Current Report: Information on the civil action filed by Hidroelectrica against Alro concerning material claims of the electric power producer, representing alleged unachieved proceeds under the bilateral contract concluded with Alro

The Company Alro S.A. informs the shareholders and investors that in the dispute lodged by S.P.E.E.H. Hidroelectrica S.A. against Alro S.A., which is the object-matter of the case file no. 13264/3/2015 before the Bucharest Court of Appeal, following the appeal made by S.P.E.E.H. Hidroelectrica S.A., on the trial date of September 26, 2017 the court had yet to rule on the case and, after the deliberations, dismissed the appeal as unfounded.

S.P.E.E.H. Hidroelectrica S.A.has lodged a second appeal against the resolution of the Bucharest Court of Appeal and at the moment the case is undergoing the filter panel of judges  evaluation proceedings before the High Court of Cassation and Justice of Romania, where a hearing date for October 04, 2018 has been set, according to the information taken from the High Court of Cassation and Justice of Romaniaportal.

As regards the status of the above mentioned case file, Alro S.A. will inform the public and investors in due course.

                        Chairman of the Board of Directors                                 Managing Director

                                Marian Daniel Nastase                                              Gheorghe Dobra