Microsoft PowerPoint - AVNT Q3 2022 Earnings Presentation AVIENT CORPORATION T H I R D Q U A R T E R 2 0 2 2 R E S U L T S (NYSE: AVNT) N O V E M B E R 2 , 2 0 2 2 D I S C L A I M E R Forward-Looking Statements Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. EBITDA Margins (1) • Focus on organic growth combined with transformative and bolt-on acquisitions • Divested commodity businesses tied to more cyclical end markets • Expanded presence in high growth areas of sustainable solutions, specialty healthcare applications, composites and more resilient end markets 5.4% 11.5% 16.1% 2006 2018 2022PF $142 $408 $585 2006 2018 2022PF 2006 figures exclude joint venture results 14 RETURNING CASH TO SHAREHOLDERS Growing Dividend 0.1 0.1 0.2 0.5 0.6 0.7 0.8 0.9 0.9 1.0 1.0 1.0 11 12 13 14 15 16 17 18 19 20 21 22 0.16 0.20 0.26 0.34 0.42 0.50 0.58 0.72 0.79 0.81 0.85 0.95 0.99 11 12 13 14 15 16 17 18 19 20 21 22 23 ~$1Bn REPURCHASED OVER LAST 11 YEARS ~$550MM PAID OVER LAST 11 YEARS Dividends Share Repurchases Cumulative Buybacks $ B n $ p e r sh a re $2.95 2022 PRO FORMA ADJUSTED EPS Earnings Growth Expanding Profitability $0.15 $1.09 $2.08 $2.67 $2.95 2009 2012 2015 2018 2022PF T H I R D Q U A R T E R 2 0 2 2 R E S U L T S $110 $119 2021 2022 $0.61 $0.59 2021 2022 Q3 2022 PERFORMANCE ( T O TA L C O M PA N Y C O N T. Sales EBITDA Specialty Engineered Materials Color Additives and Inks $585M$3,635M (1) Transportation 9% Healthcare 8% 23 C O L O R , A D D I T I V E S & I N K S 2 0 2 2 R E V E N U E | $ 2 . 3 B I L L I O N US & Canada 35% EMEA 40% Asia 20% Latin America 5% END MARKET REGION 24 Packaging 33% Consumer 22% Healthcare 9% Industrial 15% Transportation 8% Building & Construction 11% Telecommunications 1% Energy 1% Figures represent 2022 full year estimates 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 2 0 2 2 P R O F O R M A R E V E N U E | $ 1 . 3 B I L L I O N END MARKET US & Canada 50% EMEA 35% Asia 15% REGION 25 Figures represent 2022 full year estimates Packaging 5% Consumer 19% Healthcare 8%Industrial 16% Transportation 10% Telecommunications 10% Energy 9% Defense 15% Building & Construction 8% Packaging 31% Consumer 28% Healthcare 8% Industrial 13% Building & Construction 5% Telecommunications 3% Energy 2% Defense 1% Asia (20% of sales) Transportation 9% 2 0 2 2 P R O F O R M A AV I E N T R E G I O N A L S A L E S B Y E N D M A R K E T Packaging 29% Consumer 13% Healthcare 5% Industrial 17% Building & Construction 11% Energy 5% Defense 7% EMEA (35% of sales) Transportation 10% Packaging 14% Consumer 23% Healthcare 11% Industrial 15% Building & Construction 12% Energy 5% Defense 7% US & Canada (40% of sales) Transportation 7% Packaging 49% Consumer 22% Healthcare 8% Industrial 9% Building & Construction 6% Telecommunications 1% LATAM (5% of sales) Transportation 5% Telecommunications 3% Telecommunications 6% Figures represent 2022 full year estimates Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability of results.

P R O F I L E / S H E E T E X T R U D E R R A I L S A N D K I C K P L A T E S • Convert existing PVC profile and sheet rails and kick plates to polyolefin resin to meet Class A fire safety (ASTM E84) • Provide a system that meets healthy building certifications and approvals • Utilize a more sustainable flame retardant technology, removing brominated or halogenated flame retardants from the environment • Achieve non-compromising performance in aesthetics, impact, dimensional stability, CLTE, and E84 testing • Provided broad flame retardant platform, backed by extensive application and industry expertise, to meet global flammability standards • Has largest UL94 recognized Prospector membership with HB, V-0, V-1, V-2 and 5VA/5VB ratings, and broad glow wire performance products • Included in-house UL certified labs and manufacturing locations to perform UL94 material sampling and testing • Supported application development to meet fire safety standards, address current or emerging healthy building codes, smart home requirements, and LEED credits • Offered custom formulations in small lot quantities Cesa™ Flam Non-Halogen Flame Retardants KEY REQUIREMENTS WHY AVIENT?

