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Tenaris S.A.

Transaction in Own Shares Jun 8, 2024

6230_pos_2024-06-08_136afa0b-c824-4b9d-921b-d9ad1b972a6e.pdf

Transaction in Own Shares

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

Weekly Report (June 3, 2024 – June 7, 2024) on the Third Tranche of Tenaris Share Buyback Program

Luxembourg, June 7, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Third Tranche of the Share Buyback Program announced on May 12, 2024, covering up to \$300 million to be executed in the open market, it has repurchased the following ordinary shares from June 3 to (and including) June 7, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
03-Jun-2024 CEUX 296,000 15.1366 4,480,434 1.0869 4,869,769
03-Jun-2024 MTAA 635,000 15.1355 9,611,043 1.0869 10,446,269
03-Jun-2024 TQEX 48,000 15.1385 726,648 1.0869 789,791
04-Jun-2024 CEUX 303,000 14.8032 4,485,370 1.0880 4,880,095
04-Jun-2024 MTAA 657,000 14.8032 9,725,702 1.0880 10,581,539
04-Jun-2024 TQEX 49,000 14.8039 725,391 1.0880 789,228
05-Jun-2024 CEUX 319,000 14.8424 4,734,726 1.0865 5,144,284
05-Jun-2024 MTAA 678,900 14.8422 10,076,370 1.0865 10,947,974
05-Jun-2024 TQEX 52,000 14.8428 771,826 1.0865 838,591
06-Jun-2024 CEUX 322,000 14.8069 4,767,822 1.0878 5,186,423
06-Jun-2024 MTAA 676,000 14.8073 10,009,735 1.0878 10,888,611
06-Jun-2024 TQEX 54,000 14.8061 799,529 1.0878 869,728
07-Jun-2024 CEUX 324,000 14.9405 4,840,722 1.0812 5,233,803
07-Jun-2024 MTAA 677,000 14.9402 10,114,515 1.0812 10,935,791
07-Jun-2024 TQEX 56,000 14.9383 836,545 1.0812 904,473
5,146,900 14.9034 76,706,376 83,306,370

From June 3, 2024 to (and including) June 7, 2024, the Company has purchased a total of 5,146,900 ordinary shares for a total consideration of €76,706,376, equivalent to USD83,306,370.

As of June 7, 2024, the Company held in treasury 31,478,880 ordinary shares (including 16,367,003 ordinary shares bought in the second tranche), equal to 2.71% 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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