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

On December 23^rd, 2014 took place the Extraordinary 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 Dinescu Riviera;
• Creţu Nicoleta, holding 40 shares, representing less than 0.0001 % of the share capital;
• Filip Raluca-Maria, holding 5,000 shares, representing 0.0061% of the share capital. All the votes corresponding to this Shareholder were expressed by correspondence. 

The shareholders who were present in the General Extraordinary Meeting (directly, represented by proxy or votes expressed by correspondence) hold shares amounting to 99.4088% of the share capital.

The following decisions have been made:

1. With a number of 5000 votes in favour, amounting 0.0061 % from the share capital represented in the meeting and a number of 81.595.900 votes against amounting 99.9939% of the share capital represented in the meeting, it is hereby rejected the proposal for the dissolution of the Company.

2. With a number of 81,595,900 votes in favour, amounting 99.9939% from the share capital represented in the meeting and a number of 5,000 votes against amounting 0.0061% of the share capital represented in the meeting it is hereby approved the trading of the Company’s shares on the Alternative Trading System (ATS, 1^st category).

3. With a number of 81,600,900 votes in favour, amounting 100 % from the share capital represented in the meeting, Mrs. Feodorof Mariana is empowered to comply with all the formalities for the registration of the Extraordinary General Meeting of Shareholders‘decisions.

4. With a number of 81,600,900 votes in favour, amounting 100 % from the share capital represented in the meeting, the date of January 20, 2015 is approved to be the registration date of Shareholders, for the opposability of the decision made by the Shareholders’ General Extraordinary Meeting, pursuant to the provisions of article 238 of Law no. 297/2004 pertaining to capital market.

5. With a number of 81,600,900 votes in favour, amounting 100% from the share capital represented in the meeting, the date of January 19, 2015 is approved as ex date in accordance with the provisions of art. 129² of Regulation no.1/2006 on issuers and operations with securities issued by NSC (presently Financial Supervisory Authority).

        (empowered person Cilianu Marin)