Alro S.A.

Related Party Transaction • Feb 27, 2024

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: February 27th , 2024 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 February 27th, 2024 with the company VIMETCO MANAGEMENT ROMANIA S.R.L, 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 February 27th, 2024 by ALRO S.A., as Buyer/Consumer with VIMETCO MANAGEMENT ROMANIA S.R.L., as Seller/Provider, 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 February 27th, 2024 and of mutual debts and receivables balances as of January 31 st, 2024

No.	Parties having concluded the legal document	Nature of the relationsh ip	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)	Penalties	Payment terms and conditions
1.	ALRO S.A. VIMETCO MANAGEMENT ROMANIA S.R.L.	Issuer Affiliated	295/27.02.2024 Addendum no. 5 of the electricity supply contract no. 47/09.11.2023	The decrease in electricity quantity that will be supplied in the period 01.03.2024 – 31.03.2024	254,643,433*	Receivables ALRO S.A. 14,138,655 Debts ALRO S.A. 17,828,163	0.02% for each day of delay	3 days from delivery date

*this value was included in Current Report no. 14 from February 15th, 2024