Communiqué regarding the availability of the Consolidated Annual Report for the financial year ended 31 December 2019

ALRO S.A. (“ALRO”) informs shareholders and investors on the availability of the Consolidated Annual Report for the financial year ended 31 December 2019, prepared in compliance with the provisions of the Regulation no. 5/2018 issued by the Financial Supervisory Authority (“FSA”) for issuers and operations with securities and with the provisions of the Bucharest Stock Exchange (“BSE”) Code, starting with 28 April 2020, after 2019 financial results are approved by the Annual General Shareholders Meeting ("GSM"), which will be held on this date.

ALRO Group Annual Report for the financial year ended 31 December 2019 was prepared in accordance with the Ministry of Public Finance Order no. 2844/2016, with subsequent amendments, which is in accordance with the International Financial Reporting Standards (IFRS) adopted by the European Union (EU) with some exceptions that do not affect the compliance with IFRS.

This communiqué was simultaneously sent to BSE and to FSA.

Additional information may be obtained from the Investor Relations Department, e-mail: investor.relations@alro.ro.

ALRO Group Annual Report for the financial year ended 31 December 2019 is audited and is available on the Company’s website, category “Investor Relations”, section “Reports”: http://www.alro.ro/en/reports.

                     Marian-Daniel NĂSTASE                                              Gheorghe DOBRA

            Chairman of the Board of Directors                                 Chief Executive Officer