Specialty Platform Specialty Platform Specialty Platform

Specialty Platform Specialty Platform Specialty Platform

HITTING THE SWEET SPOT FOR ARCHERY ENTHUSIASTS SPECIALTY MATERIALS AND UPGRADED DESIGN ACHIEVE GAME-CHANGING PRECISION © 2022, All Rights Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012 Interested in learning more about specialty TPEs or advancing your design? The existing grips, made out of a rigid polymer, didn’t hug the archer’s hand which could reduce shot accuracy and hinder performance. To correct this, Hoyt needed a new material formulation that could be used with their patented shape, would weather well, and provide an ergonomic feel with the proper durometer.

EDGETEK™ POLYETHERETHERKETONE (PEEK) HIGH PERFORMING MELT-PROCESSABLE POLYMER PRODUCT SELECTION GUIDE Edgetek™ Polyetheretherketone (PEEK) HIGH PERFORMING MELT-PROCESSABLE POLYMER PROPERTY CONDITIONS TEST METHOD UNITS EDGETEK™ ET9800-0001 EM EDGETEK™ ET9800-0002 RS EDGETEK™ ET9800-0003 RS EDGETEK™ ET9800-0004 RS EC LUBRIONE™ LB9800-0001 AR PHYSICAL Mold Shrinkage - Transverse – ASTM D955 in/in 0.014 0.010 0.011 0.009 0.014 MECHANICAL Tensile Strength - Yield – ASTM D638 PSI 14425 15640 23680 36500 19700 Tensile Elongation - Yield – ASTM D638 % 5.4 3.0 2.2 1.5 0.2 Tensile Elongation - Break – ASTM D638 % 19.5 3.1 2.2 1.5 1.9 Tensile Modulus – ASTM D638 PSI 555150 827700 1591300 5301000 2285600 Flexural Modulus – ASTM D790 PSI 529300 690700 1418300 3084300 1443400 Flexural Strength – ASTM D790 PSI 23500 27300 36000 52100 30300 IMPACT Izod, Notched – ASTM D256 ft-lbs/in 1.0 0.7 1.1 1.3 0.6 Izod, Unnotched – ASTM D256 ft-lbs/in N.B. 13.1 15.3 13.8 5.0 THERMAL Melting Point – – °C 343 343 343 343 343 Glass Transition (DSC) – – °C 143 143 143 143 143 Heat Deflection Temp 264 psi, Unannealed ASTM D648 °C 151 178 320 325 > 300 CLTE, Flow Direction 23°C to 140°C ASTM E831 cm/cm/°C 4.0E-05 5.5E-05 2.2E-05 7.0E-06 1.9E-05 CLTE, Flow Direction 140°C to 250°C ASTM E831 cm/cm/°C 9.7E-05 7.8E-05 2.3E-05 6.5E-06 2.2E-05 Polyetheretherketone (PEEK) is widely considered to be one of the highest performing melt-processable polymers in the industry. Avient’s specialty Edgetek™ PEEK formulations are capable of withstanding extreme operating environments, and should be considered for use particularly where other engineered polymers have failed. Ideal for metal replacement, these formulations can deliver robust performance in harsh environments without compromising physical integrity.

CASE STUDY: THERMA-TECH™ THERMALLY CONDUCTIVE FORMULATIONS Challe nge Accepted. Switching materials from a metal to a polymer carries large and potentially costly risks in terms of both performance and production, so Avient Design was consulted to help alleviate these concerns. Equipped with the necessary simulation software and a broad database of Avient’s Specialty Engineered Materials, Avient Design is able to evaluate a part’s performance in a given Avient thermoplastic.

Our offerings include specialty engineered materials, advanced composites, color and additive systems and polymer distribution. Sustainability Report | 2019 10 Communities Counting on Avient Avient supported customer operations in over 120 countries around the world in 2019, as we supply our specialty materials and formulated polymers that bring customers’ products to life. Sustainability Report | 2019 46 https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-color-additive-concentrates https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions 5G as a Sustainability Enabler Among many learnings, the COVID-19 pandemic has highlighted the need for better, faster and more reliable technology.

