Communiqué regarding the availability of the Consolidated Annual Report for the financial year ended 31 December 2021

ALRO S.A. (“ALRO”) informs shareholders and investors on the availability of the Consolidated Annual Report for the financial year ended 31 December 2021, 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 2022. The financial results for 2021 were approved by the Annual General Shareholders Meeting ("GSM"), which was held on 28 April 2022.

ALRO Group Annual Report for the financial year ended 31 December 2021 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 the Bucharest Stock Exchange and to the Financial Supervisory Authority.

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 2021 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