Due to the shear sensitivity of TPEs, 1,00010 100 10,000 100,000 their injection molding process is slightly *Measured at 390˚F (200˚C) Figure 15. TPE Injection Molding Injection Compression Extrusion Range V is co si ty , P a. s Shear Rate, 1/s 10,000 1,000 100 Due to the shear sensitivity of TPEs, 1,00010 100 10,000 100,000 their injection molding process is slightly *Measured at 390˚F (200˚C) Figure 15.

HAMMERHEAD™ MARINE COMPOSITE PANELS APPLICATION & INSTALLATION GUIDE PRODUCT DESCRIPTION FEATURE BENEFIT Exceptional strength-to-weight ratio Lightweight yet strong structural performance and increased payloads Resistance to UV light, chemicals, moisture degradation and rot Resistance to harsh marine conditions Tough and impact resistant Durability and long product life Dimensionally stable Consistent performance in extreme temperature and humidity fluctuations Strong adhesive properties Easy bonding to various materials FEATURE BENEFIT Ready-to-install Fewer parts & reduced scrap Large format Improved aesthetics with seamless designs Made via continuous-fiber manufacturing process Consistent quality in every panel PERFORMANCE ADVANTAGES MANUFACTURING ADVANTAGES Hammerhead™ Marine Composite Panels are made from continuous glass-fiber reinforced thermoplastic face sheets and polyester foam cores.

Product range • Flame retardants to reduce flammability of fibers and fabrics especially in building and construction applications • Light stabilizers to protect fibers used outdoors or exposed to sunlight against UV light • Antimicrobials to protect hygienic fiber products from bacteria proliferation • Antistatics to reduce electrostatic charges • Antioxidants to reduce polymer oxidation during spinning and protect fabrics during service life • Optical brighteners to provide a brilliant white effect and blueish hue • Electrets to retain electrostatic charge on the polymer surface for a longer period of time in filtration applications • Hydrophobics to impart durable water repellency • Chain extenders for recycled polyester fibers • Others on request Product characteristics • Good spinnability • Fiber-specific QC and protocols • Lot-to-lot consistency • Carriers: PET, PBT, PA 6, PP, and others • Possibility to combine colors and additives into a combination concentrate for convenience • Product guidance from our fiber expert team • Focus on safe and sustainable formulations • Continuous filaments (POY, FDY, HOY, BCF) • Long and short spinning staple fiber • Nonwoven processes (spunbond and meltblown) Cesa™ Fiber Additives MagIQ™ Liquid Fiber Colorants & Additives Multiple color production • Depending on the manufacturing set-up, several injection points can be added to enable multiple color production at the same time on a single extruder Batch size flexibility • Fiber producers can manufacture anything from a few kilograms to hundreds of tons using the same simple process Rapid color changes • No extruder contamination and easy color-on, color-off operation increases color change speed Waste reduction • Rapid color changes, precise metering and the ability to adjust color in-line reduces waste during color changeovers Continuous metering & long spin pack life • High pigment and dye concentrations mean fewer pack changes are required • Where color is running low for larger volume runs, low level metering sensors alert operators and packs can be changed without disrupting production In-line IV adjustment • Specialist additives are available to adjust Intrinsic Viscosity (IV) in-line for rPET applications • These additives are available as single products, or can be combined with color to create a multi- functional formulation Color design service • Avient offers a dedicated color design service to help shorten product development cycles and enhance market agility Liquid color processing • Formulations are stable at temperatures up to 60°C and retain good flow properties at temperatures as low as 10°C • These formulations can help lower yarn friction and abrasion, and there is no fuming or evaporation during production Avient’s liquid fiber colorant technology combines advanced liquid color formulations with state-of-the-art, high-pressure metering equipment to enable late-stage injection of liquid color for spun-dyed polymer melt.

