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Alro S.A.

Related Party Transaction Jun 28, 2023

2283_rns_2023-06-28_41da13f8-6d34-4e4d-8065-9943483a97fe.pdf

Related Party Transaction

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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: June 28th , 2023 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 (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

Please be informed by the present Current Report, that ALRO S.A. concluded on the date of June 28 th, 2023 with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority), one new transaction 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 for the year of 2022, amounting to RON 70,644,348.

Details regarding the transaction concluded on of June 28th, 2023 by ALRO S.A., as Provider with VIMETCO EXTRUSION S.R.L., as Beneficiary, containing information on the transaction date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.

The Company management declares that the management has assessed the reported transactions as being economically correct and justified.

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

Annex 1 - Reporting of the transaction concluded on June 28th, 2023 and of mutual debts and receivables balances as of May 31 st , 2023

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
Total value
of the legal
document
(RON)*
Mutual
receivables and
debts
(RON)
Created
securities
Payment terms and
conditions
1. ALRO S.A.
VIMETCO
EXTRUSION
S.R.L.
Issuer
Subsidiary
P06272-
140 /28.06.2023
Addendum no. 2
for the
Sale-Purchase contract no.
I 3515/2023
The increase of the sold
quantity with 550 Mt +/-
10%
of aluminum billets, type
6060i, 6063, 6005, 6082F for
Q2 2023
7,755,000 Receivables
ALRO S.A.
51,322,078
Debts ALRO S.A.
1,348,438
- 30 days from the
invoice date

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