raven industries 2021 annual shareholder meeting
TRANSCRIPT
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