Ultimately, our results fell just short of our goal of annual double-digit EPS expansion. Š The ultimate recovery of certain of our deferred tax assets is dependent on the amount and timing of taxable income that we will ultimately generate in the future and other factors such as the interpretation of tax laws. The value of the portion of the award that is ultimately expected to vest is recognized as expense over the requisite service periods in the accompanying Consolidated Statements of Income.

Ultimately, we aim to create a world-class, sustainable organization. Safety and Health The top priority at Avient is the safety and health of our associates, and our ultimate goal is to operate injury free. For information regarding the ultimate payouts under the 2023 Annual Incentive Program, see the 2023 Summary Compensation Table.

Ultimately, our performance must drive growth as a truly world-class, sustainable organization, achieving the right results, the right way. Under our EH&S MS, Avient has rolled out multifaceted trainings and tools to achieve our ultimate goal of zero recordable injuries in the workplace. The need to continually value different perspectives, ideas and backgrounds is crucial to amplifying innovation—and ultimately success— for Avient.”

Ultimately, our performance must drive growth as a truly world-class, sustainable organization, achieving the right results, the right way. Under our EH&S MS, Avient has rolled out multifaceted trainings and tools to achieve our ultimate goal of zero recordable injuries in the workplace. The need to continually value different perspectives, ideas and backgrounds is crucial to amplifying innovation—and ultimately success— for Avient.”

Altice, the target 2017 Annual Incentive Program payout opportunity, the percentage of such payout opportunity earned based on 2017 performance, and the dollar value of the ultimate payout. These investments ultimately paid off, as 1-year TSR performance for 2017 exceeded that of the S&P indices and our peers. For information regarding the ultimate payouts under the 2017 Annual Incentive Program, see the 2017 Summary Compensation Table.

Leverage PolyOne’s global reach Phase 1 Phase 2 Phase 3 18-20% operating margins Invest in commercial resources I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 24 Commercial Resources Operating Income ($ in millions) Operating Margins 256 309 $36 $100 Established Acquisitions (> 7 years) + 20% + 165% + 1000 bps CLARIANT MASTERBATCH ACQUISITION DRIVES NEXT LEVEL SPECIALTY TRANSFORMATION ACCELER ATING GR OWTH WITH SUSTAINABLE SOLUTIONS T R A N S F O R M A T I O N H E A D L I N E S PolyOne Corporation 26 F I T W I T H F O U R P I L L A R S T R A T E G Y PolyOne Corporation 27 Specialization • Innovation-led organization with heavy emphasis on R&D • World-class expertise in color formulation • Strong presence in specialty end markets including Consumer, Packaging and Healthcare Globalization • Diverse geographic portfolio with an established presence in every major region • Expands PolyOne’s ability to serve customers in key growth areas including India, China and Southeast Asia Operational • Extensive manufacturing footprint with 46 facilities • Organizational focus on optimizing supply chain to better serve • Color design expertise Commercial • Value-focused salesforce with vast experience marketing and commercializing specialty technologies • Diverse customer portfolio with established OEM’s People Experienced and talented associates with a winning mentality E N D M A R K E T T R A N S F O R M A T I O N PolyOne Corporation 28 18% 50% 22% High Growth End Markets Percentage of Total Revenue 38% E N D M A R K E T T R A N S F O R M A T I O N PolyOne Corporation 29 38% Wire & Electrical & Electronic 18% Building & Wire & Electrical & Electronic C O M P L E M E N T A R Y G E O G R A P H I C P R E S E N C E PolyOne Corporation 30 38% Europe 33% 22% Europe & Middle East 48% 23% Color & Engineered Clariant Masterbatch Net Sales by