Transaction in Own Shares • Jun 29, 2024
Transaction in Own Shares
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Giovanni Sardagna Tenaris 1-888-300-5432 www.tenaris.com
Luxembourg, June 28, 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 June 24 to (and including) June 28, 2024:
| Date | Trading Venue | Shares Purchased |
Weighted Average Price (EUR) |
Purchases in EUR |
Reference FX | Purchases in USD |
|---|---|---|---|---|---|---|
| 24-Jun-2024 | CEUX | 246,000 | 14.4769 | 3,561,317 | 1.0700 | 3,821,640 |
| 24-Jun-2024 | MTAA | 700,000 | 14.4778 | 10,134,460 | 1.0700 | 10,875,323 |
| 25-Jun-2024 | CEUX | 200,000 | 14.4624 | 2,892,480 | 1.0700 | 3,094,956 |
| 25-Jun-2024 | MTAA | 700,000 | 14.4694 | 10,128,580 | 1.0700 | 10,837,554 |
| 26-Jun-2024 | CEUX | 270,000 | 14.2164 | 3,838,428 | 1.0700 | 4,100,964 |
| 26-Jun-2024 | MTAA | 700,000 | 14.2521 | 9,976,470 | 1.0700 | 10,658,888 |
| 27-Jun-2024 | CEUX | 270,000 | 14.1241 | 3,813,507 | 1.0700 | 4,084,652 |
| 27-Jun-2024 | MTAA | 700,000 | 14.1239 | 9,886,730 | 1.0700 | 10,589,669 |
| 28-Jun-2024 | CEUX | 130,000 | 14.3152 | 1,860,976 | 1.0700 | 1,994,598 |
| 28-Jun-2024 | MTAA | 700,000 | 14.3218 | 10,025,260 | 1.0700 | 10,745,064 |
| 4,616,000 | 14.3237 | 66,118,208 | 70,803,307 |
From June 24, 2024 to (and including) June 28, 2024, the Company has purchased a total of 4,616,000 ordinary shares for a total consideration of €66,118,208, equivalent to USD70,803,307.
As of June 28, 2024, the Company held in treasury 43,742,579 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 3.76% 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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