Current report on the litigation status with ANAF

Significant event to be reported: Information on the significant litigation

The Company Alum S.A. informs investors and all the persons who may be interested that, after having carried out a control by ANAF, DGFP Galati through AJFP Constanta, by which additional payment obligations were established for the company in the amount of 19.67 million RON, obligations paid by company, according to the provisions of the control act since 2020, filed an appeal against the tax decision, and the latter was almost entirely accepted by the court of first instance, the Appeal Court of Constanța,the court ordered the return to Alum of an amount of approximately 18.2 million lei out of the total of approximately 19.67 million lei that was the subject of the tax act.

Following the appeals filed by both parties to the decision of the Appeal Court of Constanța, in their trial by the High Court of Cassation and Justice, these were partially admitted, the case being sent for retrial, within the limits of cassation, to the Appeal Court of Constanța.

At the date of the report, the company does not know the reasons or limits of cassation, invoked in the solution published on the High Court's website.

The company considers the tax decision to be groundless and illegitimate and will defend its position by all legal means at its disposal.

Genoveva Năstase                                                               Mihaela Duralia

Chairman of the Board of Directors                                   Financial Director