Eight of the new grades can be overmolded on polypropylene (PP) and the ninth grade bonds to both PP and polyethylene (PE). Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility

The grades, which overmold to polypropylene and polyethylene, can be used in personal care, household appliance, consumer electronics, and consumer packaging applications when a more sustainable material is preferred. Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility  

Examples include: • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility Avient is a certified ACC Responsible Care® and a founding member of the Alliance to End Plastic Waste. GUIDANCE DEBT / LEVERAGE REDUCTION • Completed sale of Distribution and paid down $750M of debt in November • Strong free cash flow in fourth quarter reduced leverage and enabled paydown of additional $200M of debt • Fixed/Floating Debt Ratio 63/37 • Proven track record of deleveraging following acquisitions through consistent free cash flow generation $725 $725 $725 $575 $500 $400 $600 $525 $425 $650 $650 $650 $600 $2.40B $2.20B 2030 Notes 2029 Term Loan 2026 Term Loan 2025 Notes After Distribution Divestiture Year-End 8 Year-End Leverage 3.8x 3.1x 2.9x 2023 Notes After Avient Protective Materials Acquisition $3.15B 2022 TRANSFORMATIONAL PORTFOLIO ENHANCEMENTS 9 EBITDA margins expanded from 12% to 16% Diversified end markets with reduced exposure to more cyclical industries Dyneema® Acquisition $1.48B acquisition strengthens composites platform Significantly improved EBITDA margins $950M divestiture results in 100% specialty sales Strong exit multiple of 10x TTM EBITDA despite market volatility Distribution Divestiture Improved Portfolio GROWING COMPOSITES PLATFORM CONTRIBUTIONS TO SEM SEGMENT 10 Note: 2022 is pro forma for Avient Protective Materials 2016 Sales 2022 Sales Advanced Composites 51% $560M $1,300M Advanced Composites COMPOSITES PORTFOLIO D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers 11 ADVANCED COMPOSITES PERFORMANCE 12 (1) Pro forma for the acquisition of Avient Protective Materials $51 $84 $212 $668 $4 $10 $41 $169 (1) (1) PORTFOLIO EVOLUTION AND EPS EXPANSION 13 Adj. Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years. 32 EV / 2023E EBITDA Historic Multiple 6.5 8.3 10.0 15.6 13.9 13.7 12.8 9.5 18.0 17.5 12.3 10.2 9.7 8.8 8.4 5.9 (2 01 1) (2 01 8) RA W M AT ER IA L OVE RV IE W 34 RAW MATERIAL 2022 ANNUAL PURCHASES Performance Additives 16% Pigments TiO2 Dyestuffs 2% Polyethylene Nylon Polypropylene Styrenic Block Copolymer Other Raw Materials 30% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials Excludes Avient Protective Materials SEGMENT DATA U.S. & Canada 40% 37% 18% Latin America 2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Building and END MARKET REVENUE (1) Total company adjusted EBITDA of $592M includes corporate costs $2,355M $402M $1,300M $272M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $592M$3,653M 36 C O L O R , A D D I T I V E S & I N K S 2022 REVENUE | $2 .4 B ILL ION US & Canada 34% 38% Latin America END MARKET REGION 37 34% 21% Building & 1% Energy 2% S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 2022 PRO FORMA REVENUE | $1 .3 B ILL ION END MARKET US & Canada 52% 35% REGION 38 19% 8%Industrial 16% Building & 32% 27% 14% Building & 3% 1% Defense 1% (18% of sales) 2022 PROFORMA AVIENT REGIONAL SALES BY END MARKET 27% 14% 17% Building & (37% of sales)Transportation Building & US & Canada (40% of sales) 7% 56% 23% 7% Building & 1% LATAM (5% of sales) 3% 39

Learn how long fiber composite pellets are made. Explore the unique capabilities of specialty long fiber reinforced composites Complēt™ & OnForce™ Long Fiber Reinforced Thermoplastic Composites - Processing Guide

Long fiber reinforced thermoplastic (LFRT) or Long Fiber Thermoplastic (LFT) or Long Fiber Composite is a fiber reinforced injection moldable thermoplastic material. Long fiber reinforced thermoplastic composites are formulated to provide superior physical properties for structural applications. Explore the unique capabilities of specialty long fiber reinforced composites.

Long Fiber Technology You’re not alone with our composite expertise on your team.   We apply the technology and performance benefits of long fiber reinforced thermoplastic composites to make your products better – giving you an unbeatable marketplace advantage. 

In Europe, new patent-pending grades are formulated using recovered materials such as recycled polypropylene, recycled oil, and recycled glass filler. Suitable for overmolding onto polypropylene (PP), the new TPEs have comparable performance to prime grades, and can replace them in typical applications for lawn and garden, outdoor high performance, personal care, footwear, office supplies, houseware durables, and automotive industries.      Barrier technologies that preserve the shelf-life and quality of food, beverages, medicine and other perishable goods through high-performance materials that require less plastic •    Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation •    Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses

Polystrand™ Continuous Fiber Tapes & Laminates Polystrand™ Continuous Fiber Reinforced Thermoplastic Composites provide a reinforcing layer within the high density polyethylene (HDPE) pipe wall through thermal wrapping that is integrated into the pipe manufacturing processes. Video Polystrand Unidirectional Composite Tape Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24".

Evaluating the Replacement of Aluminum with Long Fiber Composites Key Factors for Making an Informed Decision As costs and competition increase, many original equipment manufacturers (OEMs) are exploring ways to maintain profit margins. LFTs use reinforcement fibers (e.g., glass or carbon) that are in parallel alignment and of uniform length (typically 12 mm), offering metal replacement performance. Injection molded long fiber composites deliver comparable performance characteristics to metals and offer excellent strength-to-weight ratios.

Advanced Composites Explained Fiber-Line Vectran braided satellite tether designed to pull satellite down at end-of-life and burn upon re-entry Glasforms Composite Profiles