Microsoft PowerPoint - AVNT Q3 2024 Earnings Presentation_10.29_12PM AVIENT CORPORATION T H I R D Q U A R T E R 2 0 2 4 R E S U L T S A N D 2 0 2 4 F I N A N C I A L G U I D A N C E (NYSE: AVNT) O C T O B E R 3 1 , 2 0 2 4 D I S C L A I M E R Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. EBITDA $130 million +6% (+7% ex FX)Net Sales $815 million +8% (+8.5% ex FX) Net Sales $815 million +8% (+8.5% ex FX) Q 3 2 0 2 4 R E S U L T S TOTAL COMPANY ( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 ) $754 $815 Q3 23 Q3 24 $123 $130 Q3 23 Q3 24 Sales Adjusted EBITDA (in millions) $0.57 $0.65 Q3 23 Q3 24 (in millions) Adjusted EBITDA Adjusted EPS 5 + 8% (+8.5% excluding FX) + 6% (+7% excluding FX) + 14% (+16% excluding FX) Sales 6 Q3 2 024 RESULTS – ORGA NI C REVENUE GROW TH BY REGI ON VS PY 6 US & Canada Latin America EMEA Asia +9% +5% +11% +27% Avient ex. FX +8.5% FX -0.4% Total Avient +8.1% Note: Regional Sales Percentages exclude impact of foreign exchange COLOR, ADDITIVES & INKS SEGMENT ( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 ) $487 $522 Q3 23 Q3 24 $89 $97 Q3 23 Q3 24 Sales Adjusted EBITDA (in millions) (in millions) Sales Adjusted EBITDA 7 + 7% (+8% excluding FX) + 9% (+11% excluding FX) 18.3% +40 bps *18.7% * * Adjusted EBITDA Margin % • Sales growth driven by winning new product specifications in consumer & packaging, strong underlying demand in healthcare and improving demand in building & construction • Favorable mix and raw material deflation contributed to EBITDA margin expansion SPECIALTY ENGINEERED MATERIALS SEGMENT ( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 ) $268 $295 Q3 23 Q3 24 $51 $57 Q3 23 Q3 24 Sales Adjusted EBITDA (in millions) (in millions) Sales Adjusted EBITDA 8 • Sales growth driven by restocking in healthcare & consumer end markets and strong underlying demand for composite applications used in building & construction, energy and defense end markets • Favorable mix contributed to EBITDA margin expansion + 10% (+10% excluding FX) + 12% (+13% excluding FX) 19.0% +40 bps *19.4% * * Adjusted EBITDA Margin % 2 0 2 4 G U I D A N C E FY 20 24 GUIDA NC E Previous (Aug 6) Current Adjusted EPS $2.55 to $2.70 $2.63 to $2.67 Adjusted EBITDA $515 to $540 million $525 to $530 million Interest Expense $105 million $104 million Adjusted Effective Tax Rate 23% to 25% 23% to 25% Capital Expenditures & Investment in S/4 Hana ~$140 million ~$140 million 10 11 • Investor Day to be held December 4, 2024 at the NYSE, beginning at 10AM • The focus will be to do a deep dive on the Company’s strategy • Registration and microsite will be available in early November 20 24 AVI ENT INVESTOR DAY A P P E N D I X 18 Performance Additives 15% Pigments 13% TiO2 9% Dyestuffs 2% Polyethylene 10%Nylon 5% Polypropylene 4% Styrenic Block Copolymer 4% Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RA W MATERI AL BA SKET SEGMENT DATA U.S. & Canada 41% EMEA 36% Asia 18% Latin America 5% 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 19% Packaging 23%Industrial 16% Building and Construction 9% Telecommunications 4% Energy 5% Defense 7% END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) Transportation 10% Healthcare 7% 20 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N US & Canada 34% EMEA 37% Asia 21% Latin America 8% END MARKET REGION 21 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 9% Building & Construction 10% Telecommunications 1% Energy 2% COLOR , AD DI TI VES & INKS 2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N US & Canada 52% EMEA 35% Asia 13% 22 Packaging 5% Consumer 16% Healthcare 6%Industrial 16% Transportation 12% Telecommunications 9% Energy 10% Defense 18% Building & Construction 8% END MARKET REGION SPEC IA LTY ENGI NEER ED MATERI ALS Packaging 32% Consumer 26% Healthcare 9% Industrial 13% Building & Construction 6% Telecommunications 2% Energy 2% Defense 1% Asia (18% of sales) Transportation 9% 2 0 2 3 AV I E N T R E G I O N A L S A L E S Packaging 25% Consumer 13% Healthcare 5% Industrial 18% Building & Construction 9% Energy 5% Defense 8% EMEA (36% of sales)Transportation 13% Packaging 13% Consumer 22% Healthcare 10% Industrial 16% Building & Construction 12% Energy 6% Defense 8% US & Canada (41% of sales) Transportation 9% Packaging 59% Consumer 22% Healthcare 2% Industrial 8% Building & Construction 4% LATAM (5% of sales) Transportation 5% Telecommunications 4% Telecommunications 4% 23 B Y E N D M A R K E T Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability of results.

