Homepage // News Center // Avient Unveils ColorMatrix™ Amosorb™ 4020L: New Shelf Life Extender Oxygen Scavenging Additive for PET Packaging Avient Unveils ColorMatrix™ Amosorb™ 4020L: New Shelf Life Extender Oxygen Scavenging Additive for PET Packaging This new oxygen scavenging additive is created for long-shelf life packaging applications such as condiments, sauces, juices, and beverages, including certain alcoholic drinks.

Homepage // News Center // PolyOne ColorMatrix Technology Enables Energy Savings for China’s PET Packaging Converters SUZHOU, China – ColorMatrix, a subsidiary of PolyOne Corporation and a global leader in liquid color and additives for plastics, today announced that its patented Joule™ RHB liquid infra-red absorption technology is now approved for use in PET beverage packaging in China. Environmental and raw material gains can be achieved throughout the packaging lifecycle, including the recycling stream.

Avient expands its recently launched reSound™ REC TPE AF 7210 grades to Asia, offering a range of PCR-based solutions for overmolding PP in demandin

$86 $123 $0.53 $0.89 Q1 2021 – ORGANIC PERFORMANCE 3 Sales Adjusted Operating Income $991 $1,162 + 17% + 43% + 68% (1) (1) (1) Q1 2021 SEGMENT PERFORMANCE 4 CAI $536 $609 ($ in millions) SEM Distribution $64 $89 +14% +39% $290 $363 $19 $24 +25% +26% $185 $217 $22 $34 +17% +55% SPECIALTY EBITDA MARGIN EXPANSION 5 CAI (1) 2018-2020 financial information is pro forma to include a full year of Clariant Masterbatch business acquisition 15.3% 15.2% 16.2% 19.1% 2018 2019 2020 Q1 2021 14.8% 15.2% 17.6% 19.4% 2018 2019 2020 Q1 2021 SEM • Continued portfolio transformation to high-growth end markets and sustainable solutions • Clariant Masterbatch synergy realization • Investments in composites and outdoor high performance applications drive growth and mix improvements CAI EBITDA MARGIN EXPANSION 6 Legacy CAI 18.9% 18.9% 21.0% 2019 2020 Q1 2021 Legacy 11.9% 13.8% 17.4% 2019 2020 Q1 2021 • Early synergy capture translating to the bottom line • Positive mix with growth in healthcare, consumer and packaging end-markets • World-class vitality index of 36% represents sales from products introduced in the last five years. This innovation drives performance and is reflective of consistent, strategic investments in our portfolio…and people. 2020 Pro forma $991 $86 Sustainable Solutions 15 11% 6 Healthcare 28 22% 6 Composites 6 10% 3 Growth in Emerging Regions 44 30% 10 Other 53 10% 7 Sub-total $1,137 15% $118 FX Impact 25 - 2 Synergies - - 11 Incentives, Travel, Other Employee Costs - - (8) 2021 Actual $1,162 17% $123 Q1 2021 ORGANIC SALES AND OPERATING INCOME 7 (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Sales Growth Rate Operating Income$ millions 8 Wire & Cable Transportation Industrial Healthcare Packaging Consumer Q1 2020PF Q1 2021 (2) Financial information is presented on a constant currency basis (1,2) (42% of total revenue) (58% of total revenue) Q1 END MARKET SALES PERFORMANCE +17% +14% +8% +10% +8% +22% +5% +24% Q 2 AN D FU LL Y EA R 2021 O U TLO O K $69 $112 $0.42 $0.80 ORGANIC GROWTH PROJECTIONS – Q2 10 Sales Adjusted Operating Income $870 $1,100 + 26% + 62% + 90% (1) (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition FULL YEAR GUIDANCE INCREASED 11 Sales Adj. Clariant Masterbatch performance will be included in this year’s report. 2021 Sustainalytics ESG Risk Ranking Newsweek Most Responsible Companies 2016 2017 2018 2019 2020PF VOC Reduction Reduced Energy Use Bio-derived Content Eco-conscious Renewable Energy Applications Recyclability Reduced Material Requirements Lightweighting $275M $325M $355M $410M $560M 13 (1) Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”) (2) 2020 is Pro forma to include full year of the Clariant Masterbatch business (2) Revenue from Sustainable Solutions 2016 – 2020 SUSTAINABILITY FOR A BETTER TOMORROW 14 • Revenue from sustainable solutions expected to grow 11% in 2021 as our innovation efforts and collaboration with customers continues to accelerate • Relentless focus on delivering our 2030 sustainability targets to benefit the planet and people of the world while adding value to our customers, communities, associates and shareholders • Investments centered around innovation and global sustainability megatrends o Improving Recyclability – Technologies that allow for increased use of post-consumer recycled (PCR) material o Light-weighting – Composites and CAI applications to reduce weight and material requirements, which minimize energy and carbon emissions o Eco-Conscious – Health and human safety applications as well as Avient’s alternative materials to replace lead, PVC, halogens, BPA and other less eco-friendly options o Avient CycleWorks – New innovation center dedicated to advancing recycling and the circular economy through collaboration with customers and brand owners Enable 100% of products manufactured for packaging applications to be recyclable or reusable.

