Exhibit 99.1
ARGAN, INC.
RESULTS OF VOTING
2020 ANNUAL MEETING OF THE STOCKHOLDERS OF ARGAN, INC.
JUNE 23, 2020
(1) The election of the following nine (9) directors to the Board of Directors of the Company, each to serve until the 2020 Annual Meeting of Stockholders and until his/her successor has been elected and qualified or until his/her earlier resignation, death or removal.
The results of the voting were as follows:
NAME OF DIRECTOR | | FOR | | | WITHHELD | | | BROKER NON-VOTES | |
Rainer H. Bosselmann | | | 12,381,089 | | | | 131,170 | | | | 1,494,217 | |
Cynthia A. Flanders | | | 9,898,080 | | | | 2,614,179 | | | | 1,494,217 | |
Peter W. Getsinger | | | 12,478,200 | | | | 34,059 | | | | 1,494,217 | |
William F. Griffin, Jr. | | | 12,431,441 | | | | 80,818 | | | | 1,494,217 | |
John R. Jeffrey, Jr. | | | 12,460,108 | | | | 52,151 | | | | 1,494,217 | |
Mano S. Koilpillai | | | 12,482,241 | | | | 30,018 | | | | 1,494,217 | |
William F. Leimkuhler | | | 11,223,149 | | | | 1,289,110 | | | | 1,494,217 | |
W.G. Champion Mitchell | | | 12,389,888 | | | | 122,371 | | | | 1,494,217 | |
James W. Quinn | | | 11,197,655 | | | | 1,314,604 | | | | 1,494,217 | |
(2) The approval of the Argan, Inc. 2020 Stock Plan and the allocation of 500,000 sharesof Argan’s common stock reserved for issuance thereunder.
The result of the voting was as follows:
For | | | Against | | | Abstain | | | Broker Non-Votes | |
| 12,064,923 | | | | 426,681 | | | | 20,655 | | | | 1,494,217 | |
(3) The nonbinding advisory approval of the Company’s executive compensation (the “say-on-pay” vote).
The result of the voting was as follows:
For | | | Against | | | Abstain | | | Broker Non-Votes | |
| 9,639,507 | | | | 2,850,465 | | | | 22,287 | | | | 1,494,217 | |
(4) The ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accountants for the year ending January 31, 2021.
The result of the voting was as follows:
For | | | Against | | | Abstain |
| 13,906,476 | | | | | | | | 53,991 | | | 46,009 |