PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019

PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019

Polyvinyl chloride (PVC) plasticizers, such as dioctyl phthalate (DOP), should not be used as carriers.

url=http://appliancerepair-salt-lake-city.com/sub-zero-appliance-repair-salt-lake-city/subzero-3d-logo/&rct=j&frm=1&q=&esrc=s&sa=U&ei=-vQmVb-MCefIsQTwwYHQAg&ved=0CBYQ9QEwAA&sig2=qX2fTujBfVO6eYzgLN-xVg&usg=AFQjCNHoUQFUZn7iH7fwVxOz9-WdcIpngA PolyOne Corporation Page 53 Geographic Growth Opportunities Mexico represents growth, spurred by: • Robust demand in Automotive • Re-shoring from Asia • PolyOne collaboration China is a $2B PVC market; 2nd largest in the world: • A new tax license enables domestic (vs. export) business • We have expanded capacity • We are investing in capability Performance Products & Solutions PolyOne Corporation Page 54 Addressable Market ($ millions) $300 $150 $200 Innovation Pipeline Potential Performance Products & Solutions Prototype Frame Opportunity Scale-up & Test Market Build Business Case Commercial Launch Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 0 2 0 1 0 3 0 1 1 1 5 3 1 1 1 Breakthrough Platform Derivative PolyOne Corporation Page 55 Megatrends Aligned with Key End Markets Increasing Energy Efficiency Protecting the Environment Improving Health and Wellness Megatrend End Markets Globalizing and Localizing Health & Wellness Transportation Packaging Consumer Performance Products & Solutions PolyOne Corporation Page 56 Healthcare Solutions LED Lighting Key Initiatives Eco-Conscious Solutions $25M Revenue potential $30M Revenue potential $60M Revenue Potential Performance Products & Solutions PolyOne Corporation Page 57 Platinum Vision 4.3% 6.3% 7.2% 7.7% 10-12% 2011 2012 2013 2014 2020 Platinum Vision World Class Operating Margin Accelerating Growth Performance Products & Solutions Market Growth/ Megatrends Innovation Collaboration Geographic Expansion PolyOne Corporation Page 58 Summary • Business evolution from volume to value • Business is at an inflection point • Growth will be driven by:  Economic & Megatrend alignment  Innovation  Collaboration across PolyOne  Geographic sales expansion in China and Mexico Performance Products & Solutions PolyOne Corporation Page 59 PolyOne Distribution Mark Crist President, Distribution PolyOne Corporation Page 60 At a Glance PolyOne Distribution 15% 52% 2006 2014 Key Suppliers 2014 Revenues: $1.1 Billion ROIC Appliances 6% Building & Construction 5% Consumer 13% Electrical & Electronics 6% Healthcare 23% Industrial 15% Packaging 4% Transportation 25% Wire & Cable 3% http://www.avient.com/Pages/VariationRoot.aspx PolyOne Corporation Page 61 What We Do Processing Expertise World-Class Supply Chain Deep Customer Relationships Market Consultation Right the First Time… Every Time PolyOne Corporation Page 62 What We Have Delivered 2.6% 3.5% 4.6% 6.4% 6.1% 2006 2008 2010 2012 2014 Operating Margin $19 $28 $42 $66 $68 2006 2008 2010 2012 2014 Operating Income ($M) • World class supplier line card • Differentiating with service and operational excellence • Key portfolio additions with DuPont, Bayer and Ineos • Value based selling and discipline PolyOne Distribution PolyOne Corporation Page 63 Accelerating Growth PolyOne Distribution Market Growth/ Megatrends Commercial Investment Cross-Selling & Collaboration Growth in Targeted Areas PolyOne Corporation Page 64 Who We Are Growing With PolyOne Distribution http://www.google.com/url?

In 2020, we updated our applications and revenue to better represent how we enable our customers’ sustainability goals, as well reflect the sustainable technologies of recently acquired Clariant Masterbatch business. Avient will use this data to develop new and unique masterbatch formulations with proven science behind how they perform during recycling processes, offering customers a portfolio that’s essentially field-tested for recycling. In 2020, we updated our applications and revenue to better represent how we enable our customers’ sustainability goals, as well reflect the sustainable technologies of recently acquired Clariant Masterbatch business.

We have a long-term supply contract with Oxy Vinyls LP, a former equity investment affiliate, under which the majority of our PVC resin is supplied. We believe this contract assures the availability of adequate amounts of PVC resin. We also believe that the pricing under this contract provides PVC resins to us at a competitive cost.

We have a long-term supply contract with Oxy Vinyls LP, a former equity investment affiliate, under which the majority of our PVC resin is supplied. We believe this contract assures the availability of adequate amounts of PVC resin. We also believe that the pricing under this contract provides PVC resins to us at a competitive cost.

We have a long-term supply contract with Oxy Vinyls LP, a former equity investment affiliate, under which the majority of our PVC resin is supplied. We believe this contract assures the availability of adequate amounts of PVC resin. We also believe that the pricing under this contract provides PVC resins to us at a competitive cost.

Ultimate is recognized by the Association of Plastic Recyclers and the European PET Bottle Platform for having no negative impact on the recycling stream Cesa™ NOX A4R Additive for Enhanced Recycling stabilizes recycled polyolefins during processing, enabling a higher quality level of recyclate and better end-use products Rejoin™ PCR Masterbatch uses PCR as a carrier resin, effectively allowing a bottle or part to be manufactured with 100% PCR PCR Color Prediction Ser vice simplifies and accelerates the selection of preferred colors for PCR content at var ying levels, avoiding time-consuming trial and error Avient Technology Helps to Achieve Color Consistency in L’Oréal PCR Packaging Worldwide The Challenge Simplify the process to develop color in recycled resin for L’Oréal to achieve global color consistency, while working towards their 2030 objective to have 100% of the plastics used in its packaging be made from recycled or bio-based material. Avient offers a full range of material solutions that enable renewable energy infrastructure, from high performance ropes or structural composites for wind energy infrastructure to materials for cable jacketing and insulation in solar installations Highlights in 2022 In 2022, we focused on delivering our portfolio of sustainable solutions to renewable energy applications, including: Dyneema® DM20 high molecular weight polyethylene fibers are utilized in offshore wind turbine projects Glasforms™ Pultrusion Technologies offer exceptional strength-to-weight ratio for continuous fiber reinforced composites for structural wind turbine components Cesa™ Additive Masterbatches are utilized for solar back sheets to enhance the halogen-free mono material structure and protect against voltage breakdowns Syncure™ Crosslinked Polyethylene Formulations, which provide high-performance, UL 4703 and VW 1-compliance and eliminate the need to use two separate insulation and jacketing formulations Smartbatch™ Color And Additive Concentrates offer superior UV weathering protection for solar power installations. SUPPLIERS AVIENT CUSTOMERS Strategy Avient is actively involved in various associations including the ACC, European MasterBatchers and Compounders (EuMBC), European Plastics Converters (EuPC) and Titanium Dioxide Manufacturers Association (TDMA).

Two months later in December, we announced an agreement to purchase Clariant’s Masterbatch Business, a landmark acquisition and a watershed moment for our Company.