Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to raise or sustain prices for products or services; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; the ability to obtain required regulatory approvals and otherwise consummate the proposed sale of the Distribution business; and other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions.

If a supplier is designated as medium or high risk, improvement actions may involve – but will not be limited to – QF-05 completion, an on-site audit request, and/or QMS development. 3.3 Supplier On-Site Audit When deemed necessary, Avient will perform on-site supplier audits to verify suppliers’ compliance with this SQM. Any additional Avient business unit/site-level-specific design, development, and shipping requirements not covered within this SQM shall be communicated to and agreed upon with the supplier. 4.2 Nonconforming Material, Containment, and Supplier Corrective Action If an Avient facility or customer receive defective product, Avient shall notify the supplier of the nonconformance. The extent of the controls may vary, depending on the nature and complexity of the product and processes, but should normally include:  Evaluation and qualification of sub-tier supplier facilities  Avient and/or Avient’s customer, where applicable  Control of nonconforming material  Corrective action and preventive action programs  A continuous quality improvement program Where appropriate and agreed upon by the supplier, Avient may specify what sub-tier suppliers may be used, evaluate and qualify the sub-tier supplier’s facilities, and assist the supplier in controlling the sub-tier supplier.

SHANGHAI – June 1, 2022 – Avient today launched a new family of Versaflex™ thermoplastic elastomer (TPE) materials developed for fatty-food-contact (FFC) applications that must comply with migration limit standards in Europe and North America. Avient product development efforts are focused on helping customers comply with the regulations in food contact applications,” said Matt Mitchell, director, global marketing, Specialty Engineered Materials at Avient. Avient’s expertise lies not only in formulation development but also in helping customers optimize their product design and increase the likelihood that the end product will be compliant.

In addition to its comprehensive portfolio of polymers, functional additives, and colorants for healthcare, PolyOne’s exhibit will include a sampling of healthcare application successes achieved through material science, industry expertise and comprehensive product development support. The portfolio also boasts the addition of Versaflex™ HC BT218, a new biopharmaceutical tubing grade developed in response to supply challenges and sterilization concerns for an array of medical devices OnColor™ HC Colorants for Healthcare: color concentrates developed to meet or exceed USP Class VI and ISO 10993 and formulated without heavy metals, phthalates and BPA or other requirements as specified

Avient has developed the approach of “Controlled, Consistent, Compliant” for our MEVOPUR™ and REMAFIN-EP™ products, designed specifically for healthcare applications. Documented design review and consultation before we begin development. We are proud to develop material formulations that can help customers more easily comply with local regulatory requirements.

This highly customizable set of technologies was developed to help our customers protect and grow market share while reducing risk efficiently.” PolyOne provides confidential, expert assistance with technology choice, design, and usage as well as process, product and specification development to assist brand owners in shortening product development times and maintaining quality levels for products that can benefit from positive identification.

A global business equipment manufacturer decided to develop a premium line of computer mouse products that offered improved ergonomics and soft-touch qualities. Key to the product development effort was a soft-touch grip that would give users a smooth feel, easy handling, and more physical comfort. The Avient team worked with the manufacturer to meet specific property needs and developed a customized solution that added soft-touch, ergonomic, and friction-free features.

In response, PolyOne Corporation (NYSE: POL) has developed new Geon™ Bold vinyl materials with dark, rich colors that stand up to the elements, especially heat build up, without losing their vibrancy or performance. To address these unmet needs, PolyOne developed Geon Bold vinyl solutions that deliver the preferred variety of color choices and the enduring performance that consumers demand.” Applications that are commercialized, or in development, include capstock and cladding for window and door lineals, decking railings, fencing, roofing and siding.

The cable sheathing formulation developed by PolyOne helped us to produce tougher, more chemically resistant cables for extreme conditions, while also meeting our high standards for quality and enabling strict regulatory compliance,” said Peter Gerstenberger, vice president for the Industrial Solutions business unit at LEONI. By working closely with LEONI we developed a highly-technical solution that offered the additional chemical resistance and durability they required,” commented Craig Nikrant, president, Global Specialty Engineered Materials, PolyOne Corporation. It develops and produces technically sophisticated products from single-core automotive cables through to complete wiring systems.

To support customers’ Device Master File submission for healthcare materials, Avient has developed and submitted a type III Drug Master File (FDA) for these colorants. Avient constantly monitors the evolution of regulations in the healthcare industry and develops products to help customers comply with them well before they come into effect,” said Beate Treffler, market development manager EMEA, Color and Additives, at Avient.