Microsoft PowerPoint - AVNT Q3 2021 Earnings Presentation - WEBSITE AVIENT CORPORATION T H I R D Q U A R T E R 2 0 2 1 R E S U L T S (NYSE: AVNT) O C T O B E R 2 8 , 2 0 2 1 D I S C L A I M E R 2 Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”). This innovation drives performance and is reflective of consistent, strategic investments in technology and people Clariant Color business acquired July 1, 2020 1 1 2 3 5 7 7 7 9 10 30 40 14 25 13 22 35 9 19 13 18 41 Current Additional share needed to reach 2025 target B R A N D O W N E R S C O M M I T T E D TO I N C R E A S I N G U S E O F R E C YC L E D M AT E R I A L S 8 Brand Owner 1 Brand Owner 3 Brand Owner 2 Brand Owner 7 Brand Owner 4 Brand Owner 10 Brand Owner 6 Brand Owner 11 Brand Owner 5 Brand Owner 8 Brand Owner 9 Brand Owner 12 Brand Owner 13 Percent recycled plastic used: (examples and not exhaustive) (1) (1) Latest year reported.

Feierfeil-Straße 3 2380 Perchtoldsdorf GESCHÄFTSZWEIG 1 Handelsgewerbe und Handelsvertretung KAPITAL 1 EUR 35.000 STICHTAG für JAHRESABSCHLUSS 1 31. Dezember JAHRESABSCHLUSS (zuletzt eingetragen; weitere siehe Historie) 2 zum 31.12.2019 eingereicht am 19.06.2020 1 Erklärung über die Errichtung der Gesellschaft 001 vom 18.07.2019 5 Generalversammlungsbeschluss vom 31.03.2021 002 Änderung der Erklärung über die Errichtung der Gesellschaft in Punkt 1. EUR 35.000 1 ..................................................

Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”). This innovation drives performance and is reflective of consistent, strategic investments in technology and people Clariant Color business acquired July 1, 2020 1 1 2 3 5 7 7 7 9 10 30 40 14 25 13 22 35 9 19 13 18 41 Current Additional share needed to reach 2025 target B R A N D O W N E R S C O M M I T T E D TO I N C R E A S I N G U S E O F R E C YC L E D M AT E R I A L S 14 Brand Owner 1 Brand Owner 3 Brand Owner 2 Brand Owner 7 Brand Owner 4 Brand Owner 10 Brand Owner 6 Brand Owner 11 Brand Owner 5 Brand Owner 8 Brand Owner 9 Brand Owner 12 Brand Owner 13 Percent recycled plastic used: (examples and not exhaustive) (1) (1) Latest year reported. Sustainable Development Goals • Emphasized climate change commitment o Announced 2050 operational carbon neutrality and RE100 commitment o Alignment to Science Based Targets Reduce Scope 1 & 2 greenhouse gas emissions by 60%.

Results and Discussion TPE-1 TPE-1 is a translucent material of 45 Shore A. Figure 3 shows the capillary viscosity of TPE-1 and TPE-2 at 200oC. Bibliography 1.

IMPACT PROTECTION D E S I G N A N D M A T E R I A L S O L U T I O N S Avient Corporation 1 PROJECT KICK OFF B R I E F Application: Protective sports equipment Challenge: Provide functional material to protect against impact for chest protector Requirements: • Compact - reduce thickness and weight for improved comfort and functionality • Meet EN standards • EN1621-1 level 2 & EN1621-2 level 1 • Eliminate the use of foam and glue • Be waterproof and easy to clean • Sustainable • Easy to prototype & considers manufacturing efficiency Avient Corporation 2 VIBRATION DAMPING TECHNOLOGY (VDT) H O W D O E S I T W O R K ? Avient Corporation 3 Simplified Drop Test • 65g steel ball • Dropped from 305mm • Onto 3.175mm thickness flat samples Materials Tested • Standard TPE 30 Shore A • TPU alloy 60 Shore A • Damping TPE 32 Shore A VDT reduces bounce Avient Corporation 4 SIMULATION & CALIBRATION E N 1 6 2 1 - 1 L E V E L 2 Image courtesy of Airobag TV https://www.youtube.com/c/AirobagTV/videos Simulation of Impact A weight dropped onto protective element in contact with rigid substrate https://www.youtube.com/c/AirobagTV/videos Avient Corporation 5 SIMULATION & CALIBRATION E N 1 6 2 1 - 1 L E V E L 2 REFINING THE DESIGN D E S I G N A N D M A T E R I A L C O M B I N A T I O N Avient Corporation 6 • A number of different shapes and designs are created and simulated to determine which one works best • Refining to meet EN standard • VDT TPEs can help reach compliance with EN1621-1 level 2 and EN1621-2 level 1 • Optimum protection can be achieved by combining industrial design and engineering Avient Corporation 7 VALIDATION P R O T O T Y P I N G W I T H 3 D P R I N T I N G 3D Printing Validation -15% -10% -5% 0% 5% 10% Density Tensile Strength // Tear resistance // Rebound resilience 2mm 3D Printed VDT vs Injection Molded VDT can be 3D printed for concept evaluation early in the design process SUMMARY Avient Corporation 8 • Enabled a new, compact design with a customized VDT TPE formulation • Improved user comfort and functionality • Fulfilled EN standards • Reduced number of prototyping tools required • Reduced time spent in product development by 40 percent, enabling faster commercialization of product

Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”). Reduce Scope 1 & 2 greenhouse gas emissions by 35%. Operating Income $3,783 $4,100 2020PF 2021E Adjusted EPS (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Previous Guidance Current Guidance $3,783 $4,300 2020PF 2021E $308 $360 2020PF 2021E $308 $410 2020PF 2021E $1.93 $2.40 2020PF 2021E $1.93 $2.80 2020PF 2021E (1) (1)(1) (1)(1) (1) (in millions) (in millions) $442 $457 $560 2019PF 2020PF 2021E $1.74 $1.93 $2.80 2019PF 2020PF 2021E FULL YEAR 2019 – 2021 ORGANIC GROWTH ( T O TA L C O M PA N Y ) 23 Sales Adjusted EBITDA $3,981 $3,783 $4,300 2019PF 2020PF 2021E + 8% Adjusted EPS (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition (1) (1) (in millions) (in millions) (1)(1) + 27% + 61% (1) (1) 24 BA L A N C E S H E E T • Deleveraging to 1.9x net debt to adjusted EBITDA by the end of 2021 • Driven by record adjusted EBITDA performance and strong free cash flow generation from asset light business • Future cash deployment: M&A, opportunistic share repurchases and balance sheet / continued leverage reduction 3.5x 2.7x 1.9x 2019PF 2020PF 2021E Net Debt / Adjusted EBITDA (1) (1) ($ in m illions) 2021E Adjusted EBITDA 560$ Free Cash Flow 275$ Total Debt 1,860 Less: Cash (800) Net Debt 1,060$ 2021E Net Debt / Adjusted EBITDA 1.9x (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition PEER COMPARISONS 25 As a specialty formulator, we don’t require significant capital investment, as compared to the base resin raw material suppliers we purchase from.

BASE RESIN PPA PC PSU PES PPS CO- POLYMER ACETAL PEEK PA Barrel Temperatures* °F (°C) Rear Zone 550–580 (288–305) 520–560 (271–293) 600–640 (316–338) 630–660 (332–338) 550–580 (288–304) 350–370 (177–188) 660–700 (349–371) 440–490 (227–254) Center Zone 560–600 (293–316) 530–570 (277–299) 620–670 (327–354) 650–680 (343–360) 560–615 (293–324) 380–390 (193–200) 700–730 (371–388) 470–510 (243–266) Front Zone 580–620 (304–327) 550–580 (288–305) 630–680 (332–360) 670–730 (354–388) 590–630 (310–332) 390–430 (200–221) 720–750 (382–400) 490–540 (254–282) Nozzle 575–615 (302–324) 550–600 (288–316) 630–680 (332–360) 680–700 (360–371) 600–625 (316–330) 380–415 (193–213) 720–750 (382–400) 520–570 (271–300) Melt Temperature 575–615 (302–324) 560–600 (293–316) 625–675 (330–358) 650–710 (343–377) 600–625 (316–330) 370–410 (188–210) 670–740 (354–393) 520–570 (271–300) Mold Temperature 250–300 (121–150) 175–240 (80–116) 190–300 (88–150) 225–325 (107–164) 250–325 (121–164) 150–225 (66–107) 290–375 (143–190) 150–200 (66–93) Pack & Hold Pressure 50%–75% of Injection Pressure Injection Velocity in/s 1.0–3.0 Back Pressure psi 50 Screw Speed rpm 50–90 Drying Parameters °F (°C) 6 hrs @ 175 (80) 4 hrs @ 250 (121) 4 hrs @ 275 (135) 4 hrs @ 300 (150) 4 hrs @ 250 (121) 2 hrs @ 200 (93) 3 hrs @ 300 (150) 4 hrs @ 180 (82) Allowable Moisture % < 0.05 < 0.02 < 0.02 < 0.04 < 0.02 0.15–0.20 < 0.02 0.10–0.20 Cushion in 0.125–0.250 Screw Compression Ratio 2.5:1–3.5:1 2.0:1–2.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 Nozzle Type General Purpose General Purpose General Purpose General Purpose General Purpose General Purpose General Purpose Reverse Taper Clamp Pressure 5–6 Tons/in2 of projected area of cavities and runner system * Barrel temperatures should be elevated for compounds designed for electrical insulative properties. Step each 90° bend in the system down in size (from sprue to gate) approximately 1/16" (1.5mm) to reduce pressure drop Draft Angle • Maintain a minimum draft angle of 1/2° per side.

