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Additionally, Adjusted EPS excludes the impact of special items and amortization expense associated with intangible assets.2 T RAN S FO R MAT IO NAL OVE RV IE W Avient Protective Materials Dyneema ® RECENT TRANSACTIONS Acquired Divested $1.45 B $0.95 B 4 Distribution UPDATED CAPITAL STRUCTURE & LIQUIDITY • Proceeds from completed sale of Distribution used to pay near-term maturing debt to strengthen balance sheet • Fixed/floating debt ratio of ~55/45 • Proven track record of deleveraging following major acquisitions through strong free cash flow generation • 2022 pro forma net debt/adjusted EBITDA expected to be 3.1x $725 $725 $575 $500 $600 $525 $650 $650 $600 Capital Structure Cash $544 Undrawn Revolver $250 Liquidity $3.15B $2.40B 2030 Notes 2029 Term Loan 2026 Term Loan 2025 Notes 2023 Notes After Dyneema Acquisition After Distribution Divestiture $794M (1) (1) $250M reflects estimated undrawn revolver following the divestiture of Distribution 5 PREVIOUS TRANSACTIONS Performance Solutions Products & $0.8 B COLOR $1.4 B Acquired (2020)Divested (2019) 6 • 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 • $75 million of realized synergies anticipated in 2022 • Acquisition completed on July 1, 2020 for $1.45 billion.

reSound™ REC TPE: developed for automotive interiors, formulated with 55% PCR content to offer a more sustainable alternative to standard TPE grades without compromising performance criteria such as UV stability, low VOC content, low odor, and low fogging in applications such as HVAC nozzles, interior mats and cup holders

Standard and custom shapes and sizes are available with a variety of resins including polyester, vinyl ester, and epoxy, and reinforcements including mat/roving (MR-GFRP) or unidirectional (U-GFRP) fiberglass, or high performance unidirectional carbon fiber.

Low-odor TPE for HVAC, non-slip surfaces and mats

The possibilities are nearly endless for how we can help beautify and enhance your product to set it apart from the competition.  Cesa™ Mat Additives Cesa™ Mat Additives

reSound™ REC TPEs: specially developed for automotive interiors, formulated with 55% post-consumer recycled (PCR) content to offer a more sustainable alternative to standard TPE grades without compromising performance criteria such as ultraviolet (UV) stability, low volatile organic compound (VOC) content, low odor, and low fogging in applications such as heating, ventilation, and air conditioning (HVAC) nozzles, interior mats, and cup holders

Our Board sets the appropriate “tone at the top” when it comes to risk tolerance and management. The 2021 performance goals were set in accordance with our strategic plan framework and annual operating plan, developed at the end of 2020. The SARs granted in 2021 to the Named Executive Officers are set forth in the 2021 Grants of Plan-Based Awards table of this proxy statement.