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Avient Corporation AVNT Q3 2026 results FY 2026 financial guidance NOVEMBER 4, 2026
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Copyright © . Avient Corporation. All Rights Reserved 2026 2 Forward-looking statements Certain statements contained in or incorporated by reference into this presentation constitute“forward-lookingstatements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management’s expectations that involve business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. You can identify these statements by the fact that they do not relate strictly to historic or current facts. They use words such as "will,"“anticipate,”“estimate,”“expect,”“project,”“intend,”“plan,”“believe” and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales, items, include statements relating to future actions; prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal proceedings and environmental liabilities; and financial results. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: • disruptions, uncertainty or volatility in the global credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; • the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; • disruptions or inefficiencies in our supply chain, logistics, or operations; • changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change; • changes to foreign policy, including new or increased tariffs and changing import / export regulations; • fluctuations in raw material prices, quality and supply, and in energy prices and supply; • demand for our products and services; • production outages or material costs associated with scheduled or unscheduled maintenance programs; • unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; • our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; • information systems failures, cybersecurity breaches and cyberattacks; • our ability to service our indebtedness and restrictions on our current and future operations due to our indebtedness; • amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; • other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation, geopolitical conflicts, any recessionary conditions; and • other factors described in our Annual Report on Form 10-K under Item 1A, “Risk Factors.” Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. Use of non-GAAP measures This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures. The non-GAAP financial measures include: Organic Performance (which excludes the impact of foreign exchange), Adjusted Earnings Per Share, Adjusted EBITDA, Adjusted EBITDA margins, Adjusted ROIC, and Free Cash Flow. Avient’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of Avient and each business segment and to allocate resources. A reconciliation of each historical non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.avient.com. Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share, and Adjusted Free Cash Flow to the most comparable GAAP financial measures on a forward- looking basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items, and the information is not available without unreasonable effort. This is due to the inherent difficulty of forecasting the timing and quantity of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs. Each of such adjustments has not yet occurred, are out ofAvient’s control and/or cannot be reasonably predicted. For the same reasons, Avient is unable to address the probable significance of the unavailable information.
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President, Chief Executive Officer Mike Frank
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4Copyright © . Avient Corporation. All Rights Reserved 2026 Avient is focused on the intersection of several broad trends Sustainability & Circularity Less material, lower carbon, more recycling, safer chemistries BUILDING UPON A FOUNDATION OF... The world is demanding that materials do more Increasing Regulation & Material Complexity PFAS elimination, flame retardancy, chemical restrictions and increasingly demanding performance specifications Electrification & Energy Infrastructure AI/data centers, grid expansion, EVs and increasing electricity demand Healthcare Healthcare innovation, drug delivery Personal Safety & Protection Defense, law enforcement and personal protection Lightweighting & Advanced Materials Replacing metal, glass, wood and conventional materials with higher-performing polymers and composites
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5Copyright © . Avient Corporation. All Rights Reserved 2026 The world is demanding that materials do more Personal Safety & Protection Lightweighting & Advanced Materials Increasing Regulation & Material Complexity Electrification & Energy Infrastructure Healthcare ● Accelerate the translation ● solutions, leveraging our broad portfolio ● Optimize end to end supply chain ● strategic assets and capability ● customer-centric and agile ● above-market growth potential stable business performance OPPORTUNITIES TO UNLOCK...KEY OBSERVATIONS...
