Report according art. 108 Law 24/2017 (R)

No. 49/25.05.2023

To: The Financial Supervisory Authority                                                                                                                

       Bucharest Stock Exchange

Current report in compliance with article no. 108 of Law no. 24/2017 on issuers of financial instruments and market operations - Republished

Date of report: May 25^th, 2023

Name of issuer: ALRO S.A.

Headquarters: Slatina, 116 Pitesti Street, Olt County

Telephone/ fax number: +40 249 431 901 / +40 249 437 500

Sole registration number at the Trade Register Office: RO 1515374

Trade Register Number: J28/8/1991

The European Unique Identifier (EUID): ROONRCJ28/8/1991

Legal Entity Identifier (LEI): 5493008G6W6SORM2JG98

Subscribed and paid-in share capital: 356,889,567.5 RON

Regulated market on which the issued shares are traded: Bucharest Stock Exchange – Premium Category (market symbol: ALR)

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. concluded on the date of May 25^th, 2023 with the company CONEF GAZ SRL, company under joint control, one new transaction, whose value cumulated with the other transactions concluded/ carried out within the last 12 months, cumulatively exceeds 5% of the Company’s net assets, as per ALRO S.A. Standalone Financial Statements for the year of 2022, in amount of RON 70,644,348. 

Details regarding the transaction concluded on May 25^th, 2023 by ALRO S.A., as Buyer with the company CONEF GAZ SRL, as Seller, containing information on the transaction, date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto. 

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

Annex 1 – Reporting of the transaction concluded on May 25^th, 2023 and of mutual debts and receivables (balances) as of April 30^th, 2023

*The amount of RON 1,500,000 including VAT, respectively RON 1,260,504 without VAT, represents the partially value of gas purchase invoices, according to the contract no 114/2010, related to the period of April 1^st – 30^st, 2023,