In line with the continuing drive towards greater sustainability and circularity in the industry, we will demonstrate our latest advances in materials science at Chinaplas, from specialty colorants and color prediction to bio-based thermoplastic elastomers (TPEs) and engineered materials,” says Say-Eng Lee, Vice President and General Manager, Color & Additives Asia for Avient. ColorForward™ 2024: the 18th edition of Avient’s annual color forecasting guide, featuring a palette of 20 colors and effects selected by color, marketing, and social trend experts to help plastic product designers, brand managers, and marketing professionals make more informed color choices. Colorant Chromatics™ Transcend™ Premier Healthcare Colorants: bright, high-temperature solutions offered in pre-colored or concentrate form in a range of vivid opaque and transparent colors.

Senior Vice President and General Manager, Specialty Color, Additives and Inks, July 2006 to January 2010. In July 2015, the FASB issued Accounting Standards Update 2015-11, Inventory (Topic 300): Simplifying the Measurement of Inventory (ASU 2015-11), which applies to inventory measured using first-in, first out (FIFO) or average cost. Inventories External purchases of raw materials and finished goods are valued at weighted average cost.

PolyOne is supporting this trend with novel colors that add a spark of originality. PHOTO CAPTION: PolyOne supports creative design of electric vehicles with novel new colors. Michelle Maniscalco Senior Manager, Marketing Communications PolyOne Corporation +1 440-930-1988 michelle.maniscalco@avient.com

Avient is experiencing a significant surge in demand for sustainable materials solutions, particularly in the Asia-Pacific region,” said Derrick Chan, General Manager of Color & Additives Southeast Asia at Avient. This certification, in conjunction with the facility’s existing ISO 22000-certified Food Safety Management System and ISO 13485-certified Quality Management System for medical devices, also positions the Chin Bee site to meet stringent hygiene and regulatory requirements for products for mothers and children, food-contact packaging, and the medical and pharmaceutical industries. Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world’s strongest fiber™.

Rejoin™ PCR Colorants – allows 100% post-consumer recycled (PCR) packaging by using PCR as a carrier resin. In addition, ColorForward™ 2024, the annual color forecasting guide for the plastics industry, will be on display. With a palette of 20 colors and effects, the guide helps plastic product designers, brand managers, and marketing professionals make more informed color choices.  

It is available in liquid color form for injection molding applications using polyolefin resins. With lower minimum order quantities (MOQ) and flat pricing, inventory levels can be reduced and there is less potential for expired colorant to remain in stock. Quick Turnaround Less Inventory Flat Pricing Benefits of the ColorMatrix Small Order Service Lower Overall Cost • Consumer goods • Industrial

Consolidated sales expanded for the first time in seven quarters with contributions from both our Color, Additives and Inks, and Specialty Engineered Materials segments. Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share. Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Sales: Color, Additives and Inks $ 542.0 $ 524.5 $ 1,057.3 $ 1,061.5 Specialty Engineered Materials 308.1 300.8 622.5 610.5 Corporate (0.4) (0.9) (1.1) (1.9) Sales $ 849.7 $ 824.4 $ 1,678.7 $ 1,670.1 Gross margin: Color, Additives and Inks $ 184.5 $ 164.1 $ 355.7 $ 326.1 Specialty Engineered Materials 94.7 91.5 201.7 185.4 Corporate (21.6) (14.9) (21.6) (23.2) Gross margin $ 257.6 $ 240.7 $ 535.8 $ 488.3 Selling and administrative expense: Color, Additives and Inks $ 98.4 $ 96.1 $ 194.8 $ 192.5 Specialty Engineered Materials 51.9 51.8 105.5 102.6 Corporate 34.8 30.5 69.0 73.8 Selling and administrative expense $ 185.1 $ 178.4 $ 369.3 $ 368.9 Operating income: Color, Additives and Inks $ 86.1 $ 68.0 $ 160.9 $ 133.6 Specialty Engineered Materials 42.8 39.7 96.2 82.8 Corporate (56.4) (45.4) (90.6) (97.0) Operating income $ 72.5 $ 62.3 $ 166.5 $ 119.4 Depreciation & amortization: Color, Additives and Inks $ 21.8 $ 25.7 $ 43.7 $ 51.5 Specialty Engineered Materials 20.8 19.9 40.4 41.1 Corporate 2.3 2.0 5.1 5.5 Depreciation & amortization $ 44.9 $ 47.6 $ 89.2 $ 98.1 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 107.9 $ 93.7 $ 204.6 $ 185.1 Specialty Engineered Materials 63.6 59.6 136.6 123.9 Corporate (54.1) (43.4) (85.5) (91.5) Other (expense) income, net (0.9) (0.2) (1.8) 0.5 EBITDA from continuing operations $ 116.5 $ 109.7 $ 253.9 $ 218.0 Special items, before tax 28.1 21.7 34.3 49.0 Interest expense included in special items (1.0) — (1.0) — Depreciation & amortization included in special items (0.3) (0.1) (0.8) (1.9) Adjusted EBITDA $ 143.3 $ 131.3 $ 286.4 $ 265.1 13 Attachment 7 Avient Corporation Reconciliation of Non-GAAP Financial Measures (Unaudited) (In millions, except per share data) Senior management uses gross margin before special items and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and how it may serve as a basis for future performance.

As part of the OnColor™ Polymer Colorants masterbatch portfolio, this group of ten masterbatch colorants enables plastic to mimic naturally occurring materials such as stone, marble, and granite. EDITORS: For a high-resolution image, please click here: Color Shades of Nature Michelle Maniscalco Senior Manager, Marketing Communications PolyOne Corporation +1 440-930-1988 michelle.maniscalco@avient.com

Business Development Manager, Color and Additives Asia, February 2010 to January 2011. Inventory reserves totaled $34.5 million and $32.1 million at December 31, 2023 and 2022, respectively. Color and additive solutions include an innovative array of colors, special effects and performance-enhancing and sustainable solutions.

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