Current report appointment of BOD President Alro - November 13 2018

We hereby inform all persons who may be interested about the following important event to be reported:

By this current report, we hereby inform those who may be interested, that during the proceedings of the Board of Directors, carried out on 13^th November 2018, Mr. Marian Daniel Năstase was appointed in the position of President of the Board of Directors. Mr. Marian Daniel Năstase has accepted the appointment.

                          Marian-Daniel Năstase                                                 Gheorghe Dobra

              President of the Board of Directors                                   Chief Executive Officer