Alro S.A.

Related Party Transaction • Dec 15, 2023

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: December 15 th , 2023 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 Tier Category (market symbol: ALR)

Significant event to be reported: Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 13 of Law no. 24/2017 – Republished

Please be informed by the present Current Report, that ALRO S.A. concluded on the date of December 15 th , 2023 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. two new transactions whose value cumulated with the other transactions concluded/carried out within the last 12 months, cumulatively exceed 5% of the Company's net assets as per ALRO S.A. Standalone Financial Statements related to the first 6 months of 2023, amounting to RON 63,083,755.

Details on the transactions concluded on December 15 th , 2023 by ALRO S.A. as Buyer/Consumer, with the company VIMETCO MANAGEMENT ROMANIA S.R.L., as Seller/Supplier, containing information on the transaction date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.

The Company management declares that the management has assessed the reported transactions as being economically correct and justified.

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

Annex 1 - Reporting of transactions concluded on December 15 th , 2023 and of mutual debts and receivables balances as of November 30 th , 2023

No.	Parties having concluded the legal document	Nature of the relations hip	Date of conclusion and nature of the document	Description of the legal document object	Total value of the legal document (RON)*	Mutual receivables and debts (RON)	Guarantees	Penalties	Payment terms and conditions
1.	ALRO S.A. VIMETCO MANAGEMENT ROMANIA S.R.L.	Issuer Affiliated	1310/15.12.2023 Addendum no. 2 of the electricity supply contract no. 47/09.11.2023	Modification of the payment method and establishment of guarantees	-*	Receivables ALRO S.A. 7,654,252 Debts ALRO S.A. 3,419,588	The Consumer will issue a guarantee letter bank to ensure the payment of the supplier's financial obligations	0.02% for each day of delay	3 days from delivery date
2.	ALRO S.A. VIMETCO MANAGEMENT ROMANIA S.R.L.	Issuer Affiliated	1312/15.12.2023 Addendum no. 2 of the gas supply contract no. 29/26.09.2023	Validity extension until 01.04.2024; establishment of consumption and the supply component	8,963,500	Receivables ALRO S.A. 7,654,252 Debts ALRO S.A. 3,419,588		0.05% for each day of delay	Advance invoice will be paid in 5 working days from the invoice date Regularization invoice will be th of paid on 25 the month following the delivery month

*the value of contract no. 47/09.11.2023 was included in the Current Report no. 95 of 11.12.2023