Versaflex™ HC Thermoplastic Elastomers provided a medical-grade TPE to help the customer meet necessary regulatory specifications and gain market share

Versaflex™ TPE delivers an FDA-compliant and soft touch for safety googles gasket

Versaflex™ HC Thermoplastic Elastomers provided a medical-grade TPE to help the customer meet necessary regulatory specifications and gain market share

Versaflex™ HC Thermoplastic Elastomers provided a medical-grade TPE to help the customer meet necessary regulatory specifications and gain market share

This includes masks, protective garments, medical tubing and packaging for personal care products. HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices Sustainability Report | 2019 46 https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations https://www.avient.com/oldsmartbatch-color-and-additive-concentrates https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles 5G as a Sustainability Enabler Among many learnings, the COVID-19 pandemic has highlighted the need for better, faster and more reliable technology. Additionally, these TPEs reduce VOCs, fogging and odor for vehicle interiors.

This includes masks, protective garments, medical tubing and packaging for personal care products. HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Goals & Metrics | Indices Sustainability Report | 2019 46 https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-color-additive-concentrates https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles 5G as a Sustainability Enabler Among many learnings, the COVID-19 pandemic has highlighted the need for better, faster and more reliable technology. Additionally, these TPEs reduce VOCs, fogging and odor for vehicle interiors.

Purchase price multiple rapidly declining on strength of business and synergy capture 12 $133 $201 2019PF 2022E 12 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.4x 2019PF 2021 2022E w/ Full Synergies (1) (1) 11.9% 16.3% 2019PF 2022E EBITDA Margins (1) CLARIANT COLOR: TRANSFORMATIONAL ACQUISITION ($ in millions) (1) Financial information is pro forma to include a full year of Clariant Color business SUNBELT PVC Resins DSS 20 Acquisitions $4.8B Investment $2.7B of Annual Revenue 5 Divestments $2.3B Proceeds TPE PP&S HISTORI C SPECI AL IZATION THROUGH M& A 13 Distribution DSM Protective Materials BOLT-ON AC QUI SITI ON HISTORY 14 Commercial Resources Operating Income ($ in millions) Operating Margins 259 363 At Acquisition 2022E $40 $139 At Acquisition 2022E 9% 22% At Acquisition 2022E Established Acquisitions (> 7 years) + 40% + 248% + 1300 bps I N V E S T T O G R O W S P E C I A LT Y T R A N SF O R M ATI O N T O D A Y 7% 46% 67% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2019 2021 2022 PF % o f A d ju st e d E B IT D A • Commodity JVs • Distribution • Performance Products & Solutions • Specialty Businesses (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution (1 ) (2) 15 Healthcare 4% Packaging 8% Consumer 10% Building & Construction 43% Industrial 15% Transportation 14% Energy 4% Telecom. 2% 2006 2022 Pro Forma Healthcare 8% Packaging 23% Consumer 21% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% Defense 6% END MAR KET F OCUS ON LESS CYCL IC AL I ND USTRI ES 16 14.8% 17.6% 21.0% 2018 2020 2022 PF 1.8% 2006 15.3% 16.2% 17.0% 2018PF 2020PF 2022E CAI 2.7% 2006 SEM SPEC IA LTY EBI TDA MA RGI N EX PANSION 17 • Portfolio transformation accelerates growth in less cyclical, higher margin end markets • Investments in our composites platform continue to drive margin expansion (1) (1) (1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition PORTFOLIO EVOLUTION OVER THE YEARS 18 Adj.

Purchase price multiple rapidly declining on strength of business and synergy capture 12 $133 $201 2019PF 2022E 12 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.4x 2019PF 2021 2022E w/ Full Synergies (1) (1) 11.9% 16.3% 2019PF 2022E EBITDA Margins (1) CLARIANT COLOR: TRANSFORMATIONAL ACQUISITION ($ in millions) (1) Financial information is pro forma to include a full year of Clariant Color business SUNBELT PVC Resins DSS 20 Acquisitions $4.8B Investment $2.7B of Annual Revenue 5 Divestments $2.3B Proceeds TPE PP&S HISTORI C SPECI AL IZATION THROUGH M& A 13 Distribution DSM Protective Materials BOLT-ON AC QUI SITI ON HISTORY 14 Commercial Resources Operating Income ($ in millions) Operating Margins 259 363 At Acquisition 2022E $40 $139 At Acquisition 2022E 9% 22% At Acquisition 2022E Established Acquisitions (> 7 years) + 40% + 248% + 1300 bps I N V E S T T O G R O W S P E C I A LT Y T R A N SF O R M ATI O N T O D A Y 7% 46% 67% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2019 2021 2022 PF % o f A d ju st e d E B IT D A • Commodity JVs • Distribution • Performance Products & Solutions • Specialty Businesses (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution (1 ) (2) 15 Healthcare 4% Packaging 8% Consumer 10% Building & Construction 43% Industrial 15% Transportation 14% Energy 4% Telecom. 2% 2006 2022 Pro Forma Healthcare 8% Packaging 23% Consumer 21% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% Defense 6% END MAR KET F OCUS ON LESS CYCL IC AL I ND USTRI ES 16 14.8% 17.6% 21.0% 2018 2020 2022 PF 1.8% 2006 15.3% 16.2% 17.0% 2018PF 2020PF 2022E CAI 2.7% 2006 SEM SPEC IA LTY EBI TDA MA RGI N EX PANSION 17 • Portfolio transformation accelerates growth in less cyclical, higher margin end markets • Investments in our composites platform continue to drive margin expansion (1) (1) (1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition PORTFOLIO EVOLUTION OVER THE YEARS 18 Adj.

Product designers and manufacturers are turning to thermoplastic elastomers (TPEs) to replace silicone and natural rubber. VERSAFLEX™ TPEs allow manufacturers to switch to more efficient processes that eliminate the time- consuming and costly assembly operations needed for old parts. PolyOne’s Onflex™ Lo TPE and Maxxam™ engineered material formulations are used for interior HVAC air flaps, trays, console carrier and instrument panels, and related interior parts.

PASSION PINK TPE 10