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untitled CREATING A WORLD-CLASS, SUSTAINABLE ORGANIZATION ANNUAL REPORT 2019 74424.indd intro_1 3/16/20 12:25 PM 74424.indd intro_2 3/16/20 12:25 PM PolyOne Corporation (NYSE: POL), with 2019 revenues of $2.9 billion, is a premier provider of specialized polymer materials, services and sustainable solutions. We have eight primary ways we do this, by combining our material science expertise with the inherent sustainable benefits of polymers. No Surprises PledgeSM At PolyOne, we are committed to helping you grow your business with safe and environmentally sound solutions.

Unlike surface treatments, they are blended into the polymer during the spin-dyeing process and are more resistant to washing and wearing off. Organic antimicrobials consist of substances that migrate within the polymer matrix, spreading over the surface of the materials where their antimicrobial action has effect. Inorganic antimicrobials incorporate substances containing silver in ionic form, bound to inorganic compounds that regulate the diffusion of ions within the polymer mass.

It permits black polymers to be detected by near infrared (NIR) automatic sorting equipment, enabling recycling. Automatic sorting equipment relies on the reflectance of NIR wavelengths to identify polymers and properly sort packaging waste by plastic material. By using OnColor IR Sortable Black, black polymers will be detectable by NIR sorting equipment, allowing packaging to be sorted and sent for recycling instead of landfill or incineration, which is a key requirement in the circular economy system.

TECHNICAL BULLETIN ColorMatrix™ Joule™ RHB Fast Reheat Dispersions Handling and Usage ColorMatrix™ Joule™ dispersion fast reheat products are intended for use in PET (bottle polymer) production processes in the manufacturing of CSD 0.82IV reheat polymers and are used successfully throughout the world on all types of PET production technologies. The additive is not soluble in MEG, but is very thermally heat stable and at the low ppm addition levels commonly used has no measurable impact on the polymer process other than that coming from the blue tint introduced into the polymer. This simplifies the process concerns during trials and subsequent normal stable running conditions, enables optimization of levels per application/polymer type if required and should achieve proper downstream product performance

FIBERS PROCESSES PRODUCTS VECTRAN® LIQUID CRYSTAL POLYMER WHY VECTRAN® LIQUID CRYSTAL POLYMER? Molecular Structure Chemical Name Liquid Crystal Polymer (LCP). Composition Vectran® is an aromatic polyester spun from a liquid crystal polymer in a melt extrusion process.

Our exceptional polymer scientists and design engineers are integral to their product development process. That’s Avient. 21,000+ CUSTOMERS >75% ARE CUSTOMIZED SOLUTIONS TO UNIQUE SPECIFICATIONS of sales 18 AVIENT’S VALUE CREATION LEVERS 19 Exposure to high growth end markets Investment in commercial resources and innovation Strong free cash flow generation / capital deployment Clariant Masterbatch synergies COVID recovery Re-Rating: Current share price valuation Avient is poised for near-term and long-term shareholder value creation. 20 • 8% increase in sales drives 24% increase in adjusted EPS to $2.40 ($2.70 excluding step-up depreciation and amortization) as a result of continued growth in sustainable solutions and synergy capture • Clariant synergy capture ahead of schedule: $35M of savings planned from Clariant Masterbatch acquisition • Adjusted EBITDA of $510M – highest level in company history • Deleveraging ahead of schedule – 2.1x net debt to adjusted EBITDA by the end of 2021 2021 PROJECTIONS PEER COMPARISONS 21 As a specialty formulator, we don’t require significant capital investment, as compared to the base resin raw material suppliers we purchase from. 25 We are a specialty formulator that enables many of the world’s products through innovation and custom solutions.

