Current report after GSM Alum 30.04.2025

I. On April 30, 2025 took place the Ordinary 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;

The shareholders who were present in the Ordinary General Meeting (directly or votes expressed by correspondence) hold shares amounting to 99.4027% of the share capital. The meeting was conducted by Mrs. Năstase Genoveva, Chairman of ALUM’s Board of Directors.

The following decisions have been made:
1. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively  99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, the financial statements for the year 2024 prepared in accordance with OMF no. 1802/2014, on the basis of the Directors’ Report and Financial Auditor’s Report for year 2024, are approved, in the version recommended by the Board of Directors.
The financial statements have the following main indicators:
• turnover                         81,709,134 ron 
• operating result – profit                   6,150,612 ron 
• result of the period – profit                   3,641,469 ron 
• total assets                        182,367,664 ron 
• total equity                        105,808,348 ron
2. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being secretly expressed and valid, the discharge of liability for 2024 of the directors: Dobra Gheorghe, Higer Igor, Duralia Mihaela, Cilianu Marin and Popa Ioan is approved.

3. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is approved that the net profit of the Company, afferent to the year 2024, to be allotted as follows:
• legal reserve                           238,204 ron 
• coverage the loss from the previous years        3,403,265 ron
4. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively  99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, the Annual Report for year 2024 prepared in accordance with the provisions of the Regulation no. 5/2018 of the Financial Supervisory Authority is approved, in the version recommended by the Board of Directors.
5. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, the Income and Expenditures Budget for 2025 is approved in the version recommended by the Board of Directors, having the following main financial indicators:
• total revenues                     6,406,047 USD 
• total expenses                    9,639,904 USD
6. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, the Activity Program for 2025 is approved, in the version recommended by the Board of Directors.
7. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, the Investment Plan for 2025 is approved, in the version recommended by the Board of Directors, forecasting total achievements of investment in total amount of USD 125,000.
8. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is approved that the remuneration of the Board of Directors members in 2025 to be of 50% from the amount granted for year 2023, namely to be in the amount of Euro 1,705 gross/month/Board of Directors member, payable in lei.
9. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is approved that the general limit of remunerations granted in 2025 to the Board of Directors members with special functions and to the managers to be of 50% from the amount granted in year 2023.
10. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, 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 Ordinary General Meeting of Shareholders’ decision.
11. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is hereby approved the date of  30 May 2025 as registration date, for the opposability of the decisions of the Ordinary 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.
12. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is hereby approved the date of  29 May 2025 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.

II. On April 30, 2025 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;

The shareholders who were present in the Extraordinary General Meeting (directly or votes expressed by correspondence) hold shares amounting to 99.4027% of the share capital. The meeting was conducted by Mrs. Năstase Genoveva, Chairman of ALUM’s Board of Directors.

The following decisions have been made:
1. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes against, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is hereby rejected the dissolution of the Company.
2. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, 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.
3. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is hereby approved the date of  30 May 2025 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.
4. By a number of 81,595,900 total votes expressed, accounting for 81,595,900 shares, respectively 99.4027% of the total share capital, out of which 81,595,900 votes in favour, accounting 100% of the share capital represented for in the meeting, respectively 100% from the votes expressed, all the cast votes being valid, it is hereby approved the date of  29 May 2025 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                  CFO
Genoveva NĂSTASE                                  Mihaela DURALIA