Current report after Alum OGSM 17.08.2021

On August 17^th, 2021 took place the Ordinary General Meeting of Shareholders of Alum S.A, in accordance with Regulation no. 5/2018 issued by the Financial Supervisory Authority regarding Issuers of financial instruments and market.

It was attended by the following shareholders:

- Alro SA, holding 81,595,860 shares, representing 99.4026% of the total share capital, all the votes corresponding to the shares owned by this shareholder being exercised via correspondence;

- Stan Rodica, holding 40 shares, representing less than 0.00005% of the total share capital;

- Răileanu Nicolae, holding 17,070 shares, representing 0.02079% of the total share capital, all the votes corresponding to the shares owned by this shareholder being exercised via correspondence.

The shareholders who were present in the General Ordinary Meeting (directly, represented by proxy or votes expressed by correspondence) hold shares amounting to 99.4234% of the total share capital. The meeting was conducted by Mr. Dobra Gheorghe, Chairman of Board of Directors.

The following decisions have been made:

1. By a number of 81,612,970 total votes expressed, representing 81,612,970 shares, accounting for99.4234% of total share capital, out of which 81,612,970 votes in favour, accounting for 100% of the share capital represented for in the meeting, all the cast votes being secretly expressed and being valid, it is hereby appointed as financial auditor for a one year mandate, respective from August 17, 2021 until August 17, 2022, Ernst & Young Assurance Services SRL having its headquarters in Bucharest, no. 15-17 Ion Mihalache Boulevard, 21^st Floor, Bucharest Tower Center Building, registered with the Trade Registry under no. J40/5964/1999, Sole Registration Code 11909783.

2. By a number of 81,612,970 total votes expressed, representing 81,612,970 shares, accounting for99.4234% of total share capital,out of which 81,612,970 votes in favour, accounting for 100% of the share capital represented for in the meeting,all the cast votes being valid, it is approved to authorize the GeneralManager and the Financial Manager of Alum S.A. Tulcea to sign the contract with the financial auditor appointed by the Shareholders’ General Ordinary Meeting.

3. By a number of 81,612,970 total votes expressed, representing 81,612,970 shares, accounting for99.4234% of total share capital, out of which 17,070 votes in favour, accounting for 0.0209% from the share capital represented for in the meeting, and 81,585,900 votes against, accounting 99.9791% from the share capital represented for in the meeting, all the cast votes being valid, the Remuneration Policy of the Company in the version recommended by the Board of Directors is rejected.

4. By a number of 81,612,970 total votes expressed, representing 81,612,970 shares, accounting for99.4234% of total share capital, out of which 81,612,970 votes in favour, accounting 100% from the share capital represented for in the meeting, all the cast votes being valid, it is hereby approved the mandate of Mrs. Feodorof Mariana to comply with all the formalities for the registration of the Ordinary General Meeting of Shareholders’ decision.

5. By a number of 81,612,970 total votes expressed, representing 81,612,970 shares, accounting for99.4234% of total share capital, out of which 81,612,970 votes in favour, accounting for 100% from the share capital represented for in the meeting, all the cast votes being valid, the date of September 15, 2021 is approved as registration date of shareholders, for the opposability of the decision of the Ordinary General Meeting of Shareholders, in accordance to the provisions of art. 86 of Law no. 24/2017 regarding the issuers of the financial instruments and market operations.

6. By a number of 81,612,970 total votes expressed, representing 81,612,970 shares, accounting for99.4234% of total share capital, out of which 81,612,970 votes in favour, accounting for 100% from the share capital represented for in the meeting, all the cast votes being valid, it is hereby approved the date of September 14, 2021 as ex date in accordance with the provisions of art. 187, item 11 from the Regulation 5/2018 regarding the issuers of the financial instruments and market operations, issued by the Financial Supervisory Authority.         

           Gheorghe Dobra                                                      Mihaela Duralia

            Chairman of the Board of Directors                                   Financial Director