Platform operating income mix percentage 2005Y* 2006* 2008Y* 2010Y* 2013Y Global Specialty Engineered Materials $ 0.4 $ 3.9 $ 17.6 $ 49.7 $ 57.2 Global Color, Additives and Inks 4.3 8.9 28.1 37.7 104.0 Designed Structures and Solutions - - - - 33.4 Specialty Platform $ 4.7 $ 12.8 $ 45.7 $ 87.4 $ 194.6 Performance Products and Solutions 75.7 64.2 31.3 54.0 56.0 Distribution 19.5 19.2 28.1 42.0 63.3 SunBelt Joint venture 91.9 102.9 28.6 18.9 - Corporate (51.5) 34.5 (425.1) (27.7) (82.4) Operating income (loss) GAAP $ 140.3 $ 233.6 $ (291.4) $ 174.6 $ 231.5 Less: Corporate operating expense 51.5 (34.5) 425.1 27.7 82.4 Operating income excluding Corporate $ 191.8 $ 199.1 $ 133.7 $ 202.3 $ 313.9 Specialty platform operating mix percentage 2% 6% 34% 43% 62% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment. Reconciliation to Condensed Consolidated Balance Sheets 2013 Short-term debt and current portion of long-term debt $ 12.7 Long-term debt 976.2 Less cash and cash equivalents (365.2) Net debt $ 623.7 Adjusted EBITDA 2013 Income before income taxes $ 151.0 Interest expense, net 63.5 Depreciation and amortization 108.8 Special items in EBITDA 31.7 Adjusted EBITDA $ 355.0 2 Platform sales and operating income (OI) 2006Y* 2013Y Global Specialty Engineered Materials sales $ 345.3 $ 615.5 Global Color, Additives and Inks sales 531.8 852.3 Designed Structures and Solutions sales - 597.4 Specialty Platform sales 877.1 2,065.2 Performance Products and Solutions sales 1,166.2 773.2 PolyOne Distribution sales 732.8 1,075.2 Corporate and eliminations (153.7) (142.4) Total sales $ 2,622.4 $ 3,771.2 Global Specialty Engineered Materials OI $ 3.9 $ 57.2 Global Color, Additives and Inks OI 8.9 104.0 Designed Structures & Solutions OI - 33.4 Specialty Platform OI 12.8 194.6 Performance Products and Solutions OI 64.2 56.0 PolyOne Distribution OI 19.2 63.3 Sunbelt Joint Venture OI 102.9 - Corporate and eliminations (4.6) (52.4) Special items in OI 39.1 (30.0) Operating income GAAP 233.6 231.5 Sunbelt equity income (107.0) - Special items in OI (39.1) 30.0 Adjusted operating income $ 87.5 $ 261.5 Global Specialty Engineered Materials - OI % of sales 1.1% 9.3% Global Color, Additives and Inks - OI % of sales 1.7% 12.2% Designed Structures & Solutions - OI % of sales - 5.6% Specialty platform OI - % of sales 1.5% 9.4% PP&S operating OI - % of sales 5.5% 7.2% Distribution OI - % of sales 2.6% 5.9% PolyOne OI adjusted - % of sales 3.3% 6.9% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment. PolyOne Investor Presentation��Gabelli & Company �5th Annual Specialty Chemical Conference�March 20, 2014� Forward – Looking Statements Use of Non-GAAP Measures PolyOne Commodity to Specialty Transformation Strategy and Execution Drive Results PolyOne�At A Glance Mix Shift Highlights Specialty Transformation Proof of Performance & 2015 Goals Bridge To $2.50 Adjusted EPS By 2015 Innovation Drives Earnings Growth Unique and Innovative Solutions that Help Customers Win Debt Maturities & Pension Funding – 12/31/13 Free Cash Flow and Strong Balance Sheet Fund Investment Why Invest In PolyOne?

WHAT WE DO: MATERIAL SCIENCE 4 CUSTOM FORMULATION We sell solutions not commodities. Our exceptional polymer scientists and design engineers are integral to their product development process. 29 We are a specialty formulator that enables many of the world’s products through innovation and custom solutions.

WHAT WE DO: MATERIAL SCIENCE CUSTOM FORMULATION We sell solutions not commodities. Our exceptional polymer scientists and design engineers are integral to their product development process. 34 We are a specialty formulator that enables many of the world’s products through innovation and custom solutions.