Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy

Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy

Purchase price multiple rapidly declining on strength of business and synergy capture (1) (1) (1) Financial information is pro forma to include a full year of Clariant Color acquisition ($ in millions) 11.9% 16.2% 2019PF 2021 EBITDA Margins (1) SPECIALTY TRANSFORMATION 7% 46% 66% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj us te d EB IT D A(1 ) JVs Distribution Performance Products & Solutions Specialty (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution (2) 29 12% 18% 16% 15% 15% 14% 14% 28% 28% 26% 25% 22% 21% 19% 16% 12% 9% 9% Av ie nt T od ay Av ie nt P F AV Y PP G KW R FU L R PM C E AL B FM C AS H EC L EM N H XL H U N SC L BN R U N VR Median: 21%Median: 15% 2022 EBITDA MARGINS VS.

Various techniques as appropriate to the situation but generally including: Correlation & regression analysis, pareto charting, fish-bone diagrams, Pp/Ppk/Cpk analysis, Control Charting, Statistical Studies of uncertainty in test results due to process, sampling and test variability (R&R), Uncertainty budgeting, Round-robin testing of control samples, proficiency testing, DFMEA & FMEA, Control plans, Process mapping & value stream mapping, Lean Six Sigma techniques, 5S, Formal Vendor Evaluation programs, tracking of vendor performance, vendor audits, customer visits, customer surveys, customer focus groups, etc. 6.

With the Clariant Masterbatch acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 24 Avient reflects 2021 estimated EBITDA of $510M OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 9.5 21.1 13.2 13.2 12.0 12.0 9.7 25.2 23.1 14.7 13.5 12.9 11.0 11.0 11.0 10.2 9.6 9.3 9.3 9.1 8.6 8.3 A vi en t K W R A V Y R P M G C P P P G F U L A L B E C L H X L IF F F M C G R A B N R F O E A S H C E S C L U N V R E M N H U N K R A Median: 11.0xMedian: 12.6x SUMMARY: WHY INVEST IN AVIENT?

112502 GY Pearl PP MASTERBATCH RD PP CC M29173 PP FR 8-6 LMS-1000

PG 36435 RD PP AS PP-SC5603 Black PP FR 8-6 LMS-1000

DK GREY/LP/PP PG 55210.00 YE PP PP FR 8-6 LMS-1000

GREY PLATE PP IX PP RED REACTION PP GREEN REACTION

123007 BLUE PP 123184 BLUE PP 133343 BLUE PP