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Tenaris S.A.

Major Shareholding Notification Dec 20, 2025

6230_rns_2025-12-20_130b33c9-49f0-4bee-a572-4537319e8e21.pdf

Major Shareholding Notification

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Giovanni Sardagna Tenaris 1-888-300-5432 www.tenaris.com

Weekly Report (December 15, 2025 – December 19, 2025) on the Second Tranche of Tenaris Share Buyback Program.

Luxembourg, December 19, 2025. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Second Tranche of the USD1.2 billion Share Buyback Program announced on November 2, 2025, covering up to USD600 million to be executed in the open market, it has repurchased the following ordinary shares from December 15, 2025 to (and including) December 19, 2025:

Date Trading
Venue
Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
15-dic-25 MTA 535,192 17.2245 9,218,415 1.1739 10,821,036
15-dic-25 CEUX 393,420 17.2274 6,777,604 1.1739 7,955,890
15-dic-25 TQEX 51,585 17.2305 888,835 1.1739 1,043,359
15-dic-25 AQXE 46,237 17.2302 796,673 1.1739 935,174
16-dic-25 MTA 543,111 16.9763 9,220,015 1.1763 10,845,043
16-dic-25 CEUX 392,707 16.9767 6,666,869 1.1763 7,841,905
16-dic-25 TQEX 51,615 16.9759 876,211 1.1763 1,030,643
16-dic-25 AQXE 47,932 16.9776 813,770 1.1763 957,197
17-dic-25 MTA 554,876 16.9413 9,400,321 1.1770 11,064,178
17-dic-25 CEUX 403,224 16.9413 6,831,139 1.1770 8,040,250
17-dic-25 TQEX 51,544 16.9401 873,161 1.1770 1,027,710
17-dic-25 AQXE 48,798 16.9409 826,682 1.1770 973,005
18-dic-25 MTA 566,048 16.7532 9,483,115 1.1755 11,146,928
18-dic-25 CEUX 411,610 16.7538 6,896,032 1.1755 8,105,940
18-dic-25 TQEX 50,405 16.7536 844,465 1.1755 992,627
18-dic-25 AQXE 49,879 16.7543 835,688 1.1755 982,309
19-dic-25 MTA 597,146 16.2843 9,724,105 1.1727 11,403,457
19-dic-25 CEUX 435,667 16.2858 7,095,186 1.1727 8,320,524
19-dic-25 TQEX 53,631 16.2864 873,456 1.1727 1,024,302
19-dic-25 AQXE 52,366 16.2874 852,906 1.1727 1,000,203
5,336,993 16.8250 89,794,646 105,511,681

From December 15, 2025 to (and including) December 19, 2025, the Company has purchased a total of 5,336,993 ordinary shares for a total consideration of €89,794,646 equivalent to USD105,511,681.

As of December 19, 2025, the Company held in treasury 56,599,414 ordinary shares equal to 5.28% of the total issued share capital.

Tenaris intends to cancel treasury shares purchased under the Programs in due course.

Details of the above transactions, are available on Tenaris's corporate website under the Share Buyback Program Section https://ir.tenaris.com/share-buyback-program.

Some of the statements contained in this press release are "forward-looking statements". Forward-looking statements are based on management's current views and assumptions and involve known and unknown risks that could cause actual results, performance or events to differ materially from those expressed or implied by those statements. These risks include but are not limited to risks arising from uncertainties as to future oil and gas prices and their impact on investment programs by oil and gas companies.

Tenaris is a leading global supplier of steel tubes and related services for the world's energy industry and certain other industrial applications.

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