Current report drafted according to the stipulations of the 226 (1) article of the Law no. 297/2004 of Capital Market

On May 30, 2014 took place the Ordinary General Meeting of Shareholders of Alum SA.

It was attended by the following shareholders:

Alro SA, holding 81,595,860 shares representing 99.4026% of the share capital, represented by Mãdãlina Ivan;

Rãileanu G. Nicolae, holding 5,650 shares representing 0.0068& of share capital;

Creţu Nicoleta, holding 40 shares, representing less than 0.0001 % of the share capital.

The shareholders who were present in the General Ordinary meeting hold shares amounting to 99.4095% of the share capital.

The following decisions have been made:

1.With a number of 81.601.550 votes, amounting 100 % from the share capital represented for in the meeting, the Income and Expenditures Budget for 2014 is approved in the version recommended by the Board of Directors, having the following main financial indicators:

• Turnover:                                   USD 174,843,557
• Total revenues:                          USD 180,435,401
• Total expenses:                         USD 170,145,068

2.With a number of 81.601.550 votes, amounting 100 % from the share capital represented for in the meeting, the Activity Program for 2014 is approved, in the version recommended by the Board of Directors.

3.With a number of 81.601.550 votes, amounting 100 % from the share capital represented for in the meeting, the Investments Plan for 2014 is approved in the version recommended by the Board of Directors, forecasting total the achievements of investments in total amount of USD 560,000.

4.With a number of 81.601.550 votes, amounting 100 % from the share capital represented for in the meeting, is approved the power of attorney for Mrs. Feodorof Mariana to comply all formalities for the registration of the Ordinary General Meeting of Shareholders‘ decision.

5. With a number of 81.601.550 votes, amounting 100 % from the share capital represented for in the meeting, the date of June 19^th, 2014 is approved to be the registration date of shareholders for the opposability of the decision made by the Shareholders’ General Ordinary Meeting, pursuant to the provisions of article 238 of Law no. 297/2004 regarding the capital market.

                       Chairman of BoD- General Manager                                                     Financial Director

                                       Gheorghe Dobra                                                                        Mihaela Duralia

                                (empowered person Cilianu Marin)