Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALUM S.A. & Sierra Mineral Holdings 1 Limited)

Tue, 02/15/2022 - 17:01

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 Sierra Mineral Holdings 1 Limited, subsidiary of ALRO S.A., on the date of February 15th 2022, a new transaction, based on the bauxite purchase contract and carried out during the period November 1st 2021 – January 31st 2022, the following transactions that, cumulatively exceed 5% of the Company’s net assets as per ALRO S.A. Standalone Financial Statements related to the first 6 months of 2021, amounting to RON 50,219,273, as follows:

  • Transactions of ALUM S.A., subsidiary of ALRO S.A., with the companySierra Mineral Holdings 1 Limited, subsidiary of ALRO S.A., carried out during the period November 1st 2021 – January 31st 2022 in total amount of RON 38,907,175.
  • Details regarding the transaction concluded on February 15th 2022 by ALUM S.A., as Buyer, with Sierra Mineral Holdings 1 Limited, as Seller, containing information on the transaction date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 3 hereto.

Details have been enclosed to this Report, as follows:

  • Annex 1 - Reporting of transactions carried out during November 1st 2021 – January 31st 2022;
  • Annex 2 - Reporting of contracts related to the transactions in Annex 1;
  • Annex 3 - Reporting of the transaction concluded on 15th February 2022 and of mutual debts and receivables (balances) as of January 31st 2022.

 

Chairman of the Board of Directors                                                                         Chief Executive Officer

         Marian Daniel Nastase                                                                                           Gheorghe Dobra

Annex 1 - Reporting of transactions carried out during the period November 1st 2021 – January 31st 2022
23.09.2024
Annex 2 - Reporting of contracts related to the transactions in Annex 1_6
23.09.2024
Annex 3 – Reporting of the transaction concluded on 15th February 2022 and of mutual debts and receivables (balances) as of January 31st 2022
23.09.2024