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Tenaris S.A.

Transaction in Own Shares Dec 7, 2024

6230_pos_2024-12-06_168883d4-c6b8-41f8-ae57-4e5af0d55136.pdf

Transaction in Own Shares

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

Weekly Report (December 2, 2024 – December 6, 2024) on the USD 700 million Tenaris Share Buyback Program.

Luxembourg, December 6, 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 2, 2024 to (and including) December 6, 2024:

Date Trading
Venue
Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in EUR Reference
FX
Purchases in USD
02-dic-24 MTAA 973,048 18.2607 17,768,538 1.0468 18,600,105
02-dic-24 CEUX 498,000 18.2602 9,093,580 1.0468 9,519,159
02-dic-24 TQEX 89,758 18.2570 1,638,712 1.0468 1,715,404
02-dic-24 AQEU 72,000 18.2580 1,314,576 1.0468 1,376,098
03-dic-24 MTAA 968,798 18.3742 17,800,888 1.0517 18,721,194
03-dic-24 CEUX 499,000 18.3742 9,168,726 1.0517 9,642,749
03-dic-24 TQEX 89,000 18.3745 1,635,331 1.0517 1,719,877
03-dic-24 AQEU 71,525 18.3756 1,314,315 1.0517 1,382,265
04-dic-24 MTAA 400,000 18.4799 7,391,960 1.0530 7,783,364
05-dic-24 MTAA 604,541 18.4437 11,149,973 1.0573 11,788,866
06-dic-24 MTAA 200,000 18.2142 3,642,840 1.0565 3,848,478
4,465,670 18.3443 81,919,437 86,097,560

From December 2, 2024 to (and including) December 6, 2024, the Company has purchased a total of 4,465,670 ordinary shares for a total consideration of €81,919,437, equivalent to USD86,097,560.

As of December 6, 2024, the Company held in treasury 72,683,869 ordinary shares (including 53,900,466 ordinary shares bought pursuant to the USD 1.2 billion Share Buyback Program), equal to 6.25% 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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