030BK2031 BLACK PA66 G25 H UF natural. PP FR 8-6 LMS-1000

AZUL "H" MB BLACK TINT PP FR 8-6 LMS-1000

AC 1259-H 8900-267300-001 BLACK CO2 LM PP FR 8-6 LMS-1000

WHITE H CAP DR101 BLACK DYNA 2709 PP FR 8-6 LMS-1000

Geon(TM) DB4942 Black Tex 85 PA66 G/MI40 H black VN4255CF LS PP FR 8-6 LMS-1000

H&S PREMIUM COLLETION BLACK 923202 HIPS UV PP FR 8-6 LMS-1000

Whether an additional line at an existing manufacturing plant, or a new facility in a growing region, we ramp-up quickly and cost-efficiently. 26 Capex / Revenue 2021E (%) AV I E N T I S A SS E T L I G H T Avient Specialty Formulators Other Chemical/Specialty Companies 2 3 2 2 2 3 3 4 3 3 4 4 4 5 5 5 5 6 7 8 23 A vi e n t A vi e n t (E xc l. Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Median: 84% Median: 78% H I G H F R E E C A S H F L OW C O N V E R S I O N Avient reflects 2021 estimated EBITDA of $560M and excludes one-time synergy capture CAPEX ($20M) Source: Peer data per Bloomberg market data as of June 4, 2021 87 89 87 86 83 81 76 88 85 83 82 81 80 78 78 78 76 72 71 69 50 18 A vi e n t K W R P P G R P M A V Y F U L G C P F M C H X L U N V R IF F E C L A S H F O E C E E M N B N R H U N G R A K R A S C L A L B Source: Peer data per Bloomberg market data as of June 4, 2021 Total Enterprise Value / 2021E EBITDA Our current valuation with updated guidance implies an EBITDA multiple that is below specialty formulator peers and the majority of our chemical peers. With the Clariant Masterbatch acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 28 Avient reflects 2021 estimated EBITDA of $560M O U R VA LUATI O N V E R S U S P E E R S Avient Specialty Formulators Other Chemical/Specialty Companies 10.4 18.2 16.0 15.5 15.3 11.3 11.0 29.7 26.5 23.5 18.2 13.4 11.9 11.9 11.7 10.5 10.4 10.3 10.1 9.7 7.7 6.5 A vi e n t K W R A V Y P P G R P M F U L G C P H X L A L B E C L IF F F M C B N R A S H G R A E M N F O E S C L U N V R C E K R A H U N Median: 11.7xMedian: 15.4x S U M M A RY: W H Y I N V E S T I N AV I E N T ?

XPPC HI H UV WHITE KI BLACK PP FR 8-6 LMS-1000

GEON B7500 BLACK V1466-70 WHITE PP FR 8-6 LMS-1000

70-BK-121 BLACK RC BLACK AO PP FR 8-6 LMS-1000