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Alro S.A.
Related Party Transaction • Jun 20, 2025
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Related Party Transaction
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T: +40-249-431.901 T: +40-21-408.35.00
230048 Slatina, Romania 040036 Bucharest,Romania
Nr. 31/20.06.2025
Current Report
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: June 20th , 2025 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: J1991000008282 The European Unique Identifier (EUID): ROONRCJ1991000008282 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, with subsequent amendments and additions
Please be informed by the present Current Report that ALRO S.A. carried out during the period March 1 st – May 31st , 2025 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. the following transactions that exceed 5% of the Company's net assets as per ALRO S.A. Standalone Financial Statements for the year of 2024, amounting to RON 44,095,310, as follows:
▪ Transactions of ALRO S.A. with VIMETCO MANAGEMENT ROMANIA S.R.L., carried out during the period March 1 st – May 31st, 2025 in total amount of RON 48,435,311.
Details have been enclosed to this Report, as follows:
- Annex 1 Reporting of transactions carried out during the period March 1 st – May 31st, 2025 ;
- Annex 2 Reporting of contracts related to the transactions in Annex 1;
- Annex 3- Reporting of mutual debts and receivables balances as of May 31st, 2025.
The Company management declares that the management has assessed the reported transactions as being economically correct and justified.
1
Chairman of the Board of Directors Chief Executive Officer Marian Daniel Nastase Marin Cilianu
ALRO S.A. CIF: RO1515374 J1991000008282 www.alro.ro
| Slatina H.Q. | Bucharest Office |
|---|---|
| 116 Pitesti Street | 64 Splaiul Unirii |
| 230048 Slatina, Romania | 040036 Bucharest, Romania |
| T: +40-249-431.901 | T: +40-21-408.35.00 |
Annex 1 - Reporting of transactions carried out during the period March 1 st – May 31st, 2025
Acquisitions
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1,073,000 | 1201/15.10.2024 |
| 2025 | 3 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 7,415,312 | 1496/16.12.2024 |
| 2025 | 3 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 4,608,274 | 209/20.02.2025 |
| 2025 | 3 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing expenses | 19,874 | no contract |
| 2025 | 3 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 25,885 | 1207/15.10.2024 |
| 2025 | 3 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 15,530 | 1208/15.10.2024 |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1,073,000 | 1201/15.10.2024 |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 9,856,362 | 365/31.03.2025 |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 4,461,052 | 209/20.02.2025 |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing expenses | 17,192 | no contract |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing services | 497,740 | no contract |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 1,971,564 | 1206/15.10.2024 |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 510,895 | 1208/15.10.2024 |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 25,882 | 1207/15.10.2024 |
| 2025 | 5 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1,073,000 | 1201/15.10.2024 |
| 2025 | 5 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 8,878,640 | 365/31.03.2025 |
| 2025 | 5 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 4,616,163 | 209/20.02.2025 |
| 2025 | 5 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing expenses | 93,027 | no contract |
| 2025 | 5 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 2,067,025 | 1207/15.10.2024 |
| 2025 | 5 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 15,799 | 1208/15.10.2024 |
Total 48,315,216
2
| Slatina H.Q. | Bucharest Office |
|---|---|
| 116 Pitesti Street | 64 Splaiul Unirii |
| 230048 Slatina, Romania | 040036 Bucharest, Romania |
| T: +40-249-431.901 | T: +40-21-408.35.00 |
| Sales | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
|
| 2025 | 3 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 35,475 | 1205/15.10.2024 | |
| 2025 | 4 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 34,605 | 366/31.03.2025 | |
| 2025 | 5 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 50,015 | 366/31.03.2025 | |
| Total | 120.095 |
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 SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Acquisitions | Consultancy | 1201/15.10.2024 | Maximum 5 days from the beginning of each month |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Acquisitions | Gas | 1496/16.12.2024 | Advance invoice will be paid in 5 working days from the invoice date th Regularization invoice will be paid on 25 of the month following the delivery month |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Acquisitions | Gas | 365/31.03.2025 | 3 calendar days from the date of receipt for the advance invoice 5 working days from the issuance date for the regularization invoice |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Acquisitions | Energy | 209/20.02.2025 | 3 days from the receipt invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Acquisitions | Strategic consultancy | 1207/15.10.2024 | 45 days from the invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Acquisitions | Strategic consultancy | 1208/15.10.2024 | 45 days from the invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Acquisitions | Strategic consultancy | 1206/15.10.2024 | 45 days from the invoice date |
| Slatina H.Q. | Bucharest Office |
|---|---|
| 116 Pitesti Street | 64 Splaiul Unirii |
| 230048 Slatina, Romania | 040036 Bucharest, Romania |
| T: +40-249-431.901 | T: +40-21-408.35.00 |
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 SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Sales | Gas distribution | 1205/15.10.2024 | 5 days from the invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL |
Affiliated | Sales | Gas distribution | 366/31.03.2025 | 5 days from the invoice date |
Annex 3 - Reporting of mutual debts and receivables balances as of May 31st, 2025
| Company | Related party | Balance as of May 31st , 2025 (RON) |
|||
|---|---|---|---|---|---|
| Name | Nature of relationship | Name | Nature of relationship | Receivables | Liability |
| ALRO S.A. | Issuer | VIMETCO MANAGEMENT ROMANIA S.R.L. |
Affiliated | 21,831,720 | 28,157,696 |
