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Tenaris S.A.

Transaction in Own Shares Jul 20, 2024

6230_pos_2024-07-19_43f06366-3343-411f-8881-203dbb63e5e8.pdf

Transaction in Own Shares

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

Weekly Report (July 15, 2024 – July 19, 2024) on the Fourth Tranche of Tenaris Share Buyback Program

Luxembourg, July 19, 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 15 to (and including) July 19, 2024:

Date Trading Venue Shares Purchased Weighted
Average Price
(EUR)
Purchases
in EUR
Reference
FX
Purchases
in USD
15-Jul-2024 MTAA 280,555 14.4347 4,049,727 1.0917 4,421,083
16-Jul-2024 MTAA 263,705 14.4211 3,802,916 1.0878 4,136,823
17-Jul-2024 MTAA 222,000 14.5380 3,227,436 1.0934 3,528,883
18-Jul-2024 MTAA 172,900 14.6045 2,525,118 1.0915 2,756,175
19-Jul-2024 MTAA 171,200 14.6491 2,507,926 1.0889 2,730,881
1,110,360 14.5116 16,113,123 17,573,844

From July 15, 2024 to (and including) July 19, 2024, the Company has purchased a total of 1,110,360 ordinary shares for a total consideration of €16,113,123, equivalent to USD17,573,844.

As of July 19, 2024, the Company held in treasury 51,503,977 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 4.43% 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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