Base Resin PPA PC PSU PES PPS Co- polymer Acetal PEEK PA Barrel Temperatures* °F (°C) Rear Zone 550–580 (288–305) 550–590 (288–310) 600–640 (316–338) 630–660 (332–338) 550–580 (288–304) 350–370 (177–188) 660–700 (349–371) 440–490 (227–254) Center Zone 560–600 (293–316) 570–600 (300–316) 620–670 (327–354) 650–680 (343–360) 560–615 (293–324) 380–390 (193–200) 700–730 (371–388) 470–510 (243–266) Front Zone 580–620 (304–327) 580–630 (304–322) 630–680 (332–360) 670–730 (354–388) 590–630 (310–332) 390–430 (200–221) 720–750 (382–400) 490–540 (254–282) Nozzle 575–615 (302–324) 580–630 (304–322) 630–680 (332–360) 680–700 (360–371) 600–625 (316–330) 380–415 (193–213) 720–750 (382–400) 520–570 (271–300) Melt Temperature 575–615 (302–324) 580–625 (304–330) 625–675 (330–358) 650–710 (343–377) 600–625 (316–330) 370–410 (188–210) 670–740 (354–393) 520–570 (271–300) Mold Temperature 250–300 (121–150) 175–240 (80–116) 190–300 (88–150) 225–325 (107–164) 250–325 (121–164) 190–250 (88–121) 290–375 (143–190) 150–200 (66–93) Pack & Hold Pressure 50%–75% of Injection Pressure Injection Velocity in/s 1.0–3.0 Back Pressure psi 50 Screw Speed rpm 50–90 Drying Parameters °F (°C) 6 hrs @ 175 (80) 4 hrs @ 250 (121) 4 hrs @ 275 (135) 4 hrs @ 250 (121) 3 hrs @ 300 (150) 2 hrs @ 200 (93) 3 hrs @ 275 (135) 4 hrs @ 180 (82) Cushion in 0.125–0.250 Screw Compression Ratio 2.5:1–3.5:1 2.0:1–2.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 Nozzle Type General Purpose General Purpose General Purpose General Purpose General Purpose General Purpose General Purpose Reverse Taper Clamp Pressure 5–6 Tons/in2 of projected area of cavities and runner system * Barrel temperatures should be elevated for compounds designed for electrical insulative properties. Step each 90° bend in the system down in size (from sprue to gate) approximately 1/16" (1.5mm) to reduce pressure drop Draft Angle • Maintain a minimum draft angle of 1/2° per side.

The extract contains both the existing activities under the old classification of 2003, valid until 31/12/2007, as the new classification of 2008, valid from 1/1/2008. The extract contains both the existing activities under the old classification of 2003, valid until 31/12/2007, as the new classification of 2008, valid from 1/1/2008. The extract contains both the existing activities under the old classification of 2003, valid until 31/12/2007, as the new classification of 2008, valid from 1/1/2008.

Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”). Q 2 2 0 2 1 P E R F O R M A N C E U P D AT E $69 $122 2020PF 2021 $0.42 $0.87 2020PF 2021 Q2 2021 – ORGANIC PERFORMANCE ( T O TA L C O M PA N Y ) 10 Sales Adjusted Operating Income $870 $1,235 2020PF 2021 + 42% Adjusted EPS + 77% + 107% (in millions) (in millions) (1) (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Q2 2021 SEGMENT PERFORMANCE 11 CAI $488 $624 Sales ($ in millions) SEM Distribution $54 $86 Operating Income +28% +59% $239 $404 Sales $15 $24 Operating Income +69% +60% (1) $159 $241 Sales $17 $37 Operating Income +52% +118% (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition SPECIALTY EBITDA MARGIN EXPANSION 12 CAI (1) 2018-2020 financial information is pro forma to include a full year of Clariant Masterbatch business acquisition 15.3% 15.2% 16.2% 18.5% 2018 2019 2020 YTD 2021 14.8% 15.2% 17.6% 19.1% 2018 2019 2020 YTD 2021 (1) SEM • Continued portfolio transformation to high-growth end markets and sustainable solutions • Clariant Masterbatch synergy realization • Investments in composites and outdoor high performance applications drive growth and mix improvements CAI EBITDA MARGIN EXPANSION 13 Legacy CAI 18.9% 18.9% 20.3% 2019 2020 YTD 2021 Legacy Clariant MB 11.9% 13.8% 16.8% 2019 2020 YTD 2021 • Synergy capture translating to the bottom line • Positive mix with growth in healthcare, consumer and packaging end-markets • World-class vitality index of 35% represents sales from products introduced in the last five years. Clariant MB acquired July 1, 2020 COLORWORKS I N S P I R AT I O N .