Compounded PP Textiles

FAMOUS UNDERWEAR BRAND U N D E R W I R E • Formulated a 40% bio-derived material to help meet customer’s sustainable goals with good rigidity and supporting strength • Improved comfort and softness compared to a normal steel underwire design • Passed ISO 105-X18 textile test with good chemical resistance, durability, and wash fastness Customized reSound™ BIO TPE WHY AVIENT?

Loose buffer tube – made of PBT, PTFE, Nylon 12, PP or other polymers. Leverage PolyOne’s global reach Phase 1 Phase 2 Phase 3 18-20% operating margins Invest in commercial resources I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 24 Commercial Resources Operating Income ($ in millions) Operating Margins 256 309 $36 $100 Established Acquisitions (> 7 years) + 20% + 165% + 1000 bps CLARIANT MASTERBATCH ACQUISITION DRIVES NEXT LEVEL SPECIALTY TRANSFORMATION ACCELER ATING GR OWTH WITH SUSTAINABLE SOLUTIONS T R A N S F O R M A T I O N H E A D L I N E S PolyOne Corporation 26 F I T W I T H F O U R P I L L A R S T R A T E G Y PolyOne Corporation 27 Specialization • Innovation-led organization with heavy emphasis on R&D • World-class expertise in color formulation • Strong presence in specialty end markets including Consumer, Packaging and Healthcare Globalization • Diverse geographic portfolio with an established presence in every major region • Expands PolyOne’s ability to serve customers in key growth areas including India, China and Southeast Asia Operational • Extensive manufacturing footprint with 46 facilities • Organizational focus on optimizing supply chain to better serve • Color design expertise Commercial • Value-focused salesforce with vast experience marketing and commercializing specialty technologies • Diverse customer portfolio with established OEM’s People Experienced and talented associates with a winning mentality E N D M A R K E T T R A N S F O R M A T I O N PolyOne Corporation 28 18% 50% 22% High Growth End Markets Percentage of Total Revenue 38% E N D M A R K E T T R A N S F O R M A T I O N PolyOne Corporation 29 38% Wire & Electrical & Electronic 18% Building & Wire & Electrical & Electronic C O M P L E M E N T A R Y G E O G R A P H I C P R E S E N C E PolyOne Corporation 30 38% Europe 33% 22% Europe & Middle East 48% 23% Color & Engineered Clariant Masterbatch Net Sales by Geographic Region Europe & Middle East 39% 21% Pro Forma Color & Engineered Materials U N I F I E D F O C U S O N S U S T A I N A B I L I T Y PolyOne Corporation 31 2006 - 2013 2013 – 2019 PEO PLE PRO D U C TS PLA N ET PER FO R M A N C E Clariant Masterbatch • Building mini-recycling plants to facilitate customer projects on design for recycling - CycleWorks • Uses packaging additives & colorants to improve recyclability and enhance automated sorting • Manufactures oxygen scavengers to extend shelf-life of perishable items and reduce material requirements • Combines UV-blocking additive colorants & other barriers to prevent spoilage and waste • Offers spin-dyeing solutions that use significantly less water than traditional methods, allowing for sustainable coloration of textiles • Produces infrared absorbing additives that reduce energy requirements for bottle manufacturing ($ in millions) (Continuing Operations) Clariant Color & Additive Masterbatch Synergies New 2019 Total Sales $2,863 $1,150 $4,013 2019 Adjusted EBITDA $309 $130 $60 $499 % Margin 10.8% 11.3% 12.4% 2019 CapEx $68 $85 % Sales 2.4% 2.1% 2019 Free Cash Flow $161 $250 2019 Adjusted EPS $1.69 $2.22 2019 PF Adjusted EPS $1.69 $2.54 P O L Y O N E + C L A R I A N T M A S T E R B A T C H B U S I N E S S PolyOne Corporation 32 (1) Excludes step-up of depreciation & amortization related to purchase accounting of transaction (1) $0.85/share O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y PolyOne Corporation 33 46% 66% 0% 40% 60% 80% 100% 2005 2010 2015 2019E PF % o f A d ju st e d E B IT D A * JV's Performance Products & Solutions Distribution Specialty 87% * Adjusted EBITDA is EBITDA excluding corporate costs and special items ** 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business acquisition with synergies Specialty EBITDA $14M $117M $273M $500M ** T R A N S A C T I O N O V E R V I E W • Expected mid-2020, subject to regulatory approvals and customary closing conditions Closing Conditions / Timing • Committed financing in place • Permanent financing to be combination of available cash on-hand, new debt and equity component to limit leverage • Equity issuance of $500MM • Target net leverage below 3.5x, 3.1x synergized PolyOne Corporation 36 • $1.45 B net purchase price • Represents 11.1x adjusted EBITDA (excluding synergies), 7.6x adjusted EBITDA (including synergies) • Pre-tax synergies of $60MM expected to be fully realized by the end of 2023 • Synergies realized from sourcing, operational, technology / commercial, and general administrative Transaction Value Synergies Estimated Synergy Breakdown $60MM • Expect EBITDA synergies of $60MM – Proven integration expertise with a decade of acquisition experience – Administrative synergies reflect reduction of duplicative internal and third-party costs • Run rate synergies of $20MM by the end of Year 1 with $60MM achieved by the end of Year 3 • Significant additional opportunity for geographical expansion – Clariant Masterbatch business has complementary regional presence in key growth areas including India & Southeast Asia • Opportunity to accelerate growth with a combined portfolio of innovative solutions aligned with sustainability megatrends Sourcing 40% Operational Administrative PolyOne Corporation 37 S I G N I F I C A N T S Y N E R G Y O P P O R T U N I T I E S $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 38 PolyOne Corporation 37 $0.16 $0.20 $0.24 $0.32 $0.40 $0.48 $0.54 $0.70 $0.78 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Cumulative Share Repurchases (In millions) $0 $150 $300 $450 $600 $750 $900 2011 2012 2013 2014 2015 2016 2017 2018 2019 $917M R E T U R N I N G C A S H T O S H A R E H O L D E R S O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1 PolyOne Corporation Increasing Annual Dividend 38 $0.81 PolyOne Corporation 39 W H Y I N V E S T I N P O L Y O N E ? 