Current report drafted according to the stipulations of the 225 article of the Law no. 297/2004

Thu, 01/21/2016 - 13:02

Please be informed by the present Current Report, that Alro S.A. concluded with the company Vimetco Extrusion S.R.L., (member of Alro’s group registered at the Financial Supervisory Authority) following transactions whose cumulated values amount to over EUR 50,000 (the exchange rate is 4,5324 RON/EUR; 4,1464 RON/USD the calculated values are exclusive of VAT):

VIMETCO EXTRUSION S.R.L.

No.

Number and date

Object

Estimated total value (RON)

Mutual debts

Guarantee

Payment terms

P011316-272

Contract no.

I 2545/2016 for the supply of 22,661 tons of aluminum billets, type 6060/6063/6005 and 6082 during period January - December 2016

166,128,989*

Maximum 90 days from delivery

P011316-455

Addendum no.1 to the contract no.I 2545/2016 regarding the setting of the processing premium for the quantity of 5,654 Mt. of aluminium billets, type 6060/6063/6005 and 6082, which is to be delivered within the period January -March 2016

41,449,773**

Maximum 90 days from delivery

Note:

* annual value estimated based on the premium agreed for Q1 2016 (the premium is established on a quarterly basis)

** the estimated value is included in the value of the contract reported under item 1.

President of the Board of Directors

Marian Daniel Nastase

General Manager

Gheorghe Dobra