ED WARDS DESIGN & FABRICATION M O D U L A R M I L I T A R Y B A L L I S T I C S H E L T E R S • Blast and bullet resistance to protect soldiers and military assets in mortar pits, shelters, and guard towers • Lightweight for portability and quick deployment without heavy equipment • Specific colors required to provide visual cover in the field • Provided UL 752 Level 3 ballistic resistance, additional protection by layering panels • Reduced weight by 75% compared to steel, improved portability over concrete or sandbags • Enabled easy installation with common carpentry tools • Customized color formulations to meet needed camouflage without painting GlasArmor™ Ballistic Resistant Composite Panels KEY REQUIREMENTS WHY AVIENT?

WO O D P L A S T I C C O M P O S I T E ( W P C ) M F G S H E E T A N D D E C K I N G • Lightweighting solution offering energy savings and manufacturing efficiencies • Reduced downtime associated with poor quality rejections • Consistent and uniform cell structure in decking material • Compatibility with mono-core extrusion formula (rice hull bio-filler and virgin PVC) when used with a chemical foaming additive • Density control of 0.60-0.65 g/cc in production • Provided a CFA solution that offered energy savings, process optimization, and extended manufacturing run times • Enabled improved performance results and enhanced process control • Allowed tighter tolerance control with uniform cell structure, eliminating voids and surpassing density target ($100K savings) • Increased productivity and aesthetic finish with secondary operations (sanding) KEY REQUIREMENTS Excelite™ Chemical Foaming Additives (CFA) WHY AVIENT?

Ext Building Products OEM Application Snapshot E X T E R I O R BU I L D I N G P RO D U C T S O E M S H E E T / P R O F I L E E X T R U S I O N • Source a cost competitive and effective chemical foaming additive (CFA) with prompt availability • Incorporate a CFA lightweighting solution with consistent cell structure and density for better overall operational performance • Improve material usage while manufacturing on both single and twin screw processing equipment • Met customer needs and timing with effective and efficient CFA solutions • Provided formulations that improved the dispersion and efficacy for optimized performance and control in manufacturing • Offered application and processing expertise focused on specific customer manufacturing assets and operations, allowing improved material usage and reduced operational costs Hydrocerol™ and Excelite™ CFAs KEY REQUIREMENTS WHY AVIENT?

