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Tenaris S.A.

Transaction in Own Shares Feb 14, 2025

6230_pos_2025-02-14_2f42b0c9-dd79-41dd-80f9-044947437444.pdf

Transaction in Own Shares

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

Weekly Report (February 10, 2025 – February 14, 2025) on the USD 700 million Tenaris Share Buyback Program.

Luxembourg, February 14, 2025. - Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) ("Tenaris") announced today that pursuant to its up to USD 700 million Share Buyback Program announced on November 10, 2024, (subject to a maximum of 46,373,915 ordinary shares), to be executed in the open market, it has repurchased the following ordinary shares from February 10, 2025 to (and including) February 14, 2025:

Date Trading
Venue
Shares
Purchased
Weighted
Average Price
(EUR)
Purchases in
EUR
Reference
FX
Purchases in
USD
10-feb-25 MTAA 50,000 18.9397 946,985 1.0314 976,720
11-feb-25 MTAA 50,000 19.1353 956,765 1.0340 989,295
12-feb-25 MTAA 50,000 18.9904 949,520 1.0373 984,937
13-feb-25 MTAA 516,000 18.6239 9,609,932 1.0434 10,027,003
13-feb-25 CEUX 249,000 18.6308 4,639,069 1.0434 4,840,405
13-feb-25 TQEX 35,000 18.6340 652,190 1.0434 680,495
14-feb-25 MTAA 519,000 18.5250 9,614,475 1.0511 10,105,775
14-feb-25 CEUX 317,000 18.5212 5,871,220 1.0511 6,171,240
14-feb-25 TQEX 42,000 18.5287 778,205 1.0511 817,972
14-feb-25 AQEU 37,000 18.5348 685,788 1.0511 720,831
1,865,000 18.6081 34,704,150 36,314,673

From February 10, 2025 to (and including) February 14, 2025, the Company has purchased a total of 1,865,000 ordinary shares for a total consideration of €34,704,150, equivalent to USD36,314,673.

As of February 14, 2025, the Company held in treasury 87,541,212 ordinary shares (including 53,900,466 ordinary shares bought pursuant to the USD 1.2 billion Share Buyback Program), equal to 7.53% of the total issued share capital.

Tenaris intends to cancel treasury shares purchased under the Programs 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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