Alro S.A.

Related Party Transaction • Aug 12, 2022

No. 65/12.08.2022

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: August 12 th, 2022 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 Category (market symbol: ALR)

Significant event to be reported: Reporting of transactions with related parties according to art. 108 paragraph 3 and paragraph 12 of Law no. 24/2017 - Republished

Please be informed by the present Current Report, that ALUM S.A., subsidiary of ALRO S.A., concluded with the company CONEF GAZ S.R.L., related party of ALRO Group, on the date of August 12 th , 2022, one new transaction based on a purchase contract and carried out in the period May 1 st , 2022 – July 31 st , 2022, the following transactions that, cumulatively exceed 5% of the Company's net assets as per ALRO S.A. Standalone Financial Statements for the first 6 months of 2022, in amount of RON 53,695,300, as follows:

• Transactions of ALUM S.A., subsidiary of ALRO S.A., with CONEF GAZ S.R.L., company which is under common control of ALRO Group, carried out in the period May 1st, 2022 – July 31st, 2022, in total amount of RON 68,145,907.
• Details regarding the transaction concluded on August 12 th , 2022 by ALUM S.A., subsidiary of ALRO S.A., as Buyer, with the Company CONEF GAZ S.R.L., related party of ALRO Group, as Seller, containing information on the transactions date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 3 hereto.

Details have been enclosed to this Report, as follows:

• Annex 1 Reporting of transactions carried out during the period May 1st , 2022 – July 31st, 2022;
• Annex 2 Reporting of contracts related to the transactions in Annex 1;
• Annex 3 Reporting of the transaction concluded on August 12 th , 2022 and of mutual debts and receivables (balances) as of July 31 st, 2022.

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

Annex 1 - Reporting of transactions carried out in the period May 1st, 2022 – July 31st, 2022

Acquisitions

Year	Months	Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	Amount (RON)	N.R.U. number/ Date of contract
2022	5	ALUM S.A.	Subsidiary	CONEF GAZ S.R.L.	Company under common control	Acquisitions	Gas	22,771,597	99/29.04.2022
2022	6	ALUM S.A.	Subsidiary	CONEF GAZ S.R.L.	Company under common control	Acquisitions	Gas	22,504,108	105/19.05.2022
2022	7	ALUM S.A.	Subsidiary	CONEF GAZ S.R.L.	Company under common control	Acquisitions	Gas	22,870,201	123/30.06.2022
								68,145,907

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

Acquisitions

Name	Nature of relationship	Name	Nature of relationship	Nature of transaction	Object of transaction	N.R.U. number/ Date of contract	Payment term
ALUM S.A.	Subsidiary	CONEF GAZ S.R.L.	Company under common control	Acquisitions	Gas	99/29.04.2022	For the advance invoice: 50% of the invoice value on the 25th day of the month before the delivery month and the remaining payment (difference) on the th day of the delivery month; 5 For the settling invoice: up to 25th day of the month following the consumption month.
ALUM S.A.	Subsidiary	CONEF GAZ S.R.L.	Company under common control	Acquisitions	Gas	105/19.05.2022	For the advance invoice: 50% of the invoice value on the 25th day of the month before the delivery month and the remaining payment (difference) on the th day of the delivery month; 5 For the settling invoice: up to 25th day of the month following the consumption month.
ALUM S.A.	Subsidiary	CONEF GAZ S.R.L.	Company under common control	Acquisitions	Gas	123/30.06.2022	For the advance invoice: 50% of the invoice value on the 25th day of the month before the delivery month and the remaining payment (difference) on the th day of the delivery month; 5 For the settling invoice: up to 25th day of the month following the consumption month.

Annex 3 – Reporting of the transactions concluded on August 12 th , 2022 and of mutual debts and receivables (balances) as of July 31 st , 2022

Nr.	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 debts (RON)	Created securities	Stipulated damages	Payment terms and conditions
1.	ALUM S.A.	Subsidiary	149/12.08.2022 Addendum no. 34 to the natural gas sales contract no. 118/2010	Setting up the gas delivery schedule and the cost of capacity reservation for the period August 1st, 2022 – October 1st, 2022.	619,565*	Receivable ALUM - Debts Alum 13,249,981.48	-	For the daily quantities taken under the assigned quantities, the seller will charge penalties for that imbalance.	For the advance invoice: 50% of the invoice value on the 25th day of the month before the delivery month and the remaining payment (difference) on the 5th
	Conef Gaz S.R.L.	Company under common control							day of the delivery month; For the settling invoice: up to 25th day of the month following the consumption month.

* this estimated value was included in the Current Report no. 76, on the date of October 15th , 2021