Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & Conef Gaz SRL)

Significant event to be reported:Reporting of transactions with related parties according to art. 108paragraph 3 and paragraph 13 of Law no. 24/2017 – Republished

Please be informed by the present Current Report, that ALRO S.A. concluded on the date of December 15^th, 2022 with the company CONEF GAZ SRL, company under joint control, two new transactions, whose value cumulated with the other transactions concluded/ carried out during the period September 1^st, 2022 – November 30^th, 2022, cumulatively exceeds 5% of the Company’s net assets, as per ALRO S.A. Standalone Financial Statements for the first 6 months of 2022, in amount of RON 53,695,300, as follows:

• Transactions of ALRO S.A. with CONEF GAZ SRL concluded/carried out during the period September 1^st, 2022 – November 30^th, 2022 in total amount of RON 53,641,556.
• Details on the transactions concluded on December 15^th, 2022 by ALRO S.A, as Buyer with the company CONEF GAZ SRL, as Seller, in estimated amount of RON 88,116,495.

Details have been enclosed to this Report, as follows:

• Annex 1 - Reporting of concluded/carried out transactions during the period September 1^st, 2022 – November 30^th, 2022;
• Annex 2 - Reporting of contracts related to the transactions in Annex 1
• Annex 3 - Reporting of transactions concluded on December 15^th, 2022and of mutual debts and receivables (balances) as of November 30^th, 2022.

The Company management declares that the management has assessed the reported transactions as being economically correct and justified.

Chairman of the Board of Directors                                                                                        Chief Executive Officer

Marian Daniel Nastase                                                                                                            Gheorghe Dobra