ALRO publishes its 2023 Consolidated Sustainability Report

Slatina, June 28, 2024 – ALRO S.A. (BSE: ALR, “the Company” or “ALRO”), one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, today publishes the Consolidated Sustainability Report for the year 2023, highlighting the Group's contributions in various areas, including environmental protection, education, health and development of local communities.

“ALRO builds its medium and long-term strategy with the goal of becoming Green Factory, Factory of the Future, Innovative and Sustainable”, said Marian Nastase, Chairman of the Board of Directors at ALRO. “This objective is carried out on several levels and encompasses, in fact, our entire activity, in all its aspects. Therefore, we focus on protecting the environment through responsible waste management, programs to reduce water, electricity and natural gas consumption, as well as programs to reduce emissions, in accordance with the requirements in force. We invest in state-of-the-art technology that helps us not only expand our range of products and services offered to customers, but also to increase operational efficiency, with a positive impact on the environment and workplace safety”, added Marian Nastase.

Complying with the requirements imposed by EU and by the national legislation, in accordance with the best available techniques (BAT), ALRO Group made significant progress in several key areas in the year 2023:

• Reduction of greenhouse gas emissions(GHG): significant reduction of total GHG emissions in 2023, compared to the previous year;

• Responsible waste management: the percentage of recovered, recycled and recirculated waste reached 95.55%;

• Water recycling: The Group's actions are aimed at achieving a level of industrial water recycling of over 80%.

• Community support: ALRO Group has supported various community initiatives through valuable contributions, covering areas such as education, health, community welfare and youth development, as well as environmental protection. In 2023, the total contribution amounts at 9,391,038 RON.

“ALRO has gone through essential transformations since the beginning of its activity until now. If at the beginning it produced about 8,000 tons of aluminium, with an emphasis on ingots, now we have an annual production capacity of electrolytic aluminium of 265,000 tons and a diversified portfolio of products intended for elite markets”, said Gheorghe Dobra, ALRO Chief Executive Officer. “All this transformation had an essential component – energy efficiency and environmental protection. This is how the Eco-Recycling section was born in 2013, the aluminium waste recycling facility that has been continuously developing. Last year, for example, we inaugurated an 11 million dollars investment here, which helped us increase the amount of recycled and remelted aluminium scrap to 100,000 tons per year. Specifically, we reintroduce aluminium into the production circuit with approximately 95% lower energy consumption compared to the primary technology, through electrolysis. This also means reducing the environmental impact of our production activities. ALRO continued its active role in the local community, in 2023 investing about two million dollars in programs for education, health, community welfare, youth development”,  added Gheorghe Dobra.

This report is available on the sustainability section of ALRO’s website: Sustainability Reports | Alro and has been prepared in accordance with the Romanian legislation regarding the non-financial reporting, Ministry of Public Finance (MPF) Orders No. 1938/ 2016 and No. 2844/2016 and in accordance with the Global Reporting Initiative (GRI) Core Option Standard and GRI G4 Mining and Metals Sector Supplement.

Marian-Daniel NĂSTASE                                                             Gheorghe DOBRA

Chairman of the Board of Directors                                           Chief Executive Officer

For further information, please contact:

www.alro.ro

Florența Ghiță

Bucharest

Phone: +40 744 644 004

Email: investor.relations@alro.ro

Notes to the Editors:

ALRO Group
The companies’ part of ALRO Group are: ALRO S.A. – manufacturer of aluminium, ALUM S.A. – producer of alumina, Vimetco Extrusion S.R.L. – extrusion business line, Conef S.A. – holding and management company, Vimetco Trading – aluminium sales and CCGT- PowerIsalnita- associate.

ALRO
ALRO is a subsidiary of Vimetco PLC (Republic of Cyprus), a global, vertically-integrated primary and processed aluminium producer. The structure of ALRO shareholders is: Vimetco PLC (54.19%), Paval Holding (23.21%), Fondul Proprietatea (10.21%) and others (12.39%).

ALRO is one of the largest vertically integrated aluminium producers in Europe, by production capacity, with a production capacity of 265,000 tpa of electrolytic aluminium, an Eco-Recycling capacity 100,000 tpa, resulting in a production of recycled liquid aluminium of 94,000 tpa. The capacity of the Aluminium Cast House is 315,000 tpa and the processing capacity is 140,000 tpa of cold and hot rolled facilities and extrusion division.

The main market for ALRO products is represented by the European Union; the Company exports its products to the USA and to the Asia as well. ALRO is ISO 9001 certified for quality management and has NADCAP and EN 9100 certificates for aerospace production organizations, ALRO products adhere to the quality standards for primary aluminium on the LME, as well as international standards for flat rolled products.

Since 2020, ALRO and Vimetco Extrusion have been members of ASI (Aluminium Stewardship Initiative), an international association that contributes to enhancing sustainability in the global aluminium sector. In 2023, ALRO and Vimetco Extrusion achieved the first certification in Europe under ASI’s Third version of Performance Standards.