Alro S.A.

Related Party Transaction • Aug 13, 2021

No. 62/13.08.2021

To: The Financial Supervisory Authority Bucharest Stock Exchange

Current report in compliance with article no. 108 of Law no. 24/2017 on issuers of financial instruments and market operations - Republished

Date of report: August 13th, 2021 Name of issuer: ALRO S.A. Headquarters: Slatina, 116 Pitesti Street, Olt County Telephone/ fax number: +40 249 431 901 / +40 249 437 500 Sole registration number at the Trade Register Office: RO 1515374 Trade Register Number: J28/8/1991 The European Unique Identifier (EUID): ROONRCJ28/8/1991 Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98 Subscribed and paid-in share capital: 356,889,567.5 RON Regulated market on which the issued shares are traded: Bucharest Stock Exchange – Premium Category (market symbol: ALR)

Significant event to be reported: Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 12 of Law no. 24/2017 - Republished

Please be informed by the present Current Report, that ALUM S.A., subsidiary of ALRO S.A., concluded with the company CONEF GAZ S.R.L., related party of ALRO Group, on the date of 13 August 2021, one new transaction based on a purchase contract, whose cumulated value with the other transactions concluded/ carried out within the last 12 months, cumulatively exceeds 5% of the Company's net assets, as per ALRO S.A. standalone financial statements for the year 2020, in amount of RON 51,598,374.

Details regarding the transaction concluded on 13th August 2021 by ALUM S.A., subsidiary of ALRO S.A., as buyer, with the Company CONEF GAZ S.R.L., related party of ALRO Group, as seller, containing information on the transactions date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.

Chairman of the Board of Directors Chief Executive Officer Marian Daniel Nastase Gheorghe Dobra

Annex 1 – Reporting of the transactions concluded on 13th August 2021 and of mutual debts and receivables (balances) as of 31 July 2021

Nr.	Parties having concluded the legal document	Nature of the relationship	Date of conclusion and nature of the document	Description of the legal document object	Total value of the legal document (RON)	Mutual debts (RON)	Created securities	Stipulated damages	Payment terms and conditions
1.	ALUM S.A.	Subsidiary	245/13.08.2021 Addendum no.26 to the natural gas sales contract no. 118/2010	Amendments regarding the calculation formula in order to determine the contractual price for the natural gas purchased in August 2021	15,113,948*	Receivable ALUM 5,801,796.25	-	3% of the contract price for the daily / monthly quantities not taken over outside the flexibility limits and those taken over outside the flexibility limits	For the advance invoice: 25% of the invoice value on the 5th day of the delivery month and the remaining payment (difference) on the
	Conef Gaz S.R.L.	Company under common control				Debts ALUM -			15th day of the delivery month; For the settling invoice: on the 15th day of the month following the consumption month.

* these estimated values are included in the value of the contract reported on the date of October 2 2020