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Copyright © . Avient Corporation. All Rights Reserved 2026 6 Our purpose and strategic framework
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Q3 2026 Results
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Copyright © . Avient Corporation. All Rights Reserved 2026 8 ► Strong year-to-date performance of 17% adj. EPS growth led by sales growth and margin expansion ► $100M debt paydown year-to-date further strengthening the balance sheet ► Organic sales growth across both business segments driven by pricing, improving mix from new business gains and growth vector demand ► 80 bps of adj. EBITDA margin expansion enabled by higher sales, favorable mix and company-wide productivity initiatives ► Adj. EPS of $0.86 ahead of guidance of $0.80 better-than-expected sales growth in the Color, Additives and Inks segment ► Debt paydown of $50M in the quarter enabled by strong cash flow generation Financial performance and results Q3 2026 results Q3 2026 vs. Q3 2025 ORGANIC (excludes impact of foreign exchange) FX AS REPORTED Sales $891 10.6% (0.1%) 10.5% Adj. EBITDA $154 16.1% 0.1% 16.2% Adj. margin % 17.3% +80 bps +80 bps Adj. EPS $0.86 22.8% 0.1% 22.9% September YTD 2026 results September YTD 2026 vs. September YTD 2025 ORGANIC (excludes impact of foreign exchange) FX AS REPORTED $2,656 4.2% 2.0% 6.2% $472 8.1% 2.7% 10.8% 17.8% +70 bps +70 bps $2.65 13.2% 4.1% 17.3%
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Copyright © . Avient Corporation. All Rights Reserved 2026 9 Color, Additives & Inks – Q3 2026 performance Adj. EBITDA • Organic sales expanded through growth across all regions led by pricing and the key account strategy delivering new wins in Packaging and growth from Building & Construction driven by commercial infrastructure investment • Favorable mix from key growth markets and productivity initiatives led to strong adjusted EBITDA margin expansion and earnings growth Sales 510 552 Q3 2025 Q3 2026 96 111 Q3 2025 Q3 2026 +15% +15% +8% +8% Adj. EBITDA margin 18.9% Adj. EBITDA margin 20.1%
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Copyright © . Avient Corporation. All Rights Reserved 2026 10 Specialty Engineered Materials – Q3 2026 performance Adj. EBITDA • Double-digit organic sales growth across nearly every end market with continued strength in Electronics and High-Performance Computing and Building and Construction applications supporting commercial infrastructure investment • Demand growth, favorable mix and productivity led to expanded margins and strong earnings growth Sales 298 341 Q3 2025 Q3 2026 59 73 Q3 2025 Q3 2026 +23% +23% +14% +15% Adj. EBITDA margin 19.9% Adj. EBITDA margin 21.3%
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Copyright © . Avient Corporation. All Rights Reserved 2026 11 Q3 2026 organic revenue growth - by region US & Canada Europe, Middle East & Africa Asia Latin America Avient global Year-over-year revenue growth, excludes the impact of foreign exchange
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FY 2026 Guidance
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Copyright © . Avient Corporation. All Rights Reserved 2026 13 Updated 2026 financial guidance FULL YEAR OUTLOOK REVENUE GROWTH Mid to high single digits as reported CAPEX Approx. $120M supporting investments in growth vectors NET LEVERAGE 2.2x to 2.3x down from 2.6x in 2025 PRIOR GUIDANCE UPDATED TO... Adj. EBITDA $575M to $603M +6% to +11% yoy growth 593M 603M +9% to +11% yoy growth Adj. EPS $3.10 to $3.25 +10% to +15% yoy growth 3.22 3.32 +14% to +18% yoy growth Free cash flow $210M to $230M +8% to +18% yoy growth 215M 230M +10% to +18% yoy growth Macro assumptions influencing range ● Improvement in consumer and infrastructure spending due to government policies ● Continued acceleration of defense spending in EU and US ● Global demand uncertainty from inflation and higher interest rates
