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Alro S.A.
Related Party Transaction • Oct 16, 2025
2283_rns_2025-10-16_e02e8d9a-cdf1-4440-9178-3e3e747ebd14.pdf
Related Party Transaction
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Slatina H.Q.
116 Pitesti Street
230048 Slatina, Romania
T: +40-249-431 901
Bucharest Office
64 Splaiul Unirii
040036 Bucharest,Romania
T: +40-21-408 35 00
Nr. 49/16.10.2025
Current Report
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: October 16th, 2025 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: J199100008282
The European Unique Identifier (EUID): ROONRCJ1991000008282
Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98Subscribed 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, with subsequent amendments and additions
Please be informed by the present Current Report, that ALRO S.A. concluded on the date of October 16th, 2025 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. three new transactions, 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 related to the first 6 months of 2025, amounting to RON 45,772,278, as follows:
- Transactions of ALRO S.A. with VIMETCO MANAGEMENT ROMANIA S.R.L. carried out during the period September 1st 30th, 2025 in total amount of RON 21,862,851.
- Details on the new transactions concluded on October 16th, 2025 by ALRO S.A. with the company VIMETCO MANAGEMENT ROMANIA S.R.L., in estimated amount of RON 32,835,445
Details have been enclosed to this Report, as follows:
- Annex 1 Reporting of transactions carried out during the period September 1st 30th, 2025;
- Annex 2 Reporting of contracts related to the transactions in Annex 1;
- Annex 3- Reporting of transactions concluded on October 16th, 2025 and of mutual debts and receivables balances as of September 30th, 2025.
The Company management declares that the management has assessed the reported transactions as being economically correct and justified.
Chairman of the Board of Directors Marian Daniel Nastase
ALRO S.A. CIF: RO1515374 J1991000008282
Chief Executive Officer Marin Cilianu
Slatina H.Q. 116 Pitesti Street 230048 Slatina, Romania T: +40-249-431.901
Bucharest Office 64 Splaiul Unirii 040036 Bucharest, Romania T: +40-21-408.35.00
Annex 1 - Reporting of transactions carried out during the period September 1 st – 30 th , 2025
Acquisitions
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1,073,000 | 1201/15.10.2024 |
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 4,005,634 | 742/30.06.2025 |
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 4,506,062 | 788/14.07.2025 |
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Reinvoicing expenses | 33,850 | no contract |
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 26,448 | 1207/15.10.2024 |
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 15,869 | 1208/15.10.2024 |
| Total | 9,660,863 |
Sales
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 25,500 | 744/30.06.2025 |
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Energy | 12,175,488 | 743/30.06.2025 |
| 2025 | 9 | ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Reinvoicing services | 1,000 | no contract |
Total 12,201,988
Slatina H.Q. 116 Pitesti Street 230048 Slatina, Romania T: +40-249-431.901
Bucharest Office 64 Splaiul Unirii 040036 Bucharest, Romania T: +40-21-408.35.00
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 SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Consultancy | 1201/15.10.2024 | Maximum 5 days from the beginning of each month |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Gas | 742/30.06.2025 | 3 calendar days from the date of receipt for the advance invoice 5 working days from the issuance date for the regularization invoice |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Energy | 788/14.07.2025 | 3 days from the receipt invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 1207/15.10.2024 | 3 days from the receipt invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Acquisitions | Strategic consultancy | 1208/15.10.2024 | 45 days from the 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 SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Gas distribution | 744/30.06.2025 | 15 calendar days from invoice date |
| ALRO SA | Issuer | VIMETCO MANAGEMENT ROMANIA SRL | Affiliated | Sales | Energy | 743/30.06.2025 | on the 15th of the month following the delivery month |
Slatina H.Q. 116 Pitesti Street 230048 Slatina, Romania T: +40-249-431.901
Bucharest Office 64 Splaiul Unirii 040036 Bucharest, Romania T: +40-21-408.35.00
Annex 3 - Reporting of transactions concluded on October 16 th , 2025 and of mutual debts and receivables balances as of September 30 th , 2025
| 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 |
Duration of the legal document |
Total value of the legal document (RON)* |
Mutual receivables and debts (RON) |
Guarantees | Penalties | Payment terms and conditions |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ALRO S.A. (Consumer) VIMETCO MANAGEMENT ROMANIA S.R.L. (Provider) |
Issuer Affiliated |
1091/16.10.2025 Addendum no. 2 of the Gas suply contract no. 30/18.03.2025 |
Extention of contract until 01.10.2026 and setting up the estimated gas quantities and contract price |
01.10.2025 - 01.10.2026 07:00 hour |
32,630,751 | Receivables ALRO S.A. 31,296,081 Debts ALRO S.A. 19,609,965 |
- | 0.05% for each day of delay |
5 calendar days from the date of receipt for the advance invoice 5 working days from the issuance date for the regularization invoice |
| 2. | ALRO S.A. (Operator) VIMETCO MANAGEMENT ROMANIA S.R.L. (User) |
Issuer Affiliated |
1092/16.10.2025 Addendum no. 3 of the gas distribution contract no. 317/30.09.2024 |
Establishing the validity of the contract as indefinite; the consumption places and the estimated quantities to be distributed during october-december 2025 |
undeterminable | 204,694 | Receivables ALRO S.A. 31,296,081 Debts ALRO S.A. 19,609,965 |
- | - | 15 calendar days from invoice date |
| 3. | ALRO S.A. (Final client/Distribution operator) VIMETCO MANAGEMENT ROMANIA S.R.L. (Main supplier) |
Issuer Affiliated |
1093/16.10.2025 Multiparty convention from 26.09.2025 |
The main supplier assumes the responsability of balancing the entire gas quantity consumed on the wholesale market |
01.10.2025 - 01.10.2026 07:00 hour |
- | Receivables ALRO S.A. 31,296,081 Debts ALRO S.A. 19,609,965 |
- | - | - |
