Current report in compliance with of article no. 82 of Law no. 24/2017

Tue, 04/14/2020 - 10:46

Please be informed by the present Current Report, that ALRO S.A. concluded with the company VIMETCO EXTRUSION S.R.L. (member of Alro Group registered with the Financial Supervisory Authority) the following transactions whose cumulated values amount to over EUR 50,000 (currency exchange rate used by NBR is the one valid on the conclusion date of the legal document subject of the report; the calculated value does not include VAT):

No.	Parties that have concluded the legal document	Conclusion date and the nature of the document	Description of the object-matter of the legal document	The total value of the legal document (RON)	Mutual debts* (RON)	Established guarantees, stipulated penalties	Terms and modalities of payment
1.	ALRO S.A. (Seller) – VIMETCO EXTRUSION S.R.L. (Buyer)	P031720-40 Addendum no.1 to the sale-purchase contract no.I 3173/2020	Supplement the quantity contracted in February 2020 by 350 Mt +/- 5% aluminium billets, type 6060i/6063/6005 and 6082F	2,961,856	ALRO Receivables 27,232,290 ALRO Debts 409,775	-	45 days from delivery, at the most
2.	ALRO S.A. (Seller) – VIMETCO EXTRUSION S.R.L. (Buyer)	P041020-59 Addendum no.2 to the sale-purchase contract no.I 3173/2020	Modification of the processing premium for the quantity of 5,926 Mt +/- 2% of aluminium billets, series 6060/6063/6005, and 6082 to be delivered within the period April – June 2020	44,939,878**	ALRO Receivables 27,232,290 ALRO Debts 409,775	-	45 days from delivery, at the most
3.	ALRO S.A. (Seller) – VIMETCO EXTRUSION S.R.L. (Buyer)	P041320–67 Addendum no.3 to the sale-purchase contract no.I 3173/2020	Setting up the invoicing conditions for the quantity delivered in advance in relation to the contractual quota	-	ALRO Receivables 27,232,290 ALRO Debts 409,775	-	45 days from delivery, at the most
4.	ALRO S.A. (Seller) – VIMETCO EXTRUSION S.R.L. (Buyer)	P041320-112 Addendum no.4 to the sale-purchase contract no.I 3173/2020	Supplementing the quantity contracted in April 2020 by 390 Mt +/- 2% aluminium billets, type 6060/6063/6005 and 6082, and setting up the processing premium	2,960,250	ALRO Receivables 27,232,290 ALRO Debts 409,775	-	45 days from delivery, at the most

Note:

*the mutual debts are calculated according to the accounting records on the date of March 31st, 2020.

**this estimated value is included in the value of the contract reported on the date of February 04th, 2020.

Marian-Daniel NĂSTASE	Gheorghe DOBRA
Chairman of the Board of Directors	Chief Executive Officer