Alro S.A.

Report Publication Announcement • Oct 21, 2025

No. 50/21.10.2025

To: Financial Supervisory Authority Bucharest Stock Exchange

Current report in compliance with the stipulations of the Law no. 24/2017 (republished) and of the FSA Regulation no. 5/2018 (subsequently amended and updated) regarding the Issuers of financial instruments and market operations

Date of report: 21 October 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): ROONRC.J1991000008282

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)

We hereby inform all persons who may be interested about the following important event to be reported:

ALRO Group publishes its Trading Update Q3 2025

Slatina, 21 October 2025 – ALRO S.A. (BSE: ALR, "the Company" or "ALRO"), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, publishes today the Trading Update Q3 2025, which provides preliminary basic information on the economic environment and key operational indicators of ALRO Group for the quarter ended 30 September, 2025 ("Q3 2025").

The Quarterly Report for the third quarter 2025 i.e. 1 January - 30 September 2025 ("Quarter III 2025") will be published on Thursday, 13 November 2025, and the Company's representatives will hold the Financial Results Conference Call on Friday, 14 November 2025. The information contained in this Trading Update may be subject to change and may differ from the figures in the quarterly/halfyearly/annual report.

The Trading Update Q3 2025 is available in a separate document on the Company's website, Investor Relations category, Financial reporting section:https://www.alro.ro/en/investor-relations/reports

Marian-Daniel NĂSTASE Marin CILIANU

Chairman of the Board of Directors Chief Executive Officer

ALRO S.A. 116 Pitesti Street Phone: +(40) 249 431 901 alro@alro.ro Slatina, Romania Fax: +(40) 249 437 500 www.alro.ro

For further information, please contact:

Florenta Ghita

Bucuresti

Phone: +40 744 644 004

E-mail: investor.relations@alro.ro

Notes to the Editor:

ALRO Group

The companies' part of ALRO Group are: ALRO S.A. – manufacturer of aluminium, ALUM S.A. – producer of alumina, Vimetco Extrusion S.R.L. – extrusion business line, Conef S.A. – holding and management company, Vimetco Trading – aluminium sales, Stocare Energie Slatina S.A. – electricity production, CCGT- Power Isalnitaassociate and Stocare Energie Tulcea (SET Tulcea S.A.) - associate.

ALRO

ALRO is a subsidiary of Vimetco PLC (Republic of Cyprus), a global, vertically-integrated primary and processed aluminium producer. The structure of ALRO shareholders is: Vimetco PLC (54.19%), Paval Holding (23.21%), Fondul Proprietatea (10.21%) and others (12.39%). In accordance with legal, European and national provisions, the beneficial owner of Vimetco PLC funds, the majority shareholder, is a natural person from Israel, of Israeli nationality, initially registered with the Trade Register with Declaration No. 28078 of 22.10.2020, entered in the register of beneficial owners on 22.10.2020, and current with Declaration No. 920 of 18.01.2023, entered in the register of beneficial owners on 18.01.2023.

ALRO is one of the largest vertically integrated aluminium producers in Europe, by production capacity, with a production capacity of 265,000 tpa of electrolytic aluminium, an Eco-Recycling capacity 100,000 tpa, resulting in a production of recycled liquid aluminium of 94,000 tpa. The capacity of the Aluminium Cast House is 313,000 tpa and the processing capacity is 140,000 tpa of cold and hot rolled facilities and extrusion division.

The main market for ALRO products is represented by the European Union; the Company exports its products to the USA and to the Asia as well. ALRO is ISO 9001 certified for quality management and has NADCAP and EN 9100 certificates for aerospace production organizations, ALRO products adhere to the quality standards for primary aluminium on the LME, as well as international standards for flat rolled products.

Since 2020, ALRO and Vimetco Extrusion have been members of ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector. In 2023, ALRO and Vimetco Extrusion achieved the certification under ASI's Third version of Performance Standards.

ALRO GROUP Q3/2025 Trading Update

21 October 2025

This Trading Update provides basic preparatory information on the economic environment of ALRO Group's key performance indicators for the quarter that ended on 30 September 2025 ("Q3 2025").

The Quarterly Report for the third quarter 2025 i.e. 1 January - 30 September 2025 ("Quarter III 2025") will be published on Thursday, 13 November 2025, and the Company's representatives will hold the Financial Results Conference Call on Friday, 14 November 2025.

The information contained in this trading update may be subject to change and may differ from the numbers of the quarterly/ half-year/ annual report.