Pharma Packaging Technology Pharmaceutical packaging PCR Well Plates

Medical Packaging Packaging Food Packaging

New Rejoin™ PCR Masterbatch Makes 100 Percent PCR a Reality for Polyolefin Packaging Avient Highlights Sustainable Solutions to Enable Post Consumer Recycled (PCR) Content in Packaging Avient Technology Helps to Achieve Color Consistency in L’Oréal PCR Packaging Worldwide

CosPaTox seeks to define toxicological safety guidelines for PCRs used in cosmetics packaging, with a first focus on polyolefins (rPE-HD, rPE-LD and rPP; if time and budget allows also PET). Sustainable Packaging Coalition The mission is to bring sustainable packaging stakeholders together to catalyze actionable improvements to packaging systems and lend an authoritative voice on issues related to packaging sustainability.

We partner with Brand Owners / OEMs, processors and assemblers to enable their goals in applications like packaging, healthcare, consumer goods, transportation, wire & cable, building & construction and textiles. Clariant Masterbatch performance will be included in this year’s report. 2021 Sustainalytics ESG Risk Ranking Newsweek Most Responsible Companies 2016 2017 2018 2019 2020PF VOC Reduction Reduced Energy Use Bio-derived Content Eco-conscious Renewable Energy Applications Recyclability Reduced Material Requirements Lightweighting $275M $325M $355M $410M $560M 9 (1) Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”) (2) 2020 is Pro forma to include full year of the Clariant Masterbatch business (2) Revenue from Sustainable Solutions 2016 – 2020 SUSTAINABILITY FOR A BETTER TOMORROW 10 • Revenue from sustainable solutions expected to grow 11% in 2021 as our innovation efforts and collaboration with customers continues to accelerate • Relentless focus on delivering our 2030 sustainability targets to benefit the planet and people of the world while adding value to our customers, communities, associates and shareholders • Investments centered around innovation and global sustainability megatrends o Improving Recyclability – Technologies that allow for increased use of post-consumer recycled (PCR) material o Light-weighting – Composites and CAI applications to reduce weight and material requirements, which minimize energy and carbon emissions o Eco-Conscious – Health and human safety applications as well as Avient’s alternative materials to replace lead, PVC, halogens, BPA and other less eco-friendly options o Avient CycleWorks – New innovation center dedicated to advancing recycling and the circular economy through collaboration with customers and brand owners Enable 100% of products manufactured for packaging applications to be recyclable or reusable. We will do so though our investments and focus on sustainable solutions for high-growth markets, including healthcare, consumer, packaging and composites/5G.

APPLICATION BULLETIN DIMENSIONAL STABILITY Tight tolerances, minimal warp SOLUTION: Long fiber reinforced composites with polyketone (PK) POSSIBILITIES: Roof rack structures, running boards, brackets, component housings STRENGTH High strength- to-weight ratio, comparable to metal SOLUTION: Long fiber POSSIBILITIES: Tubular door frames, accessory motor mounts, tailgate locking systems MANUFACTURING EASE Injection moldable, design freedom, insert molding, part consolidation SOLUTION: Long fiber reinforced composites POSSIBILITIES: Seating shells, seat base components, tubular door frames, accessory linkages IMPACT RESISTANCE Durable in rugged environments and uses SOLUTION: Maximum toughness long fiber POSSIBILITIES: Side steps, bed steps, roof racks, brackets, bed extenders, tie downs CORROSION RESISTANCE Metal replacement, eliminate secondary coatings SOLUTION: Long fiber POSSIBILITIES: Underbody skid plate components, fuel doors, fasteners SUSTAINABILITY PIR/PCR content incorporation with high strength, lightweighting for fuel economy SOLUTION: Recycled content long fiber reinforced composites POSSIBILITIES: Roof rack structures, fender flares, rail covers, tail light protectors LIGHTWEIGHTING 30–40% weight reduction when switching from metal SOLUTION: Long carbon fiber reinforced composites POSSIBILITIES: Motor mounts, seating components, accessory mounts EXTREME PERFORMANCE High and low temperature performance, maintained properties with UV exposure, moisture performance SOLUTION: Long fiber POSSIBILITIES: Tail light protectors, fender flairs, guards, underbody components SURFACE AESTHETICS Color matches, fiber-rich or glossy surfaces, carbon fiber appearance SOLUTION: Moisture-resistant long fiber reinforced composites POSSIBILITIES: Lighting bars, side steps, bed steps, bike mounting brackets, cargo carriers NEXT-GEN UPGRADES Transform your aftermarket parts with efficient, lightweight long fiber thermoplastic solutions that redefine performance with strength, toughness, and design freedom.