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Alro S.A.
Related Party Transaction • Sep 19, 2025
2283_iss_2025-09-19_2c226c2a-d5f2-4d1f-9e03-516efb886e39.pdf
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. 44/19.09.2025
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: September 19th , 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. concluded on the date of September 19 th , 2025 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. four new transactions 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 related to the first 6 months of 2025, amounting to RON 45,772,278, as follows:
- Transactions of ALRO S.A. with VIMETCO MANAGEMENT ROMANIA S.R.L., carried out during the period June 1 st – August 31st , 2025 in total amount of RON 61,107,105.
- Details on the new transactions concluded on September 19th , 2025 by ALRO S.A. with the company VIMETCO MANAGEMENT ROMANIA S.R.L., containing information on the transaction date of conclusion, nature, description of its object.
Details have been enclosed to this Report, as follows:
- Annex 1 Reporting of transactions carried out during the period June 1 st – August 31st, 2025;
- Annex 2 Reporting of contracts related to the transactions in Annex 1;
- Annex 3- Reporting of transactions concluded on September 19th , 2025 and of mutual debts and receivables balances as of August 31st, 2025.
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 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 June 1 st – August 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 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1,073,000 | 1201/15.10.2024 |
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 8,646,010 | 365/31.03.2025 |
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 4,467,254 | 209/20.02.2025 |
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing expenses | 38,383 | no contract |
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 67,559 | 1207/15.10.2024 |
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 15,763 | 1208/15.10.2024 |
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 6,479 | 1206/15.10.2024 |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1,073,000 | 1201/15.10.2024 |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 5,140,479 | 742/30.06.2025 |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 4,639,196 | 788/14.07.2025 |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing expenses | 21,596 | no contract |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 26,386 | 1207/15.10.2024 |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 542,259 | 1208/15.10.2024 |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1,073,000 | 1201/15.10.2024 |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 4,288,573 | 742/30.06.2025 |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 4,636,090 | 788/14.07.2025 |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing expenses | 20,419 | no contract |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 26,375 | 1207/15.10.2024 |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 15,825 | 1208/15.10.2024 |
| Total | 35,817,646 |
| 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 | VIMETCO MANAGEMENT ROMANIA SRL | Nature of | Nature of | Object of transaction | Amount | N.R.U. number/ |
| relationship | relationship | transaction | (RON) | Date of contract | |||||
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Reinvoicing services | 5,853 | no contract |
| 2025 | 6 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 44,373 | 366/31.03.2025 |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Reinvoicing services | 3,303 | no contract |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 45,039 | 744/30.06.2025 |
| 2025 | 7 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Energy | 12,581,338 | 743/30.06.2025 |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 28,215 | 744/30.06.2025 |
| 2025 | 8 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Energy | 12,581,338 | 743/30.06.2025 |
| Total | 25,289,459 |
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 | 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 | Gas | 742/30.06.2025 | 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 | Energy | 788/14.07.2025 | 3 days from the receipt invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 1207/15.10.2024 | 3 days from the receipt 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 | 366/31.03.2025 | 5 days from the invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 744/30.06.2025 | 15 calendar days from invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Energy | 743/30.06.2025 | on the 15th of the month following the delivery month |
Annex 3 - Reporting of transactions concluded on September 19th , 2025 and of mutual debts and receivables balances as of August 31st, 2025
| 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) |
Guarantees | Penalties | Payment terms and conditions |
|---|---|---|---|---|---|---|---|---|---|
| 1. | ALRO S.A. (Final client/Main supplier) VIMETCO MANAGEMENT ROMANIA S.R.L. (Supplier) |
Issuer Affiliated |
988/19.09.2025 Multiparty convention from 01.01.2025 |
The main supplier assumes the responsability of balancing the entire energy quantity on the wholesale market |
Receivables ALRO S.A. 31,880,822 Debts ALRO S.A. 19,936,378 |
- | - | - | |
| 2. | ALRO S.A. (Final client/Main supplier) VIMETCO MANAGEMENT ROMANIA S.R.L. (Supplier) |
Issuer Affiliated |
985/19.09.2025 Multiparty convention from 01.02.2025 |
The main supplier assumes the responsability of balancing the entire energy quantity on the wholesale market |
Receivables ALRO S.A. 31,880,822 Debts ALRO S.A. 19,936,378 |
- | - | - | |
| 3. | ALRO S.A. (Final client/Main supplier) VIMETCO MANAGEMENT ROMANIA S.R.L. (Supplier) |
Issuer Affiliated |
986/19.09.2025 Multiparty convention from 01.04.2025 |
The main supplier assumes the responsability of balancing the entire energy quantity on the wholesale market |
Receivables ALRO S.A. 31,880,822 Debts ALRO S.A. 19,936,378 |
- | - | - |
| 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 |
| 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) |
Guarantees | Penalties | Payment terms and conditions |
|---|---|---|---|---|---|---|---|---|---|
| 4. | ALRO S.A. (Final client/Main supplier) |
Issuer | 987/19.09.2025 Multiparty |
The main supplier assumes the responsability of balancing the entire energy quantity on the wholesale market |
Receivables ALRO S.A. 31,880,822 |
- | - | - | |
| VIMETCO MANAGEMENT ROMANIA S.R.L. (Supplier) |
Affiliated | convention from 01.07.2025 |
- | Debts ALRO S.A. 19,936,378 |
