Thermoplastic Elastomers | Healthcare

Thermoplastic Elastomers | Challenge Accepted , Consumer Products , Outdoor

Continued R&D investment in current initiatives is expected · Steep increases in advanced economies' carbon prices · Considerable increases in emerging economies' carbon prices · Some change in carbon prices · Declining fuel prices · Regional variability in fuel prices, though slight net increase · Rising fuel prices 1 International Energy Agency World Energy Outlook 2021 The following summarizes Avient's climate-related risks and opportunities analyzed across multiple scenarios, in alignment with the Task Force on Climate-Related Financial Disclosures (TCFD) framework. ADAPTATION & STRATEGIC CONSIDERATIONS ADAPTATION & STRATEGIC CONSIDERATIONS · Avient's Environmental and Product Stewardship Polices set a foundation for greater operational and external policy expectations aligned with energy efficiency standards, renewable energy procurement, supplier engagement (i.e., Media & Stakeholder Analyses {MSA} climate criteria) · The current and future focus is on continued Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) assessments, reclassifications and communication on the safe use and handling of these substances. To help reduce consumption from non-renewable energy sources and facilitate the expansion of renewable energy availability, Avient continues to leverage Virtual Power Purchase Agreements (VPPA).

We are committed to the continual improvement of environmental performance, including compliance assurance, energy use and GHG emissions, water, waste, and biodiversity. As a member of the American Chemistry Council, we have adopted Responsible Care® Guiding Principles to guide our efforts in continuous improvement.

We are committed to the continual improvement of environmental performance, including compliance assurance, energy use and GHG emissions, water, waste, and biodiversity. As a member of the American Chemistry Council, we have adopted Responsible Care® Guiding Principles to guide our efforts in continuous improvement.

& 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% 17 (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 18 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% 19 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% 20 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. We also monitor earnings (defined as net income from continuing operations) before interest, taxes, depreciation and amortization (EBITDA) and adjusted EBITDA (EBITDA before the impact of special items) as a supplement to our GAAP measures. Three Months Ended June 30, 2024 2023 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 33.6 $ 0.36 $ 22.1 $ 0.24 Special items, after-tax 21.8 0.24 19.6 0.21 Amortization expense, after-tax 14.8 0.16 16.2 0.18 Adjusted net income / EPS $ 70.2 $ 0.76 $ 57.9 $ 0.63 Three Months Ended June 30, Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 Net income from continuing operations – GAAP $ 33.8 $ 22.3 Income tax expense 11.2 10.4 Interest expense, net 26.6 29.4 Depreciation & amortization 44.9 47.6 EBITDA from continuing operations $ 116.5 $ 109.7 Special items, before tax 28.1 21.7 Interest expense included in special items (1.0) — Depreciation & amortization included in special items (0.3) (0.1) Adjusted EBITDA $ 143.3 $ 131.3 Adjusted EBITDA as a percent of sales 16.9 % 15.9 % 1 Three Months Ended June 30, 2024 2023 Sales: Color, Additives and Inks $ 542.0 $ 524.5 Specialty Engineered Materials 308.1 300.8 Corporate (0.4) (0.9) Sales $ 849.7 $ 824.4 Operating income: Color, Additives and Inks $ 86.1 $ 68.0 Specialty Engineered Materials 42.8 39.7 Corporate (56.4) (45.4) Operating income $ 72.5 $ 62.3 Depreciation & amortization: Color, Additives and Inks $ 21.8 $ 25.7 Specialty Engineered Materials 20.8 19.9 Corporate 2.3 2.0 Depreciation & amortization $ 44.9 $ 47.6 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 107.9 $ 93.7 Specialty Engineered Materials 63.6 59.6 Corporate (54.1) (43.4) Other expense, net (0.9) (0.2) EBITDA from continuing operations 116.5 109.7 Special items, before tax 28.1 21.7 Interest expense included in special items (1.0) — Depreciation & amortization included in special items (0.3) (0.1) Adjusted EBITDA $ 143.3 $ 131.3 Adjusted EBITDA as a percent of sales: Color, Additives and Inks 19.9 % 17.9 % Specialty Engineered Materials 20.6 % 19.8 % 2 Year Ended December 31, 2023 Operating income: Color, Additives and Inks $ 259.9 Specialty Engineered Materials 142.5 Corporate (205.6) Operating income $ 196.8 Depreciation & amortization: Color, Additives and Inks $ 98.3 Specialty Engineered Materials 81.5 Corporate 9.0 Depreciation & amortization $ 188.8 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 358.2 Specialty Engineered Materials 224.0 Corporate (196.6) Other income, net 5.8 EBITDA from continuing operations 391.4 Special items, before tax 114.6 Interest expense included in special items (2.3) Depreciation & amortization included in special items (1.9) Adjusted EBITDA $ 501.8 3 Avient Q2 2024 Webcast Slides_for website_with non-GAAP_8_5.pdf IR Deck - AVNT-2024.06.30 - 8.02.24 1130AM.pdf Attachment Avient Q2 2024 Webcast Slides_for website_with non-GAAP.pdf AVNT cover slide.pdf

Dyneema®, the world's strongest fiber™, which enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility

Seat Ventilation Tube Case Study Snapshot L E A D I N G LU X U RY C A R M A N U FAC T U R E R S E A T V E N T I L A T I O N T U B E • Reliable sealing performance • Good bonding ASA+PBT • Excellent chemical resistance and good flexibility • Provided a TPE with good flexibility to maintain a tight seal within the ventilation system, preventing air leaks and ensuring efficient airflow • Formulated a durable and chemically resistant grade to help withstand the various stresses and environmental conditions that the ducts may encounter • Offered quick technical support to fix the leak problem for customer Versaflex Thermoplastic Elastomers KEY REQUIREMENTS WHY AVIENT? https://www.avient.com/products/thermoplastic-elastomers/versaflex-thermoplastic-elastomers Slide 1: Leading Luxury Car manufacturer

H O M E W A R E P RO D U C T S M A N U FAC T U R E R C L I P & L O C K C L O S U R E • Food contact compliance • Good compatibility • Excellent hinging properties • Reduce strain marks • Retain clarity • Provided extensive technical support throughout formulation development • Met exact mechanical properties, provided excellent hinging properties and reduced strain whitening marks • Increased flexibility & lowered temperature flexing properties • Enabled customer to differentiate products & add value for the end consumer Versaflex™ Thermoplastic Elastomer KEY REQUIREMENTS WHY AVIENT? https://www.avient.com/products/thermoplastic-elastomers/versaflex-thermoplastic-elastomers Homeware products manufacturer

AUTOMOTIVE OEM W A T E R P R O O F S E A L O N A C C E S S O R Y P A R T • FDA food contact compliance • Color match to OEM-specified gray • 70 Shore A durometer for overmolding to PP • Scratch and mar resistance • Provided material compliant with FDA 21 CFR 177.1210 • Supplied both the base resin and at-press colorant to meet OEM specifications • Offered TPV alloy grade that enabled easy processing and durable surface aesthetics • Specified material in North America with design engineers and supplied out of a facility in China to meet production needs Versalloy™ XL Thermoplastic Elastomer KEY REQUIREMENTS WHY AVIENT? All Rights Reserved https://www.avient.com/products/thermoplastic-elastomers/versalloy-thermoplastic-elastomers