Current report December 31th, 2019: Solution of litigation ALRO - Competition Council

Significant event to be reported: Information on the status of the civil action lodged by ALRO S.A. against the Competition Council concerning the former’s claim for the cancellation of the Sanction decision no. 82/2015 issued by the Competition Council

In the case file 954/2/2016 pending before the Bucharest Court of Appeal, whose object-matter is both the claim for annulment of the sanctioning proceedings administrative document, as well as the claim for annulment of the sanctioning decision no. 82/2015 issued by the Competition Council, following the attachment of the case file 3536/2/2016, on the hearing date of December 30^th, 2019, the Court delivered the following decision: Dismisses the claim for annulment of the ruling proceedings dated December 24^th 2015 of the Plenum of the Competition Council, as being inadmissible. Dismisses the amended claim for annulment of the Decision of the Plenum of the Competition Council no. 82/24.12.2015, as being unfounded. Right to appeal within 15 days from the date of service of notice. Appeal to be filed to the Bucharest Court of Appeal - Section VIII Fiscal and Administrative Contentious Matters. Ruled today, December 30^th 2019, and made available to the parties through the Registry of the Court, as per the provisions of the art. 402 last sentence, of Code of Civil Procedure.

Mention is made that the information has been excerpted from the Courts of Law web portal, where it was posted on the site of the Bucharest Court of Appeal.

                             Chairman of the Board of Directors                     Managing Director

                                          Marian Daniel Nastase                               Gheorghe Dobra