In order to prevent the loss of antioxidant from polymer matrix and increase the efficiency of free radical scavenging, a facile approach to prepare macromolecular-bound antioxidants based on copolymers pre-functionalized with hydroxyl side chains is discussed. Stabilizers are effectively synthesized through esterification of 3-(3, 5-di-tert-butyl-4-hydroxyphenyl) propionic acid with hydrolysed ethylene vinyl acetate (EVAl) and ethylene-1-octene copolymer grafted with long-chain monomers bearing hydroxyl groups (POE-H). The structure and composition of functionalized copolymers (EVOAP and POE-A) are followed using 1H NMR, FT-IR and GPC. The macromolecular stabilizers exhibit outstanding thermal degradation and oxidation stability in comparison with commercial corresponding copolymers (EVA and POE) and stabilized polypropylene products based on TGA and OIT results. In addition, binary blends of PP/EVOAP and PP/POE-A are assessed for short and long-term thermal stability and resistance to antioxidant extraction with ethanol. Compared to commercial PP, binary blends showed significantly lower amounts of leached stabilizers and the radical scavenging efficiency remained unchanged. In addition to efficiency of macromolecular-bound phenolic stabilizers in prevention of antioxidant mobility and loss due to extraction and volatilization, the compatibilizing effect of functionalized ethylene copolymers, which resemble the backbone structure of polyolefins, results in homogeneous distribution of immobilized phenolic moieties in non-polar polymer matrix.