Home // Creating Circular Composites: Challenges and Opportunities for Polymer Materials Engineers In pyrolysis, the polymer matrix is oxidized at temperatures >500°C, recovering energy plus the fibers. In solvolysis, the chain length of matrix polymers is reduced toward monomers while removing the matrix from the fibers so that both the fibers and matrix chemical products can be recovered.

Home // Creating Circular Composites: Challenges and Opportunities for Polymer Materials Engineers In pyrolysis, the polymer matrix is oxidized at temperatures >500°C, recovering energy plus the fibers. In solvolysis, the chain length of matrix polymers is reduced toward monomers while removing the matrix from the fibers so that both the fibers and matrix chemical products can be recovered.

However, this semi-crystalline-engineered thermoplastic has toxicity issues due to its residual formaldehyde content, a substance of very high concern (SVHC), according to the European Chemicals Agency (ECHA). Fortunately, polymers based on polyketone (PK) offer a strong potential to replace POM by delivering equivalent performance and avoiding the toxicity issues of formaldehyde. PK materials also offer sustainability advantages over POM by emitting lower carbon emissions during polymer production.

However, this semi-crystalline-engineered thermoplastic has toxicity issues due to its residual formaldehyde content, a substance of very high concern (SVHC), according to the European Chemicals Agency (ECHA). Fortunately, polymers based on polyketone (PK) offer a strong potential to replace POM by delivering equivalent performance and avoiding the toxicity issues of formaldehyde. PK materials also offer sustainability advantages over POM by emitting lower carbon emissions during polymer production.

However, this semi-crystalline-engineered thermoplastic has toxicity issues due to its residual formaldehyde content, a substance of very high concern (SVHC), according to the European Chemicals Agency (ECHA). Fortunately, polymers based on polyketone (PK) offer a strong potential to replace POM by delivering equivalent performance and avoiding the toxicity issues of formaldehyde. PK materials also offer sustainability advantages over POM by emitting lower carbon emissions during polymer production.

LEADING HOUSEHOLD GOODS MANUFACTURER L A U N D R Y D E T E R G E N T B O T T L E • Increase post-consumer recycled (PCR) content to help meet state minimum standards • Improve color consistency to achieve global brand harmony and enhance on-shelf presence • Raised PCR level to 40% of the bottle weight, meeting sustainability goals and minimum PCR content regulations • Reduced thickness of outer bottle layer by 30% while increasing opacity, and removed colorant from middle layer • Delivered improved color consistency • Offered cost savings with a concentrated solution • Deployed on-site scale-up support at all converter locations OnColor™ Polymer Colorants – Super Concentrated Formulation KEY REQUIREMENTS WHY AVIENT? AVIENT SOLUTION INCREASED PCR + CONSISTENT COLOR LEARN MORE Copyright © 2023, Avient Corporation. https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-sc-super-concentrate-technologies

In this rapidly evolving industry, you need to be able to meet your customers’ demands for ever-increasing bandwidth capabilities and faster data rates. We help you select the optimal polymer system for your specific application. Put our experience and technologies to work to develop specialty polymer solutions for portable satellite terminals or stationary land stations.

