Item 5.07. Submission of Matters to a Vote of Security Holders.

On December 17, 2019, Arotech Corporation (the "Company") held a special meeting of its stockholders (the "Special Meeting"). As of October 29, 2019, the record date for the Special Meeting, there were 26,665,240 shares outstanding and entitled to vote at the Special Meeting. There were 15,389,513 shares of common stock represented in person or by proxy at the Special Meeting, which constituted a quorum. At the Special Meeting, the stockholders of the Company voted on the following proposals. The proposals are described in detail in the Company's definitive proxy statement filed with the Securities and Exchange Commission on November 4, 2019. The final voting results regarding each proposal are set forth below.

Proposal 1: Approval of the Merger Agreement.

The Company's stockholders approved the proposal to adopt the Agreement and Plan of Merger, dated as of September 22, 2019, by and among Argonaut Intermediate, Inc., Argonaut Merger Sub, Inc. and the Company, pursuant to which Argonaut Merger Sub will be merged with and into the Company (the "Merger Agreement"). The following were the tabulated votes "For" and "Against" this proposal, as well as the number of "Abstentions":





                              For       Against   Abstain
                           14,660,010   692,512   36,991

Proposal 2: Approval, on a Non-Binding Advisory Basis, of Compensation Payable in Connection with the Merger.

The Company's stockholders approved, on a non-binding advisory basis, the compensation that may be paid or become payable to the Company's named executive officers in connection with, or following, the consummation of the merger. The following were the tabulated votes "For" and "Against" this proposal, as well as the number of "Abstentions":





                             For        Against    Abstain
                          10,153,226   5,079,511   156,776


Proposal 3: Adjournment.

The Company's stockholders approved an adjournment of the Special Meeting to a later date or time if there are insufficient votes to adopt the Merger Agreement at the time of the Special Meeting. The following were the tabulated votes "For" and "Against" this proposal as well, as the number of "Abstentions." This adjournment did not occur since a sufficient number of votes approved the Merger Agreement.





                              For       Against   Abstain
                           14,466,750   770,676   152,087

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