Geographic Region Europe & Middle East 39% 21% Pro Forma Color & Engineered Materials U N I F I E D F O C U S O N S U S T A I N A B I L I T Y PolyOne Corporation 31 2006 - 2013 2013 – 2019 PEO PLE PRO D U C TS PLA N ET PER FO R M A N C E Clariant Masterbatch • Building mini-recycling plants to facilitate customer projects on design for recycling - CycleWorks • Uses packaging additives & colorants to improve recyclability and enhance automated sorting • Manufactures oxygen scavengers to extend shelf-life of perishable items and reduce material requirements • Combines UV-blocking additive colorants & other barriers to prevent spoilage and waste • Offers spin-dyeing solutions that use significantly less water than traditional methods, allowing for sustainable coloration of textiles • Produces infrared absorbing additives that reduce energy requirements for bottle manufacturing ($ in millions) (Continuing Operations) Clariant Color & Additive Masterbatch Synergies New 2019 Total Sales $2,863 $1,150 $4,013 2019 Adjusted EBITDA $309 $130 $60 $499 % Margin 10.8% 11.3% 12.4% 2019 CapEx $68 $85 % Sales 2.4% 2.1% 2019 Free Cash Flow $161 $250 2019 Adjusted EPS $1.69 $2.22 2019 PF Adjusted EPS $1.69 $2.54 P O L Y O N E + C L A R I A N T M A S T E R B A T C H B U S I N E S S PolyOne Corporation 32 (1) Excludes step-up of depreciation & amortization related to purchase accounting of transaction (1) $0.85/share O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y PolyOne Corporation 33 46% 66% 0% 40% 60% 80% 100% 2005 2010 2015 2019E PF % o f A d ju st e d E B IT D A * JV's Performance Products & Solutions Distribution Specialty 87% * Adjusted EBITDA is EBITDA excluding corporate costs and special items ** 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business acquisition with synergies Specialty EBITDA $14M $117M $273M $500M ** T R A N S A C T I O N O V E R V I E W • Expected mid-2020, subject to regulatory approvals and customary closing conditions Closing Conditions / Timing • Committed financing in place • Permanent financing to be combination of available cash on-hand, new debt and equity component to limit leverage • Equity issuance of $500MM • Target net leverage below 3.5x, 3.1x synergized PolyOne Corporation 36 • $1.45 B net purchase price • Represents 11.1x adjusted EBITDA (excluding synergies), 7.6x adjusted EBITDA (including synergies) • Pre-tax synergies of $60MM expected to be fully realized by the end of 2023 • Synergies realized from sourcing, operational, technology / commercial, and general administrative Transaction Value Synergies Estimated Synergy Breakdown $60MM • Expect EBITDA synergies of $60MM – Proven integration expertise with a decade of acquisition experience – Administrative synergies reflect reduction of duplicative internal and third-party costs • Run rate synergies of $20MM by the end of Year 1 with $60MM achieved by the end of Year 3 • Significant additional opportunity for geographical expansion – Clariant Masterbatch business has complementary regional presence in key growth areas including India & Southeast Asia • Opportunity to accelerate growth with a combined portfolio of innovative solutions aligned with sustainability megatrends Sourcing 40% Operational Administrative PolyOne Corporation 37 S I G N I F I C A N T S Y N E R G Y O P P O R T U N I T I E S $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 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 38 PolyOne Corporation 37 $0.16 $0.20 $0.24 $0.32 $0.40 $0.48 $0.54 $0.70 $0.78 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Cumulative Share Repurchases (In millions) $0 $150 $300 $450 $600 $750 $900 2011 2012 2013 2014 2015 2016 2017 2018 2019 $917M R E T U R N I N G C A S H T O S H A R E H O L D E R S O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1 PolyOne Corporation Increasing Annual Dividend 38 $0.81 PolyOne Corporation 39 W H Y I N V E S T I N P O L Y O N E ? 