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

Fri, 05/13/2022 - 18:38

Please be informed by the present Current Report, that ALRO S.A. carried out, during the period March 1st, 2022 – April 30th, 2022, with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority), the following transactions that exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements related to the year 2021, in amount of RON 53,659,613, as follows:

• Transactions of ALRO S.A. with VIMETCO EXTRUSION S.R.L., carried out during the period March 1st, 2022 – April 30th, 2022, in total amount of RON 60,623,910.

Details have been enclosed to this Report, as follows:

• Annex 1 - Reporting of transactions carried out during the period March 1st, 2022 – April 30th, 2022;
• Annex 2 - Reporting of contracts related to the transactions in Annex 1;
• Annex 3 - Reporting of mutual debts and receivables balances as of April 30th, 2022.

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