Microsoft PowerPoint - AVNT Q4 2021 Earnings Presentation (v17) - W PEERS x ESI AVIENT CORPORATION F O U R T H Q U A R T E R 2 0 2 1 R E S U L T S A N D 2 0 2 2 F I N A N C I A L G U I D A N C E (NYSE: AVNT) F E B R U A RY 8 , 2 0 2 2 DISCLAIMER Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $635M and estimated CAPEX of $90M (excludes IT system upgrade of $25M and synergy capture CAPEX of $20M) Source: Peer data per Bloomberg market data as of February 15, 2022 86 89 85 80 76 76 89 85 79 78 76 76 76 70 69 63 8 LB Source: Peer data per Bloomberg market data as of February 15, 2022 Total Enterprise Value / 2022E EBITDAWith the Clariant Color business acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets. APPENDIX Performance Additives 15% Pigments TiO2 Dyestuffs 3%Polyethylene Nylon 6% Polypropylene Other Raw Materials 30% Styrenic Block Copolymer ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 31 • Significant raw material price inflation and tight inventory continued in Q4 2021 o For the full year, the average cost of hydrocarbon based materials was up 50% in 2021 o For the full year, the average cost of non- hydrocarbon based materials was up 12% in 2021 • Additionally, we continued to experience other supply chain challenges during Q4 related to raw material spot purchases, freight constraints and productivity loss as a result of these shortages Annual Purchases RAW MATERIAL AND SUPPLY CHAIN UPDATE Based on 2021 purchases, excludes Distribution business SEGMENT DATA U.S. & Canada 50% Latin America 9% 2021 SEGMENT, END MARKET AND GEOGRAPHY 33 GEOGRAPHY REVENUESEGMENT FINANCIALS 23% 19% Building and END MARKET REVENUE (1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs $2,402M $409M $919M $164M $1,631M $94M Sales EBITDA Distribution Specialty Engineered Materials Color Additives and Inks $581M$4,819M 15% 34% 21% Building & 9% 1% Telecommunications C O L O R , A D D I T I V E S & I N K S 2021 REVENUE | $2 .4 BILL ION 32% 40% 21% Latin America END MARKET REGION 34 S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 27% Building & 2021 REVENUE | $919 MILLION END MARKET 55% 20% REGION 35 DI S TR IBU T I ON 26% 23% 20% Building and 80% 3% Latin America END MARKET REGION K E Y S U P P L I ER S 2021 REVENUE | $1 .6 B ILL ION 36 TOTA L C O M PA N Y R E G I O N A L S A L E S BY END MARKET 30% 26%Healthcare 14% Building & 2% Energy (16% of sales) 32% Building & (25% of sales) 37 19% Building & US & Canada (50% of sales) 38% 33% Building & LATAM (9% of sales) 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.

Microsoft PowerPoint - Avient February IR Meetings AVIENT CORPORATION (NYSE: AVNT) F E B R U A R Y 1 7 - 1 8 , 2 0 2 1 I N V E S T O R M E E T I N G S H O S T E D B Y G O L D M A N S A C H S A N D M O R G A N S T A N L E Y DISCLAIMER Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. 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. 27 Avient reflects 2021 estimated EBITDA of $510M OUR VALUATION VERSUS PEERS Avient Specialty Other 9.5 21.1 13.2 13.2 12.0 12.0 9.7 25.2 23.1 14.7 13.5 12.9 11.0 11.0 11.0 10.2 9.6 9.3 9.3 9.1 8.6 8.3 Median: 11.0xMedian: 12.6x SUMMARY: WHY INVEST IN AVIENT? SEGMENT HIGHLIGHTS U.S. & Canada 50% 26% 16% Latin America 2020 SEGMENT, END MARKET AND GEOGRAPHY 30 GEOGRAPHY REVENUESEGMENT FINANCIALS 21%Industrial Building & Electrical & END MARKET REVENUE All data reflects 2020 Pro forma for acquisition of the Clariant Masterbatch business. (1) The total company sales and EBITDA of $3,783M and $457M, respectively, include intercompany sales eliminations and corporate costs $2,043M $331M $709M $124M $1,110M $70M Sales EBITDA Distribution Specialty Engineered Materials Color Additives and Inks $457M$3,783M 35% 14% Building & Electrical & C O L O R , A D D I T I V E S & I N K S 2020 PF REVENUE | $2 .0 BILLION 31% 40% 22% Latin America END MARKET REGION 31 2020 figures Pro forma for acquisition of the Clariant Masterbatch business S P E C I A LT Y E N G I N E E R E D M AT E R I A L S 24% Wire & Cable(1) 24% Electrical & 13% Transporation 11% Building & 2020 REVENUE | $709 MILLION END MARKET 58% 19% REGION 32 (1) Approximately 50% of Wire and Cable sales are associated with Fiber Optic Cabling DI S TR IBU T I ON 2020 REVENUE | $1 .1 B ILL ION 29% 25% 20% 14% Electrical & Building & 1% 82% Latin America END MARKET REGION K E Y S U P P L I ER S 33 AMERICAS EMEA ASIA 26% 19% 13% 16% Building & Electrical & 34% 16%Healthcare 17% Building & Electrical & 32% 27% 12% Building & Electrical & 9% 2020 figures Pro forma for acquisition of the Clariant Masterbatch business TOTA L C O M PA N Y R E G I O N A L S A L E S BY END MARKET (58% of sales) (26% of sales) (16% of sales) 34 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.