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  Transformational M&A with PP&S divestment and pending acquisition of Clariant Masterbatch business  Growing leadership position in attractive markets  Innovation, technology and service are differentiators  Capital management is a strength: Record-setting cash generation to continue for years  Proven acquisition strategy with robust pipeline  Commercial investments are fueling momentum and generating organic growth SERVICE: T H E T I M E L E S S D I F F E R E N T I A T O R PolyOne Corporation 40 T A L E N T D E V E L O P M E N T PolyOne Corporation 41 Leadership Program Participants 2012 2013 2015 47 86 2016 2019 125 169 412 Campus Hires 2008 2011 2017 25 90 47 PolyOne LSS Blackbelts 2008 2011 2019 67 247 147 2019 134 A U N I Q U E C U S T O M E R E X P E R I E N C E Industrial Design IQ DESIGN PolyOne Corporation 42 Computer Aided Engineering Design Strategy 3 15 Designers & Engineers $0 $15M $4M $87M Opportunity funnel Total Revenue LSS CUSTOMER FIRST PolyOne Corporation 43 Customer Engagements Enables sales growth by building more intimate customer relationships, giving us insight to customers’ needs, with a service that is not easily replicated 2 210 I N N O V A T I N G W I T H P O L Y O N E PolyOne Corporation 44 SEGMENT HIGHLIGHTS C O L O R , A D D I T I V E S & I N K S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 45 Solid Colorants Performance Screen Printing Inks Liquid Colorants Wire & Appliances Electrical & Electronics Operating Income & MarginRevenue by Region C O L O R , A D D I T I V E S & I N K S 2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N PolyOne Corporation 46 34% United States 44% Mexico South America $4 $25 $104 $147 0.9% 5.5% 12.2% 14.7% S P E C I A L T Y E N G I N E E R E D M A T E R I A L S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 47 Engineered Formulations Advanced Composites Thermoplastic Elastomers Telecommunications (FOC) Electrical & Electronics Building & Construction Note: (FOC) refers to Fiber Optic Cabling S P E C I A L T Y E N G I N E E R E D M A T E R I A L S Revenue by Region Operating Income & Margin 2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N PolyOne Corporation 48 27% United States 54% 17% $21 $57 $87 0.1% 5.1% 9.3% 11.6% D I S T R I B U T I O N E N D M A R K E T S & S U P P L I E R S PolyOne Corporation 49 28% 23% Electrical & Electronics Building & Operating Income & Margin2019 Revenue | $1.2 Billion $25 $63 $75 $20 2.9% 4.0% 5.9% 6.3% http://www.avient.com/Pages/VariationRoot.aspx O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S PolyOne Corporation 50 Performance Polyethylene Pigments Styrenic Block Copolymer 7% Nylon TiO2 Polypropylene Dyestuffs Plasticizers Other Raw $900 million of raw material purchases in 2019 excluding Distribution business Note: All figures exclude divested PP&S business T A R G E T E N D M A R K E T S & A P P L I C A T I O N E X A M P L E S PolyOne Corporation 51 Thermally Conductive Chemical Resistant Polymer Colorants Elastomeric Grips and Handles Structural Composites Antimicrobial Technologies Anti-Counterfeiting Target End Markets… Healthcare Catheter Technologies Under-hood Components Target End Markets… Automotive Interior Structural Sound & Vibration Management Roof Systems Air Management Electronics and Cameras Lighting Exterior / Interior Trim Braces & Brackets Fasteners Seals & Flaps Target End Markets… Consumer Thermally Conductive Polymer Colorants Elastomeric Grips and Handles Structural Composite Oxygen Scavenger Laser Marking Additives Antistatic Technologies UV Light Barrier Technologies Cap & Closure Colorants Process Optimization Antioxidant Technologies Density Modified Target End Markets… Packaging  Impart weight, sound and metallic finish to caps and closures for cosmetics and spirits applications  Elevate quality and prestige perceptions among high-end consumers  Eliminate time and cost associated with secondary operations and assembly Luxury Packaging GravitechTM Density Modified Polymers  Eliminate costs by increasing pigment