Alro S A : Current report in compliance with of article no. 108 of Law no. 24/2017, republished (ALRO S.A. & CONEF GAZ SRL)
June 15, 2022 at 12:23 pm EDT
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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 June 15th, 2022 with the company CONEFGAZSRL, company under joint control, one new transaction based on a lease agreement, whose value cumulated 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 15th, 2022 by ALRO S.A., as Lessor with the company CONEF GAZ SRL, as Lessee, containing information on the transaction date of conclusion, nature, description of its object, mutual receivables and debts are presented in Annex 1 hereto.
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
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Alro SA published this content on 15 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2022 16:22:02 UTC.
Alro SA is a Romania-based company engaged in the manufacture of aluminum. The Companyâs portfolio includes primary aluminum products, such as wire rod, billets, slabs, foundry alloys and ingots, as well as processed aluminum products, such as aluminum plates from soft, medium and hard alloys, including non heat-treated plates and heat-treated plates, sheets, coils, tread plates, embossed sheets and coils, corrugated and heat treated sheets and extrusions. Through its subsidiaries, the Company is also involved in the production of alumina and in the bauxite mining. The Company operates four main production units, including anode facility, electrolytic facility, cast house and processing plant, as well as ancillary and service units, such as electric current transformation and rectification unit, the metallurgical repairs unit, and the pot and furnace repair unit, among others. As of June 30, 2011, the Companyâs subsidiaries included Alum SA, Conef SA and Vimetco Extrusion Srl.
ALRO S.A. 