Innovation is the lifeblood of a specialty company. Our formulation expertise supports material science decisions, while our processing expertise guides customers to use the materials properly. EPS (ex Amort) 3.96$ 0.13$ 4.09$ (0.58)$ 3.51$ Pro Forma Leverage (12/31/2022E) Net Debt / Adjusted EBITDA 1.6x 3.4x 2.8x Forecast Dyneema Forecast + Dyneema Sale of Distribution Pro Forma 2022 TWO-YEAR LEVERAGE MODEL 20 3.5x 2.7x 1.6x 2.8x 2.4x 2.0x 2019PF 2020PF 2022E 2022PF 2023E 2024E Dyneema® AcquisitionClariant Color Acquisition (1) Pro forma for the acquisition of the Clariant Color business (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan (1) (1) (2) OUR SPECIALTY JOURNEY CONTINUES 21 • Dyneema® brings leading technology and brand with the World’s Strongest Fiber™, deep history of application development and strong management team focused on specialty applications • Dyneema® transaction is aligned with our previously stated acquisition goal of expanding our composites and fiber capabilities • Similar to our other technology expansion acquisitions, Dyneema® allows us to leverage our invest-to-grow strategy • The possible sale of our Distribution business also presents potential benefits with respect to leverage and EBITDA margins 46% 66% 86% 100% 0% 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) Building & 43% 14% Telecom. 2006 2022 Pro forma Building & Telecom.

The non-GAAP financial measures include: adjusted EPS, earnings before interest, tax, depreciation and amortization (EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty platform gross margin percentage, adjusted operating income, return on invested capital, net debt/ EBITDA, and the exclusion of corporate charges in certain calculations PolyOne Corporation Page 4 PolyOne Commodity to Specialty Transformation • Volume driven, commodity producer • Heavily tied to cyclical end markets • Performance largely dependent on non- controlling joint ventures 2000-2005 2006 - 2009 2010 – 2015 2016 and beyond • Steve Newlin appointed, Chairman, President and CEO • New leadership team appointed • Implementation of four pillar strategy • Focus on value based selling, investment in commercial resources and innovation to drive transformation • Substantial EPS growth from $0.13 to all-time high of $1.96 • Shift to faster growing, high margin, less cyclical end markets • Key acquisitions propel current and future growth, as well as margin expansion • Specialty mix expands to 65% of Operating Income – strongest mix of earnings in history • Deliver consistent double digit annual EPS growth • Maintain >35% vitality index • Pursue strategic acquisitions that expand specialty offerings and geographic breadth • Invest and grow current and next generation talent PolyOne Corporation Page 5 25 Consecutive Quarters of EPS Growth Note: 2009 has not been restated for subsequent changes in accounting principles or discontinued operations -$0.10 $0.00 $0.10 $0.30 $0.50 $0.60 2009 2010 2011 2012 2013 2014 2015 Adjusted Earnings Per Share -2% 0% 10% 2009 2010 2011 2012 2013 2014 2015 Adjusted Consolidated Operating Margin 2.8% 5.2% 5.6% 6.7% 8.3% 6.9% 9.5% PolyOne Corporation Page 6 2015 Revenues: $3.4 Billion End Markets 2015 Revenues: $3.4 Billion PolyOne At A Glance $0.12 $0.27 $0.21 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Adjusted EPS 66% Building & 10%Electrical & Textiles Distribution 29% PP&S Specialty 51% $1.96 PolyOne Corporation Page 7 Old PolyOne *Operating Income excludes corporate charges and special items 2% 43% 65% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2020 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 80%+ Specialty OI $5M $87M $229M Mix Shift Highlights Specialty Transformation Transformation 2020 Platinum Vision Platinum Vision PolyOne Corporation Page 8 Color and Engineered Materials at the Heart of Specialty Transformation OPERATING MARGIN 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 14.7% 16.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Platinum Vision COLOR, ADDITIVES AND INKS 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12.1% 14.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Platinum Vision SPECIALTY ENGINEERED MATERIALS PolyOne Corporation Page 9 2006 2015 2020 “Where we were” “Where we are” Platinum Vision 1) Operating Income % Specialty: Color, Additives & Inks 1.7% 16.7% 20%+ Specialty Engineered Materials 1.1% 14.7% 20%+ Designed Structures & Solutions 1.4% (2012) 3.0% 12 – 14% Performance Products & Solutions 5.5% 8.3% 10 – 12% Distribution 2.6% 6.6% 6.5 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 65% 80%+ 3) ROIC* 5.0% 11.8% 15% 4) Adjusted EPS Growth N/A 25 Consecutive Quarters of YOY EPS Growth Double Digit Expansion Proof of Performance & 2020 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period PolyOne Corporation Page 10 Therma-Tech™ & Sheet GEON™ Vinyl Polymer Colorants Therma-Tech™ TPE’s & Film TPE + OnForce™ Gravi-Tech™ Page 10 Film Target End Markets… Healthcare PolyOne Corporation Page 11 TPE + OnForce OnForce TPE Vibration Dampening (SEM/GLS) TPE & Film (SEM + DSS) Polymer Colorants (CAI) Thermatech Thermoplastic