density  Enhance color performance without altering form and formulation  Increase design capabilities by reducing weight and layer thickness Optimize Color Usage OnColorTM Super Concentrates  Inhibit microbial growth on polymer surfaces  Enhance value or products and devices  Highly versatile concentrate with the ability to be incorporated into a wide variety of products Combat Bacteria Formation WithStandTM Antimicrobial Technology  Durable, long-lasting products stand up to the most aggressive disinfectants  Minimize environmental stress cracking and discoloration  One of the broadest medically approved polymer and colorant portfolios Medical Device Housings Chemically Resistant Engineered Polymers Color & Design Services  Greater control of color development and supply chain  Work across entire design process from concept to commercialization  Inspire creativity in the use of polymer materials, colors, and effects  Innovative brand differentiation  Faster development timelines Outdoor Applications  Leading provider of high performance specialty materials for the recreational and sports & leisure industry  Well positioned across all segments to address market needs  Metal to Polymer Conversion  Lightweighting  Thermal Management  Impact Performance  ColorMatrix Fiber Colorant Solutions  Proprietary advanced liquid color formulations and equipment enable greater efficiency and productivity  Eliminates aqueous dyeing and its associated wastewater treatment  Solid Color Concentrates  Extrusion-spun fibers colored via solid masterbatch Fiber Colorants PolyOne Corporation 63 Global high yield & leveraged finance Conference Forward Looking Statements USE OF �NON-GAAP�MEASURES Vision Safety First Commodity to Specialty Transformation PolyOne�2019 Revenue | $2.9 billion Slide Number 8 Sustainable Path to Double-Digit EPS Growth Expansion of Commercial Resources driving growth The Evolving Customer Relationship Slide Number 12 Aligning with trends for Growth Revenue from Sustainable Solutions Innovation 3 Horizons of Development Innovation Spotlight: Composites COMPOSITE MATERIALS COMPOSITEs Portfolio�Diverse Capabilities and Solutions Serving Manufacturers and OEMS PolyOne applications in Fiber optic cables Fiber optical growth drivers Invest-to-Grow M&A Strategy Invest-to-Grow M&A Playbook Invest-to-Grow Proof of performance Clariant Masterbatch Acquisition Drives�Next Level Specialty Transformation Transformation Headlines Fit with Four Pillar Strategy End Market Transformation End Market Transformation Complementary Geographic Presence Slide Number 31 PolyOne + Clariant Masterbatch Business Over 85% of Adjusted EBITDA from Specialty Transaction overview Significant Synergy Opportunities Attractive Financing Structure Slide Number 37 Returning cash to shareholders�Over $1.2 Billion since 2011 Why Invest In PolyOne?

V I S I O N PolyOne Corporation 4 To be the world’s premier provider of specialized polymer materials, services and solutions C O R E V A L U E S P E R S O N A L V A L U E S Honesty IntegrityRespect Operational Excellence Commercial Excellence Specialization Globalization Collaboration ExcellenceInnovation To be the world’s premier provider of specialized polymer materials, services and solutions S A F E T Y F I R S T PolyOne Corporation 5 Injuries per 100 Workers Spartech Acquisition 1.3 1.1 1.1 0.85 0.65 0.57 0.54 0.97 0.84 0.74 0.74 0.69 0.51 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 PolyOne Corporation 6 P O L Y O N E P O S T P P & S D I V E S T M E N T 2 0 1 8 R E V E N U E | $ 2 . 