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Tenaris S.A.

Transaction in Own Shares Dec 8, 2023

6230_pos_2023-12-08_55ef55fc-a1e4-48eb-bdcd-a11821cf093e.pdf

Transaction in Own Shares

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

Weekly Report (December 4, 2023 – December 8, 2023) on the First Tranche of Tenaris Share Buyback Program

Luxembourg, December 8, 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 US\$300 million to be executed in the open market, it has repurchased the following ordinary shares from December 4 to (and including) December 8, 2023:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
07-dic-23 MTA 603,728 15.6413 9,443,091 1.0791 10,190,039
07-dic-23 CEUX 284,189 15.6423 4,445,370 1.0791 4,796,998
07-dic-23 TQEX 29,049 15.6440 454,443 1.0791 490,389
07-dic-23 AQXE 28,377 15.6448 443,952 1.0791 479,069
945,343 15.6418 14,786,855 15,956,496

From November 6, 2023 to (and including) December 8, 2023, the Company has purchased a total of 9,886,198 ordinary shares for a total consideration of €155,520,225, equivalent to US\$168,648,459.

As of December 8, 2023, the Company held in treasury 9,886,198 ordinary shares equal to 0.84% 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.

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