Tenaris S.A.

Transaction in Own Shares • Nov 18, 2023

Informazione Regolamentata n. 0602-16-2023		Data/Ora Inizio Diffusione 18 Novembre 2023 00:00:18	Euronext Milan
Societa'	:	TENARIS
Identificativo Informazione Regolamentata	:	183547
Nome utilizzatore	:	TENARISN02 - Sardagna
Tipologia	:	2.4
Data/Ora Ricezione	:	18 Novembre 2023 00:00:17
Data/Ora Inizio Diffusione	:	18 Novembre 2023 00:00:18
Oggetto	:	Weekly Report (November 13, 2023 - November 17, 2023) on the First Tranche of Tenaris Share Buyback Program
Testo del comunicato

Vedi allegato.

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

Weekly Report (November 13, 2023 - November 17, 2023) on the First Tranche of Tenaris Share Buyback Program

Luxembourg, November 17, 2023. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its First Tranche of the Share Buyback Program announced on November 5, 2023, covering up to \$300 million to be executed in the open market, it has repurchased the following ordinary shares from November 13 to (and including) November 17, 2023:

Date	Trading Venue	Shares Purchased	Weighted Average Price (EUR)	Purchases in EUR	Reference FX	Purchases in USD
16-nov-23	MTA	606,482	15.8337	9,602,854	1.0866	10,433,981
16-nov-23	CEUX	285,810	15.8455	4,528,802	1.0866	4,920,770
16-nov-23	TQEX	29,049	15.7835	458,495	1.0866	498,178
16-nov-23	AQXE	28,377	15.7833	447,883	1.0866	486,647
17-nov-23	MTA	480,897	15.6019	7,502,892	1.0878	8,161,271
17-nov-23	CEUX	229,137	15.6017	3,574,934	1.0878	3,888,634
17-nov-23	TQEX	27,032	15.6068	421,882	1.0878	458,902
17-nov-23	AQXE	26,106	15.6080	407,461	1.0878	443,216
		1,712,890	15.7308	26,945,203		29,291,599

From November 6, 2023 to (and including) November 17, 2023, the Company has purchased a total of 4,894,360 ordinary shares for a total consideration of €78,238,435, equivalent to USD84,282,922.

As of November 17, 2023, the Company held in treasury 4,894,360 ordinary shares equal to 0.41% of the total issued share capital.

Tenaris intends to cancel all shares purchased under the Program 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.