Economic Environment Indicators

Indicator		Q3/24	Q4/24	Q1/25	Q2/25	Q3/25
Average LME 3M	USD/tonne	2,421	2,603	2,626	2,462	2,617
Exchange rate used (average) Exchange rate used (end of period) EUA forward price (average) EUA spot price (average)	RON/USD RON/USD EUR EUR	4.5295 4.4451 - 67.41	4.6596 4.7768 89.33 65.87	4.7264 4.6005 - 73.55	4.4385 4.3329 - 68.87	4.3395 4.3247 - 72.39

^* EUA = European Union Allowance and means a transferable allowance to emit one tonne of CO ² equivalent during a specified period.

EUA forward price means the simple average of the daily one-year forward EUA prices (closing offer prices) for delivery in December of the year for which the compensation is granted, as observed in a given EU carbon exchange from 1 January to 31 December of the year preceding the year for which the compensation is granted. The price quoted in Q4 is the one taken into consideration for calculating the indirect emissions compensation for the respective reporting year.

Sources: Bloomberg, Reuters, Platts, NBR

Other information

Production & Sales

Production		Q3/24	Q4/24	Q1/25	Q2/25	Q3/25
Liquid aluminium	tonnes	24,285	25,413	26,725	28,220	26,441
Electrolytic aluminium	tonnes	17,475	17,297	16,874	18,159	18,949
Primary aluminium	tonnes	62,600	63,608	64,800	67,804	65,164
Wire rod	tonnes	17,470	19,244	18,258	20,184	19,737
Billets	tonnes	8,318	6,555	7,416	8,314	6,765
Slabs	tonnes	33,700	34,871	36,213	36,131	35,787
Billets (processing)*	tonnes	3,112	2,938	2,913	3,175	2,875
Processed aluminium:	tonnes	29,829	28,885	33,383	34,484	33,785
- Flat-Rolled Products (FRP)	tonnes	21,462	21,345	24,401	25,142	24,650
Plates	tonnes	14,067	14,857	17,237	18,203	16,896
Sheets	tonnes	4,098	3,745	4,049	3,960	4,448
Coils	tonnes	3,297	2,743	3,115	2,979	3,306
- Extruded Products (VE)	tonnes	8,367	7,540	8,982	9,342	9,135
Standard profiles	tonnes	4,312	3,768	5,355	5,249	5,379
Customised profiles	tonnes	4,055	3,772	3,627	4,093	3,756

Sales (to 3rd parties)		Q3/24	Q4/24	Q1/25	Q2/25	Q3/25
Primary aluminium	tonnes	18,757	19,505	20,707	21,549	21,261
Wire rod	tonnes	17,386	18,370	19,238	19,918	20,060
Billets	tonnes	455	379	737	602	444
Billets (processing)*	tonnes	916	756	732	1,029	757
Processed aluminium	tonnes	28,842	28,397	33,597	33,795	31,692
- Flat-Rolled Products (FRP)	tonnes	20,751	21,732	24,664	24,494	23,653
Plates	tonnes	14,112	15,071	17,381	18,135	16,812
Sheets	tonnes	3,675	3,934	3,954	3,567	3,941
Coils	tonnes	2,964	2,727	3,329	2,792	2,900
- Extruded Products (VE)	tonnes	8,091	6,665	8,933	9,301	8,039
Standard profiles	tonnes	4,245	3,475	5,507	5,776	4,790
Customised profiles	tonnes	3,846	3,190	3,426	3,525	3,249
Alumina	tonnes	1,548	635	140	512	396

^*ALRO Group entered into tolling contracts with a few clients and agreed to process the metal brought in by these clients by charging a smelting and processing fee and rendering them back a specifically ordered product.

Contact Details

For further information, please contact:

Florenta Ghita, Bucharest Tel.: +40 744 644 004

E-Mail: investor.relations@alro.ro

Disclaimer regarding forward looking statements

This report may contain forward-looking information, including, without limitation, those relating to (a) forecasts, projections, and estimates, (b) statements of management's plans, objectives, and strategies for ALRO Group/ ALRO, such as planned expansions, investments or other projects, (c) targeted production volumes and costs, capacities or rates, start-up costs, cost reductions, and profit objectives, (d) different expectations about future developments in ALRO Group's/ ALRO's markets, particularly prices, supply and demand and competition, (e) results of operations, (f) margins, (g) growth rates, (h) risk management, as well as (i) statements preceded by "expected", "scheduled", "targeted", "planned", "proposed", "intended" or similar statements. Although we believe that the expectations reflected in such forward-looking statements are reasonable, these forward-looking statements are based on several assumptions and forecasts that, by their nature, involve risk and uncertainty. Various factors could cause our actual results to differ materially from those projected in a forward-looking statement or affect the extent to which a particular projection is realized. We can give no assurance that such expectations will prove to have been correct.

ALRO Group/ ALRO disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.