Garda World Security Corporation Announces Commencement of Consent Solicitation with Respect to Its Outstanding Senior Notes due 2025 Pursuant to the Amendment Provisions of the Related Indenture - Seite 2

The Consent Solicitation is being made to all persons in whose names Notes are registered at 5:00 p.m., New York City time, on October 11, 2019 and their duly designated proxies (each a "Holder" and collectively, the "Holders"), including persons who have tendered or intend to tender their Notes in the Tender Offer. Holders may both tender their Notes in the Tender Offer and provide their Consents pursuant to the Consent Solicitation.

On September 13, 2019, the Company commenced a separate offer to purchase the Notes (the "Tender Offer") at a purchase price of 101% of the principal amount thereof, plus accrued and unpaid interest up to, but not including, the payment date, which offer would satisfy the Change of Control Offer requirements contained in the Indenture.

In order to both validly tender their Notes in the Tender Offer and validly deliver their Consents pursuant to the Consent Solicitation, Holders must follow both the tender procedures described in the Tender Offer Documents (as defined below), including through DTC's Automated Tender Option Program ("ATOP"), and validly deliver their Consents pursuant to the consent procedures described in the Consent Solicitation Documents. Consents may not be delivered through ATOP. In addition, Holders may tender their Notes in the Tender Offer pursuant to the procedures described in the Tender Offer Documents, including through ATOP, without providing their Consents pursuant to the Consent Solicitation and may also validly deliver their Consents pursuant to the consent procedures described in the Consent Solicitation Documents without tendering their Notes in the Tender Offer. Revocations of validly delivered Consents must be effected pursuant to the procedures described in the Consent Solicitation Documents, whereas withdrawals of valid tenders of Notes must be effected pursuant to the procedures described in the Tender Offer Documents. The Tender Offer is not conditioned on the receipt of the Requisite Consents (as defined below) in the Consent Solicitation.

The Consent Fee will only be payable if, among other things, the Proposed Amendment becomes operative and the Stock Purchase (as defined below) is consummated. Such Consent Fee is expected to be paid on the payment date for the Tender Offer. If the Company receives Consents in respect of at least a majority in aggregate principal amount outstanding of Notes (the "Requisite Consents") and the Proposed Amendment becomes effective, the Company will amend the Tender Offer to eliminate the ability of Holders to withdraw tendered Notes as of 5:00 p.m., New York time, on October 18, 2019.