Sources Cash from Balance Sheet $465 New Senior Unsecured Notes 650 New Equity 450 Total Sources $1,565 Uses Clariant Masterbatch $1,500 Clariant India Masterbatch 60 Less: Lease Adjustment (113) Net Purchase Price $1,447 Net Cash Acquired 57 Fees, Expenses & OID 61 Total Uses $1,565 ($ Millions) Cash and Cash Equivalents $370 $450M Senior Secured ABL Revolver - Senior Secured Term Loan B due 2026 624 Other Debt 25 Total Senior Secured Debt $649 5.25% Senior Unsecured Notes due 2023 $600 New Senior Unsecured Notes 650 Total Senior Debt $1,899 Net Debt $1,529 New Equity $450 Pro Forma Capitalization (1) PF 12/31/2019 $450 $600 $624 $743 2019 2020 2021 2022 2023 2024 2025 2026 A T T R A C T I V E F I N A N C I N G S T R U C T U R E Attractive Debt Maturity Profile Existing Revolver Existing Senior Notes Existing Term Loan B New Debt Financing Financing Summary Terms on New Debt  $465 million of cash from the balance sheet expected to fund a portion of the purchase price  Bridge financing for remainder fully committed from Citi, Morgan Stanley and Wells Fargo  Permanent financing expected to include a combination of long-term debt and new equity  The timing of the permanent financing is subject to a number of factors, including, but not limited to, market conditions  PolyOne is committed to preserving a strong balance sheet – Target net leverage at close below 3.5x, excluding synergies  Pro forma capital structure positions PolyOne with flexibility to pursue continued growth strategy  New financing expected to have same or better covenant package than existing capital structure  Capital structure would be “covenant lite” Capital Policy  Transaction in line with PolyOne’s disciplined capital allocation policy  Existing PolyOne dividend policy to be maintained  Focus on deleveraging in the near term 2028+ PolyOne Corporation 26 PolyOne Corporation 27 T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y  Landmark portfolio transformation: > 85% of Adjusted EBITDA from specialty solutions  World-class innovation, technology and service are differentiators  Sustainability initiatives and alignment with megatrends drive above market growth in key end markets and applications:  Capital management is a strength - proven track record of expanding ROIC while increasing invested capital Transaction expected to add $0.85 to pro forma adjusted EPS PolyOne Corporation 28 PolyOne Corporation 29

Strong balance sheet and free cash flow, as total cash and liquidity ended the year at $244 million and $574 million, respectively. The second independent source of data that we used to augment the peer proxy analysis was the Consultant’s analysis of competitive market data relating to other applicable general industries. The CEO makes his recommendations in conjunction with the marketplace data.

These methods include: PULTRUSION • Fibers are impregnated with liquid thermoset resins, then pulled through a heated die to cure the resin and form the product • This continuous, automated manufacturing process creates constant cross section profiles of any pre-determined length with consistent, uniform quality and exceptional mechanical performance • Applications include rods and profiles of various lengths and complexities, such as utility poles, insulator core rods and structural beams CONTINUOUS FILAMENT WINDING • Combines the principles of filament winding with pultrusion to create constant or tapered cross- sectional tubing in precision sizes • The unique axial and biaxial fiber orientation provides flexural and tensile strength, as well as crush and burst resistance • Applications include lightweight shelter frames and sporting goods components CONTINUOUS RESIN TRANSFER MOLDING (CRTM™) • Engineered core materials are sandwiched between structural composite laminate face sheets • Continuous composite sandwich panels feature high specific strength and stiffness-to-weight ratio • Applications include ballistic resistant panels, truck floors and rail car doors CONTINUOUS FIBER REINFORCED THERMOPLASTICS • Fully recyclable tape, X-Ply™ (0°/90°), and other multi-ply configurations with widths up to 10' wide • Sandwich panels in unlimited lengths, up to 6" thick and 10' wide • High volume production capacity • Applications include structural and aerodynamic components in transportation, and reinforcement of materials such as wood and metal THERMOSET COMPOSITE LAMINATES & BARSTOCK • Unidirectionally reinforced barstock, laminates and hybrid composites engineered to maximize deflection and fatigue resistance • Customizable shapes and sizes • Applications include archery bow limbs, flat springs, prosthetics, sporting equipment THERMOSET FINISHING OPERATIONS • Customized finishing capabilities for barstock and laminates including machining, water-jet cutting, profiling/shaping, sanding, slitting, laminating, molding and coatings TESTING CAPABILITIES • Mechanical – Flexural, tensile, compression, shear, fatigue, impact resistance • Physical – Specific gravity/density, Barcol hardness, water absorption, void content, resin/fiber content, dye penetrant, viscosity • Thermomechanical – Coefficient of linear thermal expansion, glass transition temperature, deflection temperature, degree of cure, curing properties • Electrical – High-voltage, low current dry arc resistance of solid electrical insulation, dielectric strength, water diffusion ABOUT AVIENT ADVANCED COMPOSITES The Avient advanced composites portfolio consists of Glasforms™, Gordon Composites™ and Polystrand™ branded materials.

IV BUILDERS FOR SHEET EXTRUSION Challenge: Melt viscosity is negatively impacted by multiple heat cycles.

You can be certain that PolyOne meets or exceeds the material safety data reporting requirements of your country or region. Schließen Sie die erforderlichen Compliance- und Ethikschulungen und Zertifizierungen ab. Sustainability metrics represent 2018 data or 12-month approximate values based on available data from reporting facilities and are often made in reliance on third-party supplier information.

Specialized chemistries enable TPEs to adhere to many different plastic substrates, including polypropylene (PP), polycarbonate (PC), acrylonitrile-butadiene-styrene (ABS), PC/ABS, copolyester, polyamide, and polystyrene, for a seamless and permanent bond. For the manufacturer of a garden sprayer, a TPE increased usability of the ABS handle by contributing anti-slip performance even when the part is wet.

It required a high temperature and a strong injection pressure to bond to the acrylonitrile-butadienestyrene (ABS) substrate, which caused the resin to deform. Product developers reported that they needed a better TPE to provide superior bonding performance with ABS without requiring high temperature and pressure during 2K molding. Avient recommended an OnFlex-S multicomponent TPE, which offers excellent adhesion to ABS and can be molded at lower temperatures and injection pressures than competitive products.

PACKING YARN FIBERS PROCESSES PRODUCTS MOVING HIGH PERFORMANCE FIBERS FORWARD This data is provided for informational purposes only, and does not constitute a specification. Uranusweg 3 8938 AJ Leeuwarden The Netherlands +31(0) 58 216 75 99 info@fiber-line.com NOTICE: The information and data contained herein do not constitute sales specifications.

BELT & HOSE REINFORCEMENT FIBERS PROCESSES PRODUCTS MOVING HIGH PERFORMANCE FIBERS FORWARD This data is provided for informational purposes only, and does not constitute a specification. Uranusweg 3 8938 AJ Leeuwarden The Netherlands +31(0) 58 216 75 99 info@fiber-line.com ABOUT FIBER-LINE® NOTICE: The information and data contained herein do not constitute sales specifications.

INDUSTRIAL FABRIC YARN FIBERS PROCESSES PRODUCTS MOVING HIGH PERFORMANCE FIBERS FORWARD This data is provided for informational purposes only, and does not constitute a specification. Uranusweg 3 8938 AJ Leeuwarden The Netherlands +31(0) 58 216 75 99 info@fiber-line.com NOTICE: The information and data contained herein do not constitute sales specifications.