Alro S.A.

Report Publication Announcement • Aug 11, 2020

No. 40/11.08.2020

Current Report

To: Financial Supervisory Authority Bucharest Stock Exchange

Current report in compliance with the stipulations of the Law no. 24/2017 and of the FSA Regulation no.5/2018 regarding the Issuers of financial instruments and market operations

Date of report: August 11, 2020 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 sharest Stock Exchange - Premium Tier Category (market symbol: ALR)

We hereby inform all persons who may be interested about the following important event to be reported:

Communiqué regarding the publication of the Consolidated Half-Year Report for the six months ended 30 June 2020

ALRO S.A. ("ALRO") informs shareholders and investors on the release of the consolidated financial results of ALRO for the six months ended 30 June 2020, as follows:

· The Consolidated Half-Year Report for the period ended 30 June 2020 (unaudited), prepared in compliance with the provisions of the Regulation no. 5/2018 regarding the Issuers of financial instruments and market operations and with the provisions of the Bucharest Stock Exchange Code will be available starting with 12 August 2020, after 8:20 (Bucharest time).

ALRO Group Half-Year Report for the six months ended 30 June 2020 was prepared in accordance with the Ministry of Public Finance Order no. 2844/2016, with subsequent amendments, which is in accordance with the International Financial Reporting Standards (IFRS) adopted by the European Union (EU) with some exceptions that do not affect the compliance with IFRS.

ALRO Group Half-Year Report for the six months ended on 30 June 2020 is not audited and is available on .

• V Bucharest Stock Exchange website, www.bvb.ro symbol ALR;
• V ALRO's website, category "Investor Relations", section "Reports": http://www.alro.ro/en/reports
• · Conference Call with the members of the investment community for the presentation of the consolidated results of ALRO for the six months ended 30 June 2020 is scheduled on 14 August 2020, starting with 11:00 (Bucharest time).

Alro S.A. 116 Pitesti Street	Phone: +(40) 249 431 901
Slatina, Romania	Fax: +(40) 249 437 500

alro@alro.ro www.alro.ro

If you would like to take part in the conference call, please contact Florenta Ghită, +40 (0)744 644 004 or investor.relations@alro.ro. For receiving the access information, please provide the following details: name, company, position and the phone number you will use to access the conference call.

The conference call presentation will be available starting with 14 August 2020 on ALRO's website, category "Investor Relations", section "Presentations": http://www.alro.ro/en/presentations.

This communiqué was simultaneously sent to the Bucharest Stock Exchange and to the Financial Supervisory Authority.

Additional information may be obtained from the Investor Relations Department, e-mail: investor.relations@alro.ro.

Marian-Daniel NĂSTASE Chairman of the Board of Directors

Gheorghe DOBRA Chief Executive Officer

Alro S.A. 116 Pitesti Street Slatina, Romania

Phone: +(40) 249 431 901 Fax: +(40) 249 437 500

alro@alro.ro www.alro.ro

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