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Preliminary Proxy Statement

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Definitive Proxy Statement

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Definitive Additional Materials

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Soliciting Material under §240.14a-12

Argan, Inc.

(Name of Registrant as Specified In Its Charter)

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(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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Fee paid previously with preliminary materials.

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Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

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ARGAN, INC.

c/o Continental Proxy Services

1 State Street, New York, NY 10004

You May Vote Your Proxy When You View The Material On The Internet. You Will Be Asked To Follow The Prompts To Vote Your Shares.

Argan, Inc.

One Church Street, Suite 201 Rockville, Maryland 20850

Notice of

Annual Meeting of Stockholders To Be Held Tuesday, June 21, 2022 and

Notice of Internet Availability of Proxy Materials Proxy Materials for the 2022 Annual Meeting of Stockholders are now available on the Internet. Important information regarding the Internet availability of the Company’s proxy materials, instructions for accessing your proxy materials and instructions for requesting paper or email copies of your proxy materials are

provided on the reverse side of this Notice.

Dear Shareholder,

You are cordially invited to attend our 2022 Annual Meeting of Stockholders to be held on Tuesday, June 21, 2022 at 11:00 a.m., local time, at One Church Street, Room #104, Rockville, Maryland 20850.

Proposals to be considered at the Annual Meeting:

(1)The election of nine directors to our Board of Directors, each to serve until our 2023 Annual Meeting of Stockholders and until his/her successor has been elected and qualified or until his/her earlier resignation, death or removal.

(2)The non-binding advisory approval of our executive compensation (the "say-on-pay” vote).

(3)The ratification of the appointment of Grant Thornton LLP as our independent registered public accountants for the fiscal year ending January 31, 2023.

(4)The transaction of any other business that may properly come before the 2022 Annual Meeting of Stockholders or any adjournment or postponement of the meeting.

The Board of Directors recommends a vote "FOR” the election to the Board of Directors of each of the nine nominees, and "FOR” proposals 2 and 3. You are receiving this communication because you hold shares of our Common Stock, and the materials you should review before you cast your vote are now available.

Your electronic vote authorizes the named proxies to vote your shares in the same manner as if you marked, signed, dated, and returned the proxy card.

CONTROL NUMBER

The Proxy Materials are available for review at: http://www.cstproxy.com/arganinc/2022

Argan, Inc. One Church Street, Suite 201 Rockville, Maryland 20850

Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to be Held on Tuesday, June 21, 2022

The following Proxy Materials are available to you to review at

http://www.cstproxy.com/arganinc/2022

the Company’s Annual Report for the year ended January 31, 2022, the Company’s 2022 Proxy Statement, the Proxy Card, and any amendments to the foregoing materials that are required to be furnished to stockholders.

This is not a ballot. You cannot use this notice to vote your shares. This communication presents an overview of the more complete proxy materials that are available to you on the Internet. We encourage you to access and review all of the important information contained in the proxy materials before voting. If you would like to receive a paper or e-mail copy of these documents, you must request one. There is no charge for such documents to be mailed to you. Please make your request for a copy as instructed below on or before June 7, 2022 to facilitate a timely delivery. You may also request that you receive paper copies of all future proxy materials from the Company.