Mevopur™ Healthcare Functional Additives for Medical Devices and Diagnostic Equipment Mevopur™ Healthcare Functional Additives help protect and enhance the performance of polymers used in applications, such as medical housings, drug delivery devices, syringes and needles, diagnostics, and catheters. These functional additives are available as concentrates to dilute into the polymer or ready-to-use formulations that can be used without dilution. KEY CHARACTERISTICS • Manufactured at four ISO 13485 certified sites, providing global consistency and increased security of supply • Documented change control beyond CAS number reducing risk of change • Non-phthalate and formulated without animal- derived substances • Available for use in a wide range of polymers including polyolefins, styrenics, polycarbonate and alloys, polyester, POM • Functionality can be combined with colorants into convenient combination concentrates and ready-to-use formulations REGULATORY SUPPORT • Raw materials tested to: - ISO 10993-1 and USP biological evaluation - European Pharmacopeia 3.1.3/3.1.5 (polyolefin) - USP (polyethylene) - ICH Q3D elemental impurities • Registered Drug Master File (Type III) and/or Device Master File • Food contact established with FDA/EU* APPLICATION BULLETIN * FDA/EU compliance information available upon request FUNCTIONALITY TARGET APPLICATIONS DRUG DELIVERY DEVICES SYRINGES & NEEDLES DIAGNOSTICS CATHETERS Clarifying PP Sorbitol-free for transparent applications with reduced migration and improved thermal stability     Lubricant— permanent/ non-migrating Fast acting reduction in friction for wide variety of polymers such as PP, ABS, POM, PC Protection from UV in transparent applications for PP, PE, PETG, COP UV blocking in 290-450nm with no impact on clarity; can be combined with colors (e.g., amber)   Antistatic ready-to- use solution for PP, ABS, PC/ABS Permanent/non-migrating; fast decay time independent of % relative humidity  Gamma/e-beam sterilization protection of the polymer Preserving the properties of PP and COC/COP; reduction in yellowing using Color Compensation Technology (CCT) Reduced material consumption/cycle time—nucleation Fast acting new generation nucleant for PE and PP; improved thermal and mechanical properties allows wall thinning; reduction of tolerance/dimensional problems between different colors Laser marking replacing ink printing/labels Solvent-free, high-speed identification for Nd/YAG laser for PE,PP, ABS, PC, POM     Antioxidants for PE, PP, TPE Thermal protection during converting/downstream sterilization    Brand protection/ anticounterfeit Covert and non-covert systems   Healthcare use limitations apply—see below.

Silicone has excellent high temperature performance and chemical resistance. It is known that transparent polymer blend can be made of polymers with different refractive index provided the dimension of the dispersed phase is below the visual wavelength.

