Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & ALUM S.A.)

Mon, 01/15/2024 - 17:21

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. carried out during the period September 1st – December 31st, 2023, with the company ALUM S.A. Tulcea (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that, 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, as follows:

  • Transactions of ALRO S.A. with ALUM S.A. Tulcea, carried out during the period September 1st – December 31st, 2023, in total amount of RON 65,411,664.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of transactions carried out during the period September 1st – December 31st, 2023;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1;
  • Annex 3 - Reporting of mutual debts and receivables balances as of December 31st, 2023.

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

 

Marian-Daniel NĂSTASE Gheorghe DOBRA
Chairman of the Board of Directors Chief Executive Officer

Annex 1 - Reporting of transactions carried out during the period September 1st – December 31st, 2023
20.09.2024
Annex 2 - Reporting of the contracts related to the transactions included in the Annex 1_33
20.09.2024
Annex 3 - Reporting of mutual debts and receivables balances as of December 31st, 2023
20.09.2024