Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALUM S.A. & CONEF GAZ SRL)

Thu, 06/30/2022 - 18:21

Significant event to be reported:Reporting of transactions with related parties according to art. 108paragraph 3 and paragraph 12 of Law no. 24/2017 - Republished

Please be informed by the present Current Report, that ALUM S.A., subsidiary of ALRO S.A., concluded with the company CONEF GAZ S.R.L., related party of ALRO Group, on the date of June 30th, 2022, one new transaction based on a purchase contract, whose cumulated value with the other transactions concluded/ carried out within the last 12 months, cumulatively exceeds 5% of the Company’s net assets, as per ALRO S.A. standalone financial statements for the year 2021, in amount of RON 53,659,613.

Details regarding the transaction concluded on June 30th, 2022 by ALUM S.A., subsidiary of ALRO S.A., as Buyer, with the Company CONEF GAZ S.R.L., related party of ALRO Group, as Seller, containing information on the transactions date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.