Alro S.A. — Regulatory Filings 2021

Jan 20, 2021

(market symbol: ALR)

No: 3/ 20.01.2021

To: The Financial Supervisory Authority Bucharest Stock Exchange

Current report in compliance with article no. 92³ of Law no. 24/2017 on issuers of financial instruments and market operations and Law no. 158/2020 for the amendment, supplementation and repealing of certain normative acts, as well as for setting up measures for the implementation of Regulation (EU) 2017/2402 of the European Parliament and of the Council of 12 December 2017, establishing a general framework for securitization and creating a specific framework for a simple, transparent and standardized securitization and amending Directives 2009/65/EC, 2009/138/EC and 2011/61/EU, as well as Regulations (EC) no. 1060/2009 and (EU) no. 648/2012.

Date of report: January 20th , 2021 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: J28/8/1991 The European Unique Identifier (EUID): ROONRCJ28/8/1991 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

Significant event to be reported: Reporting of transactions with related parties according to art. 92³paragraph 3 and paragraph 13 of Law no. 24/2017 as amended and supplemented by Law no. 158/2020

Please be informed by the present Current Report, that ALRO S.A. carried out during December 2020, with the company ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that cumulatively exceed 5% of the Company's net assets as per ALRO S.A. 2019 Standalone Financial Statements, amounting to RON 37,077,541 as follows:

▪ Transactions of ALRO S.A. with ALUM S.A. Tulcea, carried out during December 2020, in total amount of RON 50,162,111.

Details have been enclosed to this Report, as follows:

• Annex 1 Reporting of transactions carried out during December 2020;
• Annex 2 Reporting of contracts related to the transactions in Annex 1;
• Annex 3 Reporting of mutual debts and receivables balances as of December 31st , 2020.

Chairman of the Board of Directors Chief Executive Officer Marian Daniel Nastase Gheorghe Dobra

Annex 1 - Reporting of transactions carried out during December 2020

Acquisitions

		Company		Related party
Year	Month	Name	Nature of	Name	Nature of	Nature of	Object of transaction	Amount	N.R.U. number/
			relationship		relationship	transaction		(RON)	Date of contract
2020	12	ALRO S.A.	Issuer	Alum S.A.	Subsidiary	Acquisitions	Alumina	46,555,679	250/ 06.03.2019
2020	12	ALRO S.A.	Issuer	Alum S.A.	Subsidiary	Acquisitions	Rent	4,293	526/ 13.05.2010
Total

46,559,972

Sales

		Company		Related party
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
2020	12	ALRO S.A.	Issuer	Alum S.A.	Subsidiary	Sales	Electricity	3,546,953	789/ 21.07.2020
2020	12	ALRO S.A.	Issuer	Alum S.A.	Subsidiary	Sales	Services	46,411	1294/ 07.09.2018
2020	12	ALRO S.A.	Issuer	Alum S.A.	Subsidiary	Sales	Goods reinvoicing	8,775	191/ 18.04.2011
Total

3,602,139

Annex 2 - Reporting of contracts related to the transactions included in Annex 1;

Acquisition contracts

Name	Nature of relationship	Name	Nature of relationship	Nature of relationship	Object of transaction	N.R.U. number/ Date of contract	Payment term
ALRO S.A.	Issuer	ALUM S.A.	Subsidiary	Acquisitions	Alumina	250/ 06.03.2019	30 days from delivery or payment in advance based on the seller's request and buyer's acceptance
ALRO S.A.	Issuer	ALUM S.A.	Subsidiary	Acquisitions	Rent	526/ 13.05.2010	60 days from the invoice issuing 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 S.A.	Issuer	ALUM S.A.	Subsidiary	Sales	Goods reinvoicing	191/ 18.04.2011	30 days from invoicing date
ALRO S.A.	Issuer	ALUM S.A.	Subsidiary	Sales	Services	1294/ 07.09.2018	30 days from the date of receiving the invoice
ALRO S.A.	Issuer	ALUM S.A.	Subsidiary	Sales	Electricity	789/ 21.07.2020	15 calendar days from the invoice issuing date

Annex 3 - Reporting of mutual debts and receivables balances as of December31st , 2020

	Company		Related party	Balance as of 31 December 2020 (RON)
Name Nature of relationship		Name	Nature of relationship	Receivables Liability
ALRO S.A.	Issuer	ALUM S.A.	Subsidiary	684,304	119,090,144