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 ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), one new transaction 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 regarding the transaction concluded on December 15 th , 2023 by ALRO S.A., as Supplier with the company ALUM S.A. Tulcea, as Consumer 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 the transaction 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 relationship	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)	Created securities, Stipulated penalties	Payment terms and conditions
1.	ALRO S.A.	Issuer	1311/15.12.2023 Addendum no.32 to the energy supply contract no. 02/28.06.2006	Extending the validity of the contract until 31.12.2024; establishing the quantity of contracted energy and how to determine the contractual price	2,482,836	Receivables ALRO S.A. 85,905,343		15 days from invoice date
	ALUM S.A.	Subsidiary				Debts ALRO S.A. 183,120	-