This is up from less than 10% when our specialty journey began over a decade ago.  

It will be a great opportunity to share more information with our investors about our transformational journey as a specialty formulator and vision for the future," concluded

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But in a circular economy, every stage of a product’s journey is considered before it’s ever made–and that includes what happens after the consumer no longer needs it.

In 2022, we dramatically advanced our specialty journey and expanded our materials offering with two transformational portfolio moves. Initiatives including Avient Mentoring, campus partnerships, and our employee resource groups are vital for progress in our D&I journey. LEAD by Women is a staple in Avient’s continuous journey to create a trusting culture and space.

EPS (ex Amort) 3.96$ 0.13$ 4.09$ (0.58)$ 3.51$ Pro Forma Leverage (12/31/2022E) Net Debt / Adjusted EBITDA 1.6x 3.4x 2.8x Forecast Dyneema Forecast + Dyneema Sale of Distribution Pro Forma 2022 TWO-YEAR LEVERAGE MODEL 16 3.5x 2.7x 1.6x 2.8x 2.4x 2.0x 2019PF 2020PF 2022E 2022PF 2023E 2024E Dyneema® AcquisitionClariant Color Acquisition (1) Pro forma for the acquisition of the Clariant Color business (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan (1) (1) (2) OUR SPECIALTY JOURNEY CONTINUES 17 • 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 • The possible sale of our Distribution business also presents potential benefits with respect to leverage and EBITDA margins 46% 66% 86% 100% 0% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj u st ed E B 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) Building & 43% 14% Telecom. 2006 2022 Pro forma Building & Telecom.

Seller reserves a right to discontinue any Product sold hereunder at any time, unless Buyer and Seller are bound by a pre-existing master agreement which would require Seller to notify Buyer of such discontinuance. 5.

Although we are several years into our specialty journey, we should all view this as a landmark acquisition, with our best days to come."

We are delivering record results against a backdrop of incredibly challenging conditions, including the ongoing COVID-19 pandemic, significant supply chain disruptions and inflation.

It’s been an extraordinary journey in specialty transformation. The opportunities for us to impact our world and create even more value for our stakeholders are tremendous, and we will embrace our leadership role along the journey.