9 B I L L I O N Segment End Market Geography 17% Wire & Cable Building & Electrical & Color Additives & Inks 35% Distribution 43% Specialty Engineered 22% United States 53% Europe 19% Latin America 2009 2010 2011 2012 2013 2014 2015 2016* 2017* 2018 $2.43 P R O O F O F P E R F O R M A N C E C O N S E C U T I V E Y E A R S PolyOne Corporation 7 9 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 $2.06 $2.21 *Pro Forma for sale of DSS ROIC** 5.0% 14.1% Operating Income % of Sales Color, Additives & Inks 1.7% 15.1% Specialty Engineered Materials 1.1% 11.2% Performance Products & Solutions 4.3% 10.0% Distribution 2.6% 5.6% **ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period A D J U S T E D E P S E X P A N S I O N S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H PolyOne Corporation 8 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E Double digit annual EPS growth Expand specialty portfolio with strategic acquisitions Innovate and develop new technologies and services Repurchase 600K-1M shares annually Increase commercial resources 5-7% annually Double acquired company margins Enhance efficiencies through Lean Six Sigma and commercial excellence 531 710130 164 504 663 R&D / Technical Marketing Sales PolyOne Corporation 9 Increased commercial headcount + 34% + 26% + 32% I N V E S T M E N T I N COMMERCIAL RESOURCES D R I V I N G G R O W T H Sustained revenue increases led by organic business $2.9 $2.9 $3.2 $3.5 2015 2016 2017 2018 Total + 9% Organic + 5% Revenue in billions of $ Total + 10% Organic + 7% Lead Specialists T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P PolyOne Corporation 10 Expanded Path Traditional Path Strategic Accounts/ Field Sales Business Development Customer Service Web and Social Media Inside Sales PolyOne Corporation 11 Investments in digital and dedicated inside sales to improve customer experience 110% increase in leads (from 6,000 to 12,700) driven by website, phone, and online chat EXPANDED PATH A D D I N G C U S T O M E R T O U C H P O I N T S 4 24 Inside sellers $11M $109M Inside sales/digital revenue A L I G N I N G W I T H T R E N D S F O R G R O W T H T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R PolyOne Corporation 12 Facilitate alternative energy solutions Light- weighting Reduce packaging materials Improve recyclability Reduce spread of infection I N N O V A T I O N PolyOne Corporation 13 Customization 55% M&A 30% Innovation Pipeline Innovation comes from Research & Development Spend ($ millions) Vitality Index % of sales from products launched last 5 years 35% $20 $56 Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Customization 3 H O R I Z O N S O F D E V E L O P M E N T PolyOne Corporation 14 Incremental development from existing base of technology New development adjacent to current New technology development outside of and with our current base Service adjacent markets and Create new markets, target new customer needs Service existing markets and Market Technical I N N O V A T I O N Non-Halogen Flame Retardants Barrier Technologies Fiber Colorants Advanced Composites Thermoplastic Elastomers Gordon Composites/ Polystrand – Composites GLS – Thermoplastic Elastomers ColorMatrix – Liquid Color & Additives PlastiComp Fiber-Line I N N O V A T I O N P I P E L I N E PolyOne Corporation 15 PrototypeFrame Opportunity Scale-up & Test Market Build Business Case Commercial Launch (since 2017) Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 8 2 44 0 4 Breakthrough Platform Derivative Number of Projects 10 5 17 5 10 47 Total Addressable Market ($ millions) - - $1,767 $315 $766 $2,848 F L A M E R E T A R D A N T P O L Y M E R S A D V A N C E D C O M P O S I T E S B A R R I E R M A T E R I A L S C O L O R A N T T E C H N O L O G I E S T H E R M O P L A S T I C E L A S T O M E R S I N N O V A T I O N S P O T L I G H T : C O M P O S I T E S PolyOne Corporation 16 C O M P O S I T E S R E F R E S H E R PolyOne Corporation 17 Polymer Composite Strength Design Flexibility Continuous Fiber Thermoset Short Glass Fiber Thermoplastics Continuous Fiber Long Glass Fiber Thermoplastics S T R A T E G I C I N V E S T M E N T H I S T O R Y Acquired Polystrand Installed LFT production Avon Lake Acquired Gordon Thermoplastic Composites Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets Long Fiber Thermoplastic (LFT) Installed LFT production Barbastro, Spain Acquired Glasforms Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets 