Home // A Guide to NIAS: Prioritizing Safety and Sustainability in Plastic Food Packaging Plastic packaging plays a vital role in our daily lives, providing both consumer convenience and product protection. The plastics industry faces the challenge of complying with several new regulations, such as the European Union's mandate for increased use of recycled materials in plastic packaging.

Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”). To provide comparable financial results, the Company references “pro forma” financial metrics, which include the business results of Clariant Color for periods prior to the Acquisition Date. Avient acquired Clariant Color on July 1, 2020 (the “Acquisition Date”).

Homepage // News Center // PolyOne Highlights New Automotive Solutions at VDI Engineering Plastics Conference MANNHEIM, Germany – PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, is exhibiting its specialty portfolio of technologies to automotive designers and engineers this week at the 2014 VDI Plastics in Automotive Engineering conference.  The VDI Plastics in Automotive Engineering conference is being held this week in Mannheim, Germany.

These materials are formulated using select engineering resins along with proprietary conductive additives, and have been shown to improve thermal conductivity by 50-100 times that of conventional plastics.  Learn the possibilities of replacing metal with plastics in thermal management.

Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”). Develop and implement solutions to end plastic waste while supporting AEPW $1.5B investment in key initiatives. 2030 SUSTAINABILITY TARGETS 15 PEER COMPARISONS 16 $442 $457 $560 $1.74 $1.93 $2.80 FULL YEAR 2019 – 2021 ORGANIC GROWTH 17 Sales Adjusted EBITDA $3,981 $3,783 $4,300 + 8% (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition (1)(1) + 27% + 61% As a specialty formulator, we don’t require significant capital investment, as compared to the base resin raw material suppliers we purchase from. We will deliver for our stakeholders through multiple value creation levers—many of which are unique to Avient: o Demand for sustainable solutions, healthcare, and composites, together with Clariant Masterbatch revenue synergies, that will drive 2021 revenue growth of 14% and long-term growth in excess of GDP o Clariant Masterbatch cost synergy capture will result in significant near-term benefit In addition, we remain committed to increasing annual dividends in line with earnings growth and opportunistically buying back shares, all while remaining modestly levered.

OnColor FX colorants combined with material and process expertise help designers, marketers and plastics processors turn inspiration into reality for an enhanced shelf presence and market success.

Home // Using Post-Consumer Recycled Content in Plastic Packaging Closures Closures are critical to the plastic packaging system because they can protect the contents of the package and provide safety aspects for the consumer. This shift is improving access to PCR for closures specifically and, as a result, increasing the amount of PCR used across all plastic packaging, including in more challenging situations such as food-contact packaging.

Examples include: • Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy • Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce carbon footprint • Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility Avient employs approximately 9,300 associates and is certified ACC Responsible Care® and a founding member of the Alliance to End Plastic Waste. Purchase price multiple rapidly declining on strength of business and synergy capture 12 $133 $201 2019PF 2022E 12 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.4x 2019PF 2021 2022E w/ Full Synergies 11.9% 16.3% 2019PF 2022E EBITDA Margins CLARIANT COLOR: TRANSFORMATIONAL ACQUISITION (1) Financial information is pro forma to include a full year of Clariant Color business SUNBELT PVC Resins DSS 20 Acquisitions $4.8B Investment $2.7B of Annual Revenue 5 Divestments $2.3B Proceeds TPE PP&S HISTORIC SPECIALIZATION THROUGH M&A 13 Distribution DSM Protective BOLT-ON ACQUISITION HISTORY 14 Commercial Resources Operating Income Operating Margins 259 363 $40 $139 Established Acquisitions (> 7 years) + 40% + 248% + 1300 bps I N V E S T T O G R O W SPECIALTY TRANSFORMATION T O D A Y 46% 67% 86% 0% 60% 80% 2005 2010 2019 2021 2022 PF % o f A d ju st ed E B IT D A • Commodity JVs • Distribution • Performance Products & Solutions • Specialty Businesses (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution (1 ) (2) 15 Building & 43% 14% Telecom. 2% 2006 2022 Pro Forma 21% Building & Telecom. END MARKET FOCUS ON LESS CYCLICAL INDUSTRIES 16 14.8% 17.6% 21.0% 2018 2020 2022 PF 1.8% 2006 15.3% 16.2% 17.0% 2018PF 2020PF 2022E CAI 2.7% 2006 SEM SPECIALTY EBITDA MARGIN EXPANSION 17 • Portfolio transformation accelerates growth in less cyclical, higher margin end markets • Investments in our composites platform continue to drive margin expansion (1) (1) (1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition PORTFOLIO EVOLUTION OVER THE YEARS 18 Adj.

This represents a 45% increase over the prior year quarter, pro forma for the Clariant Masterbatch business.” The Company highlighted that integration of the Clariant Masterbatch business is continuing to exceed expectations. See Attachment 3 for a definition and summary of special items and Attachment 7 for a summary of pro forma adjustments associated with the Clariant MB Acquisition necessary to reflect Clariant MB adjusted results in all periods presented.

Leading in Sustainability — PolyOne and Clariant are both founding members of the Alliance to End Plastic Waste, and we are committed to meeting the needs of the present without compromising the ability of future generations to do the same Better Together: PolyOne and Clariant Masterbatch We are better together. UK Plastic Pact In January of 2019, Avient joined The UK Plastics Pact, a collaborative initiative committed to tackling plastic pollution.