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Tenaris S.A.

Transaction in Own Shares Jan 6, 2024

6230_pos_2024-01-06_6563f28c-4f08-4a19-b9e0-07b660c30e26.pdf

Transaction in Own Shares

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

Weekly Report (January 1, 2024 – January 5, 2024) on the First Tranche of Tenaris Share Buyback Program

Luxembourg, January 5, 2024. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its First Tranche of the Share Buyback Program announced on November 5, 2023, covering up to US\$300 million to be executed in the open market, it has repurchased the following ordinary shares from January 1 to (and including) January 5, 2024:

Date Trading Venue Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
02-ene-24 MTA 19,017 15.7600 299,708 1.1047 331,072
02-ene-24 CEUX 24,411 15.7599 384,715 1.1047 424,975
02-ene-24 TQEX 11,179 15.7600 176,181 1.1047 194,618
02-ene-24 AQXE 11,054 15.7600 174,211 1.1047 192,442
03-ene-24 MTA 9,817 15.5700 152,851 1.0944 167,272
03-ene-24 CEUX 4,944 15.5700 76,978 1.0944 84,241
03-ene-24 TQEX 5,752 15.5700 89,559 1.0944 98,008
03-ene-24 AQXE 1,238 15.5700 19,276 1.0944 21,094
04-ene-24 MTA 581,491 15.6132 9,078,935 1.0906 9,901,033
04-ene-24 CEUX 276,443 15.6127 4,316,022 1.0906 4,706,837
04-ene-24 TQEX 28,112 15.6181 439,056 1.0906 478,813
04-ene-24 AQXE 27,398 15.6179 427,899 1.0906 466,645
05-ene-24 MTA 395,044 15.4846 6,117,098 1.0956 6,701,587
05-ene-24 CEUX 186,334 15.4858 2,885,531 1.0956 3,161,244
05-ene-24 TQEX 19,143 15.4924 296,571 1.0956 324,908
05-ene-24 AQXE 18,668 15.4930 289,223 1.0956 316,859
1,620,045 15.5698 25,223,814 27,571,650

From November 6, 2023 to (and including) January 5, 2024, the Company has purchased a total of 14,268,136 ordinary shares for a total consideration of €223,343,975, equivalent to US\$242,076,047.

As of January 5, 2024, the Company held in treasury 14,268,136 ordinary shares equal to 1.21% 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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