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Tenaris S.A.

Transaction in Own Shares Jul 6, 2024

6230_rns_2024-07-06_cb58e0f8-2db9-4e67-840e-70ed4d0cf9df.pdf

Transaction in Own Shares

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Informazione
Regolamentata n.
0602-30-2024
Data/Ora Inizio Diffusione
6 Luglio 2024 00:55:15
Euronext Milan
Societa' : TENARIS
Identificativo Informazione
Regolamentata
: 193148
Utenza - Referente : TENARISN02 - Sardagna
Tipologia : 2.4
Data/Ora Ricezione : 6 Luglio 2024 00:55:15
Data/Ora Inizio Diffusione : 6 Luglio 2024 00:55:15
Oggetto : Weekly Report (July 1, 2024 – July 5, 2024) on
the Fourth Tranche of Tenaris Share Buyback
Program
Testo
del
comunicato

Vedi allegato

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

Weekly Report (July 1, 2024 – July 5, 2024) on the Fourth Tranche of Tenaris Share Buyback Program

Luxembourg, July 5, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Fourth Tranche of the Share Buyback Program announced on June 14, 2024, covering up to \$300 million to be executed in the open market, it has repurchased the following ordinary shares from July 1 to (and including) July 5, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
01-Jul-2024 CEUX 187,000 14.3150 2,676,905 1.0730 2,872,314
01-Jul-2024 MTAA 700,000 14.3641 10,054,870 1.0730 10,788,892
02-Jul-2024 CEUX 45,100 14.3617 647,713 1.0741 695,709
02-Jul-2024 MTAA 700,000 14.3699 10,058,930 1.0741 10,804,274
03-Jul-2024 CEUX 28,441 14.4287 410,367 1.0807 443,462
03-Jul-2024 MTAA 680,000 14.4313 9,813,284 1.0807 10,604,699
04-Jul-2024 MTAA 700,000 14.4897 10,142,790 1.0808 10,962,349
05-Jul-2024 MTAA 650,000 14.4478 9,391,070 1.0825 10,165,391
3,690,541 14.4141 53,195,928 57,337,091

From July 1, 2024 to (and including) July 5, 2024, the Company has purchased a total of 3,690,541 ordinary shares for a total consideration of €53,195,928, equivalent to USD57,337,091.

As of July 5, 2024, the Company held in treasury 47,433,120 ordinary shares (including 16,367,003 ordinary shares bought in the second tranche and 18,080,524 ordinary shares bought in the third tranche), equal to 4.08% 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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