Elastomers TPE + OnForce OnForce Thermoplastic Elastomers Polymer Colorants (CAI) Sheet (DSS) Source: Outdoor Industry Association Target End Markets… Outdoor High Performance PolyOne Corporation Page 12 Sound & Vibration Management Fuel Handling Systems Interior & Exterior Trim Structural Braces & Brackets Interior Structural Components Lighting Air management Electronics & Cameras Fluid Handling Target End Markets… Automotive Underhood Components Roof Systems PolyOne Corporation Page 13 Target End Markets… Packaging PreservaPak™ OnColor™ Smart Batch™ VersaFlex™ TPE Cap Liner ColorMatrix™ Amosorb™ Oxygen Scavenger ColorMatrix™ Ultimate™ UV Light Barrier OnCap™ Laser Marking Additives PolyOne Corporation Page 14 Innovation Drives Earnings Growth *Specialty Platform revenue from products introduced in last five years $20 $53 2006 2015 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14% 28% 2006 2015 Specialty Platform Gross Margin 12% 43% 2006 2015 Target ≥ 35% Innovation Pipeline Potential PolyOne Corporation Page 15 2,883 2,414 2006 2015 Volume (lbs in millions) -16% $103 $192 2006 2015 Commercial, R&D and Marketing Spending ($M) +86% $303 $721 2006 2015 Adjusted Gross Margin ($M) +138% Investing to Drive Growth Ours Is Not a Cost Cutting Story PolyOne Corporation Page 16 Design and Service as a Differentiator Right Material & Color Desired Product Design Appropriate Manufacturing Process Delivering Concept to Commercialization Connecting the Dots with iQ Design Labs and InVisiO Color Design PolyOne Corporation Page 17 Customer First Through World-Class Service Strengthening relationships through:  Providing LSS services to small/medium sized customers  Providing training in Customer Centric Selling Skills with customers World’s Best Business Process Excellence Program in 2012* World’s Best Start-up program for Lean Six Sigma Deployment in 2009* 81% 93% 2006 2015 16.2% 9.7% 2006 2015 On-Time Delivery Working Capital % of Sales  52% of associates trained in LSS  Five consecutive years – CFO Magazine Best Working Capital Management in the chemical industry Commitment to Operational Excellence PolyOne Corporation Page 18 60% 97% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 Q4 2015 Pension Funding** As of December 31, 2015 Debt Maturities & Pension Funding Net Debt / Adjusted EBITDA*= 2.1x ** includes US-qualified pension plans only *TTM 12/31/2015 $550 $600 $200 $300 $400 $500 $600 $700 $800 2022 2023 Debt Maturities As of December 31, 2015 ($ millions) Coupon Rate: 3.750% 5.250% PolyOne Corporation Page 19 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return  Expanding our sales, marketing, and technical capabilities  Investing in operational and LSS initiatives  ~75% of capital expenditures fund growth initiatives Organic Growth Acquisitions Share Repurchases Dividends $0.16 $0.20 $0.32 $0.40 $0.48 $0.10 $0.20 $0.30 $0.40 $0.50 2011 2012 2013 2014 2015 2016 Annual Dividend  Targets that expand our: • Specialty offerings • End market presence • Geographic breadth  Synergy opportunities  Adjacent material solutions  Repurchased nearly 1.0 million shares in Q4 2015  Repurchased 15.8 million shares since early 2013  4.2 million shares are available for repurchase under the current authorization $0.24 PolyOne Corporation Page 20 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne? POL IR Presentation - February 2016 2.26.2016 ��PolyOne Investor Presentation�March 2016�� Forward-Looking Statements Use of Non-GAAP Measures PolyOne Commodity to Specialty Transformation 25 Consecutive Quarters of EPS Growth PolyOne�At A Glance Mix Shift Highlights Specialty Transformation Color and Engineered Materials at the�Heart of Specialty Transformation Proof of Performance & 2020 Goals Slide Number 10 Slide Number 11 Slide Number 12 Slide Number 13 Innovation Drives Earnings Growth Investing to Drive Growth Design and Service as a Differentiator Customer First Through World-Class Service Debt Maturities & Pension Funding Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return Why Invest In PolyOne?

Our offerings include specialty engineered materials, advanced composites, color and additive systems and polymer distribution. Sustainability Report | 2019 10 Communities Counting on Avient Avient supported customer operations in over 120 countries around the world in 2019, as we supply our specialty materials and formulated polymers that bring customers’ products to life. reSound™ Biopolymer Formulations combine engineering thermoplastic resins with bio-derived polymers such as PLA, PHB, PHBV and biopolyesters.

In automated systems, pipette tips are often made of conductive polymer materials, enabling the tip to sense the liquid and accurately measure the correct amount of liquid being transferred. Conductive pipette tips must meet demanding performance criteria and therefore require a polymer solution with a unique, and often difficult to achieve, blend of properties. Trilliant™ HC electrically conductive formulations can be specifically formulated for pipette tips to create a unique combination of electrical conductivity, mechanical properties and processability.