Alro S.A.

Related Party Transaction • Jul 14, 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: July 14 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. carried out during the period May 1 st – June 30th , 2023 with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that cumulatively exceed 5% of the Company's net assets as per ALRO S.A. Standalone Financial Statements for the year of 2022, amounting to RON 70,644,348, as follows:

▪ Transactions of ALRO S.A. with VIMETCO EXTRUSION S.R.L., carried out during the period May 1 st – June 30th, 2023 in total amount of RON 73,293,305.

Details have been enclosed to this Report, as follows:

• Annex 1 Reporting of transactions carried out during the period May 1 st – June 30th, 2023;
• Annex 2 Reporting of contracts related to the transactions in Annex 1;
• Annex 3 Reporting of mutual debts and receivables balances as of June 30 th , 2023.

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 carried out during the period May 1 st – June 30th, 2023

Acquisitions

	Company		Related party
Year	Month	Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	Amount (RON)	N.R.U. number/ Date of contract
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Acquisitions	Aluminium scrap	366,096	130/19.01.2023
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Acquisitions	Aluminium scrap	329,437	130/19.01.2023

Total 695,533

Sales
		Company		Related party
Year	Month	Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	Amount (RON)	N.R.U. number/ Date of contract
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Finished products	32,750,121	P06272-140/28.06.2023
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	193,873	132/19.01.2023
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	470	1066/27.11.2019
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	5,462	622/15.05.2023
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Electricity	1,009,868	129/19.01.2023
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Finished products	1,196,437	643/19.05.2023
							processing
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Services	69,740	294/16.02.2021
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Utilities	48,500	132/19.01.2023
2023	5	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Utilities	3,333	133/19.01.2023
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Finished products	35,215,828	P06272-140/28.06.2023
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	195,221	132/19.01.2023
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	470	1066/27.11.2019
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	5,456	622/15.05.2023
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Electricity	747,098	129/19.01.2023
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Finished products	1,033,659	744/22.06.2023
							processing

Alro S.A. 116 Pitești Street Phone: +(40) 0249 431 901 alro@alro.ro Slatina, Romania Fax: +(40) 0249 437 500 www.alro.ro

Year	Month	Name	Nature of	Name	Nature of	Nature of	Object of transaction	Amount	N.R.U. number/ Date of
			relationship		relationship	transaction		(RON)	contract
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Services	69,100	294/16.02.2021
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Utilities	48,500	132/19.01.2023
2023	6	ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Utilities	4,636	133/19.01.2023
		Total						72,597,772

Annex 2 - Reporting of the contracts related to the transactions included in the Annex 1;

Acquisition contracts

Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	N.R.U number/ Date of contract	Payment term
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Acquisitions	Aluminium scrap	130/19.01.2023	90 days from invoice date

Sales contracts

Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	N.R.U. number/ Date of contract	Payment term
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	132/19.01.2023	30 days from invoice date
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	622/15.05.2023	30 days from invoice date
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Rent	1066/ 27.11.2019	30 days from the date of receipt of the invoice
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Utilities	132/19.01.2023	30 days from invoice date
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Utilities	133/19.01.2023	30 days from invoice date
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Finished products processing	643/19.05.2023	30 days from invoice date

Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	N.R.U. number/ Date of contract	Payment term
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Finished products processing	744/22.06.2023	30 days from invoice date
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Electricity	129/19.01.2023	15 days from invoice date
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Services	294/16.02.2021	30 days from invoice date
ALRO S.A.	Issuer	VIMETCO EXTRUSION S.R.L.	Subsidiary	Sales	Finished products	P06272- 140/28.06.2023	45 days from the delivery

Annex 3 - Reporting of mutual debts and receivables balances as of June 30 th , 2023

Company		Related party		Balance as of June 30th , 2023 (RON)
Name	Nature of relationship	Name	Nature of relationship	Receivables	Liability
		VIMETCO EXTRUSION
ALRO S.A.	Issuer	S.R.L.	Subsidiary	54,798,289	1,407,836