Raven Industries Board Announces Cash Dividend of 13 Cents Payable on July 24, 2015

Sioux Falls, S.D.—May 22, 2015—Raven Industries, Inc. (NASDAQ: RAVN) announced today that its board of directors has approved a regular quarterly cash dividend of 13 cents per share. The dividend is payable July 24, 2015, to shareholders of record on July 10, 2015.

About Raven Industries, Inc: Since 1956, Raven Industries has designed and manufactured high-quality, high-value technical products. Raven is publicly traded on NASDAQ (RAVN) and has earned an international reputation for innovation, product quality, high performance, and unmatched service. Raven’s purpose is to solve great challenges in areas of safety, feeding the world, energy independence and resource preservation. To realize this purpose, we utilize our strengths in engineering, manufacturing and technological innovation to serve the precision agriculture, high performance specialty films, aerospace and situational awareness markets. Visit www.RavenInd.com for more information.

CONTACT:

Shaylee Healy, Investor Relations Director

Raven Industries, Inc.

605-331-0371

Shaylee.Healy@ravenind.com

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