L E A D I N G W A S T E M A NAG E M E N T O E M I N D U S T R I A L C O N T A I N E R S • Eliminate shrinkage and warpage, and control dimensional aspects of finished parts • Improve quality assurance metrics and reduce downtime associated with quality rejections • Reduce process parameter changes and maintain consistency when running multiple colors • Lightweighting solution offering energy savings, process optimization & extended manufacturing run times • Preserved industrial waste container quality while maintaining functional performance and application dimensional stability • Provided xpertise in process optimization and polymer formulation, where material & mold flow, reducing cycle times, and color harmony between diverse polymers matter most • Accelerated speed to market by several weeks with versatile agnostic product forms (solid and liquid) coupled with technical service Hydrocerol™ and Excelite™ Chemical Foaming Agents (CFA) KEY REQUIREMENTS WHY AVIENT?

SPORTS EQUIPMENT OEM D I S C G O L F D I S C S • Replace incumbent polymer with an alternative material that offered consistent supply and comparable performance • Colorable and able to support product differentiation using special effects • Grippy but not tacky • Ability to meet varying flexibilities and weights • Professional Disc Golf Association approval • Presented a TPE with diverse durometers to support a range of disc capabilities, weights and grip features • Delivered a durable material with good flow characteristics for simple and economical production • Provided a natural, easy-to-color material with good UV resistance • Offered a breadth of material and specialty services to enable product line expansion using metallic effects, polymer additives, and additional material formulations Dynaflex™ Thermoplastic Elastomers KEY REQUIREMENTS WHY AVIENT?

OnFlex LO - HVAC Flap - Spanish PROVEEDOR TIER 2 R E J I L L A P A R A S I S T E M A S D E V E N T I L A C I Ó N Y C A L E F A C C I Ó N • Eliminar el post-calentamiento de las piezas a fin de lograr el nivel de olor necesario (≤3.0 VDA 270) • Tener la menor emisión de compuestos orgánicos volátiles (VOC/FOG) (VDA 278), con el mismo compresión set del material anterior • Menos pasos de procesamiento y menores costos de energía para el moldeador • Se lograron los niveles VOC/FOG requeridos y se cumplió el desempeño con el estándar de compresión set OnFlex™ LO REQUERIMIENTOS CLAVE ¿POR QUÉ AVIENT?

Gas Pipe Mfgr Application Snapshot G A S D I S T R I BU T I O N P I P E M A N U FAC T U R E R P R O F I L E E X T R U S I O N • Meet Plastic Pipe Institute (PPI) gas distribution pipe approval requirements for ASTM D2513 and PE2708 MDPE • Reduce the number of quality complaints through enhanced color distribution and consistency • Eliminate late notifications and poor communications with a higher level of customer service from their supplier • Provided a PPI-approved colorant as required with the added benefit of additional UL and NSF approvals • Supplied improved solid colorant formulation resulting in fewer customer complaints • Offered a premier problem solving approach with enhanced communications and increased sense of urgency OnColor™ Yellow Solid Colorant KEY REQUIREMENTS WHY AVIENT?

MEDICAL DEVICE MA NUFAC TURER S T E T H O S C O P E S • Provide a silicone paste colorant dispersion for liquid silicone rubber (LSR) to use in stethoscope ear tips • Create a custom-colored vinyl plastisol formulation for stethoscope tubing • Harmonize color across materials to meet specific process and performance requirements • Deliver effective communication and cross-functional collaboration • Offered dependable silicone paste colorants that allowed for comfort and easy sterilization • Provided a colored vinyl plastisol to reduce tackiness and support product longevity • Collaborated internally to align all materials and provide color consistency across components • Supported fast color changes and met quality specifications through constant communication and technical expertise Silcopas Silicone Paste Colorants and CORE Vinyl Plastisols for Healthcare KEY REQUIREMENTS WHY AVIENT?

S A F E T Y P ROT E C T I O N B R A N D S A F E T Y G O G G L E G A S K E T • Good adhesion onto polycarbonate (PC) • Flexible and comfortable to wear • FDA compliant • Customized a Shore 43A TPE with good adhesion to PC frame • Delivered soft-touch and non-tacky feel • Complied with FDA 21 CFR 177.2600 Custom Versaflex™ Thermoplastic Elastomers (TPEs) KEY REQUIREMENTS WHY AVIENT?