Current report after Alum's EGSM July 2023

On July 10^th, 2023 took place the Extraordinary General Meeting of Shareholders of Alum S.A

It was attended by the following shareholders:

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

- Crețu Nicoleta, holding 40 shares, representing less than 0.00005% of the share capital;

- Răileanu Nicolae, holding 18,310 shares, representing 0.0223% of the 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 Extraordinary Meeting (directly, represented by proxy or votes expressed by correspondence) hold shares amounting to 99.4250% of the share capital.

The meeting was conducted by Mrs. Duralia Mihaela, member of Board of Directors and special empowered person by the Alum’s Chairman of Board of Directors.

The following decisions have been made:

1.By a number of 81,614,210 total votes expressed, accounting for 81,614,210 shares, respectively  99.4250% of the total share capital, out of which 81,614,210 votes in favour, accounting 100%of the share capital represented for in the meeting, all the cast votes being valid, it is hereby approved the selling, as sole shareholder, of a number of shares representing 100% of the share capital of Global Aluminum Ltd BVI, in accordance with the proposal submitted by the Board of Directors, in accordance with the proposal submitted by the Board of Directors.

2.By a number of 81,614,210 total votes expressed, accounting for 81,614,210 shares, respectively 99.4250% of the total share capital, out of which 81,614,210 votes in favour, accounting 100%of the share capital represented for in the meeting, all the cast votes being valid, it is hereby approved to mandate the Company’s Board of Directors to negotiate and to approve the price and the final form of the transaction above mentioned.

3.By a number of 81,614,210 total votes expressed, accounting for 81,614,210 shares, respectively 99.4250% of the total share capital, out of which 81,614,210 votes in favour, accounting 100%of the share capital represented for in the meeting, all the cast votes being valid, it is hereby approved to empower Mrs. Feodorof Mariana to comply with all the formalities for the registration of the Extraordinary General Meeting of Shareholders’ decision.

4.By a number of 81,614,210 total votes expressed, accounting for 81,614,210 shares, respectively 99.4250% of the total share capital, out of which 81,614,210 votes in favour, accounting 100%of the share capital represented for in the meeting, all the cast votes being valid, it is hereby approved the date of August 10^th, 2023 as registration date, for the opposability of the decisions of the Extraordinary General Meeting of Shareholders, in accordance with the provisions of art. 87 in Law no. 24/2017 regarding the issuers of the financial instruments and market operations.

5.By a number of 81,614,210 total votes expressed, accounting for 81,614,210 shares, respectively 99.4250% of the total share capital, out of which 81,614,210 votes in favour, accounting 100%of the share capital represented for in the meeting, all the cast votes being valid, it is hereby approved the date of August 9^th, 2023 as ex date, in accordance with the provisions of art. 187 point 11 from the Regulation 5/2018 regarding the issuers of the financial instruments and market operations, issued by the Financial Supervisory Authority.

                ________________                                               ________________

Chairman of Board of Directors/ CEO                                          CFO

               Gheorghe DOBRA                                                Mihaela DURALIA

     (empowered person Duralia Mihaela)