& Canada 64% Specialty Engineered Materials Color Additives and Inks 23% 10% 5% 4% Building & Energy Telecom Geography Segment Industry 4 CREATING A WORLD-CLASS SUSTAINABLE ORGANIZATION 1. 6% annualized long term sales growth leveraging sustainable solutions, composites, healthcare and emerging regions 2. PY $790 $719 $107 $114 Sales Adjusted EBITDA $0.42 $0.52 - 9% + 7% + 24% Sales Adjusted EBITDA Adjusted EPS 15 Q4 2023 SEGMENT PERFORMANCE 16 CAI $491 $459 Sales $70 $84 SEM $301 $260 Sales $55 $49 - 7% - 14%+20% - 11% Q4 EBITDA BRIDGE 17 $ millions CAI: Price / Mix 11 Deflation 14 SEM: Price / Mix 4 Deflation 9 Net Price Benefit 38 Cost Reductions 13 Wage Inflation (8) Other (2) Q4 2023 $114 Adjusted Q4 2022 $ 107 Demand (34) • Demand was down, but less than in previous quarters, due to slowing pace of destocking • Positive net price benefit: o CAI – Pricing flat with favorable mix from uptick in packaging and consumer end markets and raw material deflation o SEM - Pricing flat with favorable mix from Composites and raw material deflation • Cost reductions primarily driven by reduced administrative costs and cost synergies 2024 G U I DAN CE 2024 GUIDANCE Full Year 2024 Guidance Adjusted EBITDA $505 to $535 million Adjusted EPS $2.40 to $2.65 Interest Expense $105 to $110 million Adjusted Effective Tax Rate 23% to 25% Capital Expenditures ~$140 million 19 Q1 Adjusted EPS of $0.68 AP P E N DI X 21 Performance Additives 15% Pigments TiO2 Dyestuffs Polyethylene 10%Nylon Polypropylene Styrenic Block Copolymer Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RAW MATERIAL BASKET SEGMENT DATA U.S. & Canada 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS 23%Industrial Building and END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) 23 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2023 REVENUE | $2 .0 BILLION 34% 37% 21% END MARKET REGION 24 34% 21% 15% Building & 1% Energy COLOR, ADDITIVES & INKS 2023 REVENUE | $1 .1 BILLION 52% 35% 25 6%Industrial 12% 10% Defense Building & END MARKET REGION SPECIALTY ENGINEERED MATERIALS 32% 26% Building & 6% 2% Defense 1% (18% of sales) 2023 AVIENT REGIONAL SALES 25% Building & (36% of sales)Transportation 22% Building & 12% 6% US & Canada (41% of sales) 59% 22% Building & LATAM (5% of sales) 26 BY END MARKET Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability of results. Free Cash Flow Calculation December 31, 2023 Cash provided by operating activities $ 201.6 Taxes paid on gain on sale of business 104.1 Adjusted cash provided by operating activities $ 305.7 Capital expenditures $ (119.4) Free cash flow $ 186.3 Three Months Ended Year Ended 2023 2022 2023 2022 Sales: Color, Additives and Inks $ 459.4 $ 490.8 $ 2,007.4 $ 2,355.0 Specialty Engineered Materials 259.8 300.8 1,138.2 1,044.4 Corporate (0.2) (1.2) (2.8) (2.5) Sales $ 719.0 $ 790.4 $ 3,142.8 $ 3,396.9 Operating income: Color, Additives and Inks $ 61.8 $ 44.3 $ 259.9 $ 301.0 Specialty Engineered Materials 29.4 35.2 142.5 140.1 Corporate (48.1) (79.1) (205.6) (197.8) Operating income $ 43.1 $ 0.4 $ 196.8 $ 243.3 Other expense, net: $ 4.3 $ (28.4) $ 5.8 $ (59.7) Depreciation & amortization: Color, Additives and Inks $ 22.2 $ 25.2 $ 98.3 $ 101.3 Specialty Engineered Materials 19.8 20.3 81.5 48.7 Corporate 2.2 3.1 9.0 12.5 Depreciation & amortization $ 44.2 $ 48.6 $ 188.8 $ 162.5 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 84.0 $ 69.5 $ 358.2 $ 402.3 Specialty Engineered Materials 49.2 55.5 224.0 188.8 Corporate (45.9) (76.0) (196.6) (185.3) Other expense, net $ 4.3 $ (28.4) $ 5.8 $ (59.7) EBITDA $ 91.6 $ 20.6 $ 391.4 $ 346.1 Special items in EBITDA 22.3 86.8 110.4 162.5 EBITDA - excluding special items $ 113.9 $ 107.4 $ 501.8 $ 508.6 APM pro forma adjustments - 8 months 2022* — — — 83.1 Pro forma EBITDA $ 113.9 $ 107.4 $ 501.8 $ 591.7 * Pro forma adjustment for January - August 2022 APM results (period before Avient ownership). 3 AVNT February IR Presentation_w_Non-GAAP Recs.pdf AVNT February IR Presentation.pdf Avient corporation�investor presentation DISCLAIMER Slide Number 3 Creating a world-class�sustainable organization Top-tier sustainability performance�and recognition Slide Number 6 Slide Number 7 Portfolio transformation Slide Number 9 END MARKET observations�(% of company sales) Regional observations�(% of company sales) Slide Number 12 Slide Number 13 Slide Number 14 Slide Number 15 Slide Number 16 Slide Number 17 Slide Number 18 Slide Number 19 Slide Number 20 Slide Number 21 Slide Number 22 2023 segment, end market and Geography Color, Additives & Inks Specialty Engineered Materials Slide Number 26 AVNT Q4 2023 Earnings Presentation.pdf AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf IR Deck - AVNT-2023.12.31 (2.12.24 9PM Milestone February 12 0905 pm).pdf Attachment 3.26.24 - Public Lender Presentation Non-GAAP Attachments (005).pdf