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  Transformational M&A with PP&S divestment and pending acquisition of Clariant Masterbatch business  Growing leadership position in attractive markets  Innovation, technology and service are differentiators  Capital management is a strength: Record-setting cash generation to continue for years  Proven acquisition strategy with robust pipeline  Commercial investments are fueling momentum and generating organic growth SERVICE: T H E T I M E L E S S D I F F E R E N T I A T O R PolyOne Corporation 40 T A L E N T D E V E L O P M E N T PolyOne Corporation 41 Leadership Program Participants 2012 2013 2015 47 86 2016 2019 125 169 412 Campus Hires 2008 2011 2017 25 90 47 PolyOne LSS Blackbelts 2008 2011 2019 67 247 147 2019 134 A U N I Q U E C U S T O M E R E X P E R I E N C E Industrial Design IQ DESIGN PolyOne Corporation 42 Computer Aided Engineering Design Strategy 3 15 Designers & Engineers $0 $15M $4M $87M Opportunity funnel Total Revenue LSS CUSTOMER FIRST PolyOne Corporation 43 Customer Engagements Enables sales growth by building more intimate customer relationships, giving us insight to customers’ needs, with a service that is not easily replicated 2 210 I N N O V A T I N G W I T H P O L Y O N E PolyOne Corporation 44 SEGMENT HIGHLIGHTS C O L O R , A D D I T I V E S & I N K S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 45 Solid Colorants Performance Screen Printing Inks Liquid Colorants Wire & Appliances Electrical & Electronics Operating Income & MarginRevenue by Region C O L O R , A D D I T I V E S & I N K S 2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N PolyOne Corporation 46 34% United States 44% Mexico South America $4 $25 $104 $147 0.9% 5.5% 12.2% 14.7% S P E C I A L T Y E N G I N E E R E D M A T E R I A L S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 47 Engineered Formulations Advanced Composites Thermoplastic Elastomers Telecommunications (FOC) Electrical & Electronics Building & Construction Note: (FOC) refers to Fiber Optic Cabling S P E C I A L T Y E N G I N E E R E D M A T E R I A L S Revenue by Region Operating Income & Margin 2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N PolyOne Corporation 48 27% United States 54% 17% $21 $57 $87 0.1% 5.1% 9.3% 11.6% D I S T R I B U T I O N E N D M A R K E T S & S U P P L I E R S PolyOne Corporation 49 28% 23% Electrical & Electronics Building & Operating Income & Margin2019 Revenue | $1.2 Billion $25 $63 $75 $20 2.9% 4.0% 5.9% 6.3% http://www.polyone.com/Pages/VariationRoot.aspx O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S PolyOne Corporation 50 Performance Polyethylene Pigments Styrenic Block Copolymer 7% Nylon TiO2 Polypropylene Dyestuffs Plasticizers Other Raw $900 million of raw material purchases in 2019 excluding Distribution business Note: All figures exclude divested PP&S business T A R G E T E N D M A R K E T S & A P P L I C A T I O N E X A M P L E S PolyOne Corporation 51 Thermally Conductive Chemical Resistant Polymer Colorants Elastomeric Grips and Handles Structural Composites Antimicrobial Technologies Anti-Counterfeiting Target End Markets… Healthcare Catheter Technologies Under-hood Components Target End Markets… Automotive Interior Structural Sound & Vibration Management Roof Systems Air Management Electronics and Cameras Lighting Exterior / Interior Trim Braces & Brackets Fasteners Seals & Flaps Target End Markets… Consumer Thermally Conductive Polymer Colorants Elastomeric Grips and Handles Structural Composite Oxygen Scavenger Laser Marking Additives Antistatic Technologies UV Light Barrier Technologies Cap & Closure Colorants Process Optimization Antioxidant Technologies Density Modified Target End Markets… Packaging  Impart weight, sound and metallic finish to caps and closures for cosmetics and spirits applications  Elevate quality and prestige perceptions among high-end consumers  Eliminate time and cost associated with secondary operations and assembly Luxury Packaging GravitechTM Density Modified Polymers  Eliminate costs by increasing pigment density  Enhance color performance without altering form and formulation  Increase design capabilities by reducing weight and layer thickness Optimize Color Usage OnColorTM Super Concentrates  Inhibit microbial growth on polymer surfaces  Enhance value or products and devices  Highly versatile concentrate with the ability to be incorporated into a wide variety of products Combat Bacteria Formation WithStandTM Antimicrobial Technology  Durable, long-lasting products stand up to the most aggressive disinfectants  Minimize environmental stress cracking and discoloration  One of the broadest medically approved polymer and colorant portfolios Medical Device Housings Chemically Resistant Engineered Polymers Color & Design Services  Greater control of color development and supply chain  Work across entire design process from concept to commercialization  Inspire creativity in the use of polymer materials, colors, and effects  Innovative brand differentiation  Faster development timelines Outdoor Applications  Leading provider of high performance specialty materials for the recreational and sports & leisure industry  Well positioned across all segments to address market needs  Metal to Polymer Conversion  Lightweighting  Thermal Management  Impact Performance  ColorMatrix Fiber Colorant Solutions  Proprietary advanced liquid color formulations and equipment enable greater efficiency and productivity  Eliminates aqueous dyeing and its associated wastewater treatment  Solid Color Concentrates  Extrusion-spun fibers colored via solid masterbatch Fiber Colorants PolyOne Corporation 63 Global high yield & leveraged finance Conference Forward Looking Statements USE OF �NON-GAAP�MEASURES Vision Safety First Commodity to Specialty Transformation PolyOne�2019 Revenue | $2.9 billion Slide Number 8 Sustainable Path to Double-Digit EPS Growth Expansion of Commercial Resources driving growth The Evolving Customer Relationship Slide Number 12 Aligning with trends for Growth Revenue from Sustainable Solutions Innovation 3 Horizons of Development Innovation Spotlight: Composites COMPOSITE MATERIALS COMPOSITEs Portfolio�Diverse Capabilities and Solutions Serving Manufacturers and OEMS PolyOne applications in Fiber optic cables Fiber optical growth drivers Invest-to-Grow M&A Strategy Invest-to-Grow M&A Playbook Invest-to-Grow Proof of performance Clariant Masterbatch Acquisition Drives�Next Level Specialty Transformation Transformation Headlines Fit with Four Pillar Strategy End Market Transformation End Market Transformation Complementary Geographic Presence Slide Number 31 PolyOne + Clariant Masterbatch Business Over 85% of Adjusted EBITDA from Specialty Transaction overview Significant Synergy Opportunities Attractive Financing Structure Slide Number 37 Returning cash to shareholders�Over $1.2 Billion since 2011 Why Invest In PolyOne?

