Microsoft PowerPoint - AVNT Nov 2022 Earnings Presentation AVIENT CORPORATION I N V E S T O R P R E S E N T A T I O N (NYSE: AVNT) D E C E M B E R 2 0 2 2 AVIENT: WHO WE ARE 40 23 9 36 • U.S. and Canada • Latin America • Europe, Middle East & Africa • Asia 25,000+ CUSTOMERS Headquartered in Avon Lake, OH (Cleveland) 9,300+ employees 100+ manufacturing plants Key Financial Data $3.6 billion2022PF Sales $585 million2022PF EBITDA $2.952022PF EPS 100% ARE CUSTOMIZED SOLUTIONS TO UNIQUE SPECIFICATIONS of sales 2 Guidance as of November 2, 2022 Webcast WHO WE ARE – VISION, STRATEGY, CULTURE 3 Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Global Compact & fulfilled Communication of Progress (COP) requirements • New Sustainability Strategy overview page including our 2022 AIP ESG metrics • New ESG Performance page with ESG ratings, awards, and certifications • Increased disclosures on carbon emissions, including disclosure of Climate Change Scenario Analysis • Added new Product Stewardship and Chemical Management policies • Enhanced data reporting for Workforce Demographics • Improved social disclosures on human rights, dependent care and special leave and strategic training management 2021 SUSTAINABILITY REPORT Launching integrated sustainability website in parallel with report Aligned with leading reporting frameworks 6 Released July 2022 ESG RATINGS PERFORMANCE ESG AWARDS AND CERTIFICATIONS ESG PERFORMANCE & AWARDS 84th 3 1 2 7 T RAN S FO R MAT IO NAL OVE RV IE W Avient Protective Materials Dyneema ® RECENT TRANSACTIONS Acquired Divested $1.45 B $0.95 B 9 Distribution UPDATED CAPITAL STRUCTURE & LIQUIDITY • Proceeds from completed sale of Distribution used to pay near-term maturing debt to strengthen balance sheet • Fixed/floating debt ratio of ~55/45 • Proven track record of deleveraging following major acquisitions through strong free cash flow generation • 2022 pro forma net debt/adjusted EBITDA expected to be 3.1x $725 $725 $575 $500 $600 $525 $650 $650 $600 Capital Structure Cash $544 Undrawn Revolver $250 Liquidity $3.15B $2.40B 2030 Notes 2029 Term Loan 2026 Term Loan 2025 Notes 2023 Notes After Dyneema Acquisition After Distribution Divestiture $794M (1) (1) $250M reflects estimated undrawn revolver following the divestiture of Distribution 10 PREVIOUS TRANSACTIONS Performance Solutions Products & $0.8 B COLOR $1.4 B Acquired (2020)Divested (2019) 11 • Acquisition of Clariant Color business significantly expanded presence in healthcare, packaging and consumer end markets • Strength of portfolio – double-digit annual EBITDA growth since acquisition • $75 million of realized synergies anticipated in 2022 • Acquisition completed on July 1, 2020 for $1.45 billion. Ops Pro Forma Adjusted EPS (in millions) (in millions) 25 SUMMARY • Executed the plans we laid out earlier this year • Completed the Dyneema acquisition and Distribution divestiture amid challenging market conditions • Paid down debt and expect to finish the year modestly levered at 3.1x net debt to 2022 pro forma adjusted EBITDA • Expect $200 million of free cash flow in 2022 • Entering an economic slowdown with a portfolio that is better positioned than ever before • Updated our EPS guidance to $2.60 from continuing operations APPENDIX Performance Additives 15% Pigments 13% TiO2 11% Dyestuffs 3%Polyethylene 12% Nylon 6% Polypropylene 5% Other Raw Materials 30% Styrenic Block Copolymer 5% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 27 • From Q2 to Q3, we have seen a 7-10% sequential decline in certain hydrocarbon-based raw materials • Other raw materials such as performance additives and pigments have shown moderate inflation sequentially from Q2 to Q3 Annual Purchases RAW MATERIAL AND SUPPLY CHAIN UPDATE Based on 2021 purchases, excludes Avient Protective Materials SEGMENT DATA U.S. & Canada 40% EMEA 35% Asia 20% Latin America 5% 2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 21% Packaging 23% Industrial 15% Building and Construction 10% Telecommunications 4% Energy 4% Defense 6% END MARKET REVENUE (1) Total company adjusted EBITDA of $585M includes corporate costs.

