Alro S.A.

Related Party Transaction • Apr 29, 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: April 29th , 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 April 29th , 2024 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. 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 2023, amounting to RON 43,468,272.

• Transactions of ALRO S.A. with VIMETCO MANAGEMENT ROMANIA S.R.L., carried out during the period March 1 st –31st, 2024 in total amount of RON 11,537,368.
• Details on the transactions concluded on April 29th , 2024 by ALRO S.A. with the company VIMETCO MANAGEMENT ROMANIA S.R.L., in estimated amount of RON 200,715,044.

Details have been enclosed to this Report, as follows:

• Annex 1 Reporting of transactions carried out during the period March 1 st – 31st , 2024;
• Annex 2 Reporting of contracts related to the transactions in Annex 1;
• Annex 3- Reporting of transaction concluded on April 29th, 2024 and of mutual debts and receivables balances as of March 31st, 2024.

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 transactions carried out during the period March 1 st – 31st, 2024

Acquisitions

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
2024	3	ALRO S.A	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Consultancy	1,073,000	1226/15.11.2023
2024	3	ALRO S.A	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Gas	2,185,074	1312/15.12.2023
2024	3	ALRO S.A	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Energy	7,771,297	249/15.02.2024
2024	3	ALRO S.A	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Energy	475,162	59/15.01.2024
2024	3	ALRO S.A	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Reinvoicing expenses	16,467	no contract
							Total	11,521,000

Sales

Company Related party Year Month Name Nature of relationship VIMETCO MANAGEMENT ROMANIA SRL Nature of relationship Nature of transaction Object of transaction Amount (RON) N.R.U. number/ Date of contract 2024 3 ALRO S.A. Issuer VIMETCO MANAGEMENT ROMANIA SRL Affiliated Sales Gas distribution 16,368 58/15.01.2024

Total 16,368

Alro S.A. 116 Pitești Street Phone: +(40) 0249 431 901 alro@alro.ro Slatina, Romania Fax: +(40) 0249 437 500 www.alro.ro

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

Acquisition 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	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Consultancy	1226/15.11.2023	Maximum 5 days from the beginning of each month
ALRO S.A.	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Gas	1312/15.12.2023	Advance invoice will be paid in 5 working days from the invoice date th of the Regularization invoice will be paid on 25 month following the delivery month
ALRO S.A.	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Energy	59/15.01.2024	3 days from the receipt invoice date
ALRO S.A.	Issuer	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Acquisitions	Energy	249/15.02.2024	3 days from the receipt invoice 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	VIMETCO MANAGEMENT ROMANIA SRL	Affiliated	Sales	Gas distribution	58/15.01.2024	5 days from the invoice date

Annex 3 - Reporting of transactions concluded on April 29th , 2024 and of mutual debts and receivables balances as of March 31st, 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)	Penalties	Payment terms and conditions
1.	ALRO S.A. (Buyer/Consumer) VIMETCO MANAGEMENT ROMANIA S.R.L. (Seller/Provider)	Issuer Affiliated	573/29.04.2024 Addendum no. 7 of the electricity supply contract no. 47/09.11.2023	The decrease in electricity quantity that will be supplied in the period 01.05.2024 – 31.05.2024	200,715,044*	Receivables ALRO S.A. 2,006,400 Debts ALRO S.A. 13,292,537	0.02% for each day of delay	3 days from delivery date

*this value was included in Current Report no. 21 from March 29 th, 2024