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We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. USE OF NON-GAAP MEASURES PolyOne Corporation 3 This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures. Sources Cash from Balance Sheet $465 New Senior Unsecured Notes 650 New Equity 450 Total Sources $1,565 Uses Clariant Masterbatch $1,500 Clariant India Masterbatch 60 Less: Lease Adjustment (113) Net Purchase Price $1,447 Net Cash Acquired 57 Fees, Expenses & OID 61 Total Uses $1,565 ($ Millions) Cash and Cash Equivalents $370 $450M Senior Secured ABL Revolver - Senior Secured Term Loan B due 2026 624 Other Debt 25 Total Senior Secured Debt $649 5.25% Senior Unsecured Notes due 2023 $600 New Senior Unsecured Notes 650 Total Senior Debt $1,899 Net Debt $1,529 New Equity $450 Pro Forma Capitalization (1) PF 12/31/2019 $450 $600 $624 $743 2019 2020 2021 2022 2023 2024 2025 2026 A T T R A C T I V E F I N A N C I N G S T R U C T U R E Attractive Debt Maturity Profile Existing Revolver Existing Senior Notes Existing Term Loan B New Debt Summary Terms on New Debt  $465 million of cash from the balance sheet expected to fund a portion of the purchase price  Bridge financing for remainder fully committed from Citi, Morgan Stanley and Wells Fargo  Permanent financing expected to include a combination of long-term debt and new equity  The timing of the permanent financing is subject to a number of factors, including, but not limited to, market conditions  PolyOne is committed to preserving a strong balance sheet – Target net leverage at close below 3.5x, excluding synergies  Pro forma capital structure positions PolyOne with flexibility to pursue continued growth strategy  New financing expected to have same or better covenant package than existing capital structure  Capital structure would be “covenant lite” Capital Policy  Transaction in line with PolyOne’s disciplined capital allocation policy  Existing PolyOne dividend policy to be maintained  Focus on deleveraging in the near term 2028+ PolyOne Corporation 26 PolyOne Corporation 27 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  Landmark portfolio transformation: > 85% of Adjusted EBITDA from specialty solutions  World-class innovation, technology and service are differentiators  Sustainability initiatives and alignment with megatrends drive above market growth in key end markets and applications:  Capital management is a strength - proven track record of expanding ROIC while increasing invested capital Transaction expected to add $0.85 to pro forma adjusted EPS PolyOne Corporation 28 PolyOne Corporation 29

news library online, please go to www.avient.com/news View original content:http://www.prnewswire.com/news-releases/polyone-barrier-technologies-enable-sustainability-and-recyclability-in-packaging-300642224.html SEARCH INVESTOR NEWS

PolyOne Appoints James N. Creates new PolyOne Advanced Composites platform within Specialty Engineered Materials - New continuous reinforced thermoplastic composite capabi SEARCH INVESTOR NEWS

Homepage // News Center // Avient Launches Additional reSound™ Bio-Based TPEs Formulated with Renewable, Plant-Derived Content Avient expands sustainable portfolio with nine new reSound™ BIO TPEs formulated with up to 75% renewable, plant-based content. To access Avient’s news library online, please visit www.avient.com/news.

PolyOne Completes Clariant Masterbatch Acquisition, Announces New Name: Avient Corporation PolyOne Announces First Quarter 2020 Results SEARCH INVESTOR NEWS

Homepage // News Center // Avient Introduces Low Shrinkage Alternative to ABS for Luxury Packaging Market To access Avient's news library online, please visit www.avient.com/news.       Investor News

Home // New Life for Aging Pipe The customer chose to use a Fiber-Line™ custom fiber formulation by Avient to produce a pipe liner. Plus, using a pipe liner strategy itself resulted in a significant CO2 reduction compared to the potential impact of a new lay process.   

Home // New Life for Aging Pipe The customer chose to use a Fiber-Line™ custom fiber formulation by Avient to produce a pipe liner. Plus, using a pipe liner strategy itself resulted in a significant CO2 reduction compared to the potential impact of a new lay process.   

Homepage // News Center // Avient Extends Recycled TPE Portfolio with Grades Containing up to 60% Recycled Content, Supporting Global Customers To access Avient's news library online, please visit www.avient.com/news. Investor News