We then paid down $950 million of debt, providing us a strong balance sheet to navigate through this period of macro-economic uncertainty.” 3 “We have never wavered from our goal of becoming a specialty formulator.

We have not wavered from our strategy of becoming a specialty formulator.

Patterson added, “We have been on a multi-year journey to transform our portfolio and become a premier formulator of specialty and sustainable solutions.

No matter how many times you expose TPEs to sufficient heat they will become soft and re-harden when cool.

If Seller, acting reasonably, determines that the financial responsibility of Buyer has become impaired or otherwise unsatisfactory to Seller, Seller may require advance payment or the posting of satisfactory security by Buyer, and may withhold shipments until Buyer makes such payments or posts such security; such action by Seller shall not constitute a change of payment terms hereunder.

It carries the potential to act as an enabler of environmental sustainability and public health. Most importantly, it’s an opportunity for all stakeholders to become inspired to accelerate innovation in the ongoing pursuit of the next challenge that will come Avient’s way. In this way, we also keep today’s waste from becoming tomorrow’s contamination.

Proud The clear momentum an internally is underpinnin and Performance. 74424.indd main_5 3/16/20 12:25 PM Annual Report | 2019 6 P R O D U C T S 4424_NARc5.indd main_6 3/17/20 12:52 PM 7 Annual Report | 20197 Annual RepRe ort | 2012 9 0% 20% 40% 60% 80% 100% 2005 2010 2015 2019 PF** $14M $117M $273M $500M Over 85% of Adjusted EBITDA from Specialty % o f A d ju s te d E B IT D A * * Adjusted EBITDA is EBITDA excluding corporate costs and special items **2019E Pro Forma for the acquisition of Clariant’s Masterbatch business with synergies of $60M and the divestiture of our PP&S segment using 2018 financial information Specialty EBITDA Distribution $14M 87% 66% 46% 7% Since 2006 when we began our transformation to become a specialty company, we have been refining our portfolio of solutions and services to best serve our customers.

Direct operations Risk type & Primary climate-related risk driver Emerging regulation Carbon pricing mechanisms Primary potential financial impact Increased indirect (operating) costs Company-specific description Carbon emissions have become the subject of an increasing amount of state and local, regional, national, and international attention. Growing concerns about climate change may result in the imposition of additional regulations or restrictions to which Avient may become subject. We take 3 strategies to enable our customers to lower their carbon footprint: Reduce the carbon footprint of the polymer • Enable expanded use of recycled content • Expand product portfolio to include more bio/renewable-based resources • Enable the use of more carbon-efficient alternatives Reduce the carbon impact during end-use • Lightweighting • Leverage design expertise to drive product efficiencies Improve the recycling process • Upgrade downcycled material to a higher quality level • Stabilize the polymers in the recycling process Where products meet Avient’s sustainability standard, they carry the Sustainable Solutions label which also helps our customers achieve their sustainability goals through product offerings that have a lower overall emissions footprint.

Growing concerns about climate change may result in the imposition of additional regulations or restrictions to which Avient may become subject. Continued managerial support to the sites will help to ensure that all four projects carry through to completion. Water-related projects are carried out each year and typically are related to efficiency, consumption reduction, and risk reduction.

Ensure the base of the bottle does not have too much material or become thermally crystallized, as it will cause the bottle to become brittle