RAVEN INDUSTRIES 2021 ANNUAL SHAREHOLDER MEETING

We Solve Great Challenges

RAVEN OVERVIEW

$300mmInvestment over last 5 years1

1,375Employees

16Locations

A leader in precision agriculture, high-performance specialty films, and aerospace and defense solutions and the company’s groundbreaking work in autonomous systems is unlocking new possibilities in agriculture, national defense, and scientific research

Our purpose to Solve Great Challenges is bold and authentic; it keeps us grounded in markets that have meaning, provide profitable growth, and align with our values

Today, we are focused on Solving these Great Challenges:

▪ Feeding a growing population by improving agricultural efficiency

around the world

▪ Protecting Earth’s resources and preserving assets

▪ Connecting, protecting, and saving lives

PURPOSE

At Raven, we aspire to Solve

Great Challenges. This is

our role in the world and

why we exist as an

organization. Our purpose

is bold and authentic; it

keeps us grounded in

markets that have meaning,

provide profitable growth,

and align with our values.

VISION

Raven realizes our purpose

by developing innovative

solutions to great

challenges related to the

markets we understand and

serve. Today, those

solutions are focused on

feeding and connecting

the growing world

population, preserving

natural resources, and

answering the growing

need for security. This is

our vision for our future.

VALUES

At Raven, team members

embrace and strive to

uphold our values each day.

These long-held principles

have guided the company

for decades, from the

strategic development of

our business to the daily

actions of our team

members.

• Integrity

• Authenticity

• Courage

• Drive

• Humility

• Service

THE RAVEN WAY The Raven Way is our fundamental beliefs and guiding principles for how we approach our work at Raven. The

Raven Way is comprised of our purpose, vision, and values.

RAVEN SEGMENTS AT A GLANCED

esc

rip

tio

n

Leading innovator of Precision Agriculture

solutions through cost-saving agricultural

technology solutions

An autonomous platform built to become

the industry leader in autonomous

agricultural solutions, innovating smart

machine platforms/implements and

autonomous solutions across the farming

enterprise

Leading manufacturer and installer of

high-quality polymer films, sheeting and

composites for a set of diverse end

markets

Designs and manufactures fully

integrated stratospheric products and

services to deliver advanced situational

awareness and total perception solutions

Key p

rod

ucts

▪ Application

controls

▪ Guidance &

steering

▪ Field computers

▪ Boom controls

▪ Wireless

connectivity

▪ Cloud-based

data

management

▪ OMNiPOWER platform

▪ OMNiDRIVE

▪ RS1 with VSN

▪ Perception solutions

▪ Vineyard tractor automation

▪ Agricultural storage covers & liners

▪ Construction barriers & enclosure films

▪ Geomembrane environmental liners &

covers

▪ Industrial barriers & packaging

▪ Energy oilfield liners & covers

▪ Stratospheric balloons

▪ Radar systems

▪ Persistent communication platforms

▪ Integrated logistics support

▪ Sewing

AutonomyPrecision agriculture

Applied Technology Engineered films Aerostar

FY 2021

▪ Adjusted company priorities

▪ Pandemic Response

▪ Progress on strategic growth drivers

OUTLOOK

FY21 REVIEW & FY22 OUTLOOK

▪ Provide technology-based solutions for the most

important challenges in our markets

▪ Autonomous Agriculture

▪ Thinner, Lighter Strong Materials

▪ Persistent Surveillance

▪ Provide strong returns for our shareholders

▪ Provide rewarding fulfilling careers for our team

members

▪ Uphold the Raven Way

FY 2022

▪ Record Q1, substantial growth full year

▪ Meeting all milestones for growth drivers

▪ Supply chain constraints

▪ Full return to pre-pandemic conditions

RAVEN INDUSTRIES 2021 ANNUAL SHAREHOLDER MEETING

We Solve Great Challenges