AUTOMOTIVE OEM V E H I C L E L I G H T H E A T S I N K S • Replace aluminium to reduce part weight and cost • Excellent thermal performance • Simplify manufacturing process • Reduced part weight by 40% and 44% in two heat sink designs while matching the performance of the incumbent material • Met thermal efficiency demands through part re-design and material selection support • Customized multiple formulations to satisfy customer needs • Improved manufacturability by changing to a single injection molding step Therma-Tech™ Thermally Conductive Formulations KEY REQUIREMENTS WHY AVIENT?

HEALTHCARE DEVICE OEM C O N T I N U O U S G L U C O S E M O N I T O R • Specific color matching for brand alignment and recognition • Chemically resistant material to help product last longer • Single source for materials and color expertise • Provided a pre-colored solution that met rigorous application requirements to improve color consistency between products • Incorporated scratch & mar resistant additives for improved durability • Offered the ability to run small pilot lots • Met regulatory requirements for USP Class VI Trilliant™ HC Thermoplastics KEY REQUIREMENTS WHY AVIENT?

PHONE CASE BRAND C L E A R P H O N E C A S E S • Optically clear • Non-yellowing • Good stain resistance • Bondable to PC • Formulated a custom solution to enhance stain resistance and tensile strength • Collaborated on application and technical services to help ensure end product maintained optical clarity when texture was added • Provided manufacturing support to reduce scrap • Coordinated across multiple regions for supply continuity and technical support to serve customer’s global needs Versaflex™ CE 3320-80 TPE KEY REQUIREMENTS WHY AVIENT?

LUXURY PACKAGING MANUFACTURER S P I R I T B O T T L E C A P S • Specific gravity of 1.6 • EU and FDA compliant material • ABS-based material suitable for electroplating • Delivered a customized density polymer that supported electroplating, resulting in both the look and feel of metal • Demonstrated experience and expertise in density-modified material technology and electroplating to reach application goals quickly and cost-effectively Gravi-Tech™ Density Modified Formulation KEY REQUIREMENTS WHY AVIENT?

CONTINUOUS GLUCOSE MONITORING OEM C G M S Y S T E M M O N I T O R • Provide color options that work within a limited existing pigment set • Offer regulatory support in achieving approval for new color formulations • Shorten development time to gain faster approvals and realize lower costs • Offered color options that met desired aesthetics and moods utilizing the approved pigment set while creating a distinct color difference from an existing device • Provided support in achieving regulatory approvals, resulting in significant cost and time savings • Compressed the timeline through on-site color visualization, exploration, and formulation of new colors ColorWorks™ Design Center, Phoenix, AZ KEY REQUIREMENTS WHY AVIENT?

ITALIAN MOLDER & PART PRODUCER L U X U R Y T O O T H B R U S H B A S E • Density 4.0 SG • Low water absorption • Good mechanical performance • Chemical resistance to toothpaste and cleaning products • Worked in close collaboration with customer to fully understand material requirements • Provided an alternative to metal with the processing and recyclability benefits of a polymer • Enabled customer to launch innovative new product into the market winning Red Dot Design Award Gravi-Tech™ Density Modified Formulations KEY REQUIREMENTS WHY AVIENT?

OFF-ROAD VEHICLE MANUFACTURER S T R U C T U R A L B O D Y C O M P O N E N T S • Replace metal and consolidate parts • High strength • Structural stiffness • Durability • Reduced manufacturing complexity while maintaining strength • Leveraged Avient Design services to achieve consolidated part design • Conducted mold flow analysis and guided material selection using technical and application expertise Nymax™ REC Recycled Nylon Formulation – ND 1233 Grade KEY REQUIREMENTS WHY AVIENT?

LEADING PRODUCER OF CLOSURES FOR SPIRITS L U X U R Y C L O S U R E S • Replace metal while providing metallic look and feel • Customization of density and color • Easy processing • FDA compliance • Replaced metal with a weighted polymer solution to maintain high-quality perception • Minimized the appearance of chips from everyday wear better than metal by matching closure interior and metalized coating colors • Enabled the customer to introduce their luxury closures to a new market segment Gravi-Tech™ Density Modified Formulation KEY REQUIREMENTS WHY AVIENT?