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

Fri, 08/12/2022 - 18:00

Significant event to be reported:Reporting of transactions with related parties according to art. 108paragraph 3 and paragraph 12 of Law no. 24/2017 - Republished

Please be informed by the present Current Report, that ALUM S.A., subsidiary of ALRO S.A., concluded with the company CONEF GAZ S.R.L., related party of ALRO Group, on the date of August 12th, 2022, one new transaction based on a purchase contract and carried out in the period May 1st, 2022 – July 31st, 2022, the following transactions that, cumulatively exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements for the first 6 months of 2022, in amount of RON 53,695,300, as follows:

• Transactions of ALUM S.A., subsidiary of ALRO S.A., with CONEF GAZ S.R.L., company which is under common control of ALRO Group, carried out in the period May 1st, 2022 – July 31st, 2022, in total amount of RON 68,145,907.
• Details regarding the transaction concluded on August 12th, 2022 by ALUM S.A., subsidiary of ALRO S.A., as Buyer, with the Company CONEF GAZ S.R.L., related party of ALRO Group, as Seller, containing information on the transactions date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 3 hereto.

Details have been enclosed to this Report, as follows:

·        Annex 1 - Reporting of transactions carried out during the period May 1st, 2022 – July 31st, 2022;

·        Annex 2 - Reporting of contracts related to the transactions in Annex 1;

·        Annex 3 - Reporting of the transaction concluded on August 12th, 2022 and of mutual debts and receivables (balances) as of July 31st, 2022.