2012 2015 20162009 2011 Acquired PlastiComp, specialty LFT producer PolyOne Corporation 2019 Acquired Fiber-Line, specialty fiber processor 18 C O M P O S I T E S I N T R A N S P O R T A T I O N PolyOne Corporation 19 W A T E R C R A F TR A I L H E A V Y T R U C K Bulkheads and Transoms Ceilings and Hatches Doors and Cabinetry Flooring Door Panels Side Walls Flooring & Side Panels Aerodynamic Fairings Seat and Bunk Reinforcements F I B E R - L I N E H I G H L I G H T S PolyOne Corporation 20 71% 1% 2018PF Sales by Market Fiber Optics Oil & Gas Estimated 2019 Sales: $100M • Abrasion resistance • Adhesion enhancement • Anti-microbial • Chemical resistance • Color • Conductivity • Fire retardant • Glow-in-the- dark • Process enhancement • UV inhibitor • Water swellable • Water repellency • Entangling • Extrusion • Pultrusion • Twisting • Winding • Braiding • Stranding High Performance Fiber and Polymers Suppliers Customer Value Coating Processing Fiber-Line Bare and Coated Fiber and Composite Rod Customers Fiber Processing Capabilities Polymer Formulation Capabilities P O L Y O N E A P P L I C A T I O N S I N F I B E R O P T I C C A B L E S PolyOne Corporation 21 1. 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  Growing leadership position in attractive markets  Innovation, technology and service are differentiators  Capital management is a strength: Record-setting cash generation to continue for years  Expand ROIC while increasing invested capital  Proven acquisition strategy with robust pipeline  Commercial investments are fueling momentum and generating organic growth SERVICE: T H E T I M E L E S S D I F F E R E N T I A T O R PolyOne Corporation 31 T A L E N T D E V E L O P M E N T PolyOne Corporation 32 Leadership Program Participants 2012 2013 2015 47 86 2016 125 169 315 Campus Hires 2008 2011 2017 25 47 PolyOne LSS Blackbelts 2008 2011 67 220 147 2018 141 A U N I Q U E C U S T O M E R E X P E R I E N C E Industrial Design IQ DESIGN LABS PolyOne Corporation 33 Material & Color Expertise Manufacturing Expertise 14 Industrial designers $0 $10M $4M $80M Opportunity funnel New business revenue LSS CUSTOMER FIRST PolyOne Corporation 34 Customer Projects Enables sales growth by building more intimate customer relationships, giving us insight to customers’ needs, with a service that is not easily replicated 2 104 3 D P R I N T I N G B R I N G I N G N E W I D E A S T O L I F E PolyOne Corporation 35 Enables validation of fit and function Shortens design cycle and time to market Avoids tooling rework Drives innovation Delivers substantial customer value PolyOne Corporation 36 From concept to production 99.9% Reduction in turnaround time Traditional Timeline up to 24 weeks PolyOne ColorMatrix Select™ 6 hours Innovative system for processors and OEMs to develop colors in real time Complete system that provides customers with the freedom to match, prototype and produce color entirely within their own facility C O L O R M A T R I X S E L E C T ™ “Being able to create color and produce parts in 1 day is unheard of in this industry” -CEO, Industry Leader I N N O V A T I N G W I T H P O L Y O N E PolyOne Corporation 37 SEGMENT HIGHLIGHTS C O L O R , A D D I T I V E S & I N K S PolyOne Corporation 38 Solid Colorants Performance Additives Screen Printing Inks Liquid Colorants 28% Industrial 14% Textiles Building & Construction 10% Appliances Electrical & Electronic 1% Operating Income & MarginRevenue by Region C O L O R , A D D I T I V E S & I N K S 2 0 1 8 R E V E N U E | O V E R $ 1 B I L L I O N $4 $25 $104 $159 0.9% 5.5% 12.2% 15.1% 14.0% 16.0% 100 110 120 130 140 150 160 170 PolyOne Corporation 39 Europe 35% 45% 14% 1% Mexico South America S P E C I A L T Y E N G I N E E R E D M A T E R I A L S PolyOne Corporation 40 Engineered Formulations Advanced Thermoplastic Elastomers 21% 13%Healthcare Building & Construction 4% Electrical & Electronics S P E C I A L T Y E N G I N E E R E D M A T E R I A L S Revenue by Region Operating Income & Margin 2 0 1 