE AND PEOPLE 39 OUR SPECIALTY JOURNEY CONTINUES 40 • Dyneema® brings leading technology and brand with the World’s Strongest Fiber™, deep history of application development and strong management team focused on specialty applications • Dyneema® transaction is aligned with our previously stated acquisition goal of expanding our composites and fiber capabilities • Similar to our other technology expansion acquisitions, Dyneema® allows us to leverage our invest-to-grow strategy • We plan to explore a possible sale of our Distribution business. Avient Specialty Other Free Cash Flow Conversion (1) 2022E (%) Being asset light helps us to generate strong free cash flow that is in line with other specialty formulators.

continued, "These results also reflect the strong cultural fit between legacy PolyOne and legacy Clariant Masterbatch associates who have come together to create

The Specialty Engineered Materials segment in particular has exceeded our previous expectations, driven by strong performance in our composites platform and new business wins in healthcare." 

When you need a lightweight, strong, cost-efficient, and customizable material, composites may be the choice for you.

Polystrand™ continuous fiber reinforced thermoplastic composites - lightweight, strong and versatile. 

When you need a lightweight, strong, cost-efficient, and customizable material, composites may be the choice for you.

It’s also a time where people seek strong relationships, diverse perspectives and an opportunity to accept the most pressing challenges of today. D is t. ) LB Median: 5%Median: 3% Avient reflects 2021 estimated revenue of $4,300M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Other Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators. In 2021, we expect substantial earnings growth and strong cash flow generation as we emerge from the COVID-19 pandemic.

It’s also a time where people seek strong relationships, diverse perspectives and an opportunity to accept the most pressing challenges of today. D is t. ) LB Median: 5%Median: 3% Avient reflects 2021 estimated revenue of $4,650M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Other Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators. In 2021, we expect substantial earnings growth and strong cash flow generation as we emerge from the COVID-19 pandemic.

AVIENT ADVANCED COMPOSITES OVERVIEW LOWER ENERGY COSTS Requires less energy during installation and use INCREASE COMPETITIVE ADVANTAGE Customizable solutions for specific application needs REDUCE PRODUCT LIFECYCLE COSTS Lower installation time, as well as warranty and �part replacement � expenses EXTEND PRODUCT LIFETIME Corrosion, flame, fatigue and UV resistant for improved durability DESIGN STRONG, LIGHTER WEIGHT COMPONENTS Up to 75% lighter than steel and up to 25% lighter than aluminum ADVANCED COMPOSITES An exceptional alternative to traditional materials such as wood, ceramic and metal, advanced composite solutions enable designers to: • Design lighter weight structural components for increased lifetime performance and improved fuel efficiency—higher strength-to-weight ratios to exceed the structural performance of traditional materials while significantly reducing weight—up to 75% lighter than steel and up to 25% lighter than aluminum • Extend product lifetime to reduce part replacement and decrease warranty expenses— the corrosion, weather, flame and fatigue resistance of composite solutions improve component durability • Reduce product lifecycle costs—the extended product lifetime, along with the potential for reduced installation time and cost due to the lighter weight of composite solutions, significantly reduces the associated cost over the lifetime of a part • Lower energy costs—by leveraging a higher strength-to-weight ratio, composite solutions allow designers to engineer products that require less energy or power during installation and use • Increase competitive advantage—Avient advanced composite solutions can be customized to provide electrical insulation, thermal insulation, radiopacity, low thermal expansion, flexural memory and load damping, while delivering desired performance and aesthetic specifications TRANSPORTATION Truck floors, liners and aerodynamic components, rail car doors and panels, automotive structural solutions, leaf springs, traffic safety markers and delineators, air cargo unit load devices (ULDs) The Avient advanced composites portfolio offers customized solutions to serve a full range of markets and industries, including: USES & APPLICATIONS ENERGY Wind turbine blade stiffening components, sucker rods, oil & gas production solutions BUILDING & CONSTRUCTION Structural blast protection, garage doors, modular construction, temporary shelters, architectural columns, concrete and masonry reinforcements, pipe reinforcement HEALTHCARE External orthopedic fixators, endoscopy wands, prosthetics MARINE Panels for decking, bulkheads, cabinets, doors, transoms, ceilings; reinforcements for stringers; sail battens CONSUMER & RECREATION Archery bow limbs and risers, furniture springs, diving board springs, golf flagpoles, snowsports equipment, sporting stick shafts, paddle shafts, lightweight and extendable mast structures ELECTRICAL & TELECOMMUNICATIONS Utility poles and cross-arms, high voltage transmission & distribution insulator cores, surge arresters, bus bar covers and electrical tool components INDUSTRIAL Pallet stiffeners, pipe reinforcement, conveyor springs, dock shelters PROCESSES & CAPABILITIES Avient’s reinforced composite technologies use carbon, glass and aramid fibers with custom formulated thermoset or thermoplastic resins in continuous forming processes.