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15Copyright © . Avient Corporation. All Rights Reserved 2026 Avient 2025 sales BUSINESS SEGMENTS END MARKETS REGIONS 62% 38% SEM C AI 23% 18% 14% 11% 10% 9% 8% 4% 3% Packaging TelecomEnergy Defense Healthcare Building & construction Transportation Industrial Consumer 40% 36% 18% 6% US & Canada Latin America Asia Europe, Middle East and Africa
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16Copyright © . Avient Corporation. All Rights Reserved 2026 Color, Additives & Inks END MARKETS REGIONS 35% 20% 15% 11% 9% 8% Packaging Telecom 1%Energy 1% Transportation Industrial Consumer 33% 37% 20% 10% US & Canada Latin America Asia Europe, Middle East and Africa Healthcare Building & Construction
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17Copyright © . Avient Corporation. All Rights Reserved 2026 Specialty Engineered Materials END MARKETS REGIONS 22% 15% 11%14% 9% 9% 8% 7% 5% Defense Packaging Telecom Building & construction Transportation Industrial Consumer 52% 34% 14% US & Canada Asia Europe, Middle East and Africa Energy Healthcare
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Copyright © . Avient Corporation. All Rights Reserved 2026 18 Avient 2025 regional sales, by end market US & CANADA 40% of sales EMEA 36% of sales ASIA 18% of sales LATIN AMERICA 6% of sales 13% 19% 13% 9% 13% 12% 10% 6% 5% Packaging TelecomEnergyDefenseHealthcareBuilding & construction TransportationIndustrialConsumer 25% 13% 15%13% 10% 5% 12% 5% 2% 33% 24% 12% 10% 5% 11% 1%1% 3% 61%20% 7% 6% 5% 1%
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Copyright © . Avient Corporation. All Rights Reserved 2026 19 NON -HYDROCARBON MATERIALS HYDROCARBON -BASED ~35% of the raw material basket including part of “Other raw materials” are hydrocarbon-based Raw material basket 16% 14% 9% 2% 37% 8% 5% 4% 5% Performance additives Pigments TiO2 Dyestuffs Styrenic block copolymers Polypropylene Nylon Polyethylene Other raw materials
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Copyright © . Avient Corporation. All Rights Reserved 2026 20 Reconciliation of Non-GAAP financial measures 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. Further, as a result of Avient's strategic shift to an innovator of materials solutions, it has completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization. Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share. Senior management believes these measures are useful to investors because they allow for comparison to Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results due to the potential variability across periods based on timing, frequency and magnitude. The presentation of these non- GAAP measures is not intended to be considered in isolation from, as a substitute for, or as superior to, the financial information prepared and presented in accordance with U.S. GAAP. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP. Below is a reconciliation of these non-GAAP financial measures to their most directly comparable financial measures calculated and presented in accordance with GAAP. PAGE 1 OF 3 Reconciliation to EBITDA and Adjusted EBITDA Three months ended Sep 30, Nine months ended Sep 30, Twelve months ended Dec 31, 2026 2025 2026 2025 2025 $ Millions $ Millions $ Millions $ Millions $ Millions Net income – GAAP 43.5 32.8 165.0 66.4 83.6 Net income – GAAP as a percent of sales 4.9% 4.1% 6.2% 2.7% 2.6% Income tax expense 15.0 10.1 54.9 20.8 28.1 Interest expense, net 22.7 24.2 67.0 75.8 98.6 Depreciation & amortization 47.2 46.9 143.9 138.8 185.9 EBITDA 128.4 114.0 430.8 301.8 396.2 Special items, before tax 26.0 19.4 44.2 127.9 152.2 Interest expense included in special items — — — (2.0) (2.0) Depreciation & amortization included in special items — (0.5) (2.6) (1.2) (1.8) Adjusted EBITDA 154.4 132.9 472.4 426.5 544.6 Adjusted EBITDA as a percent of sales 17.3% 16.5% 17.8% 17.1% 16.7%