E A R D E F E N D E R B R A C K E T • Minimize shrinkage • Good mechanical resistance • Good wear resistance • Collaborated with Avient Design to provide detailed material analysis and recommendations within one month of initial customer enquiry • Demonstrated material performance and compatibility with customer’s existing manufacturing process using mold flow analysis • Provided an internally lubricated material allowing customer to streamline manufacturing process LubriOne™ Internally Lubricated Formulation KEY REQUIREMENTS WHY AVIENT?

Catering oem C AT E R I N G O E M F O O D B L E N D E R P I T C H E R • FDA compliance with no Bisphenol A (BPA) • High heat resistance • Transparent aesthetics • Good processing performance • Developed a solution that seamlessly complements pure PES materials • Minimized color deviation • Enabled the possibility of weight reduction • Made target color available • Provided commercial, technical, and operational excellence support Colorant Chromatics PES Color Concentrate KEY REQUIREMENTS WHY AVIENT?

A DV E N T U R E C A M P E R M A N U FAC T U R E R W A L L & F L O O R P A N E L S • Ability to customize the face sheet structure, core material, and thickness to meet performance requirements • Lightweight, high strength-to-weight ratio compared to wood and aluminum • UV, chemical, and moisture resistant • Custom formulated the panel construction to meet lightweight, durability, and insulation requirements • Avient engineering team provided on-going material sampling and technical support throughout the development cycle • Ensured the face sheet structure provided a smooth surface finish and good adherence to paint or aluminum fixtures Polystrand™ Thermoplastic Composite Sandwich Panels KEY REQUIREMENTS WHY AVIENT?

L E A D I N G A N T E N N A M A N U FA C T U R E R A N T E N N A C O M P O N E N T S • Extremely tight performance tolerance • Dielectric performance of 3 – 7Dk • Ability to utilize existing injection molding machinery • High mold flow index (MFI) • On demand material delivery • Provided technical support throughout the development of multiple, highly technical materials • Formulated high quality materials that aligned with stringent specification, at a cost effective price • Provided order flexibility, allowing customer to order on demand • Collaborated across the supply chain, enabling customer to take a premium solution to market that can reduce maintenance and construction costs for end users Custom PREPERM™ Low Loss Dielectric Formulations KEY REQUIREMENTS WHY AVIENT?

E L E C T R I C H A I R C L I P P E R S H A I R S T Y L I N G A P P L I A N C E M A N U FAC T U R E R • Regulatory – UL rated flame retardancy • High stiffness and impact resistance • Excellent surface appearance • Colorability/color matching – specific black color • Provided color matching expertise to match glass fiber reinforced formulation to specific customer requirement • Enabled customer to diversify into a new market with a new design of hair clipper for consumers • Developed material quickly - three months from brief to production Bergamid™ A700 glass reinforced flame retardant formulation KEY REQUIREMENTS WHY AVIENT?

A F T E R M A R K E T PA RT S M A N U FAC T U R E R S I D E S T E P • High strength • Low moisture absorbance, reduced warpage • Pleasing cosmetic finish • Strong flexural modulus • Offered long fiber thermoplastic (LFT) with 3x the strength of the incumbent short fiber material without a need for retooling • Resolved major disadvantage of moisture uptake with a moisture-resistant PA66 LFT formulation • Facilitated part consolidation and design freedom • Modeled performance of long glass fiber design with advanced testing capabilities (FEA, moldflow, burnoff) Complēt™ Long Fiber Reinforced Structural Thermoplastics KEY REQUIREMENTS WHY AVIENT AVIENT SOLUTION STRENGTH + PART CONSOLIDATION LEARN MORE Copyright © 2023, Avient Corporation.

A F T E R M A R K E T PA RT S M A N U FAC T U R E R S I D E S T E P • High strength • Low moisture absorbance, reduced warpage • Pleasing cosmetic finish • Strong flexural modulus • Offered long fiber thermoplastic (LFT) with 3x the strength of the incumbent short fiber material without a need for retooling • Resolved major disadvantage of moisture uptake with a moisture-resistant PA66 LFT formulation • Facilitated part consolidation and design freedom • Modeled performance of long glass fiber design with advanced testing capabilities (FEA, moldflow, burnoff) Complēt™ Long Fiber Reinforced Structural Thermoplastics KEY REQUIREMENTS WHY AVIENT AVIENT SOLUTION STRENGTH + PART CONSOLIDATION LEARN MORE Copyright © 2023, Avient Corporation.

W AT E R S TO R AG E M A N U FAC T U R E R P O T A B L E W A T E R T A N K S • Diminish growth of microbials in water tanks to provide differentiating feature for landmark product launch • Prevent undesirable odor associated with bacteria and fungal growth on the product’s polymer surface • Meet FDA, NSF, and UL regulatory requirements • Formulated a multi-polymer solution that ensured microbial and fungal growth were diminished while preserving polymer performance • Utilized antimicrobials to mitigate the causal effect of undesirable tastes and odors • Enabled customer to meet requirements through Avient’s knowledge and expertise of regulatory protocols Cesa™ WithStand™ Antimicrobial Additives KEY REQUIREMENTS WHY AVIENT?