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Tenaris S.A.

Transaction in Own Shares Mar 23, 2024

6230_pos_2024-03-23_bb044176-49b6-4220-b04d-c7bf75e8cb73.pdf

Transaction in Own Shares

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

Weekly Report (March 18, 2024 - March 22, 2024) on the Second Tranche of Tenaris Share Buyback Program

Luxembourg, March 22, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its Second Tranche of the Share Buyback Program announced on February 25, 2024, covering up to \$300 million to be executed in the open market, it has repurchased the following ordinary shares from March 18 to (and including) March 22, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
18-mar-24 MTAA 30,000 17.6747 530,241 1.0885 577,167
19-mar-24 MTAA 30,000 17.8887 536,661 1.0858 582,707
20-mar-24 MTAA 30,000 17.9849 539,547 1.0854 585,624
21-mar-24 MTAA 19,607 18.0917 354,724 1.0858 385,159
22-mar-24 MTAA 15,000 18.3291 274,937 1.0813 297,289
124,607 17.9453 2,236,109 2,427,946

From March 18, 2024 to (and including) March 22, 2024, the Company has purchased a total of 124,607 ordinary shares for a total consideration of €2,236,109, equivalent to USD2,427,946.

As of March 22, 2024, the Company held in treasury 29,776,589 ordinary shares (including 17,779,302 ordinary shares bought in the first tranche), equal to 2.52% 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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