David Hibbert Watson CPA — CFO, Senior VP, Treasurer & Corporate Secretary at Argan

Mr. David Hibbert Watson, CPA, has been the Chief Financial Officer, Senior Vice President and Corporate Secretary of Argan, Inc. since October 15, 2015 and serves as its Treasurer. Mr. Watson serves as the Chief Financial Officer and Principal Accounting Officer at Gladstone Lending Corp. He served as the Assistant Vice President of Banking at Gladstone Commercial Corp. He was employed at Gladstone Management Corporation. He served as Chief Financial Officer of Gladstone Investment Corporation from January 25, 2010 to January 9, 2015 and Treasurer from January 2012 to January 9, 2015. He served as Chief Financial Officer of Gladstone Capital Corporation from January 11, 2011 to April 9, 2013 and Treasurer since January 2012. He served as Principal Accounting Officer of Gladstone Capital Corporation. He served as a Director of Portfolio Accounting at MCG Capital Corporation, from August 2007 to January 2010. From July 2001 to July 2007, HE served at Capital Advisory Services, LLC, which subsequently joined Navigant Consulting, Inc., where he held various positions providing finance and accounting consulting services. He served as an Auditor at Deloitte and Touche. He is a C.P.A. with the Commonwealth of Virginia. Mr. Watson holds an M.B.A. from the University of Maryland's Smith School of Business and a B.S. from Washington and Lee University.