8 R E V E N U E | $ 6 4 6 M I L L I O N PolyOne Corporation 41 $21 $57 $72 0.1% 5.1% 9.3% 11.2% Europe 28% 46% 24% P E R F O R M A N C E P R O D U C T S & S O L U T I O N S PolyOne Corporation 42 Specialty Vinyl Solutions Healthcare Formulations Smart Device Flame Retardant Polymers Building & 28% 17% 16%Consumer Electrical & Asia 78% Mexico P E R F O R M A N C E P R O D U C T S & S O L U T I O N S Operating Income & MarginRevenue by Region 2 0 1 8 R E V E N U E | $ 7 3 6 M I L L I O N $40 $24 $56 $74 4.6% 3.6% 7.2% 14.0% 16.0% 10 100 PolyOne Corporation 43 D I S T R I B U T I O N E N D M A R K E T S & S U P P L I E R S PolyOne Corporation 44 27% 22% Electrical & Building & $20 $25 $63 $71 2.9% 5.9% 5.6% 1.0% 3.0% 5.0% 7.0% 15 25 35 45 55 65 75 Operating Income & Margin2018 Revenue | $1.3 Billion http://www.avient.com/Pages/VariationRoot.aspx O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S PolyOne Corporation 45 Performance Additives PVC Pigments Polyethylene Plasticizers Polypropylene TiO2 Nylon Styrenic Block Copolymer Other Raw 27% $1.3 billion of raw material purchases in 2018 excluding Distribution business Note: All figures exclude Distribution business T A R G E T E N D M A R K E T S & A P P L I C A T I O N E X A M P L E S PolyOne Corporation 46 Thermally Conductive Chemical Resistant Polymer Colorants Elastomeric Grips and Handles Structural Composites Antimicrobial Technologies Anti-Counterfeiting Target End Markets… Healthcare Catheter Technologies Under-hood Components Target End Markets… Automotive Interior Structural Sound & Vibration Management Roof Systems Air Management Electronics and Cameras Lighting Exterior / Interior Trim Braces & Brackets Fasteners Seals & Flaps Target End Markets… Consumer Thermally Conductive Polymer Colorants Elastomeric Grips and Handles Structural Composite Oxygen Scavenger Laser Marking Additives Antistatic Technologies UV Light Barrier Technologies Cap & Closure Colorants Process Optimization Antioxidant Technologies Density Modified Target End Markets… Packaging  Impart weight, sound and metallic finish to caps and closures for cosmetics and spirits applications  Elevate quality and prestige perceptions among high-end consumers  Eliminate time and cost associated with secondary operations and assembly Luxury Packaging GravitechTM Density Modified Polymers  Eliminate costs by increasing pigment density  Enhance color performance without altering form and formulation  Increase design capabilities by reducing weight and layer thickness Optimize Color Usage OnColorTM Super Concentrates  Inhibit microbial growth on polymer surfaces  Enhance value or products and devices  Highly versatile concentrate with the ability to be incorporated into a wide variety of products Combat Bacteria Formation WithStandTM Antimicrobial Technology  Durable, long-lasting products stand up to the most aggressive disinfectants  Minimize environmental stress cracking and discoloration  One of the broadest medically approved polymer and colorant portfolios Medical Device Housings Chemically Resistant Engineered Polymers Color & Design Services  Greater control of color development and supply chain  Work across entire design process from concept to commercialization  Inspire creativity in the use of polymer materials, colors, and effects  Innovative brand differentiation  Faster development timelines Outdoor Applications  Leading provider of high performance specialty materials for the recreational and sports & leisure industry  Well positioned across all segments to address market needs  Metal to Polymer Conversion  Lightweighting  Thermal Management  Impact Performance  ColorMatrix Fiber Colorant Solutions  Proprietary advanced liquid color formulations and equipment enable greater efficiency and productivity  Eliminates aqueous dyeing and its associated wastewater treatment  Solid Color Concentrates  Extrusion-spun fibers colored via solid masterbatch Fiber Colorants Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.