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

Fr 11/15/2024 6:54PM

Significant event to be reported: Reporting of transactions with related parties according to art. 108paragraph 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 – October 31st, 2024 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 first 6 months of 2024, amounting to RON 43,365,613, as follows:

• Transactions of ALRO S.A. with VIMETCO EXTRUSION S.R.L. carried out during the period September 1st – October 31st, 2024 in total amount of RON 67,893,948.

Details have been enclosed to this Report, as follows:

• Annex 1 - Reporting of transactions carried out during the period September 1st – October 31st, 2024; 
• Annex 2 - Reporting of contracts related to the transactions in Annex 1;
• Annex 3 - Reporting of mutual debts and receivables balances as of October 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                                                                                                                   Marin Cilianu