Alro S.A.

Related Party Transaction • Jul 31, 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 31st , 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 July 31st, 2023 with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority), one new transaction whose cumulated value 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 for the year of 2022, amounting to RON 70,644,348.

Details regarding the transaction concluded on July 31st, 2023 by ALRO S.A., as Seller with VIMETCO EXTRUSION S.R.L., as Buyer, 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 July 31st, 2023 and of mutual debts and receivables balances as of June 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	Payment terms and conditions
1.	ALRO S.A. VIMETCO EXTRUSION S.R.L.	Issuer Subsidiary	P072823 -160/31.07.2023 Addendum no. 3 for the Sale-Purchase contract no. I 3515/2023	Setting up the sales premium for the quantity of 7,470 Mt +/- 5% of aluminum billets, type 6060i, 6063, 6005, 6082F, which will be delivered within the period July-September 2023	104,786,321*	Receivables ALRO S.A. 54,798,289 Debts ALRO S.A. 1,407,836	-	45 days from delivery date

* this estimated value was included in the value of the contract no. P011123-220, reported on January 13th, 2023