产品牌号 硬度 颜色 包覆成型 应用 密度 Versaflex™ HC 2110-35N 34A 本色 PP/PE 0.89 注塑的自密封和胶盖 Versaflex™ HC 2110-57B 57A 黑色 PP 1.01 注射器胶塞 Versaflex™ HC MT224 75A 透明 PP 0.89 医疗管材 Versaflex™ HC BT218 67A 半透明 — 0.89 可焊接生物制药管材 Versaflex™ CL 2242 43A 透明 PP 0.89 包覆成型以满足 Versaflex™ CL 2250 50A 透明 PP 0.89 Versaflex™ OM 1040X 40A 本色/黑色 PC/ABS OM 0.92 Versaflex™ OM 3060 60A 透明 PC/ABS OM 0.90 医疗保健 TPE 埃万特是符合 USP VI， ISO 10993-4 和 10993-5 要求的高 性能材料。 对于脂肪类食品和 酒精含量超过8%的食 品；条件D-G) EU Versaflex™ CL2242 43A 透明 PP/PC/ABS 0.89 FDA 177.1210 (所有食品；条件A–H) N/A N/A Versaflex™ CL2250 50A 透明 PP/PC/ABS 0.89 N/A N/A Dynaflex™ G2780C 84A 半透明 PE 0.9 N/A N/A Versaflex™ FFC 2882-50 50A 半透明 PP 0.9 EU 10/2011 N/A FFC 2882-70 70A 半透明 PP 0.88 EU FFC 2882-87 87A 半透明 PP 0.88 EU FFC 3882-70 70A 本色 PETG, ABS, PC 1.1 EU OM 9100 系列 30–50A 半透明 PC/ABS 0.9 FDA 177.1210 N/A N/A 适合与食品接触的热塑性弹性体 不含双酚 A(BPA)，邻苯二甲酸盐或重 金属；符合 FDA， EU10 / 2011和中国 GB4806 的等级 耐磨性及抗撕裂，经过测试，可以安全 地用于微波炉和洗碗机 具有理想的包胶性能，不仅提供柔软的 表面触感，并可根据特定的舒适度要求 进行定制，包括减少振动和降低噪音 可注塑成型或直接在PP, ABS等基材上 包覆成型 无需二次加工，保证产品质量及稳定性 密度 合规 FDA EU GB Dynalloy™ FC 3510 系列 40–80A 本色 PETG, ABS, PC 1.04 FDA 177.1210 (水性食品；条件D-G) EU 10/2010 FC 7850 & 7860 系列 30–80A 半透明/本色 PP 0.88/0.99 通用 FDA (水性食品但酒精含量 不超过8%；条件B-G 。 对于脂肪类食品和 酒精含量超过8%的食 品；条件D-G) EU Versaflex™ CL2242 43A 透明 PP/PC/ABS 0.89 FDA 177.1210 (所有食品；条件A–H) N/A N/A Versaflex™ CL2250 50A 透明 PP/PC/ABS 0.89 N/A N/A Dynaflex™ G2780C 84A 半透明 PE 0.9 N/A N/A Versaflex™ FFC 2882-50 50A 半透明 PP 0.9 EU 10/2011 N/A FFC 2882-70 70A 半透明 PP 0.88 EU FFC 2882-87 87A 半透明 PP 0.88 EU FFC 3882-70 70A 本色 PETG, ABS, PC 1.1 EU OM 9100 系列 30–50A 半透明 PC/ABS 0.9 FDA 177.1210 N/A N/A 适合与食品接触的热塑性弹性体 不含双酚 A(BPA)，邻苯二甲酸盐或重 金属；符合 FDA， EU10 / 2011和中国 GB4806 的等级 耐磨性及抗撕裂，经过测试，可以安全 地用于微波炉和洗碗机 具有理想的包胶性能，不仅提供柔软的 表面触感，并可根据特定的舒适度要求 进行定制，包括减少振动和降低噪音 可注塑成型或直接在PP, ABS等基材上 包覆成型 无需二次加工，保证产品质量及稳定性 版权所有© 2024埃万特公司。

SPORTING GOODS Boots, bindings, protective equipment MARINE Hull reinforcement, seats, paddles 50% Long Glass Fiber Reinforced 50% Long Glass Fiber Reinforced PP + 0° 50% Long Glass Fiber Reinforced PP + 0°/90° 50% Long Glass Fiber Reinforced PP + 0°/90°/90°/0° 17K 28K 29K 50% Long Glass Fiber Reinforced PP + 0°/90°/0° 29K 31K +60.7% FLEXURAL STRENGTH (ASTM D7264) IMPACT RESISTANCE (ASTM D3763) 50% Long Glass Fiber Reinforced 50% Long Glass Fiber Reinforced PP + 0° 50% Long Glass Fiber Reinforced PP + 0°/90° 50% Long Glass Fiber Reinforced PP + 0°/90°/0° 50% Long Glass Fiber Reinforced PP + 0°/90°/90°/0° E ne rg y T ot al ( J) Fo rc e P ea k (k N ) 18 16 14 12 10 8 6 0 6.0 5.9 4.0 3.0 2.0 1.0 0.0 11.2 15.1 14.6 12.7 16.4 1.2 1.9 2.8 4.0 5.0 +58.3% +34.8% 50% Long Glass Fiber Reinforced 50% Long Glass Fiber Reinforced PP + 0° 50% Long Glass Fiber Reinforced PP + 0°/90° 50% Long Glass Fiber Reinforced PP + 0°/90°/90°/0° 17K 28K 29K 50% Long Glass Fiber Reinforced PP + 0°/90°/0° 29K 31K +60.7% FLEXURAL STRENGTH (ASTM D7264) IMPACT RESISTANCE (ASTM D3763) 50% Long Glass Fiber Reinforced 50% Long Glass Fiber Reinforced PP + 0° 50% Long Glass Fiber Reinforced PP + 0°/90° 50% Long Glass Fiber Reinforced PP + 0°/90°/0° 50% Long Glass Fiber Reinforced PP + 0°/90°/90°/0° E ne rg y T ot al ( J) Fo rc e P ea k (k N ) 18 16 14 12 10 8 6 0 6.0 5.9 4.0 3.0 2.0 1.0 0.0 11.2 15.1 14.6 12.7 16.4 1.2 1.9 2.8 4.0 5.0 +58.3% +34.8% Application design Modeling & simulation Prototyping & validation Material selection Composite/ resin compatibility Custom formulations Mold filling analysis Technical support Process optimization PROCESSING MATERIALS Material selection is crucial to an application’s success.

