Alro S.A. — Earnings Release 2026

Apr 21, 2026

ALRO Future, essentially

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

Bucharest Office 64 Spitalul Unirii 048036 Bucharest, Romania T: +40-21-408.35.00

No. 15/21.04.2026

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 (including the subsequent amendments) regarding the issuers of financial instruments and market operations

Date of report: 21.04.2026 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:

Press Release

ALRO Group publishes the Trading Update for the first quarter of 2026

Slatina, 21 April 2026 – 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 Q1 2026, which provides preliminary basic information on the economic environment and key operational indicators of ALRO Group for the quarter ended March 31, 2026 (“Q1 2026”).

The Quarterly Report for the first quarter of 2026, respectively for the period January 1 - March 31, 2026, will be published on Friday, May 29, 2026, and the Company’s representatives will hold the Teleconference on the financial results on Wednesday, June 3, 2026.

The information contained in this Trading Update may be subject to change and may differ from the figures in the quarterly/half-yearly/annual report.

The Trading Update Q1 2026 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 Chairman of the Board of Directors

ALRO S.A. CIF: RO1515374 J1991000008282

www.alro.ro

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ALRO Future, essentially Slatina H.Q. 116 Piteš Street 230048 Slatina, Romania T: +40-249-431.901 Bucharest Office 64 Splaiul Unirii 040036 Bucharest, Romania T: +40-21-408.35.00

For further information, please contact: www.alro.ro

Ana-Maria Niță

Bucharest Phone: +40 751 120 206 Email: 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 Isalnita- associate 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 and an Eco-Recycling capacity of 112,000 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 first certification in Europe under ASI’s Third version of Performance Standards.

ALRO S.A. CIF: RO1515374 J1991000008282 www.alro.ro 2

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ALRO

ALRO GROUP Q1/2026 Trading Update

21 April 2026

This Trading Update provides basic preparatory information on the economic environment of ALRO Group's key performance indicators for the quarter that ended on 31 March 2026 ("Q1 2026").

The Quarterly Report for the first quarter of 2026 i.e. 1 January - 31 March 2026 ("Quarter I 2026") will be published on Friday, 29 May 2026, and the Company's representatives will hold the Financial Results Conference Call on Wednesday, 03 June 2026.

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	Q1/25	Q2/25	Q3/25	Q4/25	Q1/26
Average LME 3M	USD/tonne	2,626	2,462	2,617	2,845
Exchange rate used (average)	RON/USD	4.7264	4.4385	4.3395	4.3732
Exchange rate used (end of period)	RON/USD	4.6005	4.3329	4.3247	4.3417
EUA forward price* (average)	EUR	-	-	-	68.86
EUA spot price* (average)	EUR	73.55	68.87	72.39	81.03

• EUA = European Union Allowance and means a transferable allowance to emit one tonne of CO₂ 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		Q1/25	Q2/25	Q3/25	Q4/25	Q1/26
Recycled aluminium	tonnes	26,725	28,220	26,441	25,209	25,306
Electrolytic aluminium	tonnes	16,874	18,159	18,949	18,708	18,681
Primary aluminium	tonnes	64,800	67,804	65,164	64,521	68,398
Wire rod	tonnes	18,258	20,184	19,737	18,440	19,341
Billets	tonnes	7,416	8,314	6,765	4,598	6,594
Slabs	tonnes	36,213	36,131	35,787	39,202	40,039
Billets (processing)*	tonnes	2,913	3,175	2,875	2,281	2,424
Processed aluminium:	tonnes	33,383	34,484	33,785	31,755	33,428
- Flat-Rolled Products (FRP)	tonnes	24,401	25,142	24,650	24,860	25,172
Plates	tonnes	17,237	18,203	16,896	17,316	18,207
Sheets	tonnes	4,049	3,960	4,448	4,744	4,294
Coils	tonnes	3,115	2,979	3,306	2,800	2,671
- Extruded Products (VE)	tonnes	8,982	9,342	9,135	6,895	8,256
Standard profiles	tonnes	5,355	5,249	5,379	4,593	5,416
Customised profiles	tonnes	3,627	4,093	3,756	2,302	2,840

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Sales (to 3rd parties)		Q1/25	Q2/25	Q3/25	Q4/25	Q1/26
Primary aluminium	tonnes	20,707	21,549	21,261	17,913	20,386
Wire rod	tonnes	19,238	19,918	20,060	17,227	19,821
Billets	tonnes	737	602	444	495	220
Billets (processing)*	tonnes	732	1,029	757	191	345
Processed aluminium	tonnes	33,597	33,795	31,692	30,160	35,751
- Flat-Rolled Products (FRP)	tonnes	24,664	24,494	23,653	23,276	27,077
Plates	tonnes	17,381	18,135	16,812	15,478	19,114
Sheets	tonnes	3,954	3,567	3,941	5,143	4,834
Coils	tonnes	3,329	2,792	2,900	2,655	3,129
- Extruded Products (VE)	tonnes	8,933	9,301	8,039	6,884	8,674
Standard profiles	tonnes	5,507	5,776	4,790	4,679	5,600
Customised profiles	tonnes	3,426	3,525	3,249	2,205	3,074
Alumina	tonnes	140	512	396	519	1

*ALRO Group has tolling contracts with a few clients 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:

Ana Maria Nita, Bucharest

Tel.: +40 751 120 206

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.