Alro S.A.

Business and Financial Review • Nov 27, 2020

No. 63/27.11.2020

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: 27 November 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 shares are traded: Bucharest 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:

Press Release

ALRO's downstream subsidiary, Vimetco Extrusion, became a supplier for the most sophisticated industries

• Following ALRO's best practices and success story to provide high and very high value-added products, Vimetco Extrusion started to make the first steps towards the most sophisticated industries, as well
• Vimetco Extrusion supplies aluminium profiles and other high and very high value-added products for heliports built on the roof of several Romanian emergency hospitals
• ABC Development Aviation in partnership with Vimetco Extrusion built the first helideck at Bistrița County Emergency Hospital and started building a similar structure at Bacău County Emergency Hospital
• In the current challenging context faced by humanity, where the medical assistance, equipment and programs are of vital importance, this successful collaboration represents a big step for the benefit of all of us

Slatina, 27 November 2020 – ALRO S.A. (BVB: ALR, "the Company" or "ALRO"), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces that Vimetco Extrusion, ALRO Group's downstream subsidiary in charge with the extrusion business line, became a supplier for the most sophisticated industries by providing high and very high valueadded products for heliports constructions. Thus, Vimetco Extrusion entered a partnership with ABC Development Aviation, a company certified by AACR (The Romanian Civil Aeronautical Authority) as

ALRO S.A. 116 Pitesti Street Phone: +(40) 249 431 901 alro@alro.ro Slatina, Romania Fax: +(40) 249 437 500 www.alro.ro

developer and installer of aerodrome elements and infrastructure for developing helideck platforms made in Romania.

The first beneficiary of the aluminium profiles platforms produced in Slatina is the heliport of the County Emergency Hospital in Bistrița, which now has the necessary landing decks for helicopters transporting emergency cases, thus avoiding the heavy road transportation, save precious time and increasing the chances to save more lives. Moreover, after this successful project's implementation at Bistrița, the second heliport is currently being built at the Bacău Emergency County Hospital.

"For more than 15 years we focused our investments programme on manufacturing high and very high value-added aluminium products and today we are pleased and proud to see that another company part of ALRO Group entered into the next league and penetrated the most sophisticated industries by succeeding to become a supplier for heliports, a domain defined by high-quality, precision in execution and on-time delivery", said Marian NĂSTASE, Chairman of the Board of Directors, ALRO. "By entering this very exclusive section of the aluminium industry and by completing this first project in line with the counterparts' expectations, our colleagues from Vimetco Extrusion will offer a significant and needed support while returning from their accumulated expertise and experience over the years to the community and to the medical field in Romania", added Marian NĂSTASE.

Vimetco Extrusion supplies aluminium profiles and high value-added products, such as connectors for helideck assemblies, developing, altogether with ABC Development Aviation, helidecks made in Romania, with locally produced materials. In its turn, ABC Development Aviation certifies the final products and caters to its proper usage.

"The partnership we signed with ABC Development Aviation and the completion of our first heliport comes to demonstrate that our investments in manufacturing sophisticated aluminium products are successful, meaningful and support key-sectors in Romania", said Igor HIGER, Chairman of the Board of Directors, Vimetco Extrusion. "Moreover, I am proud to receive on behalf of the entire team the counterparts' appreciation that our products successfully meet all the technical specifications, quality criteria and supply terms required in this very demanding sector", added Igor HIGER.

Following the completion of the first heliports, other two similar projects are currently in discussions for the Emergency Clinical Hospital for Children "Marie S. Curie" in Bucharest and the Suceava County Emergency Hospital.

"ABC Development Aviation recognised the need for heliports platforms, at the national level and wanted to cover this undersupplied segment of manufacturing metal platforms for landing - take off, intended for heliports built on the hospitals' terraces", said Attila MARTON, CEO of ABC Development Aviation. "Until recently, these were exclusively imported, so we are happy that we succeeded developing, with the valuable support of our partner, Vimetco Extrusion, a project which meets the requirements of applicable aeronautical regulations and to provide good value for money", added Attila MARTON.

ABC Development Aviation is a company with 100% Romanian capital, offering integrated solutions for the heliport field, adapted to the individual requirements of the beneficiaries, being a leader on the Romanian market. ABC Development Aviation prepares feasibility studies, aeronautical studies, impact studies, topographic and obstacle studies, concept notes, technical projects, heliport documents, provide aviation fuel storage/ supply facilities, related equipment and provides maintenance service for them, aerodrome staff training and also provides consulting and project management services.

For further information, please contact:

www.alro.ro

Florența Ghiță

Bucharest Phone: +40 744 644 004 Email: investor.relations@alro.ro

Notes to the Editors:

ALRO Group

The companies part of ALRO Group are: ALRO S.A. – manufacturer of aluminium, Alum S.A. – producer of alumina, Sierra Mineral Holdings I, Ltd. – bauxite mining, Vimetco Extrusion S.R.L. – extrusion business line, Conef S.A. – holding and management company, Global Aluminium Ltd. – holding company and Bauxite Marketing Ltd - marketing. Having this structure, the Group created an integrated production chain assuring the raw materials for ALRO.

ALRO

ALRO is a subsidiary of Vimetco N.V. (the Netherlands), a global, vertically-integrated primary and processed aluminium producer. ALRO is one of the largest vertically integrated aluminium producers, by capacity, in Europe, having an installed production capacity of 265,000 tonnes per annum of electrolytic aluminium, 35,000 tonnes per annum of recycled aluminium and 325,000 tonnes per annum primary cast aluminium.

The main market for ALRO products is represented by the European Union; the Company exports its products to the USA and Asia, as well. ALRO is ISO 9001 certified for quality management and has NADCAP and EN 9100 certificates for aerospace production organizations, ALRO's products adhere to the quality standards for primary aluminium on the LME, as well as international standards for flat rolled products.

Starting from 18 March 2019, the Index Committee of the Bucharest Stock Exchange approved the inclusion of ALRO (code ALR) in BET, the main index of the market, and in BET-TR, the total return version of BET. ALRO's shares have been listed on the Bucharest Stock Exchange since October 1997 and ALRO represents the first company in the aluminium industry present in these two indices.

Since 16 November 2020, ALRO is a member of ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector.