Dyneema® Unveils Breakthrough Innovation to Enable Weight Savings of up to 20% in Protective Body Armor Dyneema® Unveils Breakthrough Innovation, Dyneema® SB301 to Enable Weight Savings of up to 20% in Protective Body Armor.    

Avient also references “pro forma” financial metrics, which include the results of the proposed Dyneema acquisition. Morgan • New Senior Secured Term Loan B and new Senior Unsecured Notes • Potential proceeds from sale of Distribution business modeled to pay off 5.25% senior notes due 2023 and Term Loan • Acquisition aligned with Avient’s track record of disciplined capital allocation policy • Existing dividend policy maintained, focus on deleveraging in the near term (1) (1) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan Cash and Cash Equivalents 595$ Senior Secured Term Loan due 2026 605$ New Senior Secured Term Loan B 500 Total Senior Secured Debt 1,105$ Senior Unsecured Notes due 2025 650$ New Senior Unsecured Notes 740 Total Senior Unsecured Debt 1,390$ Total Debt 2,495$ Net Debt 1,900$ 2022 Pro forma Adjusted EBITDA 660$ Net Debt / Adjusted EBITDA 2.9x Pro Forma Capitalization (2022 estimates, all figures in $M) TWO-YEAR LEVERAGE GOAL 24 3.5x 2.7x 1.7x 2.9x 2.5x 2.2x 2019PF 2020PF 2022E 2022PF 2023E 2024E Dyneema® AcquisitionClariant Color Acquisition (1) Pro forma for the acquisition of the Clariant Color business (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan (1) (1) (2) 25 PRO FORMA MODELING 2022E Pro Forma Pro Forma ($M) w/ Dyneema w/Sale Revenue 5,100$ 415$ 5,515$ (1,775)$ 3,740$ Adjusted EBITDA 635 130 765 (105) 660 EBITDA % 12% 31% 14% 6% 18% Pro Forma EPS (Adjusted) 3.50$ 0.00$ 3.50$ (0.56)$ 2.94$ Pro Forma EPS (excl. amortization) 3.96$ 0.35$ 4.31$ (0.56)$ 3.75$ Leverage (12/31/2022E) Net Debt / Adjusted EBITDA 1.7x 3.5x 2.9x Avient Dyneema Distribution® ® OUR SPECIALTY JOURNEY ACQUISITION HISTORY 27 Commercial Resources(1) Operating Income ($ in millions) Operating Margins 259 360 At Acquisition 2021 $40 $122 At Acquisition 2021 9% 21% At Acquisition 2021 Established Acquisitions (> 7 years) + 39% + 210% + 1200 bps (1) Commercial Resources include associate headcount in R&D / Technical, Marketing and Sales CLARIANT COLOR ACQUISITION 28 $133 $205 2019PF 2021 28 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.1x 2019PF 2021 2021 w/ Full Synergies • 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 • $54 million of synergies realized in 2021 • Acquisition completed on July 1, 2020 for $1.45 billion. Financials are pro forma for the acquisition of Dyneema® and potential divestiture of Distribution Avient Specialty Formulators Other Specialty / Chemical Companies 30 CULTURE AND PEOPLE 31 OUR SPECIALTY JOURNEY CONTINUES 32 • Dyneema® brings leading technology and brand with the World’s Strongest Fiber™, deep history of application development and strong management team focused on specialty applications • Dyneema® transaction is aligned with our previously stated acquisition goal of expanding our composites and fiber capabilities • Similar to our other technology expansion acquisitions, Dyneema® allows us to leverage our invest-to-grow strategy • We plan to explore a possible sale of our Distribution business.

Dyneema® Launches New Fiber for Protective Gloves, Initiating Paradigm Shift in Light-Weight, Comfort and Strength Dyneema® Changes the Game of Fabric Engineering Yet Again with New Composite Technology... Dyneema® to Exhibit at the Functional Fabric Fair and Reveal Groundbreaking New Technology...

Dyneema® to Exhibit at the Functional Fabric Fair and Reveal Groundbreaking New Technology Dyneema® to Exhibit at the Functional Fabric Fair and Unveil Groundbreaking New Dyneema® Woven Composites To download a high-resolution image, pl

Circular Solution for Dyneema® Recognized as Milipol Innovation Awards Finalist End-of-life solution for Dyneema® based body armor honored at Milipol Paris 2023 CLEVELAND – NOVEMBER 14, 2023 – Dyneema®, owned by Avient Co

including the Dyneema® brand) ("Dyneema"), which is expected to close on In conjunction with the notes offering, the company also priced a secured term loan due 2029 (the "term loan") for the remaining funds needed for the Dyneema acquisition.  The company noted the all-in weighted average annual interest rate for the Dyneema acquisition financing is approximately 6.6%.

Dyneema®, the world’s strongest fiber™ The strength and versatility of Dyneema® make it ideal for a wide range of ballistic armor solutions for personal and vehicle protection   Explore Avient’s website for advanced composites, engineered fiber solutions, and Dyneema® materials to learn more.  

Dyneema®, the world’s strongest fiber™ The strength and versatility of Dyneema® make it ideal for a wide range of ballistic armor solutions for personal and vehicle protection   To learn more, explore Avient’s Advanced Composites here, Engineered Fiber Solutions here, and Dyneema® materials here.  

Dyneema® DM20 high molecular weight polyethylene fibers are utilized in offshore wind turbine projects  The Solution & Impact Avient Protective Materials worked with offshore wind farms to develop low pre-tension mooring systems made from Dyneema® DM20. Avient Protective Materials worked with offshore wind farms to develop low pre-tension mooring systems made from Dyneema® DM20.

The acquisition of Dyneema closed on Dyneema associated with the Dyneema acquisition.