Alro S.A.

Related Party Transaction • Oct 16, 2025

Slatina H.Q.

116 Pitesti Street

230048 Slatina, Romania
T: +40-249-431 901

Bucharest Office
64 Splaiul Unirii
040036 Bucharest,Romania
T: +40-21-408 35 00

Nr. 49/16.10.2025

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: October 16^th, 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: J199100008282

The European Unique Identifier (EUID): ROONRCJ1991000008282

Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98Subscribed 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 October 16^th, 2025 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. three 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 September 1^st 30^th, 2025 in total amount of RON 21,862,851.
• Details on the new transactions concluded on October 16^th, 2025 by ALRO S.A. with the company VIMETCO MANAGEMENT ROMANIA S.R.L., in estimated amount of RON 32,835,445

Details have been enclosed to this Report, as follows:

• Annex 1 Reporting of transactions carried out during the period September 1^st 30^th, 2025;
• Annex 2 Reporting of contracts related to the transactions in Annex 1;
• Annex 3- Reporting of transactions concluded on October 16^th, 2025 and of mutual debts and receivables balances as of September 30^th, 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 Marian Daniel Nastase

ALRO S.A. CIF: RO1515374 J1991000008282

Chief Executive Officer Marin Cilianu

Slatina H.Q. 116 Pitesti Street 230048 Slatina, Romania T: +40-249-431.901

Bucharest Office 64 Splaiul Unirii 040036 Bucharest, Romania T: +40-21-408.35.00

Annex 1 - Reporting of transactions carried out during the period September 1 st – 30 th , 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	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Consultancy	1,073,000	1201/15.10.2024
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Gas	4,005,634	742/30.06.2025
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Energy	4,506,062	788/14.07.2025
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Reinvoicing expenses	33,850	no contract
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Strategic consultancy	26,448	1207/15.10.2024
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Strategic consultancy	15,869	1208/15.10.2024
							Total	9,660,863

Sales

Year	Month	Name	Nature of relationship	VIMETCO MANAGEMENT ROMANIA SRL	Nature of relationship	Nature of transaction	Object of transaction	Amount (RON)	N.R.U. number/ Date of contract
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Sales	Gas distribution	25,500	744/30.06.2025
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Sales	Energy	12,175,488	743/30.06.2025
2025	9	ALRO SA	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Sales	Reinvoicing services	1,000	no contract

Total 12,201,988

Slatina H.Q. 116 Pitesti Street 230048 Slatina, Romania T: +40-249-431.901

Bucharest Office 64 Splaiul Unirii 040036 Bucharest, Romania T: +40-21-408.35.00

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	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	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

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	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

Slatina H.Q. 116 Pitesti Street 230048 Slatina, Romania T: +40-249-431.901

Bucharest Office 64 Splaiul Unirii 040036 Bucharest, Romania T: +40-21-408.35.00

Annex 3 - Reporting of transactions concluded on October 16 th , 2025 and of mutual debts and receivables balances as of September 30 th , 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	Duration of the legal document	Total value of the legal document (RON)*	Mutual receivables and debts (RON)	Guarantees	Penalties	Payment terms and conditions
1.	ALRO S.A. (Consumer) VIMETCO MANAGEMENT ROMANIA S.R.L. (Provider)	Issuer Affiliated	1091/16.10.2025 Addendum no. 2 of the Gas suply contract no. 30/18.03.2025	Extention of contract until 01.10.2026 and setting up the estimated gas quantities and contract price	01.10.2025 - 01.10.2026 07:00 hour	32,630,751	Receivables ALRO S.A. 31,296,081 Debts ALRO S.A. 19,609,965	-	0.05% for each day of delay	5 calendar days from the date of receipt for the advance invoice 5 working days from the issuance date for the regularization invoice
2.	ALRO S.A. (Operator) VIMETCO MANAGEMENT ROMANIA S.R.L. (User)	Issuer Affiliated	1092/16.10.2025 Addendum no. 3 of the gas distribution contract no. 317/30.09.2024	Establishing the validity of the contract as indefinite; the consumption places and the estimated quantities to be distributed during october-december 2025	undeterminable	204,694	Receivables ALRO S.A. 31,296,081 Debts ALRO S.A. 19,609,965	-	-	15 calendar days from invoice date
3.	ALRO S.A. (Final client/Distribution operator) VIMETCO MANAGEMENT ROMANIA S.R.L. (Main supplier)	Issuer Affiliated	1093/16.10.2025 Multiparty convention from 26.09.2025	The main supplier assumes the responsability of balancing the entire gas quantity consumed on the wholesale market	01.10.2025 - 01.10.2026 07:00 hour	-	Receivables ALRO S.A. 31,296,081 Debts ALRO S.A. 19,609,965	-	-	-