Alro S.A.

Related Party Transaction • Mar 15, 2024

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: March 15 th , 2024 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 March 15 th , 2024 with the company ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), four new transactions whose value cumulated 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 related to the first 6 months of 2023, amounting to RON 63,083,755.

Details regarding the transactions concluded on March 15 th , 2024 by ALRO S.A. with the company ALUM S.A. Tulcea, 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 transactions concluded on March 15 th, 2024 and of mutual debts and receivables balances as of February 29th , 2024

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, Stipulated penalties	Payment terms and conditions
1.	ALRO S.A. (Client) ALUM S.A. (Agent)	Issuer Subsidiary	395/15.03.2024 Non-exclusive agency agreement	Intermediation by the Agent for the benefit of the Client of the procurement of calcined alumina, for the period 01.03.2024 – 31.12.2024; the contract can be automatically extended by successive periods of 12 months	10,443,888*	Receivables ALRO S.A. 65,307,685 Debts ALRO S.A. 148,190	-	5 days from the invoice date
2.	ALRO S.A. (Buyer) ALUM S.A. (Seller)	Issuer Subsidiary	394/15.03.2024 Addendum no.6 to the sale-purchase contracts no.4600013044/2016, 4600013045/2016, 4600013046/2016	The contracts no. 4600013044/27.12.2016, 4600013045/27.12.2016, 4600013046/27.12.2016, will be st of March 2024 suspended started with 1	-	Receivables ALRO S.A. 65,307,685 Debts ALRO S.A. 148,190	-	-
3.	ALRO S.A. (New Party) ALUM S.A. (Original Party)	Issuer Subsidiary	397/15.03.2024 Deed of novation	Amendment of the calcined alumina purchase contract no. 161.23.16185- S_4600020512, contract concluded between ALUM SA (Buyer) and GLENCORE INTERNATIONAL AG – Elvetia (Seller); starting 01.03.2024 ALRO SA takes over the rights and obligations of ALUM SA, becoming contractual party, as Buyer	-	Receivables ALRO S.A. 65,307,685 Debts ALRO S.A. 148,190	-	-
4.	ALRO S.A. (New Party) ALUM S.A. (Original Party)	Issuer Subsidiary	398/15.03.2024 Deed of novation	Amendment of the calcined alumina purchase contract no. 161.23.17281- S_4600020716, contract concluded between ALUM SA (Buyer) and GLENCORE INTERNATIONAL AG – Elvetia (Seller); starting 01.03.2024 ALRO SA takes over the rights and obligations of ALUM SA, becoming contractual party, as Buyer	-	Receivables ALRO S.A. 65,307,685 Debts ALRO S.A. 148,190	-	-

*this value was estimated for the period 01 March – 31 December 2024