NOTICE TO THE STOCKHOLDERS OF
ARGYLE SECURITY, INC.
PURSUANT TO SECTION 228 OF THE GENERAL CORPORATION LAW OF
THE STATE OF DELAWARE
Notice is hereby given to all stockholders of Argyle Security, Inc., a Delaware corporation (the
“Company”), pursuant to Section 228(e) of the Delaware General Corporation Law (the “DGCL”) that:
Effective as of July 13, 2015, certain of the stockholders holding (i) at least a majority of the
outstanding shares of the Series B Convertible Preferred Stock, voting as a single class and not on an asconverted
basis and (ii) the holders of at least a majority of the outstanding shares of Series B Preferred
Stock and Common Stock, voting together as a single class (on an as-converted basis) of the Company,
consented by written consent in lieu of a special meeting to adopt and approve, among other things, (i) the
Fourth Amended and Restated Certificate of Incorporation, which, among other things, increased the
number of authorized shares of stock from 90,000,000 to 150,000,000 of which 120,000,000 are designated
as common stock and 30,000,000 designated as preferred stock, (ii) a Certificate of Designations,
Preferences and Rights of Series C Convertible Preferred Stock, that created the new Series C Preferred
Shares, authorized 27,000,000 Series C Preferred Shares and designated the rights, preferences, privileges
and limitations of the Series C Preferred Shares, and (iii) the issuance of up to 27,000,000 shares of Series
C Convertible Preferred Stock, a copy of which written consent is attached hereto as Exhibit A.
Dated as of July 17, 2015
ARGYLE SECURITY, INC.
By: /s/ Buddy Johns
Buddy Johns
President and Chief Executive Officer