IMS 3.0 Color Matching Software: A cloud-based solution for managing color and inventory in the textile screen-printing market.

Textiles and Fabrics

Additives for meltblown nonwoven PP Super Black Textile Colorants

Initially available in overmolding grades compatible with PP, all grades are formulated to achieve comparable performance to traditional TPEs. RS7900-0001 30N RS7900-0001 45N RS7900-0001 60N RS7900-0001 70N Gen 1 Biomass Content (%) 35% 35% 35% 35% Hardness, Shore A 30A 45A 60A 70A Specific Gravity 1.0 1.1 1.1 1.1 50% Modulus, PSI 103 163 212 313 100% Modulus, PSI 127 192 247 355 Tensile Strength, PSI 564 759 920 1115 Elongation, % 699 692 712 727 Tear Strength, PLI 61 86 114 138 OM Substrate PP PP PP PP reSound™ BIO 7900 Series Copyright © 2023, Avient Corporation. This literature shall NOT operate as permission, recommendation, or inducement to practice any patented invention without permission of the patent owner. 1.844.4AVIENT www.avient.com RS2800-0001 30N RS2800-0001 45N RS2800-0001 60N RS2800-0001 70N Gen 1 Biomass Content (%) 50–60% 50–60% 50–60% 50–60% Hardness, Shore A 30A 45A 60A 70A Specific Gravity 0.85 0.85 0.87 0.86 50% Modulus, PSI 111 167 256 378 100% Modulus, PSI 137 203 301 430 Tensile Strength, PSI 514 807 1089 1118 Elongation, % 672 735 709 644 Tear Strength, PLI 68 102 144 166 OM Substrate PP PP PP PP reSound™ BIO 2800 Series

This is to certify that Fiber-Line, LLC 280 Performance Drive SE, Hickory, North Carolina 28602 USA Quality Management System ISO 9001:2015 Manufacture of textile components to cable manufacturers.