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Copyright © . Avient Corporation. All Rights Reserved 2026 21 Reconciliation of Non-GAAP financial measures PAGE 2 OF 3 Reconciliation to EBITDA and Adjusted EBITDA Three months ended September 30, Nine months ended September 30, 2026 2025 2026 2025 $ Millions $ Millions $ Millions $ Millions Sales Color, Additives and Inks 551.5 509.9 1,653.8 1,568.2 Specialty Engineered Materials 340.6 297.7 1,004.7 935.8 Corporate (0.9) (1.1) (2.9) (4.4) All Avient 891.2 806.5 2,655.6 2,499.6 Gross margin Color, Additives and Inks 189.1 168.8 573.0 529.9 Specialty Engineered Materials 107.0 91.0 316.9 282.6 Corporate (24.3) (14.9) (37.9) (26.5) All Avient 271.8 244.9 852.0 786.0 Selling and administrative expense Color, Additives and Inks 100.4 95.0 301.1 287.2 Specialty Engineered Materials 57.3 53.7 167.1 158.0 Corporate 31.5 29.1 93.0 176.9 All Avient 189.2 177.8 561.2 622.1 Operating income Color, Additives and Inks 88.7 73.8 271.9 242.7 Specialty Engineered Materials 49.7 37.3 149.8 124.6 Corporate (55.8) (44.0) (130.9) (203.4) All Avient 82.6 67.1 290.8 163.9 Depreciation and amortization Color, Additives and Inks 22.4 22.6 67.5 66.7 Specialty Engineered Materials 23.0 22.0 68.7 65.9 Corporate 1.8 2.3 7.7 6.2 All Avient 47.2 46.9 143.9 138.8 EBITDA Color, Additives and Inks 111.1 96.4 339.4 309.4 Specialty Engineered Materials 72.7 59.3 218.5 190.5 Corporate (54.0) (41.7) (123.2) (197.2) Other income, net (1.4) — (3.9) (0.9) EBITDA, All Avient 128.4 114.0 430.8 301.8 Special items, before tax 26.0 19.4 44.2 127.9 Interest expense, incl. in special items — — — (2.0) D&A included in special items — (0.5) (2.6) (1.2) Adj. EBITDA, All Avient 154.4 132.9 472.4 426.5 Reconciliation to condensed consolidated statements of income Year ended Dec 31, 2025 $ Millions EPS in $ Net income attributable to Avient common shareholders 81.9 0.89 Special items, after-tax 116.4 1.27 Amortization expenses, after-tax 60.7 0.66 Adjusted net income / EPS 259.0 2.82 Per share amounts may not recalculate from figures presented herein due to rounding1 1 Free cash flow Year ended Dec 31, 2025 $ Millions Operating cash flow 301.6 Capex (106.6) Free cash flow 195.0
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Copyright © . Avient Corporation. All Rights Reserved 2026 22 Reconciliation of Non-GAAP financial measures PAGE 3 OF 3 Reconciliation of tax effect on amortization Three months ended Sep 30, Nine months ended Sep 30, Twelve months ended Dec 31, 2026 2025 2026 2025 2025 $ Millions $ Millions $ Millions $ Millions $ Millions Amortization expense 20.4 20.5 61.3 59.9 80.3 Tax effect on amortization expense 4.7 4.6 14.8 14.3 19.6 Tax effect on amortization expense 15.7 15.9 46.5 45.6 60.7 The tax effect has been calculated using a blended statutory tax rate for jurisdictions in which amortization expense was recognized 2 2 Reconciliation to condensed consolidated statements of income Three months ended September 30, Nine months ended September 30, 2026 2025 2026 2025 $ Millions EPS in $ $ Millions EPS in $ $ Millions EPS in $ $ Millions EPS in $ Net income attributable to Avient common shareholders 42.7 0.46 32.6 0.36 163.2 1.77 65.0 0.71 Special items, after-tax 21.1 0.23 15.7 0.17 34.8 0.38 97.1 1.06 Amortization expense, after-tax 15.7 0.17 15.9 0.17 46.5 0.50 45.6 0.49 Adjusted net income / EPS 79.5 0.86 64.2 0.70 244.5 2.65 207.7 2.26 Per share amounts may not recalculate from figures presented herein due to rounding 11 11 1