Concentrates and pre-colored formulations are available for a wide range of polymers, including PE, PP, PEBA, PC, ABS, and others. Custom and special effect colors available on request. Healthcare use limitations apply—see below * Available only in North America ** Available on request Copyright © 2022, Avient Corporation.

Cesa™ Clean Additives WHEN TO USE CESA CLEAN As a best practice, Cesa Clean adds value when used for: • Color changeovers • Material and formulation changes • Shutdown or startup • Machine maintenance WHY USE CESA CLEAN Some of the ways you can benefit from consistently using Cesa Clean: • Improve production uptime with faster color changeovers • Reduce wasted melt puddle material • Reduce resin use during purging • Non-abrasive and safe to use on precision equipment PRODUCT BULLETIN Cesa Clean solutions are available for use in a variety of processing conditions and operating temperatures. Specialized purge concentrates may be available for engineering resins or for specific performance needs.

Available in masterbatch solutions, the color combining possibilities are virtually endless. KEY CHARACTERISTICS • Available in standard metallic finishes or custom colors • Premium grade special-effect pigments • Uniquely formed particles provide an enhanced metallic effect • Molded-in color eliminates scratching or chipping • Cost effective replacement for painted, plated or metal parts MARKETS AND APPLICATIONS OnColor Brilliant Metallic Colorants add depth and vibrancy to: • Packaging, including premium cosmetics or luxury caps • Transportation, such as interior or exterior automotive trim and components • Consumer goods • Appliances www.avient.com Copyright © 2020, Avient Corporation.

Available in masterbatch solutions, the color combining possibilities are virtually endless. KEY CHARACTERISTICS • Available in standard metallic finishes or custom colors • Premium grade special-effect pigments • Uniquely formed particles provide an enhanced metallic effect • Molded-in color eliminates scratching or chipping • Cost effective replacement for painted, plated or metal parts MARKETS AND APPLICATIONS OnColor Brilliant Metallic Colorants add depth and vibrancy to: • Packaging, including premium cosmetics or luxury caps • Transportation, such as interior or exterior automotive trim and components • Consumer goods • Appliances www.avient.com Copyright © 2020, Avient Corporation.

KEY CHARACTERISTICS • Derived from end-of-life tires • Available for multiple resins and custom solutions • Retains performance characteristics of traditional carbon black in plastics • Enhances sustainable product offerings • Provides long-term price stability • Passes REACH and RoHS requirements • Prop 65 letters available MARKET AND APPLICATIONS OnColor RC Environmental Black is a sustainable solution across a wide variety of industries and applications, including: • Automotive • Wire and cable • Building and construction • Appliances • Electrical and electronics • Industrial molding applications • Office furniture Avient OnColor RC Environmental Black is offered for multiple resins and also for custom solutions: CC10289240WE OnColor RC Environmental Black PE CC10284887WE OnColor RC Environmental Black TPU CC10287020WE OnColor RC Environmental Black PC CC10287026WE OnColor RC Environmental Black PS CC10287028WE OnColor RC Environmental Black PP CC10287033WE OnColor RC Environmental Black ABS www.avient.com Copyright © 2020, Avient Corporation.

Buyer acknowledges that information in Seller’s marketing materials, technical data sheets and other descriptive publications distributed or published on its websites may vary from time to time without notice. Buyer acknowledges that Seller has furnished to Buyer safety data sheets, which include warnings together with safety and health information concerning the Product and/or the containers for such Product. Confidentiality and Data Protection.

Grades are available for various polymer formulations, including polyolefins, PVC, and TPU. Grades are available for polyolefins, ABS, PS, PA6, and others on request. Grades are available for polyolefins, styrenics, PVC, PA6, and others on request.

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