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Tenaris S.A.

Transaction in Own Shares Dec 27, 2024

6230_pos_2024-12-27_94948d4b-8928-42ef-9ef3-37adbf20424f.pdf

Transaction in Own Shares

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

Weekly Report (December 23, 2024 – December 27, 2024) on the USD 700 million Tenaris Share Buyback Program.

Luxembourg, December 27, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its up to USD 700 million Share Buyback Program announced on November 10, 2024, (subject to a maximum of 46,373,915 ordinary shares), to be executed in the open market, it has repurchased the following ordinary shares from December 23, 2024 to (and including) December 27, 2024:

Date Trading
Venue
Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
23-Dec-24 MTAA 233,597 17.9189 4,185,801 1.0391 4,349,466
27-Dec-24 MTAA 331,607 18.1377 6,014,588 1.0423 6,269,005
565,204 18.0473 10,200,390 10,618,471

From December 23, 2024 to (and including) December 27, 2024, the Company has purchased a total of 565,204 ordinary shares for a total consideration of €10,200,390, equivalent to USD10,618,471.

As of December 27, 2024, the Company held in treasury 77,981,910 ordinary shares (including 53,900,466 ordinary shares bought pursuant to the USD 1.2 billion Share Buyback Program), equal to 6.71% 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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