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, with subsequent amendments and additions
Please be informed by the present Current Report that ALRO S.A. carried out during the period October 1st - December 31st, 2025 with the company VIMETCO MANAGEMENT ROMANIA S.R.L. 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 2025, amounting to RON 45,772,278, as follows:
- Transactions of ALRO S.A. with VIMETCO MANAGEMENT ROMANIA S.R.L., carried out during the period October 1st - December 31st, 2025 in total amount of RON 67,575,852.
Details have been enclosed to this Report, as follows:
- Annex 1 - Reporting of transactions carried out during the period October 1st - December 31st, 2025;
- 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, 2025.
ALRO S.A. is in process of developing and approving the Internal Procedure stipulated on art. 108 paragraph (9) of Law no 24/2017, regarding the annual assessment of the manner in which the transactions with affiliated parties are concluded, procedure that will allow the Company not to report to the market significant transactions concluded with the affiliates within the ordinary course of business and under normal market conditions.
Until such procedure is in place, the Company will voluntarily report the significant transactions carried out/concluded with its affiliates although these fall within the category of transactions carried out within the ordinary course of business and are concluded under normal market conditions.
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