It also allows for batch-to-batch consistency to address color variations.

Avient and IVCC created a new medium scale masterbatch production laboratory in China to support research and development into non-registered novel active ingredients for incorporation into long lasting treated nets. Avient has extensive global ability in the formulation development and manufacturing of groundbreaking material solutions to support malaria control, including a technologically advanced anti-mosquito masterbatch for use in long lasting treated nets. The novel insecticides in development are formulated tightly into the masterbatch, allowing best bio-efficiency performance with a permanent but slow release to the surface—just enough to kill any mosquito by contact.

Back Home // Products // Polymer Colorants // Solid Color Masterbatches // Renol™ Concentrates for Non-Olefins To create the bright, durable and consistent colors that succeed in consumer marketplace, designers turn to RENOL™ masterbatches. OnColor™ custom masterbatch and engineered materials fulfilled color, appearance, UV stabilization and material requirements for biobased design furniture

Avient and IVCC created a new medium scale masterbatch production laboratory in China to support research and development into non-registered novel active ingredients for incorporation into long lasting treated nets. Avient has extensive global ability in the formulation development and manufacturing of groundbreaking material solutions to support malaria control, including a technologically advanced anti-mosquito masterbatch for use in long lasting treated nets. The novel insecticides in development are formulated tightly into the masterbatch, allowing best bio-efficiency performance with a permanent but slow release to the surface—just enough to kill any mosquito by contact.

Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”). Operating Income $3,783 $4,100 (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Previous Guidance Current Guidance $3,783 $4,300 $308 $360 $308 $410 $1.93 $2.40 $1.93 $2.80 (1) (1)(1) (1)(1) (1) 12 BALANCE SHEET • Deleveraging to 1.9x net debt to adjusted EBITDA by the end of 2021 • Driven by record adjusted EBITDA performance and strong free cash flow generation from asset light business • Future cash deployment: M&A, opportunistic share repurchases and balance sheet / continued leverage reduction 3.5x 2.7x 1.9x Net Debt / Adjusted EBITDA ($ in millions) 2021E Adjusted EBITDA 560$ Free Cash Flow 275$ Total Debt 1,860 Less: Cash (800) Net Debt 1,060$ 2021E Net Debt / Adjusted EBITDA 1.9x (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition SUSTAINABILITY • Most recent Sustainability report substantially expanded disclosure on key environmental and social topics We will deliver for our stakeholders through multiple value creation levers—many of which are unique to Avient: o Demand for sustainable solutions, healthcare, and composites, together with Clariant Masterbatch revenue synergies, that will drive 2021 revenue growth of 14% and long-term growth in excess of GDP o Clariant Masterbatch cost synergy capture will result in significant near-term benefit In addition, we remain committed to increasing annual dividends in line with earnings growth and opportunistically buying back shares, all while remaining modestly levered.

intends to use the net proceeds from the offering to finance, in part, its pending acquisitions of Clariant AG's global masterbatch business (the "Clariant masterbatch acquisition") and Clariant Chemicals (India) Limited's masterbatch business (collectively, the "acquisitions"). The notes will be subject to a "special mandatory redemption" in the event that (i) the Clariant masterbatch acquisition is not consummated on or prior to the purchase agreement is terminated, other than in connection with the consummation of the Clariant masterbatch acquisition.

intends to use the net proceeds from the offering to finance, in part, its pending acquisitions of Clariant AG's global masterbatch business (the "Clariant masterbatch acquisition") and Clariant Chemicals (India) Limited's masterbatch business (collectively, the "acquisitions"). The notes will be subject to a "special mandatory redemption" in the event that (i) the Clariant masterbatch acquisition is not consummated on or prior to the purchase agreement is terminated, other than in connection with the consummation of the Clariant masterbatch acquisition.

Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”). That’s Avient. 21,000+ CUSTOMERS >75% ARE CUSTOMIZED SOLUTIONS TO UNIQUE SPECIFICATIONS of sales 5 In July 2020, we completed the acquisition of the Clariant Masterbatch business, the largest acquisition in the 20-year history of our company. It’s in this spirit that we joined legacy PolyOne and the Clariant Masterbatch business, two complementary businesses, and formed a new one that we’ve named Avient.

Quality Masterbatches for Spun-Dyed PET and PA The masterbatches are offered in pellet form and developed for optimal fiber coloration in the POY, FDY, DTY, ATY and BCF manufacturing processes. The color can be combined with additives for a single masterbatch solution that provides coloration and enhances the properties of spun-dyed fibers.

As part of the OnColor™ Polymer Colorants masterbatch portfolio, this group of ten masterbatch colorants enables plastic to mimic naturally occurring materials such as stone, marble, and granite. In combination with surface texture and part geometry, these masterbatches give plastic parts the appearance of naturally-occurring materials so that, for example, designers could create a toaster that appears to be carved out of granite. In addition, the masterbatch can contain other performance and/or process-enhancing additives customized to specific needs.